Stock Analysis on Net

Tesla Inc. (NASDAQ:TSLA)

Analysis of Reportable Segments 

Microsoft Excel

Segment Profit Margin

Tesla Inc., profit margin by reportable segment

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Automotive 26.91% 22.38% 16.83% 19.35% 18.61%
Energy generation and storage -4.63% 0.90% 12.41% 12.24% 21.66%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Segment profitability ratio Reportable segment The company
Segment profit margin Automotive Automotive segment profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.
Energy generation and storage Energy generation and storage segment profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Segment Profit Margin: Automotive

Tesla Inc.; Automotive; segment profit margin calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Gross profit 13,735 6,612 3,879 3,852 1,981
Revenues 51,034 29,542 23,047 19,906 10,642
Segment Profitability Ratio
Segment profit margin1 26.91% 22.38% 16.83% 19.35% 18.61%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment profit margin = 100 × Gross profit ÷ Revenues
= 100 × 13,735 ÷ 51,034 = 26.91%

Segment profitability ratio Reportable segment The company
Segment profit margin Automotive Automotive segment profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.

Segment Profit Margin: Energy generation and storage

Tesla Inc.; Energy generation and storage; segment profit margin calculation

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Gross profit (129) 18 190 190 242
Revenues 2,789 1,994 1,531 1,555 1,116
Segment Profitability Ratio
Segment profit margin1 -4.63% 0.90% 12.41% 12.24% 21.66%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

1 2021 Calculation
Segment profit margin = 100 × Gross profit ÷ Revenues
= 100 × -129 ÷ 2,789 = -4.63%

Segment profitability ratio Reportable segment The company
Segment profit margin Energy generation and storage Energy generation and storage segment profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Revenues

Tesla Inc., revenues by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Automotive 51,034 29,542 23,047 19,906 10,642
Energy generation and storage 2,789 1,994 1,531 1,555 1,116
Total 53,823 31,536 24,578 21,461 11,759

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Gross profit

Tesla Inc., gross profit by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Automotive 13,735 6,612 3,879 3,852 1,981
Energy generation and storage (129) 18 190 190 242
Total 13,606 6,630 4,069 4,042 2,222

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).