Tesla's total revenue streams reached approximately **** billion U.S. dollars in 2024, with automotive sales accounting for around **** billion U.S. dollars. Tesla, which began as Tesla Motors in 2003, is the second best-selling brand of plug-in electric vehicles worldwide.
New models drive automotive sales segment growth
Tesla delivered around *** million new vehicles to customers in 2024. That year, the new Model 3 and Model Y products accounted for the largest share of shipments. Automotive sales are Tesla's strongest growth driver, accounting for about **** percent of revenue in 2024. Automotive sales revenue decreased by around ***** percent year-on-year.
No loss on vision
Tesla produced operating profit for the first time in 2020, a value which stood at nearly **** billion U.S. dollars in 2024. The implementation of large-scale assembly lines is suggested to gain momentum with a European factory: Tesla is investing in a new manufacturing plant in Berlin-Brandenburg. In addition to this, China is expected to become Tesla’s second largest market. China is currently the largest electric vehicle (EV) market and home to some of Tesla’s largest competitors.
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Tesla. (January 29, 2025). Tesla's revenue between FY 2022 and FY 2024, by segment (in millions U.S. dollars) [Graph]. In Statista. Retrieved November 04, 2025, from https://www.statista.com/statistics/314741/revenue-of-tesla-by-segment/
Tesla. "Tesla's revenue between FY 2022 and FY 2024, by segment (in millions U.S. dollars)." Chart. January 29, 2025. Statista. Accessed November 04, 2025. https://www.statista.com/statistics/314741/revenue-of-tesla-by-segment/
Tesla. (2025). Tesla's revenue between FY 2022 and FY 2024, by segment (in millions U.S. dollars). Statista. Statista Inc.. Accessed: November 04, 2025. https://www.statista.com/statistics/314741/revenue-of-tesla-by-segment/
Tesla. "Tesla's Revenue between Fy 2022 and Fy 2024, by Segment (in Millions U.S. Dollars)." Statista, Statista Inc., 29 Jan 2025, https://www.statista.com/statistics/314741/revenue-of-tesla-by-segment/
Tesla, Tesla's revenue between FY 2022 and FY 2024, by segment (in millions U.S. dollars) Statista, https://www.statista.com/statistics/314741/revenue-of-tesla-by-segment/ (last visited November 04, 2025)
Tesla's revenue between FY 2022 and FY 2024, by segment (in millions U.S. dollars) [Graph], Tesla, January 29, 2025. [Online]. Available: https://www.statista.com/statistics/314741/revenue-of-tesla-by-segment/