Tesla (TSLA) Tax Rate (2013 - 2026)
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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,216.24 Bn | 1,042.27 Bn | 4.75 Bn | 15.12% |
| 2 | General Motors | 75.35 Bn | -31.16 Bn | 7.33 Bn | 13.65% |
| 3 | Ferrari | 69.70 Bn | 62.19 Bn | 1.18 Bn | 23.00% |
| 4 | Ford Motor | 48.22 Bn | -94.27 Bn | 6.08 Bn | - |
| 5 | Honda Motor | 44.40 Bn | -105.41 Bn | 8.46 Bn | - |
| 6 | Toyota Motor | 24.11 Bn | -382.39 Bn | 20.95 Bn | 20.99% |
| 7 | Magna International | 18.41 Bn | 12.44 Bn | 1.61 Bn | 20.03% |
| 8 | Rivian Automotive | 17.72 Bn | -5.59 Bn | 179.00 Mn | - |
| 9 | Stellantis | 12.89 Bn | -151.76 Bn | 5.55 Bn | 41.40% |
| 10 | Li Auto | 11.86 Bn | -37.05 Bn | 417.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();