Tesla, one of the most popular vehicle companies, and its CEO, Elon Musk, continue to set trends for the entire renewable energy market while adding milestones in terms of revenue, production, sales, and availability. In this article, we’ll explain the facts and stats you need to know about Tesla.
Melissa Veseli
Data Scientist
Claire Lantz
Sr. Content Editor
Last Updated: 08.11.2022
Section 01
Section 02
Section 03
Section 04
Section 05
Section 06
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In the first and the second quarters of this year, Tesla made 564,750 vehicles. Analysts predict that Tesla’s rapid growth can accelerate in the third quarter and beyond. Speaking at the annual shareholder meeting, Elon Musk mentioned the company’s future production plans, saying that by the end of 2022, Tesla might reach an annual production run rate of 2 million vehicles.
Tesla produced 16,411 units of model S and X in Q2 2022, a 601% YoY increase.
Tesla produced 242,169 units of model 3 and Y in Q2 2022, a 19% YoY increase.
Tesla has produced over 3 million vehicles to date. They achieved this feat in August 2022.
Tesla has produced over 3 million vehicles to date. They achieved this feat in August 2022. Elon Musk himself revealed this fact over Twitter.
Tesla produced 242,169 units of model 3 and Y in Q2 2022, a 19% YoY increase.
June 2022 was the highest vehicle production month in Tesla’s history.
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%.
Tesla delivered 16,162 units of models S and X in Q2 2022, a 753% increase YoY.
Tesla delivered 238,533 units of model 3 and Y in Q2 2022, a 20% increase YoY.
Tesla intends to reach a 50% average yearly growth in car deliveries over a multi-year period.
Tesla delivered 254,695 units in the second quarter of 2022. This is a 27% Year over Year increase.
With $75.93 billion in brand valuation, Tesla is the most valuable brand in the automotive sector as of 2022.
To date, Tesla has sold 2,889,793 vehicles globally. Founder Elon Musk believes that There will be over 4 million Teslas on the road by the end of 2022.
Tesla’s revenue for Q2 2022 was $16.934B, a 41.61% increase year-over-year.
Tesla’s annual revenue for 2021 was $53.823B, a 70.67% increase from 2020.
Tesla has a free cash flow of $621 million in Q2 2022.
75% of Tesla’s Bitcoin acquisitions were converted into fiat cash. These conversions in Q2 added $936M cash to Tesla’s balance sheet.
In Q2, 2022, the operating margin of Tesla was 14.6%, down from 19.2% in the previous quarter.
Tesla registered a $23,973 million revenue in the United States in 2021. In the Chinese market, Tesla generated a revenue of $13,844 million.
Tesla ranks first in terms of most plug-in electric vehicle sales worldwide, with 936,172 units sold in 2021. Following Tesla is BYD (593,878 units), SAIC (456,123 units), Volkswagen (319,735 units) and BMW (276,037 units).
Tesla Inc. has a 13.84% market share in the global plug-in electric vehicle market.
Model S: in this segment, Tesla competes with players like Mercedes S-Class, BMW 7 Series, Porsche Panamera, Audi A7 & A8, and more.
Model Y (compact SUV): in this segment, Tesla competes with Renault Zoe, Nissan LEAF, Volksvagen e-Golf, Audi e-tron and more.
With 36,000+ Superchargers globally, Tesla owns and operates the largest global, fast charging network globally.
Tesla has 3,971 supercharging stations as of 2022. On average, these supercharging stations have 9 supercharging points.
247 supercharging stations were added to the list in Q2 2022 only.
Superchargers can add up to 200 miles of range in just 15 minutes.
California has the most number of superchargers in the United States, with 302 stations.
Alaska is the state with the least number of Tesla supercharging stations, with just a single station.
Tesla superchargers have a maximum charging rate of 250 kW and are cheaper than gasoline.
Tesla has 6 factories worldwide across 3 different nations. Four of the tesla factories are in the United States and one each in Germany and China. This particular section highlights the factory-related statistics of Tesla.
Tesla’s Gigafactory in Texas is their newest edition. This gigafactory has 10 million square feet of floor space and spans 2,500 acres along the Colorado River.
Tesla’s factory in Fermont, California, provides employment to over 17,000 people.
Nearly 463,000 vehicles were produced in Teslas’s Fermont factory in 2021.
Tesla’s Gigafcatory in Nevada has 13 battery cell production lines as of 2022.
Gigafactory Nevada is the biggest among Tesla’s factories in terms of floor area. It has a floor area of a 492,000-meter square.
Gigafactory Shanghai is Tesla’s highest-producing factory. It recently produced its millionth, Tesla.
At the beginning of 2022, Tesla employeed a total of 99,920 workers. Just a year ago, the company had 70,757 full-time employees, which constituted 47.36% growth since 2019.
Between 2019 and 2021, Tesla added 22,741 new employees. Since 2020, the company has employed 40% more people.
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.
Elon Musk stated in 2020 that Tesla employed 100 hardware engineers, 200 software engineers, and 500 engineers working on the FSD and Autopilot systems of Tesla vehicles.