Tesla, Inc. (TSLA) Tax Rate: 26.96%
Is Tesla, Inc.’s tax rate high or low?
Tesla, Inc.'s tax rate of 26.96% is 287% above its 5-year average of 6.97%, near the high end of its 5-year range (-50.15%–26.96%).
The tax rate for Tesla, Inc. (TSLA) is 26.96%. It is above its 12-month average by 13.78% (23.70%).
TSLA Tax Rate Chart
TSLA Average Tax Rate Chart
TSLA Current vs Average Tax Rate Chart
TSLA Tax Rate Metrics
TAX RATE
26.96%
TAX RATE AVG TTM
23.70%
TAX RATE AVG 3Y
1.37%
TAX RATE AVG 5Y
6.97%
TAX RATE AVG 10Y
1.18%
TAX RATE AVG 15Y
0.36%
TAX RATE AVG 20Y
0.25%
CURRENT VS TTM AVG
+13.78%
CURRENT VS 3Y AVG
+1864.30%
CURRENT VS 5Y AVG
+286.89%
CURRENT VS 10Y AVG
+2184.75%
CURRENT VS 15Y AVG
+7428.10%
CURRENT VS 20Y AVG
+10493.32%
Tesla, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tesla, Inc. Tax Rate FAQ
- What is the tax rate for Tesla, Inc. (TSLA)?
- The tax rate for TSLA stock is 26.96%.
- Is Tesla, Inc.'s tax rate high or low?
- Tesla, Inc.'s tax rate of 26.96% is 287% above its 5-year average of 6.97%, near the high end of its 5-year range (-50.15%–26.96%).
- What is the TTM average tax rate for Tesla, Inc. (TSLA)?
- The TTM average tax rate for TSLA stock is 23.70%.
- What is the 3Y average tax rate for Tesla, Inc. (TSLA)?
- The 3Y average tax rate for TSLA stock is 1.37%.
- What is the 5Y average tax rate for Tesla, Inc. (TSLA)?
- The 5Y average tax rate for TSLA stock is 6.97%.
- What is the 10Y average tax rate for Tesla, Inc. (TSLA)?
- The 10Y average tax rate for TSLA stock is 1.18%.
- What is the 15Y average tax rate for Tesla, Inc. (TSLA)?
- The 15Y average tax rate for TSLA stock is 0.36%.
- What is the 20Y average tax rate for Tesla, Inc. (TSLA)?
- The 20Y average tax rate for TSLA stock is 0.25%.
Tesla, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 26.96% |
| 2024-12-31 | 20.43% |
| 2023-12-31 | -50.15% |
| 2022-12-31 | 8.25% |
| 2021-12-31 | 11.02% |
| 2020-12-31 | 25.30% |
| 2019-12-31 | -16.54% |
| 2018-12-31 | -5.77% |
| 2017-12-31 | -1.45% |
| 2016-12-31 | -3.58% |
| 2015-12-31 | -1.49% |
| 2014-12-31 | -3.30% |
| 2013-12-31 | -3.62% |
| 2012-12-31 | -0.03% |
| 2011-12-31 | -0.19% |
| 2010-12-31 | -0.11% |
| 2009-12-31 | -0.05% |
| 2008-12-31 | -0.12% |
| 2007-12-31 | -0.14% |
| 2006-12-31 | -0.33% |
Related Metrics
About Tesla, Inc.
Tesla, Inc. operates globally, specializing in the creation, production, and distribution of electric vehicles, alongside comprehensive energy generation and storage solutions. Its market reach extends across the United States, China, and various other international regions. The company's operations are primarily divided into two main segments: its Automotive business and its Energy Generation and Storage division. Within its Automotive division, Tesla not only provides a range of electric cars but also generates revenue from selling automotive regulatory credits. This segment further encompasses a variety of post-sale services, including non-warranty vehicle support, sales of pre-owned vehicles, various retail products, and car insurance offerings. Customers can acquire Tesla's sedans and sport utility vehicles through direct sales, purchases of used vehicles, or via in-app upgrades often facilitated by the extensive Tesla Supercharger network. The company supports these acquisitions with financing and leasing options. Furthermore, it ensures vehicle upkeep through its proprietary service centers and a fleet of mobile technicians, complemented by both standard and extended vehicle warranty programs. The Energy Generation and Storage segment focuses on the development, manufacturing, setup, sale, and rental of solar power systems and energy storage products, along with associated services. This caters to a diverse clientele, spanning residential users, commercial enterprises, industrial entities, and public utilities. Distribution channels include Tesla's online platform, physical stores, galleries, and a network of collaborative partners. The company also offers servicing and repairs for its energy products, including warranty support, and provides multiple financing avenues for those investing in its solar solutions. Founded in 2003, the corporation was initially named Tesla Motors, Inc., before officially rebranding to Tesla, Inc. in February 2017. Its corporate headquarters are situated in Austin, Texas.
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- CEO
- Elon R. Musk