Tesla Growth and Production Statistics for 2023
Over the years, automobiles have gone from regular to electronic or plug-in vehicles. In 2003, Tesla was incorporated as a plug-in vehicle manufacturer, and by March 2020, it produced its one-millionth electronic car. Tesla has gradually become a brand name that has come to stay. It keeps improving its technology and prototype to suit its consumers. These Tesla stats represent how and when Tesla became the world's leading automobile company.
Currently, Tesla delivers over 200,000 cars quarterly, with plans to increase.Below are Tesla's stats about production and revenue to enlighten you about the company's growth and future projections.
Tesla Stats at a Glance- In Q1 + Q2 of 2021, Tesla sold over 473,136 electric cars. This was more than every other electric vehicle manufacturer in the world.
- Tesla has produced a total of 1.91 million cars since 2009.
- In the first two quarters of 2021 alone, Tesla manufactured 386,759 vehicles.
- In the first and second quarter of 2021, the total revenue of Tesla was $22.35 billion.
- Currently, Tesla has 70,757 employees.
As mentioned earlier, Tesla is a household brand name. You can't think of an automobile without Tesla popping up in your mind. As the years go by, its demand and value keep increasing. In the first six months of 2021 alone, Tesla delivered 386,181 vehicles. In the first quarter, it had 184,877 vehicles, and in the second quarter, 201,304 cars. Stats further showed that from 2017 to 2020, annual Tesla deliveries increased 4.85 times.
Year | Deliveries |
2013 | 22,442 |
2014 | 31,655 |
2015 | 50, 517 |
2016 | 76,243 |
2017 | 103,091 |
2028 | 245,591 |
2019 | 367,656 |
2020 | 499,583 |
2021 (Q 1 & 2) | 386,181 |
As mentioned earlier, automobiles are not just luxuries but everyday necessities. As the years go by, lots of automobiles are being produced. In the second quarter of 2021, Tesla had over 200,000 vehicles. This was the first quarter ever that Tesla made and delivered over 200,000 automobiles simultaneously. This massive production in the second quarter of 2021 showed a 151% amazing over-the-year growth. According to stats, Tesla's annual automobile production increased 5.06 times from 2017 to 2020. However, in 2017, it took Tesla about 181 days to produce 50,000 vehicles. But today, 50,000 automobiles can be manufactured in less than 37 days.
Year | Deliveries |
2014 | 35,000 |
2015 | 51,095 |
2016 | 83,922 |
2017 | 100,757 |
2018 | 254,530 |
2019 | 365,232 |
2020 | 509,737 |
2021 (Q 1 & 2) | 386,759 |
Statistics show that since its founding, Tesla has sold 1,917,450 electric vehicles. Tesla sold more than 466,100 automobiles in the second quarter of 2023. This is an increase of 10.23% from the year's first quarter. Tesla became the most valuable worldwide brand in the automotive industry in June 2023. Due to Tesla, Toyota came in second and had a threefold increase in brand worth.
4. Tesla's Yearly Revenue.Tesla's revenue has continuously climbed, growing at a CAGR of 48.19% over the past seven years. Its annual sales in 2019 were $24.58 billion; by 2020, it had increased by 28.31% to $31.54 billion. By H1 2021, Tesla's revenue had risen to $22.35 billion.
Year | Deliveries |
2008 | $15 million |
2009 | $112 million |
2010 | $117 million |
2011 | $204 million |
2012 | $413 million |
2013 | $2.01 billion |
2014 | $3.2 billion |
2015 | $4.05 billion |
2016 | $7 billion |
2017 | $11.76 billion |
2018 | $21.46 billion |
2019 | $24.58 billion |
2020 | $31.54 billion |
2021 (Q 1 & 2) | $22.35 billion |
Compared to other automakers, Tesla's fast-charging network is known as the supercharger. In recent years, Tesla has significantly increased supercharger locations worldwide. According to research, Tesla operated 3,059 supercharger stations in 40 countries as of October 2021. As a result, from July 2019 to July 2020, the number of supercharger stations climbed by 86.07%. Finally, between July 2018 and July 2021, Tesla added 1,652 new supercharger locations.
6. Supercharger Stations Globally.The internal combustion engine's supercharger controls the pressure of the fuel and air mixture. There are more than 3,000 of these supercharger stations operated by Tesla worldwide. With a supercharger, you can go 200 miles in just 15 minutes. China and the US accounted for around 65.54% of Tesla's supercharger stations as of October 2021. The total of all supercharger locations in 2005 was this. Although there are Tesla supercharger stations in 40 different nations, the majority of them are located in just 10 of them.
Country | Supercharges |
USA | 1159 (37.88%) |
China | 846 (27.65%) |
Canada | 125 (4.08%) |
Germany | 103 (3.36%) |
France | 97 (3.17%) |
UK | 87 (2.84%) |
Norway | 83 (2.71%) |
Sweden | 53 (1.73%) |
South Korea | 53 (1.73%) |
Italy | 45 (1.45%) |
Knowing that Tesla is the most trusted automaker in the world, one might be interested to learn where their production facilities are located. Four plants are operational, while two more are still being built. Three nations - China, Germany, and the United States-are home to these manufacturing facilities. The four active production lines are California, Nevada, New York, and Shanghai. For the plants in Nevada and New York, the facility in California is referred to as the Fremont factory or Gigafactory. The Gigafactory is located in Shanghai, the center of China. Berlin and Texas are the remaining two locations that are currently being built. However, the installed production capacity for the Shanghai and California factories is 1.05 million vehicles yearly.
8. Tesla's Global Sales.Unlike other brands, Tesla keeps hitting amazing sales. In 2020, Tesla sold over 499,535 vehicles and hit the record of the most popular Electronic vehicle producer. In August 2021, Tesla almost surpassed the total number of cars sold in 2020. It sold about 473,136 vehicles by the end of August. Tesla has outsold its closest competitor, SAIC-GM-Wuling, by 77.06%.
Below is a table of the 10 top manufacturers between January and August 2021.
Car Manufacturer | Sales |
Tesla | 473,136 |
SGMW | 267,206 |
BYD | 259,108 |
Volkswagen | 214,127 |
BMW | 172,336 |
Mercedes | 138,601 |
SAIC | 132,712 |
Volvo | 115,598 |
Audi | 107,195 |
Kia | 87,208 |
The United States residents are great lovers of automobiles, especially electronic vehicles. Each year, the number of electronic vehicles sold in the US keeps increasing. Tesla Model Y is an amazing electronic vehicle produced by Tesla. In the first quarter of 2021, about 48,364 Model Y vehicles were delivered in the US. This made the model rank the most popular electric vehicle in America. Another amazing model from Tesla is the Tesla Model 3, which ranked second most popular with a massive delivery of 26,983 quarterly in the US.
Below is the most popular EV in the United States in Q1 2021 and their number of deliveries.
Model | No. of Deliveries |
Tesla Model Y | 48,354 |
Tesla Model 3 | 29,683 |
Chevy Bolt EV | 9,025 |
Ford Mustang Mach-E | 6,614 |
Audi e-tron + e-tron Sportback | 4,324 |
Nissan Leaf | 2,925 |
Porche Taycan | 2,008 |
Tesla Model S | 505 |
Tesla Model X | 505 |
Volkswagen ID.4 | 474 |
BMW i3 | 240 |
Volkswagen e-Golf | 22 |
China is one of the global leading economic countries. They are also great lovers of automobiles, especially plug-in vehicles. In 2021 alone, 59,900 Model Ys and 92,755 Model 3s were sold in China. In August, the Model 3 was China's second most sold EV. However, stats show that the Model Y was the third most sold, and an alternative competitor took the lead with 41,188 sales in just one month. This alternative Wuling HongGuang Mini Ev beat the Tesla Model Y by 3.55 times that year.
Plug-in Vehicle Model | Sales |
Wuling Hongguang Mini EV | 253,704 |
Tesla Model 3 | 92,755 |
Tesla Model Y | 59,900 |
BYD Han (BEV) | 50,455 |
Li Xiang One EREV | 48,176 |
Changan Benni EV | 45,206 |
BYD Qin Plus PHEV | 43,456 |
Great Wall Ora Black Cat | 41,760 |
GAC Aion S | 41,192 |
Chery eQ | 37,576 |
Europe has a strong passion for cars. Europe sold more than 100,000,000 cars in a single year. The Tesla Model 3 was the plug-in vehicle that sold the most in Europe in 2021. At the end of August, 76,440 vehicles were bought across the continent. This model's strong sales outperformed the ID.3 and popular EV models in Europe.
Plug-in Vehicle Model | Sales |
Tesla Model 3 | 76,440 |
Volkswagen ID.3 | 44,624 |
Renault Zoe | 38,872 |
Volkswagen ID.4 | 33,543 |
Ford Kuga PHEV | 32,507 |
Volvo XC40 PHEV | 29,356 |
Kia Niro EV | 28,393 |
Hyundai Kona EV | 28,260 |
BMW 330e | 26,537 |
Fiat 500 Electric | 26,064 |
There's no doubt that Tesla is a company to be part of; judging from its success strand and its popularity strength, it's indeed a heaven on earth for workers suitable to be employed. The company is divided into various sectors, from assembling parts to constructing, spraying bodywork, etc. A lot of activities take place in the Telsa factory, as a lot of processes are involved before a model of a car is produced. According to research, since 2019, Tesla's employee strength has risen by 47.36%, from 22,741 employees to about 70,757 employees globally. Stats also revealed that an average employee's take home in the United States is $153,755, while immigrants on an H1- b visa receive $130,000. Currently, the total number of people working at Tesla is 127,800. This includes hardware engineers, labelers, software engineers, and autopilot systems.
ConclusionTesla is a top brand name in the automobile industry and will remain the same for years. Stats have shown that though Tesla faced challenges upon incorporation, it has since outgrown them and given birth to its new strengths. Since 2019, it has not dropped but grown in sales, production, and deliveries. Also, Tesla has massively taken many unemployed individuals off the streets. Moreover, its models have given more beauty to automobiles. It'll be interesting to see this company continue on this upward trajectory.
FAQsHow does a Tesla supercharging station work?Tesla supercharging stations are located in almost all countries globally. To be part of this worldwide device experience, drive your automobile to any Tesla supercharger station nearby. Park and let your vehicle be plugged in via the connector at the supercharger post. Once done, the LED charger port of the vehicle will indicate charging with a green flash. You can also monitor the process through the instrument panel or the Tesla app on your phone.
What is Tesla production capacity?The total installed production capacity is over 2,025,000 per annum. About 750,000 at the Giga Shanghai factory in China, over 375,000 at the Giga Berlin factory, and over 250,000 at the Giga Texas factory in the US.
Which country has the largest sale of Tesla?The country with the largest Tesla market is the United States. In the fourth quarter of 2022, research revealed about 131,024 S3XY Tesla models were sold in the US. Also, in the first quarter of 2023, a large volume of almost 181,000 cars was recorded to have been sold.
Which brand is more profitable?From stats gathered in 2022, it was reported that Tesla had a $3.29 billion net profit, while Toyota, despite delivering eight times more than Tesla, had roughly $3.15 billion. This clearly shows that Tesla was more profitable than Toyota last year. Also, Tesla is the most popular brand compared to Toyota, which ranks second.
Sources- Number of Tesla vehicles delivered worldwide from 1st quarter 2016 to 2nd quarter 2023
- Tesla Investor Relations
- Electric Vehicle Sales Bonanza - 20 Charts & Graphs
- Tesla Revenue 2010-2023 | TSLA
- Tesla sold 44,264 China-made vehicles in August; local deliveries up
- China: Plug-In Car Sales Reach New Record In August 2021