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[BUSINESS] · United States, China, Germany · 9 sources

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Tesla reaches 10 million electric vehicles produced

Tesla, Inc. produced its 10‑millionth fully battery‑electric vehicle, a Model Y Juniper, on the assembly line at its Fremont, California factory. The milestone makes Tesla the first automaker worldwide to hit ten million pure‑EVs, surpassing BYD’s mixed‑technology count.

Production accelerated sharply: the first million vehicles were completed in March 2020, the fifth million in September 2023, and the tenth million in July 2026, meaning the final five‑million increase took under three years. Global manufacturing capacity now exceeds 2.8 million cars annually, with Gigafactories operating in the United States (Fremont, Austin), China (Shanghai) and Germany (Berlin). Model Y and Model 3 together account for the bulk of the ten‑million fleet.

Elon Musk posted a public thank‑you to the Tesla team, noting the scale of work required. Analysts note the milestone could trigger a long‑term compensation package for Musk that may be worth more than $1 trillion in stock, contingent on delivering 20 million vehicles.

Entities

Elon Musk · Fremont factory · Gigafactory network · Model Y · Model Y Juniper · Tesla Inc. · Tesla, Inc.

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