Pretend I am a friend who wants to know something about the financials of Tesla as I might invest in them. Using the financial intelligence you may have already learned, tell your friend 4 important items about the financials that will help her/him.
In this thread, list 4 items (each is worth 4 points) that help you either in your assessment of the the financial health of TESLA and/or just something that stands out to you as an "intelligent" reader of the financial statements of TESLA. Please try and use at least the balance sheet and statement of operations but you can also you cash flow if you want.
Tesla, Inc. Consolidated Balance Sheets (In thousands, except per share data) December 31, 2018 December 31, 2017 $ 3,685,618 192,551 949,022 3,113,446 365,571 8,306,308 2,089,758 6,271,396 11,330,077 282,492 68,159 421,548 398,219 571,657 29.739.614 3,367,914 155,323 515,381 2,263,537 268,365 6,570,520 4,116,604 6,347,490 10,027,522 361,502 60,237 456,652 441,722 273,123 28,655,372 $ Asseta Current sets Cash and cash equivalents Restricted cash Accounts receivable, net Inventory Prepaid expenses and other current asses Total current Assets Operating lenso vehicles, et Solar energy systems, lensed and to be deased, et Property, plant and equipment, net Intangible assets, met Goodwill MyPower customer nolos receivablo, net of current portion Restrleted cash, not of current portion Others Totalanes Llabilities Current liabilities Accounts payable Acored liabilities od other Dermed revenue Renste value guarantees Customer deposite Current portion of long-term debt and capital leases Current portion of promissory notes issued to related parties Total current liabilities Long-term debt and capital Bass, net of current portion Deferred tovanise, set of current portion Resale vale getrantees, net of current portion Other long-term liabilities Total liabilities Commitments and contingencies (Note 17) Redeemable moncontrolling interests in subsidiaries Convertible senior notes (Note 13) Equity Stockholders' equlty Preferred stock; $0.001 par values 100,000 shares wuthorized Ho share issued and outstanding Common stock; $0.001 par value: 2,000,000 shares authorized; 172,603 and 168,791 share issued and outstanding is of December 31, 2018 and 2017, respectively Additional pald-in capital Accumulated other comprehensive (los) income Accumulated deficit Total stockholders' equity Noncontrolling interests in subeldiaries Total dates and equality 3,404,451 2,094,253 630,292 502,840 792,601 2,567,699 2,390,250 1,731,366 1,015,258 787,333 853,919 796,549 100,000 7,674,670 9.418,319 1,177,799 2,309,222 2,442,970 23,022,980 9,992,136 9,403,672 990,873 328,926 2,710401 23 426,010 555,964 397,734 70 173 10,249,120 (8,218) (5,317,832) 4,923,243 834,197 29,739,614 169 9,178,024 33,348 (6974,299) 4237,242 997,346 28,655,972 Tesla, Ine. Consolidated Statements of Operations (In thousands, except per share data) Year Ended December 31 2017 2018 2016 17,631,522 $ 883,461 18,514,983 1,555,244 1391,041 21.461,268 5,589,007 761,759 6,350,766 181,394 467,972 7,000,132 Revenues Automotive sales Automotive leasing Total automotive revenge 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 ooves Gross profit Operating expenses Research and development Selling general and administrative Rostructuring and other Total operating expenses Loss from operations Interest income Interest expense Other income (exponse), net Loss before income taxes Provision for income taxes 8,534,752 $ 1,106,548 9,641,300 1,116,266 1,001,185 11,758,751 6,724480 708,224 UABYNOG 874,538 1.229,022 933626 2.222.487 4,268,087 481,994 4,750,081 178,332 472462 5400,875 1,599.252 13,685,572 488.425 14,172,097 1,364,896 1.880 354 17419,247 4,042,021 1460,370 2,834491 135,233 4.430,094 (388,073) 24,533 (663,071) 21,866 (1,004,745) 57,837 (1,062.582) 1,378,073 2,476,500 834.408 1.432,189 3,854,573 (1,632,086) 19,686 (471,259) (125,373) (2,209,032) 31 546 (2,240.578) 2,266592 (667,340) 8,530 (198,810) 111,272 (746,348) 26,698 (773,046) (86,491) (276,091) (279,178) (1.961400) (98,132) (674,914) Not loss attributable to non controlling interests and redeemablo noncontrolling interests in subsidiaries Netloss attributable to common stockholders Net loss per share of common stock attributablo to common stockholders Basic Diluted Weighted averago share used in computing net loss per share of common stock Basic Diluted (5.72) $ (5.72) $ (11.83 (11.83 $ $ (4.68) (4.68) 170,525 170,525 165,758 165.758 144,212 144,212
