Tesla Statistics: Market Share, Revenue, & Sales

If you’re interested in learning more about Musk and Tesla, then check out the latest Tesla statistics we’ve compiled for you.

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.

This article will help you understand the car industry’s future and how groundbreaking and brilliant Tesla’s current models are.

5 Tesla Market Share Statistics

1. About 78% of all electric vehicles sold in the US in 2019 were Teslas.

(CleanTechnica)

The Model 3 was the ninth best-selling car in the US, with over 150,000 sales. It represented 65% of the total sales of electric vehicles in the US. Moreover, that model represented 81% of US electric vehicle sales in December. 

2. The Tesla global market share in the first seven months of 2021 was about 13.9%.

(Seeking Alpha)

In comparison, in the same period of 2020, Tesla’s global market share was relatively higher. In fact, it was 17.7%. Looking at this data, we can conclude that the market share fell approximately 21% in 2021.

3. Tesla saw revenue of $31.5 billion in 2020, as per Tesla growth statistics.

(Statista)

That was the brand’s most successful year since the company also set records in market valuation in 2020, reaching $442 billion in September. However, the brand’s market capitalization had increased even more by March 2021, amounting to $641 billion.

4. Tesla’s market cap is more than $900 billion.

(CNBC, Finance Yahoo) 

The company reached a trillion US dollars in valuation for the first time in October 2021, becoming the sixth company ever to get to this number, confirming the Tesla growth rate. Moreover, in November, the stock set a record of $1,229.91. 

5. Elon Musk’s net worth was $18.1 billion as of May 2019.

(CleanTechnica, Business Insider, StartupTalky)

Musk was a prodigy destined for success from the get-go. When he was nine, he taught himself programming 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.

Tesla Global Sales

6. The automaker company delivered about 63,000 vehicles globally in the first quarter of 2019.

(The Verge)

Somewhere around 50,900 of those cars were Model 3s. In other words, that’s a decline of 31% compared to the same period of the year before. In addition, the company admitted that production surpassed deliveries by more than 20%, as per Tesla sales figures by year. 

7. The average price of Tesla in Singapore is $276,146.35.

(Inside EVs)

Therefore, it represents the most expensive country to buy this vehicle. On the other hand, the cheapest place to buy a Tesla is the US, where the average price is $59,347.50. 

The most affordable country to buy a Tesla is Norway, where you would spend 104.74% of the average annual income. At the same time, India is the least affordable country to buy this car since it costs 8694.83% of the average annual income.

8. Tesla Model 3 is the most sold electric vehicle model in the world.

(Forbes)

Stats on Tesla sales 2020 reveal that the company shipped a total of 439,760 Model 3 vehicles in 2020 alone. Additionally, in 2021, Tesla Model 3 became the 16th best-selling car globally. As a matter of fact, it has sold over 800,000 units all in all. 

9. In the first three quarters of 2021, two of Tesla’s models were among China’s top 5 most sold electric vehicles.

(CNBC)

Global Tesla sales in 2021 were impressive. During the first three quarters, the most commonly sold electric car in China was the Hongguang Mini, while Tesla’s Model 3 and Y took second and third place, respectively.

In those three quarters, Tesla sold over 200,000 electric cars in China. In particular, 91,933 were Model Ys, and 111,751 were Model 3s. 

10 Thrilling High-Tech Tesla Stats & Facts

10. Tesla’s Model S is the first electric vehicle to get the Motor Trend’s Car of the Year Award.

(Business Insider)

It received the award in 2013 when Motor Trend praised the Model S in all aspects. Moreover, in 2019, Motor Trend elected Tesla’s 2013 Model S sedan as the best of all cars that have won the car-of-the-year award in the last seven decades.

11. The Model S and X have the largest infotainment screen ever seen on a production vehicle.

(Drive Tribe)

The actual size is 17 inches, considerably bigger than your average laptop. The screens control everything. On top of that, Tesla Theater allows you to watch a movie. Considering how many Teslas are on the road, many passengers can enjoy this while taking a ride. 

With a screen of only 0.1 inches smaller than Models S and X, the close second is Cadillac Escalade.

12. Since May 2021, Tesla’s models 3 and Y haven’t been equipped with the forward radar.

(Car and Driver)

That makes Tesla’s driver-assist systems depend almost entirely on the vehicle’s cameras. Tesla statistics reveal that until May of last year, Tesla’s Autopilot system relied on 12 ultrasonic sensors, a forward radar, and eight cameras. 

13. Tesla Motors lets other companies use some of its patents.

(Data-Driven Investor)

Tesla has a bunch of patents, but it’s letting other companies use them for free. In fact, the motivation behind this is to grow the electric car market, ultimately leading to substantially less pollution.

14. Tesla’s Model X car dances to “Wizards in Winter” by the Trans-Siberian Orchestra.

(NATA)

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.

15. The Model 3 and Y Standard or Standard Range Plus battery will retain 70% of its capacity after the first 100,000 miles.

(Electrek)

That’s what Tesla’s warranty for those models guarantees. As for Model 3 and Y Long Range or Performance, the battery will retain 70% of its capacity after the first 120,000 miles. 

Moreover, Tesla stats confirm that Model S and Model X offer 70% battery retention after the first 150,000 miles, except for the original 60kWh battery manufactured before 2015.

16. Only wiper blades and tires need regular replacement on a Tesla.

(CarShtuff, EVSE)

Moreover, Tesla’s tires installed at its factory last about 30,000 miles. 

There are no spark plugs, oil, fans, or air filters in an electric vehicle, which may be one reason for the high number of Tesla total sales. Additionally, Teslas almost always slow down by reversing the electric engine instead of using brakes with friction discs.

17. Tesla’s motor is miniature compared to internal combustion engines.

(Quora, NRDC)

This allows for more space for trunks and passengers. Moreover, vehicles are much more efficient if they have an electric motor than an internal combustion engine. 

This is because electric motors convert more than 85% of electrical into mechanical energy, as opposed to gas combustion engines, which convert less than 40%. 

18. Tesla’s vehicles, like the majority of electric cars, have only one gear.

(Motor Hills, Leasing Options)

This is one of the 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.

19. Tesla’s Gigafactory 1 will be the largest building by footprint in the world when completed.

(Medium)

In fact, it will be half a million square meters, equivalent to 107 football fields. This mega project aims to make home-power systems and electric vehicles more affordable by producing batteries on an unprecedented scale.

Tesla Owner Demographics and Stats

20. The owner of a Tesla Model 3 is, on average, 46 years old.

(HedgesCompany)

That’s eight years more than the average age of a US citizen, which is 38. The average age of the more expensive Model X and Model S owners is even higher. It’s 52 years and 54 years respectively.

21. Men own 84% of Model 3 vehicles. 

(HedgesCompany)

Model 3 owners are predominantly male. In fact, only 16% of these vehicles are owned by women, making Model 3 the most “male” Tesla car.

As for Model S, 77% of the vehicles belong to males, as opposed to 23% belonging to females. Moreover, stats on tesla demographics note that 71% of Model X cars belong to males, compared to 29% of the vehicles belonging to females. 

22. Californians share a notably high interest in the Tesla Model 3.

(CNET, Reuters) 

More specifically, Tesla Model 3 was the best-selling car in the first quarter of 2020 in California. Given this, it goes without saying that the state represents an excellent Tesla target market. 

In detail, up to the end of March 2020, Tesla’s Model 3 sold over 18,800 units in the Golden State. Generally speaking, Californians buy over 50% of the EVs sold in the US. 

23. The average household income of a Tesla Model S owner is $153,313 per year.

(HedgesCompany)

The annual salary of a Tesla Model 3 is somewhat lower, at $128,140 per year. That’s a far cry from the median US income, which was $67,521 annually in 2020. Furthermore, the biggest part of Tesla owners live in California; that’s the place where the income is higher than average.

Tesla Car Facts & Stats About Accidents

24. Autopilot is still far from being fully autonomous.

(Difference Between)

One of the biggest misconceptions about Tesla’s cars is that some people think its Autopilot can operate without a human watching over it. 

Currently, its Autopilot is classified as “Level 2,” meaning it’s a very advanced driver assistant. Tesla’s driving software needs to reach Level 4 to be fully autonomous.

25. Tesla’s Autopilot registers fewer accidents than human drivers, as per stats on Tesla accident rate vs. other cars.

(CNBC)

According to the company’s data, in Q1 of 2021, Tesla vehicles registered one accident every 4.19 million miles when Autopilot was engaged. When Autopilot and active safety features were off, the number was one accident for every 978,000 miles. 

That’s still far safer than conventional vehicles, which register one accident every 484,000 miles, according to the NHTSA’s most recent data.

26. As per Tesla fire statistics, for every 205 million miles traveled, there was one Tesla vehicle fire from 2012 to 2020. 

(Forbes)

In comparison, there’s a vehicle fire for every 19 million miles traveled in the US. Moreover, Tesla claims that electric vehicles are up to eleven times less likely to catch on fire, compared to other cars. 

Even though electric and hybrid cars have become more popular, data collection systems haven’t properly caught the fire frequency concerning these specific vehicles, according to the National Fire Protection Association. 

27. In the last six years, three Tesla drivers have died in an accident that involved Tesla’s Autopilot.

(NY Times)

Tesla stats uncover that one of those accidents happened in August 2019 on the California freeway. A Tesla Model 3 crashed with a Ford Explorer pickup, in which a father was driving his teenage son. 

A video showed that neither the Autopilot nor the driver slowed the vehicle until almost a second prior to the crash. The teenage boy was thrown from the vehicle and died.

Four months before this accident, Tesla had caused a pedestrian fatality, as well.

28. Tesla claims the Model 3 is one of the safest vehicles around.

(Observer)

Tesla car facts reveal that the company claimed that the model has a perfect five out of five stars in each category in the tests conducted by the National Highway Traffic Safety Administration.

However, the NHTSA later stated that it had never approved of the way Tesla had been referencing the agency regarding the model’s safety claims, like using language as “safest” or “perfect” to describe a rating.

Tesla Fun Facts

29. Elon Musk wasn’t Tesla’s founder.

(Entrepreneur’s Handbook)

Martin Eberhard and Marc Tarpenning are the pair of investors and engineers who founded Tesla Motors. Elon Musk joined soon after. It was at a meeting for Mars Society members that Eberhard and Tarpenning met Elon Musk for the first time.

30. Elon musk actually prefers Thomas Edison over Nikola Tesla.

(Tech Times)

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.”

31. Tesla statistics show that the fastest accelerating production car globally is Tesla’s Model S Performance.

(Business Insider)

This model reaches 60 mph in 2.4 seconds, outperforming every other car available today. This was partly due to its software which unlocks the maximum power output of the battery to achieve its outstanding acceleration.

32. You can get $2,500 back if you buy a brand new Tesla in California.

(CleanTechnica)

Even though a $25,000 Tesla is only a dream for some, that may not be the case for some Californians. The state offers many perks to lower Tesla prices, such as cash rebates and tax credit programs, causing a higher number of Tesla total sales.

If you belong to a low and moderate-income household in San Diego County and the San Joaquin Valley, there’s a CVRP grant allowing you a $2,500 rebate. 

33. It costs $15.29 on average to fully charge a Tesla Model X.

(Solar Reviews)

That’s assuming a person pays the national US electricity cost of 0.13 per kWh, they own a Model X with a 100 kWh battery, and there’s a charging efficiency of 85%. 

Since the 2021 Model X Long Range has a 360-mile range, the cost per mile would amount to $0.042, translating to $4.24 per one hundred miles. 

34. Tesla fun facts point out that Tesla’s Gigafactory is aligned to true North.

(Vidblow)

Given the fact mentioned above, we can conclude that programming the GPS for remote-controlled vehicles and installing solar panels is much easier. 

Generally speaking, the goal is to make the Gigafactory fully self-powered, primarily by solar panels, but also by wind and local geothermal sources.

Conclusion

After doing our research and collecting the latest Tesla statistics, we 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, much like streaming services like Spotify, electric cars deliver comparable performance in a far more convenient and planet-friendly manner. 

That’s why we believe that Tesla, and similar vehicles, will become the mainstream cars of the future. At the same time, gasoline and diesel automobiles will be a niche category for die-hard car enthusiasts.

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