Cost of automotive sales revenues also includes adjustments to warranty expense and charges to write down the carrying value of our inventory when it exceeds its estimated net realizable value and to provide for obsolete and on-hand inventory in excess of forecasted demand. CERTAIN TERMS When used in this update, certain terms have the following meanings. Solarglass Roof installation Energy storage deployed (in MWh) 9, O U T L O O K Volume Production ramp of Model Y in Fremont has begun, ahead of schedule. The Tesla and non-Tesla vehicles we acquire through trade-ins are subsequently remarketed, either directly by us or through third-parties. Our finished vehicle inventory levels reached just 11 days of sales(1) at the end of Q4, the lowest level in the past 4 years. Battery & Powertrain Due to continued engineering progress of the Model Y all-wheel drive (AWD), we have been able to increase its maximum EPA range to 315 miles, compared to our previous estimate of 280 miles. 5 * Revenue on leased vehicles is recognized on monthly lease payments, and thus contribute less to total revenues in the quarter of delivery than sold vehicles, In Q4, the annualized total vehicle production rate in Fremont was just over 415,000 units, about the same rate as the factory under NUMMI reached in its peak year of 2006. 0001564590-19-003165 | 10-K | Tesla, Inc. 0001564590-17-003084 | 10-K | Tesla, Inc. Tesla’s mission is to accelerate the world’s transition to sustainable energy. Since the introduction of this product, the level of interest and orders from various global project developers and utilities has surpassed our expectations. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Please consult your personal tax advisor for assistance as to how this information will impact your specific tax situation. XBRL. Q4-2018 Q1-2019 Q2-2019 Q3-2019 Q4-2019 QoQ YoY Model S/X production 25,161 14,163 14,517 16,318 17,933 10% -29% Model 3 production 61,394 62,975 72,531 79,837 86,958 9% 42% Model S/X deliveries 27,607 12,091 17,722 17,483 19,475 11% -29% of which subject to lease accounting 3,639 1,363 1,820 2,588 2,807 8% -23% Model 3 deliveries 63,359 50,928 77,634 79,703 92,620 16% 46% of which subject to lease accounting — — 4,322 6,498 6,041 -7% Global inventory (days of sales)(1) 19 30 18 17 11 -35% -42% Solar deployed (MW) 73 47 29 43 54 26% -26% Storage deployed (MWh) 225 229 415 477 530 11% 136% Store and Service locations 378 377 402 413 429 4% 13% Mobile service fleet 411 550 651 719 743 3% 81% Supercharger stations 1,421 1,490 1,587 1,653 1,821 10% 28% Supercharger connectors 12,002 12,767 13,881 14,658 16,104 10% 34% 1 The industry reference for days of sales is calculated by dividing new car inventory by the trailing four quarters of deliveries and using 261 working days (source: Automotive News). None of this would be possible without strong demand for our products. EX-101.DEF - XBRL TAXONOMY EXTENSION DEFINITION LINKBASE. View HTML. Today, Tesla builds not only all-electric vehicles but also infinitely scalable clean energy generation and storage products. Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in … Tesla's mission is to accelerate the world's transition to sustainable energy. Tesla, Inc. (TSLA) 10-K Annual Report Thu Feb 13 2020. Home. 0001564590-20-019931 | 10-Q | Tesla, Inc. Download DOC. The rest of the Model 3 manufacturing processes are running as expected. Back. Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q. We are currently validating this functionality before releasing to customers, and we look forward to its gradual deployment. 8937 SolarCity Corporation Transaction We continue to believe our business has grown to the point of being self-funding. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. This extends Model Y's lead as the most energy-efficient electric SUV in the world. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Revenue growth was offset by higher lease mix*, Model 3 becoming a larger part of our mix, introduction of the Standard Range trims of Model 3, and adjustments to vehicle pricing. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Understanding the environment around a Tesla is key to enabling our cars to react to traffic lights and stop signs and take intersections through city streets. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Get the annual and quarterly balance sheet of Tesla, Inc. (TSLA) including details of assets, liabilities and shareholders' equity. Aug 28, 2020. As customers are increasingly buying their Tesla vehicles online, vehicle deliveries grew 50% while our retail footprint remained unchanged with a stable total store count across 2019. Skip to main navigation Tesla disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events, or otherwise. These production increases will allow for higher total vehicle deliveries and associated revenue. We are planning to produce limited volumes of Tesla Semi this year. EX-101.LAB - XBRL TAXONOMY … ASC 810 requires a variable interest holder to consolidate a VIE if that party has the power to direct the activities of the VIE that most significantly impact the VIE's economic performance and the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. Management believes that it is useful to supplement its GAAP financial statements with this non-GAAP information because management uses such information internally for its operating, budgeting and financial planning purposes. Software will continue to play a growing role in our business model. We achieved strong cash generation through persistent cost control across the business. what it owes to others), and equity (i.e. Together with Model 3, our combined installed production capacity for these vehicles is now 400,000 units per year. We expect positive quarterly free cash flow going forward, with possible temporary exceptions, particularly around the launch and ramp of new products. While we saw an increase in operating expenses in Q4 (driven mostly by $72M of non-cash SBC expense related to one more 2018 CEO award operational milestone becoming probable), higher gross profit resulted in a 72bp sequential improvement of GAAP operating margin to 4.9% in Q4. Copyright © FactSet Research Systems Inc. All rights reserved. We continue to build out our global Supercharger network for our customers’ convenience, including to enable long-distance travel and … Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. Download XLS. We will start delivering Model Y vehicles by the end of Q1 2020. Tesla, Inc. Issuer. Get the detailed quarterly/annual income statement for Tesla, Inc. (TSLA). Tesla, Inc. Filing Formats. Tesla vehicles can recharge on a variety of AC electrical sources, from a common outlet to a high power circuit of up to 22kW, which provides faster recharging. We also receive used Tesla vehicles to resell through lease returns and other sources. In Q4, we deployed 54 MW of solar, 26% more than in the prior quarter. As a result, we were able to start Model 3 production in Gigafactory Shanghai in less than 10 months from breaking ground and have already begun the production ramp for Model Y in Fremont. NON-GAAP FINANCIAL INFORMATION Consolidated financial information has been presented in accordance with GAAP as well as on a non-GAAP basis to supplement our consolidated financial results. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. Tesla Inc. annual balance sheet for TSLA company financials. Where offered, subscription solar has grown significantly in Q4. Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news. Due to strong initial customer response in China, our goal is to increase Model 3 capacity even further using existing facilities. Vehicles in both the United States and Europe come with the Tesla Mobile Connector which enables charging from a variety of different outlets. More information on potential factors that could affect our financial results is included from time to time in our Securities and Exchange Commission filings and reports, including the risks identified under the section captioned “Risk Factors” in our quarterly report on Form 10-Q filed with the SEC on October 29, 2019.