Tesla Production Numbers By Year

Tesla ProductionModel S/XModel 3/YQ1 202214,218291,189Q2 202216,411242,169Q3 202219,935345,988Q4 202220,613419,088FourWeekMBA Intelligence Read Next: Tesla Business Model Related to Tesla Is Tesla Profitable? Tesla was profitable in 2022, and it generated $12.55 billion in net profits. Tesla has been profitable since 2020. Indeed, Tesla generated $862 million in net profits in 2020. And it further generated $5.6 billion in net profits in 2021. How Does Tesla Make Money? In 2022, Tesla generated $81.46 billion in revenues. Tesla's business model primarily relies on automotive sales, $71.46 billion (almost 88% of the total revenues); services/others followed with over $6 billion; energy generation and storage generated over $3 billion in revenues. Tesla Revenue Per Employee According to a FourWeekMBA analysis, in 2022, Tesla's revenues per employee were $637,144, growing from $542,079 in 2021. Tesla Profit Margin Telsa's profit margins moved from negative 3.15% in 2019 to over 15% in 2022. As Tesla scaled up manufacturing and improved its economies of scale (with new facilities) and scope, the company became extremely profitable by 2022. Tesla Profit Margin Per Car Tesla's profit margin per car in 2022 was $9580, compared to over $6000 in 2021 and over $1700 in 2020. As Tesla was working toward mass manufacturing in 2020, the company's profitability per car has increased slightly. Tesla Production Tesla Production vs. Delivery Who Is Elon Musk Elon Musk, seen as one of the most visionary tech entrepreneurs from the Silicon Valley scene, started his "career" as an entrepreneur at an early age. After selling his first startup, Zip2, in 1999, he made $22 million, which he used to found X.com, which would later become PayPal, and sell for over a billion to eBay (Musk made $180 million from the deal). He founded other companies like Tesla (he didn't start it but became a major investor in the early years) and SpaceX. Tesla started as an electric sports car niche player, eventually turned into a mass manufacturing electric car maker. Who Owns Tesla Elon Musk, an early investor and CEO of Tesla, is the major shareholder with 21.7% of the stocks. Other major shareholders comprise investment firms like Baillie Gifford & Co. (7.7%), FMR LLC (5.3%), Capital Ventures International (5.2%), T. Rowe Price Associates (5.2%), and Capital World Investors (5%). Another major individual shareholder is Larry Ellison (co-founder and CEO of Oracle), with a 1.7% stake. History of Tesla Founded in 2003 by Eberhard and Tarpenning, eventually, the initial co-founders left the company, and by 2004, Musk first became the main investor. After that, by 2008, he took over as CEO of the company. Tesla would go through many near-death experiences until 2018. And yet, by 2021, Tesla will become a trillion-dollar company. Tesla Business Model Tesla is vertically integrated. Therefore, the company runs and operates the Tesla's plants where cars are manufactured and the Gigafactory, which produces the battery packs and stationary storage systems for its electric vehicles, which are sold via direct channels like the Tesla online store and the Tesla physical stores. Tesla Competitors As an electric automaker and builder of sports cars and now trucks, Tesla's competitors comprise companies like Ford, Mercedes-Benz, Porsche, Lamborghini, Audi, Rivian Lucid Motors, Toyota, and more. At the same time, Tesla is an electric energy production and storage company (SolarCity); it competes with Sunrun, SunPower, and Vivint Solar. And as an autonomous driving company, it competes with companies like Zoox, Waymo, and Baidu with self-driving software. Real-Time Insurance A real-time insurance business model enables Tesla to build its insurance arm by dynamically adjusting the premiums based on real-time driving behavior. Reduced insurance premiums hooked with the leasing arm enable Tesla to scale its demand side of the business. Read Also: Tesla Business Model, Elon Musk Companies, Who Owns Tesla, Transitional Business Models, Tesla Competitors. Read Also: Who Is Elon Musk? The Elon Musk’s Story, How Does Elon Musk Make Money, Elon Musk Companies, Bill Gates Companies, Jeff Bezos Companies, Warren Buffett Companies. How did Tesla use a transitional business model to thrive? https://www.youtube.com/watch?vp0TOPw_rPxk&t1s Read next: Tesla Business Model, Tesla SWOT Analysis. Main Free Guides: Business Models Business Strategy Business Development Digital Business Models Distribution Channels Marketing Strategy Platform Business Models Revenue Models Tech Business Models

Tesla Production Numbers By Year

Related to Tesla

Related

More Resources

About The Author

Gennaro Cuofano

Tesla Production	Model S/X	Model 3/Y
Q1 2022	14,218	291,189
Q2 2022	16,411	242,169
Q3 2022	19,935	345,988
Q4 2022	20,613	419,088