Here’s How Many Teslas Have Been Built So Far This Year

Tesla is often seen as somewhat of the grandfather of electrification, ever since the original Tesla Roadster hit the roads back in 2008. Since then, the company has changed a lot and a handful of new models have joined the fleet, but the company remains at the forefront of the ongoing shift in the automotive industry from gas burners to electric vehicles (EVs). As the overall EV segment continues to grow within the automotive market as a whole, and other manufacturers start to gain a bit of ground toward Tesla’s dominance, the brand still sits atop the mountain and acts as a trendsetter in the market while it continues to pump out more and more models.

According to data from the Automotive News Research & Data Center, Tesla’s 2024 production numbers showcase a mix of growth and recalibration across its models. While some models like the Model Y have surged ahead with ever-growing production figures, others reflect the challenges and opportunities of a maturing EV market. Let’s dive into the numbers and take a look at just how many EVs Tesla has produced throughout the year so far.

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Tesla and the Automotive News Research & Data Center.

Tesla Has Produced 416,982 Model Ys In 2024

This Is A 52-Percent Increase Over 2023 Production

Tesla’s production of the Model Y has soared in 2024, reaching an impressive 416,982 units so far. This marks a staggering 52 percent increase over the 273,942 units produced during the same period in 2023. The Model Y’s rising production numbers highlight its position as Tesla’s most in-demand vehicle, driven by its impressive combination of performance, range, and affordability. This year-over-year growth of Model Y production underscores Tesla’s ability to ramp up operations as needed based on what the market demands.

Let’s break it down even further and look at just the month of November. A total of 37,358 Model Ys rolled off the assembly line last month, outpacing the 33,639 produced in November 2023. These numbers show that Tesla noticed the growing demand by the end of last year and started ramping up production. This all also happened long before the drastic price cuts seen on the popular Tesla models earlier this year, demonstrating that Tesla either truly believed in the demand or the company knew they were cutting prices long before we did.

The Model Y Remains The Best Selling EV In The U.S.

The Model Y’s success isn’t limited to production, as it also continues to dominate the EV market in sales. According to Experian, the Model Y is the best-selling EV in the world, cementing its position as a leader in the industry, not just within the confines of Tesla. With its current starting price of $44,990 before any incentives, the Model Y remains one of the EVs with the best bang for your buck in terms of both value and performance.

Tesla Has Produced 248,396 Model 3s In 2024

This Represents A Nearly Six-Percent Decline Over 2023

Tesla has produced 248,396 Model 3s in 2024 so far, reflecting a nearly 6 percent decline compared to the 263,047 units built during the same period in 2023. This drop is a little more noticeable in the November production numbers, with 22,940 Model 3s produced this year compared to 25,004 in November 2023. That might not seem like a lot, but that’s more than 8 percent less than last November, an even bigger decline than the total year-over-year numbers.

However, the Model 3 remains an essential part of Tesla’s lineup. Its role as the most affordable option, priced at $42,490 ($2,500 less than the base Model Y) keeps it competitive in an increasingly crowded EV market. The lower price point ensures that the Model 3 continues to attract budget-conscious buyers looking for a reliable EV without breaking the bank.

The Model 3 Is Still One Of The Most Popular EVs In The Country

Despite the slight decline in production, the Model 3 retains its status as one of the most popular EVs in the U.S. Its affordability, combined with Tesla’s reputation for performance and technology, has made the Model 3 an entry-level EV perfect for many first-time buyers. While the Model Y has taken the spotlight as Tesla’s best-seller, the Model 3 remains one of the go-to portions on the market, and Tesla is sure to keep pumping new ones off the assembly line.

Tesla Has Produced 41,153 Model Xs In 2024

This Is Nearly Eight-Percent More Than Tesla Produced In 2023

Tesla has ramped up production of the Model X in 2024, with 41,153 units built so far, which is an increase of nearly 8 percent compared to the 38,106 produced during the same period in 2023. This growth comes as Tesla continues to refine its production capabilities for its flagship luxury SUV. Interestingly, the Model X’s November numbers have remained relatively steady year-over-year, with 3,982 units produced in 2024 and 4,055 units in November 2023. Just like with the Model Y above, this indicates that Tesla was already tracking the increased demand for the Model X and started ramping up production to meet these numbers before the end of 2023.

The Model X Remains A Top Choice As A Luxury SUV

The Tesla Model X continues to hold its ground as one of the leading luxury SUVs in the EV market, but it faces growing competition from rivals like the BMW iX, Cadillac Lyriq, and Rivian R1S. Each of these competitors brings unique features to the table, challenging the Model X’s dominance in the segment. The BMW iX offers a sleek design, top-notch infotainment, and a reputation for refined performance. Meanwhile, the Cadillac Lyriq combines luxury and relative affordability, appealing to buyers looking to dip their toes into the high-end market. The Rivian R1S, with its off-road capabilities and rugged appeal, attracts adventurers looking for an EV that can handle more than just the daily commute.

However, when it comes to sheer performance, the Model X Plaid stands in a league of its own. With a rocket-like 0 to 60 miles per hour time of just 2.5 seconds, it leaves competitors like the Rivian R1S, which takes 3.4 seconds, in the dust. This incredible acceleration, combined with its luxury design and minimalist interior that some love and some hate, solidifies the Model X Plaid as the ultimate luxury EV for drivers who demand performance without compromise.

Tesla Has Produced 27,915 Model S’ In 2024

Production Has Slowed By Nearly 25 -Percent Compared To Last Year

Tesla’s Model S production has slowed significantly in 2024, with 27,915 units built so far, marking a decline of nearly 25 percent compared to the 36,940 produced during the same period in 2023. This downward trend is not quite as evident in the year-over-year November production figures. In November 2024, Tesla produced 2,615 Model S vehicles, a slight decrease from the 2,768 units made during the same month in 2023.

This decline may reflect shifting priorities within Tesla’s production strategy, as the company focuses on newer or higher-demand models such as the Model Y and the

recently launched Cybertruck
. The drop also highlights growing competition in the luxury EV sedan segment, where the Model S no longer stands as the only ultra-fast option.

The Model S Is No Longer The Only Ultra-Fast Consumer EV

The Model S revolutionized the EV market with its unparalleled performance and luxury features, and it has been in production for over a decade, making it a mainstay in the market. However, as the EV industry has matured, the Model S now faces stiff competition from rivals offering similar levels of speed and sophistication. Vehicles like the Lucid Air and Porsche Taycan have emerged as formidable challengers (even to the Plaid variant), providing buyers with compelling alternatives in the luxury sedan category.

Tesla Has Produced 27,014 Cybertrucks In 2024

2024 Is The First Full Year Of Production For The Cybertruck

2024 marks the first full year of production for Tesla’s highly anticipated Cybertruck, with 27,014 units built so far. This is a significant leap from the 455 trucks produced in late 2023 when production was just beginning to ramp up. November 2024 alone saw 4,100 units produced, signaling Tesla’s efficiency in scaling production for its first electric pickup. Even though its official launch and release were delayed over and over and it has been controversial ever since, the Cybertruck is slated to be a key player in the electric pickup market, with production numbers expected to rise even further in 2025.

How The Cybertruck Stacks Up Against Other Electric Pickups

The Cybertruck’s presence in the EV market has quickly made an impact in the pickup truck segment. By May 2024, it had already claimed the title of the best-selling electric pickup, surpassing popular options like the Ford F-150 Lightning and Rivian R1T. That month, the Cybertruck accounted for a staggering 45 percent of electric truck registrations, showing just how quickly it rose to dominance after hitting the streets not long before then.

Even when compared to all EVs, the Cybertruck’s performance is worth noting. Earlier this year, it ranked as the fifth best-selling EV overall, with over 3,900 examples sold. This milestone placed it among Tesla’s most successful vehicles, alongside the Model Y and Model 3, which consistently hold the top two spots. The Cybertruck’s ability to outsell competing electric trucks shows just how much buyers really want it and it demonstrates Tesla’s continued influence on the EV market.