Analyzing and Interpreting Income Disclosures

Sales information for Tesla Inc. follows.

Year Ended December 31 ($ thousands)	2018	2017	2016
Automotive sales	$17,631,522	$8,534,752	$5,589,007
Automotive leasing	883,461	1,106,548	761,759
Total automotive revenues	18,514,983	9,641,300	6,350,766
Services and other	1,391,041	1,001,185	467,972
Total automotive & services and other segment revenue	19,906,024	10,642,485	6,818,738
Energy generation and storage segment revenue	1,555,244	1,116,266	181,394
Total revenues	$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.

Compute the growth in sales revenue for both years from each of the four types of revenue.

• Round answers to the nearest whole percentage.
• Use a negative sign with answers, when appropriate.

% Growth	2018	2017
Automotive Sales	Answer %	Answer %
Automotive Leasing	Answer %	Answer %
Services and Other	Answer %	Answer %
Energy Generation & storage	Answer %	Answer %

2018 2017 2016 80 96 82 96 7396 As % of Total Revenue Automotive sales Automotive leasing Services and other Energy generation & storage 496 996 11 96 696 996 796 396 796 996 2018 2017 2016 80 96 82 96 7396 As % of Total Revenue Automotive sales Automotive leasing Services and other Energy generation & storage 496 996 11 96 696 996 796 396 796 996