Tesla, Inc. (TSLA) FY2024 Annual P&L / Income Statement
2024-01-01 to 2024-12-31
Revenue by Business Segment
2024-01-01 to 2024-12-31
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Tesla, Inc. (TSLA) FY2024 Annual P&L / Income Statement
Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue and costs use their disclosed 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 segment revenue
- 87,604,000,000 US dollars
- Energy generation and storage segment revenue
- 10,086,000,000 US dollars
- Automotive segment cost of revenue
- 72,794,000,000 US dollars
- Energy generation and storage segment cost of revenue
- 7,446,000,000 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
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- 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.

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Gross margin
17.9%
Gross profit / revenue
Operating margin
7.2%
Operating profit / revenue
Cash conversion
208.6%
Operating cash / net income, same period
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