Who Is Tesla's Biggest Competitor?

Tesla has a number of big competitors. Among those, Nio, in China can be
considered one, despite the fact that it has delivered fewer vehicles. Ford
continues its march with its EVs, including the popular Mustang Mach-E and
F-150 Lightning pickup.

Who Are Tesla's Top 3 Competitors?

Ford, GM, NIO, and Volkswagen are four of Tesla's main competitors. In
2022, the Chinese manufacturer BYD sold more than 1.85 million plug-in
electric cars, more than tripling its 2021 result of 593,745.31 Another Chinese
company, SGMW, surpassed 1.6 million units the same year, so both
companies should be considered.32 SGMW is a joint venture between
China's SAIC Motors, General Motors, and Liuzhou Wuling Motors Co. Ltd.
Of all of these players, Tesla has the largest current market cap.

How Many Electric Vehicles Has Tesla Sold?

Tesla's vehicle deliveries in the fourth quarter of 2022 amounted to nearly
405,300 units, a new record for the brand. Here's a breakdown of the number
of Tesla vehicles delivered worldwide throughout 2022 (in 1,000 units):33

 Q1: 310.05
 Q2: 254.7
 Q3: 343.83
 Q4: 405.28

Total for 2022: 1,313.86