Tesla (TSLA) Work In Process (2010 - 2023)

Tesla (TSLA) posted Work In Process of $2.2 billion for Q2 2023, down 10.41% sequentially from $2.5 billion in Q1 2023, and up 60.73% YoY from $1.4 billion in Q2 2022.

Tesla (TSLA) Work In Process (2010 - 2023) Analysis & Trends

Tesla (TSLA) has 14 years of Work In Process data on file, last reported at $2.2 billion in Q2 2023.

  • Quarterly Work In Process rose 60.73% year-over-year to $2.2 billion in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $2.2 billion (up 60.73% YoY) and the FY2022 annual result came in at $2.4 billion, up 119.01% from the prior year.
  • Work In Process slipped to $2.2 billion in Q2 2023 per TSLA's latest filing, from $2.5 billion in the prior quarter.
  • The five-year high for Work In Process was $2.5 billion in Q1 2023, with the low at $277.2 million in Q1 2019.
  • Average Work In Process over 5 years is $1.0 billion, with a median of $715.0 million recorded in 2020.
  • Year-over-year, Work In Process decreased 12.08% in 2019 and surged 187.67% in 2022.
  • Tesla's Work In Process stood at $362.0 million in 2019, then jumped by 36.19% to $493.0 million in 2020, then jumped by 120.89% to $1.1 billion in 2021, then jumped by 119.01% to $2.4 billion in 2022, then dropped by 7.67% to $2.2 billion in 2023.
  • Business Quant data shows TSLA's Work In Process at $2.2 billion in Q2 2023, $2.5 billion in Q1 2023, and $2.4 billion in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 2.20 Bn
Mar 31, 2023 2.46 Bn
Dec 31, 2022 2.39 Bn
Sep 30, 2022 2.24 Bn
Jun 30, 2022 1.37 Bn
Mar 31, 2022 1.31 Bn
Dec 31, 2021 1.09 Bn
Sep 30, 2021 1.06 Bn
Jun 30, 2021 858.00 Mn
Mar 31, 2021 454.00 Mn
Dec 31, 2020 493.00 Mn
Sep 30, 2020 572.00 Mn
Jun 30, 2020 420.00 Mn
Mar 31, 2020 494.00 Mn
Dec 31, 2019 362.00 Mn
Sep 30, 2019 335.00 Mn
Jun 30, 2019 334.64 Mn
Mar 31, 2019 277.16 Mn
Dec 31, 2018 297.00 Mn
Sep 30, 2018 358.11 Mn