Tesla TSLA
NASDAQ TSLA
$403.82 +4.01 (+1.00%)
At close: Nov 2, 2026 · 4:00 PM EST

Tesla (TSLA) Tax Rate (2013 - 2026)

Updated

Tesla's Tax Rate came in at 15.12% for Q2 2026, down 8.05 percentage points from 23.18% a year earlier and down 19.23 percentage points from the prior quarter.

Analysis

Tesla (TSLA) Tax Rate (2013 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Tesla reported Tax Rate of 25.93%, up 5.62 percentage points year-over-year; for FY2025, it was 26.96%, up 6.49 percentage points from FY2024.

  • Tax Rate carries a five-year change of +1.66 percentage points (FY2020 to FY2025).
  • Going back by year, Tax Rate was 20.47% in FY2024 (+70.61 pp), -50.15% in FY2023 (-58.40 pp), 8.25% in FY2022 (-2.77 pp) and 11.02% in FY2021 (-14.28 pp).
  • The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2023.
  • Year-over-year, Tax Rate increased in seven of the last eight quarters, with an average year-over-year change of +39.26 percentage points.
  • The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 277.74 percentage points), and the weakest in Q4 2023 (a drop of 269.46 percentage points).
  • Business Quant data shows TSLA's Tax Rate at 34.36% (Q1 2026), 27.52% (Q4 2025) and 29.10% (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Tesla 1,304.64 Bn 1,130.67 Bn 4.75 Bn 15.12%
2 General Motors 78.04 Bn -26.58 Bn 9.28 Bn 14.33%
3 Ferrari 71.80 Bn 64.29 Bn 1.18 Bn 23.00%
4 Ford Motor 49.88 Bn -92.62 Bn 6.08 Bn -
5 Honda Motor 45.70 Bn -104.11 Bn 8.46 Bn -
6 Toyota Motor 25.55 Bn -380.95 Bn 20.95 Bn 20.99%
7 Rivian Automotive 18.92 Bn -2.80 Bn 176.00 Mn -
8 Magna International 18.44 Bn 12.47 Bn 1.61 Bn 20.03%
9 Stellantis 13.64 Bn -147.80 Bn 3.94 Bn -
10 Li Auto 11.25 Bn -37.70 Bn 417.98 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.12%
Mar 31, 2026 34.36%
Dec 31, 2025 27.52%
Sep 30, 2025 29.10%
Jun 30, 2025 23.18%
Mar 31, 2025 28.69%
Dec 31, 2024 15.21%
Sep 30, 2024 21.57%
Jun 30, 2024 20.76%
Mar 31, 2024 25.58%
Sep 30, 2023 8.17%
Jun 30, 2023 11.00%
Mar 31, 2023 9.32%
Dec 31, 2022 6.93%
Sep 30, 2022 8.39%
Jun 30, 2022 8.29%
Mar 31, 2022 9.54%
Dec 31, 2021 11.08%
Sep 30, 2021 11.85%
Jun 30, 2021 8.89%
API Access

Tesla Tax Rate 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=tax-rate&ticker=TSLA&period=max&api_key=YOUR_API_KEY