What was Tesla's total revenue in fiscal year 2023 in billions of dollars?

Tesla’s total revenue in fiscal year 2023 was approximately $96.8 billion. Tesla’s reported figure was $96.773 billion, which rounds to $96.8 billion when expressed to one decimal place.

The result represented a substantial increase from 2022, when Tesla reported revenue of about $81.462 billion. Automotive sales remained the company’s dominant business, but Tesla also reported revenue from energy generation and storage, services, and other activities. Vehicle deliveries and production growth were central to the increase.

Tesla’s 2023 revenue should not be confused with its net income, which was much smaller. The company reported about $15.0 billion in net income for the same year. Revenue measures money brought in before expenses, while net income reflects what remained after costs, taxes, and other items.

Another frequent mix-up is treating “fiscal year 2023” as a quarterly figure. The $96.8 billion answer covers the full year ending December 31, 2023, not just Tesla’s fourth quarter.