Analysis of Geographic Areas
Tesla Inc. operates in 2 regions: United States and Other International.
Area Asset Turnover
Tesla Inc., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 1.47 | 1.70 | 1.87 | 1.26 | 0.95 |
| Other International | 6.02 | 6.19 | 5.55 | 5.31 | 5.97 |
Based on: 10-K (reporting date: 2024-12-31), 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Other International | Other International area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: United States
Tesla Inc.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 47,725) | 45,235) | 40,553) | 23,973) | 15,207) |
| Long-lived assets | 32,461) | 26,629) | 21,667) | 19,026) | 15,989) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.47 | 1.70 | 1.87 | 1.26 | 0.95 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 47,725 ÷ 32,461 = 1.47
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other International
Tesla Inc.; Other International; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 49,965) | 51,538) | 40,909) | 29,850) | 16,329) |
| Long-lived assets | 8,299) | 8,325) | 7,370) | 5,623) | 2,737) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 6.02 | 6.19 | 5.55 | 5.31 | 5.97 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 49,965 ÷ 8,299 = 6.02
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other International | Other International area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Revenues
Tesla Inc., revenues by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 47,725) | 45,235) | 40,553) | 23,973) | 15,207) |
| Other International | 49,965) | 51,538) | 40,909) | 29,850) | 16,329) |
| Total | 97,690) | 96,773) | 81,462) | 53,823) | 31,536) |
Based on: 10-K (reporting date: 2024-12-31), 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).
Long-lived assets
Tesla Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 32,461) | 26,629) | 21,667) | 19,026) | 15,989) |
| Other International | 8,299) | 8,325) | 7,370) | 5,623) | 2,737) |
| Total | 40,760) | 34,954) | 29,037) | 24,649) | 18,726) |
Based on: 10-K (reporting date: 2024-12-31), 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).