Tesla Balance Sheet Consolidated Balance Sheets - USD ($] $ In Millions Dec. 31, 2020 Dec. 31, 2019 Current assets Cash and cash equivalents $ 19,384 $ 6,268 Accounts necelivable, net 1,896 1,324 Imentory 4,101 3.552 Prepaid expenses and other current assets 1,346 958 Total current assets 26,717 12,103 Property, plant and equipment, net 12,747 10,396 Operating lease right of use assets 1,558 1,218 Intangible assets, net 313 309 Goodwill 207 198 Other inon current assets 1,536 1,470 Total assets 52,148 34,309 Current liabilities Accounts payable 6,051 3,771 Accrued liabilities and other 3,855 3,272 Deferred revenue 1,458 1,163 Customer deposits 752 726 current portion of debt and finance leases 2,132 1,785 Total current liabilities 14,248 10,867 Debt and finance leases, net of current portion 9.556 11,634 Deferred revenue, net of current portion 1,284 1,207 Other long-term liabilities 3,330 Total liabilities 28,418 26,199 Commitments and contingencies (Note 16] Redeemable noncontrolling interests in subsidiaries 604 643 Commertible senior notes (Note 12) 51 Stockholders' equity Preferred stock; $0.001 par value; 100 shares authorized; no shares Issued and outstanding (Common stock; $0.001 par value; 2,000 shares authorized; 960 1 1 and 905 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively Additional paid in capital 27,260 12,736 Accumulated other comprehensive income (loss] Accumulated deficit (5,389) (6,083) Total stockholders equity 22,225 6,618 Noncontrolling Interests in subsidiaries 850 Total liabilities and equity 52,148 34,309 Operating Lease Vehicles [Member] Current assets Operating lease vehicles, net 3,091 24AT Solar Energy Systems [Member] Current assets solar energy systems, net $ 5,979 $ 6,138Tesla Statements of Operations Consolidated Statements of Operations = 12 Months Ended USD (5) shares in Millions, $ in Millions Dec. 11, 2020 Dec. 11, 2019 Dec. 11, 2018 Revenues Automotive leasing $ 1,052 5 859 5 887 Total automotive revenues 27,216 20,821 18,515 Services and other 2.306 2 226 1,391 Total revenues 11,516 24,578 21,461 Cost of revenues Automotive leasing 567 459 Total automotive cost of revenues 20 259 16 398 14,174 Services and other 2.671 2,770 1,890 Total cost of revenues 24.906 20.509 17,419 Gross profit 5.630 4,059 4,042 Operating expenses Research and development 1,491 1,141 1,460 Selling, general and administrative 1,145 2,646 2.815 Restructuring and other 149 135 Total operating expenses 4,676 4,138 4,410 Income (loss) from operations 1.994 (69) Interest income 30 44 24 Interest expense (7487 (685 Other (expense) income, net 45 21 Income (loss) before income taxes 1,154 (665] (1,005] Provision for income taxes 292 110 Net income (loss) (775) (1,063] Net income (loss) attributable to 141 87 moncontrolling interests and redeemable noncontrolling interests in subsidiaries Net income (loss) attributable to common (862) (976) stockholders Less: Buy out of noncontrolling interest 31 Net income (loss) used in computing net 5 690 5 (870) 5 (976) income (loss] per share of common stock Net income (loss) per share of common stock attributable to common stockholders Basic 50.74 $ 10.98 50.14 Diluted 5 0.64 $ (0.98) Weighted average shares used in computing net income (loss) per share of common Basic 917 857 851 Diluted 1,087 857 Automotive Sales [ Member] Revenues Revenues 5 26 184 $ 19 952 5 17 612 Cost of revenues Cost of revenues 19.696 15,919 13 686 Energy Generation and Storage [ Member] Revenues Revenues 1,994 1,531 1.555 Cost of revenues Cost of revenues $ 1,976 $ 1,341 5 1,165Candidated Statements of Cash Flow - 130 (3 5 In Million 12 Months Ended The. 31, 2020 The. 31, 2019 The. 31, 2018 Ajianna to recokil t Income (Too) to me cuh provided by qurating kite Depreciation amortization and impairment 2, 154 1,401 Back bird coperation 1, 714 Amortization of delet discounts and isource coats Inventory and purchase commitments write-doera 302 1 17 1 82 Foreign currency transaction net los [gain 114 Miami-cash interest and other operating activities Cherating cash flow related to repayment of discounted convertible mentor notes (ungen In qurating moxis and liabilities, It of cket of budin combinione 215 Inpaid experies and other current moacts 115 Accounts payable and accneed biak lifes The ferred reverak 321 7 Cther long-term liabilities Net cash provided by operating activities Purchases of property and equipment excluding france leases, ret of sales 2 1013 Purchases of war crungy sixma net of sales 2119 Receipt of government grants 123 Purchase of intarabic acts Buenos conkrution, not of cach acquired Niet cash used in investing activities Cash Flows fran Flanking Activities Fracech from imures of common block in public offering, net of marce crats 12, 240 Freeczech from imounces of convertible and other debt 6 176 Repayments of convertible and other debt Repayments of bookings issued to related purtica Collateralized lcars repayments 417 Principal payments on Brune Icases Thebe source coots Track from issuance of warrants 174 Inccock from imcements by mecontrolling intercuts in sledaries 24 Than button paid to nocontrolling infercuts in max danes Payments the buyouts of nacontrolling interests in subs danica Dict cash provided by trucking activities 574 Effect of caxlunge rate clungs on cash and cash equivalents and restricted cash Nice increase in cash and cash equivalents and restricted cash 13, LIK 312 Cash and cash equivalents and restricted cash, beginning of period 4,277 C'ash and cach equivalents and restricted cash, end of period 4,277 Equty Loud in connection with bunga cobration 207 Acquestion of property and equipment included in liabilities Freemated ther value of facilities under barld-to-art leases Cash paid during the period for interest, not of amounts capitalized Cash paid during the period for taxxz, rect of refunds $ 11512 Months Ended Overview Dec. 31, 2020 Accounting Policies [ Abstract] Overview Note 1 -Overview Tesla, Inc. ("Tesla", the "Company", "we", "us" or "our") was incorporated in the State of Delaware on July 1, 2003. We design, develop, manufacture and sell high-performance fully electric vehicles and design, manufacture, install and sell solar energy generation and energy storage products. Our Chief Executive Officer, as the chief operating decision maker ("CODM" ), organizes our company, manages resource allocations and measures performance among two operating and reportable segments: (i) automotive and (ii) energy generation and storage. As of and following December 31, 2020, there has continued to be widespread impact from the coronavirus disease ("COVID-19") pandemic. In 2020, we temporarily suspended operations at each of our manufacturing facilities worldwide for a part of the first half of the year. Some of our suppliers and partners also experienced temporary suspensions before resuming, including Panasonic, which manufactures battery cells for our products at our Gigafactory Nevada. We also instituted temporary employee furloughs and compensation reductions while our U.S. operations were scaled back. Finally, reduced operations or closures at motor vehicle departments, vehicle auction houses and municipal and utility company inspectors resulted in challenges in or postponements for our new vehicle deliveries, used vehicle sales, and energy product deployments. By the second half of 2020, however, we resumed operations at all of our manufacturing facilities and have continued to increase our output and add additional capacity and work with each of our suppliers and government agencies on meeting, ramping and sustaining our production. On the other hand, certain government regulations and shifting social behaviors have continued to limit or close non-essential transportation, government functions, business activities and person-to-person interactions. In some cases, the relaxation of such trends has recently been followed by actual or contemplated returns to stringent restrictions on gatherings or commerce. We cannot predict the duration or direction of such trends, which have also adversely affected and may in the future affect our operations. On February 19, 2020, we completed a public offering of our common stock and issued a total of 15.2 million shares ( as adjusted to give effect to the Stock Split, as described in the paragraph below), On August 10, 2020, our Board of Directors declared a five-for-one split of the Company's common stock effected in the form of a stock dividend (the "Stock Split"). Each stockholder of record on August 21, 2020 received a dividend of four additional shares of common stock for each then-held share, distributed after close of trading onStatement of comprehensive Inc - Consolidated Statements of Comprehensive Income (Loss) - 12 Months Ended USD ($) $ in Millions Dec. 31, 2020 Dec. 31, 2019 Dec. 31, 2018 Statement Of Income And Comprehensive Income [Abstract] Net income (loss) $ 862 $ (775) $ (1,063) Other comprehensive income (loss): Foreign currency translation adjustment 399 (28) (42) Comprehensive income (loss) 1,261 (803) (1,105) Less: Comprehensive income (loss) attributable to noncontrolling interests and redeemable 141 87 (87) noncontrolling interests in subsidiaries Comprehensive income (loss) attributable to common stockholders $ 1,120 $ (890) $ (1,018)Total Total Common Addcoral Paid- Accumulate Stockholder Backholder' s Equity Moncontrolli May 2019 Bedcemabia Total Tends Statement of Equity- Consolidated Statements of Hedesirable Noncontrolling Interest and Convertible Common [ MemberJM Addtoral Paid. [Member 2.00 In Capital d Chther a Equity Accumulate [Member F nig Intercats Total ary 2019 In Capital " Comentible [ Member ]May Compachera Stockholder [Member JM Stockholders Equity - 130 (3) hires In Million, $ In Millions Chicring my Interests. 2019 Public d Deficit [Member] avg Income my 2019 in Equity due in 2034 [Member ] Public [Member] [Member] [Member] uax darica [Member] luc in 2024 [Member] [ Member] [Member] [Member] [Member] due in 2084 [Member] [Member ] Balance at Dec. 31, 3017 $9177 $4 257 Glance (Accounting Standards Update Ma. 2014-0 [Member[) at Ikcc. 31, 2017 alarge (Accounting Standards Update Ma. 2017-05 [Member[) at Dec. 31, 2017 alarc, Shurca at Ikcc. 31, 2017 ILI xorcists of conversion feature of convertible nor notch Exercises of conversion feature of convertible anor notes Munch 1 on bock for equity incentive awards arc of common bock for equity incentive awards Slurca 77 161 276 161 1210 (210) bit income (Toof Balance of Dec. 31. 3018 4757 10 34 Balance (Accounting Bandands Update Ma. 2016-02 [Memmber[ at tec. 31, 2015 Balance, Shares at Ikcc. 31, 3018 Conversion ature of Comerible Honor Motca Purchase of convertible note hedges Sales of warrants 174 174 174 hourco of common mock for equity incentive wwarch and sequation, rat of transaction $0 ance of common stock upon acquisition and equity incentive awards, not of nuction coats, Sures a of common stock public offering are of common stock public offering dures 973 or from norcontrolling intercats 174 174 185 bit income (Tool Balance at Ic. 31, 2019 12, 738 Balance (Accounting Standards Update Ma. 2016-13 [ Member[) at Ikec. $1, 2019 Bularex, dunes at Dec. 31, 2019 905 an fication between equity and mexzarin equity for convertible greer notes Exercises of conversion kature of convertible nor notes $0 's of convertible prior notes, Sunca 2 on stock for oqrty incentive award 417 #17 #17 k for equity incentive award, Sure 19 on bock public offering 12, 269 12, 20 12 3M n bock public offering durca used compensation 1, 1861 1,861 controlling interests 17 7 17 tar buttons to noncontrolling interests (132) (132) buy ous of noncontrolling intercats 721 721 1 18 ther comprehendvc income (Tool Balance at Dec. 31, 2130 $25,075 $ 1 $ 27, 240 $ 383 $ 22 225 $ 150 For period results have been and wted to reflect the five-te-one stock split effected in the form of a stock dividend in August 2080 See Nite 1, Cherview