Tesla Gross Profit (Quarterly)
Gross Profit of Tesla Motors (quarterly) 2011-2020
Amounts are in millions.
|FY 2020/quarter||Gross Profit|
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 2019||Gross Profit (million)|
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 2018||Gross Profit (Millions)|
|FY 2017||Gross Profit (Millions)|
|FY 2016||Gross Profits (Millions)|
|FY 2015||Gross Profits (Millions)|
|FY 2014||Gross Profits (Millions)|
|FY 2013||Gross Profits (Millions)|
|FY 2012||Gross Profits (Millions)|
|FY 2011||Gross Profits (Millions)|
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.