When it comes to electric vehicles and innovation, Tesla comes to everyone’s mind first. After all, the company is known for making cooler and eco-friendly electric vehicles more accessible for everyone. But do you know how many Teslas have been sold worldwide so far? Is the company ruling the market worldwide by being the clean energy giant?
Let’s look at Tesla Sales Numbers to get answers to all these questions.
Global Tesla Motors and Cars Sales Statistics
Despite shrinking its market share between 2020-21, the company still has a firm grip on the global vehicle market, and these statistics reflect that.
1. In 2023, Tesla Sold around 936,172 vehicles, with 308,000 cars only in the fourth quarter.
According to its press release, Tesla has managed to sell over 9,36,000 vehicles alone in 2023, representing an increase of 87% from 2020. The company produced 930,422 cars in 2023 but was able to sell around 936,172. Out of this total number, 24,964 deliveries were of Model S/X while the rest 911,208 were of Model 3/Y. [Source: Tesla]
2. In Quarter 3 of 2023 alone, Tesla sold around 2,41,300 electric vehicles worldwide, while the analyst predicted the sale of about 2,20,900 vehicles.
As per the Reuters report, Tesla has set a new record delivery number for six quarters. While the analysts predicted the sale of 2,20,900 tesla cars in Quarter 3, 2020, due to the lack of semiconductor chips and other supply chain problems the industry was facing, Tesla had sold more vehicles than expected in that quarter. [Source: CNBC]
3. China, Europe and the US are the three top countries where Tesla makes the most money with its sales.
Out of these three strongest markets where Tesla makes the most money, the US is at the top, as said by the company itself. The SEC filing shows that in Quarter 3, 2020, Tesla generated more than $6 billion in revenue in the US. In Europe, the figure was around $3.1 billion and $4.2 billion in the other regions. [Source: SEC Filing]
4. From 2017 to 2018, Total Tesla Sales in the US were up by 280% and 138% globally.
Comparing Tesla Sales Per Year, the company had sold 197,517 electric vehicles in the US alone in 2018, while in 2017, the number was around 48,000 only, i.e. 280% growth. On a global scale, the company had witnessed an increase of 138% from 2017 to 2018. [Source: Statista]
5. Tesla has sold around 1,917,450 electric vehicles worldwide to date, as per its investor reports.
Out of all the Teslas sold so far, 32% have been sold between 2016 to 2023, as per Tesla’s sales reports. [Source: Backlinko]
Best-Selling Tesla Models Sales Statistics
Do you know how many models Tesla has? As of January 2023, Tesla continues with its four models, i.e. Model 3, Model s, Model X and Model Y. Let’s see, out of these four models, which one accounts for the majority of Tesla Sales worldwide and regionally.
6. In 2018, Tesla’s Model 3 was the best-selling luxury car in the US market, with 145,846 units sold.
Tesla Model 3 is a mid-size, four-door sedan whose production started in 2017. In no time, the model gained immense popularity compared to its competitor Lexus RX by Toyota and sold around 145,846 units in 2018 alone. In 2018′s third quarter alone, the company sold about 55,000 units of Model 3, while the number grew in Quarter 4 with 63,000 units. [Source: CNBC]
7. In 2023, Tesla’s Best Selling Electric Vehicle Models Internationally were Model 3 and Model Y, marking more than 91,000 deliveries.
As per Tesla 2023 International Sales report, the combined sales of Model 3 and Model Y climbed to 911,208 units in that year. When combined with the total sale of Model S and X for that year, the number goes up to 936,172. [Source: Statista]
8. Between January to July 2023, Tesla had sold 153,062 Units of Model Y Worldwide.
The combined sales of Tesla Model 3 and Model Y between January to July 2023 were far more than the vehicles sold by China’s Wuling. In fact, the total sales of Model Y during that period was higher than the sales of any other electric vehicles sold by known brands like Hyundai, Nissan, Volkswagen, etc. [Source: Clean Technica]
9. Among the 20 best-selling electric vehicles worldwide in 2023, Tesla Model 3 won the Best-Seller Award with over half a million deliveries.
In 2023, Tesla Model 3 sold over 86,000 units and became the best-selling electric vehicle worldwide, followed by Model Tesla Y with 79,621 units and Wuling Mini EV with 424,138 deliveries. [Source: CleanTechnica]
10. In 2023, Tesla Y Model became one of the best-selling electric vehicles globally, with 80,000 deliveries.
In 2023, Tesla sold around 936,000 units, increasing 87% from 2020 sales. Among Tesla’s total sales, the Tesla Y model made the most sales, with over 80,000 units sold. [Source: Bloomberg]
11. In 2023, Tesla Model 3 and Model Y were the two most sold plug-in vehicles in China.
The company has sold over 92,755 units of Tesla Model 3 and 59,900 units of Tesla Model Y throughout the year. Based on China’s August Sales, Tesla Model Y was the third-most sold electric vehicle of the year. [Source: InsideEVs]
12. By the End of August 2023, Tesla Model 3 was the top-selling model in Europe.
Tesla Model 3 is one of the most popular and most-sold EV cars in Europe, with around 80,000 units sold across the continent. [Source: Electrek]
Tesla Annual Production Statistics
13. In Quarter2 of 2023, Tesla produced and delivered over 200,000 vehicles with an impressive growth of 151%.
It was the first Quarter in Tesla’s record where the company has produced and delivered such a massive amount of vehicles compared to its previous years. [Source: Tesla]
14. Tesla can now produce more than 50,000 vehicles in just 36 days with an increased production rate.
Tesla’s production capacity has increased by 5.06x from 2017 to 2020. While the company used to take 181 days to manufacture 50,000 vehicles, today, it just takes 36 days to produce the same amount of vehicles. [Source: Backlinko]
15. Since 2019, Tesla has produced over 1.91 Million Electric Cars.
As per Tesla’s sales and production reports, the company has produced and sold around 1,917,450 units of electric vehicles from its beginnings. Out of this total amount, the company sold about 32% units between the period of 2016-2020. [Source: TheStreet]
16. Tesla witnessed the highest electric cars production in Quarter4 of 2023, with a total production of 305,840 cars (70% increase year-over-year).
This growth is majorly due to the high production of the Tesla Model Y (up 79% to 292,731). Out of the total 292,731 Model Y cars produced in Quarter 4, 2023, Tesla had sold 296,850 (up 84% year-over-year). [Source: InsideEVs]
17. To boost its Production Capacity Year-Over-Year, Tesla has acquired several companies worldwide.
Over the past few years, Tesla has acquired several companies to boost its manufacturing and operational capacities worldwide. Some of them are:
- SolarCity Corp: A solar energy company acquired by Tesla on November 21, 2016, for $2.1 billion.
- Grohmann Engineering GmbH: A company dealing in automated manufacturing systems, acquired by Tesla on January 3, 2017, for $135.3 million.
- Perbix Machine Co. Inc: An automated manufacturing equipment company acquired by Tesla on November 7, 2017, for $10.5 million.
- Hibar Systems Ltd: An automated liquid dispensing and filing systems company acquired by Tesla in 2019 for an undisclosed amount.
- Maxwell Technologies Inc: An energy storage and power delivery company acquired by Tesla on May 16, 2019, for $207 million.
[Source: Investopedia]
Tesla Market Share, Net Worth and Stock Statistics
18. In 2023, Tesla emerged as the top-selling EV manufacturing company with 14.6% of the Global Market Share.
In the first half of 2023, Tesla sold around 420,000 EV units and became the top-selling EV manufacturing brand, leaving brands like Volkswagen Group, General Motors, and Stellantis behind with 12.52%, 8.55%, and 6.45% of the global market share, respectively. [Source: Statista]
19. Between Q2 2020 to Q2 2023, Tesla lost its US market share by 13.2% due to its competitors.
Between Q2 2020 to Q2 2023, Tesla recorded 66.3% new registrations in the US market, notably lower than its previous year’s registration percentage, i.e. 79.5%. This loss was primarily witnessed due to emerging competition in the Global EV market by competitors like Ford (gained 5.2% market share) and Audi (gained 3.3% market share year-over-year). [Source: GreenCarReports]
20. Tesla sold its shares at $17 per share when it launched its IPO in 2010.
For those who don’t know, Tesla launched its IPO on June 29, 2010, with 13.3 million shares at a price of $17 per share. With this share price, Tesla made its debut in the Global EV market with a $1.5 billion market cap. [Source: TechCrunch]
21. Tesla has surpassed the trillion-dollar mark, with its single share value worth over $1000 now.
After its trillion-dollar market capitalization, Tesla joined the elite club with other big companies like Amazon, Facebook, Alphabet, etc. Between March 2023 and January 2023, the stock price of Tesla saw an incredible boom, with a share price going from around $560 to more than $1,000. [Source: TechCrunch]
22. During the first half of 2020, Tesla owned around 80% of the US electric car market with the registration of 200,561 battery-electric vehicles.
In 2019, Tesla registered 172,438 owners in the US, which jumped by 16% in 2020. The top models of Tesla sold in the US in 2020 were:
- Tesla Model 3: 95,135
- Tesla Model Y: 71,344
- Tesla Model X: 19,652
- Tesla Model S: 14,430
[Source: Electrek]
Tesla Total Sales and Revenue Statistics
23. In 2020, the total annual revenue of Tesla was around $31.54.
Tesla generated 28.31% more revenue in 2020 than in 2019. In the initial six months only, the company’s revenue was around $22.35 billion. [Source: Backlinko]
24. Tesla’s total revenue has increased at a CAGR of 48.19% over the past 7-8 years.
Since 2008, Tesla has witnessed incredible growth year-over-year. With the increased production capacity, Tesla’s every year revenue has also increased exceptionally worldwide. Here are the revenue details of Tesla from previous years.
- 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 – $22.35 billion (Q1+Q2)
[Source: Backlinko]
How Many People Own Teslas? – Customer Demographics Statistics
According to several reports and analysts’ predictions, by the end of 2023, more than 4 million people will own and drive Teslas worldwide. Here are some of the interesting Tesla Customer Demographics Statistics for your knowledge:
25. Around 88% of Tesla Model X and S owners are financially stable and homeowners.
It has been witnessed that most Tesla Model X and S owners are well-settled financially with their own homes. [Source: CleanTechnica]
26. The high percentage of Tesla X owners belongs to females worldwide.
In comparison to other Tesla models, female owners prefer Model X worldwide, and this data proves it:
- Model X- Owns by 29% of Females and 71% of Males worldwide.
- Model S– Owns by 23% of Females and 77% of Males worldwide.
- Model 3– Owns by 16% of Females and 84% of Males worldwide.
[Source: CleanTechnica]
27. The Median Age of Tesla X Owners is 52 years, with an average household income of $143,177 annually.
While the median age of the US population is 38 years, the average median age of Tesla X owners is 52 years, which indicates that people prefer this model only when they achieve a stable financial status. [Source: CleanTechnica]
28. The Median Age of Tesla 3 Owners is 46 years old, with an average household income of $128,140 annually.
Tesla Model 3 has become a preferable EV car model for people of 46 years to buy, and they are willing to step out of their normal price range to own it. [Source: CleanTechnica]
29. Tesla 3 Owners prefer to own this model than owning a home, with only 56% being homeowners.
Compared to the general population, Tesla 3 homeowners are less likely to prefer owning a home over this model, maybe because owning a Tesla 3 model has become a status symbol these days and gives them access to a multiple interconnected systems network. [Source: CleanTechnica]
30. Tesla’s Employee has increased by 47.36% since 2019, with 70,757 people working full-time worldwide at its subsidiaries and parent company.
In 2019, the company had hired around 22,741 new employees, making its total count around 70,757 employees working worldwide. Tesla has six manufacturing plants in three countries: The US, China and Germany. Four are working out of these six plants, while two are under construction.[Source: Backlinko]
The Verdict
With the increasing craze for Electric Vehicles worldwide, there is no doubt that the rage for Tesla car models is also enhancing globally as more and more users buy at least one of its models. These Tesla Car Sales Statistics indicate that the company will rule the Global EV market with its innovation and latest technology in the coming years. So, if you also want to be a part of it, this is the right time to own a Tesla battery vehicle. For more such interesting statistics, keep checking our related blogs!
Sources:
- Tesla
- Tesla (Q2 2023 Update)
- CNBC
- CNBC (Tesla’s Model 3)
- SEC Filing
- Statista
- Statista (Best-selling plug-in electric vehicle models worldwide in 2023)
- Statista (Global plug-in electric vehicle market share in 2023)
- Backlinko
- CleanTechnica
- CleanTechnica (World EV Sales)
- CleanTechnica (About Tesla Owners)
- Bloomberg
- InsideEVs
- InsideEVs (Q4 EV Delivery Numbers & Outlook)
- Electrek
- Electrek (Tesla owns 79% of the electric car market in the US)
- TheStreet
- Investopedia
- GreenCarReports
- TechCrunch
- TechCrunch (Tesla surpasses $1 trillion market value)
