Tesla, Inc.

NasdaqGS-TSLA

OverviewFinancialsInvestor RelationsResearchEstimatesNewsOwnershipIndustryDividendsModelingFilings

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	1,389	1,190	420	2,143	2,189	1,416
Net Income
Depreciation & Amortization	1,625	1,433	1,447	1,496	1,348	1,278
Depreciation, Amortization and Impairment
Stock Based Compensation	663	635	573	579	457	439
Stock-Based Compensation
Other Adjustments	811	142	270	-527	1,095	460
Amortization of Discount on Convertible Debt
Amortization of Debt Discounts
Amortization of Debt Discounts and Issuance Costs
Inventory and Purchase Commitments Write-Downs
Loss on Disposal of Property and Equipment
Foreign Currency Transaction Net Unrealized Gain
Foreign Currency Transaction Net Unrealized Income
Gain Related to SolarCity Acquisition
Loss Related to SolarCity Acquisition
Deferred Income Taxes
Digital Assets Gain, Net
Other
Non-Cash Interest and Other Operating Activities
Digital Assets Gain, Net
Operating Cash Flow Related to Repayment of Discounted Convertible Senior Notes
Changes in Trade Receivables	-907	-29	630	-1,227	429	137
Change in Accounts Receivable
Changes in Inventories	1,991	-703	-1,704	2,044	-193	1,783
Inventory and Operating Lease Vehicles
Change in Inventory
Changes in Accounts Payable	1,646	627	706	1,084	2,255	-998
Accounts Payable and Accrued Liabilities
Change in Accounts Payable, Accrued and Other Liabilities
Changes in Unearned Revenue	507	9	309	271	125	-89
Change in Deferred Revenue
Customer Deposits
Changes in Other Operating Activities	-1,154	-577	-495	-1,142	-1,042	-695
Change in Operating Lease Vehicles
Change in Prepaid Expenses and Other Assets
Other Non-Current Assets
Other
Resale Value Guarantee
Other Long-Term Liabilities
Cash from Operating Activities	6,238	2,540	2,156	4,814	6,255	3,612
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-2,248	-2,394	-1,492	-2,777	-3,513	-2,272
Purchases of Property and Equipment Excluding Finance Leases, Net of Sales
Purchases of Solar Energy Systems, Net of Sales
Purchases of Intangible Assets	—	—	—	—	—	—
Purchases of Digital Assets
Purchase of Intangible Assets
Proceeds from Sale of Intangible Assets	—	—	—	—	—	—
Proceeds from Sales of Digital Assets
Purchases of Investments	-11,402	-7,485	-6,015	-15,158	-6,032	-8,143
Purchases of Investments
Proceeds from Sale of Investments	9,295	6,935	5,856	10,335	6,670	7,190
Proceeds from Maturities of Investments
Proceeds from Sales of Investments
Payments for Business Acquisitions	—	—	—	—	—	—
Business Combinations, Net of Cash Acquired
Other Investing Activities	—	—	—	—	—	—
Change in Restricted Cash
Receipt of Government Grants
Cash from Investing Activities	-4,355	-2,944	-1,651	-7,603	-2,875	-3,225
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	1,182	2,425	625	1,384	465	3,119
Proceeds from Issuances of Debt
Collateralized Lease Borrowings
Repayments of Long-Term Debt	-687	-2,847	-1,349	-807	-646	-731
Repayments of Debt
Repayments of Borrowings Issued to Related Parties
Collateralized Lease Repayments
Principal Payments on Finance Leases
Net Issuance / (Repayments) of Long-Term Debt	495	-422	-724	577	-181	2,388
Issuance of Common Shares	512	215	313	453	340	197
Proceeds from Issuances of Common Stock in Public Offerings, Net of Issuance Costs
Proceeds from Exercises of Stock Options and Other Stock Issuances
Proceeds from Issuance of Warrants
Net Issuance / (Repurchases) of Common Shares	512	215	313	453	340	197
Other Financing Activities	959	-237	79	940	105	2,495
Net Cash Flows from Other Debt Activities
Net Borrowings Under Vehicle and Energy Product Financing
Net Cash Flows from Noncontrolling Interests
Net Cash Flows from Noncontrolling Interests - Auto
Net Cash Flows from Noncontrolling Interests - Solar
Other
Proceeds Received from Directors in Shareholder Settlement
Payment of Legal Fees Associated with Shareholder Settlement
Debt Issuance Costs
Purchase of Convertible Note Hedges
Proceeds from Settlement of Convertible Note Hedges
Payments for Settlements of Warrants
Proceeds from Investments by Noncontrolling Interests in Subsidiaries
Distributions Paid to Noncontrolling Interests in Subsidiaries
Payments for Buy-Outs of Noncontrolling Interests in Subsidiaries
Cash from Financing Activities	983	-222	-332	985	132	2,540
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Free Cash Flow	3,990	146	664	2,037	2,742	1,340
NOPAT	1,151.5	709.1	284.5	1,344	2,131	1,271.8
Levered Free Cash Flow	4,235	-855	-1,544	3,681	972	2,795
Unlevered Free Cash Flow	3,518.5	-895.9	-944.5	2,320	1,111	278.8
Net Change in Cash	2,866	-626	173	-1,804	3,512	2,927