Tesla, Inc. (TSLA) FY2024 Annual P&L / Income Statement

Tesla, Inc. (TSLA) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Product and service (6 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

97,690,000,000 US dollars

Total cost of revenues

80,240,000,000 US dollars

Gross profit

17,450,000,000 US dollars

Total operating expenses

10,374,000,000 US dollars

Income from operations

7,076,000,000 US dollars

Other income (expense), net (calculated)

1,914,000,000 US dollars

Income before income taxes

8,990,000,000 US dollars

Provision for (benefit from) income taxes

1,837,000,000 US dollars

Net income

7,153,000,000 US dollars

Automotive leasing

1,827,000,000 US dollars

Energy generation and storage leasing

522,000,000 US dollars

Automotive sales

72,480,000,000 US dollars

Automotive regulatory credits

2,763,000,000 US dollars

Energy generation and storage sales

9,564,000,000 US dollars

Services and other

10,534,000,000 US dollars

Research and development

4,540,000,000 US dollars

Selling, general and administrative

5,150,000,000 US dollars

Restructuring and other

684,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Tesla, Inc.: $7.09 B; to noncontrolling interests: $62.00 M.