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Tesla, Inc. is a leading company that produces highly desirable and eco-friendly technology, most notably electric luxury cars.
Though Tesla is most known for the high-end futuristic vehicle, the company also produces different solar energy systems that are eco-friendly and becoming more economical by the year.
On top of Tesla’s products, Elon Musk is a notable character that has been getting a lot of social media and media attention. Whether he is sending rockets to Mars or naming his child a rather odd name, Musk and Tesla are two household names that are not going away anytime soon.
So, what are the most common Tesla Statistics to consider today? In the list below you can find some of the key Statistics about Tesla Company:
- Tesla was founded on July 1, 2003
- Martin Eberhard is the founder of Tesla
- Elon Musk joined in later
- The first 100 cars made by Tesla were made during a one-month period in 2008
- Nearly 500,000 units delivered in 2020
- The Californian population is 21% more interested in the Model 3 than Texans
- Tesla acquired SolarCity for $2.8 billion in stock
- Tesla only has 212 showrooms worldwide
If you want to know more about Tesla or Musk in general, you have come to the right place. In this article, we are going to look at key statistics and facts about Tesla and Musk. Without further ado, let’s get started.
Table of Contents
Market Share Stats
1. 75% of the 2019 first quarter electric vehicles sold in the US were Tesla vehicles.
Tesla dominates the electric vehicle market. 75% of all of the electric vehicles sold within the United States were Tesla during the first quarter of 2019.
The Model 3 is especially noteworthy. It attributed to 60% of all-electric car sales in the United States. to put that in comparison, the Model S represents 8% and the Model X represents 7%.
Because of the vast interest in the Model 3, the Tesla share within the electric car industry increased by nearly 8% from 2018’s first quarter to 2019’s first quarter.
2. Tesla’s US market share was 2% in the last four months of 2018.
Tesla’s US market share was 2% in the last four months of 2018. For those who are not knowledgeable on market shares, this means that one out of every 50 new vehicles sold within the United States was a Tesla.
To put that in perspective, that is a 1.7% increase from January of 2018.
3. The United States is the most important market for Tesla.
Even though Tesla is a global entity, the United States is the number one market for Tesla. This means that most Tesla owners are United States citizens or those living in the United States.
In comparison, Tesla is not the most sold electric vehicle throughout China or Europe.
4. Tesla received a revenue of $31.5 billion in 2020.
In 2020, Tesla received a revenue of $31.5 billion. This is a shockingly impressive stat, especially considering how many industries suffered throughout the pandemic. Not to mention, it is about a $10.039 billion increase from their 2018 revenue.
5. Tesla’s revenue increased 82.51% from 2017 to 2018.
Even though 2020 was a good year for Tesla, their most impressive revenue increase happened between the years of 2017 and 2018.
From 2017 alone, the company saw a revenue increase of 82.51%. This is a fantastically high number, leading to Tesla seeing its highest revenue numbers from 2018 onwards.
6. Tesla’s revenue increased 28% from 2019 to 2020.
Even though the largest revenue increase happened between 2017 and 2018, there was a large revenue increase between 2019 and 2020 as well.
Tesla’s revenue increased a total of 28% during this time, which is really impressive given the global pandemic that was occurring.
7. Tesla’s revenues increased by 33.3% from the first quarter of 2018 to the first quarter of 2019.
From 2018 to 2019, Tesla’s revenue increased by 33.3%. This is an incredibly impressive revenue that shows 2018 was not the only successful year for Tesla. Instead, it was just the beginning of a major increase in their market.
8. Tesla’s leading segment in terms of gross margin is automotive sales and leasing.
Tesla’s leading segment in terms of gross margin is automotive sales and leasing. This is not surprising since most people know Tesla for their automobiles.
9. Tesla Motor stocks have been the most shorted stock.
On NASDAQ, Tesla Motors (TSLA) has been the most shorted stock, though not everyone is sold on their inventiveness.
10. Elon Musk is worth $178.2 billion as of 2021.
In 2021, Elon Musk has a net worth of $178.2 billion, making him the richest man in the world.
Sales Stats
11. Tesla delivered 185,000 units during the first three months of 2021.
Between January and March of 2021, Tesla has so far delivered 185,000 units, and that number is growing.
This makes the first quarter of 2021 most likely to be one of the most profitable in Tesla’s books. In fact, deliveries increased by 2% during this period.
12. Tesla delivers doubled during the first three months of 2021 in comparison to the same period in 2020.
To compare the first quarter of 2021 to the first quarter of 2020, Tesla deliveries doubled. Most likely, it doubled since we are coming out of the pandemic, whereas the first quarter of last year was going into the pandemic.
13. The biggest jump in Tesla sales began in quarter three of 2018 and has steadily increased since then.
Because Tesla is such a known brand, you might assume that it has been a powerhouse for many years. Although Tesla has been making a lot of money since its beginnings, the biggest jump in sales did not occur until the third quarter of 2018.
Shockingly, the Tesla revenue nearly doubled from 2017 to 2018. Since then, the revenues have been increasing steadily.
14. The Model 3 became the best-selling electric vehicle worldwide in 2020.
In 2020, Tesla’s vehicle delivery number reached nearly 500,000 units. Because of these sales numbers, the Model 3 has since become the world’s best plug-in electric vehicle.
It alone attributed to 365,000 of the worldwide unit sales last year.
15. The Model 3 experienced 140,000 sales in 2018 alone.
Even though 2020 has been the most popular year for the Model 3, it has been Tesla’s leading car for many years. For example, Tesla sold 140,000 units in 2018. This made it the most sold electric unit in Europe of that year.
16. The Model S and Model X experience about the same popularity.
Whereas the Model 3 has been the most sold electric car not just made by Tesla, but in the world, the Model S and Model X have not been as popular.
In fact, Model 3 has sold around 100,000 more units than the other two. The Model S and the Model X have sold about the same amount of units.
17. The Model S experienced 50,000 sales in 2018.
The Model S is the second most popular vehicle in Tesla’s lineup. In 2018, 50,000 units of the Model S were sold.
18. The Model Z experienced 49,000 sales in 2018.
The Model Z is the least popular of Tesla’s vehicles, but just by a little bit. In 2018, Tesla sold 49,000 Model Z units 2018. That is just 1000 units short of the Model S.
19. Tesla is now the fastest growing brand in the world.
As recent as 2021, Tesla Inc. is the fastest growing brand in the world. It has a brand value growth rate of around 157.6%.
Just for perspective, the second fastest-growing brand in the world is Alibaba, which has a growth rate of 108%. Apple is the third fastest-growing brand with a growth rate of about 87%.
Owner Demographics
20. The average Tesla Model 3 owner is 46 years old, which is younger than the other average Tesla vehicle owners.
Because Tesla vehicles are more expensive than the average car, the average Tesla Model 3 owner is about 46 years old. For comparison, the average Model X owner is about 52 years old, whereas the Model S is about 54 years old.
21. The median Tesla Model S household income is $153,313 a year, which is higher than the Model X owning household median income.
In addition to age, the median income is an important demographic looked at nearly any vehicle owner. On average, the median household income of Tesla Model X owners is about $153,313 a year.
The Model X median household income is slightly lower. Those households make about $141,177 a year.
In either case, Tesla owners have a much higher median household than the population as a whole. The average US income for homes is about $63,179.
22. The Californian population is 21% more interested in the Model 3 than Texans, who are the second most interested group.
Californians and Texans are most interested in buying the Model 3 Tesla. Of US citizens looking to buy a new Model 3, Californians attribute to 28% of that interest, making California the number one state to be interested in Tesla. Texas comes in second, with 7% interest.
23. Tesla owners are more likely to like Disney movies and shows by nearly 135%.
This is an interesting fact about Tesla owners, but they are 135% more likely to like Disney movies, shows, and cartoons than the average.
Accident Stats
24. Tesla’s Autopilot results in fewer accidents than humans.
A couple of years ago, Tesla’s Autopilot was critiqued for causing accidents. Even though it is not a foolproof method, it does result in fewer accidents than humans.
With Tesla’s Autopilot, there is only one accident for every 2.87 million miles. To put that in perspective, the company reported one accident for every 1.76 miles whenever Autopilot was turned off.
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25. Tesla reports fewer accidents than conventional vehicles even when Autopilot is off.
Regardless of whether Autopilot is turned on or off, Tesla still reports fewer accidents than other vehicles. As we learned above, there is about one accident every 1.76 million miles whenever Autopilot is turned off in a Tesla vehicle.
For conventional vehicles, there is an accident every 436,000 miles.
26. Tesla Model 3 received five out of five stars in the National Highway Traffic Safety Administration’s tests.
Because of how safe Tesla Model 3 is, it received five out of five stars by the National Highway Traffic Safety Administration. This is a huge accomplishment that shows it as being one of the safest vehicles available.
27. As of 2019, only 4 drivers have died in a vehicle accident that involved Tesla’s Autopilot.
As of 2019, only four drivers involved in a vehicle accident with Tesla’s Autopilot turned on have died. Although it is unfortunate for these four drivers, this is a much lower statistic than conventional vehicles and human-driven vehicles.
28. Tesla’s Autopilot software is 3 levels short of being fully autonomous.
Even though Tesla’s Autopilot software is really impressive, it is not fully autonomous yet. Autonomy is measured in levels.
In order for the software to be autonomous, it needs to be level 5. Currently, the software is only level 2, which means that it is an advanced driver assistant but not autonomous.
High-Tech Stats
29. Tesla’s Model S was the first electric vehicle to win the Car of the Year Award, awarded by Motor Trend in 2013.
Something that’s very unique about Tesla is that the Model S, although it was not as popular to the general public, is the first electric vehicle to ever be awarded car of the year by Motor Trend. This happened in 2013.
When they receive the award, Motor Trend had nothing but positives to say about the vehicle. They noted that it drives like an expensive sports car, all while being comfortable and smooth. Plus, it is highly efficient and includes superior software.
30. The Model S features the largest touchscreen in a production vehicle.
One feature that many people have enjoyed of the Model S is the touch screen. To date, it is the largest touchscreen in a production vehicle. It is 17 inches, making it bigger than the average laptop. Even the dashboard functions like a digital screen.
31. Tesla Motors allows other companies to use patents.
Something you might not know about Tesla is that they own a lot of patents. Despite owning these patents, they are very generous in allowing other companies to use them. Tesla does not just let the companies use them, though.
Tesla lets them use the patents for free. They do this because they want to grow the electric car industry throughout the world.
32. Tesla’s Autopilot features use four total sensors.
Tesla’s Autopilot feature is one of the most advanced in cars. Because of this fact, it comes with four total sensors. It allows the car to see far ahead while also tracking the car’s position on the road.
33. Model S remembers where you’ve driven in the past.
The Model S remembers where you have been and adjusts the suspension accordingly.
34. Tesla’s Model X dances to the Trans-Siberian Orchestra’s “Wizards in the Winter.”
As a Christmas special, Tesla released an update where the Model X will appear to be dancing to the Trans-Siberian Orchestra’s “Wizards in the Winter.” The car will flash its headlights and Falcon doors to the rhythm of the song.
35. The Model 3 battery comes with a guarantee that it will retain 70% capacity after its first 120,000 miles.
The Model 3 is the only Tesla vehicle to come with this guarantee, but it seems almost unnecessary. From data collected, it seems that the Tesla batteries retain over 90% capacity up to the first 160,000 miles.
36. Tesla vehicles only come in one gear.
If you are new to electric vehicles, one thing you should know is that almost all-electric vehicles only come in one gear.
The reason for this is that the electric motors rev at higher rates than other engines. Because of this fact, Tesla vehicles also only come in one gear.
37. The Tesla motor is much smaller than internal combustion engines.
Something else to know about electric vehicles as a whole is that their motors are much smaller than internal combustion engines.
The same is true for Tesla’s motor. This allows the car to have much more interior space for you and your items.
38. Only the Tesla wiper blades and tires need regular tuning or replacement.
Unlike traditional cars, the Tesla wiper blades and tires are the only parts that need regular tuning or replacement. There are no spark plugs, fans, oil, or air filters in electric vehicles.
Energy Storage and Solar Energy Systems Facts
39. Tesla sells solar energy systems.
Many people are shocked to find out that Tesla sells more than just vehicles. They also sell solar energy systems, such as Tesla solar panels, which are solar panels that cover an entire roof, offering a more eco-friendly roofing alternative.
40. Tesla produced the highest number of charging outlets.
In 2018, Tesla put out the highest number of charging outlets in comparison to SAE Combo and CHAdeMO.
They put out around 2792 units, whereas CHAdeMO put out 2006 units. SAE Combo came in the last place by producing 1438 units.
41. Tesla produced the lowest number of electric stations.
Whereas Tesla puts out the highest number of charging outlets, they produced the lowest number of electric stations. They only produced 390 units. In comparison, SAE Combo produced 1186 units and CHAdeMO produced 1651 units.
42. Tesla’s total revenues from energy generation and storage is $1.99 billion.
Even though the vast majority of Tesla’s revenue comes from vehicles, they make $1.99 billion from energy generation and storage.
43. Tesla acquired power generation and storage from SolarCity.
Tesla became a leader in the energy generation and storage game after acquiring the power generation and storage giant SolarCity.
44. Tesla acquired SolarCity for $2.8 billion in stock.
In order for Tesla to acquire SolarCity, they had to pay $2.8 billion in stock first.
45. Tesla has seen an increase in energy generation and storage revenue of over 200% since it acquired SolarCity.
It seems that the high price tag was worth it, though. Since the acquisition, Tesla has done a lot more than SolarCity in terms of revenue.
Since acquiring SolarCity, they have seen an increase in energy generation and storage revenue of over 200%.
46. Early Tesla Solar Panel roofs caught on fire.
Even though Tesla solar panels are safe and usable today, there was a batch in 2018 that had faulty wiring, causing the panels to catch on fire. Most notably, there were some homes in Colorado that found out about this issue too late.
47. “Project Titan” was Tesla’s secret program to fix faulty wiring on their early solar roofs.
In order to fix the faulty wiring that was causing the fires, Tesla had a secret program called “Project Titan” that fixed the faulty wiring in a hush-hush way.
48. Walmart sued Tesla.
Certain
The Gigafactory Fun Facts
49. Once completed, Gigafactory 1 will have the biggest building by footprint.
Whenever Gigafactory 1 is completed, it will be the largest building by footprint on the globe. It will be so large that it will have enough space to house 93 Boeing 737s.
50. There are two Gigafactories.
There are two different Gigafactories. Gigafactory 1 is located around Reno, Nevada, whereas Gigafactory 2 is located around Buffalo, New York.
51. The Gigafactory is aligned with the true North.
Interestingly, Gigafactory is actually aligned to the true North. This makes it much easier to program the GPS and solar panels.
52. The Gigafactory can produce 500,000 a year.
Being highly effective, the Gigafactory can produce about 500,000 electric cars a year.
53. The Gigafactory employs 6,500 people.
Being the second-largest building in the world, it employs 6,500 people.
54. The Gigafactory recycles entire trains.
Because of its size, the factory recycles entire trains in order to make lithium-ion batteries. Wow!
55. The goal of the Gigafactory is for it to be entirely self-powered.
Although this goal has not been reached yet, the goal of the Gigafactory is for it to be fully self-powered. They aim to use solar panels, wind sources, and local geothermal sources to power the building.
History and Fun Facts
Here are some other general history and fun facts to know!
56. Tesla was founded on July 1, 2003.
57. Elon Musk is not Tesla’s founder. Martin Eberhard is, and Musk joined in later.
58. Martin Eberhard came up with the brand name while in Disneyland as a date with his wife.
59. The first 100 cars made by Tesla were made during a one-month period in 2008.
60. The cost of the first Tesla vehicles was double what the Model 3 costs today.
61. Musk prefers Edison to Tesla.
Even though the brand is named after Nikola Tesla, Elon Musk says that he likes Thomas Edison more. He explains that even though Tesla and Edison are both role models, Edison brought his inventions to the market so that it was more accessible to the world as a whole.
62. You can get a discount for driving Tesla vehicles from certain car insurance companies.
63. AAA has higher rates for Tesla drivers.
AAA charges higher for Tesla drivers because they’re more likely on average to call AAA services.
64. Tesla’s Model S P100D reaches 60 mph in 2.278 seconds, making it the fastest in the world.
65. You can save $63.08 on average per charging with a Tesla.
This fun fact needs a little bit of explaining. On average, it cost $13.66 to fully charge a Model X at home. In comparison, it costs an average of $76.74 to fill up an entire tank of gas. Because of this fact, it will save you around $63.08 every time you need to charge up your car.
66. You can qualify for $4,500 back when buying a new Tesla in California.
67. Tesla only has 212 showrooms worldwide.
To put that in perspective, Ford has around 4000 dealerships around the world.
68. Elon Musk taught himself programming when he was just nine years old.
69. Elon Musk made $165 million in shares before Tesla.
Before joining in on Tesla, Elon Musk received $165 million for shares whenever eBay bought PayPal back in 2002.
Recent News
70. Model Y achieved a 5-star rating.
71. Newest numbers show Tesla’s solar home costs less than the average of all other solar system options.
72. Tesla offers a solar price match guarantee to keep going solar affordable.
73. Tesla aims to bring more all-electric vehicles to the market.
74. Tesla plans to extend into different industries like batteries, power electronics, and more.
75. Elon Musk and Grimes named their child X Æ A-12.
76. Musk has six children total.
Final Thoughts
After reading all these statistics, it seems that Tesla is going to become a more accessible vehicle for people of different tax brackets.
As a result, it appears that electric cars as a whole will become more and more popular as the years go on.
We hope this prediction is true because it will help the planet as a whole. Obviously, it will lead to fewer fossil fuels, but it will also lead to fewer car accidents and car deaths.
This makes electric vehicles, and Tesla, in particular, the vehicle of the future.
We hope that this roundup of key Tesla statistics and facts has been interesting and informative.
References
https://www.businessinsider.com/tesla-solar-panel-fires-become-nightmare-some-homeowners-2019-10
https://www.tesla.com/support/energy/solar-panels/learn/solar-price-match-guarantee
https://market.us/statistics/automotive-companies/tesla-inc/
https://www.statista.com/statistics/502208/tesla-quarterly-vehicle-deliveries/
https://carsurance.net/blog/tesla-statistics/
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