Tesla Income Tax Expense from 2010 to 2024

TSLA Stock  USD 332.89  5.34  1.58%   
Tesla's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is projected to go to about -4.8 B this year. From 2010 to 2024 Tesla Income Tax Expense quarterly data regression line had arithmetic mean of (491,806,867) and r-squared of  0.23. View All Fundamentals
 
Income Tax Expense  
First Reported
2007-03-31
Previous Quarter
393 M
Current Value
601 M
Quarterly Volatility
717.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tesla financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tesla's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 242.4 M or Total Revenue of 101.6 B, as well as many indicators such as Price To Sales Ratio of 7.74, Dividend Yield of 0.0 or PTB Ratio of 9.66. Tesla financial statements analysis is a perfect complement when working with Tesla Valuation or Volatility modules.
  
Check out the analysis of Tesla Correlation against competitors.

Latest Tesla's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Tesla Inc over the last few years. It is Tesla's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tesla's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Tesla Income Tax Expense Regression Statistics

Arithmetic Mean(491,806,867)
Geometric Mean33,288,058
Coefficient Of Variation(367.87)
Mean Deviation1,169,111,502
Median13,039,000
Standard Deviation1,809,224,863
Sample Variance3273294.6T
Range6.1B
R-Value(0.47)
Mean Square Error2731431.2T
R-Squared0.23
Significance0.07
Slope(191,959,061)
Total Sum of Squares45826124.5T

Tesla Income Tax Expense History

2024-4.8 B
2023-5 B
20221.1 B
2021699 M
2020292 M
2019110 M
201857.8 M

About Tesla Financial Statements

Tesla stakeholders use historical fundamental indicators, such as Tesla's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Tesla investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tesla's assets and liabilities are reflected in the revenues and expenses on Tesla's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tesla Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-5 B-4.8 B

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When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:
Check out the analysis of Tesla Correlation against competitors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tesla. If investors know Tesla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.17
Earnings Share
3.66
Revenue Per Share
30.457
Quarterly Revenue Growth
0.078
Return On Assets
0.0476
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tesla's market value can be influenced by many factors that don't directly affect Tesla's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.