• Tesla average return on equity for 2023 was 25.64, a 14.56% decline from 2022.
• Tesla average return on equity for 2022 was 30.01, a 141.24% decline from 2021.
• Tesla average return on equity for 2021 was 12.44, a 321.69% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.