Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services. This segment also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

Tesla, Inc.

Automotive Sales

Automotive Sales %Chg

Automotive Sales Common Size

Development Services

Development Services %Chg

Development Services Common Size

Automotive Regulatory Credits

Automotive Regulatory Credits %Chg

Automotive Regulatory Credits Common Size

Automotive Leasing

Automotive Leasing %Chg

Automotive Leasing Common Size

Total Automotive Revenues

Total Automotive Revenues %Chg

Total Automotive Revenues Common Size

Energy Generation and Storage

Energy Generation and Storage %Chg

Energy Generation and Storage Common Size

Services and Other

Services and Other %Chg

Services and Other Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Total Automotive Cost of Revenues

Total Automotive Cost of Revenues %Chg

Total Automotive Cost of Revenues Common Size

Total Cost of Revenues

Total Cost of Revenues %Chg

Total Cost of Revenues Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Research and Development

Research and Development %Chg

Research and Development Common Size

Selling, General and Administrative

Selling, General and Administrative %Chg

Selling, General and Administrative Common Size

Restructuring and Other

Restructuring and Other %Chg

Restructuring and Other Common Size

Total Operating Expenses

Total Operating Expenses %Chg

Total Operating Expenses Common Size

Income from Operations

Income from Operations %Chg

Income from Operations Common Size

Interest Income

Interest Income %Chg

Interest Income Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Other Income, Net

Other Income, Net %Chg

Other Income, Net Common Size

Income Before Income Taxes

Income Before Income Taxes %Chg

Income Before Income Taxes Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Net Income

Net Income %Chg

Net Income Common Size

Net Income Attributable to Noncontrolling Interests and Redeemable Noncontrolling Interests in Subsidiaries

Net Income Attributable to Noncontrolling Interests and Redeemable Noncontrolling Interests in Subsidiaries %Chg

Net Income Attributable to Noncontrolling Interests and Redeemable Noncontrolling Interests in Subsidiaries Common Size

Net Income Attributable to Common Stockholders

Net Income Attributable to Common Stockholders %Chg

Net Income Attributable to Common Stockholders Common Size

Net Income Used in Computing Net Income per Share of Common Stock

Net Income Used in Computing Net Income per Share of Common Stock %Chg

Net Income Used in Computing Net Income per Share of Common Stock Common Size

Basic

Basic %Chg

Basic Common Size

Diluted

Diluted %Chg

Diluted Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Research & Development Expenses

Research & Development Expenses %Chg

Research & Development Expenses Common Size

Other Operating Expenses

Other Operating Expenses %Chg

Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest and Investment Income

Interest and Investment Income %Chg

Interest and Investment Income Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Total Non-Operating Income

Total Non-Operating Income %Chg

Total Non-Operating Income Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Revenues	95,633	97,690	96,773	81,462	53,823	31,536	24,578	21,461	11,759	7,000.1	4,046
Total Revenues %Chg	-1.6%	0.9%	18.8%	51.4%	70.7%	28.3%	14.5%	82.5%	68%	73%	26.5%
Automotive Sales
Development Services
Automotive Regulatory Credits
Automotive Leasing
Energy Generation and Storage
Services and Other
Cost of Sales	79,369	80,240	79,113	60,609	40,217	24,906	20,509	17,419	9,536	5,400.9	3,122.5
Automotive Sales
Development Services
Automotive Leasing
Energy Generation and Storage
Services and Other
Gross Profit	16,264	17,450	17,660	20,853	13,606	6,630	4,069	4,042	2,223	1,599.3	923.5
Gross Profit
Gross Profit Margin	17%	17.9%	18.2%	25.6%	25.3%	21%	16.6%	18.8%	18.9%	22.8%	22.8%
Selling, General & Administrative Expenses	5,492	5,150	4,800	3,946	4,517	3,145	2,646	2,835	2,477	1,432.2	922.2
Selling, General and Administrative
Research & Development Expenses	5,904	4,540	3,969	3,075	2,593	1,491	1,343	1,460	1,378	834.4	717.9
Research and Development
Other Operating Expenses	339	684	—	176	-27	—	149	135	—	—	—
Restructuring and Other
Operating Profit	4,529	7,076	8,891	13,656	6,523	1,994	-69	-388	-1,632	-667.3	-716.6
Income from Operations
Operating Margin	4.7%	7.2%	9.2%	16.8%	12.1%	6.3%	-0.3%	-1.8%	-13.9%	-9.5%	-17.7%
Interest and Investment Income	1,673	1,569	1,066	297	56	30	44	24	19	8.5	1.5
Interest Income
Interest Expense	-349	-350	-156	-191	-371	-748	-685	-663	-471	-198.8	-118.9
Interest Expense
Non-Operating Income	768	695	172	-43	135	-122	45	22	-125	111.3	-41.7
Other Income, Net
Total Non-Operating Income	2,092	1,914	1,082	63	-180	-840	-596	-617	-577	-79	-159
Income Before Provision for Income Taxes	6,621	8,990	9,973	13,719	6,343	1,154	-665	-1,005	-2,209	-746.3	-875.6
Income Before Income Taxes
Provision for Income Taxes	1,479	1,837	-5,001	1,132	699	292	110	58	32	26.7	13
Provision for Income Taxes
Consolidated Net Income	5,142	7,153	14,974	12,587	5,644	862	-775	-1,063	-2,241	-773	-888.7
Net Income
Net Income Attributable to Minority Interests and Other	60	62	-23	31	125	141	87	-87	-279	-98.1	—
Net Income Attributable to Noncontrolling Interests and Redeemable Noncontrolling Interests in Subsidiaries
Net Income Attributable to Common Shareholders	5,082	7,091	14,997	12,556	5,519	721	-862	-976	-1,962	-674.9	-888.7
Net Income Attributable to Common Stockholders
Basic EPS	1.6	2.2	4.7	4	1.9	0.3	-0.3	-0.4	-0.8	-0.3	-0.5
Diluted EPS	1.4	2	4.3	3.6	1.6	0.2	-0.3	-0.4	-0.8	-0.3	-0.5
Basic Weighted Average Shares Outstanding	3,220.3	3,197	3,174	3,130	2,959	2,798	2,661	2,559	2,490	2,163.2	1,923
Total Shares Outstanding	3,325.8	3,216	3,185	3,164	3,099	2,879	2,715	2,589	2,532	2,423.4	1,971.4
Diluted Weighted Average Shares Outstanding	3,520.8	3,498	3,485	3,475	3,386	3,249	2,661	2,559	2,490	2,163.2	1,923
EBITDA	10,530	12,444	13,558	17,403	9,434	4,316	2,085	1,513	4	279.8	-294
Effective Tax Rate	22.3%	20.4%	-50.1%	8.3%	11%	25.3%	-16.5%	-5.8%	-1.4%	-3.6%	-1.5%