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 has reported Work In Process for 14 years, with the latest figure 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.
  • Over five years, Work In Process peaked at $2.5 billion in Q1 2023 and troughed at $277.2 million in Q1 2019.
  • A 5-year average of $1.0 billion and a median of $715.0 million in 2020 frame the typical range for Work In Process.
  • The sharpest annual moves came in 2019 and 2022: Work In Process fell 12.08% in 2019, then soared 187.67% in 2022.
  • Over 5 years, Work In Process stood at $362.0 million in 2019, then soared by 36.19% to $493.0 million in 2020, then soared by 120.89% to $1.1 billion in 2021, then soared by 119.01% to $2.4 billion in 2022, then slipped by 7.67% to $2.2 billion in 2023.
  • According to Business Quant data, Work In Process over the past three periods registered $2.2 billion, $2.5 billion, and $2.4 billion for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn
10 Nio 11.72 Bn 7.14 Bn 704.43 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