The chart above displays the net revenue of Tesla Motors from its largest market, which is also its domestic market – the United States. Over the previous three years, the company has experienced revenue growth at a significant pace. In 2022, the company generated total $81.5 billion, of which $40.5 billion came from the United States and $18.15 billion from China. In 2021, the company had generated around $24 billion from the United States. Tesla experienced around 69% growth in its net revenue from the US market in 2022 compared to the prior year.
Revenue of Tesla Motors from the United States 2012-2022
Amounts are in millions.
Year | US Revenue (Millions) |
2022 | $40,553 |
2021 | $23,973 |
2020. | $15,207 |
2019. | $12,653 |
2018. | $14,872 |
2017. | $6,221.4 |
2016. | $4,200.7 |
2015. | $1957.4 |
2014 | $1,471.6 |
2013 | $1479.2 |
2012 | $344.9 |
2021: The United States is the largest individual market of Tesla followed by China. It generated $23,973 million from the United States market in 2021 compared to $15,207 million in 2020. Its revenue from the Chinese market also grew more than double compared to 2020. The company experienced a growth of 71% in its total net revenues in 2021 compared to the previous year.
2020: Tesla Motors net revenues from the United States market reached $15,207 million in 2020 compared to $12,653 million in 2019.
2019: Tesla Motors revenue from the United States market declined in 2019 compared to the previous year. Its net revenue from the US came down to $12.7 billion in 2019 from $14.9 billion in 2018.
2018: Tesla Motors revenue from the United States market more than doubled in 2018 compared to 2017. Its revenue from the US increased to $14.9 billion in 2018 from $6.2 billion in 2017. Automobile sales of Tesla Motors grew sharply in 2018 and have continued to climb in 2019.
About Tesla:
Tesla is a renowned global brand of electric vehicles. It was founded in the year 2003. The company is headquartered in Palo Alto, California, United States. Apart from automobiles, Tesla also sells energy generation and storage systems. The automobile product range of Tesla includes Model 3, Model Y, Model S, Model X, Cybertruck, Tesla Semi and a new Tesla Roadster. The company is led by its CEO Elon Musk. In 2019, Tesla delivered around 367,500 vehicles.
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