Tesla, Inc.
Electric vehicles and energyFounded 2003- Updated June 2026
Reviewed by Swet Parvadiya
Last reviewed: June 2026
CorpDigest
Tesla, Inc.
Annual Revenue
Last reviewed: 2026-06-03 · By Swet Parvadiya
FY2020 Revenue
$31.5B
▲ 28.3% vs FY2019 ($24.6B)
Net Income: $721M
Source: 10-K
Tesla, Inc. reported $31.5B in revenue for fiscal year 2020. This represents a growth of 28.3% compared to the 2019 figure of $24.6B. In 2021, revenue increased to $53.8B.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $94.8B | $3.8B | -2.9% |
| FY2024 | $97.7B | $7.1B | +0.9% |
| FY2023 | $96.8B | $15.0B | +18.8% |
| FY2022 | $81.5B | $12.6B | +51.4% |
| FY2021 | $53.8B | $5.5B | +70.7% |
| FY2020 | $31.5B | $721M | +28.3% |
| FY2019 | $24.6B | N/A | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.