Tesla Net Income vs Cost of Revenue Analysis

TSLA Stock

USD 161.48 9.57 5.59%

Tesla financial indicator trend analysis is much more than just breaking down Tesla Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tesla Inc is a good investment. Please check the relationship between Tesla Net Income and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Income vs Cost Of Revenue

Net Income vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tesla Inc Net Income account and Cost of Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tesla's Net Income and Cost of Revenue is 0.96. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Tesla Inc, assuming nothing else is changed. The correlation between historical values of Tesla's Net Income and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Tesla Inc are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Net Income i.e., Tesla's Net Income and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tesla Inc financial statement analysis. It represents the amount of money remaining after all of Tesla Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on Tesla Inc income statement and represents the costs associated with goods and services Tesla provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Tesla's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tesla Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Tesla's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 55.18, whereas Tax Provision is projected to grow to (4.8 B).

	2021	2022	2023	2024 (projected)
Interest Expense	371M	191M	156M	242.4M
Depreciation And Amortization	2.9B	4.2B	4.7B	4.9B

Interest Expense Depreciation And Amortization

Tesla fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.32	0.99	0.99	0.98	0.98	0.93	-0.73	0.81	0.98	0.9	0.97	0.99	0.98	0.99	0.9	0.82	0.56	0.97	0.99	0.97	0.96	0.99	0.99	0.8	0.95
Short Long Term Debt Total	0.32		0.34	0.33	0.11	0.45	0.58	0.23	-0.23	0.2	0.4	0.48	0.25	0.24	0.29	0.43	0.56	0.91	0.16	0.2	0.37	0.56	0.36	0.22	0.72	0.08
Other Current Liab	0.99	0.34		0.99	0.96	0.98	0.94	-0.71	0.79	0.97	0.88	0.98	0.98	0.96	0.98	0.9	0.82	0.57	0.96	0.98	0.96	0.96	0.98	0.97	0.79	0.94
Total Current Liabilities	0.99	0.33	0.99		0.96	0.98	0.94	-0.73	0.78	0.99	0.91	0.98	0.98	0.97	0.99	0.9	0.85	0.57	0.97	0.99	0.98	0.96	0.97	0.98	0.8	0.94
Total Stockholder Equity	0.98	0.11	0.96	0.96		0.92	0.84	-0.82	0.9	0.97	0.86	0.91	0.97	0.98	0.98	0.85	0.73	0.38	0.98	0.98	0.94	0.87	0.95	0.99	0.69	0.97
Property Plant And Equipment Net	0.98	0.45	0.98	0.98	0.92		0.97	-0.62	0.72	0.95	0.88	1.0	0.97	0.93	0.96	0.88	0.85	0.68	0.94	0.95	0.96	0.99	0.98	0.95	0.85	0.89
Current Deferred Revenue	0.93	0.58	0.94	0.94	0.84	0.97		-0.55	0.57	0.89	0.89	0.98	0.91	0.89	0.91	0.88	0.9	0.78	0.87	0.89	0.94	0.99	0.93	0.89	0.85	0.81
Net Debt	-0.73	0.23	-0.71	-0.73	-0.82	-0.62	-0.55		-0.74	-0.81	-0.8	-0.62	-0.7	-0.83	-0.75	-0.7	-0.58	-0.01	-0.75	-0.79	-0.78	-0.55	-0.64	-0.81	-0.32	-0.78
Retained Earnings	0.81	-0.23	0.79	0.78	0.9	0.72	0.57	-0.74		0.81	0.57	0.69	0.85	0.81	0.82	0.61	0.42	0.06	0.88	0.85	0.7	0.64	0.81	0.84	0.44	0.91
Accounts Payable	0.98	0.2	0.97	0.99	0.97	0.95	0.89	-0.81	0.81		0.89	0.95	0.98	0.96	0.98	0.88	0.82	0.46	0.98	0.99	0.96	0.91	0.94	0.98	0.72	0.96
Cash	0.9	0.4	0.88	0.91	0.86	0.88	0.89	-0.8	0.57	0.89		0.89	0.83	0.94	0.9	0.93	0.88	0.57	0.82	0.88	0.97	0.88	0.84	0.91	0.75	0.8
Non Current Assets Total	0.97	0.48	0.98	0.98	0.91	1.0	0.98	-0.62	0.69	0.95	0.89		0.96	0.93	0.95	0.88	0.87	0.7	0.93	0.94	0.96	0.99	0.97	0.94	0.85	0.88
Non Currrent Assets Other	0.99	0.25	0.98	0.98	0.97	0.97	0.91	-0.7	0.85	0.98	0.83	0.96		0.94	0.98	0.85	0.79	0.52	0.99	0.99	0.93	0.94	0.98	0.97	0.77	0.97
Cash And Short Term Investments	0.98	0.24	0.96	0.97	0.98	0.93	0.89	-0.83	0.81	0.96	0.94	0.93	0.94		0.98	0.92	0.81	0.47	0.95	0.98	0.98	0.91	0.94	0.99	0.75	0.94
Net Receivables	0.99	0.29	0.98	0.99	0.98	0.96	0.91	-0.75	0.82	0.98	0.9	0.95	0.98	0.98		0.92	0.81	0.52	0.98	0.99	0.97	0.94	0.97	0.99	0.8	0.97
Common Stock Total Equity	0.9	0.43	0.9	0.9	0.85	0.88	0.88	-0.7	0.61	0.88	0.93	0.88	0.85	0.92	0.92		0.83	0.58	0.84	0.9	0.94	0.89	0.86	0.9	0.76	0.85
Common Stock Shares Outstanding	0.82	0.56	0.82	0.85	0.73	0.85	0.9	-0.58	0.42	0.82	0.88	0.87	0.79	0.81	0.81	0.83		0.77	0.76	0.8	0.88	0.88	0.78	0.81	0.78	0.7
Non Current Liabilities Total	0.56	0.91	0.57	0.57	0.38	0.68	0.78	-0.01	0.06	0.46	0.57	0.7	0.52	0.47	0.52	0.58	0.77		0.44	0.46	0.58	0.76	0.6	0.47	0.8	0.35
Inventory	0.97	0.16	0.96	0.97	0.98	0.94	0.87	-0.75	0.88	0.98	0.82	0.93	0.99	0.95	0.98	0.84	0.76	0.44		0.99	0.92	0.9	0.95	0.98	0.72	0.98
Other Current Assets	0.99	0.2	0.98	0.99	0.98	0.95	0.89	-0.79	0.85	0.99	0.88	0.94	0.99	0.98	0.99	0.9	0.8	0.46	0.99		0.96	0.92	0.96	0.99	0.73	0.98
Other Stockholder Equity	0.97	0.37	0.96	0.98	0.94	0.96	0.94	-0.78	0.7	0.96	0.97	0.96	0.93	0.98	0.97	0.94	0.88	0.58	0.92	0.96		0.95	0.94	0.97	0.8	0.89
Total Liab	0.96	0.56	0.96	0.96	0.87	0.99	0.99	-0.55	0.64	0.91	0.88	0.99	0.94	0.91	0.94	0.89	0.88	0.76	0.9	0.92	0.95		0.96	0.92	0.9	0.85
Property Plant And Equipment Gross	0.99	0.36	0.98	0.97	0.95	0.98	0.93	-0.64	0.81	0.94	0.84	0.97	0.98	0.94	0.97	0.86	0.78	0.6	0.95	0.96	0.94	0.96		0.96	0.82	0.92
Total Current Assets	0.99	0.22	0.97	0.98	0.99	0.95	0.89	-0.81	0.84	0.98	0.91	0.94	0.97	0.99	0.99	0.9	0.81	0.47	0.98	0.99	0.97	0.92	0.96		0.75	0.97
Short Term Debt	0.8	0.72	0.79	0.8	0.69	0.85	0.85	-0.32	0.44	0.72	0.75	0.85	0.77	0.75	0.8	0.76	0.78	0.8	0.72	0.73	0.8	0.9	0.82	0.75		0.65
Common Stock	0.95	0.08	0.94	0.94	0.97	0.89	0.81	-0.78	0.91	0.96	0.8	0.88	0.97	0.94	0.97	0.85	0.7	0.35	0.98	0.98	0.89	0.85	0.92	0.97	0.65

Click cells to compare fundamentals

Tesla Account Relationship Matchups

Tesla fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	34.3B	52.1B	62.1B	82.3B	106.6B	111.9B
Short Long Term Debt Total	13.4B	11.7B	8.9B	3.1B	5.2B	5.1B
Other Current Liab	3.2B	3.9B	5.7B	7.1B	9.1B	9.5B
Total Current Liabilities	10.7B	14.2B	19.7B	26.7B	28.7B	30.2B
Total Stockholder Equity	6.6B	22.2B	30.2B	44.7B	62.6B	65.8B
Property Plant And Equipment Net	20.2B	23.4B	31.2B	36.6B	45.1B	47.4B
Current Deferred Revenue	1.9B	2.2B	2.4B	2.8B	2.9B	3.0B
Net Debt	7.2B	(7.6B)	(8.7B)	(13.2B)	(11.2B)	(10.6B)
Retained Earnings	(6.1B)	(5.4B)	331M	12.9B	27.9B	29.3B
Accounts Payable	3.8B	6.1B	10.0B	15.3B	14.4B	15.2B
Cash	6.3B	19.4B	17.6B	16.3B	16.4B	17.2B
Non Current Assets Total	22.2B	25.4B	35.0B	41.4B	45.6B	47.8B
Non Currrent Assets Other	1.5B	1.5B	2.1B	4.2B	4.7B	5.0B
Cash And Short Term Investments	6.3B	19.4B	17.7B	22.2B	29.1B	30.5B
Net Receivables	1.3B	1.9B	1.9B	3.0B	3.7B	3.9B
Common Stock Shares Outstanding	2.7B	3.2B	3.1B	3.5B	3.5B	2.6B
Liabilities And Stockholders Equity	34.3B	52.1B	61.3B	82.3B	106.6B	111.9B
Non Current Liabilities Total	15.5B	14.2B	11.4B	9.7B	14.3B	7.6B
Inventory	3.6B	4.1B	5.8B	12.8B	13.6B	14.3B
Other Current Assets	959M	1.3B	1.7B	2.9B	3.2B	3.4B
Other Stockholder Equity	12.7B	27.3B	29.8B	32.2B	34.9B	36.6B
Total Liab	26.2B	28.5B	31.1B	36.4B	43.0B	45.2B
Property Plant And Equipment Gross	20.2B	23.4B	31.2B	36.6B	58.8B	61.8B
Total Current Assets	12.1B	26.7B	27.1B	40.9B	49.6B	52.1B
Accumulated Other Comprehensive Income	(36M)	363M	54M	(361M)	(143M)	(135.9M)
Short Term Debt	1.8B	2.1B	1.6B	1.5B	2.4B	2.5B
Common Stock	169K	173K	1M	3M	3.5M	3.6M
Other Liab	3.0B	4.6B	5.6B	6.0B	6.9B	7.2B
Other Assets	1.5B	12.2B	3.4B	4.2B	11.4B	12.0B
Long Term Debt	11.6B	9.6B	4.3B	1.0B	2.7B	4.1B
Property Plant Equipment	20.2B	12.7B	31.2B	36.6B	42.1B	44.2B
Intangible Assets	339M	313M	1.5B	593M	178M	316.7M
Net Tangible Assets	6.1B	22.4B	29.7B	44.3B	50.9B	53.5B
Noncontrolling Interest In Consolidated Entity	997.3M	834.4M	850M	826M	949.9M	997.4M
Good Will	198M	207M	200M	194M	253M	265.7M
Retained Earnings Total Equity	(5.0B)	(5.3B)	(5.4B)	331M	297.9M	312.8M
Long Term Debt Total	11.6B	9.6B	5.2B	1.6B	1.8B	1.7B

Currently Active Assets on Macroaxis

LTC	Litecoin
STETH	Staked Ether
LINK	Chainlink
XLM	Stellar
CRO	Cronos

When determining whether Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:

How To Invest In Tesla

Details

Is Tesla Stock a good investment?

Details

What is Tesla's Net Worth?

Details

Largest Automobile Manufacturers Companies

View

Largest Automobiles & Components Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesla Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Tesla Stock analysis

When running Tesla's price analysis, check to measure Tesla's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.

	Bonds Directory Find actively traded corporate debentures issued by US companies
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Technical Analysis Check basic technical indicators and analysis based on most latest market data

Is Tesla's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tesla. If investors know Tesla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.115

Earnings Share

4.29

Revenue Per Share

30.489

Quarterly Revenue Growth

0.035

Return On Assets

0.0588

The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tesla's market value can be influenced by many factors that don't directly affect Tesla's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Tesla Net Income vs Cost of Revenue Analysis

Net Income vs Cost Of Revenue

Net Income vs Cost of Revenue Correlation Analysis

Correlation Coefficient

Net Income

Cost Of Revenue

Tesla fundamental ratios Correlations

Tesla Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tesla fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Tesla Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.83	Net Debt
Net Debt	- 0.82	Total Stockholder Equity
Total Current Assets	- 0.81	Net Debt
Accounts Payable	- 0.81	Net Debt
Cash	- 0.8	Net Debt
Other Current Assets	- 0.79	Net Debt