Automotive Leasing, Direct Vehicle Operating — Lease income
Products & Services · Lease incomeTesla, Inc. Automotive Leasing, Direct Vehicle Operating — Lease income remained flat by 0.0% to $445.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $465.00M to $445.00M. Over 3 years (FY 2021 to FY 2024), Automotive Leasing, Direct Vehicle Operating — Lease income shows an upward trend with a 12.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests a growing fleet of leased vehicles or higher monthly lease rates, while a decrease may indicate a shift toward direct sales or a shrinking lease portfolio.
Detailed definition
This metric represents the periodic revenue recognized from customers who lease vehicles directly from the company's fle...
Peer comparison
Similar to lease revenue reported by other captive finance arms of major automakers like Ford Credit or GM Financial.
tsla_segment_automotive_leasing_direct_vehicle_operating_lease_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $1.25B | $1.75B | $1.86B | $1.78B |
| YoY Change | — | +40.0% | +6.3% | -4.3% |
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Frequently Asked Questions
- What is Tesla, Inc.'s automotive leasing, direct vehicle operating — lease income?
- Tesla, Inc. (TSLA) reported automotive leasing, direct vehicle operating — lease income of $445.00M in Q4 2024.
- How has Tesla, Inc.'s automotive leasing, direct vehicle operating — lease income changed year-over-year?
- Tesla, Inc.'s automotive leasing, direct vehicle operating — lease income decreased by 4.3% year-over-year, from $465.00M to $445.00M.
- What is the long-term trend for Tesla, Inc.'s automotive leasing, direct vehicle operating — lease income?
- Over 3 years (2021 to 2024), Tesla, Inc.'s automotive leasing, direct vehicle operating — lease income has grown at a 12.5% compound annual growth rate (CAGR), from $1.25B to $1.78B.
- What does automotive leasing, direct vehicle operating — lease income mean?
- The total money earned from customers paying to lease cars directly from the company.