Tesla, Inc. (TSLA)

Tesla Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	97,150	96,773	81,462	53,823	31,536	24,578
Revenue Growth (YoY)	1.28%	18.80%	51.35%	70.67%	28.31%	14.52%
Cost of Revenue	79,441	79,113	60,609	40,217	24,906	20,509
Gross Profit	17,709	17,660	20,853	13,606	6,630	4,069
Selling, General & Admin	5,117	4,800	3,946	4,517	3,188	2,646
Research & Development	4,358	3,969	3,075	2,593	1,491	1,343
Other Operating Expenses	92	-	176	-27	-	-
Operating Expenses	9,569	8,769	7,197	7,083	4,679	3,989
Operating Income	8,140	8,891	13,656	6,523	1,951	80
Interest Expense	-315	-156	-191	-371	-748	-725
Interest & Investment Income	1,460	1,066	297	56	30	44
Currency Exchange Gain (Loss)	122	122	-89	97	-114	48
Other Non Operating Income (Expenses)	-409	50	46	38	-8	37
EBT Excluding Unusual Items	8,998	9,973	13,719	6,343	1,111	-516
Merger & Restructuring Charges	-583	-	-	-	-	-87
Asset Writedown	-	-	-	-	-	-15
Legal Settlements	-	-	-	-	43	-
Pretax Income	8,415	9,973	13,719	6,343	1,154	-665
Income Tax Expense	-4,349	-5,001	1,132	699	292	110
Earnings From Continuing Operations	12,764	14,974	12,587	5,644	862	-775
Minority Interest in Earnings	-62	23	-31	-125	-141	-87
Net Income	12,702	14,997	12,556	5,519	721	-862
Preferred Dividends & Other Adjustments	-41	-2	-27	-5	31	8
Net Income to Common	12,743	14,999	12,583	5,524	690	-870
Net Income Growth	18.09%	19.44%	127.50%	665.46%	-	-
Shares Outstanding (Basic)	3,190	3,174	3,130	2,959	2,798	2,661
Shares Outstanding (Diluted)	3,491	3,485	3,475	3,386	3,249	2,661
Shares Change (YoY)	0.31%	0.29%	2.63%	4.22%	22.10%	3.99%
EPS (Basic)	3.99	4.73	4.02	1.87	0.25	-0.33
EPS (Diluted)	3.65	4.30	3.62	1.63	0.21	-0.33
EPS Growth	17.67%	18.74%	121.61%	678.13%	-	-
Free Cash Flow	3,610	4,357	7,561	4,983	2,711	973
Free Cash Flow Per Share	1.03	1.25	2.18	1.47	0.83	0.37
Gross Margin	18.23%	18.25%	25.60%	25.28%	21.02%	16.56%
Operating Margin	8.38%	9.19%	16.76%	12.12%	6.19%	0.33%
Profit Margin	13.12%	15.50%	15.45%	10.26%	2.19%	-3.54%
Free Cash Flow Margin	3.72%	4.50%	9.28%	9.26%	8.60%	3.96%
EBITDA	13,244	13,558	17,403	9,434	4,273	2,172
EBITDA Margin	13.63%	14.01%	21.36%	17.53%	13.55%	8.84%
D&A For EBITDA	5,104	4,667	3,747	2,911	2,322	2,092
EBIT	8,140	8,891	13,656	6,523	1,951	80
EBIT Margin	8.38%	9.19%	16.76%	12.12%	6.19%	0.33%
Effective Tax Rate	-	-	8.25%	11.02%	25.30%	-
Revenue as Reported	97,150	96,773	81,462	53,823	31,536	24,578

Source: S&P Capital IQ. Standard template. Financial Sources.