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. cash flow statement
Annual · USD millions except per-share data · 33 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 3,855 | 7,130 | 14,999 | 12,583 | 5,519 | -8.6% | |
| Depreciation & amortization | 6,148 | 5,368 | 4,667 | 3,543 | 2,911 | +20.6% | |
| Deferred income tax | 123 | 477 | (6,349) | 0 | (149) | — | |
| Stock-based compensation | 2,825 | 1,999 | 1,812 | 1,560 | 2,121 | +7.4% | |
| Change in working capital | 642 | 81 | (2,248) | (3,712) | 667 | -1.0% | |
| Accounts receivables | (261) | (1,083) | (586) | (1,124) | (130) | — | |
| Inventory | (630) | 937 | (1,195) | (6,465) | (1,709) | — | |
| Accounts payables | 4,376 | 3,588 | 2,605 | 6,029 | 4,578 | -1.1% | |
| Other working capital | (2,843) | (3,361) | (3,072) | (2,152) | (2,072) | — | |
| Other non-cash items | 1,154 | (155) | 400 | 777 | 428 | +28.1% | |
| Net cash from operating activities | 14,747 | 14,923 | 13,256 | 14,724 | 11,497 | +6.4% | |
| Operating cash flow | 14,747 | 14,923 | 13,256 | 14,724 | 11,497 | +6.4% | |
| Investing activities | |||||||
| Investments in PP&E | (8,527) | (11,342) | (8,899) | (7,163) | (6,514) | — | |
| Capital expenditure | (8,527) | (11,342) | (8,899) | (7,172) | (8,014) | — | |
| Acquisitions, net | 0 | 0 | (64) | 0 | 0 | — | |
| Purchases of investments | (37,109) | (35,955) | (19,112) | (5,835) | (132) | — | |
| Sales / maturities of investments | 30,158 | 28,510 | 12,491 | 22 | 0 | — | |
| Other investing activities | 0 | 0 | 0 | 1,003 | (1,222) | — | |
| Net cash from investing activities | (15,478) | (18,787) | (15,584) | (11,973) | (7,868) | — | |
| Financing activities | |||||||
| Net debt issuance | (3,158) | 2,863 | 2,116 | (3,866) | (5,732) | — | |
| Long-term net debt issuance | (3,158) | 2,863 | 2,116 | (3,866) | (5,732) | — | |
| Net stock issuance | 222 | 1,241 | 700 | 541 | 707 | -25.1% | |
| Common stock issuance | 222 | 1,241 | 700 | 541 | 707 | -25.1% | |
| Net common stock issuance | 222 | 1,241 | 700 | 541 | 707 | -25.1% | |
| Other financing activities | 4,075 | (251) | (227) | (202) | (178) | — | |
| Net cash from financing activities | 1,139 | 3,853 | 2,589 | (3,527) | (5,203) | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | 171 | (141) | 4 | (444) | (183) | — | |
| Net change in cash | 579 | (152) | 265 | (1,220) | (1,757) | — | |
| Cash at beginning of period | 17,037 | 17,189 | 16,924 | 18,144 | 19,901 | -3.8% | |
| Cash at end of period | 17,616 | 17,037 | 17,189 | 16,924 | 18,144 | -0.7% | |
| Free cash flow | 6,220 | 3,581 | 4,357 | 7,552 | 3,483 | +15.6% | |
| Income taxes paid | 0 | 1,331 | 1,119 | 1,203 | 561 | — | |
| Interest paid | 0 | 277 | 126 | 152 | 266 | — | |