Tesla
TSLAQ1 2024(TSLA Q4 FY2023)Estimated0.7% AI
AI Revenue %
0.7%
AI Fair Value
$4.1B
AI Revenue (Q)
$163.4M
Total Revenue (Q)
$23.4B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
For FY2023 annual (10-K), total annual revenue was $96,773M, implying Q4 revenue of ~$25,167M ($96,773M - $71,606M 9-month). Total deferred revenue grew to $6,115M ($2,864M current + $3,251M non-current) by Dec 31, 2023. The FSD-specific deferred balance was later disclosed as $3.54B as of Dec 31, 2023 (in Q1 2024 10-Q). The $281M recognized from this balance in Q1 2024 implies accelerating FSD revenue recognition. For Q4 2023, estimating ~$180M FSD recognized revenue. $180M / $25,167M = 0.72%, rounded to 0.7%.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $96,773M for year ended December 31, 2023
10-K Segment Note
Deferred revenue current $2,864M + non-current $3,251M = $6,115M as of December 31, 2023
10-K Consolidated Balance Sheet
Deferred revenue current $2,864M + non-current $3,251M = $6,115M as of December 31, 2023
10-K Consolidated Balance Sheet
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)Cybercab/Robotaxi (pre-revenue)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix