It took Tesla a dozen years to make one million electric vehicles.
The 10 million EV sales milestone came just six years after that.
Tesla sales rebounded in the second quarter, but the road ahead is more challenging than ever.
Tesla produced its 10 millionth electric vehicle this week at its Fremont, California factory, the company said Wednesday in a post on X. It's a milestone that took just six years to reach after the plant built its one millionth car back in 2020. It makes Tesla the first dedicated electric vehicle maker in the world to hit eight figures in production.
It’s a remarkable achievement proving that EVs can be made successfully and profitably at an enormous scale. That's something many established automakers are still working toward as they ramp up their own EV businesses. Chinese juggernaut BYD hit 10 million new energy vehicle sales back in 2024, but that figure includes both battery electric vehicles and plug-in hybrids.
