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How Tesla, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$94.8B · 100%Cost of revenue$77.7B · 82%Gross profit$17.1B · 18%Operating income$4.4B · 5%Income before tax$5.3B · 6%Income tax$1.4B · 2%Net income$3.8B · 4%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$94.8B100%
Cost of revenue$77.7B82%
$17.1B18%
$4.4B5%
Income before tax$5.3B6%
Income tax$1.4B2%
$3.8B4%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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