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Revenue → Cost of revenue: $77.7B
Auto → Revenue: $69.5B
Auto sales → Auto: $65.8B
Cost of revenue → Auto costs: $57.2B
Revenue → Gross profit: $17.1B
Energy generation & storage → Revenue: $12.8B
Gross profit → Operating expenses: $12.7B
Services → Revenue: $12.5B
Cost of revenue → Service costs: $11.6B
Cost of revenue → Energy costs: $9.0B
Operating expenses → R&D: $6.4B
Operating expenses → SG&A: $5.8B
Gross profit → Operating profit: $4.4B
Operating profit → Net profit: $2.5B
Regulatory credits → Auto: $2.0B
Leasing → Auto: $1.7B
Operating profit → Tax: $1.4B
Interest → Net profit: $1.3B
Operating expenses → Restructuring: $0.5B
Operating profit → Other: $0.4B
Auto
$69.5B
-10% Y/Y
Auto costs
$57.2B
-9% Y/Y
Auto sales
$65.8B
-9% Y/Y
Cost of revenue
$77.7B
-3% Y/Y
Energy costs
$9.0B
20% Y/Y
Energy generation & storage
$12.8B
27% Y/Y
Gross profit
$17.1B
-2% Y/Y
Interest
$1.3B
-14% Y/Y
Leasing
$1.7B
-6% Y/Y
Net profit
$3.9B
-43% Y/Y
Operating expenses
$12.7B
23% Y/Y
Operating profit
$4.4B
-38% Y/Y
Other
$0.4B
R&D
$6.4B
41% Y/Y
Regulatory credits
$2.0B
-28% Y/Y
Restructuring
$0.5B
-28% Y/Y
Revenue
$94.8B
-3% Y/Y
SG&A
$5.8B
13% Y/Y
Service costs
$11.6B
17% Y/Y
Services
$12.5B
19% Y/Y
Tax
$1.4B
-23% Y/Y
Tesla FY25 Income Statement
2020
Full Year
2021
Full Year
2022
Q3
Q4
Full Year
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3
Full Year
2025
Q1
Q2
Full Year
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