Tesla (TSLA) Debt-to-Equity (2024)

What is Tesla Debt-to-Equity?

Tesla's for the quarter that ended in Mar. 2024 was $3,165 Mil. Tesla's for the quarter that ended in Mar. 2024 was $6,746 Mil. Tesla's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $64,378 Mil. Tesla's debt to equity for the quarter that ended in Mar. 2024 was 0.15.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tesla's Debt-to-Equity or its related term are showing as below:

TSLA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 1.84 Max: 3.75
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Tesla was 3.75. The lowest was 0.11. And the median was 1.84.

TSLA's Debt-to-Equity is ranked better than
77.66% of 1173 companies
in the industry
Industry Median: 0.47 vs TSLA: 0.15

Tesla Debt-to-Equity Historical Data

The historical data trend for Tesla's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tesla Debt-to-Equity Chart

Tesla Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity											Get a 7-Day Free Trial	2.21	0.60	0.29	0.13	0.15

Tesla Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.11	0.15	0.15	0.15

Competitive Comparison of Tesla's Debt-to-Equity

For the Auto Manufacturers subindustry, Tesla's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tesla's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tesla's Debt-to-Equity falls into.

Tesla Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tesla's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(	+	)	/	Total Stockholders Equity
	=	(3045	+	6528)	/	62634
	=	0.15

Tesla's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(	+	)	/	Total Stockholders Equity
	=	(3165	+	6746)	/	64378
	=	0.15

Tesla(NAS:TSLA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of and divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Tesla Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tesla's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Tesla (TSLA) Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Consumer Cyclical » » Tesla Inc (NAS:TSLA) » Definitions » Debt-to-Equity

Comparable Companies

STLA F GM LI RIVN NIO XPEV VFS LCID PSNY TSE:7203 SZSE:002594 XTER:MBG XTER:BMW XTER:VOW3 MIL:RACE TSE:7267 NSE:MARUTI XKRX:005380 HKSE:02333

Traded in Other Exchanges

TSLA:Poland TSLA:Peru TSLA:Mexico TSLA_KZ:Kazakhstan TSLA:Italy TL0d:UK 0R0X:UK TL01:Germany TL0:Germany TL0:Germany TL0:Germany TL0:Germany TSLA:Canada TSLA34:Brazil TSLA:Austria TSLA:Argentina

Address

1 Tesla Road, Austin, TX, USA, 78725

Website

https://www.tesla.com

Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.

Executives

Vaibhav Taneja	officer: Chief Accounting Officer	3500 DEER CREEK ROAD, PALO ALTO CA 94304
Xiaotong Zhu	officer: SVP, Automotive	1 TESLA ROAD, AUSTIN TX 78725
Andrew D Baglino	officer: SVP Powertrain and Energy Eng.	3500 DEER CREEK ROAD, FREMONT CA 94538
Zachary Kirkhorn	officer: Chief Financial Officer	3500 DEER CREEK ROAD, PALO ALTO CA 94304
Kimbal Musk	director	C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Elon Musk	director, 10 percent owner, officer: CEO	C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Joseph Gebbia	director	C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Kathleen Wilson-thompson	director	PO BOX 3599, BATTLE CREEK MI 49016-3599
Robyn M Denholm	director	4150 NETWORK CIRCLE, SANTA CLARA CA 95054
Ira Matthew Ehrenpreis	director	100 SHORELINE HWY, SUITE 282, BLDG. B, MILL VALLEY CA 94941
Jerome M Guillen	officer: VP Service and Sales Ops	3500 DEER CREEK RD., PALO ALTO CA 94304
Antonio J. Gracias	director	C/O VALOR EQUITY PARTNERS, 200 SOUTH MICHIGAN AVENUE, SUITE 1020, CHICAGO IL 60604
Hiromichi Mizuno	director	1-2-33-A504, KOMAZAWA, SETAGAYA, TOKYO M0 154-0012
Lawrence Joseph Ellison	director	C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Stephen T Jurvetson	director	2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025