Revenue → Cost of revenue: $17.6BAuto → Revenue: $17.4BAuto sales → Auto: $16.5BCost of revenue → Auto costs: $14.2BRevenue → Gross profit: $3.7BGross profit → Operating expenses: $2.5BServices → Revenue: $2.3BCost of revenue → Service costs: $2.2BEnergy generation & storage → Revenue: $1.6BOperating expenses → SG&A: $1.4BCost of revenue → Energy costs: $1.2BGross profit → Operating profit: $1.2BOperating expenses → R&D: $1.2BOperating profit → Net profit: $1.1BLeasing → Auto: $0.5BRegulatory credits → Auto: $0.4BOperating profit → Tax: $0.4BInterest → Operating profit: $0.3BOther → Operating profit: $0.1BAuto sales: $16.5BAuto: $17.4BLeasing: $0.5BRegulatory credits: $0.4BRevenue: $21.3BEnergy generation & storage: $1.6BServices: $2.3BGross profit: $3.7BCost of revenue: $17.6BOperating profit: $1.6BOperating expenses: $2.5BNet profit: $1.1BOther: $0.1BSG&A: $1.4BR&D: $1.2BInterest: $0.3BAuto costs: $14.2BEnergy costs: $1.2BService costs: $2.2BTax: $0.4Bcreated with SankeyArt.comAuto sales$16.5B-13% Y/YAuto$17.4B-13% Y/YLeasing$0.5B-16% Y/YRegulatory credits$0.4B-15% Y/YRevenue$21.3B-9% Y/YEnergy generation & storage$1.6B7% Y/YServices$2.3B25% Y/YGross profit$3.7B-18% Y/YCost of revenue$17.6B-6% Y/YOperating profit$1.6B-48% Y/YOperating expenses$2.5B37% Y/YNet profit$1.1B-55% Y/YOther$0.1B-26% Y/YSG&A$1.4B28% Y/YR&D$1.2B49% Y/YInterest$0.3B49% Y/YAuto costs$14.2B-10% Y/YEnergy costs$1.2B-9% Y/YService costs$2.2B30% Y/YTax$0.4B57% Y/YTesla Q1 FY24 Income Statement