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Stocks·NASDAQ:TSLA

Tesla (TSLA)

I own it · as I said on Nov 6, 2026

OverviewFinancialsOwnersFilings
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Revenue, last 12 months$104B+8% vs. a year before
Free cash flow, last 12 months$3.30BBringing in cash
Cash and short-term investments$45.4BDebt: $7.96B
Shares outstanding, past year+18.9%4B shares now
Backlog (signed, not yet booked)$10.7BAs of Sep 30, 2026

My take

No average analyst target in this video.

What I'm watching

  • Open Is a deal announced? Bloomberg reported a push to announce by the first half of 2027. by Jun 30, 2027
  • Open If a deal is announced: the exchange ratio, what those SpaceX shares are worth, and what voting rights come with them
My bull and bear case →

Every video where I mention TSLA

Plus 2 more. Search them all.

The last 12 months

  1. Nov 6, 2026VideoMy video: Tesla Stock at $344? The SpaceX Merger Math Just Broke (TSLA)
  2. Oct 28, 2026VideoMy video: TSLA vs SPCX: Which Stock Should You Own?
  3. Oct 24, 2026VideoMy video: Tesla Stock at $480? The SpaceX Merger Math (TSLA)
  4. Oct 22, 202610-QQuarterly report
  5. Oct 21, 20268-KReleased quarterly results
  6. Oct 2, 20268-KReleased quarterly results
  7. Sep 29, 20268-KSigned a major agreement; Ended a major agreement; Took on new debt
  8. Jul 23, 202610-QQuarterly report
  9. Jul 22, 20268-KReleased quarterly results
  10. Jul 2, 20268-KReleased quarterly results
  11. Apr 30, 202610-K/AAnnual report (amended)
  12. Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
  13. Apr 27, 2026S-8Registered shares for employee stock plans
  14. Apr 23, 202610-QQuarterly report

All filings →

Revenue by year
2016: $7B20162017: $11.8B20172018: $21.5B20182019: $24.6B20192020: $31.5B20202021: $53.8B20212022: $81.5B20222023: $96.8B20232024: $97.7B20242025: $94.8B2025$94.8B
Show the numbers
Revenue by year
2016$7B
2017$11.8B
2018$21.5B
2019$24.6B
2020$31.5B
2021$53.8B
2022$81.5B
2023$96.8B
2024$97.7B
2025$94.8B
Revenue by quarter calendar quarter the period ended in
Q4 23: $25.2BQ1 24: $21.3BQ1 24Q2 24: $25.5BQ3 24: $25.2BQ3 24Q4 24: $25.7BQ1 25: $19.3BQ1 25Q2 25: $22.5BQ3 25: $28.1BQ3 25Q4 25: $24.9BQ1 26: $22.4BQ1 26Q2 26: $28.2BQ3 26: $28BQ3 26$28B
Show the numbers
Revenue by quarter
Q4 23$25.2B
Q1 24$21.3B
Q2 24$25.5B
Q3 24$25.2B
Q4 24$25.7B
Q1 25$19.3B
Q2 25$22.5B
Q3 25$28.1B
Q4 25$24.9B
Q1 26$22.4B
Q2 26$28.2B
Q3 26$28B
Operating income (loss) by year profit from the business before interest and taxes
2016: -$667M20162017: -$1.63B20172018: -$388M20182019: -$69M20192020: $1.99B20202021: $6.52B20212022: $13.7B20222023: $8.89B20232024: $7.08B20242025: $4.36B2025$4.36B
Show the numbers
Operating income (loss) by year
2016-$667M
2017-$1.63B
2018-$388M
2019-$69M
2020$1.99B
2021$6.52B
2022$13.7B
2023$8.89B
2024$7.08B
2025$4.36B
Free cash flow by year cash from operations minus spending on buildings and equipment
2016: -$1.40B20162017: -$3.48B20172018: -$3M20182019: $1.08B20192020: $2.79B20202021: $5.01B20212022: $7.57B20222023: $4.36B20232024: $3.58B20242025: $6.22B2025$6.22B
Show the numbers
Free cash flow by year
2016-$1.40B
2017-$3.48B
2018-$3M
2019$1.08B
2020$2.79B
2021$5.01B
2022$7.57B
2023$4.36B
2024$3.58B
2025$6.22B
Cash vs. debt

Cash and short-term investmentsDebt

2016 · Cash and short-term investments: $3.39B2016 · Debt: $5.89B20162017 · Cash and short-term investments: $3.37B2017 · Debt: $8.83B20172018 · Cash and short-term investments: $3.69B2018 · Debt: $8.41B20182019 · Cash and short-term investments: $6.27B2019 · Debt: $10.4B20192020 · Cash and short-term investments: $19.4B2020 · Debt: $8.46B20202021 · Cash and short-term investments: $17.7B2021 · Debt: $4.25B20212022 · Cash and short-term investments: $22.2B2022 · Debt: $1.03B20222023 · Cash and short-term investments: $29.1B2023 · Debt: $2.68B20232024 · Cash and short-term investments: $36.6B2024 · Debt: $5.54B20242025 · Cash and short-term investments: $44.1B2025 · Debt: $6.58B2025
Show the numbers
Cash and short-term investmentsDebt
2016$3.39B$5.89B
2017$3.37B$8.83B
2018$3.69B$8.41B
2019$6.27B$10.4B
2020$19.4B$8.46B
2021$17.7B$4.25B
2022$22.2B$1.03B
2023$29.1B$2.68B
2024$36.6B$5.54B
2025$44.1B$6.58B
How it makes money: Q3 2026 revenue by business segment; the thin line is a year earlier
  • Automotive$25.2B 90% +2% vs. a year ago
  • Energy generation and storage$2.88B 10% -16% vs. a year ago

From the 10-Q filed Oct 22, 2026. Source.

Stock pay vs. buybacks

Stock-based pay to employeesSpent buying back shares

2020 · Stock-based pay to employees: $1.73B2020 · Spent buying back shares: $020202021 · Stock-based pay to employees: $2.12B2021 · Spent buying back shares: $020212022 · Stock-based pay to employees: $1.56B2022 · Spent buying back shares: $020222023 · Stock-based pay to employees: $1.81B2023 · Spent buying back shares: $020232024 · Stock-based pay to employees: $2B2024 · Spent buying back shares: $020242025 · Stock-based pay to employees: $2.83B2025 · Spent buying back shares: $02025
Show the numbers
Stock-based pay to employeesSpent buying back shares
2020$1.73B$0
2021$2.12B$0
2022$1.56B$0
2023$1.81B$0
2024$2B$0
2025$2.83B$0

If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.

Backlog (remaining performance obligations) contracts signed but not yet booked as revenue
Q4 23: $3.43BQ1 24: $3.86BQ1 24Q2 24: $5.71BQ3 24: $6.61BQ3 24Q4 24: $7.18BQ1 25: $9.95BQ1 25Q2 25: $10.4BQ3 25: $9.71BQ3 25Q4 25: $10.4BQ1 26: $10.2BQ1 26Q2 26: $10.1BQ3 26: $10.7BQ3 26$10.7B
Show the numbers
Backlog (remaining performance obligations)
Q4 23$3.43B
Q1 24$3.86B
Q2 24$5.71B
Q3 24$6.61B
Q4 24$7.18B
Q1 25$9.95B
Q2 25$10.4B
Q3 25$9.71B
Q4 25$10.4B
Q1 26$10.2B
Q2 26$10.1B
Q3 26$10.7B

Compare TSLA with other stocks →

From the company's own SEC filings via SEC EDGAR, latest period ended Sep 30, 2026. Numbers can be restated later. Not investment advice.

Dilution

Shares outstanding adjusted for the 3-for-1 split
Jan 2023: 3.2BApr 2023: 3.2BApr 2023Jul 2023: 3.2BOct 2023: 3.2BOct 2023Jan 2024: 3.2BApr 2024: 3.2BApr 2024Jul 2024: 3.2BOct 2024: 3.2BOct 2024Jan 2025: 3.2BApr 2025: 3.2BApr 2025Jul 2025: 3.2BOct 2025: 3.3BOct 2025Jan 2026: 3.8BApr 2026: 3.8BApr 2026Jul 2026: 3.9BOct 2026: 4BOct 20264B
Show the numbers
Shares outstanding
Jan 20233.2B
Apr 20233.2B
Jul 20233.2B
Oct 20233.2B
Jan 20243.2B
Apr 20243.2B
Jul 20243.2B
Oct 20243.2B
Jan 20253.2B
Apr 20253.2B
Jul 20253.2B
Oct 20253.3B
Jan 20263.8B
Apr 20263.8B
Jul 20263.9B
Oct 20264B

The share count is up +18.9% in a year, so each share is a slightly smaller slice of the company. What dilution means.

Insider trades

Insider buys, 12 months0none
Insider sales, 12 months66$87.7M, 61 planned in advance

Bought or sold on the open market

DateWhoWhatSharesValueFiling
Sep 8, 2026Vaibhav Taneja
Chief Financial Officer		Sold on the market2.6K$938KForm 4
Jun 8, 2026Vaibhav Taneja
Chief Financial Officer		Sold on the market2.6K$1.05MForm 4
May 13, 2026Vaibhav Taneja
Chief Financial Officer		Sold on the market (planned)3K$1.35MForm 4
Apr 30, 2026Kathleen Wilson-Thompson
Director		Sold on the market (planned)
16 trades that day		26.4K$9.99MForm 4
Mar 30, 2026Kathleen Wilson-Thompson
Director		Sold on the market (planned)
15 trades that day		25.8K$9.27MForm 4
Mar 6, 2026Vaibhav Taneja
Chief Financial Officer		Sold on the market2.3K$899KForm 4
Feb 25, 2026Kathleen Wilson-Thompson
Director		Sold on the market (planned)
7 trades that day		25.7K$10.7MForm 4
Jan 2, 2026James R Murdoch
Director		Sold on the market (planned)
22 trades that day		60K$26.7MForm 4
Dec 9, 2025Kimbal Musk
Director		Sold on the market56.8K$25.6MForm 4
Dec 8, 2025Vaibhav Taneja
Chief Financial Officer		Sold on the market2.6K$1.17MForm 4
Everything else: grants, option exercises, tax withholding (16)
DateWhoWhatSharesValueFiling
Sep 5, 2026Vaibhav Taneja
Chief Financial Officer		Exercised options6.5Kn/aForm 4
Jun 16, 2026Elon Musk
CEO, Director, 10% owner		Exercised options304M$7.09BForm 4
Jun 16, 2026Elon Musk
CEO, Director, 10% owner		Shares withheld for taxes17.5M$7.09BForm 4
Jun 5, 2026Vaibhav Taneja
Chief Financial Officer		Exercised options6.5Kn/aForm 4
May 13, 2026Vaibhav Taneja
Chief Financial Officer		Exercised options (planned)
2 trades that day		3K$54.9KForm 4
Apr 30, 2026Kathleen Wilson-Thompson
Director		Exercised options (planned)40.9K$614KForm 4
Apr 21, 2026Elon Musk
CEO, Director, 10% owner		Returned to the company96Mn/aForm 4
Mar 31, 2026Xiaotong Zhu
SVP		Exercised options20K$411KForm 4
Mar 30, 2026Kathleen Wilson-Thompson
Director		Exercised options (planned)40K$600KForm 4
Mar 5, 2026Vaibhav Taneja
Chief Financial Officer		Exercised options6.5Kn/aForm 4
Feb 25, 2026Kathleen Wilson-Thompson
Director		Exercised options (planned)40K$600KForm 4
Dec 30, 2025Elon Musk
CEO, Director, 10% owner		Gift211Kn/aForm 4
Dec 9, 2025Kimbal Musk
Director		Gift15.2Kn/aForm 4
Dec 5, 2025Vaibhav Taneja
Chief Financial Officer		Exercised options6.5Kn/aForm 4
Nov 10, 2025Kimbal Musk
Director		Gift14.8Kn/aForm 4
Nov 6, 2025Elon Musk
CEO, Director, 10% owner		Grant or award424M$142BForm 4

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

InvestorQuarterSharesValueShare of fundChange
Cathie Wood (ARK Investment Management)Q2 262.8M$1.16B7.5%Trimmed (-2%)
George Soros (Soros Fund Management)Q2 2686.8K$36.5M0.5%Added (+64%)
Philippe Laffont (Coatue Management)Q2 2660K$25.2M<0.1%Added (+2%)

From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.

Failed trades

Failed trades (fails to deliver) shares that weren't delivered on time when a trade settled
Jul 16: 49.2KJul 17: 4.4KJul 20: 170KJul 27: 73Jul 27Jul 30: 640KJul 31: 87.6KAug 3: 5.9KAug 4: 21.8KAug 4Aug 6: 277Aug 7: 2Aug 10: 90Aug 11: 2.3KAug 11Aug 14: 30Aug 17: 1.4KAug 18: 135Aug 19: 100Aug 19Aug 20: 5.2KAug 21: 995Aug 24: 219KAug 25: 20Aug 25Aug 26: 20Sep 1: 5.2KSep 3: 1Sep 8: 390Sep 8Sep 10: 3Sep 16: 1.1KSep 17: 190Sep 21: 49.7KSep 21Sep 22: 8.9KSep 24: 3.3KSep 28: 25KSep 29: 17Sep 29Oct 1: 25Oct 5: 220KOct 6: 2.8KOct 7: 1.9KOct 7Oct 8: 371Oct 9: 24.2KOct 13: 3.1KOct 14: 338Oct 14338
Show the numbers
Failed trades (fails to deliver)
Jul 1649.2K
Jul 174.4K
Jul 20170K
Jul 2773
Jul 30640K
Jul 3187.6K
Aug 35.9K
Aug 421.8K
Aug 6277
Aug 72
Aug 1090
Aug 112.3K
Aug 1430
Aug 171.4K
Aug 18135
Aug 19100
Aug 205.2K
Aug 21995
Aug 24219K
Aug 2520
Aug 2620
Sep 15.2K
Sep 31
Sep 8390
Sep 103
Sep 161.1K
Sep 17190
Sep 2149.7K
Sep 228.9K
Sep 243.3K
Sep 2825K
Sep 2917
Oct 125
Oct 5220K
Oct 62.8K
Oct 71.9K
Oct 8371
Oct 924.2K
Oct 133.1K
Oct 14338

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

What changed in the latest annual report

Comparing the risk factors in the 10-K filed Jan 29, 2026 with the one filed Jan 30, 2025: 2 new and 2 removed, out of 40.

New this year

  • Growth of our business is also dependent upon our ability to develop and commercialize Bots, including Optimus, which is in a nascent industry that has yet to develop commercially.
  • There is a risk that the technologies and initiatives associated with the 2025 CEO Performance Award, including the product goals, are misaligned with current or future consumer demand, resulting in our failure to invest in or pursue another opportunity that generates significant financial returns…
Dropped from last year (2)
  • We must manage ongoing obligations under our agreement with the Research Foundation for the State University of New York relating to our Gigafactory New York.
  • Increased scrutiny and changing expectations from stakeholders with respect to the Company's ESG practices may result in additional costs or risks.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Search inside Tesla's filings

Opens the SEC's own full-text search in a new tab, limited to TSLA. Every TSLA filing on EDGAR.