Tesla, Inc.

TSLANASDAQ

$370.79

Last price · USD

Market cap: $1.31T
P/E: 343.3x
EV / EBITDA: 110.5x
P/S: 13.8x
FCF yield: 0.5%
Div. yield: 0.00%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Tesla, Inc. balance sheet

Annual · USD millions except per-share data · 48 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	16,513	16,139	16,398	16,253	17,576	-1.5%
Short-term investments	27,546	20,424	12,696	5,932	131	+280.8%
Cash & short-term investments	44,059	36,563	29,094	22,185	17,707	+25.6%
Net receivables	4,576	4,418	3,508	2,952	1,913	+24.4%
Accounts receivable	4,576	4,418	3,508	2,952	1,913	+24.4%
Inventory	12,392	12,017	13,626	12,839	5,757	+21.1%
Prepaids	0	0	0	0	1,723	—
Other current assets	7,615	5,362	3,388	2,941	0	—
Total current assets	68,642	58,360	49,616	40,917	27,100	+26.2%
Non-current assets
Property, plant & equipment (net)	40,643	51,507	45,123	36,635	31,176	+6.9%
Goodwill	257	244	253	194	200	+6.5%
Intangible assets	135	1,226	362	399	1,517	-45.4%
Goodwill & intangible assets	392	1,470	615	593	1,717	-30.9%
Long-term investments	0	0	0	657	522	—
Tax assets	6,925	6,524	6,733	328	0	—
Other non-current assets	21,204	4,215	4,532	3,208	1,612	+90.4%
Total non-current assets	69,164	63,716	57,003	41,421	35,027	+18.5%
Other assets	0	(6)	(1)	0	4	—
Total assets	137,806	122,070	106,618	82,338	62,131	+22.0%
Current liabilities
Accounts payable	13,371	12,474	14,431	15,255	10,025	+7.5%
Other payables	0	1,367	1,204	1,235	1,122	—
Total payables	13,371	13,841	15,635	16,490	11,147	+4.7%
Short-term debt	1,640	2,343	1,975	1,016	1,088	+10.8%
Capital lease obligations (current)	0	920	1,070	971	869	—
Tax payables	0	1,367	1,204	1,235	1,122	—
Deferred revenue	3,424	4,161	3,740	2,810	2,372	+9.6%
Other current liabilities	9,494	3,771	2,282	1,649	1,278	+65.1%
Total current liabilities	31,714	28,821	28,748	26,709	19,705	+12.6%
Non-current liabilities
Long-term debt	6,736	5,535	2,682	1,029	4,254	+12.2%
Capital lease obligations (non-current)	0	4,825	3,846	2,732	2,662	—
Deferred revenue (non-current)	3,631	3,317	3,251	2,804	2,052	+15.3%
Deferred tax liabilities (non-current)	0	0	0	82	24	—
Other non-current liabilities	12,860	5,892	4,482	3,084	1,851	+62.4%
Total non-current liabilities	23,227	19,569	14,261	9,731	10,843	+21.0%
Capital lease obligations	0	5,745	4,916	3,703	3,531	—
Total debt	8,376	13,623	9,573	5,748	8,873	-1.4%
Total liabilities	54,941	48,390	43,009	36,440	30,548	+15.8%
Stockholders' equity
Common stock	3	3	3	3	3	0.0%
Retained earnings	39,003	35,209	27,882	12,885	329	+230.0%
Additional paid-in capital	42,770	38,371	34,892	32,177	29,803	+9.5%
Accumulated other comprehensive income (loss)	361	(670)	(143)	(361)	54	+60.8%
Total stockholders' equity	82,137	72,913	62,634	44,704	30,189	+28.4%
Total equity	82,865	73,680	63,609	45,898	31,583	+27.3%
Minority interest	728	767	975	1,194	1,394	-15.0%
Total liabilities & equity	137,806	122,070	106,618	82,338	62,131	+22.0%
Additional fields
Accrued Expenses	3,785	3,785	4,046	3,773	2,951	+6.4%
Net Debt	(8,137)	(2,516)	(6,825)	(10,505)	(8,703)	—
Total Investments	27,546	20,424	12,696	6,589	653	+154.9%

Tesla, Inc.

TSLANASDAQ

$370.79

Last price · USD

Market cap: $1.31T
P/E: 343.3x
EV / EBITDA: 110.5x
P/S: 13.8x
FCF yield: 0.5%
Div. yield: 0.00%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Tesla, Inc. balance sheet

Annual · USD millions except per-share data · 48 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	16,513	16,139	16,398	16,253	17,576	-1.5%
Short-term investments	27,546	20,424	12,696	5,932	131	+280.8%
Cash & short-term investments	44,059	36,563	29,094	22,185	17,707	+25.6%
Net receivables	4,576	4,418	3,508	2,952	1,913	+24.4%
Accounts receivable	4,576	4,418	3,508	2,952	1,913	+24.4%
Inventory	12,392	12,017	13,626	12,839	5,757	+21.1%
Prepaids	0	0	0	0	1,723	—
Other current assets	7,615	5,362	3,388	2,941	0	—
Total current assets	68,642	58,360	49,616	40,917	27,100	+26.2%
Non-current assets
Property, plant & equipment (net)	40,643	51,507	45,123	36,635	31,176	+6.9%
Goodwill	257	244	253	194	200	+6.5%
Intangible assets	135	1,226	362	399	1,517	-45.4%
Goodwill & intangible assets	392	1,470	615	593	1,717	-30.9%
Long-term investments	0	0	0	657	522	—
Tax assets	6,925	6,524	6,733	328	0	—
Other non-current assets	21,204	4,215	4,532	3,208	1,612	+90.4%
Total non-current assets	69,164	63,716	57,003	41,421	35,027	+18.5%
Other assets	0	(6)	(1)	0	4	—
Total assets	137,806	122,070	106,618	82,338	62,131	+22.0%
Current liabilities
Accounts payable	13,371	12,474	14,431	15,255	10,025	+7.5%
Other payables	0	1,367	1,204	1,235	1,122	—
Total payables	13,371	13,841	15,635	16,490	11,147	+4.7%
Short-term debt	1,640	2,343	1,975	1,016	1,088	+10.8%
Capital lease obligations (current)	0	920	1,070	971	869	—
Tax payables	0	1,367	1,204	1,235	1,122	—
Deferred revenue	3,424	4,161	3,740	2,810	2,372	+9.6%
Other current liabilities	9,494	3,771	2,282	1,649	1,278	+65.1%
Total current liabilities	31,714	28,821	28,748	26,709	19,705	+12.6%
Non-current liabilities
Long-term debt	6,736	5,535	2,682	1,029	4,254	+12.2%
Capital lease obligations (non-current)	0	4,825	3,846	2,732	2,662	—
Deferred revenue (non-current)	3,631	3,317	3,251	2,804	2,052	+15.3%
Deferred tax liabilities (non-current)	0	0	0	82	24	—
Other non-current liabilities	12,860	5,892	4,482	3,084	1,851	+62.4%
Total non-current liabilities	23,227	19,569	14,261	9,731	10,843	+21.0%
Capital lease obligations	0	5,745	4,916	3,703	3,531	—
Total debt	8,376	13,623	9,573	5,748	8,873	-1.4%
Total liabilities	54,941	48,390	43,009	36,440	30,548	+15.8%
Stockholders' equity
Common stock	3	3	3	3	3	0.0%
Retained earnings	39,003	35,209	27,882	12,885	329	+230.0%
Additional paid-in capital	42,770	38,371	34,892	32,177	29,803	+9.5%
Accumulated other comprehensive income (loss)	361	(670)	(143)	(361)	54	+60.8%
Total stockholders' equity	82,137	72,913	62,634	44,704	30,189	+28.4%
Total equity	82,865	73,680	63,609	45,898	31,583	+27.3%
Minority interest	728	767	975	1,194	1,394	-15.0%
Total liabilities & equity	137,806	122,070	106,618	82,338	62,131	+22.0%
Additional fields
Accrued Expenses	3,785	3,785	4,046	3,773	2,951	+6.4%
Net Debt	(8,137)	(2,516)	(6,825)	(10,505)	(8,703)	—
Total Investments	27,546	20,424	12,696	6,589	653	+154.9%