1. 1 Prepare a horizontal analysis of the balance sheet and income statement.
2. 2 Prepare a vertical analysis of the balance sheet and the income statement.

tesla-1.pdf Assets Current assets Cash and cash equivalents Accounts receivable, nel Inventory Prepaid expenses and other current assets Total current assets. Operating lease vehicles, net Solar energy systems, nel Property, plant and equipment, not Operating lease right-of-use assets Intangible assets, net Goodwill Other non-curreal assets Total assets Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Customer deposits Current portion of debt and finance leases Total current liabilities Debt and finance leases, net of current portion Deferred revenue, net of current portion Other long term liabilities Total liabilities Commitments and contingencies (Note 16) Redeemable noncontrolling interests in subsidiaries Convertible senior notes (Note 12) Equity Stockholders' equity Preferred stock; s0.001 par valur, 100 shares authorized; no shares issued and outstanding Common stock; $0.001 par valun, 2,000 shares authorized; 960 and 905 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively (1) Additional paid-in capital (1) Accumulated other comprehensive income (lass) Accumulated deficit Total stockholders' equity Nuncontrolling interests in subsidiaries Total liabilities and equity Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) (1) $ December 31, 2020 19,384 1,886 4,101 1,346 26,717 3,091 5,979 12,747 1,558 313 207 1,536 52,148 The accompanying notes are an integral part of these consolidated financial statements. 54 6,051 3,855 1,458 752 2,132 14,248 9,556 1,281 3,330 28,418 604 51 - 1 27,260 363 (5,399) 22.225 850 52,148 $ $ December 31, 2019 Prior period results have been adjusted to reflect the five-for-one stock split effected in the form of a stock dividend in August 2020. See Note 1, Overview, for details. 6,268 1,324 3,552 959 12,103 2,447 6,138 10,396 1,218 339 198 1,470 34,309 3,771 3,222 1,163 726 1,785 10,667 11,634 1,207 2,691 26,199 643 1 12,736 (36) (6.083) 6,618 849 34,309