GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (XTER:TL0) » Definitions » Interest Expense

Tesla (XTER:TL0) Interest Expense : €-324 Mil (TTM As of Dec. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tesla Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tesla's interest expense for the three months ended in Dec. 2024 was € -92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-324 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Tesla's Operating Income for the three months ended in Dec. 2024 was € 1,518 Mil. Tesla's Interest Expense for the three months ended in Dec. 2024 was € -92 Mil. Tesla's Interest Coverage for the quarter that ended in Dec. 2024 was 16.56. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tesla Interest Expense Historical Data

The historical data trend for Tesla's Interest Expense 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 Interest Expense Chart

Tesla Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -614.86 -328.34 -180.30 -143.05 -334.25

Tesla Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -55.94 -69.92 -79.89 -82.89 -91.68

Tesla Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-324 Mil.

* 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.

Tesla  (XTER:TL0) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tesla's Interest Expense for the three months ended in Dec. 2024 was €-92 Mil. Its Operating Income for the three months ended in Dec. 2024 was €1,518 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €5,498 Mil.

Tesla's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1518.45/-91.68
=16.56

* 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.

The higher the ratio, the stronger the company's financial strength is.

Tesla Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (XTER:TL0) » Definitions » Interest Expense
Comparable Companies
GM F LI XPEV RIVN NIO LCID VFS PSNY LOT TSE:7203 SZSE:002594 MIL:RACE XTER:MBG XTER:P911 XTER:BMW XTER:VOW3 NSE:MARUTI TSE:7267 MIL:STLAM
Traded in Other Exchanges
TSLA:USA TSLA:Poland TSLA:Peru TSLA:Mexico TSLA_KZ:Kazakhstan 1TSLA:Italy TL0d:UK 0R0X:UK TSLACL:Chile TSLA:Canada TSLA34:Brazil TL0:Bulgaria TSLA:Austria TSLA:Argentina
Address
1 Tesla Road, Austin, TX, USA, 78725
Website
https://www.tesla.com
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and offer a robotaxi service. Global deliveries in 2024 were a little below 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

Tesla Headlines

No Headlines