Tesla's revenue by region 2017-2019

Revenue generated by Tesla increased to almost 24.6 billion U.S. dollars in the 2019 fiscal year, with the United States spearheading demand. The U.S. generated about 12.65 billion U.S. dollars in revenue for Tesla, just over 50 percent of the overall total. This compares to revenue of a little under three billion U.S. dollars from sales in China, the second largest revenue generator.

Tesla’s industry rankings

In recent years, General Motors and Toyota held the highest percentage of market share among vehicle manufacturers in the United States. Despite holding just a small percentage of the market, Tesla excels within the electric vehicle segment. Tesla’s Model 3 sold the largest number of electric vehicle units in 2019.

Tesla company overview

Tesla is an electric vehicle company that was founded in 2003 in the United States. The company also manages some energy generation and storage services for their consumers. Tesla’s electric vehicles are produced in Fremont, California in the United States. A large proportion of Tesla’s revenue streams is derived from automotive sales (excluding leasing). Tesla also invests in research and development: Tesla’s R&D expenses peaked in 2018.

Tesla's revenue from FY 2017 to FY 2019, by region

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Release date

February 2020



Survey time period

FY 2017 to FY 2019

Supplementary notes

The figures have been rounded.

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