Question
Tesla Inc. Consolidated Balance Sheets (in thousands, except per share data) 31 Dec '17 31 Dec '16 31 Dec '15 31 Dec '14 31 Dec
Tesla Inc. |
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Consolidated Balance Sheets |
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(in thousands, except per share data) | 31 Dec '17 | 31 Dec '16 | 31 Dec '15 | 31 Dec '14 | 31 Dec '13 | 31 Dec '12 | 31 Dec '11 |
Total assets | 28,655 | 22,664 | 8,068 | 5,831 | 2,417 | 1,114 | 713 |
Total current assets | 6,571 | 6,260 | 2,782 | 3,180 | 1,266 | 525 | 373 |
Cash and cash equivalents | 3,368 | 3,393 | 1,197 | 1,906 | 846 | 202 | 255 |
Short-term marketable securities | -- | -- | -- | -- | -- | -- | 25 |
Restricted cash and marketable securities | 155 | 106 | 23 | 18 | 3 | 19 | 23 |
Accounts receivable | 515 | 499 | 169 | 227 | 49 | 27 | 10 |
Inventory | 2,264 | 2,067 | 1,278 | 954 | 340 | 269 | 50 |
Prepaid expenses and other current assets | 268 | 194 | 116 | 76 | 28 | 8 | 9 |
Operating lease vehicles, net | 4,117 | 3,134 | 1,791 | 767 | 382 | 10 | 12 |
Solar energy systems, leased and to be leased, net | 6,347 | 5,920 | 0 | -- | -- | -- | -- |
Property, plant and equipment, net | 10,028 | 5,983 | 3,403 | 1,829 | 738 | 552 | 298 |
Intangible assets, net | 422 | 376 | 13 | -- | -- | -- | -- |
Intangible assets, net excluding goodwill | 362 |
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Goodwill | 60 |
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MyPower customer notes receivable, net of current portion | 457 | 506 | 0 | -- | -- | -- | -- |
Restricted cash | 442 | 268 | 32 | 11 | 6 | 5 | 8 |
Other assets, net | 273 | 217 | 47 | 43 | 24 | 22 | 22 |
Total liabilities and stockholders equity | 28,655 | 22,664 | 8,068 | 5,831 | 2,417 | 1,114 | 713 |
Total liabilities | 23,023 | 16,750 | 6,937 | 4,861 | 1,750 | 989 | 489 |
Total current liabilities | 7,675 | 5,827 | 2,811 | 2,107 | 675 | 539 | 191 |
Accounts payable and accrued liabilities | 4,122 | 3,070 | 1,339 | 1,047 | 412 | 343 | 88 |
Accounts payable | 2,390 | 1,860 | 916 | 778 | 304 | 303 | 56 |
Accrued liabilities | 1,731 | 1,210 | 423 | 269 | 108 | 40 | 32 |
Deferred revenue | 1,015 | 763 | 424 | 192 | 92 | 2 | 2 |
Capital lease obligations |
| -- | -- | -- | 8 | 4 | 1 |
Resale value guarantees | 797 | 180 | 137 | 0 | -- | -- | -- |
Customer deposits | 854 | 664 | 283 | 258 | 163 | 139 | 92 |
Convertible senior notes and other debt |
| -- | -- | -- | 0 | 0 | -- |
Current portion of long-term debt and capital leases | 897 | 1,150 | 628 | 611 | -- | 51 | 8 |
Current portion of long-term debt and capital leases excluding current portion of solar bonds issued to related parties | 797 | 984 | 628 | 611 | -- | 51 | 8 |
Current portion of solar bonds issued to related parties | 100 | 166 | 0 | -- | -- | -- | -- |
Long-term debt and capital leases | 9,418 | 5,970 | 2,021 | 1,819 | 586 | 401 | 268 |
Long-term debt and capital leases, net of current portion | 9,416 | 5,860 | 2,021 | -- | -- | 401 | -- |
Convertible senior notes and other debt | 3 | 10 | 0 | -- | 586 | 0 | -- |
Solar bonds issued to related parties, net of current portion | 0 | 99 | 0 | -- | -- | -- | -- |
Common stock warrant liability |
| -- | -- | -- | -- | 11 | 9 |
Capital lease obligations - non current | -- | -- | -- | -- | 13 | 10 | 3 |
Deferred revenue - non current | 1,178 | 852 | 446 | 292 | 181 | 3 | 3 |
Capital lease obligations |
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Other long-term liabilities | 4,752 | 4,102 | 1,659 | 643 | 294 | 25 | 15 |
Resale value guarantees | 2,309 | 2,210 | 1,294 | 488 | 236 | 0 | -- |
Other long-term liabilities excluding resale value guarantees | 2,443 | 1,891 | 365 | 155 | 58 | 25 | 15 |
Redeemable noncontrolling interests in subsidiaries | 398 | 367 | 0 | -- | -- | -- | -- |
Convertible senior notes | 0 | 9 | 47 | 58 | 0 | -- | -- |
Total stockholders equity | 4.237 | 4,753 | 1,084 | 912 | 667 | 125 | 224 |
Preferred stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Additional paid-in capital | 9,178 | 7,774 | 3,409 | 2,345 | 1,807 | 1,190 | 893 |
Accumulated deficit | -4,941 | -3,021 | -2,326 | -1,434 | -1,140 | -1,066 | -669 |
Accumulated other comprehensive loss | 33 | -24 | -4 | -0 | -- | -- | -0 |
Accumulated deficit excluding accumulated other comprehensive loss | -4,977 | -2,997 | -2,322 | -1,434 | -- | -- | -669 |
Noncontrolling interests in subsidiaries | 997 | 785 | 0 | -- | -- | -- | -- |
What products (services) does Tesla sell?
What is their competitive advantage?
What is their business strategy?
Who are their major competitors?
What are the major risks to their business?
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