Tesla Statistics
Here are the most up-to-date statistics and insights into Tesla's performance, market reach, and global impact. Discover key statistics highlighting Tesla's growth, market leadership, and technological advancements in electric vehicles and renewable energy. From production volumes and revenue figures to market share and AI investments, these statistics for 2025 provide a clear picture of Tesla's journey as a leader in sustainable transportation and energy solutions.
Last updated: January 03, 2025Tesla Statistics: Top Picks
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Tesla Key Facts & Insights
Tesla ended the second quarter of 2024 with over $30 billion in cash and investments.
Tesla's energy business margins reached a record high of 24.6% in Q1 2024.
Tesla reduced headcount by over 10% in Q1 of 2024, aiming to save over $1 billion annually.
Tesla's selling, general, and administrative expenses reached 4.8 billion U.S. dollars in 2023, up from 3.95 billion in 2022, setting a new high.
Users & Audience
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34+ Tesla Statistics & Facts
Tesla forecasted a 20% to 30% increase in vehicle sales for the next year, as reported in Q3 2024.
Tesla’s Vehicle Sales Growth Forecast
<a href="https://analyzify.com/statsup/tesla#stat-teslas-vehicle-sales-growth-forecast" title=" Tesla’s Vehicle Sales Growth Forecast"><img src="https://statsup.net/media/1/2157/tesla-statistics-1-jCFFV2j6.png" alt=" Tesla’s Vehicle Sales Growth Forecast" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla produced its 7-millionth vehicle in Q3 2024.
Tesla Vehicle Production Statistics from Q3 2024
<a href="https://analyzify.com/statsup/tesla#stat-tesla-vehicle-production-statistics-from-q3-2024" title="Tesla Vehicle Production Statistics from Q3 2024"><img src="https://statsup.net/media/1/2156/tesla-statistics-oXPUBETG.png" alt="Tesla Vehicle Production Statistics from Q3 2024" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's revenue grew to nearly 96.8 billion U.S. dollars in the 2023 fiscal year, marking an 18.8% increase from the previous year.
Tesla's Total Revenue Growth in 2023
<a href="https://analyzify.com/statsup/tesla#stat-teslas-total-revenue-growth-in-2023" title="Tesla's Total Revenue Growth in 2023"><img src="https://statsup.net/media/1/1603/tesla-statistics-HUyq6wnP.png" alt="Tesla's Total Revenue Growth in 2023" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
In 2023, the US led Tesla's revenue, generating about 45.2 billion US dollars, or 46.7% of the total, while China contributed around 21.75 billion.
Tesla's Revenue Leadership in the US Market in 2023
<a href="https://analyzify.com/statsup/tesla#stat-teslas-revenue-leadership-in-the-us-market-in-2023" title="Tesla's Revenue Leadership in the US Market in 2023"><img src="https://statsup.net/media/1/1604/tesla-statistics-1-wXXLgxEm.png" alt="Tesla's Revenue Leadership in the US Market in 2023" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's free cash flow shifted from a negative $2.5 billion in Q1 to a positive $1.3 billion in Q2, mainly due to inventory build and CapEx spending adjustments.
Tesla's Free Cash Flow Shift from Q1 to Q2 2024
<a href="https://analyzify.com/statsup/tesla#stat-teslas-free-cash-flow-shift-from-q1-to-q2-2024" title="Tesla's Free Cash Flow Shift from Q1 to Q2 2024"><img src="https://statsup.net/media/1/1605/tesla-statistics-2-RcPuTxxM.png" alt="Tesla's Free Cash Flow Shift from Q1 to Q2 2024" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's gross margin for automotive sales and leasing rose to 19.4% in 2023, with a cost of revenue exceeding 79.1 billion U.S. dollars.
Tesla's Automotive Gross Margin and Cost of Revenue in 2023
<a href="https://analyzify.com/statsup/tesla#stat-teslas-automotive-gross-margin-and-cost-of-revenue-in-2023" title="Tesla's Automotive Gross Margin and Cost of Revenue in 2023"><img src="https://statsup.net/media/1/1606/tesla-statistics-3-hxMsYLGU.png" alt="Tesla's Automotive Gross Margin and Cost of Revenue in 2023" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's most recent quarterly vehicle production volume was nearly 433,400 units, showing a 12.4% decrease quarter-on-quarter and a 1.7% decrease year-on-year in Q1 2024.
Tesla's Vehicle Production Volume in Q1 2024
<a href="https://analyzify.com/statsup/tesla#stat-teslas-vehicle-production-volume-in-q1-2024" title="Tesla's Vehicle Production Volume in Q1 2024"><img src="https://statsup.net/media/1/1607/tesla-statistics-4-3w1N1x88.png" alt="Tesla's Vehicle Production Volume in Q1 2024" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's vehicle deliveries in Q1 2024 amounted to over 386,800 units, a decrease of around 20.2% compared to Q4 2023.
Tesla's Vehicle Deliveries Decline in Q1 2024
<a href="https://analyzify.com/statsup/tesla#stat-teslas-vehicle-deliveries-decline-in-q1-2024" title="Tesla's Vehicle Deliveries Decline in Q1 2024"><img src="https://statsup.net/media/1/1608/tesla-statistics-5-jfhdCUq7.png" alt="Tesla's Vehicle Deliveries Decline in Q1 2024" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's operating margin was 8.2% in Q4 2023, up from 7.6% in the previous quarter.
Tesla's Operating Margin in Q4 2023
<a href="https://analyzify.com/statsup/tesla#stat-teslas-operating-margin-in-q4-2023" title="Tesla's Operating Margin in Q4 2023"><img src="https://statsup.net/media/1/1609/tesla-statistics-6-4O2PEnsC.png" alt="Tesla's Operating Margin in Q4 2023" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
In 2022, deliveries of Tesla's Model 3 and Model Y surpassed 1.7 million units.
Tesla's Model 3 and Model Y Global Sales in 2022
<a href="https://analyzify.com/statsup/tesla#stat-teslas-model-3-and-model-y-global-sales-in-2022" title="Tesla's Model 3 and Model Y Global Sales in 2022"><img src="https://statsup.net/media/1/1610/tesla-statistics-7-YXSBIpsO.png" alt="Tesla's Model 3 and Model Y Global Sales in 2022" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
The Tesla Model Y was the world's most popular plug-in electric vehicle in 2022, with worldwide unit sales of roughly 771,300.
Tesla Model Y's Global Popularity in 2022
<a href="https://analyzify.com/statsup/tesla#stat-tesla-model-ys-global-popularity-in-2022" title="Tesla Model Y's Global Popularity in 2022"><img src="https://statsup.net/media/1/1611/tesla-statistics-8-RTnUMcVl.png" alt="Tesla Model Y's Global Popularity in 2022" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's FSD Version 12 was deployed to 1.8 million vehicles in North America in Q1 2024, accumulating over 300 billion miles driven.
Tesla's FSD Version 12 Deployment in Q1 2024
<a href="https://analyzify.com/statsup/tesla#stat-teslas-fsd-version-12-deployment-in-q1-2024" title="Tesla's FSD Version 12 Deployment in Q1 2024"><img src="https://statsup.net/media/1/1612/tesla-statistics-9-oCSN92GK.png" alt="Tesla's FSD Version 12 Deployment in Q1 2024" width="100%" height="auto" style="width: 100%; height: auto !important; max-width:960px;-ms-interpolation-mode: bicubic;" /></a><br />
Source: <a target="_blank" href="https://analyzify.com/statsup/" title="Source: StatsUp by Analyzify">StatsUp</a>May be used without charge by all commercial and non-commercial websites. Attribution (link) is required.
Tesla's 4680 production ramped up significantly in Q2, delivering 51% more cells than in Q1.
Tesla's Cybertruck production reached 1,000 units per week, with costs dropping rapidly in Q1 2024.
Tesla saw a sequential decline in CapEx in Q2 but expects it to exceed $10 billion for the year.
Tesla sold about 1.3 million vehicles globally in 2022.
In Q4 2023, Tesla had 5,952 Supercharger stations and close to 54,900 Supercharger connectors worldwide.
Tesla's AI training capacity more than doubled sequentially in Q1 2024, with 35,000 H100 computers active and an expectation to reach 85,000 by 2024 year-end.
Tesla's auto margins declined from 18.9% to 18.5% in Q1 2024.
Tesla was ranked as the world's most valuable car brand in 2024, with a brand value of roughly 71.9 billion U.S. dollars.
Tesla recorded a restructuring charge of $622 million in Q2 of 2024.
Tesla expects energy storage to grow at least 75% higher than in 2023.
The Lucid Air Dream Edition Range recorded 115 miles more range than Tesla's Model S Long Range for the 2023 model year, with the Lucid-branded vehicle traveling up to 520 miles on a single charge.
Around 70% of Tesla owners choose another Tesla when buying a new car.
Of 60,022 Teslas disposed of in the U.S. (Jan 2023 - Feb 2024), 10.6% (6,385) were replaced with another electric vehicle.
Tesla's market cap fell to 560 billion U.S. dollars in March 2024, 14.6% lower than in March 2023.
Tesla's energy storage business is growing with strong demand for Megapack and Powerwall.
Tesla aims for volume production of the Cybertruck by 2026, with a target of at least 2 million units annually.
Tesla's FSD contributed $326 million in revenues for Q3 2024.
Tesla's energy margins were over 30% in Q3 2024.
Tesla's Q3 2024 vehicle safety report recorded 1 impact for every 7 million miles on autopilot.
Tesla's Lathrop Megapack factory reached a production run rate of 40 GWh/year in Q3 2024.
Tesla's Shanghai factory is set to start with a 20 GWh/year run rate in Q1 2025.
Tesla plans to deploy 50,000 GPUs in Texas by the end of October 2024.
Tesla Timeline & History
- 2003 - Tesla Motors Founded
Tesla Motors was founded in July 2003 by Martin Eberhard and Marc Tarpenning.
- 2004 - Elon Musk Joins Tesla
Elon Musk led Tesla’s initial Series A funding round, investing $6.5 million and becoming the company's largest shareholder and chairman of the board.
- 2012 - Model S Release
Tesla released the Model S, its first full-sized electric sedan, achieving widespread acclaim for its range and performance.
- 2015 - Tesla Energy
Tesla expanded into energy storage solutions with the launch of Tesla Energy, introducing products like the Powerwall and Powerpack.
- 2017 - Model 3 Launch
Tesla unveiled the Model 3, a more affordable electric vehicle designed for mass-market adoption.
- 2020 - Tesla's First Full-Year Profit
Tesla recorded its first full-year profit in 2020, marking a significant milestone for the company.
- 2021 - Tesla Reaches $1 Trillion Market Cap
Tesla's market capitalization surpassed $1 trillion, solidifying its position as a leading player in the automotive and technology sectors.
- 2022 - Model Y Becomes Best-Selling EV
The Tesla Model Y became the world's best-selling plug-in electric vehicle, with global sales of over 771,300 units.
- 2024 - World's Most Valuable Car Brand
Tesla was ranked as the world's most valuable car brand.
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