#4) 10 POINTS You are to do a Vertical Analysis (on both the Balance Sheet and Income Statement) for EACH of the years presented. You must show your results as % amounts (not regular numbers) and round your % results to exactly 2 decimal places (ex: 2.07% ~ not 2% and not 2.0689538%). you are to present the actual tables of your Vertical and Horizontal Analysis. If you only submit commentary on your results (and not the tables), you lose 20 points. The analysis tables MUST SHOW: titles, every single individual account as shown on the original financial statement, the original dollar balances alongside each of those named accounts under the respective yearly column, and the columns for your vertical/horizontal calculation results. Be sure to label all columns.

Tesla, Inc. Consolidated Statements of Operations in millions, except per share data) 2030 Searded December 31 2019 2015 5 19.9525 17.632 26,184 5 1,052 27.236 1.994 20821 1.531 2.226 24.378 18515 1.555 1.391 21.461 13.686 Revenues Automotive sales Automotive leasing Totalsutomotive revenues Energy generation and storage Services and other Total Cost of revenues Automotive sales Automotive Toning Total comotive cost of revenues Enertymention and More Services and other The cost of revenues Grow profit Operating expenses Research and development Selling, rehral and dentative Restructuring and other Total expenses Incomes from operations Interest income 19.696 563 20.259 1.976 2.671 34.000 6,630 15.99 459 16,398 1.341 2.770 20.509 2009 14,124 1.365 1.880 12419 1,401 3.145 1.343 2.646 199 2,035 115 4,410 Other expense income.net Income cus) before income taxes Pov for income Nel income (los) Neri 4,636 1,994 10 (748) (122) 1.154 292 862 (60) 44 (683) 45 (665) 110 (275) SN (1.063) Tesla, Inc. Consolidated Statements of Operations in millions, except per share data) 2030 Year Ended December 31 2019 19.9525 26,1845 1,052 27.236 1.994 2305 20,21 1.531 17.632 83 18.315 1.555 1.391 21.461 24.578 13.686 Rennes Automotive sales Automotive leasing Totalsutomotive revente Energy generation and storage Services and other Total revenues Cost of revenues Automotive sales Automotive lening Total comotive cost of revenues Egyenrution and on Services and other houl cost of revenue Grow profit Operating expenses Research and development Selling real and administrative Restructuring and other Total ting expenses Income from operations Interestin Interest expense Other expense income, net Income dow) before income taxes Pov for income Net Income clos) Net 19.690 563 20.259 1.976 2.671 34.000 15.939 159 16.398 1.141 2770 20.509 4,069 14,174 1.365 1.880 12419 1401 3.145 1.34 2616 199 413 4,636 1994 30 (748) 2,035 135 4.00 (8) 1,154 (683) 45 (605) 110 (775) SN (1.063) Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) Deceber 31 2009 December 31 5 19:14 $ CA Aasta Cash and the Autobet Imery hrpalamualatr CD Operating for whicles, et Solewy wym, Property, plaque Operating Intangible, Goodwill Other non- Total Lia Cunei Apple Accredite Deferred 4101 1.16 32 1091 5 12.747 1.35 313 207 6. 1.324 33553 959 12101 247 13 1006 1218 339 198 1 M KOSI 1 7 1222 14450 7 1.163 Current poffe CL RES HOTS 550 12 3110 1.200 10 603 51 Deferred to co Other long- Total Comme domingo (1) . Remigiuris Combo 13) quity Suitar' Preferred SODO 100 me shares and adding CDI 2.600 Oressed and December 31, 2010 December 31 2019.pety Apoldina (1) Acud other comprensieme Acum defice Taal aattalar Noing into 2720 12,7 0163 15.12 AR ste HE (1) Prior period results have been adjusted to reflect the five-for-one week split effected in the form of a mock dividend in August 2020. See Note 1. Owlw, for details The accompanying notes are an integral part of these consolidated financial statements, Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) December 31, 2020 December 31, 2019 $ 5 6. 1.324 3.552 950 CA 19.384 1.886 4,101 1.3.46 26.712 3.091 5.979 12,747 1.558 12.102 2,447 6.13 10.36 1.218 339 198 1.470 14 109 209 6 52,148 $ Assets Current asset Cash and cash equivalents Accounts receivable.net Inventory Prepaid expenses and other current sets Total current Operating lease vehicles, net Solar energy systems, net Property, plant and equipment, et Operating lease right-of-useet Intangible assets, et Goodwill Other non-current Total Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Customer deposit Current portion of debt and finance lesses Total current abilities Debt and inance, net of current portion Deferred revenue, net of current portion Other long-term lilities Total abilities Commitment and contingencies (16) Redeemable noncontrolling interest in subsidiaries Convertible senior notes Note 12) Equity Stockholders' equity Preferred stock: 0.001 par value 100 hrs authorised no shures issued dig Common stock, 50.001 per value 2,000 shares authorized and 203 stare issued and outstandings of December 31, 2020 and December 31 2019.pectively) Additional paid in capital (1) Accumulated other comprehensive income lost) Accumulated defick Total sockholdend equity Noncontrolling interest in subsidiaries Total liabilities and equity 6,051 BR55 LASH 752 2012 14244 9.356 24 10 28415 3.771 3.222 1.163 726 1785 MZ 16 1.207 FI 603 604 51 1 27.260 36 (5.1993) 12,736 (36) 608) 50 340 114 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 Tesla, Inc. Consolidated Statements of Operations in millions, except per share data) 2030 Searded December 31 2019 2015 5 19.9525 17.632 26,184 5 1,052 27.236 1.994 20821 1.531 2.226 24.378 18515 1.555 1.391 21.461 13.686 Revenues Automotive sales Automotive leasing Totalsutomotive revenues Energy generation and storage Services and other Total Cost of revenues Automotive sales Automotive Toning Total comotive cost of revenues Enertymention and More Services and other The cost of revenues Grow profit Operating expenses Research and development Selling, rehral and dentative Restructuring and other Total expenses Incomes from operations Interest income 19.696 563 20.259 1.976 2.671 34.000 6,630 15.99 459 16,398 1.341 2.770 20.509 2009 14,124 1.365 1.880 12419 1,401 3.145 1.343 2.646 199 2,035 115 4,410 Other expense income.net Income cus) before income taxes Pov for income Nel income (los) Neri 4,636 1,994 10 (748) (122) 1.154 292 862 (60) 44 (683) 45 (665) 110 (275) SN (1.063) Tesla, Inc. Consolidated Statements of Operations in millions, except per share data) 2030 Year Ended December 31 2019 19.9525 26,1845 1,052 27.236 1.994 2305 20,21 1.531 17.632 83 18.315 1.555 1.391 21.461 24.578 13.686 Rennes Automotive sales Automotive leasing Totalsutomotive revente Energy generation and storage Services and other Total revenues Cost of revenues Automotive sales Automotive lening Total comotive cost of revenues Egyenrution and on Services and other houl cost of revenue Grow profit Operating expenses Research and development Selling real and administrative Restructuring and other Total ting expenses Income from operations Interestin Interest expense Other expense income, net Income dow) before income taxes Pov for income Net Income clos) Net 19.690 563 20.259 1.976 2.671 34.000 15.939 159 16.398 1.141 2770 20.509 4,069 14,174 1.365 1.880 12419 1401 3.145 1.34 2616 199 413 4,636 1994 30 (748) 2,035 135 4.00 (8) 1,154 (683) 45 (605) 110 (775) SN (1.063) Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) Deceber 31 2009 December 31 5 19:14 $ CA Aasta Cash and the Autobet Imery hrpalamualatr CD Operating for whicles, et Solewy wym, Property, plaque Operating Intangible, Goodwill Other non- Total Lia Cunei Apple Accredite Deferred 4101 1.16 32 1091 5 12.747 1.35 313 207 6. 1.324 33553 959 12101 247 13 1006 1218 339 198 1 M KOSI 1 7 1222 14450 7 1.163 Current poffe CL RES HOTS 550 12 3110 1.200 10 603 51 Deferred to co Other long- Total Comme domingo (1) . Remigiuris Combo 13) quity Suitar' Preferred SODO 100 me shares and adding CDI 2.600 Oressed and December 31, 2010 December 31 2019.pety Apoldina (1) Acud other comprensieme Acum defice Taal aattalar Noing into 2720 12,7 0163 15.12 AR ste HE (1) Prior period results have been adjusted to reflect the five-for-one week split effected in the form of a mock dividend in August 2020. See Note 1. Owlw, for details The accompanying notes are an integral part of these consolidated financial statements, Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) December 31, 2020 December 31, 2019 $ 5 6. 1.324 3.552 950 CA 19.384 1.886 4,101 1.3.46 26.712 3.091 5.979 12,747 1.558 12.102 2,447 6.13 10.36 1.218 339 198 1.470 14 109 209 6 52,148 $ Assets Current asset Cash and cash equivalents Accounts receivable.net Inventory Prepaid expenses and other current sets Total current Operating lease vehicles, net Solar energy systems, net Property, plant and equipment, et Operating lease right-of-useet Intangible assets, et Goodwill Other non-current Total Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Customer deposit Current portion of debt and finance lesses Total current abilities Debt and inance, net of current portion Deferred revenue, net of current portion Other long-term lilities Total abilities Commitment and contingencies (16) Redeemable noncontrolling interest in subsidiaries Convertible senior notes Note 12) Equity Stockholders' equity Preferred stock: 0.001 par value 100 hrs authorised no shures issued dig Common stock, 50.001 per value 2,000 shares authorized and 203 stare issued and outstandings of December 31, 2020 and December 31 2019.pectively) Additional paid in capital (1) Accumulated other comprehensive income lost) Accumulated defick Total sockholdend equity Noncontrolling interest in subsidiaries Total liabilities and equity 6,051 BR55 LASH 752 2012 14244 9.356 24 10 28415 3.771 3.222 1.163 726 1785 MZ 16 1.207 FI 603 604 51 1 27.260 36 (5.1993) 12,736 (36) 608) 50 340 114 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