Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Analyzing and Interpreting Income Disclosures Sales information for Tesla Inc. follows. Year Ended December 31 ($ thousands) Automotive sales Automotive leasing Total automotive revenues
Analyzing and Interpreting Income Disclosures Sales information for Tesla Inc. follows. Year Ended December 31 ($ thousands) Automotive sales Automotive leasing Total automotive revenues Services and other Total automotive & services and other segment revenue Energy generation and storage segment revenue Total revenues 2018 $17,631,522 2017 2016 $8,534,752 $5,589,007 883,461 1,106,548 761,759 18,514,983 9,641,300 6,350,766 1,391,041 1,001,185 467,972 19,906,024 10,642,485 6,818,738 1,555,244 1,116,266 181,394 $21,461,268 $11,758,751 $7,000,132 Automotive sales revenue includes revenues related to sale of new Model S, Model X and Model 3 vehicles, including access to our Supercharger network, internet connectivity, Autopilot, full self-driving and over-the-air software updates. Automotive leasing revenue includes the amortization of revenue for Model S and Model X vehicles under direct lease agreements as well as those sold with resale value guarantees accounted for as operating leases under lease accounting. We do not yet offer leasing for Model 3 vehicles. Services and other revenue consists of non-warranty after-sales vehicle services, sales of used vehicles, sales of electric vehicle components and systems to other manufacturers, retail merchandise, and sales by our acquired subsidiaries to third party customers. Energy generation and storage revenues consists of the sale of solar energy systems and energy storage systems to residential, small commercial, and large commercial and utility grade customers. Compute the relative size of sales revenue from the four types of revenue Tesla discloses. (Hint: Scale each type of revenue by total revenue.) Round answers to the nearest whole percentage. As % of Total Revenue 2018 2017 2016 Automotive sales 0% 0% 0% Automotive leasing 0% 0% 0% Services and other 0% 0% 0% Energy generation & storage 0% 0% 0%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started