Tesla (TSLA) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter rose compared to the prior quarter. It also increased versus the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter rose compared to the prior quarter. It also increased versus the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$25.2B
Revenue reported for this quarter.
Quarter-over-quarter
+7.8%
Change from the immediately preceding quarter.
Year-over-year
+3.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$96.8B
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 |
|---|---|---|
| Mar 31, 2023 | $23.3B | +24.4% |
| Jun 30, 2023 | $24.9B | +47.2% |
| Sep 30, 2023 | $23.4B | +8.8% |
| Dec 31, 2023 | $25.2B | +3.5% |
Revenue performance
Revenue increased relative to both the preceding quarter and the same period in the prior year.
Quarterly comparison
Sequentially, revenue rose from the immediately prior quarter. Year over year, revenue was higher than the same quarter a year ago.
What to watch
The filing states that if near-term manufacturing operations decrease in scale or ramp more slowly than expected, the pace of capital expenditures may be slowed.