Tesla, Inc. (TSLA) — Financial statements
Income statement, balance sheet, and cash flow for Tesla, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 94,827↓2.9% | 97,690↑0.9% | 96,773↑18.8% | 81,462↑51.4% | 53,823 | |
| Cost of Revenue | 77,733↓3.1% | 80,240↑1.4% | 79,113↑30.5% | 60,609↑50.7% | 40,217 | |
| Gross Profit | 17,094↓2.0% | 17,450↓1.2% | 17,660↓15.3% | 20,853↑53.3% | 13,606 | |
| Operating Expenses | ||||||
| R&D Expenses | 6,411↑41.2% | 4,540↑14.4% | 3,969↑29.1% | 3,075↑18.6% | 2,593 | |
| General & Administrative Expenses | 5,834↑13.3% | 5,150↑7.3% | 4,800↑21.6% | 3,946↓12.6% | 4,517 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 5,834↑13.3% | 5,150↑7.3% | 4,800↑21.6% | 3,946↓12.6% | 4,517 | |
| Other Expenses | 494↓27.8% | 684 | 0.00↓100.0% | 176 | 0.00 | |
| Operating Expenses | 12,739↑22.8% | 10,374↑18.3% | 8,769↑21.8% | 7,197↑1.2% | 7,110 | |
| Total Costs & Expenses | 90,472↓0.2% | 90,614↑3.1% | 87,882↑29.6% | 67,806↑43.3% | 47,327 | |
| Operating Results | ||||||
| Operating Income | 4,355↓38.5% | 7,076↓20.4% | 8,891↓34.9% | 13,656↑109.4% | 6,523 | |
| Depreciation & Amortization | 6,148↑14.5% | 5,368↑15.0% | 4,667↑24.6% | 3,747↑28.7% | 2,911 | |
| EBITDA | 11,764↓20.0% | 14,708↓0.6% | 14,796↓16.2% | 17,657↑83.4% | 9,625 | |
| EBIT | 5,616↓39.9% | 9,340↓7.8% | 10,129↓27.2% | 13,910↑107.2% | 6,714 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,342↑10.1% | 1,219↑34.0% | 910↑758.5% | 106↑133.7% | -315 | |
| Interest Income | 1,680↑7.1% | 1,569↑47.2% | 1,066↑258.9% | 297↑430.4% | 56 | |
| Interest Expense | 338↓3.4% | 350↑124.4% | 156↓18.3% | 191↓48.5% | 371 | |
| Non-Operating Income | -1,261↑44.3% | -2,264↓82.9% | -1,238↓387.4% | -254↓33.0% | -191 | |
| Other Income / Expenses | 923↓51.8% | 1,914↑76.9% | 1,082↑1617.5% | 63↑135.0% | -180 | |
| Income Before Tax | 5,278↓41.3% | 8,990↓9.9% | 9,973↓27.3% | 13,719↑116.3% | 6,343 | |
| Income Tax Expense | 1,423↓22.5% | 1,837↑136.7% | -5,001↓541.8% | 1,132↑61.9% | 699 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 3,855↓46.1% | 7,153↓52.2% | 14,974↑19.0% | 12,587↑123.0% | 5,644 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 3,794↓46.8% | 7,130↓52.5% | 14,999↑19.2% | 12,583↑127.8% | 5,524 | |
| Bottom-Line Net Income | 3,794↓46.8% | 7,130↓52.5% | 14,999↑19.2% | 12,584↑127.4% | 5,533 | |
| EPS (Basic) | 1.18↓47.1% | 2.23↓52.8% | 4.73↑17.7% | 4.02↑115.0% | 1.87 | |
| EPS (Diluted) | 1.08↓47.0% | 2.04↓52.7% | 4.31↑19.1% | 3.62↑122.1% | 1.63 | |
| Weighted Average Shares | 3,225↑0.9% | 3,197↑0.7% | 3,174↑1.4% | 3,130↑5.8% | 2,959 | |
| Weighted Average Diluted Shares | 3,528↑0.9% | 3,498↑0.4% | 3,483↑0.2% | 3,475↑2.6% | 3,386 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.