Tesla vehicles sales worldwide
Due to its incredible market value, people have already begun dubbing Tesla, GM and Ford the "New Big Three". As of 2017, the American automotive company Tesla was amongst the top 10 most valuable car brands worldwide, valued at 4.4 billion U.S. dollars. The reason why the automaker made it into the ranking was in large part due to its top selling Model S. The model beat out decades of brand building and production capacity of other giant automakers. The number of Tesla vehicles delivered worldwide peaked at 29,980 units in the first quarter of 2018, making the Model S and its siblings a successful product.
In its 2017 fiscal year, Tesla generated 8.5 billion U.S. dollars in revenue from car sales, while the remaining 17.9 percent of revenue came from services, leasing and others. Thanks to the widespread popularity of their vehicles, Tesla’s overall revenue that year reached an all-time high; revenue was up 68 percent from the previous year. Despite the automaker’s consolidated revenue, Tesla Motor’s net loss in 2017 increased to more than 1.9 billion U.S. dollars. This can be seen as a sign of the company's increased investments into innovative new models and production ramp-up.