Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Tesla.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $96.77B | $81.46B | $53.82B | $31.54B | $24.58B | $21.46B | $11.76B | $7.00B | $4.05B | $3.20B |
| Cost of Revenue | $79.11B | $60.61B | $40.22B | $24.91B | $20.51B | $17.42B | $9.54B | $5.40B | $3.12B | $2.32B |
| Gross Profit | $17.66B | $20.85B | $13.61B | $6.63B | $4.07B | $4.04B | $2.22B | $1.60B | $923.50M | $881.67M |
| Gross Profit Ratio | 18.25% | 25.60% | 25.28% | 21.02% | 16.56% | 18.83% | 18.90% | 22.85% | 22.82% | 27.57% |
| Research and Development Expenses | $3.97B | $3.08B | $2.59B | $1.49B | $1.34B | $1.46B | $1.38B | $834.41M | $717.90M | $464.70M |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $2.44B | $1.38B | $863.93M | $554.76M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $37.00M | $48.00M | $58.30M | $48.90M |
| Selling General and Administrative Expenses | $4.80B | $3.95B | $4.52B | $3.15B | $2.65B | $2.83B | $2.48B | $1.43B | $922.23M | $603.66M |
| Other Expenses | $172.00M | $-43.00M | $135.00M | $-122.00M | $45.00M | $21.87M | $-125.37M | $111.27M | $-41.65M | $1.81M |
| Operating Expenses | $8.77B | $7.02B | $7.11B | $4.64B | $3.99B | $4.29B | $3.85B | $2.27B | $1.64B | $1.07B |
| Cost and Expenses | $87.88B | $67.63B | $47.33B | $29.54B | $24.50B | $21.71B | $13.39B | $7.67B | $4.76B | $3.39B |
| Interest Income | $1.07B | $297.00M | $56.00M | $30.00M | $44.00M | $24.53M | $19.69M | $8.53M | $1.51M | $1.13M |
| Interest Expense | $156.00M | $191.00M | $371.00M | $748.00M | $685.00M | $663.07M | $471.26M | $198.81M | $118.85M | $100.89M |
| Depreciation and Amortization | $4.67B | $3.54B | $2.91B | $2.32B | $2.15B | $1.90B | $1.64B | $947.10M | $422.59M | $231.93M |
| EBITDA | $14.80B | $17.83B | $9.60B | $4.22B | $2.32B | $1.69B | $-101.77M | $399.56M | $-756.77M | $-183.75M |
| EBITDA Ratio | 15.29% | 21.89% | 17.83% | 13.39% | 9.45% | 7.90% | -0.87% | 5.71% | -18.70% | -5.75% |
| Operating Income | $8.89B | $13.66B | $6.69B | $1.99B | $169.00M | $-388.07M | $-1.63B | $-667.34M | $-716.63M | $-186.69M |
| Operating Income Ratio | 9.19% | 16.76% | 12.42% | 6.32% | 0.69% | -1.81% | -13.88% | -9.53% | -17.71% | -5.84% |
| Total Other Income Expenses Net | $172.00M | $63.00M | $-344.00M | $-840.00M | $-834.00M | $-113.37M | $-125.37M | $111.27M | $-41.65M | $1.81M |
| Income Before Tax | $9.97B | $13.72B | $6.34B | $1.15B | $-665.00M | $-1.00B | $-2.21B | $-746.35M | $-875.62M | $-284.64M |
| Income Before Tax Ratio | 10.31% | 16.84% | 11.78% | 3.66% | -2.71% | -4.68% | -18.79% | -10.66% | -21.64% | -8.90% |
| Income Tax Expense | $-5.00B | $1.13B | $699.00M | $292.00M | $110.00M | $57.84M | $31.55M | $26.70M | $13.04M | $9.40M |
| Net Income | $15.00B | $12.58B | $5.52B | $721.00M | $-775.00M | $-976.09M | $-1.96B | $-674.91M | $-888.66M | $-294.04M |
| Net Income Ratio | 15.50% | 15.45% | 10.26% | 2.29% | -3.15% | -4.55% | -16.68% | -9.64% | -21.96% | -9.19% |
| EPS | $4.73 | $4.02 | $1.87 | $0.25 | $-0.29 | $-0.38 | $-0.79 | $-0.31 | $-0.46 | $-0.16 |
| EPS Diluted | $4.30 | $3.62 | $1.63 | $0.21 | $-0.29 | $-0.38 | $-0.79 | $-0.31 | $-0.46 | $-0.16 |
| Weighted Average Shares Outstanding | 3.17B | 3.13B | 2.96B | 2.80B | 2.66B | 2.56B | 2.49B | 2.16B | 1.92B | 1.87B |
| Weighted Average Shares Outstanding Diluted | 3.48B | 3.48B | 3.39B | 3.25B | 2.66B | 2.56B | 2.49B | 2.16B | 1.92B | 1.87B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $16.40B | $16.25B | $17.58B | $19.38B | $6.27B | $3.69B | $3.37B | $3.39B | $1.20B | $1.91B |
| Short Term Investments | $12.70B | $5.93B | $131.00M | $- | $671.00M | $807.77M | $- | $- | $- | $- |
| Cash and Short Term Investments | $29.09B | $22.18B | $17.71B | $19.38B | $6.27B | $3.69B | $3.37B | $3.39B | $1.20B | $1.91B |
| Net Receivables | $3.51B | $2.95B | $1.91B | $1.89B | $1.32B | $949.00M | $515.38M | $499.14M | $168.97M | $226.60M |
| Inventory | $13.63B | $12.84B | $5.76B | $4.10B | $3.55B | $3.11B | $2.26B | $2.07B | $1.28B | $953.67M |
| Other Current Assets | $3.39B | $2.94B | $1.72B | $1.35B | $959.00M | $366.00M | $268.37M | $194.47M | $115.67M | $76.13M |
| Total Current Assets | $49.62B | $40.92B | $27.10B | $26.72B | $12.10B | $8.31B | $6.57B | $6.26B | $2.78B | $3.18B |
| Property Plant Equipment Net | $45.12B | $36.63B | $31.18B | $23.38B | $20.20B | $19.69B | $20.49B | $15.04B | $5.19B | $2.60B |
| Goodwill | $253.00M | $194.00M | $200.00M | $207.00M | $198.00M | $68.00M | $60.24M | $- | $- | $- |
| Intangible Assets | $178.00M | $215.00M | $257.00M | $313.00M | $339.00M | $282.00M | $361.50M | $376.14M | $12.82M | $- |
| Goodwill and Intangible Assets | $431.00M | $409.00M | $457.00M | $520.00M | $537.00M | $350.00M | $421.74M | $376.14M | $12.82M | $- |
| Long Term Investments | $514.00M | $657.00M | $522.00M | $613.00M | $1.00M | $12.00M | $5.30M | $- | $- | $- |
| Tax Assets | $6.73B | $328.00M | $-522.00M | $-613.00M | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $4.20B | $3.39B | $3.40B | $1.54B | $1.47B | $1.38B | $1.17B | $991.22M | $78.38M | $54.58M |
| Total Non-Current Assets | $57.00B | $41.42B | $35.03B | $25.43B | $22.21B | $21.43B | $22.08B | $16.40B | $5.29B | $2.65B |
| Other Assets | $- | $- | $- | $- | $- | $-386.00K | $- | $- | $- | $- |
| Total Assets | $106.62B | $82.34B | $62.13B | $52.15B | $34.31B | $29.74B | $28.66B | $22.66B | $8.09B | $5.85B |
| Account Payables | $14.43B | $15.26B | $10.03B | $6.05B | $3.77B | $3.40B | $2.39B | $1.86B | $1.34B | $1.05B |
| Short Term Debt | $2.37B | $1.50B | $1.59B | $2.13B | $1.78B | $2.57B | $858.03M | $1.15B | $633.17M | $632.13M |
| Tax Payables | $1.20B | $1.24B | $1.12B | $777.00M | $611.00M | $348.66M | $185.81M | $152.90M | $101.21M | $71.23M |
| Deferred Revenue | $2.86B | $2.81B | $2.37B | $2.21B | $1.89B | $1.42B | $1.87B | $1.43B | $283.37M | $257.59M |
| Other Current Liabilities | $9.08B | $7.14B | $5.72B | $3.85B | $3.22B | $2.60B | $2.52B | $1.39B | $-633.17M | $-632.13M |
| Total Current Liabilities | $28.75B | $26.71B | $19.70B | $14.25B | $10.67B | $9.99B | $7.64B | $5.83B | $1.62B | $1.30B |
| Long Term Debt | $2.68B | $1.60B | $5.25B | $9.61B | $11.63B | $9.40B | $9.46B | $5.98B | $2.72B | $2.49B |
| Deferred Revenue Non-Current | $3.25B | $2.80B | $2.05B | $1.28B | $1.21B | $990.87M | $1.18B | $851.79M | $1.01B | $483.92M |
| Deferred Tax Liabilities Non-Current | $175.00M | $82.00M | $24.00M | $151.00M | $66.00M | $-4.57B | $- | $- | $- | $- |
| Other Non-Current Liabilities | $8.15B | $5.25B | $3.52B | $3.18B | $2.62B | $7.61B | $4.75B | $4.10B | $1.66B | $661.12M |
| Total Non-Current Liabilities | $14.26B | $9.73B | $10.84B | $14.22B | $15.53B | $13.43B | $15.39B | $10.93B | $5.38B | $3.63B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $43.01B | $36.44B | $30.55B | $28.47B | $26.20B | $23.43B | $23.02B | $16.76B | $7.00B | $4.94B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $22.00K |
| Common Stock | $3.00M | $3.00M | $1.00M | $1.00M | $1.00M | $173.00K | $169.00K | $161.00K | $131.00K | $126.00K |
| Retained Earnings | $27.88B | $12.88B | $331.00M | $-5.40B | $-6.08B | $-5.32B | $-4.97B | $-3.00B | $-2.32B | $-1.43B |
| Accumulated Other Comprehensive Income Loss | $-143.00M | $-361.00M | $54.00M | $363.00M | $-36.00M | $-8.22M | $33.35M | $-23.74M | $-3.56M | $-22.00K |
| Other Total Stockholders Equity | $34.89B | $32.18B | $29.80B | $27.26B | $12.74B | $10.25B | $9.18B | $7.77B | $3.41B | $2.35B |
| Total Stockholders Equity | $62.63B | $44.70B | $30.19B | $22.23B | $6.62B | $4.92B | $4.24B | $4.75B | $1.09B | $911.71M |
| Total Equity | $63.61B | $45.90B | $31.58B | $23.68B | $8.11B | $6.31B | $5.63B | $5.91B | $1.09B | $911.71M |
| Total Liabilities and Stockholders Equity | $106.62B | $82.34B | $62.13B | $52.15B | $34.31B | $29.74B | $28.66B | $22.66B | $8.09B | $5.85B |
| Minority Interest | $975.00M | $1.19B | $1.39B | $1.45B | $1.49B | $1.39B | $1.40B | $1.15B | $- | $- |
| Total Liabilities and Total Equity | $106.62B | $82.34B | $62.13B | $52.15B | $34.31B | $29.74B | $28.66B | $22.66B | $8.09B | $5.85B |
| Total Investments | $12.70B | $5.93B | $131.00M | $613.00M | $672.00M | $819.77M | $898.37M | $774.47M | $22.63M | $17.95M |
| Total Debt | $5.23B | $3.10B | $6.83B | $11.74B | $13.42B | $11.97B | $10.31B | $7.13B | $2.72B | $2.49B |
| Net Debt | $-11.17B | $-13.15B | $-10.74B | $-7.64B | $7.15B | $8.29B | $6.95B | $3.74B | $1.54B | $600.31M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $15.00B | $12.59B | $5.64B | $862.00M | $-775.00M | $-1.06B | $-2.24B | $-773.05M | $-888.66M | $-294.04M |
| Depreciation and Amortization | $4.67B | $3.75B | $2.91B | $2.32B | $2.15B | $1.90B | $1.64B | $947.10M | $422.59M | $231.93M |
| Deferred Income Tax | $-6.35B | $-196.00M | $58.00M | $433.00M | $- | $- | $- | $- | $138.43M | $27.90M |
| Stock Based Compensation | $1.81B | $1.56B | $2.12B | $1.73B | $898.00M | $749.00M | $467.00M | $334.23M | $198.00M | $156.50M |
| Change in Working Capital | $-1.78B | $-3.91B | $518.00M | $184.00M | $-349.00M | $57.95M | $-496.60M | $-693.86M | $-493.29M | $-256.82M |
| Accounts Receivables | $-586.00M | $-1.12B | $-130.00M | $-652.00M | $-367.00M | $-496.73M | $-24.64M | $-216.56M | $46.27M | $-183.66M |
| Inventory | $-1.20B | $-6.46B | $-1.71B | $-422.00M | $-429.00M | $-1.02B | $-178.85M | $-2.47B | $-1.57B | $-1.05B |
| Accounts Payables | $2.60B | $6.03B | $1.38B | $930.00M | $-296.00M | $1.72B | $388.21M | $750.64M | $675.38M | $252.78M |
| Other Working Capital | $-2.60B | $-2.35B | $979.00M | $328.00M | $743.00M | $-144.90M | $-681.32M | $1.24B | $358.92M | $724.32M |
| Other Non Cash Items | $-90.00M | $934.00M | $245.00M | $408.00M | $477.00M | $452.36M | $573.76M | $61.75M | $98.44M | $77.20M |
| Net Cash Provided by Operating Activities | $13.26B | $14.72B | $11.50B | $5.94B | $2.40B | $2.10B | $-60.65M | $-123.83M | $-524.50M | $-57.34M |
| Investments in Property Plant and Equipment | $-8.90B | $-7.17B | $-8.01B | $-3.24B | $-1.44B | $-2.32B | $-4.08B | $-1.44B | $-1.63B | $-969.88M |
| Acquisitions Net | $-64.00M | $-45.00M | $2.00M | $-13.00M | $-45.00M | $-17.91M | $-114.52M | $213.52M | $-12.26M | $- |
| Purchases of Investments | $-19.11B | $-5.83B | $-132.00M | $- | $- | $- | $-223.09M | $-1.30B | $- | $-205.84M |
| Sales Maturities of Investments | $12.49B | $22.00M | $-2.00M | $- | $- | $- | $- | $16.67M | $- | $189.13M |
| Other Investing Activities | $-6.62B | $1.06B | $278.00M | $123.00M | $46.00M | $- | $-223.09M | $1.09B | $-26.44M | $-3.85M |
| Net Cash Used for Investing Activities | $-15.58B | $-11.97B | $-7.87B | $-3.13B | $-1.44B | $-2.34B | $-4.42B | $-1.42B | $-1.67B | $-990.44M |
| Debt Repayment | $-1.81B | $-3.87B | $-14.62B | $-12.20B | $-798.00M | $-89.00M | $-4.26B | $-1.72B | $-683.94M | $-2.29B |
| Common Stock Issued | $700.00M | $541.00M | $707.00M | $12.27B | $1.28B | $295.72M | $400.18M | $1.87B | $750.00M | $-35.15M |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $3.70B | $-202.00M | $8.71B | $9.90B | $731.00M | $485.00M | $8.28B | $2.03B | $839.59M | $-148.96M |
| Net Cash Used Provided by Financing Activities | $2.59B | $-3.53B | $-5.20B | $9.97B | $1.53B | $574.00M | $4.41B | $3.74B | $1.52B | $2.14B |
| Effect of Forex Changes on Cash | $4.00M | $-444.00M | $-183.00M | $334.00M | $8.00M | $-22.70M | $39.45M | $-7.41M | $-34.28M | $-35.52M |
| Net Change in Cash | $265.00M | $-1.22B | $-1.76B | $13.12B | $2.51B | $311.43M | $-25.30M | $2.20B | $-708.80M | $1.06B |
| Cash at End of Period | $17.19B | $16.92B | $18.14B | $19.90B | $6.78B | $4.28B | $3.37B | $3.39B | $1.20B | $1.91B |
| Cash at Beginning of Period | $16.92B | $18.14B | $19.90B | $6.78B | $4.28B | $3.96B | $3.39B | $1.20B | $1.91B | $845.89M |
| Operating Cash Flow | $13.26B | $14.72B | $11.50B | $5.94B | $2.40B | $2.10B | $-60.65M | $-123.83M | $-524.50M | $-57.34M |
| Capital Expenditure | $-8.90B | $-7.17B | $-8.01B | $-3.24B | $-1.44B | $-2.32B | $-4.08B | $-1.44B | $-1.63B | $-969.88M |
| Free Cash Flow | $4.36B | $7.55B | $3.48B | $2.70B | $968.00M | $-221.71M | $-4.14B | $-1.56B | $-2.16B | $-1.03B |