Total Asset Turnover
since 2010
Calculation
Tesla Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.91 | = | 96,773) | ÷ | 106,618) |
| Dec 31, 2022 | 0.99 | = | 81,462) | ÷ | 82,338) |
| Dec 31, 2021 | 0.87 | = | 53,823) | ÷ | 62,131) |
| Dec 31, 2020 | 0.60 | = | 31,536) | ÷ | 52,148) |
| Dec 31, 2019 | 0.72 | = | 24,578) | ÷ | 34,309) |
| Dec 31, 2018 | 0.72 | = | 21,461) | ÷ | 29,740) |
| Dec 31, 2017 | 0.41 | = | 11,759) | ÷ | 28,655) |
| Dec 31, 2016 | 0.31 | = | 7,000) | ÷ | 22,664) |
| Dec 31, 2015 | 0.50 | = | 4,046) | ÷ | 8,092) |
| Dec 31, 2014 | 0.55 | = | 3,198) | ÷ | 5,849) |
| Dec 31, 2013 | 0.83 | = | 2,013) | ÷ | 2,417) |
| Dec 31, 2012 | 0.37 | = | 413) | ÷ | 1,114) |
| Dec 31, 2011 | 0.29 | = | 204) | ÷ | 713) |
| Dec 31, 2010 | 0.30 | = | 117) | ÷ | 386) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
1 US$ in millions
Comparison to Competitors
Tesla Inc., total asset turnover, long-term trends, comparison to competitors
| Tesla Inc. | Ford Motor Co. | General Motors Co. | |
|---|---|---|---|
| Dec 31, 2023 | 0.91 | 0.61 | 0.58 |
| Dec 31, 2022 | 0.99 | 0.58 | 0.55 |
| Dec 31, 2021 | 0.87 | 0.49 | 0.46 |
| Dec 31, 2020 | 0.60 | 0.43 | 0.46 |
| Dec 31, 2019 | 0.72 | 0.56 | 0.54 |
| Dec 31, 2018 | 0.72 | 0.58 | 0.59 |
| Dec 31, 2017 | 0.41 | 0.56 | 0.63 |
| Dec 31, 2016 | 0.31 | 0.59 | 0.71 |
| Dec 31, 2015 | 0.50 | 0.62 | 0.75 |
| Dec 31, 2014 | 0.55 | 0.65 | 0.85 |
| Dec 31, 2013 | 0.83 | 0.69 | 0.91 |
| Dec 31, 2012 | 0.37 | 0.66 | 1.01 |
| Dec 31, 2011 | 0.29 | 0.72 | 1.03 |
| Dec 31, 2010 | 0.30 | 0.72 | 0.97 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Sector (Automobiles & Components)
Tesla Inc., total asset turnover, long-term trends, comparison to sector (automobiles & components)
| Tesla Inc. | Automobiles & Components | |
|---|---|---|
| Dec 31, 2023 | 0.91 | 0.64 |
| Dec 31, 2022 | 0.99 | 0.62 |
| Dec 31, 2021 | 0.87 | 0.52 |
| Dec 31, 2020 | 0.60 | 0.46 |
| Dec 31, 2019 | 0.72 | 0.56 |
| Dec 31, 2018 | 0.72 | 0.59 |
| Dec 31, 2017 | 0.41 | 0.58 |
| Dec 31, 2016 | 0.31 | 0.63 |
| Dec 31, 2015 | 0.50 | 0.68 |
| Dec 31, 2014 | 0.55 | 0.74 |
| Dec 31, 2013 | 0.83 | 0.79 |
| Dec 31, 2012 | 0.37 | 0.81 |
| Dec 31, 2011 | 0.29 | 0.85 |
| Dec 31, 2010 | 0.30 | 0.83 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Industry (Consumer Discretionary)
Tesla Inc., total asset turnover, long-term trends, comparison to industry (consumer discretionary)
| Tesla Inc. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2023 | 0.91 | 0.97 |
| Dec 31, 2022 | 0.99 | 0.96 |
| Dec 31, 2021 | 0.87 | 0.88 |
| Dec 31, 2020 | 0.60 | 0.84 |
| Dec 31, 2019 | 0.72 | 0.94 |
| Dec 31, 2018 | 0.72 | 0.96 |
| Dec 31, 2017 | 0.41 | 0.93 |
| Dec 31, 2016 | 0.31 | 0.96 |
| Dec 31, 2015 | 0.50 | 0.98 |
| Dec 31, 2014 | 0.55 | 1.02 |
| Dec 31, 2013 | 0.83 | 1.04 |
| Dec 31, 2012 | 0.37 | 1.06 |
| Dec 31, 2011 | 0.29 | 1.08 |
| Dec 31, 2010 | 0.30 | 1.04 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).