Who Audits Tesla?

Which accounting firm audits Tesla.

Tesla is one of the largest companies in the world.

They have a market cap of over $1 trillion which is an insane number. They must pay a ton in audit fees right? Well keep reading to find out.

They are a public company listed on the NASDAQ, therefore; they have to use a big 4 accounting firm.

As of the 2021 proxy statement, Tesla uses PwC as their audit firm.

How much did PwC earn from Tesla.

Per the proxy statement, PwC earned $12.9 million in 2020 and $12.527 million in 2019. Despite Tesla’s size, the difficulty of their accounting isn’t difficult enough to be one of the largest audits in the world. Many people think large clients equals large audit fees. This is not true for most audits like Tesla. They also don’t have as many filings as financial service companies.

PwC also earned $1.456 million in tax fees from Tesla.