Revenue generated by Tesla increased to around 96.8 billion U.S. dollars in the 2023 fiscal year, with the United States spearheading demand. The U.S. generated about 45.2 billion U.S. dollars in revenue for Tesla, just over 46.7 percent of the overall total. This compares to revenue of approximately 21.75 billion U.S. dollars from sales in China, the second-largest revenue generator.
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 its 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 2023.
Tesla's revenue in the United States, China, and other markets from FY 2018 to FY 2023
(in millions U.S. dollars)
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Tesla. (January 26, 2024). Tesla's revenue in the United States, China, and other markets from FY 2018 to FY 2023 (in millions U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/314759/revenue-of-tesla-by-region/
Tesla. "Tesla's revenue in the United States, China, and other markets from FY 2018 to FY 2023 (in millions U.S. dollars)." Chart. January 26, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/314759/revenue-of-tesla-by-region/
Tesla. (2024). Tesla's revenue in the United States, China, and other markets from FY 2018 to FY 2023 (in millions U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/314759/revenue-of-tesla-by-region/
Tesla. "Tesla's Revenue in The United States, China, and Other Markets from Fy 2018 to Fy 2023 (in Millions U.S. Dollars)." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/statistics/314759/revenue-of-tesla-by-region/
Tesla, Tesla's revenue in the United States, China, and other markets from FY 2018 to FY 2023 (in millions U.S. dollars) Statista, https://www.statista.com/statistics/314759/revenue-of-tesla-by-region/ (last visited December 22, 2024)
Tesla's revenue in the United States, China, and other markets from FY 2018 to FY 2023 (in millions U.S. dollars) [Graph], Tesla, January 26, 2024. [Online]. Available: https://www.statista.com/statistics/314759/revenue-of-tesla-by-region/
