Tesla Growth and Production Statistics: How Many Vehicles Are Sold Across the Globe?

• Tesla earned $97.7 billion in revenue in 2024.
• Tesla’s market cap stood at $920.8 billion in April, 2025.
• Tesla’s revenue was $19.3 billion in Q1 of 2025.
• Tesla delivered 1,789,226 electric cars in 2024.
• The Tesla Model 3 had 189,903 unit sales in the US in 2024.
• Tesla Model Y became the third most-selling electric vehicle in China in January 2025.
• Tesla sold 101,101 vehicles globally in January 2025. 
• There are 7,121 Tesla supercharger stations globally in 52 countries as of Q1 2025.
• Tesla earned a gross profit of $16.9 billion in the quarter ending March 31, 2025.
• Tesla’s revenue for the 12 months ending March 31, 2025, was $95.7 billion.
• Tesla employs 125,665 people worldwide.

Tesla Top Picks Statistics Since Inception:

• Tesla has sold more than 7,247,237 units since its beginning.
• Tesla’s Model 3 was the first electric car to have more than 1 million sales. 
• Tesla’s Model Y sold 80,000 vehicles in 2020. 
• In 2013, Tesla’s Model S was the first EV to receive the Car of the Year Award from Motor Trend. 
• Tesla’s Model X was named the safest SUV in the EV market in 2015. 

In the first quarter of 2025, Tesla produced over 362,000 vehicles and delivered more than 336,000 vehicles. The quarter saw Tesla produce 345,454 Model 3/Y vehicles, delivering 323,800. Tesla shares rebound and closed over 5% on the news.

“While the changeover of Model Y lines across all four of our factories led to the loss of several weeks of production in Q1, the ramp of the New Model Y continues to go well. Thank you to all our customers, employees, suppliers, shareholders and supporters who helped us achieve these results,” stated Tesla in its press release on April 2, 2025.

The electric car manufacturer’s other models (besides Model 3/Y vehicles) witnessed a production of 17,161 in the quarter ended on March 31, 2025, with deliveries posted at 12,881.

Tesla earned $97.7 billion in sales revenue in 2024. This was up from $96.8 billion earned in 2023, with a 0.9% marginal growth in sales during 2024. In 2024, Tesla dropped to become the second-largest EV manufacturer in terms of revenue and market share. It was surpassed by the Chinese car manufacturer BYD.  

Tesla produced more than 362,000 vehicles in Q1, 2025, and its vehicle deliveries amounted to 336,000 in the quarter. Tesla’s revenue for the quarter ending March 31, 2025, was $19.3 billion, a 9.2% drop year-over-year. Tesla’s revenue for the twelve months ending March 31, 2025, was $95.7 billion, a small 1% increase year-over-year.

Tesla’s revenue for the fourth quarter of 2024 was $25.7 billion, while in the fourth quarter of the preceding year it earned $25.2 billion, constituting an increase of 2% year-over-year. Its revenue for the twelve months ending December 31, 2024, was $97.7 billion, which amounts to a 0.9% growth year-over-year.

Tesla reported its 2025 fourth-quarter earnings on Wednesday, January 28, with EPS of $0.50, $0.05 better than the analyst estimate of $0.45. Revenue for the quarter came in at $24.9B versus the consensus estimate of $24.78B.

“Though small in EPS, Tesla’s beat was a quality beat, with margins showing signs that the price compression due to higher competition and declining brand value perception is slowly fading, particularly as demand stabilizes in higher consumer power markets,” said Thomas Monteiro, senior analyst at Investing.com. “This is key heading into what looks like a heavier spend year: the step-up in gross margin and operating margin effectively rebuilds “firepower” to fund Tesla’s 2026 agenda—doubling onsite compute in Texas, standing up Megafactory Houston output (Megapack 3/Megablock), and installing first-gen Optimus production lines—without having to lean as hard on price to drive volume.”

“That said, the overall picture remains soft when compared with the valuation story on the long haul. Tesla is entering a new transition phase where it is asking investors to underwrite a new revenue model (autonomy/services) before the legacy one (auto volumes) has stabilized, which makes rollout metrics—not deliveries—the most important leading indicator from here,” he continued. “Ultimately, the next re-rating hinges less on incremental quarterly beats and more on whether autonomy can translate into scalable, repeatable economics before the core auto business fully re-accelerates.”

Tesla made significant strides in vehicle production, battery technology, and autonomous driving in 2024, while facing challenges in the market and under scrutiny for its self-driving capabilities at the same time, compared to other automakers. The company achieved a cumulative production milestone of seven million vehicles and saw strong performance in the Energy Generation and Storage segment, contributing to a revenue increase.

The company celebrated the production of its 7 millionth vehicle, marking a significant achievement in its manufacturing journey. It also witnessed a record deployment of Powerwall units in the third quarter. In Berlin, the company reached a major milestone by producing 400,000 Model Ys, while also hitting a remarkable 10,000 units per week on its battery line.

Tesla also focused on expanding its Gigafactory network and unveiled its 4680 battery cells, highlighting advancements in battery technology. In the fourth quarter, Tesla produced approximately 459,000 vehicles and delivered over 495,000, setting a new quarterly record.

Tesla achieved the production of over 100 million 4680 battery cells, enhancing energy density and reducing costs. Further, the company deployed 31.4 GWh of energy storage solutions, including Powerwalls and Megapacks, contributing to grid stability and renewable energy integration.

Tesla expanded its Supercharger network by adding over 11,500 new stalls, bringing the total to more than 67,000 worldwide. It has over 67,000 Superchargers worldwide.

The carmaker Tesla introduced the Cybercab in October 2024, a fully autonomous, two-passenger electric vehicle without a steering wheel or pedals, aiming for production before 2027. Plans have been announced to launch a robotaxi service in Austin by June 2025, starting with 10–20 vehicles and expanding thereafter.

Tesla’s annual production rates have steadily been increasing. In 2014, the company made only 35,000 vehicles. In the first half of 2021, Tesla produced 386,759 cars, with 184,877 vehicles delivered in Q1 and 201,304 in Q2. Overall, in 2021, Tesla produced 930,422 EVs and delivered 936,222, thereby setting a new record. Compared to 2020, these numbers suggest a year-over-year growth of 82.5%. In 2024, the company sold a total of 1,789,226 vehicles. 

There were 1,679,338 Model 3/Y vehicles produced in 2024, with deliveries of 1,704,093 made. Energy storage deployments for 2024 were 31.4 GWh. 

Tesla sold and delivered the majority of its vehicles in the United States in 2024. It sold a total of approximately 1.79 million units in the year. While the United States and China remained Tesla’s largest markets, the company is gaining popularity in Europe.

In 2024, approximately 674,924 Tesla vehicles were sold in the United States, constituting the carmaker’s largest market, accounting for about 48% of its global sales revenue. Almost 603,664 Tesla vehicles were sold in China, becoming the electric car manufacturing giant’s second-largest market, contributing around 21% of its global sales revenue.

In 2024, Tesla sold almost 32,862 Tesla Model Y vehicles in European countries (as on Q1 2024), with Germany constituting the largest share, and selling 13,068 vehicles, followed by the United Kingdom with sales of 11,768 vehicles, and France with 11,360 vehicles sold in the period.

In the United States, Tesla was the first manufacturer to reach 200,000 cumulative sales of electric vehicles, arriving at the end of its government subsidy cap of $,5000 per sold car. In other words, since January 2020, no Tesla vehicle sold in the USA has received any subsidy. The annual sales of Tesla vehicles in the US were as follows:

Tesla started the production of its vehicles in China in 2018. In January 2020, Tesla’s Chinese Gigafactory started the output of the Tesla Model 3 Sedan and batteries. The production of the Tesla Model Y began on the Chinese mainland in 2021. 

Annual sales of Tesla cars in China boast the following climbing trajectory:

​As of early 2025, Tesla operates the largest global fast-charging network, comprising nearly 7,131 Supercharger stations and approximately 67,316 individual charging stalls worldwide, with an average of approximately 9.4 stalls per station.

Over the course of the year 2024, Tesla opened more than 11,500 new Superchargers stalls around the world, witnessing a healthy 19% YoY growth. Tesla’s Superchargers, that is, charging stations, are scattered across cities and towns to enable Tesla’s owners to charge their vehicles in fifteen minutes. As Tesla’s sales increased, the company made an all-out effort to provide people with charging stations. From July 2018 to July 2021, Tesla has added 1,652 new Supercharger stations. 

In 2024, the company launched superchargers in three new countries and delivered over 5.2 TWh energy, recording a whopping 30% increase YoY, while offsetting over 5.5 billion kg of carbon dioxide and 2.4 billion liters of gasoline. The company has quickly become one of the largest corporate energy users.

The table below shows the number of Supercharger locations from January 2013 to December 2024: 

Tesla has become more efficient in delivering vehicles to buyers. While six years ago, it took the company almost a month to deliver a car, now customers receive them within two weeks. Here is a table reflecting the downward trend in Tesla’s supply times. These figures reflect Tesla’s ongoing efforts to manage production and sales effectively amidst varying market conditions.​

Tesla’s electric vehicles are produced in three countries: the United States, China, and Germany. There are  six manufacturing facilities spread across these countries. Out of these six facilities, four have already been fully operational for several years. In addition to its original Fremont Factory located in California, Tesla added three more operating manufacturing facilities: Gigafactory Nevada, Gigafactory New York, and Gigafactory Shanghai in 2016, 2017, and 2018 respectively. Across its Fremont and Shanghai locations, Tesla has installed an annual production capacity of 1.5 million cars. 

Tesla’s Gigafactory Berlin-Brandenburg was officially opened in Germany on March 22, 2022. The factory is designed to produce batteries, battery packs, and powertrains to be used in Tesla vehicles. As the Tesla Model Y vehicle was also planned to be assembled in this factory, the first Model Y Performance with 2170-cells was produced in April 2022. 

Gigafactory Texas, located near Austin, Texas, started the limited production of Model Y at the end of 2021. The first deliveries of electric vehicles built at this factory took place on April 7, 2022. Gigafactory Texas is also planned to become the main place for the production of Tesla Cybertruck and the Tesla Semi and will serve as the site of Tesla’s corporate headquarters. It is the second biggest factory by size in the United States and the second largest building in the world by volume.  

Source: Tesla, Wikipedia

As per the latest data, Tesla employeed a total of 125,665 workers. Just a year ago, the company had 140,473 full-time employees, registering a drop of 10.5% on a YoY basis. Between 2019 and 2024, Tesla added a total of 77,649 new employees. Since 2020, the company has employed 43.7% more people. 

Earlier years saw a decline in the number of employees at Tesla’s facilities. Between 2018 and 2019, the number of people working for Tesla was reduced, causing its worldwide staff to shrink from 48,817 in 2018 to 48,016 in 2019. The year 2018 was more successful: it saw an increase of 30.03% from 2017.

While Tesla does not publicly disclose the exact number of engineers within its workforce, its German subsidiary specializing in automation engineering – Tesla Automation GmbH, employed approximately 1,390 individuals as of 2024.

Further, the median compensation package for software engineers at Tesla stands at $198,000. Tesla employees working in the US on an H1-B visa receive a median base salary of $145,805 in 2024.

In 2024, Tesla allocated $4.54 billion to R&D, marking a 14% increase from the previous year. This expenditure primarily covers personnel costs for engineering and research teams, manufacturing engineering, prototyping, and related activities.

Tesla’s stock reached an all-time high of $488.54 per share on December 18, 2024, closing the session at a price of $479.86. As of writing, Tesla is trading at $292.03, with the market capitalization at $940.6 billion. Considering that in 2011, TSLA shares cost a mere $4.92, the company has done exceptionally well since its inception. Although Tesla faces tough competition from other automakers, some of its EVs are on top of the electric vehicle market. It is the only company that simultaneously has several top-selling cars, such as Tesla Model Y (32.9% market share) and Tesla Model 3 (22.6%) and, therefore, might easily outclass and outsell other producers of electric vehicles.