Tesla vs Ford: who makes more money?

Ford is bigger: $187 billion in revenue against $94.8 billion for Tesla, about 2.0 times as much. But Tesla keeps more of each sale: $4.00 of every $100 versus $-4.36. Across 4 rounds from their latest annual reports, Tesla wins 3.

From each company's latest Form 10-K: Tesla (year ended December 31, 2025) and Ford (year ended December 31, 2025). Page updated November 8, 2026.

3Tesla

–

1Ford

Revenue Money coming in

Tesla

$94.8 billion

FordWins

$187 billion

Net profit After every cost and tax

TeslaWins

$3.8 billion

Ford

-$8.2 billion

Kept per $100 of sales Profit margin

TeslaWins

$4.00

Ford

$-4.36

Growth over 5 years Revenue, first to latest year shown

TeslaWins

+201%

Ford

+47%

How each one makes its money.

Tesla

Tesla makes most of its money selling electric cars, plus batteries for homes and power grids, service, and credits it sells to other carmakers.

Car sales$65.8B69% of total

Energy storage and solar$12.8B13% of total

Service and other$12.5B13% of total

Credits sold to other carmakers$2.0B2% of total

Car leasing$1.7B2% of total

How Tesla makes money

Ford

Ford sells gas trucks and cars (Ford Blue), work vehicles and fleet services (Ford Pro), EVs (Model e), and makes car loans (Ford Credit).

Ford Blue$101B54% of total

Ford Pro$66.3B35% of total

Ford Credit$13.3B7% of total

Model e$6.7B4% of total

How Ford makes money

Quick answers.

Who makes more money, Tesla or Ford?

Ford: $187 billion in revenue against $94.8 billion.

Which is more profitable, Tesla or Ford?

Tesla keeps more of each dollar ($4.00 of every $100). In total profit, Tesla made more: $3.8 billion.

Swap in another company

Sources: Tesla, Inc. Form 10-K and Ford Motor Company Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.