Tesla Gross Profit (Quarterly)

Gross Profit of Tesla Motors (quarterly) 2011-2020

Amounts are in millions. 

FY 2020/quarterGross Profit
Q1$1,234
Q2$1,267
Q3$2,063
Q4$2,066
Total$6,630

Tesla experienced solid improvement in its financial performance in 2020 compared to the previous year. Its total net revenues grew to $31,536 million in 2020 compared to $24,578 million in 2019. The company also experienced significant improvement in its gross profit. Its quarterly gross profit was higher than $2 billion for the last two quarters. The total gross profit of the company for 2020 was $6,630 million compared to $4,069 million in 2019.

Fy 2019Gross Profit (million)
Q1$566
Q2$921
Q3$1,191
Q4$1,391
Total$4,069

The Gross profit of Tesla Motors was $1.39 billion in the fourth quarter of 2019 compared to $1.44 billion during the same period last year. 

FY 2018Gross Profit (Millions)
Q1$456.5
Q2$618.9
Q3$1,523.7
Q4$1,442.9

 

FY 2017Gross Profit (Millions)
Q1$667.9
Q2$666.6
Q3$449
Q4$438.8

 

FY 2016Gross Profits (Millions)
Q1$1147
Q2$1,270
Q3$2,298.44
Q4$2,284.6

 

FY 2015Gross Profits (Millions)
Q1$260
Q2$213.4
Q3$231.5
Q4$218.6

 

FY 2014Gross Profits (Millions)
Q1$155.13
Q2$213
Q3$251.9
Q4$261.7

 

FY 2013Gross Profits (Millions)
Q1$96.3
Q2$100.5
Q3$102.9
Q4$156.6

 

FY 2012 Gross Profits (Millions)
Q1$10.2
Q2$4.7
Q3$(8.8)
Q4$23.9

 

FY 2011 Gross Profits (Millions)
Q1$18
Q2$18.5
Q3$17.2
Q4$7.8

About Tesla:

Tesla is a renowned global brand of electric vehicles. It was founded in the year 2003. The company is headquartered in Palo Alto, California, United States. Apart from automobiles, Tesla also sells energy generation and storage systems.  The automobile product range of Tesla includes Model 3, Model Y, Model S, Model X, Cybertruck, Tesla Semi and a new Tesla Roadster. The company is led by its CEO Elon Musk. In 2019, Tesla delivered around 367,500 vehicles.