In the last few years, Tesla cars have taken over the market and have seen a greater boom in its sale since 2011.
Tesla vehicles sold each year:
2022: 1,313,8512021: 936,2222020: 499,5502019: 367,5002018: 245,2402017: 103,0972016: 76,2952015: 50,5802014: 31,6552013: 22,4772012: 2,6502011: 0
— Jon Erlichman (@JonErlichman) January 2, 2023
Tesla has been a big player in the automotive industry and is taking over the market with its cars. The sales have grown from zero cars in 2011 to 1,313,851 vars in 2022.
Tesla has sold a total of 1.3 million cars in 2022, which is a 40 per cent increase from the year before. That was short of the 50 per cent annual growth target Tesla had set for itself.
While the increases were impressive as per the auto industry standards. Tesla has become the most valuable carmaker in the world by growing at really fast rates more commonly associated with Silicon Valley technology companies.
The growth has been massive but was unable to match companies growth expectations for the year 2022. Tesla failed to reach its set target of 50% growth in 2022 but still remains the most valuable carmaker with 40% growth in its sales as compared to 2021 sales.