Tesla, Inc. Automotive sales — Total cost of revenues increased by 28.0% to $17.37B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $15.74B to $17.37B. Over 2 years (FY 2021 to FY 2024), Automotive sales — Total cost of revenues shows an upward trend with a 38.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue suggests improved manufacturing efficiency and economies of scale, whereas an increase may indicate rising commodity costs or supply chain inefficiencies.
The direct costs associated with manufacturing and delivering vehicles, including raw materials, labor, and factory over...
Equivalent to Cost of Goods Sold (COGS) for the manufacturing divisions of traditional and EV-only automakers.
tsla_segment_automotive_sales_total_cost_of_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.10B | $8.10B | $8.10B | $13.10B | $15.42B | $16.84B | $15.66B | $17.20B | $13.90B | $15.96B | $15.74B | $16.27B | $11.46B | $13.57B | $17.37B |
| QoQ Change | — | +0.0% | +0.0% | +61.6% | +17.7% | +9.2% | -7.0% | +9.9% | -19.2% | +14.9% | -1.4% | +3.3% | -29.5% | +18.4% | +28.0% |
| YoY Change | — | — | — | +61.6% | — | — | +19.5% | — | -9.9% | -5.2% | +0.6% | -5.4% | -17.5% | -15.0% | +10.3% |
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