Tesla Future Growth

Future criteria checks 3/6

Tesla is forecast to grow earnings and revenue by 11.9% and 15.2% per annum respectively. EPS is expected to grow by 10.1% per annum. Return on equity is forecast to be 12.4% in 3 years.

Key information

11.9%

Earnings growth rate

10.1%

EPS growth rate

Auto earnings growth	0%
Revenue growth rate	15.2%
Future return on equity	12.4%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SNSE:TSLA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	136,086	12,827	8,593	19,498	35
12/31/2025	116,370	10,273	6,911	16,808	47
12/31/2024	99,721	7,248	3,134	14,210	48
9/30/2024	97,150	12,743	3,610	14,479	N/A
6/30/2024	95,318	12,427	1,717	11,532	N/A
3/31/2024	94,745	13,652	1,382	10,985	N/A
12/31/2023	96,773	14,999	4,357	13,256	N/A
9/30/2023	95,924	10,794	3,714	12,164	N/A
6/30/2023	94,028	12,235	6,162	13,956	N/A
3/31/2023	86,035	11,788	5,778	13,242	N/A
12/31/2022	81,462	12,583	7,552	14,724	N/A
9/30/2022	74,863	11,187	8,903	16,031	N/A
6/30/2022	67,166	9,513	6,928	14,078	N/A
3/31/2022	62,190	8,399	6,916	13,851	N/A
12/31/2021	53,823	5,524	4,983	11,497	N/A
9/30/2021	46,848	3,468	4,062	9,931	N/A
6/30/2021	41,862	2,150	4,114	9,184	N/A
3/31/2021	35,940	1,112	3,903	8,024	N/A
12/31/2020	31,536	690	2,701	5,943	N/A
9/30/2020	28,176	525	1,827	4,349	N/A
6/30/2020	25,708	368	799	2,705	N/A
3/31/2020	26,022	-144	992	2,605	N/A
12/31/2019	24,578	-870	968	2,405	N/A
9/30/2019	24,420	-835	873	2,215	N/A
6/30/2019	24,941	-667	1,359	2,850	N/A
3/31/2019	22,593	-976	-39	1,856	N/A
12/31/2018	21,461	-976	-221	2,098	N/A
9/30/2018	17,523	-1,791	-1,498	1,373	N/A
6/30/2018	13,684	-2,722	N/A	-319	N/A
3/31/2018	12,471	-2,341	N/A	-389	N/A
12/31/2017	11,759	-1,962	N/A	-61	N/A
9/30/2017	10,755	-1,407	N/A	-1,019	N/A
6/30/2017	10,069	-766	N/A	-295	N/A
3/31/2017	8,549	-723	N/A	56	N/A
12/31/2016	7,000	-675	N/A	-124	N/A
9/30/2016	5,930	-874	N/A	295	N/A
6/30/2016	4,568	-1,126	N/A	-332	N/A
3/31/2016	4,253	-1,017	N/A	-642	N/A
12/31/2015	4,046	-889	N/A	-524	N/A
9/30/2015	3,788	-676	N/A	-581	N/A
6/30/2015	3,703	-521	N/A	-406	N/A
3/31/2015	3,518	-398	N/A	-248	N/A
12/31/2014	3,198	-294	N/A	-57	N/A
9/30/2014	2,857	-203	N/A	163	N/A
6/30/2014	2,436	-166	N/A	293	N/A
3/31/2014	2,072	-135	N/A	259	N/A
12/31/2013	2,013	-74	N/A	265	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSLA's forecast earnings growth (11.9% per year) is above the savings rate (5.5%).

Earnings vs Market: TSLA's earnings (11.9% per year) are forecast to grow faster than the CL market (0.8% per year).

High Growth Earnings: TSLA's earnings are forecast to grow, but not significantly.

Revenue vs Market: TSLA's revenue (15.2% per year) is forecast to grow faster than the CL market (-3% per year).

High Growth Revenue: TSLA's revenue (15.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TSLA's Return on Equity is forecast to be low in 3 years time (12.4%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 12:26
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tesla, Inc. is covered by 95 analysts. 48 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Selesky	Argus Research Company
Theodore O'Neill	Ascendiant Capital Markets LLC
Benjamin Kallo	Baird