Tesla Revenue and Production Statistics for 2023
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Tesla Revenue and Production Statistics for 2023

Brian Dean

Written by Brian Dean

Tesla Revenue and Production Statistics

Tesla was incorporated as an electric vehicle manufacturer in July 2003.

Initially, the company faced significant difficulties when it came to developing technology, producing prototypes, and scaling manufacturing. Elon Musk joined the company as chairman in 2004. Early on, he stated that Tesla had just a 10% chance of success.

Despite the major hurdles encountered, the company produced its one-millionth car in March 2020.

Today, Tesla delivers more than 200,000 vehicles each quarter, with plans to ramp up production significantly in the future.

From revenue to the number of charging stations, here’s a breakdown of everything you’ll find out about on this page:

Key Tesla Stats

  • Tesla has sold 473,136 electric cars in the first 8 months of 2021. More than any other electric vehicle manufacturer worldwide.
  • Since 2009, Tesla has produced a total of 1.91 million vehicles.
  • Tesla has manufactured 386,759 vehicles in the first two quarters of 2021 alone.
  • Tesla’s revenue in Q1 + Q2 2021 was$22.35 billion.
  • 70,757 employees work at Tesla worldwide.

Tesla vehicle deliveries

In the first six months of 2021, Tesla delivered 184,877 vehicles in Q1 and 201,304 vehicles in Q2. This represents a year over year growth of over 121%.

Tesla delivered 386,181 vehicles in the first six months of 2021

From 2017 to 2020, annual Tesla deliveries have increased 4.85x.

Tesla vehicle deliveries

Here’s a comprehensive overview of Tesla deliveries since Q1 2013:

Year Deliveries
2013 22,442
2014 31,655
2015 50,517
2016 76,243
2017 103,091
2018 245,491
2019 367,656
2020 499,535
2021 (Q1+Q2) 386,181

Sources: Tesla, CleanTechnica

Tesla vehicle production

Tesla also produced over 200,000 vehicles in Q2 2021. This was the first quarter that Tesla has both produced and delivered over 200,000 vehicles. Vehicle production in Q2 shows a year over year growth of an impressive 151%.

Tesla vehicle production

Tesla’s annual vehicle production has increased 5.06x from 2017 to 2020.  For perspective, it took the company 181 days to manufacture 50,000 Tesla vehicles in 2017. Today, the same number of vehicles can be produced in just 36 days.

Here’s a complete breakdown of Tesla vehicle production since 2014:

Year Production
2014 35,000
2015 51,095
2016 83,922
2017 100,757
2018 254,530
2019 365,232
2020 509,737
2021 (Q1+Q2) 386,759

Source: Tesla

Total Teslas Sold

According to Tesla investor reports, Tesla has sold 1,917,450 electric vehicles to date.

Interestingly, 32% of all Teslas sold since 2016 have been sold so far in 2021.

Source: Statista

Tesla annual revenue

In 2020, Tesla generated $31.54 billion in annual revenue. That’s an increase of 28.31% compared to 2019. In the first six months of 2021, Tesla’s revenue is already $22.35 billion.

Tesla annual revenue

Over the last 7 years, Tesla’s revenue has grown at a CAGR of 48.19%.

We’ve charted the growth in Tesla’s annual revenue since 2008:

Year Annual revenue
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 (Q1+Q2) $22.35 billion

Sources: Tesla, Macrotrends

Tesla Supercharger locations

Supercharger is Tesla’s fast-charging network.

Tesla operates 3,059 Supercharger stations in over 40 countries as of October 2021. The number of Supercharger locations has increased by 86.07% over the last two years (July 2019 – July 2021).

Tesla active Supercharger stations

In the last 3 years alone (July 2018 – July 2021), Tesla has added 1,652 new Supercharger stations.

Here’s a table showing the number of active Supercharger stations since 2013:

Note: Monthly data as of October 13, 2021.
Date Active superchargers
January 2013 7
July 2013 15
January 2014 84
July 2014 145
January 2015 328
July 2015 432
January 2016 553
July 2016 640
January 2017 767
July 2017 889
January 2018 1133
July 2018 1314
January 2019 1433
July 2019 1594
January 2020 1770
July 2020 1915
January 2021 2613
July 2021 2966
October 2021 3059

Source: supercharge.info

Tesla Supercharger stations by country

As of October 2021, the US and China account for 65.54% of all Tesla Supercharger stations. The two countries contain a combined 2005 Supercharger locations.

The US and China account for 65.54% of all Tesla Supercharger stations

While the Tesla Supercharger network extends to over 40 countries, the vast majority (86.6%) of stations are located in just 10 countries.

Tesla Supercharger stations by country

With that, here’s a table that contains the full data:

Country Superchargers
USA 1159 (37.88%)
China 846 (27.65%)
Canada 125 (4.08%)
Germany 103 (3.36%)
France 97 (3.17%)
United Kingdom 87 (2.84%)
Norway 83 (2.71%)
Sweden 53 (1.73%)
South Korea 53 (1.73%)
Italy 45 (1.45%)

Source: supercharge.info

Tesla manufacturing facilities

Tesla has 6 manufacturing facilities spanning 3 countries: the United States, China and Germany.

4 of Tesla’s plants are already in operation. As well as the original Fremont Factory in California, there are active production lines at the Gigafactory Nevada, Gigafactory New York and Gigafactory Shanghai.

As of June 2021, the remaining 2 facilities (Gigafactory Berlin and Gigafactory Texas) are under construction.

Across its Fremont and Shanghai locations, Tesla has an installed annual production capacity of 1.05 million vehicles.

Source: Tesla

Tesla’s worldwide sales

Tesla sold 499,535 vehicles in 2020, making it the most popular EV manufacturer. This year, Tesla has outsold  SAIC-GM-Wuling, its closest competitor, by 77.06%. By the end of August 2021, Tesla nearly surpassed their total vehicle sales in 2020 with 473,136 vehicle sales.

Tesla’s worldwide sales

Here’s a list of the top 10 car 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

Source: CleanTechnica

Tesla sales in the US

The Tesla Model Y was the most popular electric vehicle in the US ranked by a number of deliveries in Q1 2021. 48,364 Model Y vehicles were delivered in the first quarter of 2021. Tesla Model 3 claims second place with 26,983 quarterly deliveries in the country.

Tesla sales in the US

All Tesla models combined claimed 74.49% of all US electric vehicle deliveries in the first quarter of 2021.

Here are the most popular electric vehicles in the US ranked by the number of delivers in Q1 2021:

Model Number of deliveries
Tesla Model Y 48,354
Tesla Model 3 26,983
Chevy Bolt EV 9,025
Ford Mustang Mach-E 6,614
Audi e-tron + e-tron Sportback 4,324
Nissan Leaf 2,925
Porsche Taycan 2,008
Tesla Model S 505
Tesla Model X 505
Volkswagen ID.4 474
BMW i3 340
Volkswagen e-Golf 22

Source: CleanTechnica.

Tesla sales in China

As of August 2021, the Tesla Model 3 was the second most sold plug-in vehicle in China. A total of 92,755 Model 3s and 59,900 Model Ys have been sold throughout the year.

Tesla sales in China

Here’s a ranking of the top 10 most popular plug-in vehicles in China in 2021:

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

Based on monthly sales data from August 2021, the Tesla Model Y is the third most sold electric vehicle in China. A low-cost alternative, the Wuling HongGuang Mini EV, recorded 41,188 sales in a single month. That’s 3.55x more than the Tesla Model Y.

Tesla sales in China (August 2021)

Here’s a ranking of the top 10 most sold plug-in vehicles in China in August 2021:

Plug-in vehicle model Sales
Wuling HongGuang Mini EV 41,188
BYD Qin Plus PHEV 13,043
Tesla Model Y 11,576
Li Xiang One EREV 9,433
SAIC Roewe Clever EV 8,913
BYD Song Pro PHEV 8,726
BYD Qin Plus PHEV 7,633
Changan Benni EV 7,358
BYD Han (BEV) 6,198
Xpeng P7 6,165

Source: Reuters, Insideevs

Tesla sales in Europe

At the end of August 2021, the Tesla Model 3 was the most sold plug-in vehicle in Europe. 76,440 vehicles have been sold across the continent. That’s 71.29% more than the most popular EV model in Europe, the Volkswagen ID.3.

Tesla sales in Europe

Here’s a ranking of the top 10 most sold plug-in electric vehicles in Europe between January and August 2021:

Plug-in vehicle model Sales
Tesla Model 3 76,440
Volkswagen ID.3 44,625
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

Source: CleanTechnica

How many people work at Tesla?

Worldwide, 70,757 full-time employees work at Tesla and its subsidiaries. Tesla’s employee count has grown by 47.36% since 2019, in which time the company has added 22,741 new employees.

How many people work at Tesla?

Here’s a table showing the Tesla employee count since 2010:

Year Employees
2010 899
2011 1,417
2012 2,964
2013 5,859
2014 10,161
2015 13,058
2016 17,782
2017 37,543
2018 48,817
2019 48,016
2020 70,757

The average compensation at Tesla in the US is an estimated $153,755. Tesla employees working in the US on an H1-B visa receive a median base salary of $130,000

Sources: Tesla, H1B Salary Database.

Conclusion

That’s it for my list of Tesla statistics.

Hopefully, the facts and figures I’ve included here have helped shed some light on Tesla’s growth story. It will be interesting to see if the company can continue on its upward trajectory.

Now I want to hear from you:

Do you think Tesla can maintain and grow its dominant position in the EV market? And how will the company fare compared to the traditional automobile industry giants?

I’d also be happy to answer any questions you may have about the data you’ve read here. And I always love suggestions about how to make these roundups even better.

Don’t hesitate to let me know in the comments section below.

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