You are on page 1of 2

Tesla's manufacturing has increased dramatically during the last decade.

Tesla produced roughly


22,300 automobiles in 2013 (Tesla, 2014). However, by 2022, Tesla's yearly output had risen to
nearly 500,000 vehicles, representing a significant increase (Tesla, 2022a). This extraordinary
increase can be attributed to Tesla's development of manufacturing facilities as well as the launch
of additional models to fulfill rising demand (Chu, 2021). The company's Gigafactories,
strategically placed across multiple nations, have been critical in scaling up manufacturing
capacity (Bullis, 2021).

Tesla's sales have been on a steady growth trend for the past decade. A significant client base has
been drawn by the company's ability to develop compelling and technologically advanced
electric vehicles. Tesla sold roughly 22,450 automobiles in 2013 (Tesla, 2014). The company's
yearly sales have increased to more than 936,000 automobiles by 2022 (Tesla, 2022b). Tesla's
focus on growing its market presence globally, creating new stores and service facilities in
numerous countries, can be linked to this exceptional increase in sales (Gates, 2020).
Furthermore, the launch of more economical versions, such as the Model 3, has helped Tesla
gain market share (Musk, 2016).

Tesla's expansion has also resulted in a major increase in job possibilities. To meet increased
manufacturing demands, the corporation has been actively expanding its employees. Tesla
employs roughly 5,859 full-time employees in 2013 (Tesla, 2014). By the end of 2022, the
number of employees had risen to almost 70,000, indicating a significant increase in employment
(Tesla, 2022c). The creation of additional production facilities, including Gigafactories, and the
requirement for experienced individuals in numerous disciplines can be ascribed to Tesla's
workforce increase (Thompson, 2020). Furthermore, Tesla's emphasis on automation and
innovation necessitates the hiring of engineers and technicians skilled in cutting-edge
technologies (Stoll, 2021).

Tesla has grown dramatically in terms of production, sales, and employment during the last
decade. The company's ability to accommodate rising demand by expanding production
facilities, expanding its global market presence, and introducing more economical models has
contributed to its success. Tesla's annual output has increased from roughly 22,300 vehicles in
2013 to over 500,000 units in 2022. In 2013, the firm sold roughly 22,450 vehicles, which is
expected to increase to more than 936,000 vehicles by 2022. Furthermore, Tesla's workforce has
expanded from roughly 5,859 in 2013 to over 70,000 by the end of 2022.

References:

 Bullis, K. (2021). Tesla's Gigafactory Bet. MIT Technology Review, 124(2), 50–54.

 Chu, B. (2021). How Tesla Plans to Increase Production by 50 Percent in 2022. The New
York Times. Retrieved from https://www.nytimes.com/2021/01/27/business/energy-
environment/tesla-electric-cars-production.html
 Musk, E. (2016). Master Plan, Part Deux. Tesla. Retrieved from
https://www.tesla.com/blog/master-plan-part-deux
 Stoll, J. (2021). Tesla's Road to Robotaxi Is Full of Twists and Turns. The Wall Street
Journal. Retrieved from https://www.wsj.com/articles/teslas-road-to-robotaxi-is-full-of-
twists-and-turns-11619459401
 Tesla. (2014). Tesla Motors, Inc. 2013 Annual Report. Retrieved from
https://ir.tesla.com/static-files/2bc418e4-f196-4042-907a-440a2a9ba3d8
 Tesla. (2022a). Tesla Q4 2021 Vehicle Production & Deliveries. Retrieved from
https://ir.tesla.com/press-release/tesla-q4-2021-vehicle-production-deliveries
 Tesla. (2022b). Tesla Fourth Quarter & Full Year 2021 Update. Retrieved from
https://ir.tesla.com/press-release/tesla-fourth-quarter-full-year-2021-update
 Tesla. (2022c). Tesla Inc. 2022 Annual Shareholders Meeting. Retrieved from
https://www.tesla.com/2022shareholdermeeting
 Thompson, C. (2020). Why Tesla's Workforce Matters. Tesla Motors Club. Retrieved
from https://teslamotorsclub.com/tmc/threads/why-teslas-workforce-matters.206755/

You might also like