Page last updated: 7 August 2025
Tesla, Inc. is an American electric vehicle and clean energy company, known for transforming the automotive industry with its innovative electric cars, energy storage solutions, and solar products.
2025 Tesla’s Electric Vehicle Revenue and Sales
Tesla sold 830,766 units worldwide for the first 2 quarters of 2025, generating $41.8 billion in revenue. (Note: This data is preliminary subject to change upon annual report release.)
2025 Tesla EV Sales Key Figures | ||||
2025 | Q1 | Q2 | Q3 | Q4 |
Sales | 336,681 | 384,122 | – | – |
Production | 362,615 | 410,244 | – | – |
Revenue | $19.3 billion | $22.5 billion | – | – |
How many Tesla electric vehicles are sold each year?
Tesla electric cars reached 1,789,226 units sold in 2024.
- Tesla’s global sales have grown exponentially since 2013, from 22,477 units to 1.79 million in 2024.
- Sales surged after 2020, growing from 460,000 to 1.81 million units in just three years, driven by increasing demand for electric vehicles, expanded production capacity, and the popularity of Tesla’s Model 3 and Model Y.
- The sales milestones in 2021 (1.02 million units) and 2022 (1.33 million units) highlighted Tesla’s dominance in the global EV market.
- 2024 was the first year of Tesla having a decrease in sales of 1.79 million, a 1.07% decrease from 2023.
Learn more about Global EV Sales here.
Tesla Electric Car Production (2019-2024)
Tesla’s production has shown remarkable growth, with Model Y & 3 leading the way. In 2024, these models accounted for 94.69% of total goods produced by Tesla.
- Tesla experienced rapid growth in total production from 2019 to 2024, with a 385.60% increase.
- These models consistently represented the vast majority of Tesla’s production, growing from 82.77% in 2019 to over 96% in 2023.
- Model Y & 3 had their peak share in 2021 (97.38%), followed by a slight drop in 2022 (94.80%) before stabilising again in 2023 (96.16%).
- In 2024, total production reached 1,773,443 units, compared to 1,845,985 in 2023, while Model Y & 3 share was 94.69%, compared to 96.16% in 2023.
Year | Total Production | Model Y&3 | Percentage |
2019 | 365,232 | 302,301 | 82.77% |
2020 | 509,737 | 454,932 | 89.25% |
2021 | 930,422 | 906,032 | 97.38% |
2022 | 1,369,611 | 1,298,434 | 94.80% |
2023 | 1,845,985 | 1,775,159 | 96.16% |
2024 | 1,773,443 | 1,679,338 | 94.69% |
How much have Tesla sales dropped?
- Tesla’s global EV sales fell from 1.81 million units in 2023 to 1.79 million units in 2024, a decrease of 19,355 units, representing a 1.07% drop year-over-year.
What are the main reasons for the decline in Tesla sales?
- Tesla’s 2024 sales dropped as demand slowed in key markets, cheaper EVs from rivals gained ground, and U.S. tax credits disappeared.
- Factory delays and Elon Musk’s controversies didn’t help, and high interest rates made cars harder to afford. At the same time, gas-powered cars remained cheaper, and lower fuel prices made them more appealing to some buyers.
Tesla Global Market Share (2024)
- In 2024, Tesla accounted for approximately 10.52% of the global EV market, based on total global EV sales of 17.00 million units and Tesla sales of 1.79 million.
- While Tesla’s share is substantial, it still represents a fraction of the global EV sales, indicating potential for further expansion, especially as the demand for electric vehicles continues to rise globally.
What is Tesla’s most popular model of electric vehicles?
Tesla Model Y was the most popular model, with 1.22 million units sold in 2024.
- The Tesla Model 3 marked second on the list with 476,626 units sold, followed by Model X with 38,157 units.
- The Cybertruck gained growing momentum, with 37,165 units sold in 2024.
Leading Electric Vehicle Models Sold in 2024
- The leading electric vehicle models sold by Tesla in 2024 were Model Y and Model 3, driven by their advanced technology, range efficiency, and strong brand presence, making them popular choices among Tesla consumers.
Explore the Latest Trends in EV Sales by Brand and Model.
How many Tesla trucks have been sold?
- Tesla’s much-anticipated Cybertruck finally rolled off the line in November 2023, marking Tesla’s debut in the pickup segment. The very first units were handed over at a launch event on November 30, 2023, at Giga Texas, where Elon Musk personally delivered “about a dozen” trucks to early customers.
- 2024 was the first full year of Cybertruck sales, as production gradually ramped up at Giga Texas. Tesla sold approximately 37,165 Cybertrucks throughout the year.
How many electric vehicles did Tesla sell in 2024?
- In 2024, Tesla sold approximately 1.79 million electric vehicles, representing 100.88% of its total production output.
- The Model Y was Tesla’s best-selling model, making up 68.35% of total sales for the year.
How much does Tesla make each year?
In 2024, revenue reached $97.7 billion, up 0.93% from $96.8 billion in 2023.
- Tesla’s revenue has shown exponential growth from 2010 to 2023, increasing from $117 million in 2010 to $96.77 billion in 2023.
- The most significant revenue increase occurred in 2021 and 2022, where Tesla’s revenue increased by over $50 billion in just two years.
How much revenue did Tesla make in 2024?
- Tesla generated $97.7 billion in revenue in 2024, up 0.93% from $96.8 billion in 2023. This continues a long-term surge, from $0.10 billion in 2010 to $97.7 billion in 2024, highlighting Tesla’s rapid expansion over the last decade.
Which regions contribute the most to Tesla’s electric vehicle sales?
- The leading 2024 markets of Tesla were the US (674,924 units) and China (603,664 units) are the leading markets, with these two countries accounting for the vast majority of total sales.
- Germany (63,682 units) and France (63,641 units) each represented about 9.43% of US sales, highlighting their smaller volumes compared to the top market.
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Tesla Products
- Tesla Roadster (2008): The company’s first product, a high-performance electric sports car.
- Model S (2012): A luxury sedan known for its long range and high performance, receiving multiple awards like Consumer Reports’ Best Overall Car and Motor Trend’s Ultimate Car of the Year.
- Model X (2015): An all-electric SUV, recognised for its safety, being the first SUV to earn 5-star safety ratings in all categories in National Highway Traffic Safety Administration tests.
- Model 3 (2017): A mass-market electric sedan offering over 320 miles of range, designed to make electric vehicles accessible to a broader audience.
- Tesla Semi (2017): A fully electric truck designed to reduce long-term operating costs for owners, projected to save at least $200,000 in fuel over one million miles.
- Cybertruck (2019): A futuristic electric pickup truck designed to offer better utility than traditional trucks with sports car-like performance.
- Model Y (2020): A compact SUV offering a balance of range, performance, and utility, with customer deliveries starting in early 2020.
First ever car launched
- The Tesla Roadster, launched in 2008, was the first electric vehicle to prove that electric cars could deliver both high performance and long range, with over 200 miles per charge and a 0 to 60 mph acceleration under 4 seconds.
- The Roadster was the first production car to use lithium-ion battery cells, setting a new standard for electric vehicles and laying the foundation for Tesla’s future innovations.
EV Sales Statistics Resources
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