Tesla Inc. is reviewing its financial statements for 2023. The financial data includes:

Transactions (in $ millions)	Amount
Cash Sales	1,200
Credit Sales	600

Requirements:

• Prepare Tesla Inc.'s income statement for 2023, focusing on revenue recognition and expenses.
• Calculate and interpret the debt ratio and interest coverage ratio.
• Discuss the accounting treatment of stock-based compensation expenses.
• Analyze the impact of changes in fair value of investment securities.
• Prepare a reconciliation of beginning and ending balances of property, plant, and equipment for Tesla Inc.