Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·TSLA
Preparing the analysis
We’re preparing the company’s analysis.
NASDAQ·TSLA
Tesla, Inc.
Share price$377.51Price as of: Nov 9, 2026
Tesla, Inc. (TSLA) is a company listed on NASDAQ, classified under Auto - Manufacturers.
Tesla creates and sells electric vehicles and energy solutions, with two main areas: Automotive and Energy Generation & Storage.
Revenue · FY 2025
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Sales generated during the period, before costs and expenses.
Net margin · FY 2025
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,73 come from Automotive.
Automotive is its largest source of revenue (73.3%), followed by Energy Generation And Storage Segment (13.5%). Here you will see what it sells, where, and how that mix is changing.
$95bnrevenue in FY 2025
3business lines with data
50%of sales, in UNITED STATES
Full fiscal year ended Dec 31, 2025
After that close
Q3 2026, ended Sep 30, 2026: total revenue −0.2% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2025
02Where revenue comes from
A single line brings in half or more.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
It depends on one main market.
UNITED STATES is its largest market, with 50.2% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2025
04How the mix is changing
Automotive is losing weight.
Weight of each part in 2024 and in 2025. A line gains weight when it grows faster than the total.
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
Tesla still relies heavily on Automotive, which remains 73.3% of revenue, but its dominance is declining as other lines become more important.
That growth in Energy or Services could absorb another drop in Automotive: together, their weight is still far from Automotive and thus far did not offset its fall.
02
Automotive is not only still the largest segment, but its drop determined the overall results: its decline was larger than Tesla’s total revenue fall.
That all segments contributed to the decline: Energy and Services rose, but could not counterbalance the weight of Automotive's drop.
Our take
Tesla still depends on Automotive and the United States: other lines and regions grow, but cannot yet match their weight or offset their declines.
- 01Shown by the figures
Automotive's weight still shapes the outcome
Automotive still dominates Tesla's sales in FY 2025, though its share is shrinking. Its decreases outweighed the gains in other lines, explaining the total fall. The company remains reliant on this segment for scale.
What is not proven
What drives growth in Energy or China, and whether these can accelerate enough to shift the balance between lines and regions.
See the calculations behind it
- Dependence on Automotive falls: from 78.9% of revenue in FY 2024 to 73.3% in FY 2025.
- Automotive accounts for $7.5B of the $2.9B fall in FY 2025. Energy Generation And Storage Segment and Services And Other rose, without making up for it.
- United States brings 50.2% of sales (48.9% in FY 2024). The fastest-growing region is China: +0.1% against −2.9% overall.
- Automotive took away $7.5B, more than the whole fall in revenue in FY 2025 ($2.9B).
- Automotive weighs more than all the other lines together: 73.3% of revenue in FY 2025.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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