How much did Tesla's capex change year over year?

-24.8% from fiscal 2024 to fiscal 2025 ($11.34B → $8.53B).

What is the most Tesla has spent on capex in a single reported period?

$2.77B, in the period ending 2024-03-31.

← Capex Tracker

Tesla TSLA

66 reported periods · 2009–2026 · sourced from SEC XBRL filings

Latest FY capex

$8.53B

Revenue FY

$94.83B

Capex / Revenue

Highest period

$2.77B

2024-03-31

Key facts

Tesla reported capital expenditure of $8.53B for fiscal 2025, -24.8% versus $11.34B in fiscal 2024.

Capex equals 9% of fiscal-year revenue ($94.83B).

The highest single reported period was $2.77B (period ending 2024-03-31).

The latest reported period, 6 months to 2026-06-30, shows $8.28B; the dataset covers 66 reported periods (2009–2026), all from SEC XBRL filings.

Every capital-expenditure figure Tesla has reported to the SEC, unedited. Capex is the XBRL concept PaymentsToAcquirePropertyPlantAndEquipment; a capex/revenue ratio above 100% means the company is investing more than it earns to secure capacity. Each row links to the filing it came from.

Download this company's CSV ↓SEC filings ↗Tesla news & filings →

BY FISCAL YEAR

Fiscal year	Capex	YoY	Period end
FY2025	$8.53B	-25%	2025-12-31
FY2024	$11.34B	+27%	2024-12-31
FY2023	$8.90B	+24%	2023-12-31
FY2022	$7.16B	+10%	2022-12-31
FY2021	$6.48B	+105%	2021-12-31
FY2020	$3.16B	+138%	2020-12-31
FY2019	$1.33B	-37%	2019-12-31
FY2018	$2.10B	-38%	2018-12-31
FY2017	$3.41B	+167%	2017-12-31
FY2016	$1.28B	-22%	2016-12-31
FY2015	$1.63B	+69%	2015-12-31
FY2014	$970M	+267%	2014-12-31
FY2013	$264M	+10%	2013-12-31
FY2012	$239M	+21%	2012-12-31
FY2011	$198M	+392%	2011-12-31
FY2010	$40M	+238%	2010-12-31
FY2009	$12M	—	2009-12-31

ALL REPORTED PERIODS (66)

Period end	Period	Capex	Form
2026-06-30	FY2026 6 mo. cumulative	$8.28B	10-Q
2026-03-31	FY2026 Q1	$2.49B	10-Q
2025-12-31	FY2025 FY	$8.53B	10-K
2025-09-30	FY2025 9 mo. cumulative	$6.13B	10-Q
2025-06-30	FY2025 6 mo. cumulative	$3.89B	10-Q
2025-03-31	FY2025 Q1	$1.49B	10-Q
2024-12-31	FY2024 FY	$11.34B	10-K
2024-09-30	FY2024 9 mo. cumulative	$8.56B	10-Q
2024-06-30	FY2024 6 mo. cumulative	$5.04B	10-Q
2024-03-31	FY2024 Q1	$2.77B	10-Q
2023-12-31	FY2023 FY	$8.90B	10-K
2023-09-30	FY2023 9 mo. cumulative	$6.59B	10-Q
2023-06-30	FY2023 6 mo. cumulative	$4.13B	10-Q
2023-03-31	FY2023 Q1	$2.07B	10-Q
2022-12-31	FY2022 FY	$7.16B	10-K
2022-09-30	FY2022 9 mo. cumulative	$5.30B	10-Q
2022-06-30	FY2022 6 mo. cumulative	$3.50B	10-Q
2022-03-31	FY2022 Q1	$1.77B	10-Q
2021-12-31	FY2021 FY	$6.48B	10-K
2021-09-30	FY2021 9 mo. cumulative	$4.67B	10-Q
2021-06-30	FY2021 6 mo. cumulative	$2.85B	10-Q
2021-03-31	FY2021 Q1	$1.35B	10-Q
2020-12-31	FY2020 FY	$3.16B	10-K
2020-09-30	FY2020 9 mo. cumulative	$2.01B	10-Q
2020-06-30	FY2020 6 mo. cumulative	$1.00B	10-Q
2020-03-31	FY2020 Q1	$455M	10-Q
2019-12-31	FY2019 FY	$1.33B	10-K
2019-09-30	FY2019 9 mo. cumulative	$915M	10-Q
2019-06-30	FY2019 6 mo. cumulative	$530M	10-Q
2019-03-31	FY2019 Q1	$280M	10-Q
2018-12-31	FY2018 FY	$2.10B	10-K
2018-09-30	FY2018 9 mo. cumulative	$1.78B	10-Q
2018-06-30	FY2018 6 mo. cumulative	$1.27B	10-Q
2018-03-31	FY2018 Q1	$656M	10-Q
2017-12-31	FY2017 FY	$3.41B	10-K
2017-09-30	FY2017 9 mo. cumulative	$2.63B	10-Q
2017-06-30	FY2017 6 mo. cumulative	$1.51B	10-Q
2017-03-31	FY2017 Q1	$553M	10-Q
2016-12-31	FY2016 FY	$1.28B	10-K
2016-09-30	FY2016 9 mo. cumulative	$759M	10-Q
2016-06-30	FY2016 6 mo. cumulative	$512M	10-Q
2016-03-31	FY2016 Q1	$217M	10-Q
2015-12-31	FY2015 FY	$1.63B	10-K
2015-09-30	FY2015 9 mo. cumulative	$1.22B	10-Q
2015-06-30	FY2015 6 mo. cumulative	$831M	10-Q
2015-03-31	FY2015 Q1	$426M	10-Q
2014-12-31	FY2014 FY	$970M	10-K
2014-09-30	FY2014 9 mo. cumulative	$601M	10-Q
2014-06-30	FY2014 6 mo. cumulative	$317M	10-Q
2014-03-31	FY2014 Q1	$141M	10-Q
2013-12-31	FY2013 FY	$264M	10-K
2013-09-30	FY2013 9 mo. cumulative	$175M	10-Q
2013-06-30	FY2013 6 mo. cumulative	$98M	10-Q
2013-03-31	FY2013 Q1	$58M	10-Q
2012-12-31	FY2012 FY	$239M	10-K
2012-09-30	FY2012 9 mo. cumulative	$198M	10-Q
2012-06-30	FY2012 6 mo. cumulative	$129M	10-Q
2012-03-31	FY2012 Q1	$68M	10-Q
2011-12-31	FY2011 FY	$198M	10-K
2011-09-30	FY2011 9 mo. cumulative	$144M	10-Q
2011-06-30	FY2011 6 mo. cumulative	$75M	10-Q
2011-03-31	FY2011 Q1	$20M	10-Q
2010-12-31	FY2010 FY	$40M	10-K
2010-09-30	FY2010 9 mo. cumulative	$23M	10-Q
2010-06-30	FY2010 6 mo. cumulative	$15M	10-Q
2009-12-31	FY2009 FY	$12M	10-K

Source: SEC XBRL company-concept API, concept PaymentsToAcquirePropertyPlantAndEquipment, CIK 1318605. See Methodology.