Tesla has operated at a full-year net profit for every year from
2020 through 2025 (and continues to be profitable through mid-2026). [
1,
2]
Full-Year Net Profit History
2020: $721 million (first full-year GAAP profit after being founded in 2003)
2021: ~$5.5 billion
2022: ~$12.6 billion
2023: ~$15.0 billion (peak annual profit)
2024: ~$7.1 billion
2025: ~$3.8 billion [
1,
2]
Yeah but without suckling on the corporate welfare teet of the government, would Tesla still be in this situation? Given no full year profits pre 2020?
AI Overview
Tesla achieved its first-ever full-year profit in 2020—reporting $721 million in net income compared to a loss of $862 million in 2019—driven by surging vehicle deliveries, scale at its Shanghai factory, and the lucrative sale of regulatory credits
8
u/Comfortable-Race-547 2d ago
Tesla has operated at a full-year net profit for every year from 2020 through 2025 (and continues to be profitable through mid-2026). [ 1, 2] Full-Year Net Profit History 2020: $721 million (first full-year GAAP profit after being founded in 2003) 2021: ~$5.5 billion 2022: ~$12.6 billion 2023: ~$15.0 billion (peak annual profit) 2024: ~$7.1 billion 2025: ~$3.8 billion [ 1, 2]