February 20, 2025 Tesla (TSLA) was founded in 2003 and named after the 19th-century inventor Nikola Tesla, famous for discovering the properties of rotating electromagnetic fields. Although Elon Musk is now inextricably linked with Tesla, he only joined the company a year after its inception. He invested $30 million into Tesla, became the chairman of its Board of Directors, and helped raise money from Google’s founders several years later. The prototype for the Tesla Roadster, the company’s first electric car, was unveiled in 2006 and entered production in 2008. Through June 2009, 500 Roadsters were sold for $98,000 apiece. In 2017, Tesla tapped into the mainstream market by launching its Model 3 vehicle, which became the world’s most popular plug-in electric car in 2020, with worldwide unit sales of roughly 501,000 in 2021. Between January and March 2022, Tesla broke its own delivery record, when its car deliveries crossed the 310,000-unit threshold. Tesla Earnings 💰💹 Tesla’s market cap peaked to $1.23T in November, 2021 Tesla’s revenue was $22.35 billion in Q1 and Q2, 2021. Tesla delivered 938,172 vehicles in 2021. The Tesla Model 3 had 501,000 unit sales worldwide in 2021. Deliveries of Tesla’s Model 3 and Model Y accounted for 97% of Tesla’s sales volume in 2021. Tesla manufactured 386,759 EVs in Q1 and Q2, 2021. Tesla sold 473,078 vehicles in China in 2021. There were 3,724 Tesla supercharger stations globally in Q1, 2022. Tesla sold more than 310,000 vehicles in Q1, 2022. Tesla’s vehicle deliveries amounted to 254,700 units in Q2, 2022. Tesla earned $16.934 billion in the quarter ending June 30, 2022. Tesla’s revenue for the 12 months ending June 30, 2022, was $67.166 billion. Tesla employs 99,920 people worldwide. Tesla Top Picks Statistics Since Inception: Tesla has sold 1,917,450 units since its beginning. Tesla has made 1,091,000 EVs since 2009. Tesla’s Model 3 was the first electric car to have more than 1 million sales. Tesla’s Model Y sold 80,000 vehicles in 2020. In 2013, Tesla’s Model S was the first EV to receive the Car of the Year Award from Motor Trend. Tesla’s Model X was named the safest SUV in the EV market in 2015. Tesla Q2 2024 Deliveries Report Copied Tesla shares jumped by more than 7% on Tuesday, July 2, after the electric vehicle giant reported its latest quarterly delivery numbers, topping consensus expectations. In the second quarter, Tesla produced approximately 410,831 vehicles and delivered approximately 443,956 vehicles, above the analyst consensus expectation of 439,302 deliveries. The quarter saw Tesla produce 386,576 Model 3/Y vehicles, delivering 422,405. Tesla shares hit a high of $226.66 on the news. “The better-than-expected Q2 deliveries are not only a breath of fresh air for Tesla’s margins but also for the EV market as a whole,” said Thomas Monteiro, senior analyst at Investing.com. “Although these numbers were naturally buoyed by strong auto demand in the US in general — GM’s sales, out just a few moments ago, are another testament to that — the fact that the biggest EV maker in the world managed to deliver 15% more cars in Q2 than in Q1 indicates that the EV play is not dead at all, as several analysts were quick to point out a few months ago. “Still, deliveries only did enough to support the ongoing rally. Although they remain far from being the main catalyst for the company at this point,” he continued. “The real story here for investors is on the technology front, with both the humanoid robot and the Robotaxi stories developing at an exciting pace. Both, particularly when combined, have the potential to become absolute game-changers for the company’s margins, leading to the type of sales Tesla shareholders expect.” What Is Tesla’s Annual Revenue? Copied Tesla earned $53.8 billion in sales revenue in 2021. This was up from $31.5 billion earned in 2020, with a 70.64% growth in sales during 2021. In 2022, Tesla remains the largest EV manufacturer in terms of revenue and market share, followed by Volkswagen. Tesla sold more than 310,000 vehicles in Q1, 2022, and its vehicle deliveries amounted to 254,700 units in Q2, 2022. Tesla’s revenue for the quarter ending June 30, 2022, was $16.934 billion, a 41.61% increase year-over-year. Tesla’s revenue for the twelve months ending June 30, 2022, was $67.166 billion, a 60.45% increase year-over-year. Tesla’s revenue for the third quarter of 2022 was $21.454 billion, while in the fourth quarter year it earned $24.32 billion, constituting an increase of 37.24% year-over-year. Its revenue for the twelve months ending December 31, 2022, was $81.462 billion, which amounts to a 51.35% growth year-over-year. In 2022, the company’s hourly revenue amounted to $8,703,704; in 2012, it made ‘only’ $13,981 per hour. Year (since 2009)