Tesla Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	+22 Quarters
Revenue	21,301	25,167	23,350	24,927	23,329	24,318	21,454	16,934	18,756	17,719	13,757	11,958	10,389	10,744	8,771	6,036	5,985	7,384	6,303	6,350	4,541	7,226	6,824	4,002	3,409	3,288	2,985	2,790	2,696	2,285	2,298	1,270	1,147	1,214	936.79	954.98	939.88	956.66	851.8	769.35	Upgrade
Revenue Growth (YoY)	-8.69%	3.49%	8.84%	47.20%	24.38%	37.24%	55.95%	41.61%	80.54%	64.92%	56.85%	98.11%	73.58%	45.50%	39.16%	-4.94%	31.80%	2.19%	-7.63%	58.66%	33.22%	119.74%	128.63%	43.47%	26.42%	43.94%	29.86%	119.65%	135.06%	88.13%	145.35%	32.99%	22.04%	26.94%	9.98%	24.13%	51.46%	55.50%	97.48%	89.90%	Upgrade
Cost of Revenue	17,605	20,729	19,172	20,394	18,818	18,541	16,072	12,700	13,296	12,872	10,097	9,074	8,174	8,678	6,708	4,769	4,751	5,993	5,112	5,429	3,975	5,783	5,300	3,383	2,952	2,849	2,536	2,123	2,028	1,849	1,662	995.24	894.58	995.82	705.29	741.61	679.81	694.96	599.95	556.35	Upgrade
Gross Profit	3,696	4,438	4,178	4,533	4,511	5,777	5,382	4,234	5,460	4,847	3,660	2,884	2,215	2,066	2,063	1,267	1,234	1,391	1,191	921	566	1,443	1,524	618.93	456.53	439.3	449.14	666.62	667.95	435.28	636.74	274.78	252.47	218.56	231.5	213.37	260.07	261.7	251.85	213	Upgrade
Selling, General & Admin	1,374	1,280	1,253	1,191	1,076	1,032	961	961	992	1,494	994	973	1,056	969	888	661	627	699	596	647	704	668	730	750.76	686.4	682.79	653	537.76	603.46	456.02	336.81	321.15	318.21	288.65	236.37	201.85	195.37	196.97	155.11	134.03	Upgrade
Research & Development	1,151	1,094	1,161	943	771	810	733	667	865	740	611	576	666	522	366	279	324	345	334	324	340	356	351	386.13	367.1	354.56	331.62	369.77	322.04	245.96	214.3	191.66	182.48	190.24	178.79	181.71	167.15	139.57	135.87	107.72	Upgrade
Other Operating Expenses	0	0	0	0	0	34	0	142	0	0	51	23	-101	0	0	0	0	-12	0	117	44	5	27	103.43	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	Upgrade
Operating Expenses	2,525	2,374	2,414	2,134	1,847	1,876	1,694	1,770	1,857	2,234	1,656	1,572	1,621	1,491	1,254	940	951	1,032	930	1,088	1,088	1,029	1,108	1,240	1,054	1,037	984.62	907.53	925.5	701.98	551.11	512.82	500.69	478.9	415.16	383.56	362.52	336.54	290.98	241.75	Upgrade
Operating Income	1,171	2,064	1,764	2,399	2,664	3,901	3,688	2,464	3,603	2,613	2,004	1,312	594	575	809	327	283	359	261	-167	-522	414	416	-621.39	-596.97	-598.06	-535.48	-240.92	-257.55	-266.7	85.62	-238.04	-248.22	-260.33	-183.66	-170.19	-102.45	-74.84	-39.13	-28.75	Upgrade
Interest Expense / Income	76	61	38	28	29	33	53	44	61	71	126	75	99	246	163	170	169	170	185	172	158	175	175	163.58	149.55	146.1	117.11	108.44	99.35	65.1	46.71	46.37	40.63	38.62	29.31	24.35	26.57	28.7	29.06	31.24	Upgrade
Other Expense / Income	-443	-173	-294	-655	-139	-95	38	-44	-122	-71	37	-20	-12	-24	129	32	96	42	-93	50	-1	77	-87	-81.14	-42.57	-59.57	-32.93	-28.61	-51.9	-221.54	8.9	5.13	-10.43	16.4	15.1	-13.48	22.12	0.37	2.79	0.76	Upgrade
Pretax Income	1,538	2,176	2,020	3,026	2,774	3,963	3,597	2,464	3,664	2,613	1,841	1,257	507	353	517	125	18	147	169	-389	-679	162	328	-703.83	-703.95	-684.59	-619.66	-320.75	-305	-110.27	30.01	-289.54	-278.42	-315.35	-228.07	-181.06	-151.14	-103.91	-70.98	-60.75	Upgrade
Income Tax	409	-5,752	167	323	261	276	305	205	346	292	223	115	69	83	186	21	2	42	26	19	23	22	17	13.71	5.61	-8.64	-0.29	15.65	25.28	11.07	8.13	3.65	3.85	5.05	1.78	3.17	3.04	3.72	3.73	1.15	Upgrade
Net Income	1,129	7,928	1,853	2,703	2,513	3,687	3,292	2,259	3,318	2,321	1,618	1,142	438	270	331	104	16	105	143	-408	-702	140	311	-717.54	-709.55	-675.95	-619.38	-336.4	-330.28	-121.34	21.88	-293.19	-282.27	-320.4	-229.86	-184.23	-154.18	-107.63	-74.71	-61.9	Upgrade
Net Income Growth	-55.07%	115.03%	-43.71%	19.65%	-24.26%	58.85%	103.46%	97.81%	657.53%	759.63%	388.82%	998.08%	2637.50%	157.14%	131.47%	-	-	-25.00%	-54.02%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Upgrade
Shares Outstanding (Basic)	3,186	3,183	3,176	3,171	3,166	3,160	3,146	3,111	3,103	3,043	2,993	2,913	2,883	2,849	2,811	2,784	2,745	2,706	2,691	2,655	2,595	2,586	2,565	2,550	2,537	2,540	2,509	2,478	2,432	2,327	2,235	2,100	1,990	1,967	1,935	1,900	1,889	1,883	1,874	1,864	Upgrade
Shares Outstanding (Diluted)	3,186	3,183	3,176	3,171	3,166	3,160	3,146	3,111	3,103	3,043	2,993	2,913	2,883	2,849	2,811	2,784	2,745	2,706	2,691	2,655	2,595	2,586	2,565	2,550	2,537	2,540	2,509	2,478	2,432	2,327	2,235	2,100	1,990	1,967	1,935	1,900	1,889	1,883	1,874	1,864	Upgrade
Shares Change	0.63%	0.73%	0.95%	1.93%	2.03%	3.84%	5.11%	6.80%	7.63%	6.81%	6.47%	4.63%	5.03%	5.28%	4.46%	4.86%	5.78%	4.64%	4.91%	4.12%	2.28%	1.83%	2.22%	2.90%	4.33%	9.16%	12.28%	18.02%	22.20%	18.28%	15.49%	10.49%	5.34%	4.48%	3.28%	1.96%	2.00%	2.17%	2.50%	5.12%	Upgrade
EPS (Basic)	0.37	2.50	0.58	0.85	0.80	1.18	1.05	0.73	1.07	0.78	0.54	0.39	0.15	0.10	0.11	0.04	0.01	0.04	0.05	-0.15	-0.27	0.06	0.12	-0.28	-0.28	-0.27	-0.25	-0.14	-0.14	-0.05	0.01	-0.14	-0.14	-0.16	-0.12	-0.10	-0.08	-0.06	-0.04	-0.03	Upgrade
EPS (Diluted)	0.34	2.27	0.53	0.78	0.73	1.07	0.95	0.65	0.95	0.68	0.48	0.34	0.13	0.08	0.09	0.03	0.01	0.04	0.05	-0.15	-0.27	0.06	0.12	-0.28	-0.28	-0.27	-0.25	-0.14	-0.14	-0.05	0.01	-0.14	-0.14	-0.16	-0.12	-0.10	-0.08	-0.06	-0.04	-0.03	Upgrade
EPS Growth	-53.42%	112.15%	-44.21%	20.00%	-23.16%	57.35%	97.92%	91.18%	630.77%	783.12%	433.33%	930.30%	1757.14%	79.07%	69.81%	-	-	-24.56%	-54.70%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Upgrade
Free Cash Flow	-2,535	2,063	849	1,005	440	1,420	3,297	621	2,223	2,771	1,322	609	281	1,855	1,379	398	-921	976	346	596	-945	881	831.89	-806.88	-1,127.01	-396.24	-1,545.29	-1,358.08	-842.38	-1,129.49	176.04	-144.38	-466.46	-441.07	-595.74	-564.68	-557.85	-455.06	-312.17	-177.35	Upgrade
Free Cash Flow Per Share	-0.80	0.65	0.27	0.32	0.14	0.45	1.05	0.20	0.72	0.91	0.44	0.21	0.10	0.65	0.49	0.14	-0.34	0.36	0.13	0.22	-0.36	0.34	0.32	-0.32	-0.44	-0.16	-0.62	-0.55	-0.35	-0.48	0.08	-0.07	-0.23	-0.22	-0.31	-0.30	-0.29	-0.24	-0.17	-0.10	Upgrade
Gross Margin	17.35%	17.63%	17.89%	18.19%	19.34%	23.76%	25.09%	25.00%	29.11%	27.35%	26.60%	24.12%	21.32%	19.23%	23.52%	20.99%	20.62%	18.84%	18.90%	14.50%	12.46%	19.97%	22.33%	15.46%	13.39%	13.36%	15.05%	23.90%	24.77%	19.05%	27.70%	21.64%	22.01%	18.00%	24.71%	22.34%	27.67%	27.36%	29.57%	27.69%	Upgrade
Operating Margin	5.50%	8.20%	7.55%	9.62%	11.42%	16.04%	17.19%	14.55%	19.21%	14.75%	14.57%	10.97%	5.72%	5.35%	9.22%	5.42%	4.73%	4.86%	4.14%	-2.63%	-11.50%	5.73%	6.10%	-15.53%	-17.51%	-18.19%	-17.94%	-8.64%	-9.55%	-11.67%	3.73%	-18.74%	-21.64%	-21.44%	-19.61%	-17.82%	-10.90%	-7.82%	-4.59%	-3.74%	Upgrade
Profit Margin	5.30%	31.50%	7.94%	10.84%	10.77%	15.16%	15.34%	13.34%	17.69%	13.10%	11.76%	9.55%	4.22%	2.51%	3.77%	1.72%	0.27%	1.42%	2.27%	-6.43%	-15.46%	1.94%	4.56%	-17.93%	-20.82%	-20.55%	-20.75%	-12.06%	-12.25%	-5.31%	0.95%	-23.09%	-24.61%	-26.38%	-24.54%	-19.29%	-16.40%	-11.25%	-8.77%	-8.05%	Upgrade
Free Cash Flow Margin	-11.90%	8.20%	3.64%	4.03%	1.89%	5.84%	15.37%	3.67%	11.85%	15.64%	9.61%	5.09%	2.70%	17.27%	15.72%	6.59%	-15.39%	13.22%	5.49%	9.39%	-20.81%	12.19%	12.19%	-20.16%	-33.06%	-12.05%	-51.77%	-48.68%	-31.24%	-49.44%	7.66%	-11.37%	-40.67%	-36.32%	-63.59%	-59.13%	-59.35%	-47.57%	-36.65%	-23.05%	Upgrade
Effective Tax Rate	26.59%	-264.34%	8.27%	10.67%	9.41%	6.96%	8.48%	8.32%	9.44%	11.17%	12.11%	9.15%	13.61%	23.51%	35.98%	16.80%	11.11%	28.57%	15.38%	-	-	13.58%	5.18%	-	-	-	-	-	-	-	27.10%	-	-	-	-	-	-	-	-	-	Upgrade
EBITDA	2,860	3,469	3,293	4,208	3,849	4,985	4,606	3,430	4,605	3,532	2,728	2,013	1,227	1,217	1,264	862	740	894	884	362	-53	834	1,006	-55	-138.17	-68.88	-101.93	176.86	170.95	281.78	357.19	-59.94	-81.34	-133.01	-88.4	-65.32	-47.46	-7.23	23.05	25.2	Upgrade
EBITDA Margin	13.43%	13.78%	14.10%	16.88%	16.50%	20.50%	21.47%	20.26%	24.55%	19.93%	19.83%	16.83%	11.81%	11.33%	14.41%	14.28%	12.36%	12.11%	14.03%	5.70%	-1.17%	11.54%	14.73%	-1.37%	-4.05%	-2.09%	-3.42%	6.34%	6.34%	12.33%	15.54%	-4.72%	-7.09%	-10.95%	-9.44%	-6.84%	-5.05%	-0.76%	2.71%	3.28%	Upgrade
Depreciation & Amortization	1,246	1,232	1,235	1,154	1,046	989	956	922	880	848	761	681	621	618	584	567	553	577	530	579	468	497	502.51	485.26	416.23	469.6	400.62	389.17	376.6	326.94	280.47	183.23	156.46	143.72	110.37	91.39	77.11	67.98	64.97	54.72	Upgrade
EBIT	1,614	2,237	2,058	3,054	2,803	3,996	3,650	2,508	3,725	2,684	1,967	1,332	606	599	680	295	187	317	354	-217	-521	337	503	-540.25	-554.4	-538.49	-502.55	-212.31	-205.65	-45.16	76.72	-243.17	-237.8	-276.73	-198.77	-156.71	-124.57	-75.21	-41.92	-29.51	Upgrade
EBIT Margin	7.58%	8.89%	8.81%	12.25%	12.02%	16.43%	17.01%	14.81%	19.86%	15.15%	14.30%	11.14%	5.83%	5.58%	7.75%	4.89%	3.12%	4.29%	5.62%	-3.42%	-11.47%	4.66%	7.37%	-13.50%	-16.26%	-16.37%	-16.84%	-7.61%	-7.63%	-1.98%	3.34%	-19.15%	-20.73%	-22.79%	-21.22%	-16.41%	-13.25%	-7.86%	-4.92%	-3.84%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).