Tesla, Inc. · TSLA

How Tesla makes money

Tesla brought in $94.8 billion in revenue in 2025 and kept $3.8 billion as profit: $4.00 of every $100. Its biggest source of money was Car sales, at $65.8 billion (69% of the total).

From Tesla's Form 10-K for the year ended December 31, 2025. Page updated November 8, 2026.

Revenue$94.8 billion2025

Operating profit$4.4 billion4.6% of revenue

Net profit$3.8 billion$4.00 of every $100

Employees134,785$703,543 revenue each

Out of every $100 Tesla took in, it kept

$4.00profit

Kept $4.00Everything else $96.00

$0$100 in sales

Where Tesla's money comes from. 5 lines in its 10‑K.

Car salesSelling new Teslas$65.8B69% of total

Energy storage and solarPowerwall, Megapack and solar$12.8B13% of total

Service and otherRepairs, charging, insurance, used cars$12.5B13% of total

Credits sold to other carmakersEmission credits$2.0B2% of total

Car leasingLeases$1.7B2% of total

6 years of Tesla's revenue and profit.

$31.5B

$53.8B

$81.5B

$96.8B

$97.7B

$94.8B

2020$721M2021$5.5B2022$12.6B2023$15.0B2024$7.1B2025$3.8B

Revenue (on top of each bar)Net profit (under each year)

Fiscal years as Tesla reports them; the latest ended December 31, 2025. Profit is net income.

Quick answers about Tesla.

How does Tesla make money?

Tesla makes most of its money selling electric cars, plus batteries for homes and power grids, service, and credits it sells to other carmakers. The biggest line in its latest 10-K is Car sales ($65.8 billion).

How much money does Tesla make a year?

$94.8 billion in revenue in 2025, and $3.8 billion in net profit. That's down 3% from the year before.

Is Tesla profitable?

Yes. Tesla made $3.8 billion in net profit in 2025, which is $4.00 of every $100 it took in.

How many employees does Tesla have?

About 134,785 employees as of December 31, 2025. That works out to $703,543 in revenue per employee.

Is Tesla growing?

Yes. Revenue went from $31.5 billion in 2020 to $94.8 billion in 2025, up 201%.

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Source: Tesla, Inc., annual report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on January 29, 2026.

Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.