After the bumpy start with the initial Tesla Roadster (debuting in 2008), Tesla managed to become the world’s largest electric vehicle (EV) manufacturer — as per the latest Tesla statistics — and reached previously unimagined heights.
Yet, how did Elon Musk, Tesla Motors’ CEO, and his team of experts manage to turn a “barely-running science experiment” into a multi-billion dollar company?
In the article below, we’ll share the latest insight concerning this world-renowned EV manufacturer, including data on various car models (Model X, S, etc.), such as price, battery life, market share, and more.
Like what you hear? Then fasten your seatbelt and enjoy the ride!
Top 10 Fascinating Tesla Statistics You Need to Know
- Tesla’s market cap currently amounts to $1.037 trillion.
- Tesla cars can last 250–402 miles on a single charge.
- The company totaled 99,290 employees in 2021.
- In Q1 2021, Tesla registered only one accident for every 4.19 million miles driven with the Autopilot engaged.
- Model Y is the safest SUV ever tested by NHTSA.
- In 2021, Tesla was the best-selling electric car producer in the world.
- Tesla’s cars made 74.49% of all EV sales in the US in Q1 of 2021.
- The global EV market will reach a mind-blowing $803 billion by 2027.
- The Model X SUV is the most expensive Tesla model with a base price of $91,190.
- Tesla’s revenue skyrocketed to $53.8 billion in 2021.
General Tesla Stats and Facts
What makes Tesla cars unique, and what’s the company’s market share?
1. When was Tesla founded? In 2003, the early years of the new millennia.
Namely, in 2003, a team of engineers set out to prove that electric cars could, in fact, be better than gasoline cars — hence, Tesla was born.
What’s more, today, the company goes beyond electric cars and manufactures storage and clean energy generation products.
2. In August 2020, Tesla’s market capitalization reached $270 billion.
It reached $278 billion by the end of the month, to be exact, making Tesla the most profitable carmaker in the world.
Thanks to this, Elon Musk — the man who owns Tesla — became a centibillionaire with a net worth of $282 billion (as of April, 2022). Not bad for a company that was once a part of the 31 million startups in the US.
3. The “T” on the nose of the car represents an EV motor cross-section.
After a Twitter follower inquiry on the meaning behind Tesla’s logo, Elon Musk explained that the Tesla logo stands for one of the poles of the motor’s rotor, which is similar to the letter “T.” Likewise, the line on top of the “T” represents a stator section.
4. In 2020, Tesla held 18% of the global market share in EV car sales.
For comparison, the largest automaker in the world — Volkswagen — held an EV market share of merely 6%, which was just a third of the overall Tesla global market share in 2020.
5. In the first half of 2020, Tesla held 81.66% of the EV market share in the US.
81.66% of all-electric vehicles that were sold in the US belonged to Tesla. In a word, out of 87,398 sold electric cars, 71,375 were Tesla cars. When it comes to car models, Tesla Model 3 was the leader with 38,314 sold units.
6. In 2021, Tesla Model 3 had 128,600 sold units.
(Car and Driver)
Last year, Tesla managed to outsold some of the most popular EV’s such as Ford Mustang Mach-E, Volkswagen ID.4, and Nissan Leaf.
It seems that Model 3’s minimalist design, large touchscreen, and highly affordable price for a luxurious car (starting at $38,690), made it a popular choice amongst drivers.
In fact, the Model 3 managed to outsold itself from 2020 by over 90,000 units.
7. Tesla market share 2020 statistics show the company held 13% of the European market.
In 2019 Tesla held 31% of the battery-electric-vehicle market in Europe by selling 109,000 cars. However, in 2020, the company fell behind its competitors Volkswagen Group VOW, Nissan, and Mitsubishi, by selling 11,000 vehicles less (98,000) and taking a mere 13% of the market.
8. Tesla’s first model, the Roadster, was a complete disaster.
(Road and Track)
The first-ever Tesla model targeted eco-conscious American consumers interested in high-end cars. However, like Jeremy Clarkson, the British Top Gear TV show host, said: “It is a barely running science experiment.”
9. In April 2021, Tesla market share (global) dropped to 11%.
(Business Insider) (Business Insider)
The market share of the famous company dropped not only in the US but also in Europe and China. Although Tesla still holds first place in the US as the leading electric car company, its US market share fell to 55% in April (from 72% in March 2021).
The main reason behind the drop was raised prices of four Tesla vehicles (Model S, Model 3 Long-Range and Standard, and Model Y) and the emerging competition (Ford and General Motors).
10. Tesla cars can last 250–402 miles on a single charge.
How long does a Tesla battery last? The battery in all Tesla cars can last for a minimum of 250 miles. However, the battery’s duration will also depend on the car’s model.
For example, Model 3 Long Range can last for 322 miles on a single charge. Model X Long Range Plus lasts 351 miles, whereas Model S Long Range Plus lasts the longest — 402 miles.
The duration will also depend on the battery’s size (Model 3 has the smallest battery, while Model S Long Range has the largest battery).
11. Tesla statistics report that the company surpassed the one-millionth produced vehicle mark on March 10, 2020.
The one-millionth manufactured car of the famous automaker was a Model Y. In other words, Tesla was the first company in the world that managed to sell 1 million electric vehicles. For comparison, in the same year, Nissan managed to sell only 500,000 electric cars.
12. How many employees does Tesla have? The company totaled 99,290 employees in 2021.
(Statista) (Market Watch) (Payscale)
In 2021, Tesla employed over 28,500 new workers, reaching 99,290 full-time employees. In other words, the company boosted its workforce by a whopping 40.3%!
The average salary for Tesla employees ranges between $66,299 and $144,244 a year. Staff software engineers make the most money, with an annual salary of $147,275, while data analysts make the least, an average of $69,305 per year.
13. According to data on Tesla demographics, 79% of the workforce are men.
In 2020, men employees made 83% of leadership, 79% of the workforce, 77% of promotions, and 75% of new hires. Next, women represented 25% of new hires, 23% of promotions, 21% of the workforce, and 17% of leadership.
Regarding race, White employees made 34% of the workforce, followed by Hispanic and Latino (22%), Asian (21%), Black and African American (10%). Pacific Islanders, Native Americans, Native Hawaiian, and Alaska Natives made 7% of the workforce.
14. The new Tesla Roadster will be one of the fastest-accelerating cars, reaching 60 miles per hour in a record-breaking 1.9 seconds.
Not only that, but the latest Tesla facts also show that the new Roadster will have an incredible 620-mile range and will be able to reach top speeds of over 250 miles per hour.
15. In Q1 2021, Tesla registered only one accident for every 4.19 million miles driven with the Autopilot engaged.
Moreover, there was one recorded accident for every 2.05 million miles driven with the active safety features engaged (without using the Autopilot), and one accident for every 978 thousand miles driven without the Autopilot and active safety features.
Hence, according to these stats, Tesla vehicles are among the safest on the planet. In fact, Tesla crash figures are even more impressive when coupled with NHTSA’s latest data — on average, a car crash occurs every 484,000 miles driven in the US alone.
16. Model Y is the safest SUV ever tested by NHTSA.
Model Y has a lower center of gravity due to its battery packs, which means the vehicle has excellent cornering capabilities and reduced rollover risk.
On top of that, NHTSA awarded Model Y with a five-star safety rating. This EV scored the highest points in rollover testing, with a risk of a mere 7.9%.
Tesla Sales Statistics: Revenue & Company Worth
How many vehicles does Tesla sell, which car is the most expensive, and what’s the company’s current stock price?
17. In 2021, Tesla was the best-selling electric car producer in the world.
In 2021, Tesla managed to sell almost 936,200 units:
- 911,208 Model 3 and Model Y cars and
- 24,964 luxury S and X model vehicles (the luxury models).
Volkswagen Group and BYD followed suit with 452,900 and 593,743 sold units. Though the figures are smaller, Volkswagen actually doubled their previous sales.
18. In comparison, in 2020, Tesla produced 509,737 units and delivered 499,550 cars to customers.
That translates to a 87% increase in car sales in 2021.
Globally, Model 3 and Model Y were the most famous types of cars, which accounted for 442,511 deliveries in 2020. In contrast, Models S and X accounted for 57,039 deliveries.
19. Tesla sales by country from 2019 show Model 3 dominated European EV sales.
With 95,247 models sold from January to December, Tesla dominated the EV market on the Old Continent.
Likewise, Model 3 performed incredibly well in the Netherlands (29,922 sales), followed by Hyundai Kona EV (5,526).
20. In 2020, Tesla Model 3 was the second most sold EV in Europe.
Data on Tesla sales by country shows the company ranked second in Europe regarding most popular EV models, while Renault Zoe took first place.
In 2020, Renault Zoe sold 99,613 units. However, Tesla was close behind with 87,642 sold vehicles (12.02% less).
21. Tesla Model S was the most sold EV in China in 2020.
According to Tesla sales by country 2020 statistics, the company sold 139,925 Model 3s in China, 17.33% more than the second manufacturer on the list, Wuling HongGuang Mini EV, which had 119,255 sales.
However, the situation changed in January 2021, when the Wuling HongGuang Mini EV surpassed Tesla in monthly sales (36,762 vs. 13,843) and reclaimed first place.
22. Tesla’s cars made 74.49% of all EV sales in the US in Q1 of 2021.
While Tesla’s Model 3 was the most popular electric vehicle outside the US, Model Y was the most sold EV among Americans.
In short, in Q1 of 2021, Americans spent their money on 48,354 Tesla Model Y vehicles and 26,983 Tesla Model 3 cars.
23. The 2022 Tesla Roadster price will start at $200,000.
In addition, there will also be a Founders Series model — with a base price of $250,000 — that you can reserve for another $50,000 if you have enough money in your wallet.
24. The global EV market will reach a mind-blowing $803 billion by 2027.
In other words, the market is expected to have a CAGR growth of over 20% between 2019 and 2027. Norway currently has the largest share of EVs (75%), while China has the largest market for electric cars.
25. Model 3 is the least expensive Tesla model with a base price of just $41,190 and a $1,200 destination fee.
What is the cheapest Tesla, you may be asking? Well, the Model 3 Standard Range Plus, of course! You don’t need huge funds to buy this model that comes with an evaluated driving range of 263 miles.
The price of the Long Range model (353-mile range) is slightly higher, starting at $50,190. In contrast, the fast-accelerating Performance model (322-mile range) costs $58,190.
26. How much does a Tesla cost? The Long Range Model S will set you back $81,190.
The cost of a Tesla depends mainly on the car variant.
For instance, the above-mentioned price tag is purely for the base version, whereas you’ll need to spend $119,690–$131,190 from your credit card for the tri-motor Plaid variant (or check if they accept debit cards for car purchase too).
Still, you get additional benefits for that price, such as the top speed of 200 mph and a 0–60 mph acceleration under 2 seconds.
27. The Model X SUV is the most expensive Tesla model with a base price of $91,190.
So, how much is a Tesla when you want the crème de la crème? Well, Tesla Model X Long Range features a 360-mile range for “just” $91,190.
If you opt for the Model X Plaid, note that the max range will drop to around 340 miles, and the price will shoot up to $121,190.
If this doesn’t bring you to bankruptcy, for an added $6,500, you can get a six-seat configuration or a seven-seat configuration ($3,500).
28. Tesla statistics for 2021 suggest the company’s revenue skyrocketed to $53.8 billion.
In the US alone, the company’s overall revenue was around $24 billion. The second-largest revenue-generating region for the brand was China, with almost $13.8 billion made in revenue.
29. Tesla’s market cap currently amounts to $1.037 trillion.
(Companies Market Cap)
Tesla entered the trillion club for the first time in October 2021. However, since then, its market cap witnessed a decrease, dropping to $822 billion in February 2022 just to go back up to $1 trillion in April.
For comparison, Tesla’s worth is close to the worth of two Metas (Facebooks). Namely, Meta has a market cap of $602.9 billion. On top of that, Tesla stock predictions and market forecasts estimate that its market cap could reach $4 trillion by 2030.
30. Tesla has five times more market valuation than Toyota.
(MarketWatch) (MarketWatch) (MacroTrends)
Tesla shares have risen in both 2020 and 2021, greatly contributing to the title of the world’s leading car manufacturer.
For the sake of comparison, the electric-car brand currently has a market valuation nearing $692 billion, whereas Toyota is trailing behind with “just” $177 billion.
Tesla Tech Stats & Other Figures
How long does the vehicle’s battery hold, how long does the car charge, and how much does charging cost?
31. Charging a Tesla to 100% takes 6–15 hours if you use a wall connector.
How long does it take to charge a Tesla? It depends.
If you use Superchargers (480-volt vehicle charging stations), you’ll be able to recharge the battery to 80% within 40 minutes.
On the other hand, home chargers will take much more of your time. If you use the NEMA 5-15 charger, you’ll add 3 miles of range per hour of charging. However, charging the battery with this charger might take 4–8 days.
NEMA 14–50 chargers take 9–22 hours of charging, while wall connectors will charge the vehicle’s battery within 6–15 hours.
32. Fully charging a Tesla Model S Long Range variant costs $3.70 per 100 miles (or $0.037 per mile).
Exactly how much does it cost to charge a Tesla? Well, since you don’t spend your money on gas, the cost will be based on electricity expenses. In other words, you’ll pay $0.13 per kWh for an 85% charging efficiency or $15.29 for a full charge.
Charging your vehicle can even be cheaper by 35% if you use a home solar power system.
33. A Tesla battery comes with an 8-year warranty.
(Car Cash Buyer)
Nevertheless, it can last for longer, and the degradation won’t happen at once. According to the latest Tesla statistics, the average Tesla car battery can reach about 500,000 miles before giving out.
As such, Tesla’s lithium-ion batteries should be replaced somewhere in the 300,000- and 500,000-mile benchmark. The cost of a battery for a new Model 3 ranges between $3,000 and $7,000.
34. The TeslaFi app offers insight into battery degradation, charging, driving efficiency, and more.
(Car And Driver)
Developed by a third party, the TeslaFi app provides detailed insight, much to the delight of Tesla enthusiasts around the world.
Namely, the dedicated Tesla statistics app — which boasts features like real-time location, cabin temperature, and speed — is nowhere near as detailed as this third-party app.
35. Tesla’s primary target market is the upper-middle class ($80,000+ household income).
The company’s target market comprised customers in the 30–60 age range. Specifically, eco-conscious users with high household incomes that want affordable luxury with excellent safety value.
What percentage of the market does Tesla have?
In terms of global EV sales, as of 2021, Tesla has a solid 14% market share. There is a considerable lead over other automotive giants, such as Volkswagen Group and General Motors.
When it comes to the US, Tesla has a 72% of the EV market share.
How many Tesla’s have been sold in total?
By the end of 2021, Tesla sold more than 2.3 million electric vehicles.
How many cars did Tesla sell in 2021 alone? Tesla delivered a record number of EVs — 936,222 (a 87.4% year-over-year growth). On that note, the company is believed to have 4 million Tesla cars on the roads by the end of 2022.
In addition, the one-millionth car was a Model Y. Meaning, Elon Musk’s company is the first EV manufacturer to reach the millionth sales mark. Nissan — the Japanese giant — reached only half a million.
How many cars did Tesla sell in 2019?
In 2019, Tesla sold 367,500 cars. This was a record for the company since Tesla managed to sell more vehicles that year than in 2017 and 2018 combined.
After a turbulent period and drops in sales and deliveries, Tesla finished the year successfully, with a new record- a stock price of over $400 per share.
The company owns its quick recovery to Model 3, which made 92,550 deliveries in Q4 of 2019, i.e., 112,000 deliveries overall.
How many Tesla crashes have been associated with fatal outcomes?
The total number of deaths linked to Tesla EVs amounts to 237 (since 2013), while there are twelve deaths associated with Tesla’s Autopilot so far.
How many Teslas have burned?
According to the 2012–2020 data, there’s been one Tesla vehicle fire for every 205 million miles. For comparison, in the US, there is a vehicle fire for every 19 million miles on average.
Moreover, the mentioned data is based on all types of car fires, from fires caused by structure and arson to other things unrelated to the vehicle.
Tesla’s up-shooting trajectory is nothing short of a miracle.
Becoming an industry leader in the world of automobiles in any given segment is a huge achievement. Yet, Tesla pulled this off and left its competition in the dust (even though some of them have over a century of industry experience).
Truly, these Tesla statistics speak for themselves and show a promising future for this car manufacturer, which will most likely play a vital role in the transformation of the automotive industry and the transition from fossil fuels to clean energy.
- Business Insider
- Business Insider
- Business Insider
- Car And Driver
- Car and Driver
- Car Cash Buyer
- Companies Market Cap
- Market Watch
- Market Watch
- Motor Biscuit
- Motor Trend
- Road and Track
- Solar Reviews
- Solar Reviews
- Solar Reviews
- Tesla Deaths
- The Verge