Want to see TSLA full AI Analyst Report?
Operating Expense Breakdown
Detailed split of operating costs such as R&D, sales, and admin, revealing where Tesla is investing, whether spending is scaling efficiently, and potential pressure points for margins.Tesla’s cost base is shifting from steady run-rate SG&A to an aggressive investment profile: R&D is accelerating and SG&A is rising as the company scales deliveries, service and new product programs, while “other” costs remain lumpy from warranty, tariff and one‑off items. Management’s guidance confirms this is intentional—heavy multi‑year investment in AI, chips, battery/refinery fabs and preproduction ramps—so expect near‑term margin and free‑cash‑flow pressure from higher operating spend and episodic true‑ups, with long‑term upside hinging on FSD/robotaxi and energy scale monetization.
Date | Research and Development | Selling, General, and Administrative | Other Operating Expenses |
|---|---|---|---|
Jun 30, 2026 | $2.37B | $1.98B | $0.00 |
Mar 31, 2026 | $1.95B | $1.83B | $0.00 |
Dec 31, 2025 | $1.78B | $1.66B | $162.00M |
Sep 30, 2025 | $1.63B | $1.56B | $238.00M |
Jun 30, 2025 | $1.59B | $1.37B | $0.00 |
Mar 31, 2025 | $1.41B | $1.25B | $94.00M |
Dec 31, 2024 | $1.28B | $1.31B | $7.00M |
Sep 30, 2024 | $1.04B | $1.19B | $55.00M |
Jun 30, 2024 | $1.07B | $1.28B | $622.00M |
Mar 31, 2024 | $1.15B | $1.37B | $0.00 |