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Tesla Revenue and Production Statistics for 2021

Tesla was incorporated as an electric vehicle manufacturer in July 2003.

Initially, the company faced significant difficulties when it came to developing technology, producing prototypes, and scaling manufacturing. Elon Musk joined the company as chairman in 2004. Early on, he stated that Tesla had just a 10% chance of success.

Despite the major hurdles encountered, the company produced its one millionth car in March 2020.

Today, Tesla delivers more than 180,000 vehicles each quarter, with plans to ramp up production significantly in the future.

From revenue to the number of charging stations, here’s a breakdown of everything you’ll find out about on this page:

Key Tesla Stats
Tesla vehicle deliveries
Tesla vehicle production
Tesla annual revenue
Tesla Supercharger locations
Tesla Supercharger stations by country
Tesla manufacturing facilities
Tesla worldwide sales
Tesla sales in China
Tesla sales in Europe
How many people work at Tesla?

Key Tesla Stats

Tesla sold 499,535 electric cars in 2020. More than any other electric vehicle manufacturer worldwide.
Since 2009, Tesla has produced a total of 1.43 million vehicles.
Tesla manufactured 509,737 vehicles in 2020 alone.
Annual Tesla revenue is $31.54 billion.
70,757 employees work at Tesla worldwide.

Tesla vehicle deliveries

Tesla delivered 499,535 vehicles in 2020, representing a 35.9% year-over-year growth.

Since 2017, annual Tesla deliveries have increased 4.85x.

Here’s a comprehensive overview of Tesla deliveries since Q1 2013:

Year
Deliveries

2013
22,442

2014
31,655

2015
50,517

2016
76,243

2017
103,091

2018
245,491

2019
367,656

2020
499,535

Sources: Tesla, CleanTechnica.

Tesla vehicle production

Tesla produced 509,737 vehicles in 2020. That’s an increase of 39.56% over 2019.

Tesla’s annual production has increased 5.06x since 2017. For perspective, it took the company 181 days to manufacture 50,000 Tesla vehicles in 2017. Today, the same number of vehicles can be produced in just 36 days.

Year
Production

2014
35,000

2015
51,095

2016
83,922

2017
100,757

2018
254,530

2019
365,232

2020
509,737

Source: Tesla.

Tesla annual revenue

Tesla generates $31.54 billion in annual revenue. That’s an increase of 28.31% compared to 2019.

Over the last 7 years, Tesla’s revenue has grown at a CAGR of 48.19%.

We’ve charted the growth in Tesla’s annual revenue since 2008:

Year
Annual revenue

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Sources: Tesla, Macrotrends.

Tesla Supercharger locations

Supercharger is Tesla’s fast charging network.

Tesla operates 2,649 Supercharger stations in 40 countries. The number of Supercharger locations has increased by 80.45% over the last two years (March 2019 – March 2021).

In the last 3 years alone, Tesla has added 1,467 new Supercharger stations.

Here’s a table showing the number of active Supercharger stations since 2013:

Note: Monthly data as of 22 March 2021.

Date
Active superchargers

January 2013
7

July 2013
15

January 2014
84

July 2014
145

January 2015
328

July 2015
432

January 2016
553

July 2016
640

January 2017
767

July 2017
889

January 2018
1133

July 2018
1314

January 2019
1433

July 2019
1594

January 2020
1770

July 2020
1915

January 2021
2613

March 2021
2649

Source: supercharge.info.

Tesla Supercharger stations by country

The US and China account for 67.17% of all Tesla Supercharger stations. The two countries contain a combined 1778 Supercharger locations.

While the Tesla Supercharger network extends to 40 countries, the vast majority (87.75%) of stations are located in just 10 countries:

Country
Superchargers

USA
994 (37.55%)

China
784 (29.62%)

Canada
111 (4.19%)

Germany
87 (3.29%)

France
86 (3.25%)

Norway
71 (2.68%)

United Kingdom
70 (2.64%)

Sweden
44 (1.66%)

Italy
40 (1.51%)

Australia
36 (1.36%)

Source: supercharge.info.

Tesla manufacturing facilities

Tesla has 6 manufacturing facilities spanning 3 countries: the United States, China and Germany.

4 of Tesla’s plants are already in operation. As well as the original Fremont Factory in California, there are active production lines at the Gigafactory Nevada, Gigafactory New York and Gigafactory Shanghai.

As of March 2021, the remaining 2 facilities (Gigafactory Berlin and Gigafactory Texas) are under construction.

Across its Fremont and Shanghai locations, Tesla has an installed annual production capacity of 1.05 million vehicles.

Source: Tesla.

Tesla worldwide sales

Tesla sold 499,535 vehicles in 2020, making it the most popular EV manufacturer. Tesla outsold Volkswagen, its closest competitor, by 126.83%.

10 car manufacturers sold at least 100,000 plug-in electric vehicles in 2020:

Car manufacturer
Sales

Tesla
499,535

Volkswagen
220,220

BYD
179,211

SGMW
170,825

BMW
163,521

Mercedes
145,865

Renault
124,451

Volvo
112,993

Audi
108,367

SAIC
101,385

Source: CleanTechnica.

Tesla sales in China

The Tesla Model 3 was the most sold plug-in vehicle in China in 2020. A total of 139,925 Model 3s were sold throughout the year, 17.33% more than the nearest competing model (the Wuling HongGuang Mini EV).

Here’s a ranking of the top 10 most popular plug-in vehicles in China in 2020:

Plug-in vehicle model
Sales

Tesla Model 3
139,925

Wuling HongGuang Mini EV
119,255

Baojun E-Series
47,704

Great Wall Ora R1 / Black Cat
46,774

GAC Aion S
45,626

BYD Qin Pro EV
41,621

Chery eQ
38,214

Li Xiang One EREV
33,186

BYD Han EV
29,073

NIO ES6
27,961

However, based on monthly sales data for January 2021, the Tesla Model 3 is no longer the most sold electric vehicle in China. A low-cost alternative, the Wuling HongGuang Mini EV, recorded 36,762 sales in a single month. That’s 2.65x more than the Tesla Model 3.

Here’s a ranking of the top 10 most sold plug-in vehicles in China in January 2021:

Plug-in vehicle model
Sales

Wuling HongGuang Mini EV
36,762

Tesla Model 3
13,843

BYD Han EV
9,298

GAC Aion S
6,092

Great Wall Ora Black Cat
6,090

Chery eQ
5,772

Li Xiang One EREV
5,379

SAIC Roewe Clever EV
5,172

BSAIC Roewe eRX5 PHEV
3,779

Xpeng P7
3,710

Source: CleanTechnica.

Tesla sales in Europe

The Tesla Model 3 was the 2nd most sold plug-in vehicle in Europe in 2020. 87,642 vehicles were sold across the continent. That’s 12.02% less than the most popular EV model in Europe, the Renault Zoe.

Here’s a ranking of the top 10 most sold plug-in electric vehicles in Europe in 2020:

Plug-in vehicle model
Sales

Renault Zoe
99,613

Tesla Model 3
87,642

Volkswagen ID.3
56,937

Hyundai Kona EV
48,537

Audi e-Tron
35,463

Volkswagen e-Golf
33,659

Nissan Leaf
31,791

Peugeot 208 EV
31,554

Kia Niro EV
30,690

Mercedes A250e
29,436

Source: CleanTechnica.

How many people work at Tesla?

Worldwide, 70,757 full-time employees work at Tesla and its subsidiaries. Tesla’s employee count has grown by 47.36% since 2019, in which time the company has added 22,741 new employees.

Here’s a table showing the Tesla employee count since 2010:

Year
Employees

2010
899

2011
1,417

2012
2,964

2013
5,859

2014
10,161

2015
13,058

2016
17,782

2017
37,543

2018
48,817

2019
48,016

2020
70,757

The average compensation at Tesla in the US is an estimated $153,755. Tesla employees working in the US on an H1-B visa receive a median base salary of $127,750.

Sources: Tesla, Comparably, H1B Salary Database.

Conclusion

That’s it for my list of Tesla statistics.

Hopefully, the facts and figures I’ve included here have helped shed some light on Tesla’s growth story. It will be interesting to see if the company can continue on its upward trajectory.

Now I want to hear from you:

Do you think Tesla can maintain and grow its dominant position in the EV market? And how will the company fare compare to the traditional automobile industry giants?

I’d also be happy to answer any questions you may have about the data you’ve read here. And I always love suggestions about how to make these roundups even better.

Don’t hesitate to let me know in the comments section below.

The post Tesla Revenue and Production Statistics for 2021 appeared first on Backlinko.

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