EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). All publicly traded domestic companies use EDGAR to make the majority of their filings. (Some foreign companies file voluntarily.) Form 10-K, which includes the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet. Access the SEC/ EDGAR site. The web address is SEC.gov

Search for TESLA, Inc. by putting "Tesla" in the company name search box at the top of the upper right of the SEC home page. You will be taken to a list of Tesla filings. Search for the 10-K filing for the most recent fiscal year. Look for the BLUE "Interactive Data" oval in the third column, second page. (Be sure to use the 10-K (yearly) form (about 1/2 way down the page and not the 10K/A (amended) or the 10-Q (quarterly) form.)

Click on the "Interactive Data" oval; you will be taken to the Financial Statement information. Then on the left-hand side, click on "Notes to the Financial Statements" to answer the following questions:

1. In the Overview section, When and where was Tesla incorporated? What are Tesla's major manufacturing segments? What is the role of the CFO?
2. In the Inventory section: What are the four main types of inventory? What is the total value of inventory? When does Tesla decide to write-down inventory? What was the value of the inventory write-down for 2019?
3. In the Customer Deposits section: Explain (in your own words ) what a "customer deposit" is. Are customer deposits refundable? To what point?

• As always, your explanations should be in complete sentences.