There was a time when the Tesla Model 3 was stuck in production hell and the company was making huge losses. In contrast, Tesla has a lot to celebrate in 2020. This year, the Tesla Model 3 is on track to become the world's bestselling electric car overtaking the Nissan Leaf. Tesla also became the most valuable American automaker in the world. And now the company is celebrating a major production milestone because Tesla has just built its one-millionth car.

As shown in celebratory photos shared by Elon Musk on Twitter taken from the company's Fremont factory, Telsa's one- millionth car to roll off the production line is a red Tesla Model Y. "Congratulations Tesla team on making our 1,000,000th car!!" Elon Musk ecstatically wrote on Twitter.

It's taken just over a decade for Tesla to achieve this milestone since it started producing the original Roadster back in 2008, although the company was founded back in 2003. Since the Tesla Roadster launched, Tesla's model lineup has expanded with the Model S in 2012, the Model X in 2015, and the Model 3 in 2017.

Granted, mainstream automakers such as Ford, Toyota, and Volkswagen manufacture millions of cars every year, but it's an impressive achievement considering that Tesla is a start-up company that specializes in EVs.

This achievement also means Tesla is the first car manufacturer to build one million electric cars, helping Elon Musk achieve his goal of making EVs mass market.

With deliveries of the Tesla Model Y starting this month, the future is looking bright for Tesla. Last year, Tesla delivered more than 367,000 Model 3s worldwide, but the launch of the Model Y should enable Tesla to deliver half a million vehicles this year. Production of the Tesla Cybertruck is also due to start in late 2021 and already has over half-a-million preorders, so it should make its next million cars a lot quicker.