All values USD millions. But that was better than the $1 billion loss the company posted in 2018. Tesla finished Wednesday trading at $580 per share, more than double the share price it traded at for most of 2019, and as a result has become the most valuable automaker in the US by market cap (and the second-most valuable in the world behind Toyota). So questions still remain, but Tesla now has room to address them. Back-to-back quarterly profits to finish the year. Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California. Tesla said Wednesday that it “almost doubled” the size of its mobile service fleet in 2019, and added 51 store and service locations, but didn’t offer any more specifics. It also said that its solar business grew 26 percent in the fourth quarter, though there was really no way but up. This hardware suite enables field data from the on-board camera, radar, ultrasonics, and GPS to continually train and improve our neural network for real-world performance. Tesla finished 2019 with $6.3 billion in cash, more than ever before. Combine that performance with the fact that Tesla recently opened up and started making deliveries from its factory in China — the first non-Chinese automaker to do so on its own in the country — and began work on a fourth factory in Germany, and one can start to understand why Tesla’s stock has gone nuclear over the last month or so. Please check your download folder. Tesla annual revenue for 2018 was $21.461B, a 82.51% increase from 2017. Tesla Inc. "Form 10-K for the fiscal year ended December 31, 2019," Page 38. newsletter, valuable automaker in the US by market cap. Tesla finished the year with back-to-back profitable quarters, something it did for the first time ever in 2018. 2015 2016 2017 2018 2019 5-year trend; Sales/Revenue 4.05B: 7B: 11.76B: 21.46B: 24.58B PALO ALTO, Calif., Jan. 29, 2020 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the fourth quarter and full year ended December 31, 2019 by … We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. On Wednesday, Tesla announced it’s going to deliver the first Model Ys ahead of schedule — a feat that’s practically unheard of when it comes to Elon Musk’s companies. All of this means Tesla has bought itself more breathing room than it’s had in years, maybe ever. Tesla annual revenue for 2017 was $11.759B, a 67.98% increase from 2016. The company pulled down a $105 million profit in the fourth quarter, though that was boosted by the sale of $133 million worth of regulatory credits to other automakers. Accessed Sep. 18, 2020. In total, Tesla’s revenues increased 2.2% in the fourth quarter and 14.5% for full year 2019. It was scrambling to raise capital , closing stores and reeling from a sudden slump in sales . PALO ALTO, Calif., Jan. 29, 2020 -- Tesla has released its financial results for the fourth quarter and full year ended December 31, 2019 by posting an update on its Investor. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Tesla didn’t just spend 2019 focused on the Model 3. Tesla’s record-setting 2019 helped the company generate $24 billion in revenue across the year, more than ever before. Tesla annual revenue for 2019 was $24.578B, a 14.52% increase from 2018. Find detailed stats on Tesla revenue on Craft. Support our journalism. And it did all this while recovering from a $702 million loss in the first quarter, the company’s fourth-worst quarterly loss since becoming a publicly traded company in 2010. We are equipping all new Tesla vehicles with hardware needed for full self-driving in the future, including a new powerful and proprietary on-board computer that we introduced in 2019. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Tesla also once again said that it expects to turn a profit each quarter moving forward “with possible temporary exceptions, particularly around the launch and ramp of new product.”, Tesla’s record 2019 has bought it some breathing room, The best Black Friday and Cyber Monday deals on games, It’s the best time of the year to stock up on games, The best Black Friday and Cyber Monday deals under $50, You don’t have to spend a lot to give a lot, The best Black Friday and Cyber Monday deals on Apple devices, You can get the new MacBook Pro on a discount, Sign up for the Tesla automotive sales revenue (quarterly) The chart above illustrates Tesla’s quarterly automotive sales revenue from 2015 to 2020. Its stock price is high enough to absorb any litigation-inducing tweets from Musk, bad news from regulators, or negative Wall Street soothsaying. Tesla’s (NASDAQ:TSLA) third-quarter earnings for 2019 saw the electric car maker post $6.3 billion in revenue, meeting Wall Street estimates. The company debuted two new vehicles: the Model Y compact SUV and the monstrous metal Cybertruck. Tesla revenue for the quarter ending September 30, 2020 was, Tesla revenue for the twelve months ending September 30, 2020 was. That doesn’t necessarily mean that Tesla will address some of the most sincere criticisms it faces — after all, Musk is well-known for looking past short-term problems in favor of focusing on the horizon, and he even opened a call with analysts Wednesday that he was “super fired up about where Tesla will be, you know, in the next 10 years.” But if ever there was a time for the company to button up parts of its business that don’t grab headlines, it’s now. Fiscal year is January-December. Booming revenue growth. Tesla revenue for the twelve months ending September 30, 2020 was $28.176B, a 15.38% increase year-over-year. Tesla generated $24.6 billion in revenue in 2019, buoyed by a fourth quarter revenue figure of just shy of $7.4 billion. Tesla annual/quarterly revenue history and growth rate from 2009 to 2020. Published Oct. 23, 2019 Updated Nov. 13, 2019 Just months ago, Tesla was mired in turmoil. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Subscribe today. Over the past 5 years, Tesla’s automotive sales revenue has been on an uptrend, rising significantly from $1 billion in 2015 to $5 billion in 2020 on a quarterly basis.. 1. The company spent the last few years — especially 2017 onward, as it started spinning up production of the Model 3 — moving at breakneck speed with little margin for error. TSLA Revenue (TTM) data by YCharts As you can see, Tesla has executed incredible revenue growth over the past … This statistic represents Tesla's revenue for the company's energy generation and storage segment from the fiscal year of 2015 to the fiscal year of 2019. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Although Tesla’s revenue rose nearly 40 percent over the same quarter last year to $6.3 billion, the company still reported a loss of $408 million. The company also did this at the expense of other products, like its solar panel business, which dipped to an all-time low in 2019 (including the days when it was a separate entity, Solar City). It operates primarily in the United States, China, Norway and internationally. Tesla still didn’t turn an annual profit — in fact, it lost $862 million in 2019. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Tesla’s record-setting number of sales in 2019 also helped the electric automaker generate more money in one year than ever before, the company announced Wednesday afternoon. And while Tesla did finally achieve mass-market success of the Model 3, the company has struggled to scale its customer and vehicle service operations accordingly. Its workforce suffered through what Musk dubbed “production hell” as he pushed to make the Model 3 — the company’s most affordable electric car — at mass-market scale. Looking forward, Tesla said Wednesday that the addition of Model Y to its fleet, as well as the increased deliveries of locally-made Model 3s in China, should help the company “comfortably exceed” 500,000 cars shipped worldwide in 2020. Tesla CEO Elon Musk even said in late 2018 that his company was single-digit weeks away from death at one point. Tesla Inc. "Form 10-Q for the quarterly period … Tesla Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. Tesla annual revenue increased from $21.5 billion in 2018 to $24.6 billion in 2019, a (14.5%) increase.