Name: Tesla Inc. (NASDAQ:TSLA) | Common-Size Income Statement
Creator: Stock Analysis on Net

Common-Size Income Statement

Tesla Inc., common-size consolidated income statement

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Automotive sales	81.13%	82.50%	81.98%	78.02%	78.76%
Automotive regulatory credits	1.85%	2.18%	2.72%	5.01%	2.42%
Automotive leasing	2.19%	3.04%	3.05%	3.34%	3.54%
Automotive revenues	85.17%	87.72%	87.75%	86.36%	84.71%
Energy generation and storage	6.24%	4.80%	5.18%	6.32%	6.23%
Services and other	8.60%	7.48%	7.06%	7.31%	9.06%
Revenues	100.00%	100.00%	100.00%	100.00%	100.00%
Automotive sales	-67.29%	-60.89%	-60.23%	-62.46%	-64.85%
Automotive leasing	-1.31%	-1.85%	-1.82%	-1.79%	-1.87%
Automotive cost of revenues	-68.60%	-62.74%	-62.04%	-64.24%	-66.72%
Energy generation and storage	-5.06%	-4.45%	-5.42%	-6.27%	-5.46%
Services and other	-8.09%	-7.22%	-7.26%	-8.47%	-11.27%
Cost of revenues	-81.75%	-74.40%	-74.72%	-78.98%	-83.44%
Gross profit	18.25%	25.60%	25.28%	21.02%	16.56%
Research and development	-4.10%	-3.77%	-4.82%	-4.73%	-5.46%
Selling, general and administrative	-4.96%	-4.84%	-8.39%	-9.97%	-10.77%
Restructuring and other	0.00%	-0.22%	0.05%	0.00%	-0.61%
Operating expenses	-9.06%	-8.83%	-13.16%	-14.70%	-16.84%
Income (loss) from operations	9.19%	16.76%	12.12%	6.32%	-0.28%
Interest income	1.10%	0.36%	0.10%	0.10%	0.18%
Interest expense	-0.16%	-0.23%	-0.69%	-2.37%	-2.79%
Other income (expense), net	0.18%	-0.05%	0.25%	-0.39%	0.18%
Income (loss) before income taxes	10.31%	16.84%	11.78%	3.66%	-2.71%
(Provision for) benefit from income taxes	5.17%	-1.39%	-1.30%	-0.93%	-0.45%
Net income (loss)	15.47%	15.45%	10.49%	2.73%	-3.15%
Net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests in subsidiaries	0.02%	-0.04%	-0.23%	-0.45%	-0.35%
Net income (loss) attributable to common stockholders	15.50%	15.41%	10.25%	2.29%	-3.51%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Income statement item	Description	The company
Income (loss) from operations	The net result for the period of deducting operating expenses from operating revenues.	Tesla Inc. income (loss) from operations as a percentage of revenues increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Income (loss) before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Tesla Inc. income (loss) before income taxes as a percentage of revenues increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Net income (loss) attributable to common stockholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Tesla Inc. net income (loss) attributable to common stockholders as a percentage of revenues increased from 2021 to 2022 and from 2022 to 2023.