Tesla's 2023 Revenue Hits $96.773 Billion, Slower Growth Rate Recorded

Published: Feb 1, 2024 09:25

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In 2023, Tesla's annual revenue reached $96.773 billion, and net profit was $14.974 billion, both setting historical highs, but with a growth rate of 19%, which is significantly slower than the same period last year. In the energy storage sector, Tesla's newly installed capacity reached 14.7GWh, a year-on-year increase of 125%, doubling the figure. The gross profit of the power generation and energy storage business almost quadrupled in 2023, from $288 million in 2022 to $1.141 billion in 2023.

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