Tesla (TSLA) Current Taxes (2010 - 2023)
Tesla (TSLA) posted Current Taxes of $1.24 billion for Q2 2023, up 19.0% from $1.05 billion a year earlier but down 9.3% from the prior quarter.
Analysis
Tesla (TSLA) Current Taxes (2010 - 2023) Analysis & Trends
Since Q4 2010, Tesla has reported Current Taxes for 37 quarters.
- Annual Current Taxes has increased for four consecutive years, with a four-year compound annual growth rate of 37.3% (FY2018 to FY2022).
- In prior years, Tesla's Current Taxes was $1.12 billion in FY2021 (+44.4%), $777 million in FY2020 (+27.2%), $611 million in FY2019 (+75.6%) and $348 million in FY2018.
- Quarterly Current Taxes has run from a low of $348 million in Q4 2018 to a high of $1.37 billion in Q1 2023 over five years.
- On a year-over-year basis, Current Taxes has increased in each of the last 11 quarters, with growth averaging 29.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Current Taxes ranged from 2.8% (Q3 2022) to 107.5% (Q1 2021).
- According to Business Quant data, Current Taxes for the three prior quarters was $1.37 billion (Q1 2023), $1.24 billion (Q4 2022) and $1.11 billion (Q3 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,216.24 Bn | 1,042.27 Bn | 4.75 Bn | - |
| 2 | General Motors | 75.35 Bn | -31.16 Bn | 7.33 Bn | - |
| 3 | Ferrari | 69.70 Bn | 62.19 Bn | 1.18 Bn | 96.20 Mn |
| 4 | Ford Motor | 48.22 Bn | -94.27 Bn | 6.08 Bn | - |
| 5 | Honda Motor | 44.40 Bn | -105.41 Bn | 8.46 Bn | 881.47 Mn |
| 6 | Toyota Motor | 24.11 Bn | -382.39 Bn | 20.95 Bn | 3.14 Bn |
| 7 | Magna International | 18.41 Bn | 12.44 Bn | 1.61 Bn | 121.00 Mn |
| 8 | Rivian Automotive | 17.72 Bn | -5.59 Bn | 179.00 Mn | - |
| 9 | Stellantis | 12.89 Bn | -151.76 Bn | 5.55 Bn | 1.06 Bn |
| 10 | Li Auto | 11.86 Bn | -37.05 Bn | 417.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 1.24 Bn |
| Mar 31, 2023 | 1.37 Bn |
| Dec 31, 2022 | 1.24 Bn |
| Sep 30, 2022 | 1.11 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.27 Bn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 1.08 Bn |
| Jun 30, 2021 | 834.00 Mn |
| Mar 31, 2021 | 828.00 Mn |
| Dec 31, 2020 | 777.00 Mn |
| Sep 30, 2020 | 635.00 Mn |
| Jun 30, 2020 | 484.00 Mn |
| Mar 31, 2020 | 399.00 Mn |
| Dec 31, 2019 | 611.00 Mn |
| Dec 31, 2018 | 348.00 Mn |
| Sep 30, 2016 | 129.04 Mn |
| Jun 30, 2016 | 71.99 Mn |
| Mar 31, 2016 | 93.84 Mn |
| Dec 31, 2015 | 101.21 Mn |
API Access
Tesla Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=TSLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "TSLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();