Tesla introduced on September 17, 2023 that, through the week, it produced its 5 millionth electrical automobile.

The milestone comes about 20 years after the corporate was began in 2003 and 15 years after the primary automobile (the unique Roadster) was produced and delivered in 2008.

The primary millionth automobile was produced in March 2020, which signifies that it took 12 years of manufacturing. The second million automobiles had been produced inside 18 months, the third inside 11 months, and the fourth in seven months. Let’s notice that the cumulative stage of 4,000,000 models was introduced on March 1, 2023, simply over six months in the past.

Tesla is the biggest all-electric automobile producer on the earth and its present manufacturing fee is step by step approaching two million models per yr.

If the present fee stays secure or additional will increase (which is extra doubtless), we must always see the sixth millionth Tesla in early 2024.

Based on Tesla’s Weibo account in China (see a picture under), the jubilee automobile occurred to be the brand new Tesla Mannequin 3 Highland in Pearl White, produced on the Tesla Giga Shanghai manufacturing unit.

That is Tesla’s largest manufacturing web site (and the biggest EV manufacturing unit on the earth), which earlier this month produced its two millionth electrical automobile.

Contemplating how large the automotive trade is, Tesla nonetheless has to develop a number of instances to achieve 10 million models yearly and match the biggest automotive teams. This may take a number of years, assuming the goal progress fee of fifty % year-over-year (if achieved).

Right here is Tesla’s manufacturing progress over the previous a number of years, as much as the document second quarter of 2023:

We do not have the information for the third quarter but, however we will already think about the following bar on the chart under at round 5 million models.

The subsequent large factor for Tesla is perhaps associated to the Tesla Cybertruck, though till the next-generation EVs are prepared, the primary product is anticipated to nonetheless be the Tesla Mannequin Y.