Tesla, inc. (TSLA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows from Operating Activities
Net income (loss)

-775,000

-1,063,000

-2,241,000

-773,046

-888,663

-294,040

-74,014

-396,213

-254,411

-154,328

-55,740

Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation, amortization and impairment

2,154,000

1,901,000

1,636,000

947,099

422,590

231,931

106,083

28,825

16,919

10,623

6,940

Stock-based compensation

898,000

749,000

467,000

334,225

197,999

156,496

80,737

50,145

29,419

21,156

1,434

Amortization of debt discounts and issuance costs

188,000

159,000

91,000

94,690

78,054

69,734

9,143

-

-

-

-

Amortization of discount on convertible debt

-

-

-

-

-

-

-

-

-

-

2,686

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

74

-

Inventory and purchase commitments write-downs

193,000

85,000

132,000

65,520

44,940

15,609

8,918

4,929

1,828

951

1,353

Loss on disposals of fixed assets

-146,000

-162,000

-106,000

-34,633

-37,723

-14,178

-1,796

-154

-

-8

-385

Foreign currency transaction net loss (gain)

48,000

2,000

-52,000

-

-

-

-

-

-

-

-

Amortization of Department of Energy (DOE) loan origination costs

-

-

-

-

-

-

5,558

-

-

-

-

Change in fair value of DOE warrant liability

-

-

-

-

-

-

10,692

-1,854

-2,750

-5,022

-1,128

Gain on extinguishment of convertible notes and warrants

-

-

-

-

-

-

-

-

-

-

1,468

Other non-cash operating activities

-

-

-

-

-

-

-1,815

-1,406

233

-

-

Foreign currency transaction gains

-

-

-

29,183

-55,765

1,891

13,498

-143

-

-

-

Loss related to SolarCity acquisition

-

-

-58,000

88,727

-

-

-

-

-

-

-

Non-cash interest and other operating activities

-186,000

-49,000

-135,000

15,179

-20,382

-7,471

-

-

-

-

-

Operating cash flow related to repayment of discounted convertible notes

188,000

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of effect of business combinations:
Accounts receivable

367,000

497,000

25,000

216,565

-46,267

183,658

21,705

17,303

2,829

3,222

168

Inventory

429,000

1,023,000

179,000

632,867

369,364

-

-

-

-

-

-

Operating lease vehicles

764,000

215,000

1,523,000

1,832,836

1,204,496

-

-

-

-

-

-

Inventories and operating lease vehicles

-

-

-

-

-

1,050,264

460,561

194,726

13,638

28,513

7,925

Prepaid expenses and other current assets

288,000

82,000

72,000

-56,806

29,595

60,637

17,533

-1,121

248

4,977

2,042

Other non-current assets

-115,000

207,000

15,000

-

-

-

-

-

-

-

-

Other assets and MyPower customer notes receivable

-

-

-

49,353

24,362

-

-

-

-

-

-

Other assets

-

-

-

-

-

4,493

434

482

288

463

445

Accounts payable and accrued liabilities

682,000

1,723,000

388,000

750,640

263,345

414,856

87,413

-

-

-

-

Deferred revenue

801,000

406,000

469,000

382,962

322,203

209,681

268,098

-526

-1,927

4,801

-1,456

Customer deposits

-58,000

-96,000

170,000

388,361

36,721

106,230

24,354

47,056

61,006

4,707

-21,971

Accounts payable

-

-

-

-

-

-

-

189,944

19,891

-212

902

Accrued liabilities

-

-

-

-

-

-

-

9,603

10,620

13,345

3,387

Deferred development compensation

-

-

-

-

-

-

-

-

-

-156

-10,017

Resale value guarantee

-150,000

-111,000

209,000

326,934

442,295

249,492

236,299

-

-

-

-

Other long-term liabilities

109,000

160,000

81,000

132,057

23,697

61,968

33,027

10,255

2,641

3,515

2,192

Net cash used in operating activities

2,405,000

2,098,000

-61,000

-123,829

-524,499

-57,337

264,804

-263,815

-128,034

-127,817

-80,825

Cash Flows from Investing Activities
Payments related to acquisition of Fremont manufacturing facility and related assets

-

-

-

-

-

-

-

-

-

65,210

-

Purchases of property and equipment excluding finance leases, net of sales

1,327,000

2,101,000

3,415,000

1,280,802

1,634,850

969,885

264,224

239,228

184,226

40,203

11,884

Purchases of solar energy systems

105,000

218,000

666,000

159,669

-

-

-

-

-

-

-

Purchase of intangible assets

5,000

-

-

-

-

-

-

-

-

-

-

Receipt of government grants

46,000

-

-

-

-

-

-

-

-

-

-

Purchases of short-term investments and marketable securities

-

-

-

-

-

205,841

-

14,992

64,952

-

-

Maturities of short-term marketable securities

-

-

-

16,667

-

189,131

-

40,000

40,000

-

-

Withdrawals out of our dedicated DOE account, net

-

-

-

-

-

-

-14,752

-8,620

-50,121

73,597

-

Increases in restricted cash

-

-

-

-

26,441

3,849

-55

1,330

3,201

1,287

2,360

Business combinations, net of cash acquired

45,000

18,000

115,000

-342,719

12,260

-

-

-

-

-

-

Net cash used in investing activities

-1,436,000

-2,337,000

-4,196,000

-1,081,085

-1,673,551

-990,444

-249,417

-206,930

-162,258

-180,297

-14,244

Cash Flows from Financing Activities
Proceeds from issuances of common stock in public offerings, net of issuance costs

848,000

-

400,000

1,701,734

730,000

-

360,000

221,496

172,410

188,842

-

Proceeds from issuances of convertible and other debt

10,669,000

6,176,000

7,138,000

2,852,964

318,972

2,300,000

660,000

-

-

-

-

Repayments of convertible and other debt

9,161,000

5,247,000

3,996,000

1,857,594

-

-

-

-

-

-

-

Repayments of borrowings issued to related parties

-

100,000

165,000

-

-

-

-

-

-

-

-

Collateralized lease repayments

-389,000

-559,000

511,000

769,709

568,745

3,271

-

-

-

-

-

Proceeds from issuance of convertible notes and warrants

-

-

-

-

-

-

-

-

-

-

25,468

Proceeds from exercises of stock options and other stock issuances

263,000

296,000

259,000

163,817

106,611

100,455

95,307

24,885

10,525

1,350

497

Principal payments on finance leases

321,000

181,000

103,000

-46,889

-203,780

-11,179

-8,425

-2,832

-416

-315

-322

Common stock and debt issuance costs

37,000

15,000

63,000

20,042

17,025

35,149

16,901

-

-

-

-

Purchase of convertible note hedges

476,000

-

204,000

-

-

603,428

177,540

-

-

-

-

Proceeds from settlement of convertible note hedges

-

-

287,000

-

-

-

-

-

-

-

-

Principal payments on DOE loans

-

-

-

-

-

-

452,337

12,710

-

-

-

Proceeds from issuance of warrants

174,000

-

53,000

-

-

389,160

120,318

-

-

-

-

Proceeds from issuance of common stock in private placement

-

-

-

-

20,000

-

55,000

-

59,058

80,000

-

Payments for settlements of warrants

-

-

230,000

-

-

-

-

-

-

-

-

Proceeds from investments by noncontrolling interests in subsidiaries

279,000

437,000

790,000

201,527

-

-

-

-

-

-

-

Distributions paid to noncontrolling interests in subsidiaries

311,000

227,000

262,000

21,250

-

-

-

-

-

-

-

Payments for buy-outs of noncontrolling interests in subsidiaries

9,000

6,000

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

74

-

Deferred common stock and loan facility issuance costs

-

-

-

-

-

-

-

-

-

3,734

2,046

Proceeds from DOE loans

-

-

-

-

-

-

-

188,796

204,423

71,828

-

Net cash provided by (used in) financing activities

1,529,000

574,000

4,415,000

3,743,976

1,523,523

2,143,130

635,422

419,635

446,000

338,045

155,419

Effect of exchange rate changes on cash and cash equivalents and restricted cash

8,000

-23,000

40,000

-6,553

-34,278

-35,525

-6,810

-2,266

-

-

-

Net increase (decrease) in cash and cash equivalents and restricted cash

2,506,000

312,000

198,000

2,532,509

-708,805

1,059,824

643,999

-53,376

155,708

29,931

60,350

Supplemental Non-Cash Investing and Financing Activities
Equity issued in connection with business combination

207,000

-

-

-

-

-

-

-

-

-

-

Shares issued in connection with business combinations and assumed vested awards

-

-

-

2,145,977

-

-

-

-

-

-

-

Conversion of preferred stock to common stock

-

-

-

-

-

-

-

-

-

319,225

-

Issuance of common stock upon net exercise of warrants

-

-

-

-

-

-

-

-

-

6,962

-

Issuance of convertible preferred stock warrant

-

-

-

-

-

-

-

-

-

6,294

-

Issuance of common stock warrant

-

-

-

-

-

-

-

-

-

1,701

-

Conversion of notes payable to Series E convertible preferred stock

-

-

-

-

-

-

-

-

-

-

86,225

Exchange of convertible notes payable

-

-

-

-

-

-

-

-

-

-

19,073

Exchange of accrued interest for convertible notes payable

-

-

-

-

-

-

-

-

-

-

1,791

Acquisitions of property and equipment included in liabilities

562,000

249,000

914,000

663,771

267,334

254,393

38,789

44,890

15,592

4,482

183

Estimated fair value of facilities under build-to-suit leases

-

94,000

313,000

307,879

174,749

50,076

-

-

-

-

-

Supplemental Disclosures
Cash paid during the period for interest, net of amounts capitalized

455,000

381,000

183,000

38,693

32,060

20,539

9,041

6,938

3,472

1,138

70

Cash paid during the period for taxes, net of refunds

54,000

35,000

66,000

16,385

9,461

3,120

257

117

282

9

171