Evaluate the financial performance of for Tesla based on metrics such as APT, ROA, C2C, ART, INVT, and PPET forSix Months EndedJune 30, 2019 and June 30 2018.

Tesla, Inc. Tesla, Inc. Condensed Consolidated Statement of Cash Flows Reconciliation of GAAP to Non-GAAP Financial Information (Unaudited (Unaudited) (In thousands) (In thousands, except per share data) Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, March 31. June 30. June 30, June 30 June 30. March 31. June 30, June 10... June 30 2019 2019 2018 2019 2018 2019 2019 2018 2019 2018 Cash Flows from Operating Activities Net loss (389.262) $ (667.645) $ (742,706) $ (1,056,907) $ (1.527.333) Net loss attributable to common stockholders - GAAP $. (408,334) $. (702,135) $.(717,539) $ (1,110,469) $ (1,427,090) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Stock-based compensation expense 209,863 208.378 197,344 418.241 338,983 Depreciation, amortization and impairment 578.572 467.577 485,255 1,046,149 901.488 Net loss attributable to common stockholders - non-GAAP Stock-based compensation 209.863 208,378 197.344 418,241 338,983 5.(198,471) $.(493,757) 5._(520,195) $.(692 228) $ (1,088,107) Operating cash flow related to repayment of discounted convertible notes (188,107) (188,107) Net loss per share attributable to Other 177.285 216,292 97.432 393.577 251.237 common stockholders, basic - GAAP (2.31) $ (4.10) (4.22) Changes in operating assets and liabilities, Stock-based compensation expense 1.19 1.20 1.16 net of effect of business combinations 287.148 (676.101) (166.989) (388,953) (492.415) Net loss per share attributable to Net cash provided by (used in) common stockholders, basic - non-GAAP (1.12) (2.90) (3.06) operating activities 863.606 (639.606) (129.664) 224,000 (528.040) Shares unad in nar shara calculation Cash Flows from Investing Activities basic - GAAP and non-GAAP 176.654 172.989 169.997 Capital expenditures (249.677) (279,932) (609,813) (529,609) (1.265.475) Payments for the cost of solar energy systems, Net loss per share attributable to net (18,197) (25.261) (67,400) (43,458) (140,375) common stockholders, diluted - GAAP (2.31) (4.10) (4.22) Purchase of intangible assets (5.333 (5,333) Stock-based compensation expense 1.19 1.20 1.16 Business combinations, net of cash acquired 31.662 (650) (5.604) 31.012 (5.604) Net loss per share attributable to Net cash used in investing activities (241,545) (305,843) (682,817) (547,388) (1,411,454) common stockholders, diluted - non-GAAP (1.12) (2.90) (3.06) Cash Flows from Financing Activities Shares used in per share calculation, Net cash flows from debt activities 1,349,258 (518,112) 244.196 831,146 417.061 176,654 172,989 169,997 Collateralized lease repayments (85,432) (133,891) (113,426) (219,323) (200,518) Net borrowings (repayments) under Warehouse Agreements and automotive asset-backed notes 34,608 (32,944) 114,069 .664 288,097 Net cash flows from agocontrolling interests - Auto 19,107 (32,866) 32,355 (13,759) 56.954 Net cash flows from poncontrolling interests - Solar (40.564) (13,159) 90,375 (53,723) 83.617 Proceeds from issuances of common stock in public offerings 848.232 848.232 Other 17.632 77.953 31,053 95,585 125.071 Net cash provided by (used in) financing activities 2,142,841 (653,019) 398,622 1,489.822 770.282 Effect of exchange rate changes on cash and cash equivalents and restricted cash 593 4.878 (22,611) 5.471 (12.509) Net increase (decrease) in cash and cash equivalents and restricted cash 2,765,495 (1.593.590) (436,470) 1,171.905 (1,181.721) Cash and cash equivalents and restricted cash at beginning of period 2.682,798 4.276.388 3.219.708 4.276,388 3.964.959 Cash and cash equivalents and restricted cash at end of period $ 5.448 293 5 2.682.798 1 2.783 238 $ 5.448.293 5 2.783 238Condensed Consolidated Statements of Operations (Unaudited) Tesla, Inc. (In thousands, except per share data) Condensed Consolidated Balance Sheets (Unaudited) Three Months Ended Six Months Ended (In thousands) March 31, June 30, June 30. 2019 2019 2018 2019 2018 June 30, December 31, Revenues 2019 2018 Automotive sales $5.168 027 5 3.508 741 5.3.117.865. $.8.676 768 $..5.679.746 Assets Automotive leasing 208.362 215.120 239,816 423.482 413,252 Current assets Total automotive revenue 5,376,389 3,357,681 9.100.250 6,092,998 Cash and cash equivalents 4,954.740 S 3,685,618 Energy generation and storage 368.208 324.661 374,408 692.869 784,430 Restricted cash 128,006 192,551 Services and other 605.079 492.942 270,142 1.098,021 533,554 Accounts receivable, net 1,147.100 949,022 Total revenues 6,349.676 4,541.464 4,002,231 10.891.140 7,410,982 Inventory 3,382,358 3,113,446 Cost of revenues 569.748 365.671 Automotive sales 4,253,763 2,856.209 2,529,739 7.109.972 4,621.136 Prepaid expenses and other current assets Total current assets 10.181.952 8,306,308 Automotive leasing 106.322 117.092 223,414 241,411 Operating lease vehicles, net 2,069,540 2,089,758 Total automotive cost of revenues 4,360,085 2.973,301 2,666,654 7.333,386 4,862,547 Solar energy systems, net 6,200,704 6,271,396 Energy generation and storage 325.523 316,887 330,273 642.410 705,636 10,082,458 11,330,077 685.533 1,428,555 Property, plant and equipment, net Services and other 743.022 386,374 Operating lease right-of-use assets 1.248.277 Total cost of revenues 5,428,630 3,975.721 3,383,301 6,335.526 350,651 Gross profit 565,743 1,486,789 1,075,456 Goodwill and intangible assets, net 480.833 921.046 618,930 MyPower customer notes receivable, net of current portion 400,308 421,548 Operating expenses Restricted cash, net of current portion 365,547 398,219 Research and development 323,898 340,174 386,129 664,072 753,225 Other assets 571,657 Selling, general and administrative 647.261 703.929 750,759 1,351,190 1,437,163 Total assets S 29,739,614 Restructuring and other 117.345 43,471 103,434 160,816 Liabilities and Equity Total operating expenses 1.088.504 1.087.574 1,240,322 2.176.078 2,293.822 Current liabilities Loss from operations (167,458) (521,831) (621,392) (689,289) (1,218,366) 3,133,587 $ 3,404,451 Interest income 10,362 8,762 5,064 19.124 Accounts payable (329,432) Accrued liabilities and other 2,622,943 2,094,253 Interest expense (171,979) (157.453) 163,582) (313,128) 50,911 13,195 Deferred revenue 630,292 Other (expense) income, net (40.756) 25.750 (15.006) (369,831) (644,772) (728,999) (1.014,603) (1,508,021) Resale value guarantees 526,758 502,840 Loss before income taxes Customer deposits 631,107 792,601 Provision for income taxes 19,431 22.873 13,707 42.304 2,567.699 (389,262) (667,645) (1,056,907) (1,527,333) Current portion of long-term debt and finance leases (1) 1,791,085 Net loss Total current liabilities 9.588.773 9,992,136 Net income (loss) attributable to anocontrolling Long-term debt and finance leases, net of current portion (1) 11,234,401 9,403,672 interests and redeemable anocontrolling Deferred revenue, net of current portion 1.182,042 990,873 interests 19,072 34.490 (25,167) 53.562 (100,243) 61.200 328,926 Net loss attributable to common Resale value guarantees, net of current portion Other long-term liabilities 2,655.720 2,710,403 stockholders S (408,334) $ (702 135) $ (717,539) $ (1.110.469) $ (1.427,090) Total liabilities 24,722,136 23,426,010 Net loss per share of common stock Redeemable oggcontrolling interests in subsidiaries 580.227 555,964 attributable to common stockholders - Total stockholders' equity 5,715,393 4,923,243 basic and diluted 854,841 834,397 Basic (2.31) $ (4.10) $ (4.22) $ (6.40) S (8.42) Noncontrolling interests in subsidiaries S 31,872,597 $ 29,739,614 Diluted (2.31). 5. (4.10) $ (4.22) $ (6.40) S (8.42) Total liabilities and equity Weighted average shares used in computing (1) Breakdown of our debt is as follows: net loss per share of Recourse debt 7,813,001 $ 7,080,584 common stock - basic and diluted 3,552,674 $ 3,551,891 Basic 176,654 172.989 174.831 169.574 Non-recourse debt 176.654 172.989 174.831