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| Date | Value |
|---|---|
| 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 |