What is the total of Tesla’s restricted cash and why does Tesla report restricted cash? [You will need to read Tesla’s relevant financial statement footnote, Note 2 – Summary of Significant Accounting Policies.]

Restricted Cash We maintain certain cash balances restricted as to withdrawal or use. Our restricted cash is comprised primarily of cash as collateral for our sales to lease partners with a resale value guarantee, letters of credit, real estate leases, insurance policies, credit card borrowing facilities and certain operating leases. In addition, restricted cash includes cash received from certain fund investors that have not been released for use by us and cash held to service certain payments under various secured debt facilities. The following table totals cash and cash equivalents and restricted cash as reported on the consolidated balance sheets; the sums are presented in the consolidated statements of cash flows (in millions): December 31, 2019 December 31, December 31, December 31, 2018 2017 2016 Cash and cash equivalents Restricted cash, current portion Restricted cash, net of current portion Total as presented in the consolidated statements of cash flows 6,268 3,686 3,368 3,393 246 193 155 106 269 398 442 268 2$ 6,783 $ 4,277 3,965 3,767