Tesla Past Earnings Performance
Past criteria checks 1/6
Tesla has been growing earnings at an average annual rate of 70.1%, while the Auto industry saw earnings growing at 24.7% annually. Revenues have been growing at an average rate of 34.6% per year. Tesla's return on equity is 19.7%, and it has net margins of 11.2%.
Key information
70.1%
Earnings growth rate
69.5%
EPS growth rate
| Auto Industry Growth | 24.7% |
| Revenue growth rate | 34.6% |
| Return on equity | 19.7% |
| Net Margin | 11.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Does This Valuation Of Tesla, Inc. (NASDAQ:TSLA) Imply Investors Are Overpaying?
Nov 26
Why Tesla's (NASDAQ:TSLA) Shaky Earnings Are Just The Beginning Of Its Problems
Oct 30Returns on Capital Paint A Bright Future For Tesla (NASDAQ:TSLA)
Sep 27Tesla, Inc.'s (NASDAQ:TSLA) Intrinsic Value Is Potentially 24% Below Its Share Price
Aug 15Is Tesla (NASDAQ:TSLA) Using Too Much Debt?
Aug 02Here's Why We Think Tesla (NASDAQ:TSLA) Is Well Worth Watching
Jul 16We Like Tesla's (NASDAQ:TSLA) Returns And Here's How They're Trending
Jun 26Beyond Meat, Tesla and British American Tobacco: Our lukewarm take on recent earnings and news
Dec 08
Tesla: Looking For Good Q3 Show
Oct 18Tesla sold a record 83,135 China-made vehicles in September after Shanghai factory upgrade
Oct 10Quick Takes: Tesla, Twitter, Carvana & More
Oct 06Tesla: Don't Ignore These 4 Key Items In Q3 Earnings.
Oct 03The Tesla Trap is Forming Again - Here is Why Bears Might be Wrong
Sep 28Shorting Tesla: Bridging The Lofty Valuation To Economics
Sep 27Tesla reportedly denies store reshuffle in China
Sep 21Tesla Bulls Seemingly In Control
Sep 13Tesla further improves delivery turnaround time in China for Model 3, Model Ys
Sep 07How Much Does FSD Impact Tesla's Valuation?
Aug 22Tesla, YouTube, And The 10/10 Rule
Aug 15Tesla sells 28,217 China-made vehicles in July, down ~64% sequentially
Aug 09Tesla Q2: Wright's Law Continues
Aug 01Tesla to tap public funding for building electric-vehicle chargers in a move to allow non-Tesla drivers to use its fast chargers
Jul 25Tesla Q2: Market Never Learned Its Musk Lesson
Jul 18Tesla Q2: A Complete Mess
Jul 12Tesla: 10-K Footnotes And Bears' Arguments
Jul 04Tesla: What's The Outlook After Announced 3-For-1 Stock Split?
Jun 27Tesla: Incentives Matter
Jun 20Tesla: This Split Is Different
Jun 13Tesla Hovers Around Major Support Looking For Imminent Direction
Jun 06Tesla Breaks Above Support Distancing Itself From A Significant Drop
Jun 01Tesla: Cathie Wood Conviction Fading
May 23Where is the Intrinsic Value Support for Tesla, Inc. (NASDAQ:TSLA)
May 19Tesla: Production To Global EV Stock Doubled In 5 Years
May 16Tesla: When ESG Narratives Fail
May 09Insider Weekends: Musk Sells $8.52 Billion Of Tesla To Fund Twitter Purchase
May 02This section of the company report contains some beta features.
Revenue & Expenses BreakdownBeta
How Tesla makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 95,924 | 10,791 | 4,552 | 3,685 |
| 30 Jun 23 | 94,028 | 12,230 | 4,260 | 3,257 |
| 31 Mar 23 | 86,035 | 11,788 | 4,030 | 2,981 |
| 31 Dec 22 | 81,462 | 12,583 | 3,946 | 3,075 |
| 30 Sep 22 | 74,863 | 11,187 | 4,408 | 3,005 |
| 30 Jun 22 | 67,166 | 9,513 | 4,441 | 2,883 |
| 31 Mar 22 | 62,190 | 8,399 | 4,453 | 2,792 |
| 31 Dec 21 | 53,823 | 5,524 | 4,517 | 2,593 |
| 30 Sep 21 | 46,848 | 3,468 | 3,992 | 2,375 |
| 30 Jun 21 | 41,862 | 2,150 | 3,929 | 2,130 |
| 31 Mar 21 | 35,940 | 1,112 | 3,617 | 1,833 |
| 31 Dec 20 | 31,536 | 690 | 3,188 | 1,491 |
| 30 Sep 20 | 28,176 | 525 | 2,918 | 1,314 |
| 30 Jun 20 | 25,708 | 368 | 2,583 | 1,282 |
| 31 Mar 20 | 26,022 | -144 | 2,569 | 1,327 |
| 31 Dec 19 | 24,578 | -870 | 2,646 | 1,343 |
| 30 Sep 19 | 24,420 | -835 | 2,615 | 1,354 |
| 30 Jun 19 | 24,941 | -667 | 2,749 | 1,371 |
| 31 Mar 19 | 22,593 | -976 | 2,853 | 1,433 |
| 31 Dec 18 | 21,461 | -976 | 2,835 | 1,460 |
| 30 Sep 18 | 17,523 | -1,791 | 2,823 | 1,459 |
| 30 Jun 18 | 13,684 | -2,722 | 2,747 | 1,439 |
| 31 Mar 18 | 12,471 | -2,341 | 2,534 | 1,423 |
| 31 Dec 17 | 11,759 | -1,962 | 2,477 | 1,378 |
| 30 Sep 17 | 10,755 | -1,407 | 2,229 | 1,269 |
| 30 Jun 17 | 10,069 | -766 | 1,912 | 1,152 |
| 31 Mar 17 | 8,549 | -723 | 1,696 | 974 |
| 31 Dec 16 | 7,000 | -675 | 1,410 | 834 |
| 30 Sep 16 | 5,930 | -874 | 1,265 | 779 |
| 30 Jun 16 | 4,568 | -1,126 | 1,164 | 743 |
| 31 Mar 16 | 4,253 | -1,017 | 1,045 | 733 |
| 31 Dec 15 | 4,046 | -889 | 922 | 718 |
| 30 Sep 15 | 3,788 | -676 | 831 | 667 |
| 30 Jun 15 | 3,703 | -521 | 749 | 624 |
| 31 Mar 15 | 3,518 | -398 | 681 | 550 |
| 31 Dec 14 | 3,198 | -294 | 604 | 465 |
| 30 Sep 14 | 2,857 | -203 | 508 | 394 |
| 30 Jun 14 | 2,436 | -166 | 430 | 314 |
| 31 Mar 14 | 2,072 | -135 | 356 | 259 |
| 31 Dec 13 | 2,013 | -74 | 286 | 232 |
| 30 Sep 13 | 1,705 | -148 | 230 | 232 |
| 30 Jun 13 | 1,323 | -220 | 191 | 238 |
| 31 Mar 13 | 945 | -295 | 167 | 260 |
| 31 Dec 12 | 413 | -396 | 150 | 274 |
Quality Earnings: TSLA has a high level of non-cash earnings.
Growing Profit Margin: TSLA's current net profit margins (11.2%) are lower than last year (14.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSLA has become profitable over the past 5 years, growing earnings by 70.1% per year.
Accelerating Growth: TSLA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TSLA had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Auto industry average (-3.5%).
Return on Equity
High ROE: TSLA's Return on Equity (19.7%) is considered low.