Tesla Inc (TSLA)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	7,091,000	14,997,000	12,556,000	5,519,000	721,000
Revenue	US$ in thousands	97,690,000	96,773,000	81,462,000	53,823,000	31,536,000
Net profit margin		7.26%	15.50%	15.41%	10.25%	2.29%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $7,091,000K ÷ $97,690,000K
= 7.26%

Based on the provided data, Tesla Inc's net profit margin has shown significant fluctuations over the years. In December 31, 2020, the net profit margin was 2.29%, indicating that the company was generating 2.29 cents of profit for every dollar of revenue.

By December 31, 2021, the net profit margin had increased to 10.25%, showcasing an improvement in the company's profitability. This suggests that Tesla was able to better control costs or increase revenues to generate higher profits relative to its total revenue.

In December 31, 2022, the net profit margin continued to rise to 15.41%, reaching its peak in that period. This could indicate strong operational efficiency, effective cost management, or increased revenues.

However, in December 31, 2023, there was only a slight increase in the net profit margin to 15.50%, indicating a relatively stable profitability level compared to the previous year.

Finally, by December 31, 2024, there was a notable decrease in the net profit margin to 7.26%. This decline may raise concerns about Tesla's ability to maintain its profitability levels due to factors such as increased costs, declining sales, or other operational challenges.

Overall, Tesla Inc's net profit margin has experienced fluctuations, with periods of significant improvement followed by some decline. It is essential for investors and stakeholders to monitor these trends closely to assess the company's financial health and performance over time.