CSIMarket
 


Tesla Inc   (TSLA)
Other Ticker:  
 


Tesla Inc 's Effective Tax Rate by quarter

Trends, Rankings, Statistics



TSLA Effective Tax Rate (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Pre-Tax Income Change -44.54 % -44.99 % -43.76 % 18.71 % -22.78 %
Seq. Pre-Tax Income Change -29.12 % 7.14 % -30.37 % 4.89 % -29.7 %
Pre-Tax Income In Millions $1,553.00 $2,191.00 $2,045.00 $2,937.00 $2,800.00
Effective Tax Rate 26.34 % -262.53 % 8.17 % 11 % 9.32 %
Effective Tax Rate Total Ranking # 1332 # # 242 # 290 # 230
Income taxes expenses / -benefit In Millions $409.00 $-5,752.00 $167.00 $323.00 $261.00
Y / Y Income taxes expenses / -benefit Change 56.7 % - -45.25 % 57.56 % -24.57 %
Seq. Income taxes expenses / -benefit Change - - -48.3 % 23.75 % -5.43 %


Commenting First Quarter 2024 Effective Tax Rate
Company's effective tax rate in I. Quarter increased compare to previous quarter to 26.34 %, above company's average Effective Tax Rate.

Looking into I. Quarter results within EV, Auto & Truck Manufacturers industry only one company achieved lower Effective Tax Rate. While Effective Tax Rate total ranking has deteriorated compare to previous quarter from to 1332.

TSLA's Effective Tax Rate first quarter 2024 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 2
Consumer Discretionary Sector # 61
Overall # 1331

TSLA's Effective Tax Rate Statistics
High Average Low
33.51 % 13.08 % 1.32 %
(Sep 30 2020)   (March 31, 2013)




Other Effective Tax Rate Profitability Ratios
TSLA's Cumulative Effective Tax Rate
EV, Auto & Truck Manufacturers Industry Effective Tax Rate Trends and Statistics
Consumer Discretionary Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
TSLA's Effective Tax Rate Profitability versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for TSLA's Competitors
Effective Tax Rate Profit Margin for Tesla Inc 's Suppliers
Effective Tax Rate Profit Margin for TSLA's Customers

You may also want to know
TSLA's Annual Growth Rates TSLA's Profitability Ratios TSLA's Asset Turnover Ratio TSLA's Dividend Growth
TSLA's Roe TSLA's Valuation Ratios TSLA's Financial Strength Ratios TSLA's Income taxes expenses / -benefit Growth
TSLA's Roa TSLA's Inventory Turnover Ratio TSLA's Growth Rates TSLA's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending Mar 31 2024, within EV, Auto & Truck Manufacturers Industry Effective Tax RateMar 31 2024 MRQ Income taxes expenses / -benefitMar 31 2024 MRQ Pre-Tax Income
Honda Motor Co Ltd   28.00 %$ 2,893.424 $ 10,335.309 
Toyota Motor Corp  27.19 %$ 11,794.127 $ 43,379.951 
Tesla Inc   26.34 %$ 409.000 $ 1,553.000 
General Motors Company  20.51 %$ 762.000 $ 3,715.000 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com