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TESLA 2020 RESULTS
Here are some of the key slides from our standard reference deck showing Tesla’s 2020 relative to other automakers
As the first report that we have for 2020, Tesla is the only automaker with 2020 numbers in here
- all of the others are for 2019
Here are some of the key slides from our standard reference deck showing Tesla’s 2020 relative to other automakers
As the first report that we have for 2020, Tesla is the only automaker with 2020 numbers in here
- all of the others are for 2019
AUTOMOTIVE REVENUES
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2
REVENUE PER VEHICLE
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3
AUTOMOTIVE GROSS PROFIT
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4
AUTOMOTIVE GROSS PROFIT PER VEHICLE EXCLUDING R&D COSTS
- some automakers include R&D in their vehicle costs, so we have backed this out for comparability
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- some automakers include R&D in their vehicle costs, so we have backed this out for comparability
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AUTOMOTIVE GROSS MARGIN EXCLUDING R&D COSTS
- Tesla’s Automotive Gross Margin in 2020 is now higher than TWELVE of these fourteen other automakers in 2019
- and it is closing in on Suzuki’s industry-leading gross margin
- VW’s number is enhanced by off-statement adjustments
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- Tesla’s Automotive Gross Margin in 2020 is now higher than TWELVE of these fourteen other automakers in 2019
- and it is closing in on Suzuki’s industry-leading gross margin
- VW’s number is enhanced by off-statement adjustments
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AUTOMOTIVE OPERATING PROFIT
- Tesla’s Automotive Operating Profit in 2020 is now higher than FIVE of these fourteen other automakers in 2019
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- Tesla’s Automotive Operating Profit in 2020 is now higher than FIVE of these fourteen other automakers in 2019
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AUTOMOTIVE OPERATING PROFIT PER VEHICLE
- Tesla’s Automotive Operating Profit per Vehicle in 2020 is now THE HIGHEST IN THE INDUSTRY compared to these fourteen other automakers in 2019
- and nobody else comes close
- Tesla is more than 2x PSA as the nearest comparison
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- Tesla’s Automotive Operating Profit per Vehicle in 2020 is now THE HIGHEST IN THE INDUSTRY compared to these fourteen other automakers in 2019
- and nobody else comes close
- Tesla is more than 2x PSA as the nearest comparison
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AUTOMOTIVE OPERATING MARGIN
- Tesla’s Automotive Operating Margin in 2020 is now THE HIGHEST IN THE INDUSTRY compared to these fourteen other automakers in 2019
- only PSA comes close
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- Tesla’s Automotive Operating Margin in 2020 is now THE HIGHEST IN THE INDUSTRY compared to these fourteen other automakers in 2019
- only PSA comes close
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TOTAL REVENUES
- stepping back to see the entire corporate picture
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- stepping back to see the entire corporate picture
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TOTAL OPERATING PROFIT
- Tesla’s Total Operating Profit in 2020 is now higher than THREE of these fourteen other automakers in 2019
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- Tesla’s Total Operating Profit in 2020 is now higher than THREE of these fourteen other automakers in 2019
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TOTAL OPERATING PROFIT MARGIN
- Tesla’s Operating Profit Margin in 2020 is now higher than TEN of these fourteen other automakers in 2019
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- Tesla’s Operating Profit Margin in 2020 is now higher than TEN of these fourteen other automakers in 2019
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REPORTED NET INCOME
- Tesla’s Reported Net Income in 2020 is now higher than THREE of these fourteen other automakers in 2019
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- Tesla’s Reported Net Income in 2020 is now higher than THREE of these fourteen other automakers in 2019
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REPORTED NET INCOME MARGIN
- Tesla’s Net Income Margin in 2020 is now higher than FOUR of these fourteen other automakers in 2019
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- Tesla’s Net Income Margin in 2020 is now higher than FOUR of these fourteen other automakers in 2019
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CHANGES IN SHAREHOLDERS EQUITY
- the Tesla number is for 2020 and the other automakers numbers are for 2019
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- the Tesla number is for 2020 and the other automakers numbers are for 2019
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CASH FLOW FROM OPERATIONS
- Tesla’s Cash Flow From Operations is now higher than FOUR of these fourteen other automakers
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- Tesla’s Cash Flow From Operations is now higher than FOUR of these fourteen other automakers
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CASH
- Tesla’s Cash balance is now higher than SEVEN of these other fourteen automakers
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- Tesla’s Cash balance is now higher than SEVEN of these other fourteen automakers
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NET CASH
- Tesla’s Net Cash balance is now the highest of all these fifteen automakers
- alongside PSA
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- Tesla’s Net Cash balance is now the highest of all these fifteen automakers
- alongside PSA
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SHAREHOLDERS BOOK EQUITY
- Tesla is now ahead of Suzuki
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- Tesla is now ahead of Suzuki
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FULL ENTERPRISE VALUE
Market Value + Debt + Unfunded Pension Liabilities + All Other Liabilities
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Market Value + Debt + Unfunded Pension Liabilities + All Other Liabilities
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JUST THE FACTS
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