Tesla Past Earnings Performance
Past criteria checks 2/6
Tesla has been growing earnings at an average annual rate of 56.2%, while the Auto industry saw earnings growing at 19.7% annually. Revenues have been growing at an average rate of 31.4% per year. Tesla's return on equity is 18.5%, and it has net margins of 13%.
Key information
56.2%
Earnings growth rate
55.3%
EPS growth rate
| Auto Industry Growth | 23.9% |
| Revenue growth rate | 31.4% |
| Return on equity | 18.5% |
| Net Margin | 13.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Tesla's (NASDAQ:TSLA) Profits May Be Overstating Its True Earnings Potential
Jul 31
Tesla: Stagnating Core Business And Unclear Non-Core Potential Make It Unattractive
Jul 29Tesla: A Significant Shift In Risk/Reward Calls For A Pre-Earnings Downgrade
Jul 23Tesla, Inc.'s (NASDAQ:TSLA) Shares Climb 44% But Its Business Is Yet to Catch Up
Jul 17Tesla's Q2 Deliveries Strong, But What's To Come?
Jul 16Tesla: A Strong Buy Despite The Massive Rally
Jul 08Date Your Stocks, Don't Marry Them - Jonah Lupton
Jul 01Tesla: 2024 Is Not A BEV Year (Rating Downgrade)
Jun 24Tesla: Back In The Game With Musk Re-Engaged
Jun 16Tesla: Sell Into Strength Signals (Technical Analysis Update)
Jun 10Tesla: $570 Billion Market Cap Should Shrink As Expectations Are Unmet
Jun 03Tesla's iPhone Moment
May 28Victor Dergunov Talks Amazing AI Run, Rolling Corrections, EV Space And Gold
May 22Tesla: Don't Bet Your House On Recovery
May 13Wall Street Lunch: Musk Pitches Tesla Stake To Buffett
May 06Tesla: Far From Overvalued Even When Excluding Robotaxi And Optimus
Apr 29Magnificent 5 Or 7? Earnings Preview With Steven Cress
Apr 21Tesla: An Underappreciated Problem With FSD
Apr 15Is Tesla (NASDAQ:TSLA) Using Too Much Debt?
Apr 09Tesla: Robotaxi Holy Grail Is Still Far Off
Apr 08Tesla Stock: No Longer An Obvious Sell
Apr 01Tesla: Being Between 2 Major Growth Waves Creates Opportunity For Investors (Rating Upgrade)
Mar 24Tesla: The Ultimate Sentiment Machine (Technical Analysis)
Mar 18Tesla: Downside Risk, Without Participating In The Growth Stocks Rally
Mar 07Do Tesla's (NASDAQ:TSLA) Earnings Warrant Your Attention?
Mar 04Strategically Building A $50,000 Dividend Portfolio With Tesla As The Largest Position
Feb 29Tesla Stock May Be A Star But I Still Would Not Buy It
Feb 21We Like These Underlying Return On Capital Trends At Tesla (NASDAQ:TSLA)
Feb 18Tesla: An Analysis Of Its Position In Artificial Intelligence
Feb 13Tesla Stock: 13-Point Countdown Supports My Buy Upgrade
Feb 05Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
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 Jun 24 | 95,318 | 12,390 | 5,186 | 4,480 |
| 31 Mar 24 | 94,745 | 13,615 | 5,098 | 4,349 |
| 31 Dec 23 | 96,773 | 14,999 | 4,800 | 3,969 |
| 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 | 11,783 | 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 |
Quality Earnings: TSLA has a high level of non-cash earnings.
Growing Profit Margin: TSLA's current net profit margins (13%) are lower than last year (13%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSLA has become profitable over the past 5 years, growing earnings by 56.2% per year.
Accelerating Growth: TSLA's earnings growth over the past year (1.3%) is below its 5-year average (56.2% per year).
Earnings vs Industry: TSLA earnings growth over the past year (1.3%) exceeded the Auto industry -3%.
Return on Equity
High ROE: TSLA's Return on Equity (18.5%) is considered low.