Tesla, Inc. (NASDAQ:TSLA) Annual Report 2020



The latest annual report of Tesla, Inc. (TSLA) was published on 31 Dec 2020. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - TSLA Annual Results

Amounts in USD

Total Revenue
31.54B
Gross Profit
6.63B
EBIT
1.95B
Net Tangible Assets
21.7B
Net Income
721M
Capital Expenditures
-3.23B

TSLA Income Statement 2020 Annual Report

As per the latest Income Statement of TSLA, the Net revenue increased by $6.958B (28%) compared to the previous period. The operating income in 2020 increased by $1.871B (2339%). The net income as per the annual report was 721M which increased by $1.583B (184%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue31.54B24.58B
Gross Profit6.63B4.07B
Operating Income1.95B80M
Income Before Tax1.15B-665M
Net Income721M-862M

Balance Sheet - TSLA 2020 Annual Report

Read further: TSLA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Tesla, Inc. showed the company increased the cash on balance sheet by $13.116B (209%). The Net tangible assets of TSLA on the balance sheet were at 21.7B which is $15.624B (257%) more than previous annual report. The total stockholder equity also increased by $15.607B (236%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash19.38B6.27B
Total Assets52.15B 34.31B
Long Term Debt8.57B10.38B
Total Liabilities28.47B 26.2B
Total Shareholder Equity22.23B6.62B
Net Tangible Assets21.7B6.08B

Cash Flow Statement - TSLA 2020 Annual Report

The 2020 annual cash flow statement of Tesla, Inc. showed that the net income increased by $1.583B (184%) compared to previous reporting period. Also the capital expenditure of TSLA decreased by $-1.8B (-126%).

As of 2020, the total cash from investing activities was -3.13B and total cash from financing activities was 9.97B.

Cash Flow Statement Report (2020/2019)

20202019
Net Income721M-862M
Capital Expenditures-3.23B-1.43B
Dividends Paid--
Total Cash From From Investing Activities-3.13B-1.44B
Total Cash From From Financing Activities9.97B1.53B

Tesla, Inc. Annual Report History

Income Statement

Income Statement history of Tesla, Inc. (NASDAQ:TSLA)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue31.54B24.58B21.46B11.76B
Cost Of Revenue24.91B20.51B17.42B9.54B
Gross Profit6.63B4.07B4.04B2.22B
Research Development1.49B1.34B1.46B1.38B
Selling General Administrative3.19B2.65B2.83B2.48B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses29.59B24.5B21.71B13.39B
Operating Income1.95B80M-253M-1.63B
Total Other Income Expense Net-797M-745M-752M-577M
Ebit1.95B80M-253M-1.63B
Interest Expense-784M-725M-653M-477M
Income Before Tax1.15B-665M-1B-2.21B
Income Tax Expense292M110M58M32M
Minority Interest1.45B1.49B1.39B1.4B
Net Income From Continuing Ops862M-775M-1.06B-2.24B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income721M-862M-976M-1.96B
Net Income Applicable To Common Shares690M-870M-976M-1.96B

Balance Sheet Statement

Balance Sheet Statement history of Tesla, Inc. (NASDAQ:TSLA)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash19.38B6.27B3.69B3.37B
Net Receivables1.9B1.32B949M515.38M
Inventory4.1B3.55B3.11B2.26B
Other Current Assets238M246M193M155.32M
Total Current Assets26.72B12.1B8.31B6.57B
Property Plant Equipment23.38B20.2B19.69B20.49B
Good Will207M198M68M60.24M
Intangible Assets313M339M282M361.5M
Other Assets1.54B1.47B1.38B1.17B
Total Assets52.15B34.31B29.74B28.66B
Accounts Payable6.05B3.77B3.4B2.39B
Short Long Term Debt1.76B1.4B2.28B963.93M
Other Current Liab4.15B3.69B2.96B3.1B
Long Term Debt8.57B10.38B8.46B9.49B
Other Liab3.3B2.97B2.32B4.2B
Minority Interest1.45B1.49B1.39B1.4B
Total Current Liabilities14.25B10.67B9.99B7.67B
Total Liab28.47B26.2B23.43B23.02B
Common Stock1M1M-169k
Retained Earnings-5.4B-6.08B-5.32B-4.97B
Treasury Stock363M-36M-8M33.35M
Capital Surplus27.26B12.74B10.25B9.18B
Other Stockholder Equity363M-36M-8M33.35M
Total Stockholder Equity22.23B6.62B4.92B4.24B
Net Tangible Assets21.7B6.08B4.57B3.82B

Cash Flow Statement

Cash Flow Statement history of Tesla, Inc. (NASDAQ:TSLA)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income721M-862M-976M-1.96B
Depreciation2.32B2.09B1.89B1.64B
Change To Netincome2.54B1.34B969M671M
Change To Account Receivables-652M-367M-497M-25M
Change To Liabilities2.42B1.45B2.2B857M
Change To Inventory-422M-429M-1.02B-179M
Change To Operating Activities-1.17B-1B-625M-1.15B
Total Cash From Operating Activities5.94B2.4B2.1B-61M
Capital Expenditures-3.23B-1.43B-2.32B-4.08B
Other Cashflows From Investing Activities123M46M46M46M
Total Cashflows From Investing Activities-3.13B-1.44B-2.34B-4.2B
Net Borrowings-2.49B798M89M3.38B
Other Cashflows From Financing Activities-225M-380M189M371M
Total Cash From Financing Activities9.97B1.53B574M4.42B
Effect Of Exchange Rate334M8M-23M40M
Change In Cash13.12B2.51B312M198M
Issuance Of Stock12.69B1.11B296M659M
Dividends Paid----