Automotive leasing — Total cost of revenues
Products & Services · Total cost of revenuesTesla, Inc. Automotive leasing — Total cost of revenues decreased by 1.3% to $225.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $247.00M to $225.00M. Over 2 years (FY 2021 to FY 2024), Automotive leasing — Total cost of revenues shows relatively stable performance with a 1.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests accelerating vehicle depreciation or higher maintenance costs, whereas a decrease suggests better residual value retention or lower operational overhead.
Detailed definition
This represents the direct costs associated with generating leasing revenue, primarily consisting of the depreciation of...
Peer comparison
Comparable to the cost of lease sales or depreciation on operating leases found in the financial services segments of traditional automakers.
tsla_segment_automotive_leasing_total_cost_of_revenuesHistorical Data
| 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 | $244.50M | $244.50M | $244.50M | $381.00M | $333.00M | $338.00M | $301.00M | $296.00M | $269.00M | $245.00M | $247.00M | $242.00M | $239.00M | $228.00M | $225.00M |
| QoQ Change | — | +0.0% | +0.0% | +55.8% | -12.6% | +1.5% | -10.9% | -1.7% | -9.1% | -8.9% | +0.8% | -2.0% | -1.2% | -4.6% | -1.3% |
| YoY Change | — | — | — | +55.8% | — | — | -21.0% | — | -19.2% | -27.5% | -17.9% | -18.2% | -11.2% | -6.9% | -8.9% |
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Frequently Asked Questions
- What is Tesla, Inc.'s automotive leasing — total cost of revenues?
- Tesla, Inc. (TSLA) reported automotive leasing — total cost of revenues of $225.00M in Q3 2025.
- How has Tesla, Inc.'s automotive leasing — total cost of revenues changed year-over-year?
- Tesla, Inc.'s automotive leasing — total cost of revenues decreased by 8.9% year-over-year, from $247.00M to $225.00M.
- What is the long-term trend for Tesla, Inc.'s automotive leasing — total cost of revenues?
- Over 2 years (2021 to 2024), Tesla, Inc.'s automotive leasing — total cost of revenues has grown at a 1.3% compound annual growth rate (CAGR), from $978.00M to $1.00B.
- What does automotive leasing — total cost of revenues mean?
- The total expenses incurred to maintain and account for the value loss of vehicles currently out on lease.