Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (2024)

This is your complete guide to Tesla sales and statistics for 2024. The update was made in July 2024, after Q2 disclosure.

Table of contents

  • 25 Interesting Facts About Tesla (Editor’s Picks)
  • Where Are Teslas Made
  • Tesla Manufacturing Locations
  • How Many Teslas Have Been Sold in 2024?
  • Tesla Annual Car Production
  • Tesla Delivery Numbers
  • Tesla Car Sales by Year
  • Tesla Sales by Model
  • Tesla Annual Revenue
  • Tesla Sales by Country (US, China, Europe, UK)
  • Tesla Top Competitors
  • How Long Does A Tesla Battery Last
  • Map of Tesla Supercharger Locations (North America, China, Europe)
  • How Does Tesla Make Money
  • Number of Tesla Employees
  • Average Salary of Tesla Employee
  • Are Teslas Worth It

Tesla is one of the most recognizable brands not only in the automotive industry but on the planet.

Tesla has offered the longest range of any EV on the market. They are also some of the safest in the world. And they are really fun to drive.

So, how has Tesla become so popular?

In this blog, you’ll find all the most recent data and statistics about this car manufacturer.

In Q2, we produced approximately 411k vehicles & delivered approximately 444k vehicles.

Our Q2 Earnings Call will be streamed live on X on July 23 at 4:30pm CT

https://t.co/4hHG1JFZKU

— Tesla (@Tesla) July 2, 2024

25 Interesting Facts About Tesla (Editor’s Picks)

  • Tesla Motors was founded in 2003 by Martin Eberhard and Mark Tarpenning.
  • The company’s name honors inventor Nikola Tesla.
  • Elon Musk became the largest shareholder after investing 6.5 million USD in 2004.
  • Musk has been CEO since 2008.
  • The Roadster, Tesla’s first electric car, started production in 2009.
  • The Model S was released in 2012.
  • In 2013, Elon Musk almost sold Tesla to Google.
  • Autopilot, Tesla’s advanced driver-assistance system, was released in 2014.
  • The Model X, Tesla’s first SUV, was released in 2015.
  • The Model 3, released in mid2017, became the highest-rated Tesla car.
  • Tesla announced the fully electric truck, Tesla Semi, in 2019.
  • The Model Y crossover was launched in 2020.
  • Tesla had 140,473 employees on December 31, 2023.
  • Tesla’s production spans North America, Asia, and Europe.
  • Tesla has its own electric vehicle charging stations called Superchargers.
  • Tesla vehicles can charge in about 30 minutes.
  • The Model Y became the best-selling EV globally.
  • The Model S achieves 0–60 mph in less than 2 seconds.
  • Models S, 3, X, Y are designed to spell “SEXY.”
  • Tesla is traded under the name TSLA on NASDAQ and eToro.
  • Tesla’s mobile app had 600k downloads in January 2024.
  • Cybertruck, Tesla’s electric pickup, started reaching customers in 2024.
  • Tesla’s cool features: Dog Mode, Camp Mode, and Trip Planner.
  • Beyond cars, Tesla produces solar panels and batteries.
  • Tesla’s Solar Roof and Powerwall showcase its leadership in renewable energy.

Where Are Teslas Made

Are Teslas made in China? – is not true at all.

In fact, 100% of all Tesla cars sold in the US are made in the US.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (1)

However, due to high demand, Tesla needed to expand its manufacturing outside the US.

It was the first US automaker to establish electric vehicle production in China.

This expansion marks a significant milestone for the company and the EV industry.

Tesla Manufacturing Locations

Tesla’s manufacturing locations are on three continents and three countries, serving +40 markets globally.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (2)

Headquarters: Palo Alto, United States

The four facilities are located in the US:

  • Fremont, CA Factory, US
  • Gigafactory Nevada, US
  • Gigafactory New York, US
  • Gigafactory Texas, US
Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (3)

The two facilities are outside the US:

  • Gigafactory Shanghai, China
  • Gigafactory Berlin – Brandenburg, Germany
Tesla modelLaunch dateProductionFacility
Tesla RoadsterFeb. 1, 20082008-2012• Hethel
• UK & Menlo Park
• Fremont, CA
Tesla Model SJun. 22, 20122012-Fremont, CA
Tesla Model XSept. 29, 20152015-Fremont, CA
Tesla Model 3Jul. 7, 20172017-• Fremont, CA
• Giga Texas
• Giga Shanghai
Tesla Model YMar. 13, 20202020-• Fremont, CA
• Giga Texas
• Giga Berlin
• Giga Shanghai
Tesla CybertruckNov. 30, 20232023-Giga Texas
Tesla Roadster 2nd GenEnd of 2024TBATBA
Tesla SemiTBATBATBA
Tesla Model 2TBATBATBA

Tesla is always looking to rocket all around and increase manufacturing capacities to expand production.

For 2026, it is planned to build another facility called Gigafactory Mexico in Monterrey, Nuevo Leon, Mexico.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (4)Loading ...

Source: Tesla

How Many Teslas Have Been Sold in 2024?

In the first two quarters of 2024, Tesla produced 844,202 and sold 830,766 Teslas.

Tesla Annual Car Production

In the first quarter of 2024, Tesla produced 433,371 vehicles.

Smart EV Charging: Unlocking Its Full Potential

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (5)

In 2023 Tesla’s production soared by 35%, hitting 1,845,985 vehicles.

All-time record: 479,700 units in Q2 2023.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (6)

Below is complete data on Tesla annual production from 2018 – Q2 2024.

YearProduction
2018254,530
2019365,232
2020509,737
2021930,422
20221,369,611
20231,845,985
Q1 2024433,371
Q2 2024410,831

There have been 6,129,824 Tesla models produced in the past six years.

Source: Tesla

Tesla Delivery Numbers

In the last three months, Tesla delivered nearly 5% fewer cars than it did in the same period last year.

Analytics were more pessimistic.

Total deliveries for Q2 2024: 443,956.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (7)

Tesla Car Sales by Year

The breakdown below shows Tesla car sales by year from 2008 onwards:

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (8)
YearTotal SalesVehicle Models Sold
2008~100Roadster
2009~900Roadster
2010~400Roadster
2011774Roadster
20123,000Roadster, Model S
201322,477Model S
201431,655Model S
201550,658Model S, Model X
201676,285Model S, Model X
2017103,181Model X/S, Model 3
2018245,240Model 3/Y, Model X/S
2019367,500Model 3/Y, Model X/S
2020499,550Model 3/Y, Model X/S
2021936,950Model 3/Y, Model X/S
20221,313,581Model 3/Y, Model X/S
20231,808,581Model 3/Y, Model X/S
Q1 2024386,810Model 3/Y, Model X/S, Cybertruck
Q2 2024443,956Model 3/Y, Model X/S, Cybertruck

Total number of Teslas sold from its existence until today (2008 – 2023): 5,847,642 vehicles.

Related read: Electric car sales statistics for 2024

How many Teslas have been sold in 2023?

In 2023 Tesla sold 1,808,581 vehicles.

For comparison, Tesla sold1,313,581 Model 3/Y and Model X/S cars in 2022.

Tesla Sales by Model

The success of theModel 3/Yand theModel X/S is real.

Going places pic.twitter.com/5LD5fgE6AA

— Tesla (@Tesla) February 9, 2024

In the following, we will show you the sales of Tesla models in different periods.

Model 3/Y Sales

In Q2 2024 Tesla sold a total of 422,405 vehicles.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (9)
YearSales
2019300,885
2020442,562
2021911,242
20221,247,146
20231,739,707
Q1 2024369,783
Q2 2024422,405

Tesla top-selling vehicle: Tesla Model Y.

Model X/S Sales

Tesla had sales of a total of 68,874 Model X/S vehicles in 2023.

*We have incorporated Cybertruck sales into this segment, starting from Q1 & Q2 of 2024.

Desert power pic.twitter.com/7oOu7ivyr2

— Tesla (@Tesla) February 29, 2024

Cybertruck is so cool, isn’t it?

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (10)
YearSales
201966,771
202057,085
202124,980
202266,705
202368,874
Q1 202417,027
Q2 202421,551

Source:Tesla

Tesla Annual Revenue

For Q1 2024 Tesla reported 21.3 billion USD in revenue, missing the expected 22.2 billion USD.

Tesla revenue 2023: 96.77 billion USD.

That’s an 18.79% growth, 15.31 billion USD more in 2023 than in 2022.

Tesla’s annual revenue from 2018 – 2023.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (11)
YearAnnual revenue
201821,461 billion USD
201924,578 billion USD
202031,536 billion USD
202153,823 billion USD
202281,462 billion USD
202396.77 billion USD
Q1 202421.30 billion USD

2022 Tesla’s revenue amounted to 81.462 billion USD, indicating a 51.35% rise from 2021 revenue.

For comparison, the annual revenue of Tesla in 2021 was 53.823 billion USD, reflecting a 70.67% increase from the revenue of 2020.

This shows that Tesla’s revenue growth is consistent and keeps growing.

Sources: Tesla, Macrotrends

Tesla Sales by Country (US, China, Europe, UK)

Tesla’s sales growth means the company is still in high consumer demand all around the globe.

The United States tops the list of countries with the most Tesla sales.

Tesla is now the 8th largest automaker in the US in terms of 2023 vehicle sales.

Tesla Sales in the US

Tesla holds a dominant position in the US EV market.

In 2023, Tesla solidified its position as a leading BEV automaker in the US market with sales reaching approximately 498,000 vehicles.

This marked a slight decrease from the previous year’s high of over 536,000 vehicles sold in 2022.

Tesla maintained a strong market presence with a 3.26% US market share.

The Tesla Model Y and Model 3 continued to be the top sellers.

This picture shows Tesla sales in the US per month and year:

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (12)

This one shows Tesla sales per quarter in the US:

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (13)

California has the highest number of Tesla cars on its roads.

If it were its own country, it would rank 4th in the world for electric vehicle sales.

Here are the top 10 selling cars in California (2023):

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (14)
ModelUnits
Tesla Model Y132,636
Tesla Model 382,786
Toyota RAV458,496
Toyota Camry51,330
Honda Civic42,564
Honda CR-V42,044
Honda Accord40,878
Ford F-Series40,507
Toyota Corolla38,198
Chevrolet Silverado36,821

Tesla’s best-selling model in the US: Tesla Model Y.

Source: Electrek

Tesla Sales in China

China is Tesla’s 2nd largest market.

Everything it’s basically the output of Giga Shanghai.

More deliveries to come! Welcome to the Tesla family❤️ https://t.co/qHukI9ev3E

— Tesla Asia (@Tesla_Asia) May 28, 2024

Tesla production has reached almost 500k units in Q4 2023.

Tesla sales in China by quarter:

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (15)
YearSales
Q1 2020~17,000
Q2 2020~30,000
Q3 2020~34,000
Q4 2020~65,000
Q1 2021~81,000
Q2 2021~92,000
Q3 2021~133,000
Q4 2021~178,000
Q1 2022~182,000
Q2 2022~113,000
Q3 2022~188,000
Q4 2022~228,000
Q1 2023~140,000
Q2 2023~155,000
Q3 2023~140,000
Q4 2023~170,000

Tesla had to cut prices because of Chinese rivals.

For comparison, market leader BYD accounted for 41% of car sales in the world’s biggest auto market there.

Source: X

Tesla Sales in Europe

Tesla was the fastest-growing car manufacturer in Europe last year with +57%.

Tesla’s sales in Europe grew by 57%, reaching 364k cars.

BEV share in Europe continues to grow.

It was the best January ever with 12%.

Tesla accounted for 14.5% of the BEV share in January.

This is up from 10% last year and was never higher in any first month of the quarter.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (16)
YearSales
Q1 202023,695
Q2 202013,954
Q3 202027,233
Q4 202034,062
Q1 202131,266
Q2 202136,224
Q3 202146,110
Q4 202154,719
Q1 202259,492
Q2 202226,145
Q3 202253,599
Q4 202294,958
Q1 202394,696
Q2 2023~90,000
Q3 2023~85,000
Q4 2023~80,000

Tesla Sales in the UK

In January 2024 Tesla had 1,581 sales and 1.1% market share for January.

It’s the best January ever.

Delivered our 200,000th Tesla in the UK! Thank you to our owners, you’re ace 💯 pic.twitter.com/NmnIrDAu0N

—Tesla Europe & Middle East (@teslaeurope) March28, 2024

At the end of Q4 2023, the UK reported 5,517 sales and a 3.9% market share in December.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (17)

Tesla Top Competitors

Who beat Tesla sales?

Tesla is BEV-focused and far ahead of its competitors.

In terms of BEVs, Tesla is an absolute champion.

Take a look at global BEV sales (2021, 2022, 2023):

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (18)

Tesla still leads with a 20% market share, but BYD is very close.

Related read: BYD Sales by Model and Country (2024 Statistics)

How Long Does A Tesla Battery Last

The battery in an electric vehicle accounts for 30% of an electric vehicle’s overall cost.

We will tell you how long a Tesla battery lasts.

Tesla batteries are one of the best on the market and have really good ranges.

How long does a Tesla battery last when is fully charged?

Here’s a look at what you can expect from the battery in your Tesla:

ModelTypeCapacityRange
Model SBEV100 kWh335 miles/540 km
Model 3BEV70 kWh295 miles/475 km
Model XBEV100 kWh310 miles/500 km
Model YBEV72.5 kWh250 miles/400 km

How Long Does It Take To Charge A Tesla

There are plenty of options to charge your Tesla.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (19)

Tesla users can fill out their vehicles in several ways depending on their charging needs.

Here are some of the options with charging speed and time explained.

Charging systemCharging speedCharging time
Wall connector44 miles of range per hour6 – 9 hours
Mobile Connectors and Adapters3 miles of range per hour/
Tesla Supercharger200 miles15 minutes
The Destination Charging44 miles of range per hour+12 hours

Source: Tesla

Map of Tesla Supercharger Locations (North America, China, Europe)

Tesla’s fast-charging network is called Tesla Supercharger.

These charging stations are exclusively available only for Tesla users.

Currently, Tesla operates with 50,000+ Superchargers.

Sept 2012: 6 Superchargers
Sept 2023: 50,000 Superchargers

The future is electric⚡️ pic.twitter.com/LR7g5qSYQj

—Tesla Charging (@TeslaCharging) September8, 2023

Tesla Superchargers can deliver a maximum power output of 250 kW.

Tesla runs 5,727 stations in over 40 countries (8 November 23).

Source: supercharge.info

Tesla Supercharger Map North America

In North America, there are 2,268 Superchargers (8 November 23).

The US has 2,034 Superchargers, while Canada has 200 Superchargers.

California is the US state with the most number of Superchargers, with 400 locations.

This is about 20% of all Tesla Supercharger locations in the US.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (20)

The world’s largest Supercharger site, with a total of 80 stalls, is located in Coalinga, CA.

Source: supercharge.info

Tesla Supercharger China

Building Superchargers in China has been a big project for Tesla.

So far, there are more than 1887 Supercharger locations in Mainland China (8 November 23).

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (21)

In Shanghai, there are 194 Supercharger locations so far.

Source: supercharge.info

Tesla Supercharger Map Europe

There are currently 1,083 charging stations in Europe (8 November 23).

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (22)

Most charging stations can be found in Germany.

Germany has a number of 181 Superchargers.

France is close with the number of 161 Superchargers.

Source: supercharge.info

How Does Tesla Make Money

You’re mistaken if you think Tesla makes money only by selling electric vehicles.

Tesla makes most of its money from the EV business (electric cars and Superchargers).

According to Statista, electric cars account for 85% of the total revenue.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (23)
SegmentRevenuePercents
Automotive sales44,125 billion USD84.30%
Services and other3,802 billion USD7.26%
Energy generation and other2,789 billion USD5.33%
Automotive leasings1,642 billion USD3.14%

Source: Statista

Number of Tesla Employees

The number of Tesla employees working for Tesla and its subsidiaries was 140,473 on December 31, 2023.

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (24)

The table shows how a large company has become a corporation:

YearNumber of employees
2010899
20111,417
20122,964
20135,859
201410,161
201513,058
201617,782
201737,543
201848,817
201948,016
202070,757
202199,290
2022110,000
2023140,473

Source: Statista

Average Salary of Tesla Employee

How much do people at Tesla get paid?

The average annual salary at Tesla is 110,192 USD or 52 USD per hour (including bonuses).

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (25)

Tesla received over 3 million job applications last year.

Source: Comparably

Are Teslas Worth It

Tesla cars are absolutely fantastic in terms of performance, range, charging network, and much more.

They are sporty and luxury cars worth buying.

So, after reading this blog, what do you think:

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (26)Loading ...

Conclusion

Here comes the million-dollar question: might we witness a potential decrease in Tesla sales?

In fact, Tesla plans to accelerate the launch of new, more affordable vehicle models by early 2025.

They will focus on cost reduction without compromising quality.

Let’s sit back and see what lies ahead! Share your thoughts in the comment section below!

Ready to get started?

Learn how your business can thrive with Tridens EV Charge.

Schedule a Demo

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (27)

Tesla Sales, Production & Revenue Statistics (Q2 2024 Update) (2024)
Top Articles
Latest Posts
Article information

Author: Dong Thiel

Last Updated:

Views: 6096

Rating: 4.9 / 5 (79 voted)

Reviews: 94% of readers found this page helpful

Author information

Name: Dong Thiel

Birthday: 2001-07-14

Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071

Phone: +3512198379449

Job: Design Planner

Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing

Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.