When you think of Elon Musk, you probably imagine a somewhat awkward but brilliant innovator who likes sending rockets to Mars and smoking weed in Joe Rogan’s podcast. And as for his company, Tesla, Inc., you probably picture electric vehicles that aren’t just eco-friendly, but are also highly desirable and in some respects vastly superior to conventional cars.
Read this article to learn some captivating statistics and to update your knowledge on Musk and Tesla. It’ll help you understand the future of the car industry and how groundbreaking and brilliant Tesla’s current models are.
The Most Astounding Tesla Statistics (Editor’s Pick)
- Tesla’s revenue in 2018 was $21.46 billion.
- Tesla’s Model S was the first electric vehicle to get the Car of the Year Award by Motor Trend in 2013.
- The net worth of Elon Musk, Tesla’s CEO, was $27 billion as of December 2019.
- In the last four months of 2018, Tesla’s US market share was about 2%.
- It costs $13.66 on average to fully charge a Tesla Model X at home
1. Tesla’s US market share in the last four months of 2018 was about 2%.
That means that every 50th new vehicle sold in the US was a Tesla. That’s a steep increase from just 0.3% in January of the same year. (Source: Statista)
2. 75% of all electric vehicles sold in the US in 2019’s first quarter were Teslas.
The Model 3 is a hot ticket: it represents 60% of the total sales of electric cars in the US, while the more expensive Model S and Model X hold 8% and 7% respectively. Overall, Tesla’s share in the electric car market increased by 8% from the first quarter of 2018 to the same period in 2019. (Source: Cleantechnica)
3. Tesla saw revenue of $21.461 billion in 2018.
That’s an 82.51% increase from 2017. The company’s revenue rise shows no signs of slowing down in 2019—it was $4.541 billion just for the first quarter, ending March 31. This is a 33.23% growth when compared to the same period in 2018. Latest Tesla data also shows that the company had a profit of $143 million in the third quarter of 2019 alone; we have yet to see the Tesla’s performance in the entire year of 2019. (Source: Macrotrends and Ars Technica)
4. The overall Tesla net worth was estimated to be $78 billion in December 2019.
Tesla’s stocks have been publicly traded since 2010. It’s total net worth was represented by its current stock price multiplied to the number of shares outstanding. To be exact, Tesla’s net worth was $77.57 billion as of December 27th. (Source: Macrotrends)
5. Elon Musk’s net worth was $27 billion as of December 2019.
Musk was a prodigy destined for success from the get-go. He taught himself programming when he was nine and sold his first product—code for a space-themed video game called Blastar—when he was 12 for $500. His biggest financial success before Tesla happened when eBay bought PayPal in 2002. Musk received $165 million for his shares. (Sources: Forbes)
Tesla Sales Statistics
6. The Tesla sales figures by year show the company delivered 97,000 vehicles globally in the third quarter of 2019.
79,600 of those cars were Model 3s. The number of Tesla vehicles sold worldwide has soared ever since the company released its Model 3 back in 2017.
7. The Tesla Model 3 is the most sold model of electric vehicle in the US.
The company shipped a total of 140,000 vehicles in 2018. Most importantly, Tesla’s Model 3 beat similarly priced fossil fuel alternatives from BMW, Mercedes and Audi.
8. Tesla’s models are not among the top 5 most sold electric vehicles in Europe or China.
For Tesla, its global sales aren’t nearly as impressive as its domestic ones. The most sold electric car in Europe in 2018 was the Nissan Leaf, while in China it was the BAIC EC-Series.
9. Tesla’s Model 3 was the most sold electric vehicle worldwide in 2018 (including the US).
However, the Nissan Leaf holds the record as the most sold electric vehicle ever. Nissan recently announced that the company has sold over 400,000 Nissan Leaf EVs worldwide since it was introduced in 2010. Nonetheless, Tesla’s Model S will soon surpass it at this rate. For Tesla, the total sales of this model were over 146,000 in 2018.
Thrilling High-Tech Tesla Facts & Stats
10. Tesla’s Model S is the first electric vehicle to get the Car of the Year Award by Motor Trend in 2013.
Motor Trend praised the Model S in all aspects. It noted that it drives like a sports car, it’s as comfortable and smooth as a Rolls-Royce, and it’s more efficient than a Toyota Prius. Plus, no car manufacturer can match Tesla’s software. (Source: MotorTrend)
11. The Model S has the largest touchscreen ever seen on a production vehicle.
The actual size is 17 inches, considerably bigger than your average laptop. The design is distraction-free since there are multiple buttons on the left side of the steering wheel. Additionally, the dashboard functions as a digital screen and displays the most relevant data. (Source: Forbes)
12. Tesla’s Autopilot uses four different kinds of sensors.
First, there’s a forward-looking radar, which sees 160 meters ahead and isn’t hindered by fog, sand, or snow. Then, there’s a total of eight cameras, all designed to read signs and monitor the rear and sides. There’s also an ultrasonic sonar that works 360 degrees around and detects objects in an 8-meter radius. Finally, every Tesla car uses GPS to track its position on the road. (Source: TechRepublic)
13. Tesla Motors lets other companies use some of its patents.
Tesla has a bunch of patents, but it’s letting other companies use them for free. The motivation behind this is to grow the electric car market, which will ultimately lead to substantially less pollution. (Source: The Driven)
14. Tesla’s Model X car dances to “Wizards in Winter” by the Trans-Siberian Orchestra.
This is one of the quirkiest Tesla car facts. This software update was released as a Christmas special. Once you activate it, the car will use its headlights and falcon doors to dance in the rhythm of the music. (Source: TeslaRati)
15. Tesla guarantees that the Model 3’s battery will retain 70% of its capacity after the first 120,000 miles.
However, there’s no such guarantee for the more expensive Model S or Model X. Nonetheless, according to the data collected by the Dutch-Belgium Tesla owners group, Tesla’s batteries keep over 90% of their capacity after the first 160,000 miles. (Source: Engadget)
16. Only wiper blades and tires need regular replacement on a Tesla.
There are no spark plugs, oil, fans, or air filters in an electric vehicle. Additionally, Teslas almost always slow down by reversing the electric engine instead of using brakes with friction discs. (Source: MentalFloss)
17. Tesla’s vehicles, like the majority of electric cars, have only one gear.
This is one of the most interesting Tesla fun facts to impress your car-loving friends with. The main reason for this design is that electric motors can rev to a much higher rate than conventional fossil fuel engines. The standard torque limits of a diesel engine are around 6,000 rpm, while electric cars can quickly achieve 20,000 rpm. Electric motors are also far more efficient at operating at a high rev rate. (Source: DrivingElectric)
18. Tesla’s motor is miniature compared to internal combustion engines.
Like all electric engines, those on Tesla’s models are significantly smaller than the fossil fuel equivalents that can generate a similar amount of horsepower. This allows for more space for trunks and passengers. (Source: Mashable)
19. Tesla’s Gigafactory 1 will be the largest building by footprint in the world when completed.
In fact, it will be so big, it should be able to house 93 Boeing 737s. The project is a joint effort with Tesla’s primary battery supplier, Panasonic. It’s expected that more than 60% of the world’s lithium-ion batteries will be made there. (Source: TheVerge)
Tesla Owner Demographics and Stats
20. The owner of a Tesla Model 3 is, on average, 46 years old.
That’s eight years more than the average age of a US citizen, which is 38. The average age of the owners of the more expensive Model X and Model S is even higher. It’s 52 years and 54 years respectively.
21. Tesla’s buyers are 135% more likely to be a fan of Disney movies and cartoons.
This has to be among the weirdest facts about Tesla owners. Perhaps it can be explained by the high likelihood of them being a parent. Or, simply, by Disney classics being so good.
22. Californians share a notably high interest in the Tesla Model 3.
Apparently, Californians make up 28% of the US population looking to buy the brand new Model 3. Texans follow them at 7%. This doesn’t come as a surprise since Tesla Motors is a Silicon Valley company.
23. The median household income of a Tesla Model S owner is $153,313 per year.
That’s a far cry from the average US income, which was $63,179 annually in 2018. The average annual salary of a Tesla Model X owner is somewhat lower, at $143,177 per year.
Tesla Accident Statistics
24. Tesla’s Autopilot registers fewer accidents than human drivers.
According to the company’s data, in Q1 of 2019, Tesla vehicles registered one accident every 2.87 million miles when Autopilot was engaged. When Autopilot was off, the number was one accident for every 1.76 million miles. That’s still far safer than conventional vehicles, which register one accident every 436,000 miles, according to the NHTSA’s most recent data. (Source: SlashGear)
25. Autopilot is still far from being fully autonomous.
One of the biggest misconceptions among most Tesla car facts is that some people think its Autopilot can operate without a human watching over. Currently its Autopilot is classified as “Level 2,” meaning it’s a very advanced driver assistant. Tesla’s driving software needs to reach Level 5 to be fully autonomous. (Source: TechCrunch)
26. Tesla’s Model 3 is one of the safest vehicles around.
It got a perfect five out of five stars in every single category in the National Highway Traffic Safety Administration’s tests. (Source: Electrek)
27. So far, four different drivers have died in an accident that involved Tesla’s Autopilot.
The most recent happened on March 1, 2019, in Delray Beach, Florida. A Tesla Model 3 crashed with a truck entering the highway. The Autopilot system was turned on 10 seconds before the crash, but it failed to register the driver’s hands 8 seconds before the accident. (Source: Digg)
28. Tesla Motors and the National Highway Traffic Safety Administration (NHTSA) don’t always agree.
NHTSA gave high grades to the Model 3. However, when Tesla’s representatives claimed it “has the lowest risk of occupant injury of any vehicle in US government tests,” the NHTSA simply replied that this conclusion goes beyond the scope of their tests. (Source: Reuters)
Tesla Motors Fun Facts
29. Elon Musk wasn’t Tesla’s founder.
Martin Eberhard and Marc Tarpenning are the pair of investors and engineers who founded Tesla Motors. Elon Musk joined soon after.
30. The first hundred Tesla cars were all made within one month in 2008.
Tesla’s beginnings are truly fascinating. The first one hundred Tesla Roadsters were all made within March/April 2008. The cost was around $100,000 back then. That’s more than double the price of today’s far more advanced Model 3.
31. Elon musk actually prefers Thomas Edison over Nikola Tesla.
The two original founders named Tesla Motors after the internet’s favorite inventor, Nikola Tesla. However, Elon Musk said in a 2008 interview that he fancies Edison more, although he sees them both as role models. According to Elon, “Edison brought his stuff to market and made those inventions accessible to the world,” while Tesla “didn’t really do that.”
32. Some car insurance companies, like Farmers and Travelers, offer discounts for insuring Tesla’s cars.
This applies to all electric and hybrid vehicles, but it’s still useful to reap all the benefits of driving an eco-friendly car. However, some other companies, such as AAA, increased the price of Tesla insurance since statistics indicate Tesla drivers file claims more often.
33. Tesla’s Model S P100D was the fastest accelerating production car in the world.
This model broke the 0–60 acceleration record in Motor Trend’s 2017 test by reaching 60 mph in 2.276 seconds. This was partly due to its newest software update, which enabled the Ludicrous+ mode.
34. It costs $13.66 on average to fully charge a Tesla Model X at home.
Comparatively, you’ll need to spend $76.74 on average to fully fill your gas tank.
35. You can get $4,500 back if you buy a brand new Tesla in California.
If your annual income is below a certain very generous threshold, you can qualify for up to $4,500 if you bought a new battery-powered vehicle in California. Standard rebate starts at $2,000.
(Source: Clean Vehicle Rebate Project)
36. Tesla’s Gigafactory is aligned to true North.
This makes programming the GPS for remote-controlled vehicles and installing solar panels much easier. The goal is to make the Gigafactory fully self-powered, primarily by solar panels, but also by wind and local geothermal sources.
After doing our research and collecting various Tesla statistics, we can’t help but feel that fossil fuel cars are virtually obsolete. We find the analogy with the vinyl records most fitting. Like vinyl, vehicles with internal combustion engines have that mechanical, almost tactile, appeal. The roar of the engine, the feedback you get when changing gears, and the smell of gasoline can’t be replaced.
However, electric cars, much like streaming services like Spotify, deliver a comparable performance in a far more convenient and planet-friendly manner. And for their advanced features, they can’t be matched by the more traditional alternatives. That’s why we believe that Tesla, and similar vehicles, will become the mainstream cars of the future, while gasoline and diesel automobiles will be a niche category for die-hard car enthusiasts.
People Also Ask:
What’s the Tesla market share in the electric vehicle market?
It depends on the exact time period, but in the US, Tesla currently holds about 80% of the EV market share.
How many Tesla cars have been sold?
From the company’s inception until the end of 2018, Tesla has sold 532,000 electric cars globally. By the end of Q2 2019 that number rose to approximately 720,000.
Which country has the most Tesla cars?
The United States has the highest number of Tesla vehicles, followed by China and Norway.
How many cars did Tesla produce in 2018?
According to the most recent Tesla statistics, the company produced 245,162 vehicles in 2018.