Net income attributable to Tesla’s common stockholders was nearly **** billion U.S. dollars, while net income related to noncontrolling interests amounted to ** million U.S. dollars in 2024. This was the fourth year the company turned a full-year profit, after reaching that goal in 2020. The fiscal year end of the company is December, 31st. Focus on innovation drives costs 2020 was the first time that Tesla turned a full-year profit. Previously, net losses had begun to accelerate in 2014, and so did research and development (R&D) expenses. Between 2014 and 2024, Tesla’s research and development expenses increased more than nine-fold from about *** million to over *** billion U.S. dollars. The company's R&D intensity peaked at ** percent in 2017, a striking value compared to GM's **** percent. Tesla's high R&D spending was largely due to the focus on innovative technologies, including electric vehicle batteries and charging infrastructure. In addition to these costs, the company also had to invest significantly more capital than expected towards ramping up production of its Model 3 and Model Y. As a result of increasing demand for Model 3 batteries, Tesla has also begun pouring money into Gigafactory plants in Shanghai, Texas, and Berlin-Brandenburg. Tesla's earnings topped estimates in 2023 with net income reaching nearly ** billion U.S. dollars for the first time. Cost trend   Tesla's selling, general, and administrative (SG&A) expenses jumped from *** billion U.S. dollars in 2016 to more than *** billion U.S. dollars in the following year. SG&A expenses increased moderately to reach around **** billion U.S. dollars the most recent fiscal year.

Tesla revenue for the twelve months ending March 31, 2025 was $95.724B, a 1.03% increase year-over-year. Tesla annual revenue for 2024 was $97.69B, a 0.95% increase from 2023. Tesla annual revenue for 2023 was $96.773B, a 18.8% increase from 2022. Tesla annual revenue for 2022 was $81.462B, a 51.35% increase from 2021.

Tesla reported $409M in Net Income for its fiscal quarter ending in March of 2025. Data for Tesla | TSLA - Net Income including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Tesla net income/loss for the twelve months ending March 31, 2025 was $15.032B, a 47.37% decline year-over-year. Tesla annual net income/loss for 2024 was $7.153B, a 52.23% decline from 2023. Tesla annual net income/loss for 2023 was $14.974B, a 18.96% increase from 2022. Tesla annual net income/loss for 2022 was $12.587B, a 123.02% increase from 2021.

Tesla’s revenue grew to nearly **** billion U.S. dollars in the 2024 fiscal year, a *** percent increase from the previous year. The United States is Tesla's largest sales market. The fiscal year end of the company is December, 31st. Revenue rises on model additions Nearly **** billion U.S. dollars of the company's revenue is generated from Tesla's automotive segment, which includes the design, manufacturing, and sales of vehicles. As of November 2023, the electric vehicle (EV) maker has a model range that includes the Tesla Model S, Tesla Model X, Tesla Model 3, Tesla Model Y, and the tesla Cybertruck. Model 3 legacy The Model Y has emerged as Tesla's best-selling vehicle, leading the ranking in worldwide plug-in vehicle sales in 2024. In June 2021, the Model 3 became the first electric car to pass *********** global sales.Much of Tesla’s spending has specifically been on production of its Model 3 and Model Y, a strongly popular vehicles with high demand. One response to this surge in popularity for the Model 3 was Tesla’s 2018 purchase of land for the construction of a Gigafactory in Shanghai, China. A factory within China provides Tesla steady access to the Chinese electric vehicle market, a consistency welcomed in the midst of tensions between the U.S. and China over trade policies.

Revenue generated by Tesla increased to around **** billion U.S. dollars in the 2024 fiscal year, with the United States spearheading demand. The U.S. generated about **** billion U.S. dollars in revenue for Tesla, just over ***** percent of the overall total. This compares to revenue of approximately **** billion U.S. dollars from sales in China, the second-largest revenue generator. Tesla’s industry rankings In recent years, General Motors and Toyota held the highest percentage of market share among vehicle manufacturers in the United States. Despite holding only a small percentage of the market, Tesla excels within the electric vehicle segment. Tesla’s Model Y sold the largest number of all-electric vehicle units globally in 2024. Tesla company overview Tesla is an electric vehicle company that was founded in 2003 in the United States. The company also manages some energy generation and storage services for its consumers. Tesla’s electric vehicles are produced in Fremont, California in the United States. A large proportion of Tesla’s revenue streams is derived from automotive sales (excluding leasing). Tesla also invests in research and development: Tesla’s R&D expenses peaked in 2024.

Tesla's total revenue streams reached approximately **** billion U.S. dollars in 2024, with automotive sales accounting for around **** billion U.S. dollars. Tesla, which began as Tesla Motors in 2003, is the second best-selling brand of plug-in electric vehicles worldwide. New models drive automotive sales segment growth Tesla delivered around *** million new vehicles to customers in 2024. That year, the new Model 3 and Model Y products accounted for the largest share of shipments. Automotive sales are Tesla's strongest growth driver, accounting for about **** percent of revenue in 2024. Automotive sales revenue decreased by around ***** percent year-on-year. No loss on vision Tesla produced operating profit for the first time in 2020, a value which stood at nearly **** billion U.S. dollars in 2024. The implementation of large-scale assembly lines is suggested to gain momentum with a European factory: Tesla is investing in a new manufacturing plant in Berlin-Brandenburg. In addition to this, China is expected to become Tesla’s second largest market. China is currently the largest electric vehicle (EV) market and home to some of Tesla’s largest competitors.

In fiscal year 2024, Tesla's revenue by geographical region are as follows: CHINA: $20.94 B, Other Countries: $29.02 B, UNITED STATES: $47.73 B.

Tesla reported $22.5B in Sales Revenues for its fiscal quarter ending in June of 2025. Data for Tesla | TSLA - Sales Revenues including historical, tables and charts were last updated by Trading Economics this last July in 2025.

The price of Tesla shares traded on the Nasdaq stock exchange remained rather stable between July 2010 and January 2020. With the beginning of 2020, the price of Tesla share increased dramatically and stood at ****** U.S. dollars per share in November 2021. Since then, the price of Tesla share fluctuated significantly and reached its peak at ****** U.S. dollars per share in December 2024, before falling dramatically in February 2025. Why did Tesla's stock value go up in 2020? Despite the effects of the pandemic, Tesla share prices experienced a massive increase in 2020. Tesla kept increasing its output levels throughout the year, except for the second quarter, and released its new vehicle Tesla Model Y. Additionally, when the company was added to the S&P 500 index in August 2020, it instilled further trust in investors. In 2020, Tesla was the top-performing stock on the S&P 500 index, and two years later, in 2024, it ranked among the ten largest companies on the index by market capitalization. Steady growth in the last decade Founded in 2003, Tesla primarily focuses on designing and producing electric vehicles, as well as energy generation and storage systems. Since then, Tesla's revenue has steadily increased, reaching nearly ** million U.S. dollars in 2024. Most of the revenue came from automotive sales in 2024. Tesla's first electric car, the Roadster, was sold between 2008 and 2012. Currently, the company offers four primary electric vehicles: Model 3, Model Y, Model S, and Model X.

Tesla's energy generation and storage segment generated ** billion U.S. dollars in revenues in 2024. Since 2015, the automotive company has stepped up sales by its power segment, with a particularly notable increase in revenues following the acquisition of SolarCity at the end of 2016. Before it was acquired by Tesla, SolarCity generated a revenue of ****** million U.S. dollars.

The Toyota Motor Corporation’s net revenue rose by some *** percent year-on-year and grew to just under ***** trillion Japanese yen in the fiscal year ended March 2025. The fiscal year-end of the company is March, 31st. Recovering from the semiconductor shortage Toyota's net revenue has fully recovered from the dip recorded in its 2020 and 2021 fiscal years, which was due to the COVID-19 pandemic. The company's revenue were at their highest across the recorded period between April 2024 and March 2025. However, Toyota Motor Corporation's operating income and operating margin had both gone down. This was partly due to fluctuating production plans due to tight semiconductor supplies and rising raw material prices. By 2023, the company had recovered from the financial impact of these crises, and 2024 was the best year on record for the company's operating income. While profits dropped in 2024, they remained above their pre-pandemic levels.  Hopes for an American recovery Toyota's motor vehicle sales amounted to over **** million units between January and December 2024, growing slightly compared with the previous year. Japan and North America are Toyota's largest regional markets. In 2020, North America was severely affected by the coronavirus outbreak in the United States, the largest market in North America. U.S. vehicle sales fell to around **** million units in 2020. By 2024, the U.S. market had recovered from the crises, and Toyota also recorded an uptick in its North American sales compared to pre-pandemic levels, despite the drop recorded from its 2024 to its 2025 financial year. The Japanese brand faces stiff competition from national brands such as General Motors and Tesla.

The Automotive industry has endured unpredictable conditions over the past five years. Companies throughout the industry, including manufacturers, wholesalers, retailers and repairers, downsized operations after pandemic restrictions caused temporary facility closures. Global supply chain disruptions led to shortages of critical inputs, particularly semiconductors. Reduced motor vehicle imports amid these disruptions weakened wholesalers' and retailers’ sales. However, on the back of these disruptions, demand for motor vehicles surpassed supply over the three years through 2022-23, enabling wholesalers and retailers to pass on inflated costs to consumers through heightened motor vehicle prices, supporting the industry. Strong uptake of EVs and the recent shift in consumer preferences towards SUVs and EVs have helped industry businesses recover their profit margins by catering towards these trends. This also supported the industry’s recovery from severe semiconductor supply shortages, elevating industry revenue over the two years through 2023-24. Intense competition in the Automotive industry has encouraged more companies to pursue differentiation strategies. Competitively priced imports have increased while industry exports have dipped, pressuring manufacturers to sustain revenue and profit by manufacturing value-added products to avoid price wars. Stable growth in the domestic freight task has supported sales for industry companies, from manufacturers of components, parts and accessories to truck and bus producers to repairers. Fluctuating consumer sentiment and real household discretionary income have been constraining the industry’s performance, contributing to an anticipated 0.8% revenue slip in 2024-25. Overall, revenue is expected to have climbed at an annualised 1.4% over the five years through 2024-25 to $183.4 billion. An improving trading landscape is set to stimulate the Automotive industry. Easing cost-of-living pressures and rising real household discretionary income will raise revenue from households. A forecast hike in imports can benefit wholesalers and retailers, while a rebound in exports will help elevate manufacturers’ sales. Ongoing electric vehicle uptake is set to fuel new vehicle purchases, supporting forecast annualised growth in revenue of 1.5% over the five years through 2029-30 to $198.0 billion.

With average net profit margins of around *** percent, Great Wall and Subaru had the highest average net profit margin in the five years leading up to 2020. Meanwhile, Tesla fared worst, with an average net profit margin of about **** percent.

In 2024, Tesla's brand value amounted to **** billion U.S. dollars, up from around ** billion dollars a year earlier – an annual increase of roughly six percent. The most valuable automotive brand worldwide: Tesla Established in 2003 and headquartered in Austin, Texas, automotive and clean energy giant Tesla ranked eighth among the largest companies worldwide by market capitalization as of May 2023. The holding was the largest brand from the auto sector on the list. The global powerhouse generated revenue of ***** billion dollars in the 2023 fiscal year worldwide, an increase of ** percent from the previous fiscal year. Spotlight on the electric vehicles sector Although conventional automobiles still prevail, the popularity of electric vehicles (EVs) continues to rise. During the five years between 2017 and 2022, the global market share of electric vehicles within passenger car sales went from *** to ** percent. In 2023, Tesla ranked second among the best-selling electric vehicle manufacturers worldwide after Chinese manufacturer BYD. Tesla had a market share of ** percent that year, while BYD's share stood at ** percent.

As of 2023, electric vehicle sales revenue in the United Arab Emirates reached approximately *********** U.S. dollars. Apart from 2018 and 2019, revenue from electric vehicle sales has continued to increase from 2016. This trend is forecast to sustain itself for at least the next 5 years, crossing *** million U.S. dollars in 2028.  UAE’s push for sustainability The promotion of electric vehicles is part of a wider series of measures that the UAE has taken to promote sustainability and green energy in recent years. These policies not only have a positive environmental impact, but are also part of an effort to diversify and future-proof the economy. In 2022, the effect of various regulations on the total electricity saved through Dubai's Demand Side Management (DSM) strategy was noticeable. The country ranked one of the highest in renewable energy finance and investment scores in the Middle East and Africa in 2018, at ** percent.  Electric vehicle market in the UAE  The UAE has a mature electric vehicle market with offerings from European, South Korean, and American manufacturers. Sales figures of electric vehicles in the UAE in 2022 show that Tesla makes up the country's biggest share of electric vehicles sold. The volume of electric vehicle sales in the UAE has seen an overall increase since 2016, when only *** vehicles were sold. In 2022, the number of registered electric vehicles in the Emirate of Dubai alone had surpassed ******. Electric vehicles have carved out a market share for themselves in the UAE, and it is expected to continue expanding.

The Tesla marque was ranked as the world's most valuable car brand in 2025, with a brand value of roughly ** billion U.S. dollars. Toyota, 2020's leader, is now the runner-up, followed by Mercedes-Benz. Tesla stays in the lead Tesla had been steadily climbing up the world's most valuable car brands ranking, reaching the top in 2021. Tesla, Inc., founded in 2003 as Tesla Motors, is a North American electric vehicle and clean energy automaker based in Palo Alto, California. Its revenue in the 2024 fiscal year reached nearly **** billion U.S. dollars, and the Tesla Model Y was the best-selling plug-in electric vehicle model worldwide in that same year. Other valuable car brands worldwide Toyota, the runner-up, is a subdivision of the Toyota Motor Company, founded in the late *****. The Japanese manufacturer is one of the largest companies in the global automotive industry and is active in various segments, including SUVs and crossovers, trucks, and motorcycles. Automotive brands such as BMW and Mercedes-Benz also made the list of the most valuable car brands worldwide. Germany's Mercedes-Benz Group assembles luxury and crossover automobiles, and split from Daimler Truck in 2021.

Electric vehicles amounted to around 16.7 percent of global passenger car sales in 2023, which was a rise of around 3.1 percentage points year-over-year. Electric vehicle sales have rapidly increased since 2017, when they rose above one percent of the market, and have particularly accelerated since 2020. Many consumers started looking for more sustainable transportation methods amid the COVID-19 pandemic due to increased environmental consciousness. This contributed to the EV market expansion worldwide. A market driven by innovation Various factors contribute to the rapid growth of the electric vehicle market, including consumer perception, governmental targets, and investments in technological innovation. Regional institutions and national governments are committing to policies supporting electric vehicle adoption worldwide, with around 97 percent of the light-duty vehicle market comprising countries with these policies. Governmental spending on electric cars reached around 45 billion current U.S. dollars in 2022, the steepest increase recorded in the past five years, and global automakers are also allocating part of their revenue toward research and development expenses. Challenges and opportunities for EV charging Electric vehicle charging was the second technology type receiving the most early and growth-stage venture capital investments in 2023, above electric vars and electric two-wheelers. In 2023, there were around 11 electric vehicles per charging point worldwide, and access to this infrastructure was unequal, with China boasting the largest electric vehicle supply equipment network. Slow chargers, typically alternating current, were also the most common charging type, creating opportunities for the development of fast charging across the globe.

Tesla maintained its position as the world's leading battery-electric vehicle (BEV) manufacturer in 2023, selling approximately *** million units. This achievement comes as the global BEV market experiences significant growth, driven by increased environmental awareness and government initiatives to reduce transport emissions. However, Tesla's dominance is being challenged by emerging competitors, particularly from China, as BYD and SAIC secured the second and third positions in global BEV sales for 2023. Revenue growth and model expansion fuel success Tesla's success in the BEV market is reflected in its financial performance, with revenue reaching nearly **** billion U.S. dollars in the 2023 fiscal year, an **** percent increase from the previous year. The company's automotive segment, which includes vehicle design, manufacturing, and sales, generated over **** billion U.S. dollars. For the past years, Tesla's Model Y has emerged as its best-selling vehicle, leading global plug-in vehicle sales in 2023. The company's continued focus on expanding its model range and production capacity has helped maintain its market leadership. Chinese brands gain ground in electric vehicle market While Tesla remains the global BEV leader, Chinese manufacturers are making significant strides in the electric vehicle market. BYD Group, China's leading OEM, reported revenue of over *** billion yuan in 2023, with electric vehicles and related products accounting for more than ** percent of its total revenue. BYD overtook Tesla as the best-selling electric vehicle brand in 2022 and maintained its position through 2023, selling nearly **** million plug-in electric vehicles globally. The rapid growth of Chinese brands in the BEV market highlights the increasing competition and the importance of the Chinese market in the global electric vehicle industry.

In 2024, the Tesla Model Y remained the best-selling battery-electric car model in the United States at approximately ******* units. Tesla's revenue from U.S. vehicle sales reached unprecedented levels in 2024. The California-based carmaker is the reigning king of the U.S. electric vehicle market. Strong electric vehicle market Tesla generated over ************ U.S. dollars in revenue in the United States alone in the 2024 fiscal year. The demand for electric vehicles is projected to rise over the next two decades, with worldwide revenues estimated to grow from ************* U.S. dollars in 2023 to nearly ************ U.S. dollars in 2029. Similarly, the number of battery electric cars in use reached around ********** units in 2022. Demand growth Subsidies, infrastructure improvements, as well as the level of gasoline prices in many countries continue to influence demand for electric vehicles. In 2022, around ************* vehicles were registered overall in the United States. However, while passenger car demand is expected to slow down in the United States from 2026 to 2029, down from ************ sales to some ************, projections for the electric vehicle market paint a different picture. Due in part to the forecasted increase in popularity of battery-electric vehicles, the overall electric vehicle market is expected to maintain a consistent growth through 2029.