Tesla has reached a major production landmark by building its 10 millionth electric vehicle, according to the company's social media announcement. The achievement arrives six years after Tesla passed the one-million mark, underscoring the scale of its manufacturing journey.
The milestone also places Tesla halfway toward one of the key product targets tied to Elon Musk's long-term compensation plan. By 2035, the company is expected to deliver 20 million vehicles, reach 10 million active subscriptions for its Full Self-Driving software, deploy one million bots, and put one million robotaxis on the road.
Tesla's growth has been powered largely by the Model 3 and Model Y, yet annual sales have not crossed the 2 million threshold in a single year. Even so, the company remains one of the most closely watched names in the global EV market, especially as competition shifts across regions.
In the United States, Tesla has faced softer demand, while newer markets such as Japan, Australia and Lithuania have become more important for expansion. The company has also reported nearly 1.5 million Full Self-Driving subscribers, though the exact count may depend on how free trials are treated.
Beyond vehicles, Tesla is investing heavily in AI, robotics and autonomous mobility, areas that could shape its next phase of growth. As the EV industry matures, Tesla's production scale and technology roadmap may help define the future of smart transportation.