GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (LIM:TSLA) » Definitions » Retained Earnings

Tesla (LIM:TSLA) Retained Earnings : $29,011 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Tesla Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tesla's retained earnings for the quarter that ended in Mar. 2024 was $29,011 Mil.

Tesla's quarterly retained earnings increased from Sep. 2023 ($19,954 Mil) to Dec. 2023 ($27,882 Mil) and increased from Dec. 2023 ($27,882 Mil) to Mar. 2024 ($29,011 Mil).

Tesla's annual retained earnings increased from Dec. 2021 ($329 Mil) to Dec. 2022 ($12,885 Mil) and increased from Dec. 2022 ($12,885 Mil) to Dec. 2023 ($27,882 Mil).


Tesla Retained Earnings Historical Data

The historical data trend for Tesla's Retained Earnings 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 Retained Earnings Chart

Tesla Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,083.00 -5,399.00 329.00 12,885.00 27,882.00

Tesla Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 15,398.00 18,101.00 19,954.00 27,882.00 29,011.00

Tesla Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Tesla  (LIM:TSLA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Tesla (LIM:TSLA) Business Description

Address
1 Tesla Road, Austin, TX, USA, 78725
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.

Tesla (LIM:TSLA) Headlines

From GuruFocus

Q2 2022 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2022 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Investor Day Transcript

By GuruFocus Research 01-23-2024

Q2 2019 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024