Tesla Research and Development Costs

Research and development expenses of Tesla 2006 - 2018.

Amounts are in millions.

 

 

YearR&D Costs (Millions)
2018$1460.4
2017$1378.1
2016$834.4
2015$717.9
2014$464.7
2013$232
2012$274
2011$209
2010$93
2009$19.3
2008$53.7
2007$62.8
2006$25

Tesla is an innovative brand of automobiles and energy generation and storage products. The company places heavy focus on research and development. Every year, the brand invests a large sum in R&D.

In FY 2018, its R&D expenses grew to $1.5 Billion from $1.4 Billion last year.