Date of Graduation
5-2025
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Accounting
Advisor/Mentor
Jarnagin, Robyn
Abstract
This thesis explores the key factors influencing Tesla's sales growth within the evolving electric vehicle (EV) market. It uses regression analysis to quantify the impact of average sales price, charging infrastructure, EV demand, and macroeconomic performance on Tesla's vehicle sales. The analysis is based on data from Tesla's annual reports, the Alternative Fuels Data Center, the International Energy Agency, and the Bureau of Labor Statistics. Key findings include a significant negative correlation between average sales price and vehicle sales, and a strong positive correlation between charging infrastructure and sales. These insights offer valuable implications for Tesla’s strategic decision-making, investor analysis, and policy formulation in the context of electric vehicle adoption and market dynamics.
Keywords
Accounting; Sales Growth; Regression Analysis; Tesla; Electric Vehicles; Elon Musk
Citation
Bravo, M. (2025). The Electric Revolution: A Quantitative Analysis of Tesla's Sales Growth. Accounting Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/acctuht/68
