📈 Tesla Global Sales Surpass U.S. Market in 2024 Amid Slowing Growth

In 2024, Tesla’s total revenue edged up just 0.9% to $97.7 billion, while net income plunged 52.2% to $7.2 billion. The U.S. accounted for $47.7 billion (48.9%) of Tesla’s sales revenue, while international markets contributed $50.0 billion (51.1%), including $20.9 billion (21.1%) from China. As global sales decline and competition intensifies—particularly from Chinese EV makers like BYD—Tesla faces mounting challenges heading into 2025.