Tesla (TSLA) Tax Rate (2010 - 2026)
Tesla (TSLA) posted Tax Rate of 34.36% for Q1 2026, up 26.02% sequentially from 27.27% in Q4 2025, and up 567.0% YoY from 5.15% in Q1 2025.
Tesla (TSLA) Tax Rate (2010 - 2026) Analysis & Trends
Tesla (TSLA) has 17 years of Tax Rate data on file, last reported at 34.36% in Q1 2026.
- Quarterly Tax Rate rose 567.0% year-over-year to 34.36% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.74% (up 793.0% YoY) and the FY2025 annual result came in at 26.9%, up 647.0% from the prior year.
- Tax Rate climbed to 34.36% in Q1 2026 per TSLA's latest filing, from 27.27% in the prior quarter.
- The five-year high for Tax Rate was 34.36% in Q1 2026, with the low at 262.53% in Q4 2023.
- Average Tax Rate over 5 years is 1.45%, with a median of 15.1% recorded in 2024.
- Year-over-year, Tax Rate plunged 26946 bps in 2023 and soared 27762 bps in 2024.
- Tesla's Tax Rate stood at 6.93% in 2022, then sank by 3889 bps to 262.53% in 2023, then surged by 106 bps to 15.1% in 2024, then surged by 81 bps to 27.27% in 2025, then rose by 26 bps to 34.36% in 2026.
- Business Quant data shows TSLA's Tax Rate at 34.36% in Q1 2026, 27.27% in Q4 2025, and 29.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 34.36% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 12.40% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 19.18% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 0.64% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.48% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -12.50% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 3.79% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -0.12% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -0.02% |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | -43.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.36% |
| Mar 31, 2026 | 34.36% |
| Dec 31, 2025 | 27.27% |
| Dec 31, 2025 | 27.27% |
| Sep 30, 2025 | 29.10% |
| Sep 30, 2025 | 29.10% |
| Jun 30, 2025 | 23.18% |
| Jun 30, 2025 | 23.18% |
| Mar 31, 2025 | 28.69% |
| Mar 31, 2025 | 28.69% |
| Dec 31, 2024 | 15.10% |
| Dec 31, 2024 | 15.10% |
| Sep 30, 2024 | 21.57% |
| Sep 30, 2024 | 21.57% |
| Jun 30, 2024 | 20.76% |
| Jun 30, 2024 | 20.76% |
| Mar 31, 2024 | 25.58% |
| Mar 31, 2024 | 25.58% |
| Dec 31, 2023 | -262.53% |
| Dec 31, 2023 | -262.53% |