# Tesla, Inc. (TSLA)

> Tesla makes electric vehicles, home and grid energy systems, and software and services for driving, charging, and energy storage.

- Exchange: Nasdaq · Sector: Consumer Discretionary · Industry: Auto Manufacturers
- Headquarters: Austin, Texas, United States
- Founded: 2003
- Employees: 134,785 (December 31, 2025)
- SEC CIK: 0001318605 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001318605))
- Full page: https://inspectstocks.com/stocks/tsla
- Data as of: price 2026-09-25; newest filing used 2026-07-23; latest fiscal period ended 2026-06-30

## Grade

**C** on the growth-and-cash rubric, 3 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Revenue growing overall | passed | $103.6B | $94B |
| Revenue growing recently | passed | $103.6B | $94.8B |
| Free cash flow positive | passed | $5.8B |  |
| Free cash flow growing overall | failed | $5.8B | $6.2B |
| Free cash flow growing recently | failed | $5.8B | $6.2B |

Business quality (the + / − mark): 3 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 3.7% |  |
| Healthy profit margin | failed | 3.7% |  |
| Strong operating margin | failed | 4.2% |  |
| Good return on equity | failed | 4.6% |  |
| Debt under control | passed | 0.18 |  |
| Turns sales into cash | passed | 5.6% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $103.6B |
| Net income, trailing twelve months | $3.8B |
| Free cash flow, trailing twelve months | $5.8B |
| Net margin | 3.7% |
| Operating margin | 4.2% |
| Return on equity | 4.6% |
| Debt to equity | 0.18 |
| Diluted EPS, trailing twelve months | $1.08 |
| Share price | $372.11 |
| Market value | $1.47T |
| Price / earnings | 344.5x |
| Price / sales | 14.2x |

## What the business does

Tesla designs, manufactures, sells, and leases electric vehicles, including the Model 3, Model Y, Model S, Model X, Cybertruck, and Semi. It sells home and large-scale batteries, solar products, vehicle charging, and related services. It also sells Full Self-Driving (FSD) (Supervised) driver-assistance features and operates a Robotaxi ride service, while developing artificial intelligence (AI) robots such as Optimus.

### How it makes money

- **Automotive and related services** (89.0% (six months ended June 30, 2026)) — Customers pay for vehicle purchases and leases, used vehicles, maintenance and collision work, paid Supercharging, insurance and other services. This segment also includes sales of regulatory credits to other regulated companies.
- **Energy generation and storage** (11.0% (six months ended June 30, 2026)) — Customers pay to buy, lease, or finance energy storage and solar systems, and for related services. Some commercial solar customers pay for electricity produced by Tesla-owned systems under power purchase agreements.

### Products

- **Tesla vehicles** — Electric cars and trucks including Model 3, Model Y, Model S, Model X, Cybertruck, and the commercial Tesla Semi.
- **FSD (Supervised)** — Paid driver-assistance software that can handle some driving tasks in suitable conditions; the driver remains responsible for driving.
- **Robotaxi** — A ride-hailing service using Tesla vehicles and autonomous-driving technology. Tesla says its current service uses Model Y vehicles and is intended to include the purpose-built Cybercab.
- **Powerwall** — A rechargeable battery system for homes and small businesses that stores electricity.
- **Megapack** — Large battery systems for utilities, businesses, industrial sites, and energy producers to store and supply electricity.
- **Solar panels and Solar Roof** — Solar panels and roof tiles that generate electricity; Tesla designs systems to work with its Powerwall batteries.

### Customers

- Individuals and families who buy or lease vehicles through Tesla's website or company-owned stores, and may trade in a vehicle.
- Homeowners and small businesses that buy or lease Powerwall batteries and solar systems, directly or through channel partners.
- Utilities, energy producers, and commercial or industrial customers that buy or lease Megapack systems and related services.
- Drivers who pay to use Superchargers, including drivers of some non-Tesla vehicles.
- Other regulated companies that buy Tesla's automotive regulatory credits to help meet regulatory requirements.
- Riders who use Tesla's Robotaxi service in the places where it operates.

### Competitors

- BYD (BYDDY) — Electric cars and batteries.
- Ford Motor Company (F) — Cars, pickup trucks, and electric vehicles.
- Rivian Automotive (RIVN) — Electric pickup trucks, sport utility vehicles, and commercial vehicles.
- Toyota Motor Corporation (TM) — Cars, sport utility vehicles, and hybrid and electric vehicles.
- Fluence Energy (FLNC) — Large battery energy-storage systems and related software.
- Waymo (GOOGL) — Autonomous ride-hailing; Waymo is a division of Alphabet, the listed parent.

### What it depends on

- Vehicle and energy-system production depends on battery cells, electronics, raw materials, and other parts supplied by companies around the world; some components come from single suppliers.
- Vehicle demand and some energy-project economics are affected by government rules, tariffs, and purchase incentives, which can change between markets and over time.
- FSD and Robotaxi depend on software development and, for commercial autonomous ride-hailing, permission to test and operate under varying local and national rules.
- The company identifies Chief Executive Officer Elon Musk as a key person on whose services it is highly dependent.

### What could go wrong

- Supplier delays, shortages, tariffs, or higher prices for battery cells, electronics, and materials could interrupt production or raise costs; Tesla says current tariffs affect its energy business more than its automotive business.
- Vehicle sales are exposed to changing customer demand, financing costs, competition, and government incentives; demand for regulatory credits also changes with regulations and other automakers' needs.
- Robotaxi and other autonomous-driving products face safety, technical, and regulatory hurdles: accidents, defects, or restrictions on testing and commercial operation could delay or limit their use.

## More on this company

- [Overview](https://inspectstocks.com/stocks/tsla)
- [Financial statements](https://inspectstocks.com/stocks/tsla/financials)
- [Competitors](https://inspectstocks.com/stocks/tsla/peers)
- [Earnings](https://inspectstocks.com/stocks/tsla/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.