Company name:
Tesla Inc
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IPO SHARE PRICE:$17.00
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IPO DATE:June 29, 2010
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TICKER:TSLA
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MAIN STOCK EXCHANGE:NASDAQ
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CURRENT HQ LOCATION:3500 Deer Creek Road Palo Alto California 94304
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FISCAL YEAR END:December 31
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INCORPORATION JURISDICTION:DE
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ORGANIZED AS THE FOLLOWING LEGAL TYPE:Corporation
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Investor Relations Webpage:Coming soon!
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TAX RATE:USA federal corporate nominal income tax rate is 21%
Short Description
Tesla Inc
We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com
Statement of Cash Flow
(USD in thousand)
Selected Year:
31-Dec
2020
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
26.7% -
Depreciation amortization and impairment
24.2% -
Accounts payable and accrued liabilities
20.0% -
Stock-based compensation
9.9% -
Net income (loss)
5.7% -
Other liabilities
3.7% -
Deferred revenue
2.6% -
Non-cash interest and other operating activities
2.3% -
Inventory and purchase commitments write-downs
2.1% -
Amortization of debt original issue discount and issuance cost
1.3% -
(Gain) loss on sale of fixed assets
1.3% -
(Gain) loss on foreign currency
0.1% -
Customer deposits
SOURCEs
3.7%
5.7%
24.2%
20.0%
26.7%
9.9%
100 %
0%
USES
68.4%
7.5%
4.0%
4.9%
12.3%
12.3% -
Operating lease vehicles
7.5% -
Accounts receivable
4.9% -
Inventory
4.0% -
Other assets
2.9% -
Prepaid expenses and other assets
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($1,063,000) | ($775,000) | $862,000 | $862,000 | - | ||||||||||
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Depreciation and amortization
|
- | - | - | - | - | ||||||||||
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Depreciation amortization and impairment
|
1,901,000 | 2,154,000 | 2,322,000 | 2,322,000 | - | ||||||||||
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Amortization of convertible debt discount
|
- | - | - | - | - | ||||||||||
|
Amortization of Department of Energy (DOE) loan origination costs
Amortization of Department of Energy (DOE) loan origination costs
|
- | - | - | - | - | ||||||||||
|
Amortization of debt original issue discount and issuance cost
Amortization of debt original issue discount and issuance cost
|
159,000 | 188,000 | 180,000 | 180,000 | - | ||||||||||
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Stock-based compensation
|
749,000 | 898,000 | 1,734,000 | 1,734,000 | - | ||||||||||
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(Accretion) amortization of (discount) premium on marketable securities
(Accretion) amortization of (discount) premium on marketable securities
|
- | - | - | - | - | ||||||||||
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Non-cash interest and other operating activities
|
49,000 | 186,000 | 228,000 | 228,000 | - | ||||||||||
|
Non-cash interest on convertible notes
|
- | - | - | - | - | ||||||||||
|
Excess tax benefit related to stock-options compensation
Excess tax benefit related to stock-options compensation
|
- | - | - | - | - | ||||||||||
|
Inventory write-downs
|
- | - | - | - | - | ||||||||||
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Inventory and purchase commitments write-downs
|
85,000 | 193,000 | 202,000 | 202,000 | - | ||||||||||
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Loss on abandonment of fixed assets
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- | - | - | - | - | ||||||||||
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(Gain) loss on sale of property and equipment
|
- | - | - | - | - | ||||||||||
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(Gain) loss on sale of fixed assets
|
162,000 | 146,000 | 117,000 | 117,000 | - | ||||||||||
|
Loss (gain) on the acquisition of SolarCity
|
- | - | - | - | - | ||||||||||
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(Gain) loss on repayment of convertible notes and warrants
(Gain) loss on repayment of convertible notes and warrants
|
- | - | - | - | - | ||||||||||
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Write-off of Department of Energy (DOE) loan origination costs
Write-off of Department of Energy (DOE) loan origination costs
|
- | - | - | - | - | ||||||||||
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(Gain) loss on foreign currency
|
(2,000) | (48,000) | 114,000 | 114,000 | - | ||||||||||
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Change in fair value of DOE warrant liability
|
- | - | - | - | - | ||||||||||
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Change in fair value of warrant liability
|
- | - | - | - | - | ||||||||||
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Operating cash flow related to repayment of discounted convertible senior notes
Operating cash flow related to repayment of discounted convertible senior notes
|
- | (188,000) | - | - | - | ||||||||||
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Operating cash flow related to repayment of discounted convertible notes
Operating cash flow related to repayment of discounted convertible notes
|
- | (188,000) | - | - | - | ||||||||||
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Other non-cash operating activities
|
- | - | - | - | - | ||||||||||
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Accounts receivable
|
(497,000) | (367,000) | (652,000) | (652,000) | - | ||||||||||
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Inventory
|
(1,023,000) | (429,000) | (422,000) | (422,000) | - | ||||||||||
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Inventory and operating lease vehicles
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- | - | - | - | - | ||||||||||
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Operating lease vehicles
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(215,000) | (764,000) | (1,072,000) | (1,072,000) | - | ||||||||||
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Prepaid expenses and other assets
|
(82,000) | (288,000) | (251,000) | (251,000) | - | ||||||||||
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Other assets
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(207,000) | 115,000 | (344,000) | (344,000) | - | ||||||||||
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Accounts payable
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- | - | - | - | - | ||||||||||
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Accounts payable and accrued liabilities
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1,723,000 | 682,000 | 2,102,000 | 2,102,000 | - | ||||||||||
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Accrued liabilities
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- | - | - | - | - | ||||||||||
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Deferred development compensation
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- | - | - | - | - | ||||||||||
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Resale value guarantee
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(111,000) | (150,000) | - | - | - | ||||||||||
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Operating lease assets
|
- | - | - | - | - | ||||||||||
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Deferred revenue
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406,000 | 801,000 | 321,000 | 321,000 | - | ||||||||||
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Customer funds
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(96,000) | (58,000) | - | - | - | ||||||||||
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Customer deposits
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- | (58,000) | 7,000 | 7,000 | - | ||||||||||
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Reservation payments
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- | - | - | - | - | ||||||||||
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MyPower customer notes receivable and other assets
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- | - | - | - | - | ||||||||||
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Other liabilities
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160,000 | 109,000 | 495,000 | 495,000 | - | ||||||||||
| Net cash provided by (used in) operating activities | $2,098,000 | $2,405,000 | $5,943,000 | $5,943,000 | - |
Selected Year:
31-Dec
2020
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
3.8% -
Receipt of government grants
SOURCEs
96.2%
3.8%
100 %
0%
USES
0.0%
97.0%
97.0% -
(Purchase) sale of property and equipment
2.3% -
Purchases of solar energy systems
0.4% -
Business combinations net of cash
0.3% -
Purchases of intangible assets
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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(Increase) decrease in restricted cash and deposits
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- | - | - | - | - | ||||||||||
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(Increase) decrease in other restricted cash
|
- | - | - | - | - | ||||||||||
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Withdrawals of restricted cash out of (transfers into) our dedicated Department of Energy account net
Withdrawals of restricted cash out of (transfers into) our dedicated Department of Energy account net
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- | - | - | - | - | ||||||||||
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Purchases of marketable securities
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- | - | - | - | - | ||||||||||
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Maturities of marketable securities
|
- | - | - | - | - | ||||||||||
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(Purchase) sale of property and equipment
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(2,101,000) | (1,327,000) | (3,157,000) | (3,157,000) | - | ||||||||||
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Purchase of solar energy systems for leasing
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- | - | - | - | - | ||||||||||
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Purchases of solar energy systems
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(218,000) | (105,000) | (75,000) | (75,000) | - | ||||||||||
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Payments for acquisition of Fremont manufacturing facility
Payments for acquisition of Fremont manufacturing facility
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- | - | - | - | - | ||||||||||
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Purchases of intangible assets
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- | (5,000) | (10,000) | (10,000) | - | ||||||||||
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Acquisition of business net of cash
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- | - | - | - | - | ||||||||||
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Business combinations net of cash
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(18,000) | (45,000) | (13,000) | (13,000) | - | ||||||||||
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Receipt of government grants
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- | 46,000 | 123,000 | 123,000 | - | ||||||||||
| Net cash provided by (used in) investing activities | ($2,337,000) | ($1,436,000) | ($3,132,000) | ($3,132,000) | - |
Selected Year:
31-Dec
2020
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
54.7% -
Public equity offering
43.3% -
Issuance of convertible and other debt
1.9% -
Proceeds from issuance of common stock upon exercise of stock options
0.1% -
Investment from non-controlling interests in subsidiaries
SOURCEs
43.3%
54.7%
100 %
0%
USES
44.5%
51.8%
51.8% -
Repayment of convertible and other debt
1.5% -
Repayment of finance leases
1.1% -
Repayment of borrowing against collaterilized leased equipment
0.9% -
Cash distributions to non-controlling interests in subsidiaries
0.2% -
Acquisition (buy-out) of non-controlling interests in subsidiaries
0.0% -
Debt issuance costs
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Initial Public Offering (IPO) net
|
- | - | - | - | - | ||||||||||
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Public equity offering
|
- | 848,000 | 12,269,000 | 12,269,000 | - | ||||||||||
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Issuance of common stock in private offering (placement)
Issuance of common stock in private offering (placement)
|
- | - | - | - | - | ||||||||||
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Issuance of common stock in Toyota private offering (placement)
Issuance of common stock in Toyota private offering (placement)
|
- | - | - | - | - | ||||||||||
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Issuance of common stock in Panasonic private offering (placement)
Issuance of common stock in Panasonic private offering (placement)
|
- | - | - | - | - | ||||||||||
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Issuance of convertible preferred stock - Series E
|
- | - | - | - | - | ||||||||||
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Issuance of convertible preferred stock - Series F
|
- | - | - | - | - | ||||||||||
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Issuance of equity from exercise of stock options
|
- | - | - | - | - | ||||||||||
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Proceeds from issuance of common stock upon exercise of stock options
Proceeds from issuance of common stock upon exercise of stock options
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296,000 | 263,000 | 417,000 | 417,000 | - | ||||||||||
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Proceeds from issuance of warrants
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- | 174,000 | - | - | - | ||||||||||
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Common stock and debt issuance costs
|
(15,000) | (37,000) | - | - | - | ||||||||||
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Common stock and convertible debt issuance costs
|
- | - | - | - | - | ||||||||||
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Deferred common stock and debt issuance costs
|
- | - | - | - | - | ||||||||||
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(Repayment) of US Department of Energy loans
|
- | - | - | - | - | ||||||||||
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Borrowing from US Department of Energy
|
- | - | - | - | - | ||||||||||
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Repayment of solar bonds issued to related parties
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- | - | - | - | - | ||||||||||
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Issuance of convertible debt
|
- | - | - | - | - | ||||||||||
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Issuance of convertible and other debt
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6,176,000 | 10,669,000 | 9,713,000 | 9,713,000 | - | ||||||||||
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Repayment of convertible and other debt
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(5,247,000) | (9,161,000) | (11,623,000) | (11,623,000) | - | ||||||||||
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Issuance of convertible notes and warrants
|
- | - | - | - | - | ||||||||||
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Long-term borrowing
|
- | - | - | - | - | ||||||||||
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Repayment of long-term borrowing
|
- | - | - | - | - | ||||||||||
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Borrowing against collaterilized leased equipment
|
- | - | - | - | - | ||||||||||
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(Repayment of) borrowing against collaterilized leased equipment
(Repayment of) borrowing against collaterilized leased equipment
|
- | - | - | - | - | ||||||||||
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Repayment of borrowing against collaterilized leased equipment
Repayment of borrowing against collaterilized leased equipment
|
(559,000) | (389,000) | (240,000) | (240,000) | - | ||||||||||
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Repayment of finance leases
|
(181,000) | (321,000) | (338,000) | (338,000) | - | ||||||||||
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Repayment of debt and capital leases
|
- | - | - | - | - | ||||||||||
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Repayments of capital leases
|
- | - | - | - | - | ||||||||||
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Repayment of borrowing issued to related parties
|
(100,000) | - | - | - | - | ||||||||||
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Debt issuance costs
|
- | (37,000) | (6,000) | (6,000) | - | ||||||||||
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Acquisition (buy-out) of non-controlling interests in subsidiaries
Acquisition (buy-out) of non-controlling interests in subsidiaries
|
(6,000) | (9,000) | (35,000) | (35,000) | - | ||||||||||
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Investment from non-controlling interests in subsidiaries
Investment from non-controlling interests in subsidiaries
|
437,000 | 279,000 | 24,000 | 24,000 | - | ||||||||||
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Excess tax benefit from stock-based compensation
|
- | - | - | - | - | ||||||||||
|
Cash distributions to non-controlling interests in subsidiaries
Cash distributions to non-controlling interests in subsidiaries
|
(227,000) | (311,000) | (208,000) | (208,000) | - | ||||||||||
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Payments for settlement of warrants
|
- | - | - | - | - | ||||||||||
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Proceeds from settlement of convertible note hedges
|
- | - | - | - | - | ||||||||||
|
Purchase of convertible note hedges
|
- | (476,000) | - | - | - | ||||||||||
| Net cash provided by (used in) financing activities | $574,000 | $1,529,000 | $9,973,000 | $9,973,000 | - |
Selected Year:
31-Dec
2020
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$13,118,000,000
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents - Beginning of period | $3,965,000 | $4,277,000 | $6,783,000 | - | - | ||||||||||
| Effect of changes in foreign exchange rates on cash | (23,000) | 8,000 | 334,000 | - | - | ||||||||||
| (Decrease) increase in cash and cash equivalents | 312,000 | 2,506,000 | 13,118,000 | - | - | ||||||||||
| Cash and equivalents - End of period | $4,277,000 | $6,783,000 | $19,901,000 | - | - |