Tesla, Inc. Automotive sales — Total cost of revenues decreased by 9.1% to $12.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $11.46B to $12.62B. Over 3 years (FY 2021 to FY 2025), Automotive sales — Total cost of revenues shows an upward trend with a 20.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
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 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.10B | $8.10B | $8.10B | $13.10B | $15.43B | $15.42B | $16.84B | $15.66B | $17.20B | $13.90B | $15.96B | $15.74B | $16.27B | $11.46B | $13.57B | $17.37B | $13.87B | $12.62B |
| QoQ Change | — | +0.0% | +0.0% | +61.6% | +17.8% | -0.1% | +9.2% | -7.0% | +9.9% | -19.2% | +14.9% | -1.4% | +3.3% | -29.5% | +18.4% | +28.0% | -20.1% | -9.1% |
| YoY Change | — | — | — | +61.6% | +90.4% | — | — | +19.5% | +11.5% | -9.9% | -5.2% | +0.6% | -5.4% | -17.5% | -15.0% | +10.3% | -14.7% | +10.1% |