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What are Teslas Operating Expenses? What are the major expenses (as a percentage of total expenses or of total revenue)? Are there changes in expenses

  1. What are Teslas Operating Expenses? image text in transcribed
  • What are the major expenses (as a percentage of total expenses or of total revenue)?
  • Are there changes in expenses explained in the MD&A?
  • Does the company engage in research and development activities? Explain.
Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) December 31, 2020 December 31, 2019 S 19,384 1,886 4,101 1,346 26,717 3,091 5,979 12,747 1.558 313 207 1,536 52,148 6,268 1,324 3,552 959 12,103 2,447 6,138 10,396 1,218 339 198 1,470 34,309 S S $ Assets Current assets Cash and cash equivalents Accounts receivable, net Inventory Prepaid expenses and other current assets Total current assets Operating lease vehicles, net Solar energy systems, net Property, plant and equipment, net Operating lease right-of-use assets Intangible assets, net Goodwill Other non-current assets Total assets Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Customer deposits Current portion of debt and finance leases Total current liabilities Debt and finance leases, net of current portion Deferred revenue, net of current portion Other long-term liabilities Total liabilities Commitments and contingencies (Note 16) Redeemable noncontrolling interests in subsidiaries Convertible senior notes (Note 12) Equity 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 and 905 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively (1) Additional paid-in capital (1) Accumulated other comprehensive income (loss) Accumulated deficit Total stockholders' equity Noncontrolling interests in subsidiaries Total liabilities and equity 6,051 3,855 1,458 752 2,132 14,248 9,556 1,284 3,330 28,418 3,771 3,222 1,163 726 1,785 10,667 11,634 1,207 2,691 26,199 643 604 51 1 27,260 363 (5,399) 22,225 850 52,148 1 12,736 (36) (6,083) 6,618 849 34,309 S Tesla, Inc. Consolidated Balance Sheets (in millions, except per share data) December 31, 2020 December 31, 2019 S 19,384 1,886 4,101 1,346 26,717 3,091 5,979 12,747 1.558 313 207 1,536 52,148 6,268 1,324 3,552 959 12,103 2,447 6,138 10,396 1,218 339 198 1,470 34,309 S S $ Assets Current assets Cash and cash equivalents Accounts receivable, net Inventory Prepaid expenses and other current assets Total current assets Operating lease vehicles, net Solar energy systems, net Property, plant and equipment, net Operating lease right-of-use assets Intangible assets, net Goodwill Other non-current assets Total assets Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Customer deposits Current portion of debt and finance leases Total current liabilities Debt and finance leases, net of current portion Deferred revenue, net of current portion Other long-term liabilities Total liabilities Commitments and contingencies (Note 16) Redeemable noncontrolling interests in subsidiaries Convertible senior notes (Note 12) Equity 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 and 905 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively (1) Additional paid-in capital (1) Accumulated other comprehensive income (loss) Accumulated deficit Total stockholders' equity Noncontrolling interests in subsidiaries Total liabilities and equity 6,051 3,855 1,458 752 2,132 14,248 9,556 1,284 3,330 28,418 3,771 3,222 1,163 726 1,785 10,667 11,634 1,207 2,691 26,199 643 604 51 1 27,260 363 (5,399) 22,225 850 52,148 1 12,736 (36) (6,083) 6,618 849 34,309 S

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