TTM
18.9%
YoY change
+0.16pp
Trough year (FY2008)
-7.7%
Peak year (FY2011)
30.2%
Latest annual
18.0%
Gross Margin history chart for Tesla (TSLA) from 2016 to 2025
Latest: 18.0%
Gross Margin change chart for Tesla (TSLA) from 2016 to 2025
Latest: +0.16pp
Gross Margin history table for Tesla (TSLA) from 2008 to 2025
| FY2025 | 18.0% | +0.16pp | ||
| FY2024 | 17.9% | -0.39pp | ||
| FY2023 | 18.2% | -7.35pp | ||
| FY2022 | 25.6% | +0.32pp | ||
| FY2021 | 25.3% | +4.26pp | ||
| FY2020 | 21.0% | +4.47pp | ||
| FY2019 | 16.6% | -2.28pp | ||
| FY2018 | 18.8% | -0.07pp | ||
| FY2017 | 18.9% | -3.94pp | ||
| FY2016 | 22.8% | +0.02pp | ||
| FY2015 | 22.8% | -4.74pp | ||
| FY2014 | 27.6% | +4.91pp | ||
| FY2013 | 22.7% | +15.38pp | ||
| FY2012 | 7.3% | -22.88pp | ||
| FY2011 | 30.2% | +3.83pp | ||
| FY2010 | 26.3% | +17.81pp | ||
| FY2009 | 8.5% | +16.26pp | ||
| FY2008 | -7.7% | — |
- FY202518.0%+0.16pp
- FY202417.9%-0.39pp
- FY202318.2%-7.35pp
- FY202225.6%+0.32pp
- FY202125.3%+4.26pp
- FY202021.0%+4.47pp
- FY201916.6%-2.28pp
- FY201818.8%-0.07pp
- FY201718.9%-3.94pp
- FY201622.8%+0.02pp
- FY201522.8%-4.74pp
- FY201427.6%+4.91pp
- FY201322.7%+15.38pp
- FY20127.3%-22.88pp
- FY201130.2%+3.83pp
- FY201026.3%+17.81pp
- FY20098.5%+16.26pp
- FY2008-7.7%—
Gross Margin values are taken from Tesla's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Tesla (TSLA)
According to Tesla's latest reported financial statements, the company's latest reported gross margin is 18.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Tesla (TSLA) most recent annual gross margin stands at 18.03% (2025) – expanded 0.2 percentage points year-over-year.
2011 marks the peak gross margin at 30.16%, with the historical low of -7.74% recorded in 2008.
Tesla Gross Margin by Year
Tesla Gross Margin 2025: 18.0%
2025's gross margin for Tesla came in at 18.03%, expanded 0.2 percentage points from 2024.
Tesla Gross Margin 2024: 17.9%
Tesla posted gross margin of 17.86% in 2024, contracted 0.4 percentage points from 2023.
Tesla Gross Margin 2023: 18.2%
In 2023, Tesla reported gross margin of 18.25%, contracted 7.3 percentage points from 2022.
Tesla Gross Margin 2022: 25.6%
Tesla gross margin in 2022 was 25.60%, expanded 0.3 percentage points from 2021.
Tesla Gross Margin 2021: 25.3%
Tesla gross margin in 2021 was 25.28%.
See more financial history for Tesla (TSLA).
Sector peers by Gross Margin
Consumer Cyclical peers of Tesla (TSLA), ranked by their latest gross margin
| 100.0% | |
| 57.4% | |
| 56.0% | |
| 50.8% | |
| 39.8% | |
| 33.8% | |
| 33.1% | |
| 31.4% |
- 100.0%
- 57.4%
- 56.0%
- 50.8%
- 39.8%
- 33.1%
- 31.4%
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