Question
Requirements: Pretend I am a friend who wants to know something about the financials of Tesla as I might invest in them. Using the financial
Requirements:
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, 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 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 your cash flow if you want.
- you must include figures ($) in your answers (when you explain why it is important to identify the amounts that are associated with the item).
- you must very specific about your 4 items - don't just say the financials are balanced or that the assets are more than liabilities. SPECIFIC line items/accounts
- You are allowed to do calculations if you see an opportunity to point something out.
- this should be a minimum of 200 words.
Write intelligently (your writing will be part of the grading). I prefer you to break out each item separately rather than one big paragraph.
Please Help!!!
Tesla, Inc. Consolidated Balance Sheets (iu thousands, except per share data) December 31, 2018 December 31, 2017 $ 3,685,618 192,551 949,022 3,113,446 365,671 8,306,308 2,089,758 6,271,395 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 $ $ $ Assets Current assets Cash and cash equivalents Restricted cash Accounts receivablo, not Inventory Prepaid expenses and other current assots Total current assots Operating leas vehicles, net Solar energy systores, lonsod and to bolcased, net Property, plant and equipment, net Intangible assets, net Goodwill MyPower customer notes receivablo, net of current portion Restricted cash, net of outent portion Other assets Total assets Liabilities Current liabilities Accounts payable Accrued liabilities and other Defenced revenue Resale value guarantoes Customer deposits 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 casos, act of current portion Deferred rovenue, act of current portion Resale value guarantees, act of current portion Other long-term liabilities Total Habilities Commitments and contingencies (Note 17) Redeemable non controlling interests in subsidiaries Convertible senior notes (Note 13) Equity Stockholders' cquity Preferred stock; $0.001 par value; 100,000 shares authorized; no shares issued and outstanding Common stock; $0,001 par value; 2,000,000 shares authorized; 172,603 and 168,797 sharcs issued and outstanding as of December 31, 2018 and 2017, respectively Additional paid-in capital Accumulated other comprehensive (Joss) incomo Accumulated deficit Total stockholders' cquity Norcontrolling interests in subsidiaries Total Habilities and equity 3,404,451 2,094,253 630,292 502,840 792,601 2,567,699 2,390,250 1,731,366 1,015,253 787,333 853,919 796,549 100,000 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 2,710,403 23,426,010 555,964 397,734 70 173 10,249,120 (8,218) (5,317,832) 4,923,243 834,397 29,739,614 169 9,178,024 33,348 - (4,974,299) 4,237,242 997,346 28,655,372 2 $ $ Tesla, Inc. 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 1,391,041 121,461,268 8,534,752 $ 1,106,548 9,641,300 1,116,266 1,001,185 (11,758,751 5,589,007 761,759 6,350,766 181,394 467,972 7,000,132 6,724,480 708,224 17432704 874,538 1229,022 9,536,264 2.222 487 4,268,087 481,994 4,750,081 178,332 472,462 5,400,875 1,599.257 13,685,572 488,425 14,173,997 1,364,896 1,880,354 17,419,247 1.4,042 021 1,460,370 V 2,834,491 135,233 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 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 Operating expenses Research and development Selling, general and administrative Restructuring and other Total operating expenses Loss from operations Intorcst income Interest expense Other income (expense), net Loss before income taxes Provision for income taxes Netloss. Net loss attributable to non controlling interests and redeemablo noncontrolling interests in subsidiaries Netloss attributable to common stockholders Net loss per share of common stock attributable to common stockholders Basic Diluted Weighted average shares used in computing net loss per share of common stock Basic Diluted 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) 2,266,597 (667,340) 8,530 (198,810) 111,272 (746,348) 26,698 (773,046) (86,491) (976,091) $ (279,178) (1,961,400) $ (98,132) (674,914) $ (5.72) $ (5.72) $ (11.83) $ (11.83) $ (4.68) (4.68) $ 170,525 170,525 165,758 165,758 144,212 144,212 The accompanying notes are an integral part of these consolidated financial statements. Screer Tesla, Inc. Consolidated Balance Sheets (iu thousands, except per share data) December 31, 2018 December 31, 2017 $ 3,685,618 192,551 949,022 3,113,446 365,671 8,306,308 2,089,758 6,271,395 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 $ $ $ Assets Current assets Cash and cash equivalents Restricted cash Accounts receivablo, not Inventory Prepaid expenses and other current assots Total current assots Operating leas vehicles, net Solar energy systores, lonsod and to bolcased, net Property, plant and equipment, net Intangible assets, net Goodwill MyPower customer notes receivablo, net of current portion Restricted cash, net of outent portion Other assets Total assets Liabilities Current liabilities Accounts payable Accrued liabilities and other Defenced revenue Resale value guarantoes Customer deposits 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 casos, act of current portion Deferred rovenue, act of current portion Resale value guarantees, act of current portion Other long-term liabilities Total Habilities Commitments and contingencies (Note 17) Redeemable non controlling interests in subsidiaries Convertible senior notes (Note 13) Equity Stockholders' cquity Preferred stock; $0.001 par value; 100,000 shares authorized; no shares issued and outstanding Common stock; $0,001 par value; 2,000,000 shares authorized; 172,603 and 168,797 sharcs issued and outstanding as of December 31, 2018 and 2017, respectively Additional paid-in capital Accumulated other comprehensive (Joss) incomo Accumulated deficit Total stockholders' cquity Norcontrolling interests in subsidiaries Total Habilities and equity 3,404,451 2,094,253 630,292 502,840 792,601 2,567,699 2,390,250 1,731,366 1,015,253 787,333 853,919 796,549 100,000 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 2,710,403 23,426,010 555,964 397,734 70 173 10,249,120 (8,218) (5,317,832) 4,923,243 834,397 29,739,614 169 9,178,024 33,348 - (4,974,299) 4,237,242 997,346 28,655,372 2 $ $ Tesla, Inc. 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 1,391,041 121,461,268 8,534,752 $ 1,106,548 9,641,300 1,116,266 1,001,185 (11,758,751 5,589,007 761,759 6,350,766 181,394 467,972 7,000,132 6,724,480 708,224 17432704 874,538 1229,022 9,536,264 2.222 487 4,268,087 481,994 4,750,081 178,332 472,462 5,400,875 1,599.257 13,685,572 488,425 14,173,997 1,364,896 1,880,354 17,419,247 1.4,042 021 1,460,370 V 2,834,491 135,233 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 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 Operating expenses Research and development Selling, general and administrative Restructuring and other Total operating expenses Loss from operations Intorcst income Interest expense Other income (expense), net Loss before income taxes Provision for income taxes Netloss. Net loss attributable to non controlling interests and redeemablo noncontrolling interests in subsidiaries Netloss attributable to common stockholders Net loss per share of common stock attributable to common stockholders Basic Diluted Weighted average shares used in computing net loss per share of common stock Basic Diluted 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) 2,266,597 (667,340) 8,530 (198,810) 111,272 (746,348) 26,698 (773,046) (86,491) (976,091) $ (279,178) (1,961,400) $ (98,132) (674,914) $ (5.72) $ (5.72) $ (11.83) $ (11.83) $ (4.68) (4.68) $ 170,525 170,525 165,758 165,758 144,212 144,212 The accompanying notes are an integral part of these consolidated financial statements. ScreerStep by Step Solution
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