Tesla (TSLA) Revenue — Quarter Ended Jun 30, 2023
Revenue for the reporting quarter rose compared to both the prior quarter and the same quarter last year. The gain was evident on a sequential and year-over-year basis.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the reporting quarter rose compared to both the prior quarter and the same quarter last year. The gain was evident on a sequential and year-over-year basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$24.9B
Revenue reported for this quarter.
Quarter-over-quarter
+6.8%
Change from the immediately preceding quarter.
Year-over-year
+47.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$94B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $21.5B | +55.9% |
| Dec 31, 2022 | $24.3B | +37.2% |
| Mar 31, 2023 | $23.3B | +24.4% |
| Jun 30, 2023 | $24.9B | +47.2% |
Revenue performance
The reported revenue reflects a continuation of the company's upward trend. The trailing twelve-month revenue reached a substantial level.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. Compared to the same quarter one year earlier, revenue grew significantly.
What to watch
Monitor the impact of ongoing supply chain constraints and global economic conditions on future revenue trends, as highlighted in the company's risk factors.