If Robots Do All the Work, Who Gets Paid?
If machines do the work, who gets paid? Every economy has been built on whatever made wealth at the time. The record on jobs and pay, the arguments on both sides, and four answers to who owns the machines.
TeslaTSLA
Makes electric cars, batteries for homes and power grids, and solar products, and is developing self-driving software and humanoid robots.
Share price
Key figures, last 12 months
- Market cap
- $1.42tn at 358.21, 6 November 2026
- Revenue growth
- +8.3% on $103.6bn of revenue
- Operating margin
- 3.3% −1.4 pts on a year earlier
- Free cash flow margin
- 3.2% −4.0 pts on a year earlier
- ROIC
- 3.0%
Financial metrics
- Revenue
- $103.6bn +8.3% on a year earlier
- Net income
- $3.2bn −36.7% on a year earlier
- Earnings per share
- $0.91
- Price to earnings
- 394.2×
- Free cash flow
- $3.3bn −51.7% on a year earlier
- Profit turned into cash
- 102.6%
- Spending on build-out
- 14.9% +5.6 pts on a year earlier
- Cash and investments
- $45.4bn
- Total debt
- $8.0bn
- Net cash
- $37.5bn
- Debt to equity
- 0.09×
- Shares (diluted)
- 3.54bn +0.4% on a year earlier
Revenue by financial year
Latest filings
- Quarterly report to 30 September 202622 October 2026
- Quarterly report to 30 June 202623 July 2026
- Annual report to 31 December 202530 April 2026
Coming soon
Hindsight Analysis
A closer look at Tesla’s finances: what the figures reveal, the risks they show, and how the company’s promises compare with its results.
Hindsight coverage
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