Tesla Inc. (NASDAQ:TSLA)

Name: Tesla Inc. (NASDAQ:TSLA) | Analysis of Inventory
Creator: Stock Analysis on Net

Analysis of Inventory

Tesla Inc., balance sheet: inventory

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Raw materials	—)	6,137)	2,816)	1,508)	1,428)
Work in process	—)	2,385)	1,089)	493)	362)
Finished goods	—)	3,475)	1,277)	1,666)	1,356)
Service parts	—)	842)	575)	434)	406)
Inventory	—)	12,839)	5,757)	4,101)	3,552)

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Item	Description	The company
Inventory	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Tesla Inc. inventory increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.