Tesla
TSLAQ2 2023(TSLA Q1 FY2023)Estimated0.6% AI
AI Revenue %
0.6%
AI Fair Value
$3.4B
AI Revenue (Q)
$140.0M
Total Revenue (Q)
$23.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
For Q1 FY2023 (3 months ended Mar 31, 2023), total revenue was $23,329M. Total deferred revenue was $4,661M ($1,750M current + $2,911M non-current). Tesla later disclosed revenue recognized from Dec 2022 deferred balance was $134M in Q1 2023 — this is the FSD + connectivity + OTA component recognized from the prior-year balance. Adding new FSD sales recognized in the period, total FSD revenue was likely ~$140-150M. Conservatively using $140M. $140M / $23,329M = 0.60%.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $23,329M for three months ended March 31, 2023
10-Q Consolidated Statements of Operations
Deferred revenue current $1,750M + non-current $2,911M = $4,661M as of March 31, 2023
10-Q Consolidated Balance Sheet
Revenue recognized from the deferred revenue balances as of December 31, 2022 was $134 million
10-Q 2024 Note 1 Revenue Recognition (comparing Q1 2023 vs Q1 2024)
AI Products Identified (Ring 1)
Full Self-Driving (FSD) CapabilityAutopilot
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Dojo AI training compute (internal)Optimus robot (pre-revenue)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix