.net/grad360/default.aspx?SectionID-241 &tabid-1 55#/unit/3/Read NALYZE, THINK, COMMUNICATE ATC 14-1 Real-World Case Following the each Tesla Motors Company, Ins began operations in 2003 but did not begin selling its stock to the pub- lic until June 28, 2010. It has lost money every year it has been in existence, and by December 31, 2013, it had total lifetime lo6ses of approximately $1.1 billion. The company makes the Tesla Model S, and it supplies electric car components to Daimler and Teyola. Tesla's statements of cash flows for 2011, 2012, and 2013 follow TESLA MOTORS, INC Consolidated Statements of Cash Flows For the Years Ended December 31 2013 2012 2011 Cash flows from operating activities: Net loss $ 74.014) S096213 $25441) Adjustments to reconcile met loss to net cash used in operating activities Depreciation and amartization Stock-based compensation Amortization of discount on convertible debt Inventory write-downs Write-off of Department of Energy (DOE) loan origination costs Change in fair value of DOE warrant Sabilities 106,083 80,737 9.143 8,918 5,558 10.692) 28.825 50,145 16,919 29.419 1828 2.750 4,929 .net/grad360/default.aspx?SectionID-241 &tabid-1 55#/unit/3/Read NALYZE, THINK, COMMUNICATE ATC 14-1 Real-World Case Following the each Tesla Motors Company, Ins began operations in 2003 but did not begin selling its stock to the pub- lic until June 28, 2010. It has lost money every year it has been in existence, and by December 31, 2013, it had total lifetime lo6ses of approximately $1.1 billion. The company makes the Tesla Model S, and it supplies electric car components to Daimler and Teyola. Tesla's statements of cash flows for 2011, 2012, and 2013 follow TESLA MOTORS, INC Consolidated Statements of Cash Flows For the Years Ended December 31 2013 2012 2011 Cash flows from operating activities: Net loss $ 74.014) S096213 $25441) Adjustments to reconcile met loss to net cash used in operating activities Depreciation and amartization Stock-based compensation Amortization of discount on convertible debt Inventory write-downs Write-off of Department of Energy (DOE) loan origination costs Change in fair value of DOE warrant Sabilities 106,083 80,737 9.143 8,918 5,558 10.692) 28.825 50,145 16,919 29.419 1828 2.750 4,929