Tesla, Inc. (TSLA) financial statements (2021 and earlier)

Company profile

Business Address 3500 DEER CREEK RD
PALO ALTO, CA 94304
State of Incorp. DE
Fiscal Year End December 31
SIC 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19,384 3,6863,3683,3931,197
Cash and cash equivalents19,384 3,6863,3683,3931,197
Restricted cash and investments238 19315510623
Receivables1,895 949515499169
Inventory, net of allowances, customer advances and progress billings4,101 3,1132,2642,0671,278
Inventory4,101 3,1132,2642,0671,278
Other undisclosed current assets1,099 366268194125
Total current assets:26,717 8,3066,5716,2602,792
Noncurrent Assets
Finance lease, right-of-use asset1,494 
Operating lease, right-of-use asset1,558 
Property, plant and equipment12,747 11,33010,0285,9833,403
Long-term investments and receivables  422457506 
Accounts and financing receivable, after allowance for credit loss  422457506 
Intangible assets, net (including goodwill)520 351422376 
Goodwill207 6860  
Intangible assets, net (excluding goodwill)313 282362376 
Restricted cash and investments279 39844226832
Other noncurrent assets1,536 57227321775
Other undisclosed noncurrent assets7,297 8,36110,4649,0541,791
Total noncurrent assets:25,431 21,43322,08516,4045,301
TOTAL ASSETS:52,148 29,74028,65522,6648,092
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,482 4,4034,1223,0701,339
Accounts payable6,051 3,4042,3901,860916
Accrued liabilities  2011,7311,210423
Employee-related liabilities654 449   
Taxes payable777 349   
Deferred revenue1,458 
Debt1,758 2,2228001633
Due to related parties   35 
Deferred revenue and credits1,015763424
Customer advances and deposits1,7081,328283
Contract with customer, liability630
Other liabilities241 373   
Other undisclosed current liabilities3,309 2,36528660137
Total current liabilities:14,248 9,9927,6755,8272,816
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,094 9,4049,4165,8602,040
Finance lease, liability1,094 
Capital lease obligations9935897717
Other undisclosed long-term debt and lease obligation  8,4108,8265,7832,023
Liabilities, other than long-term debt4,614 3,7013,6212,743811
Deferred revenue and credits1,178852446
Deferred revenue1,284 
Contract with customer, liability991
Other liabilities3,330 2,7102,4431,891365
Other undisclosed noncurrent liabilities8,462 3292,3122,3201,294
Total noncurrent liabilities:14,170 13,43415,34810,9234,145
Total liabilities:28,418 23,42623,02316,7506,961
Temporary equity, carrying amount655 556398367 
Stockholders' equity
Stockholders' equity attributable to parent22,225 4,9234,2374,7531,089
Common stock1 0000
Additional paid in capital27,260 10,2499,1787,7743,415
Accumulated other comprehensive income (loss)363 (8)33(24)(4)
Accumulated deficit(5,399) (5,318)(4,974)(2,997)(2,322)
Stockholders' equity attributable to noncontrolling interest850 834997785 
Other undisclosed stockholders' equity    36742
Total stockholders' equity:23,075 5,7585,2355,9051,131
Other undisclosed liabilities and equity    (358) 
TOTAL LIABILITIES AND EQUITY:52,148 29,74028,65522,6648,092

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues31,536 21,46111,7597,0004,046
Revenue, net10,7586,5323,741
Cost of revenue(24,906) (17,419)(9,536)(5,401)(3,123)
Cost of goods and services sold(289) (85)(7,599)(4,446)(2,823)
Gross profit:6,630 4,0422,2221,599924
Operating expenses(4,636) (4,430)(3,855)(2,267)(1,640)
Operating income (loss):1,994 (388)(1,632)(667)(717)
Nonoperating income (expense)(92) 46(106)120(40)
Investment income, nonoperating30 252092
Other nonoperating income (expense)(122) 22(125)111(42)
Interest and debt expense(748) (663)(471)(199)(119)
Income (loss) from continuing operations before income taxes:1,154 (1,005)(2,209)(746)(876)
Income tax expense(292) (58)(32)(27)(13)
Net income (loss):862 (1,063)(2,241)(773)(889)
Net income (loss) attributable to noncontrolling interest(141) 8627998 
Net income (loss) attributable to parent:721 (976)(1,961)(675)(889)
Other undisclosed net loss available to common stockholders, basic(31)     
Net income (loss) available to common stockholders, diluted:690 (976)(1,961)(675)(889)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):862 (1,063)(2,241)(773)(889)
Other comprehensive loss     (4)
Other undisclosed comprehensive income399     
Comprehensive income (loss):1,261 (1,063)(2,241)(773)(892)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(141) 8627998 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (42)57(20) 
Comprehensive income (loss), net of tax, attributable to parent:1,120 (1,018)(1,904)(695)(892)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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