Tesla, Inc. FY2023 income statement | sankey.it

TSLAFY2023

Tesla, Inc.

USD, fiscal year ended 2023-12-31

Operating Expenses: R&D 4% | SG&A 5% of revenue

Revenue

$96.8B+19%

Gross margin

18.2%-7.3 pts

Operating margin

9.2%-7.6 pts

Net margin

15.5%+0.1 pts

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Revenue segments

Automotive: $82.4B85.2%
Services And Other: $8.3B8.6%
Energy Generation And Storage Segment: $6.0B6.2%

Period history

Income statement

Line	FY2023	YoY
Revenue	$96,773,000,000	+19%
Cost of revenue	$79,113,000,000	+31%
Gross profit	$17,660,000,000	-15%
Operating expenses	$8,769,000,000	+22%
Operating income	$8,891,000,000	-35%
Other income/expense, net	$1,082,000,000	+1617%
Income before tax	$9,973,000,000

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Fiscal period end: December 31, 2023
Source: Financial Modeling Prep, via the DATA project
Diagram generated: July 21, 2026