In the fourth quarter of 2024, Tesla Motors recorded a net profit of 2.3 billion U.S. dollars. The company is based in Palo Alto in Silicon Valley. Tesla Motors develops and builds electric cars and electric drive components.
According to a survey of 2022, 26 percent of respondents aged between 60 and 69 years in Australia were Tesla owners. The source disclosed that the popularity of Tesla among the respondents aged between 30 and 39 years was comparatively less due to the avaliable range of models in Australia.
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Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Tesla Inc.’s most recent quarterly vehicle production volume came to nearly 459,500 units. Tesla's production level in the fourth quarter of 2024 decreased by some 2.2 percent quarter-on-quarter and by approximately 7.2 percent year-on-year. Growth amid crisis It was anticipated that the coronavirus outbreak in China would affect the productivity of Tesla's Shanghai factory. However, Tesla's output reached almost 185,000 vehicles in the first two quarters of 2020. As the virus began to spread to the American continent, work at the U.S. factory in Fremont, California was stopped. The plant's reopening in May was met with criticism but contributed to the over 82,000 units that were produced in the second quarter of 2020. Tesla witnessed production growth in all subsequent quarters. The company's output level reached a new record in the fourth quarter of 2024. Leading the electric vehicle market Tesla produced over 1.77 million vehicles in 2024, a 3.9 percent decrease on the company's stellar 2023, which had been driven to a large extent by Model 3 and Model Y production and sales figures. The Tesla Model 3 was the world’s best-selling plug-in electric vehicle in 2020 and 2021. In 2024, it faced tough competition from other Tesla models, including the Model Y and the refreshed Model S Plaid, and came third in the best-seller ranking.
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Demographic and CMR data.
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Tesla reports declining sales globally, with significant drops in Australia, Europe, and China. Factors include aging models, increased competition, and political controversies impacting Tesla's market position.
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Tesla's sales in China are declining as domestic rivals like Xpeng and BYD increase their market share. Learn how local competition is impacting Tesla's strategy in the lucrative Chinese EV market.
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A digital record of all Tesla fires - including cars and other products, e.g. Tesla MegaPacks - that are corroborated by news articles or confirmed primary sources. Latest version hosted at https://www.tesla-fire.com.
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United States Electric Vehicle Sales: Year to Date: Tesla: Tesla Cybertruck data was reported at 38,965.000 Unit in Dec 2024. This records an increase from the previous number of 28,250.000 Unit for Sep 2024. United States Electric Vehicle Sales: Year to Date: Tesla: Tesla Cybertruck data is updated quarterly, averaging 19,904.000 Unit from Mar 2024 (Median) to Dec 2024, with 4 observations. The data reached an all-time high of 38,965.000 Unit in Dec 2024 and a record low of 2,803.000 Unit in Mar 2024. United States Electric Vehicle Sales: Year to Date: Tesla: Tesla Cybertruck data remains active status in CEIC and is reported by Cox Automotive. The data is categorized under Global Database’s United States – Table US.RA008: Electric Vehicle Sales: by Brand and Model: ytd.
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Cathie Wood sees significant growth potential for Tesla, despite recent stock declines and market challenges, emphasizing future initiatives like robotaxis.
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Tesla Deaths is a record of Tesla accidents that involved a driver, occupant, cyclist, motorcyclist, or pedestrian death. We record information about Tesla fatalities that have been reported and as much related crash data as possible such as location of crash, names of deceased. This dataset also tallies claimed and confirmed Tesla autopilot crashes, that is instances when Autopilot was activated during a Tesla crash that resulted in death.Latest version of dataset at Tesla Deaths.{"references": ["Nataprawira, Jason, et al. "PEDESTRIAN DETECTION IN DIFFERENT LIGHTING CONDITIONS USING DEEP NEURAL NETWORKS."", "Gelperin, David. "Simplistic Models Considered Harmful.""]}Regularly updated at tesladeaths.com; version hosted on Zenodo will be updated periodically.
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The U.S. State Department revises its armored EV procurement plan, omitting Tesla. Amid market shifts, the automotive trade landscape grows increasingly dynamic.
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Tesla's sales in China drop significantly as local competitor BYD experiences a surge, highlighting changes in the Chinese electric vehicle market.
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Tesla has issued a recall for over 376,000 Model 3 and Model Y vehicles in the US to address potential power steering issues, offering a free software update.
Tesla's workforce experienced a significant shift in 2024, with employee numbers decreasing to approximately 125,700 by year-end. This decline followed a period of substantial growth, reflecting the dynamic nature of the electric vehicle industry. The reduction in workforce came amid announced layoffs, marking a notable change for the company that had previously seen consistent expansion in its employee base. Research and development fueling innovation Despite the workforce reduction, Tesla maintained its commitment to innovation. The company invested over 4.5 billion U.S. dollars in research and development in 2024, solidifying its position as the leading electric vehicle manufacturer in the United States. This substantial investment has contributed to Tesla's global success, with the company selling around 1.8 million vehicles in 2024. The focus on research and development has also helped Tesla's models remain in the top five electric vehicle models with the longest driving range. Market position and industry impact Tesla's influence extends beyond its immediate operations. As of March 2024, the company's market capitalization stood at 560 billion U.S. dollar. While this represents a 14.6 percent decrease from the previous year, Tesla still significantly outpaces some of its competitors in market value. The company's impact on the automotive sector is further evidenced by its expanding model range, including the introduction of the Cybertruck in late 2023.
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This dataset shows the Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) that are currently registered through Washington State Department of Licensing (DOL).
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Tesla raises alarms about the potential harm of US trade policies, citing increased costs, export challenges, and supply chain limitations.
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Tesla recalls over 46,000 Cybertrucks in the U.S. due to safety concerns with an exterior panel detachment issue.
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Tesla's refreshed Model Y sees a surge in orders in China, with over 200,000 units ordered following a sales downturn, highlighting a positive trend for the US automaker.
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Tesla's stock surge following a lackluster earnings report confounds analysts. Examine the factors influencing this unexpected market movement despite financial underperformance.
In the fourth quarter of 2024, Tesla Motors recorded a net profit of 2.3 billion U.S. dollars. The company is based in Palo Alto in Silicon Valley. Tesla Motors develops and builds electric cars and electric drive components.