Tesla (TSLA) Operating Leases (2019 - 2023)
Tesla recorded quarterly Operating Leases of $2.9 billion in Q2 2023, up 22.69% quarter-over-quarter from $2.4 billion in Q1 2023, and up 60.87% year-over-year from $1.8 billion in Q2 2022.
Tesla's Operating Leases history runs 5 years deep, the most recent figure standing at $2.9 billion for Q2 2023.
- In Q2 2023, Operating Leases rose 60.87% year-over-year to $2.9 billion; the TTM figure through Jun 2023 stood at $2.9 billion (up 60.87% YoY), while the FY2022 annual figure was $2.2 billion, up 29.5% from the prior year.
- Operating Leases came in at $2.9 billion for Q2 2023 at Tesla, up from $2.4 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $2.9 billion in Q2 2023 to a low of $941.0 million in Q1 2020.
- A 5-year average of $1.5 billion and a median of $1.4 billion in 2021 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases slipped 5.98% in 2020 and soared 60.87% in 2023, its largest moves.
- Tesla's Operating Leases stood at $956.0 million in 2019, then surged by 31.17% to $1.3 billion in 2020, then surged by 33.25% to $1.7 billion in 2021, then increased by 29.5% to $2.2 billion in 2022, then soared by 35.44% to $2.9 billion in 2023.
- According to Business Quant data, Operating Leases over the past three periods registered $2.9 billion, $2.4 billion, and $2.2 billion for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 2.93 Bn |
| Mar 31, 2023 | 2.39 Bn |
| Dec 31, 2022 | 2.16 Bn |
| Sep 30, 2022 | 1.90 Bn |
| Jun 30, 2022 | 1.82 Bn |
| Mar 31, 2022 | 1.81 Bn |
| Dec 31, 2021 | 1.67 Bn |
| Sep 30, 2021 | 1.63 Bn |
| Jun 30, 2021 | 1.41 Bn |
| Mar 31, 2021 | 1.33 Bn |
| Dec 31, 2020 | 1.25 Bn |
| Sep 30, 2020 | 1.10 Bn |
| Jun 30, 2020 | 1.02 Bn |
| Mar 31, 2020 | 941.00 Mn |
| Dec 31, 2019 | 956.00 Mn |
| Sep 30, 2019 | 1.03 Bn |
| Jun 30, 2019 | 1.03 Bn |
| Mar 31, 2019 | 1.00 Bn |