Tesla Inc.

Revenue grew +18.8% YoY to $96.77B. 5-year revenue CAGR +31.5%; 10y CAGR +46.1%. Net margin at 15.50% (expanding ▲).

• Revenue grew +18.8% YoY to $96.77B.
• 5-year revenue CAGR +31.5%; 10y CAGR +46.1%.
• Net margin at 15.50% (expanding ▲).
• Return on equity 20.57%, ROA 12.29%, ROIC 11.33%.
• Gross margin 18.25%, operating margin 9.19%.
• Free cash flow margin 4.50% ($4.36B).
• Net income up ▲ +19.4% YoY.
• Debt/equity 0.09, current ratio 2.04, net debt -$8.96B.
• Asset turnover 0.67 — capital efficiency.

Latest annual report (10-K) filed Jan 29, 2026. Latest quarterly report (10-Q) filed Apr 23, 2026. 12 recent 8-K material-event filings in the index.

• Latest annual report (10-K) filed Jan 29, 2026.
• Latest quarterly report (10-Q) filed Apr 23, 2026.
• 12 recent 8-K material-event filings in the index.
• Recent insider Form 4s: 0 buy vs 0 sell transactions.
• ~10,000+ recent 13F-HR filings reference Tesla Inc.; broad institutional reporting.
• Recent filers include Aspiring Ventures, LLC, Aspiring Ventures, LLC, Aspiring Ventures, LLC.
• 20 recent 13G passive institutional ownership notices.

7 risk signal(s), 1 positive signal(s), 2 watch item(s) detected from XBRL filing diff analysis. Free cash flow declined despite stable or rising capex, indicating the cash burn is operational rather than investment-driven. This is a structural concern — cost reduction or asset sales may be needed to restore FCF.

• Earnings-cash flow divergence: Net income grew +19.4% while operating cash flow declined -10.0%. This divergence may indicate accrual-based earnings inflation — non-cash gains, aggressive revenue recognition, or working capital absorption. The accrual ratio (NI − OCF) is deteriorating.
• Gross margin compression: Gross margin contracted +7.3%pp (from 25.6% to 18.2%). This may reflect input cost inflation, pricing pressure, or product mix shift toward lower-margin segments.
• Free cash flow deteriorating: FCF declined +42.4% YoY (from $7.57B to $4.36B). With OCF at $13.26B and capex at $8.90B, cash generation capacity is weakening — monitor for dividend/buyback sustainability.
• Going concern doubt: The term "going concern" appears in 8 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
• Material weakness in internal controls: The term "material weakness" appears in 22 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
• NEW: Substantial doubt about ability to continue in latest filing: The term "substantial doubt" "ability to continue" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 3 filing(s).
• Endogenous analysis: Free cash flow declined despite stable or rising capex, indicating the cash burn is operational rather than investment-driven. This is a structural concern — cost reduction or asset sales may be needed to restore FCF.
• Endogenous analysis: The combination of explicit "going concern" language in the filing with deteriorating cash flow or rising leverage is a severe warning signal — the company's own auditors have flagged doubt about the ability to continue as a going concern.
• Endogenous analysis: "Material weakness in internal controls" combined with earnings-cash flow divergence is especially concerning — it suggests the reported earnings may not be reliable due to control deficiencies, and the cash flow shortfall may be masking underlying issues.
• 4 new XBRL disclosure(s) in latest filing — expanding reporting scope.
• 20 disclosure(s) dropped from prior year — reduced reporting granularity.
• 4 new risk-language term(s) detected in filing text: Substantial doubt about ability to continue, Restatement of financial statements, Impairment charge, Off-balance sheet arrangements.
• Ongoing high-severity risk language: Going concern doubt, Material weakness in internal controls.