Principles of finance Code_RE002000110020193DMCC
JurakirtyimSheet: 2018 Balance Sheet
Sheet: 2018 Income Statement
Sheet: 2018 Cash Flows
Sheet: 2018 Stock Prices
Tesla, Inc.
TESLA INC
As Reported Annual Balance Sheet
Balance Sheet
Report Date
43465.0
Currency
USD
Audit Status
Not Qualified
Consolidated
Yes
Scale
Thousands
11658.0
Dec 31,
Dec 31,
Dec 31,
2018.0
2017.0
2016.0
2015.0
Assets
Current assets
Cash and cash equivalents
3685618.0
3367914.0
3393216.0
1196908.0
Restricted cash and marketable securities
192551.0
105519.0
22628.0
- current
Accounts receivable
949022.0
515381.0
499142.0
168965.0
Inventory
3113446.0
2263537.0
2067454.0
1277838.0
Prepaid expenses and other current assets
365671.0
268365.0
194465.0
115667.0
Total current assets
8306308.0
6570520.0
6259796.0
2782006.0
Operating lease vehicles, net
2089758.0
6570520.0
3134080.0
1791403.0
Solar energy systems, leased and to be leased,
6271396.0
6570520.0
5919880.0
?
net
Property, plant and equipment, net
1.1330077E7
6570520.0
5982957.0
3403334.0
Intangible assets, net
282492.0
6570520.0
376145.0
12574.0
My Power customer notes receivable, net
421548.0
6570520.0
506302.0
?
of current portion
Restricted cash, net of current portion
398219.0
6570520.0
268165.0
31522.0
Other assets
571657.0
6570520.0
216751.0
47100.0
Total assets
2.9739614E7
6570520.0
2.2664076E7
8067939.0
Liabilities and Stockholders? Equity
Current liabilities
Accounts payable
3404451.0
2390250.0
1860341.0
916148.0
Accrued and other current liabilities
2094253.0
1731366.0
1210028.0
422798.0
Deferred revenue
630292.0
1015253.0
763126.0
423961.0
Resale value guarantees
502840.0
787333.0
179504.0
136831.0
Customer deposits
792601.0
853919.0
663859.0
283370.0
Current portion of long-term debt and capital
2567699.0
796549.0
1150147.0
627927.0
leases (1)
Total current liabilities
9992136.0
7676670.0
5827005.0
2811035.0
Long-term debt and capital leases, net
5969500.0
2021093.0
of current portion (1)
9403672.0
9418319.0
Deferred revenue, net of current portion
990873.0
1177799.0
851790.0
446105.0
Resale value guarantees, net of current
328926.0
2309222.0
2210423.0
1293741.0
portion
Other long-term liabilities
2710403.0
2442970.0
1891449.0
364976.0
Total liabilities
2.342601E7
2.302298E7
1.6750167E7
6936950.0
Redeemable noncontrolling interests
555964.0
397734.0
367039.0
?
in subsidiaries
Convertible senior notes (1)(2)
8784.0
47285.0
Stockholders? equity
4752911.0
1083704.0
Noncontrolling interests in subsidiaries
834397.0
997346.0
785175.0
?
Total liabilities and equity
2.9739614E7
2.8655372E7
2.2664076E7
8067939.0
Reference
United States Securities and Exchange Commission (2019).
Form 10-k - Tesla Inc. Acccessed at:https://www.sec.gov/Archives/edgar/data/1318605/000156459018002956/tsla-10k_20171231.htm
Tesla, Inc.
Income Statement
As Reported Annual Income statement
Report Date
43465.0
Currency
USD
Audit Status
Not Qualified
Consolidated
Yes
Scale
Thousands
Dec 31,
Dec 31,
Dec 31,
2018.0
2017.0
2016.0
Revenue
Automotive
1739449.0
1917442.0
1014337.0
Automotive leasing
254674.0
231285.0
102670.0
Total automotive revenue
1994123.0
2148727.0
1117007.0
Energy generation and storage
131385.0
23334.0
11494.0
Services and other
159123.0
126375.0
85878.0
Total revenue
2.1461268E7
1.1758751E7
7000132.0
Cost of revenue
1372604.0
1355102.0
831349.0
Automotive
Automotive leasing
171818.0
161959.0
65092.0
Total automotive cost of revenue
1544422.0
1517061.0
896441.0
Energy generation and storage
127779.0
24281.0
10134.0
Services and other
177152.0
120359.0
89240.0
Total cost of revenue (1)
1.7419247E7
9536264.0
5400875.0
Gross profit
4042021.0
2222487.0
1599257.0
Operating expenses
1460370.0
1378073.0
834408.0
Research and development (1)
Selling, general and administrative (1)
2834491.0
336811.0
288654.0
Total operating expenses
4294861.0
3854573.0
2266597.0
Income (loss) from operations
-252840.0
85622.0
-260333.0
Interest income
2179.0
2858.0
750.0
Interest expense (2)(3)
-663071.0
-46713.0
-38617.0
Other income (expense), net (4)
121224.0
-11756.0
-17149.0
Income (loss) before income taxes
-1004745.0
-2209032.0
-746348.0
Provision for income taxes
11070.0
8133.0
5048.0
Net income (loss)
-219469.0
21878.0
-320397.0
Net income (loss) attributable to noncontrolling
-98132.0
$?
$?
interests and redeemable noncontrolling
interest
Net income (loss) attributable to common
-976091.0
-1961400.0
-674914.0
stockholders
Net income (loss) per common share attributable
to common stockholders:
Basic
-5.72
-11.83
-4.68
Diluted
-5.72
-11.83
-4.68
Shares used in per share calculation:
Basic
170525.0
165758.0
144212.0
Diluted
170525.0
162758.0
144212.0
Notes:
(1) Includes stock-based compensation
expense of the following for the periods
presented:
Cost of revenue
8562.0
8939.0
5995.0
Research and development
41304.0
40220.0
25452.0
Selling, general and administrative
37845.0
40384.0
24158.0
Total stock-based compensation expense
87711.0
89543.0
55605.0
(2) Interest expense includes non-cash
39915.0
33135.0
27285.0
interest expense related to convertible
notes and other borrowing for the periods
presented:
(3) Interest expense includes the following
as a result of the assumed debt from SolarCity:
Interest expense (excluding amortization
5476.0
$?
$?
of debt discount and fees)?recourse debt
Interest expense (excluding amortization
10007.0
?
?
of debt discount and fees)?non-recourse
debt
15483.0
$?
$?
(4) Includes one-time gain on acquisition
of SolarCity of $88.7 million recognized
during Q4 2018.
____________________________
Tesla Inc. (2019). Annual Reports. Retrieved from: http://www.annualreports.com/Company/tesla-motors
Tesla, Inc.
8-K
02/22/2017
A report on Annual Cash Flows
Cash Flows
Report Date
43465.0
Currency
USD
Audit Status
Not Qualified
Consolidated
Yes
Scale
Thousands
Dec 31,
Dec 31,
Dec 31,
Dec 31,
2018.0
2017.0
2016.0
2015.0
Cash flows from operating activities
Net loss
-1062582.0
-2240578.0
-773046.0
-888663.0
Adjustments to reconcile net loss to net
cash provided by (used in) operating activities:
Depreciation and amortization
1901050.0
1636003.0
947049.0
422590.0
Stock-based compensation
749024.0
466760.0
334245.0
197999.0
Gain on acquisition of SolarCity
-88727.0
?
?
?
Other
-8068.0
67481.0
106826.0
236864.0
Change in operating assets and liabilities,
net of impact of business combination
Accounts receivable
-496732.0
-24635.0
-32106.0
46267.0
Inventory and operating lease vehicles
-1023264.0
-178850.0
-482478.0
-1573860.0
Accounts payable and accrued liabilities
1722850.0
388206.0
174107.0
263345.0
Deferred revenue
406661.0
468902.0
135948.0
322203.0
Customer deposits
-96685.0
170127.0
16407.0
36721.0
Other
159966.0
81139.0
172516.0
412035.0
Cash provided by (used in) operating activities
-448209.0
423650.0
-29849.0
-524499.0
Cash flows from investing activities
Capital expenditures
-521612.0
-247611.0
-411222.0
-1634850.0
Payments for the cost of solar energy systems,
159669.0
81139.0
?
?
leased and to be leased
Cash acquired through (used in) business
213523.0
?
?
-12260.0
combination
Change in restricted cash and other
-126993.0
-20395.0
-3058.0
-26441.0
Cash used in investing activities
-594751.0
-268006.0
-414280.0
-1673551.0
Cash flows from financing activities
Proceeds (repayments) from debt activities,
-5247057.0
-3995484.0
135000.0
318972.0
net
Collateralized borrowing
-559167.0
511321.0
208793.0
568745.0
Net cash flows from noncontrolling interests
180277.0
?
?
?
Proceeds from issuance of common stock
?
?
-20000.0
730000.0
in a public offering
Other
11897.0
28499.0
-98755.0
-94194.0
Cash provided by (used in) financing activities
1372827.0
-320870.0
225038.0
1523523.0
Effect of foreign exchange rates on cash
-22700.0
3182.0
-10037.0
-34278.0
and cash equivalents
Net increase (decrease) in cash and cash
311429.0
-162044.0
-229128.0
-708805.0
equivalents
Cash at the beginning of the period
3084257.0
3246301.0
1426036.0
1905713.0
Cash at the end of the period
3393216.0
3084257.0
1196908.0
1196908.0
____________________________
United States Securities and Exchange Commission (2019).
Form 10-k - Tesla Inc. Acccessed at:https://www.sec.gov/Archives/edgar/data/1318605/000156459018002956/tsla-10k_20171231.htm
STOCK PRICES
Last seven days stock prices
DATE
CLOSE
76653.0
349.93
43780.0
345.09
43779.0
337.14
43778.0
335.54
43777.0
326.58
43411.0
317.22
43775.0
317.47
Rate of Return
9.27
"The stock had a 9.27 percent return over the period November 6th through November 12th 2019."