When will Tesla make a profit? Despite strong revenue growth, Tesla has yet to make a profit. When complete, Wood Mackenzie expects Tesla to have a production capacity of 1.5 million cars per year. To match its production capability, Tesla will need 26% of forecasted global battery production by 2028. In November 2019, Tesla announced a deal with CATL to provide packs for its Shanghai plant, complementing its non-exclusive deal with LG Chem.

Source: Forbes January 20, 2020 15:11 UTC