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Based on financial reports from 2018/2019. Conduct an in-depth financial analysis with regards to profitability, liquidity, and growth, and then provide an assessment of the
Based on financial reports from 2018/2019.
Conduct an in-depth financial analysis with regards to profitability, liquidity, and growth, and then provide an assessment of the overall health of the firms finances.
EXHIBIT 2 Selected Financial Data for Tesla, Inc., 2013-2017 (in millions, except share and per share data) Years Ended December 31 2017 2016 2013 Income Statement Data: $ $ $ 1.921.9 8,534.8 1,106.5 9,641.3 1,116.3 1.001.2 11.758.8 $5.589.0 761.8 6.350.8 181.4 468.0 7,000.1 $ 3.431.6 309.4 3.741.0 14.5 $ 2,874.4 132.6 3.741.0 4.2 191.3 290.6 91.6 4,046.0 3.198.4 2013.5 2,058.3 1.483.3 87.4 6.724.5 708.2 7,432.7 874.5 1,229.0 9,536.3 2,222.5 4,268.1 482.0 4,750.1 178.3 472.5 5.400.9 1,599.3 2,639.9 183.4 2,823.3 12.3 286.9 3.122.5 923.5 2.145.7 4.0 166.9 2.316.7 881.7 73.9 1,5572 456.3 Revenues: Automotive sales Automotive leasing Total automotive revenues Energy generation and storage Services and other Total revenues Cost of revenues: Automotive sales Automotive leasing Total automotive cost of revenues Energy generation and storage Services and other Total cost of revenues Gross profit (loss) Operating expenses: Research and development Selling, general and administrative Total operating expenses Loss from operations Interest income Interest expense Other income (expense), net Loss before income taxes Provision for income taxes Net loss Net loss attributable to noncontrolling interests and subsidiaries Net loss attributable to common shareholders Net loss per share of common stock. basic and diluted Weighted average shares used in computing net loss per share of common stock, basic and diluted 1,378.1 2,476.5 3.854.6 (1,632.1) 19.7 (471.3) (125.4) (2.209.0) 31.5 (2.240.6) (279.1) 834.4 1,432.2 2,266.6 (667.3) 8.5 (198.8) 111.3 (875,624) 13.039 (773.0) (98.1) 717.9 922.2 1.640.1 (716.6) 1.5 (118.9) (41.7) (875.6) 13.3 (888.7) - 464.7 603.7 1,068.4 (186.7) 1.126 (100.9 1.8 (284.6) 9.4 $ (294.0) 232.0 285.6 517.5 (61.3) 189 (32.9 22.6 (71.4) 26 $ $ $ $ (74.0) $ (1,961.4) (674.9) (4.68) $ (888.7) $ (6.93) $ (294.0) $ (2.36) $ $ (74.0) (0.62) $ (11.83) $ 165.8 144.2 128.2 124.5 119.4 Balance Sheet Data: $ $ Cash and cash equivalents Inventory Total current assets 3,367.9 2,263.5 6.570.5 $ 1,196,908 2,067.5 6.259.8 $ 1,196.9 1,277.8 2,791.4 $ 1,905.7 953.7 3.198.7 845.9 340.4 1.265.9 CASE 18 Tesla Motors in 2018: Will the New Model 3 Save the Company? C-197 Property, plant, and equipment, net Total assets Total current liabilities Long-term debt and capital leases, net of current portion Total stockholders' equity 10,027.5 28,655.4 7,674.7 9,415.7 5,983.0 22,644.1 5,827.0 5,860.0 3,403.3 8,092.5 2,816.3 2,040.4 1.829.3 5,849.3 2,107.2 1,818.8 738.5 2,416.9 675.2 599.0 4,237.2 4.752.9 1,088.9 911.7 667.1 Cash Flow Data: $ $ (57.3) $ $ (2.240.6) 400.2 (773.0) 1,701. 7 $ (888.7) 730.0 263.8 360.0 Cash flows from operating activities Proceeds from issuance of common stock in public offerings Purchases of property and equipment excluding capital leases Net cash used in investing activities Net cash provided by financing activities (3.414.8) (1.280.8) (1.634.9 1970.0) (264.2) (4.419.0) 4,414.9 (1.416.4) 3,744.0 (1.673.6) 1,523.5 (990.4 2,143.1 (249.4) 635.4 Sources: Company 10-K reports for 2014, 2015, and 2017
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