Tesla Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Tesla Inc (TSLA) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Tesla Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 103,619M vs 246,777M combined for tracked competitors (29.6% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+9.0% annualized vs trailing 12 months), vs accelerating (+3.5%) for its tracked peer group.
- Growth: Tesla Inc generated 25.5% revenue growth year over year in Q2 2026, vs 2.9% for its tracked competitors combined.
- Profitability: Its 4.0% net margin compares with 0.3% for the peer group.
- Scale: Tesla Inc ranks #1 of 31 companies by market capitalization in the EV, Auto & Truck Manufacturers industry, holding 64.2% of industry market cap.
- Peer revenue share: Tesla Inc accounted for 30.7% of combined revenue among its tracked peer group, up from 26.6% a year earlier.
- Peer differentiation: Revenue per employee of $0.77M compares with $1.77M for the peer group (0.4x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
TSLA Sales vs. its Competitors, Q2 2026
Tesla Inc reported revenue growth of 25.52 % year on year in Q2 2026, above its competitors' combined revenue growth of 2.90 %.
With a net margin of 3.99 %, Tesla Inc achieved higher profitability than its competitors (0.30 %).
Tesla Inc generated 30.66 % of the combined sales of its peer group, up from 26.61 % a year earlier.
Tesla Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Tesla Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Tesla Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (20) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (3) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Tesla Inc's competitor groups requires a Commercial License.
For context: the EV, Auto & Truck Manufacturers industry grew revenue 4.2% year over year, combined, vs 25.5% for Tesla Inc. Tesla Inc's share of combined industry revenue moved from 2.07% to 2.50%, a gain of 0.42 percentage points.
Tesla Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Tesla Inc | Yes | Yes | Yes | No |
| Competitors combined (47) | ||||
| High-Confidence Competitors (35) | ||||
| Similar-Size Competitors (5) | ||||
| Similar Growth & Profitability (8) | 62.50 % (5 of 8) | 87.50 % (7 of 8) | 50.00 % (4 of 8) | 50.00 % (4 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
TSLA Stock Performance relative to its Competitors
TSLA Stock Performance relative to High-Confidence Competitors
TSLA Stock Performance relative to Similar-Size Competitors
TSLA Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Newhydrogen Inc | 282.9% | Outperformed |
| 2 | Nxu Inc | 282.9% | Outperformed |
| 3 | Energy Vault Holdings Inc | 282.9% | Outperformed |
| 4 | General Motors Company | 282.9% | Outperformed |
| 5 | Faraday Future Intelligent Electric Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Tesla Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Tesla Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Tesla Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Tesla Inc | 1,249,053.60 | 103,619.00 |
| General Motors Company | 73,227.70 | 185,527.00 |
| Ferrari N v | 71,693.96 | 8,003.26 |
| Ford Motor Co | 50,073.30 | 191,465.00 |
| Li Auto Inc | 24,062.83 | 16,059.82 |
| Rivian Automotive Inc | 19,835.25 | 5,883.00 |
| SUBTOTAL | 1,533,753.50 | 2,102,661.07 |
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Sources: Tesla Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Tesla Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Tesla Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Polestar Automotive Holding Uk Plc | Named by the company | 85% |
| Biolargo Inc | Named by the company | 85% |
| Faraday Future Intelligent Electric Inc | Named by the company | 85% |
| Energy Vault Holdings Inc | Named by the company | 85% |
| Ses Ai Corporation | Named by the company | 85% |
| Aeternum Health Inc | Named by the company | 85% |
| Eos Energy Enterprises Inc | Named by the company | 85% |
| Neovolta Inc | Named by the company | 85% |
| Blink Charging Co | Named by the company | 85% |
| Nubia Brand International Corp | Named by the company | 85% |
| Phoenix Motor Inc | Named by the company | 85% |
| Ess Tech Inc | Named by the company | 85% |
| Nikola Corporation | Named by the company | 85% |
| Nxu Inc | Named by the company | 85% |
| Chargepoint Holdings Inc | Named by the company | 85% |
| Enphase Energy Inc | Named by the company | 85% |
| Nuvve Holding Corp | Named by the company | 85% |
| Electrameccanica Vehicles Corp | Named by the company | 85% |
| Volta Inc | Named by the company | 85% |
| Tritium Dcfc Limited | Named by the company | 85% |
| Hyzon Motors Inc | Named by the company | 85% |
| PEV | Named by the company | 85% |
| Skyworks Solutions Inc | Named by the company | 85% |
| Canadian Solar inc | Named by the company | 85% |
| Fisker Inc | Named by the company | 85% |
| Nwtn Inc | Named by the company | 85% |
| Quantumscape Corporation | Named by the company | 85% |
| SPEV | Named by the company | 85% |
| Electrovaya Inc | Named by the company | 85% |
| FFIE | Named by the company | 85% |
| Li Auto Inc | Named by the company | 85% |
| Solarmax Technology Inc | Named by the company | 85% |
| Albemarle Corporation | Named by the company | 85% |
| Turbo Energy S A | Named by the company | 85% |
| Carvana Co | Named by the company | 85% |
| Evgo Inc | Named by the company | 85% |
| Solaredge Technologies Inc | Named by the company | 85% |
| Ads Tec Energy Public Ltd Co | Named by the company | 85% |
| Sunpower Corp | Named by the company | 85% |
| Fluence Energy Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Tesla Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Tesla Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Tesla Inc | Automotive 88.88 % |
| General Motors Company | GM North America 83.10 % |
| Ford Motor Co | Ford Blue 51.38 % |
| Rivian Automotive Inc | Automotive 65.75 % |
| Oshkosh Corporation | Access 45.98 % |
| Lithia Motors Inc | Vehicle Operations 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Tesla Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Tesla Inc | 1,249,054 | 768,772 | 28,668 |
| General Motors Company | 73,228 | 1,189,276 | 13,410 |
| Ferrari N v | 71,694 | 1,399,661 | 313,301 |
| Ford Motor Co | 50,073 | 1,132,929 | -36,000 |
| Li Auto Inc | 24,063 | 2,658,471 | 26,972 |
| Rivian Automotive Inc | 19,835 | 386,226 | -211,594 |
| PEERS TOTAL | 284,700 | 1,766,957 | -11,313 |
Tesla Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Tesla Inc | United States 46.78 % |
| Oshkosh Corporation | US 83.80 % |
| Lithia Motors Inc | United States 77.37 % |
| Enphase Energy Inc | United States 74.85 % |
| Eos Energy Enterprises Inc | United Kingdom 51.06 % |
| Chargepoint Holdings Inc | United States 74.76 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Tesla Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 26 companies in Tesla Inc's industry classification, broader than the peer set above. Market cap in millions of $.Tesla Inc ranks #1 of 26 companies by market capitalization in its industry, holding 64.19 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 4,391, indicating a highly concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Tesla Inc | 1,250,151 | 64.19 % |
| 2 | Toyota Motor Corp | 251,037 | 12.89 % |
| 3 | Honda Motor Co Ltd | 157,930 | 8.11 % |
| 4 | General Motors Company | 73,291 | 3.76 % |
| 5 | Ferrari N v | 1,234 | 5.2% |
| 6 | Ford Motor Co | 1,234 | 5.2% |
| 7 | Li Auto Inc | 1,234 | 5.2% |
| 8 | Rivian Automotive Inc | 1,234 | 5.2% |
| 9 | Stellantis N v | 1,234 | 5.2% |
| 10 | Xpeng Inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Tesla Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-29.
Tesla Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Tesla Inc | 1,250,151 | -19.81 % |
| 2 | Toyota Motor Corp | 251,037 | -6.22 % |
| 3 | Honda Motor Co Ltd | 1,234 | 12.3% |
| 4 | General Motors Company | 1,234 | 12.3% |
| 5 | Ferrari N v | 1,234 | 12.3% |
| 6 | Ford Motor Co | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Tesla Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-29. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Tesla Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the EV, Auto & Truck Manufacturers industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (36 companies). See the full EV, Auto & Truck Manufacturers industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 18.85 % | 7.74 % (avg) | +11.1 pp |
| Operating Margin | 4.22 % | industry median | +29.4 pp |
| EBITDA Margin | 7.65 % | -10.52 % (avg) | +18.2 pp |
| Capital Intensity (Capex / Revenue) | 12.48 % | 10.58 % (avg) | +1.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Tesla Inc's Valuation vs Competitive Position
Valuation multiples vs the EV, Auto & Truck Manufacturers industry average (36 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full EV, Auto & Truck Manufacturers industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 366.7x | 28.1x | +338.6x |
| EV / EBITDA | 171.7x | 22.2x | +149.4x |
| P/B | 16.8x | 3.9x | +12.9x |
| Return on Equity | 4.63 % | industry aggregate | 6.37 % |
| Return on Invested Capital | 2.29 % | 2.15 % (avg) | 0.14 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Tesla Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 82.51 % | 14.52 % | 28.31 % | 70.67 % | 51.35 % | 18.80 % | 0.95 % | -2.93 % |
| Operating Margin | -1.81 % | -0.28 % | 6.32 % | 12.12 % | 16.76 % | 9.19 % | 7.24 % | 4.59 % |
| Return on Invested Capital | -1.70 % | -0.26 % | 4.56 % | 10.00 % | 15.68 % | 7.41 % | 4.58 % | 2.44 % |
| P/E | - | - | 3,187.4x | 655.8x | 44.2x | 53.8x | 186.4x | 409.2x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Tesla Inc's Strategic Group Map
Every company in Tesla Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Tesla Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Tesla Inc's BCG Growth-Share Matrix
Relative market share (vs Tesla Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Tesla Inc falls in the Cash Cow quadrant: relative market share of 4.98x vs its largest competitor, in an industry growing revenue 2.7% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Tesla Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 4,391 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 12.48 % vs industry average 10.58 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Tesla Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Tesla Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Tesla Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Tesla Inc falls in the Medium attractiveness / High strength cell: Invest / Grow.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Tesla Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Market leader by capitalization in its industry (#1 of 26, 64.19 % share).
- Operating margin 29.4 points above the industry median.
- Return on equity 6.4 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+9.0% annualized vs trailing 12 months).
Weaknesses
- Underperforming the U.S.A. 500 over the trailing 12 months.
Opportunities
- A meaningful share of tracked competitors (50.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Tesla Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Tesla Inc | 0.50 | 2.05 | 0.03 |
| General Motors Company | 0.23 | 1.17 | 0.62 |
| Ferrari N v | 13.00 | 42.73 | - |
| Ford Motor Co | 0.20 | 1.10 | 0.50 |
| Li Auto Inc | 0.89 | 1.81 | 0.13 |
| Rivian Automotive Inc | 1.03 | 2.31 | 0.92 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Tesla Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Tesla Inc | Q2 2026 | +25.5 % | -5.2 % |
| General Motors Company | Q2 2026 | +1.9 % | -28.5 % |
| Ferrari N v | Q4 2025 | +7.0 % | +4.8 % |
| Ford Motor Co | Q1 2026 | +7.2 % | +439.3 % |
| Li Auto Inc | Q4 2025 | -18.9 % | -85.2 % |
| Rivian Automotive Inc | Q2 2026 | +27.2 % | - |
| PEERS TOTAL | +2.6 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Tesla Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Tesla Inc | Q2 2026 | +26.1 % | +142.1 % |
| General Motors Company | Q2 2026 | - | -9.1 % |
| Ferrari N v | Q4 2025 | +3.7 % | +0.6 % |
| Ford Motor Co | Q1 2026 | +0.4 % | +30.7 % |
| Li Auto Inc | Q4 2025 | -17.0 % | -43.2 % |
| Rivian Automotive Inc | Q2 2026 | -2.0 % | -21.6 % |
Tesla Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Tesla Inc | 2.74% | 3.60% | 4.63% |
| General Motors Company | 0.74% | 1.10% | 3.22% |
| Ferrari N v | 16.61% | 20.24% | 40.86% |
| Ford Motor Co | - | - | - |
| Li Auto Inc | 0.74% | 1.26% | 1.57% |
| Rivian Automotive Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Tesla Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Tesla Inc | 326.70 | 12.05 |
| General Motors Company | 46.51 | 0.39 |
| Ferrari N v | 44.87 | 8.96 |
| Ford Motor Co | - | 0.26 |
| Li Auto Inc | 20.80 | 1.50 |
| Rivian Automotive Inc | - | 3.37 |
| PEERS AVERAGE | - | 0.73 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.