Number of Tesla employees IPO and FY 2018

The number of people employed full-time by Tesla came to 48,817 at the end of 2018. The size of the global market for electric vehicles is expected to reach 567 billion U.S. dollars in revenue in 2025.

Meeting the demands of the EV industry

The steady increase in the number of employees is in line with escalating production, as Tesla works to provide an affordable electric vehicle, the Model 3, for the broader market. To reach these goals, in 2016 Tesla opened a lithium-ion battery and electric vehicle factory called Gigafactory 1 located near Reno, Nevada, followed by Gigafactory 2 in 2017 near Buffalo, New York. This is around the time that the number of Tesla employees sharply increased.

A growing presence in the auto industry

In order to get a foothold in the Chinese auto market, Shanghai-based Gigafactory 3 began construction in 2018. Sales in electric vehicles in Chinese customers are projected to purchase almost five million electric vehicles in 2025.

Number of Tesla employees from July 2010 to December 2018

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Source

Release date

February 2019

Region

Worldwide

Survey time period

July 2010 to December 31, 2018

Supplementary notes

* This value is taken from the Tesla Motors Company Overview Summer 2011 presentation, published by Tesla in July 2011.
The figures for 2010 through 2017 are taken from previous annual reports.
Tesla went public in July 2010; all other figures are for the fiscal years ending December 31.
Employees are full-time employees.

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