Tesla gross profit margin 91%. The automaker maintained this margin in 2022 Fiscal year is January-December. Apart from the impact on gross profit margin, Tesla's frequent price adjustments and pricing battles could give rise to other issues. Black Friday Sale: Up to 55% OFF CLAIM OFFER Feb 6, 2023 · BYD nears Tesla gross profit margin as it launches cheap Seagull mass market EV 04/29/2023 Volkswagen ID. So, Tesla also performed well in QoQ profit margin increase alone while other automakers are struggling to to show some profit on the balance sheet. 6% in the second quarter, compared with estimates of 16. Nov 10, 2023 · Automotive gross margin has also markedly improved from 15. 1% in the same period last year. From 2010 to 2024 Tesla Pretax Profit Margin quarterly data regression line had arithmetic mean of (71. If you're keeping score, that compares to the stellar 32. But now they’ve sunk to six-year lows. Gross Profit Margin (Quarterly) Range, Past 5 Years Jun 7, 2024 · As of 1Q 2024, Li Auto’s gross margin topped roughly 22%, while Tesla’s gross margin hovered around 18%. 3%. 1%, up 2. Tesla's gross profit margin cagr (3y) is -4. Get 20 years of historical gross profit margin charts for TSLA stock and other companies. Those gross margins came primarily from the automotive segment due to increased competition and reduced prices in 2023 as an attempt to quickly and further grow its market shares across the EVs industry and beyond. Current and historical gross margin, operating margin and net profit margin for Tesla (TSLA) over the last 10 years. The Gross Margin is the total revenue (equivalent to total sales) minus the cost of goods sold. Current and historical net profit margin for Tesla (TSLA) from 2010 to 2024. The increase in gross profit margin is partly due to the launch of BYD's new flagship car Hanhe modified flagship SUV Tang, and its Mar 27, 2023 · The formula for gross profit margin is: While gross profit describes the top line earnings of a company and is achieved by subtracting COGS from the revenue, gross profit margin takes that figure of gross profit, divides it by the revenue and multiplies the result by 100 to generate a percentage basis. 2%, down from a record 32. 5%. year on the stock market ensured a gross profit margin of just over 25 percent. 5%, which was already one of the Jul 22, 2022 · Tesla's gross profit margin on vehicles was reported at 27. 1% excluding $739 million in regulatory credits it sold to other carmakers, beating the 14. 4 percent in 2023. Tesla's operated at median gross profit margin of 21. Tesla's operated at median gross profit of 13. Oct 26, 2024 · Compared to Q2 2024, Tesla’s gross profit margin grew more than 9%. As of 4Q 2023, Tesla’s service gross margin arrived at 5. 5, up 7% compared to Tesla’s gross profit in Q2 2022. Global supply disruptions of automotive chips and other May 24, 2024 · Profit from additional features with an Employee Account Tesla's gross margin by segment 2021-2023; Tesla's domestic and international revenue 2018-2023; Tesla: vehicle deliveries by main Jul 19, 2023 · Tesla Gross Profit & Gross Margin. 35 Analysis of Tesla Inc 's third quarter 2024 to third quarter 2023 Gross Profit Margin, ranking within EV, Auto & Truck Manufacturers industry and Consumer Discretionary Sector, Gross Profit and Revenue quarterly change - CSIMarket Feb 10, 2024 · In fiscal 2023, Tesla’s automotive segment generated a gross profit of more than US$16. 18 percent from a year earlier, despite a 6. Global supply disruptions of automotive chips and other Sep 30, 2023 · Get the net profit margin charts for Tesla (TSLA). 9% a year earlier and the lowest since Q4 2019. Oct 24, 2024 · In the third quarter, Tesla's automotive business generated 160 basis points of gross profit margin expansion to 20. 50% for the most recently reported fiscal year, ending 2023-12-31 . 31% decline from 2022. Total revenues are at $80. Sep 30, 2024 · This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. 709B, a 6. 606B, a 105. 4 billion in gross profit. 9% in the quarter ended September, compared with 25. 3% a year ago. This may suggest increasing production or operating costs relative to sales. Feb 7, 2024 · Tesla’s gross margin changed from 19% in 2017 to over 25% in 2022. Tesla annual gross profit for 2023 was $17. 5 billion worth of electric vehicles, which left the company with $13. Our graphic only illustrates the net Get the detailed quarterly/annual income statement for Tesla, Inc. Dec 31, 2019 · Based on the gross profit margin data for Tesla Inc over the past five years, there has been variability in the company's ability to generate profits from its revenue. News Today's news Jul 26, 2014 · Say Tesla sells 20k cars per quarter next year at an ASP of $100k, that is $2B in revenue per quarter, at a gross profit margin of 28% (up 3%points from this quarter due to efficiency gains). Tesla achieved a gross profit of $4,578 million in Q2 vs $4,997 million in Q3. 9% gross margin in the first quarter of 2022 and -- more Segment profit margin = 100 × Gross profit ÷ Revenues = 100 × 1,141 ÷ 6,035 = 18. SG&A Expenses: The estimated annual SG&A expenses are assumed to be 13. At the end of 2023 the company had an Operating Margin of 10. 96%) Tesla Inc (NASDAQ:TSLA) Gross Margin ratio. 2%. A number at or around 17% would likely alarm investors. At the bottom of the ranking were Nio Inc. 5 per cent in Q1 2021. The current operating profit margin for Tesla as of September 30, 2024 is 7. 6% vs. 44 billion in the fourth quarter. 3%; Musk forecasts self-driving software to drive Tesla vehicles without human supervision next year 4 days ago · Tesla, Inc. 0% from fiscal years ending December 2019 to 2023. Total revenue fell 7. 354 billion, and automotive gross margins are at an impressive $28. 2 percentage points from a year ago as price cuts chewed into profits. com Tesla gross profit for the twelve months ending September 30, 2024 was $17. Read full definition. The current gross profit margin for Tesla as of September 30, 2024 is % . A healthy 29% profit margin is In depth view into Tesla Gross Profit Margin including historical data from 2010, charts and stats. gross profit margin ratio deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 exceeding Q1 2024 level. 3 percent, compared with expectations of 22. For Q1 2023, analysts had expected the company to report an auto gross margin of 23. 8 % to 96,773 $ millions. Jul 10, 2024 · Tesla’s overall gross profit was $3. 2 per cent from 24. 976 B / 4. […] Gross profit margin: Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Gross Profit Margin (Quarterly) Range, Past 5 Years Jul 22, 2022 · Tesla's gross profit margin on vehicles was reported at 27. 67% in 2025, and 12. Tesla's gross margin declined further to 17. Gross profit is also known as gross margin. 22 percent increase from the third quarter. Oct 22, 2024 · While the plots are zig-zagging in the chart, we can see that Tesla’s automotive gross margin has closely trailed General Motors’ gross margin. 97 (-3. 8%, the highest in a year, but still smaller than the peak of 29. So gross profit w. For instance, EV pure play Rivianhas negative profit margins. 6% vs Q123 of 11% vs Q422 of 16%. 3 per cent a year earlier, although it improved from 16. 853B, a 53. Read full Tesla bulls and bears fight over just about everything. Oct 24, 2024 · Tesla said Wednesday that it made $2. 4%, which was down from 19. 2024 was $25,182 Mil. Free The gross profit margin measures a company’s gross profit as a percentage of the revenue. Tesla’s massive profit generated by the automotive segment helps to cover operating expenses, pay off the company’s debt, generate tonnes of free cash flow, and possibly buy back shares and declare a dividend in the future. 04% of sales in 2023, 14. According to the Tesla pre-tax profit margin for the three months ending September 30, 2024 was . Key Takeaways. Apr 25, 2022 · Ford's (F-0. Tesla Debt To Equity Ratio, Capital Structure And Leverage Learn about Tesla's debt structure and leverage from the debt to asset and debt to equity ratio. Current and historical operating margin for Tesla (TSLA) over the last 10 years. 9%. 6 percent in Q2 2023. In terms of gross profit margin, BYD surpassed Tesla and other domestic car companies of the same level, such as SAIC, Geely Automobile and Great Wall Motor. Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue. Net profit margin can be defined as net Income as a portion of total sales revenue. 58 (+0. Although Tesla investors may use each financial statement separately, they are all related. 5% gross margin in 2022. Next up is just how much the auto company's gross-profit margin will pull in. Feb 7, 2024 · Tesla’s profit margin per car in 2023 was $8,279, compared to $9580 in 2022, over $6000 in 2021, and over $1700 in 2020. Overall, Pretax Profit Margin is expected to go to 0. Tesla's latest earnings report shows a decrease in gross profits in year-over-year comparisons. Find out the revenue, expenses and profit or loss over the last fiscal year. Tesla’s Q1 operating margins are 5. Looking back at the last 5 years, Tesla's gross profit margin peaked in December 2022 at 25. 5% for Q3 2024. Charts: gross margin, EBIT, Net Income, EBITDA, ROE, ROA, etc. 9%, up slightly over 3. Apr 22, 2022 · This has never been more apparent than this last quarter when Tesla reported a record automotive gross profit of 32. S&P 500 +---% | Stock While Tesla's gross and operating margins declined, the company reported record net Jun 7, 2024 · As of 1Q 2024, Li Auto’s gross margin topped roughly 22%, while Tesla’s gross margin hovered around 18%. The gross profit margin decreased from 23. See how Gross Margin has changed over time and compare its current value with the distribution of Gross Margin across competitors. 2 percent compared to 25 percent for the same quarter in 2022. Quant Ratings. 59-13. The drop in gross margin was due to Tesla’s EV price cuts, which were Tesla's latest twelve months gross profit is 17. Operating Margin history for Tesla from 2009 to 2024 Mar 30, 2021 · Tesla's compound gross profit margin in 2020 was 20. 4 is now one of the cheapest electric SUVs in the US as it gets full tax credit subsidy by Jul 23, 2024 · Tesla recorded automotive gross margin excluding regulatory credits of 14. Segment profit margin = 100 × Gross profit ÷ Revenues = 100 × 1,141 ÷ 6,035 = 18. The gross profit margin then takes that figure and divides it by revenue to get a Nov 22, 2024 · The news is stealthy bullish for Tesla because the tax credit removal will have more of an impact on low-margin EV competitors. However, in fiscal year 2023, the automotive gross profit declined by over 20% to $13. 9% gross margin in the first quarter of 2022 and -- more Apr 20, 2024 · The analysis section scrutinizes Tesla's financial performance, emphasizing key metrics such as gross profit margin (GPM), operating profit margin (OPM), and net profit margin (NPM). 6% in Q1 2022, an expansion of 1010 bp, while Tesla’s margins have contracted 1390 bp since peaking that same quarter at 29. gross profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. 83% in 2024, 13. Stock Screener Tesla net profit margin for the three months ending September 30, 2024 was . Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Tesla said its gross profit margin in the quarter was 17. Vehicle Margin: Vehicle margin is defined as automotive gross profit as a ratio of automotive revenue. 5 per cent, which is up from 28. 53 -5. 10% vs Q422 of 25. This assumption is based on Tesla's historical gross profit margin and the company's ability to maintain this margin through economies of scale and operational efficiencies. Oct 19, 2023 · Tesla reported gross margin of 17. Current and historical pre-tax profit margin for Tesla (TSLA) from 2010 to 2024. 8 percent in the same period in 2022, due to price cuts and incentives offered to spur demand. 26% increase from 2021. It was the lowest profit margin reported by Tesla since the end of 2020, when its operations were being significantly impacted by the early months of Apr 19, 2023 · Elon Musk-led Tesla reported a total gross profit margin of 19. Tesla Inc (TSLA) 389. Tesla wrote in its profitability report: Sep 7, 2023 · Tesla's auto gross profit margins excluding regulatory credits peaked at 30% in Q4 2021. 9% consensus of analysts Tesla surprised Wall Street with strong profit margins and a projection that it would sell a record number of electric vehicles this year, confounding predictions of a sales May 16, 2024 · Before making a profit, Tesla’s energy mostly had negative gross margins, illustrating the unprofitable nature of the company’s energy business. 71% in 2023. Apr 25, 2019 · In the first quarter, Tesla’s consolidated gross profit stood at $566 million, down 60. The formula to calculate gross profit margin and an example calculation for Rivian Automotive’s trailing twelve months is outlined below: Gross Profit Margin = Gross Profit / Total Revenue −43. Jul 21, 2023 · Telsa had a reported Q223 automotive gross margin of 19. , gross profit by reportable segment. 17 billion from July through September, more than the $1. Automotive gross profit margins excluding regulatory credit sales came in at 17. 90%. 2024 was $4,997 Mil. Calculated as: Net Income / Total Revenues Calculated as: Net Income / Total Revenues Tesla, Inc. 8%. 709 billion; Tesla's gross profit for fiscal years ending December 2019 to 2023 averaged 12. 06%) has posted massive profit growth. 71% in 2026. Company Focused on Long-Term Growth Jan 3, 2025 · Tesla, Inc. Jul 19, 2023 · Even at current depressed levels Tesla’s gross profit margins exceed most traditional carmakers. It was only with the launch of Model 3, Tesla’s most critical high-volume vehicle, that margins dived under 20% and even approached 15% during the most challenging volume ramp. 9%: Tesla’s gross margin went up from 26. 98%. In this section, you can make a direct comparison between the gross and net margins of TSLA. 92%) average profit margin during this period was 3. 6 percent in the fourth quarter, down from 17. Oct 20, 2021 · On Wednesday in the US it reported gross profit margin for the September quarter climbed to 30. Oct 29, 2024 · When the stock was at all-time highs in 2021 and early 2022, Tesla was reporting more than $14,000 in gross profit per vehicle, or automotive gross margins in the high-20% range, topping 30% once. Gross margin is defined as the difference between the sale price of a product Gross profit is a required income statement account that reflects total revenue of Tesla Inc minus its cost of goods sold. Oct 29, 2024 · Profit Per Car = Automotive Gross Profit / Vehicle Sales. Find out the revenue, expenses and What is Tesla Gross Margin %? Gross Margin % is calculated as gross profit divided by its revenue. 41 ( -1. The formula to calculate gross profit margin and an example calculation for BYD’s trailing twelve months is outlined below: Gross Profit Margin = Gross Profit / Total Revenue 20. 3% in the same January-March period, a feat that would've been unthinkable just last year. Tesla Inc (TSLA) Gross Profit Margin (Quarterly) Feb 26, 2022 · Over the past several years, Tesla (TSLA-4. So, Tesla's margin of 13. 1% a year earlier, when it had yet to start the price cuts. 8 bn), leading to an EBIT of $2. Tesla’s low gross margin in the energy segment is due to the high costs of production/installation. 19. 66B, a 15. Dec 31 Tesla Inc (NASDAQ:TSLA) profitability analysis, historical growth, margins, return on capital ratios, free cash flow, and more. and Xpeng. Feb 20, 2023 · Tesla has a few aces up its sleeve, and one of these is a much-misunderstood accounting concept called gross margin. ) In general, margins on EVs are already squeezed as automakers deal with rising materials costs and expensive plant retooling. Tesla's Revenue for the three months ended in Sep. 9% in Q2 2022. (TSLA). (TSLA) had Profit Margin of 15. It is the profit a company makes after deducting the costs associated with making and selling its In depth view into Tesla Gross Profit Margin (Annual) including historical data from 2010, charts and stats. 100% free, no signups. As you may be aware, the gross margin typically exceeds the net margin because it doesn't account for variables such as taxes and interest. Feb 7, 2024 · Tesla’s gross margin changed from 19% in 2017 to over 25% in 2022 before going back to 18,2% in 2023. Jun 27, 2024 · Gross profit margin is the profit a company makes expressed as a percentage. As recently as 2019, the electric vehicle pioneer was unprofitable under generally accepted accounting principles These documents include Tesla income statement, its balance sheet, and the statement of cash flows. 25 % due to increase in Cost of Sales and despite Revenue increase of 18. Tesla Inc (TSLA) 394. Nov 9, 2022 · Tesla’s profit margin per vehicle for Q3 2022 was eight times what Toyota brought in, In China, gross margins for the Model 3 and Model Y reached as high as 39 and 29. Tesla’s worrying China sales figures indicate demand for its vehicles is Mar 31, 2024 · Gross profit 3,696 4,511 Operating expenses Research and development 1,151 771 Selling, general and administrative 1,374 1,076 Total operating expenses 2,525 1,847 Income from operations 1,171 2,664 Interest income 350 213 Interest expense (76) (29) Other income (expense), net 108 (48) Income before income taxes 1,553 2,800 Jan 29, 2023 · Tesla reported lower profit margins but plans for its pace of growth to continue. Looking back at the last 5 years, Tesla's gross profit peaked in December 2022 at 20. 987 B / 97. Tons of financial metrics for serious investors. It is profit before Tesla operating expenses, interest payments and taxes. 551 B Jan 25, 2024 · Tesla’s gross profit margin fell to 17. 4 percentage points from the second quarter and up almost 1 percentage point year over year. Sep 7, 2023 · Tesla's auto gross profit margins excluding regulatory credits peaked at 30% in Q4 2021. 4 per cent in the previous quarter and 26. During the post-pandemic periods which was after 2021, Tesla’s automotive gross margin significantly exceeded GM’s. Meanwhile, Q223 group operating margins were of 9. 9% Q3 2023 gross margin with gross profit down 22% from Q3 2022. Tesla’s automotive gross margin surpassed 20% consecutively in 2021 and 2022. Oct 24, 2024 · The company’s energy division reported a record gross margin of 30. Jan 5, 2021 · Tesla’s new Giga Shanghai-produced Model Y has a 29. View unique business metrics for Tesla (TSLA) stock, including revenue by segment, gross margin by segment, gross profit by segment. Tesla Inc (TSLA) 338. 6%. 4% = -1. 3 per cent in the third quarter. S&P 500 +---% | Stock While Tesla's gross and operating margins declined, the company reported record net Oct 18, 2023 · Tesla (TSLA) reports 17. For the full year, Tesla reported net income of almost $15 billion including the one-time tax benefit. 29%, according to 20 analysts polled by Visible Alpha. 7 billion in Q1, with a gross margin of 17. 4 percent, according to 14 analysts polled by Refinitiv. 462 billion, with total gross profit for 2022 at $20. A company with modest sales and high gross margin is in a good position to become more profitable if Jan 25, 2023 · Automotive gross profit is at $20. As Tesla was working toward mass manufacturing in 2020, the company’s profitability per car increased massively between 2020 and 2023, though in an attempt to gain market shares, it decreased in 2023 compared to 2022. 44 billion in the fourth quarter, down 23. 79% decline year-over-year. Tesla investors use historical funamental indicators, such as Tesla's Gross Margin, to determine how well the company is positioned to perform in the future. The current Tesla net profit margin as of September 30, 2024 is 13. All values USD Millions. The drop in gross margin was due to Tesla’s EV price cuts, which were 3 TESLA MOTORS INC's Net Profit Margin vs. Feb 9, 2023 · The analyst was referencing Tesla’s 20% gross margin, which is a tall order to beat. Annual Gross Margin Comment Tesla Inc 's sequentially deteriorated to 18. May 16, 2024 · Before making a profit, Tesla’s energy mostly had negative gross margins, illustrating the unprofitable nature of the company’s energy business. Oct 24, 2024 · Not only is the energy-generation and storage business growing rapidly, but on a relative basis it’s also significantly more profitable for Tesla than selling cars: the company reported a 31% gross profit margin from its energy efforts, nearly double the 16% from automotive sales. 4 billion. Total gross profit was a bit more than $4. 6% for the quarter, down 6. US$ in millions. That is $560M in gross profits per quarter. 37% ) USD | NASDAQ | Jan 10, 11:59 See full list on stockdividendscreener. Companies with similar Annual Gross Margin in the Fiscal Year ending Dec 31 2023, within EV, Auto & Truck Manufacturers Industry Jan 29, 2023 · Tesla reported lower profit margins but plans for its pace of growth to continue. 86% for this past quarter is actually nearing Tesla's gross margin of 19. Tesla’s energy business reached a record gross margin with a sequential increase of 596 bps despite lower Apr 19, 2023 · Tesla reported a gross profit margin of 19. (TSLA) NASDAQ: TSLA · Real-Time Price · USD. 2% vs Q123 of 21. 3% in the quarter, a Dec 31, 2014 · Tesla defines gross margin similarly to most other companies outside the automotive industry by including R&D in Operating Expenses (OpEx) rather than Cost Dec 9, 2024 · Gross profit describes a company's top-line earnings; that is, its revenues less the direct costs of goods sold. 564 billion. Operating profit margin: A profitability ratio calculated as operating income divided by revenue. 9 per cent. Automotive gross margin, excluding regulatory credits – a closely watched figure – dropped to 17. Oct 21, 2024 · Discover Tesla's automotive gross profit, gross profit per vehicle and gross margin per car. 5 Jan 25, 2024 · This chart shows the yearly net income and revenue of Tesla. Musk told analysts that if interest rates rise further this year, Tesla would cut prices again so Oct 10, 2024 · This chart shows the automotive gross margin of Tesla from Q1 2021 to Q2 2024. 4 percent, respectively Apr 29, 2023 · BYD's profit margin of 17. 1% in the first quarter of 2022. (Historically, a gross margin for Ford of 14% on the sale of the car is healthy. 71% in 2023, which indicates a reduction in the percentage of revenue retained after accounting for the cost of goods Oct 8, 2020 · Non-Operating Expenses & Net Margins. 1 billion. Tesla's latest twelve months gross profit margin is 18. A third key overarching financial figure is gross margin (using Tesla, Inc. 15%) May 2, 2023 · Tesla gross profit margin (Tesla 10K) Other operating expenses were quite in line with the previous year (-1% at $1. 9% in the third quarter, falling from 25. Read Tesla Continuous Share Issuance Is Set To Dilute Common Stocks Further Jul 23, 2024 · Tesla's Q2 automotive gross margin to 14. 6% = 19. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing. 88 billion, down 23% from 2022. The final net income for Q1 2023 was $2. Apr 15, 2024 · Gross margin for Tesla's automotive sales and leasing increased to around 19. 4% gross margin, according to Guosen Securities, who analyzed the cost of building the car compared to its selling price. 3% to $23. Automotive gross-profit margins peaked at about 30% in the first quarter of 2022. Firstly, they might lead to consumer diss atisfaction. Dec 31, 2019 · Tesla Inc's profitability ratios indicate a fluctuating trend over the past five years. 65%. Read full Jul 10, 2024 · Tesla’s overall gross profit was $3. 4 percent in Q1 Sep 30, 2024 · In depth view into Tesla Profit Margin (Quarterly) including historical data from 2010, charts and stats. . 1% driven by deliveries growth; lower cost per vehicle—including lower raw Jan 25, 2024 · Tesla’s gross profit margin fell to 17. Sep 30, 2023 · Get the gross profit margin charts for Tesla (TSLA). The gross profit margin, which measures the percentage of revenue remaining after deducting the cost of goods sold, has shown a slight decrease from 23. Those gross margins came primarily from the automotive segment, which generated over $20 billion in gross profits at a 28. Gross Margin by Segment; Gross Profit by Segment; Per Vehicle Returns; MSRP by Base Model; Vehicles Oct 17, 2024 · Tesla’s automotive gross profit has significantlt risen over the years, reaching a record high of $17. Tesla's profit margin fell below 20 percent at the beginning of last year, then below 15 percent in the second Dec 31, 2023 · Profit Margin: Net Income as a portion of total sales revenue. The gross profit margin measures a company’s gross profit as a percentage of the revenue. Gross Margin. In hindsight, special factors contributed to that. Tesla annual gross profit for 2021 was $13. 02% . 9 percent in the third quarter and from 23. The company’s widely watched gross profit margin, the percentage of revenue it gets to keep after expenses, rose to 19. 6 percent in Q2 2022 to 9. 6 billion in fiscal year 2022. It was also higher than the traditional Feb 3, 2023 · Tesla’s price cuts are an attempt to protect its market share, but they’re not exactly the desperation move some media outlets have claimed them to be. 226 B Jan 21, 2024 · Tesla’s automotive sector is one of the most profitable segments, with a gross margin exceeding 20%. View All Fundamentals Jan 25, 2023 · Tesla Model S profit margins eventually skyrocketed back to around 25%, before the launch of Model X sent collective gross margins closer to 20%. analysts' estimates of 16. 2023 2022 2021 2020 2019 5-year trend; Sales/Revenue: 96,773: 81,462: 53,823: 31,536: 24,578 Feb 25, 2024 · Tesla’s services gross margin has significantly improved from unprofitable to profitable since 2019. 1% is way higher than what automakers generate on average. 8% from the company’s gross profit of $1. View Tesla Inc's Gross Profit Margin CAGR (3y) trends, charts, and more. This was the lowest since the According to Tesla's latest financial reports and stock price the company's current Operating Margin is 8. 2%; Tesla's gross profit margin for fiscal years ending December 2019 to 2023 averaged 21. Current and historical gross margin for Tesla (TSLA) over the last 10 years. Vehicle sales represent vehicle wholesale in the case of Ford Motor and vehicle retail volume excluding leasing in the case of Tesla. DATA PROVIDED BY S&P GLOBAL MARKET Jan 26, 2023 · Many auto analysts strip out those credits when calculating the profit margins Tesla achieves on its automotive operations. Sep 30, 2023 · An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing. (TSLA) profitability grade and underlying metrics. Excluding it, the company made $10. Tesla’s Non-Operating Expenses, which include Interest Expenses, net of Interest Income and Other Expenses, have increased from about $80 million in 2016 to 5 days ago · Tesla, Inc. Operating margins also fell, from 14. Tesla reported Q3 gross margin that narrowed -- profitability decreased -- as the cost of revenue fell, but by a little less than revenue. (TSLA) NASDAQ: TSLA · Real-Time Price · USD Gross Profit by Segment; Gross Margin by Segment; Per Vehicle Returns; Gross Profit Per Oct 24, 2024 · Tesla said it reduced the cost of goods per vehicle to its lowest level yet, about $35,100. The gross margin of both EV makers have significantly plummeted in recent periods, highlighting the decrease in profitability of both companies. 11 this year. 47% . Gross profit margin: Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. 07% . Oct 18, 2023 · Tesla’s gross margin dropped to 17. 22% increase from 2020. (TSLA) NASDAQ: TSLA · Real-Time Price · USD Gross Margin by Segment; Gross Profit by Segment; Operating Expense Breakdown; Tesla Gross Margin by Jan 31, 2022 · Tesla's gross profit margin is one of the highest in the industry, it turns out, as it costs Tesla just US$36,000 on average to build one of its electric vehicles. 5 billion, roughly 15X higher than the energy segment’s gross profit of only US$1. Dec 31 Jan 24, 2024 · "Tesla delivered another underwhelming quarter, with a notable miss on automotive gross margins standing out the most. Ford has its work cut out for it. Tesla's Gross Profit for the three months ended in Sep. Sep 30, 2024 · In depth view into Tesla Gross Profit Margin (Quarterly) including historical data from 2010, charts and stats. 94% in 2022 to 16. 606 billion from fiscal years ending December 2019 to 2023. Get 20 years of historical net profit margin charts for TSLA stock and other companies. Jan 26, 2022 · With deliveries up nearly 90 percent over 2020’s figures, Tesla achieved “the highest quarterly operating margin among all volume OEMs,” in 2021. Gross profit margin is an analytical metric calculated as a company’s net sales minus the cost of Sep 30, 2024 · An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing. Recent data compiled by Reuters shows that Tesla’s margins are significantly higher than those of its rivals, both in terms of gross and net profit. Feb 8, 2024 · In 2023, it cost Tesla $65. Tesla is expected to produce automotive gross-profit margins, excluding regulatory credits, of just below 18% in the third quarter, down a little compared with the second quarter. Tesla’s automotive gross margin fell to 24. Jan 25, 2024 · Tesla reported gross profit of $4. 6 bn. Tesla's Pretax Profit Margin is increasing over the years with slightly volatile fluctuation. 85 billion profit it posted in the same period of 2023. 43) and r-squared of 0. Tesla annual gross profit for 2022 was $20. Apr 20, 2023 · Tesla's automotive gross margins, a key figure for investors and analysts, dropped significantly. Jan 15, 2020 · A new report by equity research firm suggests that Tesla’s gross margin for Made-in-China (MIC) Model 3 could increase to 40 percent or even higher, and with higher profit margins, the electric Apr 23, 2024 · The company’s profit margins were once the envy of the auto industry. Get 20 years of historical average gross profit margin charts for TSLA stock and other companies. It’s also down from Q2 when it reported margins of 18. Jan 25, 2024 · In the third quarter, Tesla posted a gross margin of 17. Tesla Inc. 1 billion to manufacture and sell $78. 5% from a year ago. Get the average gross profit margin charts for Tesla (TSLA). 94 +0. 853 billion. 5 percent, down from 11. Jul 20, 2023 · Tesla's total GAAP gross margin fell to 18. sozkd ifgf wsqj wqod abug lqat aeyoo eunm olycxhc uwyi