Tesla, Inc. TSLA Cash Flow

Tesla, inc. (TSLA)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows from Operating Activities
Net income (loss)
-39	-775	-697	-592	-946	-1,063	-2,044	-2,969	-2,628	-2,241	-1,689	-996	-887	-773	-873	-1,125	-1,016	-888	-675	-520	-398	-294	-202	-166	-135	-74	-147	-219	-295	-396	-387	-342	-295	-254	0	0	0
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation, amortization and impairment
2,239	2,154	2,074	2,045	1,952	1,901	1,873	1,771	1,675	1,636	1,493	1,373	1,167	947	763	593	501	422	346	301	264	231	201	165	132	106	81	60	42	28	20	17	17	16	0	0	0
Stock-based compensation
901	898	822	828	815	749	678	586	504	467	420	397	348	334	302	268	244	197	186	170	162	156	137	118	102	80	69	61	54	50	44	39	34	29	0	0	0
Amortization of debt discounts and issuance costs
194	188	176	166	159	159	151	98	98	91	85	120	105	94	96	86	80	78	65	71	79	69	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Inventory and purchase commitments write-downs
157	193	192	154	147	85	93	106	123	132	113	107	79	65	71	58	52	44	24	27	19	15	16	7	8	8	7	6	3	4	4	4	4	1	0	0	0
Loss on disposals of fixed assets
-135	-146	-98	-91	-127	-162	-179	-171	-117	-106	-82	-76	-49	-34	-41	-44	-61	-37	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency transaction net loss (gain)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of DOE warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	9	8	8	-1	-1	-0	-1	-2	0	0	0
Discounts and premiums on short-term marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	0
Other non-cash operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-7	-5	-4	-1	-1	0	-0	-1	1	-0	0	0	0	0	0
Foreign currency transaction gains
-	-	-	-	-	-	0	0	-94	-	3	-8	14	29	-30	-30	-18	-55	-36	-15	-27	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss related to SolarCity acquisition
-	-	-	-	-	-	-	-	-	-58	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest and other operating activities
-128	-186	-216	-202	-168	-49	-47	-86	-137	-135	-78	-22	28	15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating cash flow related to repayment of discounted convertible notes
-	188	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of effect of business combinations:
Accounts receivable
281	367	-39	566	427	497	605	200	285	25	211	138	-34	216	142	17	115	-46	-3	72	157	183	110	-17	26	21	38	102	32	17	-9	-12	-6	2	0	0	0
Inventory
601	429	397	319	1,509	1,023	871	840	376	179	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease vehicles
974	764	493	204	104	215	628	981	1,161	1,523	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories and operating lease vehicles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,779	-	1,468	1,298	1,158	1,050	774	789	677	460	449	305	170	194	106	19	12	13	0	0	0
Prepaid expenses and other current assets
396	288	287	125	77	82	-20	54	46	72	101	75	9	-56	-41	6	-4	29	67	39	92	60	37	38	26	17	9	5	3	-1	-2	-2	-3	0	0	0	0
Other non-current assets
-127	-115	99	105	121	207	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and MyPower customer notes receivable
-	-	-	-	-	-	-	-	-	-	29	15	34	49	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	12	10	4	6	1	0	0	0	0	0	0	0	-0	-0	0	0	0	0
Accounts payable and accrued liabilities
458	682	237	863	1,364	1,723	1,845	1,284	703	388	223	550	692	750	871	415	276	263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
536	801	747	775	678	406	423	367	410	469	455	426	397	382	392	370	361	322	253	225	210	209	220	276	314	268	189	92	3	-0	-0	-0	-1	-1	0	0	0
Customer deposits
55	-58	-220	-299	-188	-96	176	283	288	170	-16	-81	236	388	425	415	140	36	55	60	68	106	93	93	67	24	2	1	17	47	73	80	73	61	0	0	0
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	142	178	222	189	53	-4	4	19	0	0	0
Accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	45	21	9	9	10	15	11	10	0	0	0
Resale value guarantee
-	-	-	-	-	-	-	-	-	209	145	249	360	326	514	552	530	442	337	283	257	249	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
106	109	257	292	206	160	78	3	-36	81	163	126	173	132	27	60	-2	23	57	70	90	61	48	35	36	33	35	27	19	10	3	2	2	2	0	0	0
Net cash used in operating activities
2,605	2,405	2,215	2,850	1,856	2,098	1,372	-319	-389	-61	-1,018	-294	55	-123	294	-332	-642	-524	-581	-405	-247	-57	163	293	259	264	95	-107	-136	-263	-269	-189	-148	-128	0	0	0
Cash Flows from Investing Activities
Purchases of property and equipment excluding finance leases, net of sales
1,502	1,327	1,240	1,365	1,725	2,101	2,562	3,168	3,518	3,415	3,149	2,280	1,616	1,280	1,170	1,315	1,425	1,634	1,592	1,484	1,254	969	690	483	347	264	238	224	242	239	215	222	218	184	0	0	0
Purchases of solar energy systems, net of sales
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of solar energy systems
-	-	-	-	-	218	307	387	519	666	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipt of government grants
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of short-term investments and marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	205	0	0	0	-	-	-	-	14	0	0	0	-	-	-	-
Maturities of short-term marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	0	0	0	-	-	-	0
Withdrawals out of our dedicated DOE account, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-14	-15	-19	-8	-40	-120	-8	-50	0	0	0
Increases in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	82	73	37	26	26	17	11	3	0	-2	-3	-0	-3	-0	3	1	6	5	3	3	0	0	0
Business combinations, net of cash acquired
-	45	0	0	0	-	-	-	-	115	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-1,610	-1,436	-1,398	-1,472	-1,914	-2,337	-2,883	-3,567	-4,042	-4,196	-3,543	-2,567	-1,728	-1,081	-1,235	-1,372	-1,475	-1,673	-1,631	-1,519	-1,093	-990	-707	-493	-523	-249	-220	-207	-195	-206	-117	-231	-238	-162	0	0	0
Cash Flows from Financing Activities
Proceeds from issuances of common stock in public offerings, net of issuance costs
0	-	-	-	-	-	-	-	-	400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuances of convertible and other debt
11,977	10,669	9,348	8,140	5,894	6,176	5,683	7,772	7,075	7,138	6,568	4,153	4,261	2,852	1,820	1,258	671	318	183	168	377	2,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of convertible and other debt
9,509	9,161	7,737	6,678	5,827	5,247	4,664	4,852	4,694	3,996	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings issued to related parties
-	-	-	-	-	100	100	17	92	165	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Collateralized lease repayments
-352	-389	-518	-577	-605	-559	-248	-25	237	511	628	720	714	769	766	756	732	568	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercises of stock options and other stock issuances
345	263	243	266	279	296	239	225	295	259	249	212	168	163	166	158	124	106	104	106	99	100	103	93	113	95	89	69	33	24	20	15	15	10	0	0	0
Principal payments on finance leases
354	321	298	275	229	181	278	188	140	103	-85	-65	-57	-46	-161	-208	-208	-203	-75	-19	-12	-11	-10	-10	3	-8	-7	-5	-16	-2	0	0	0	-	-	-	-
Debt issuance costs
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock and debt issuance costs
-	-	-	-	-	15	17	52	54	63	52	17	30	20	18	27	17	17	16	5	5	35	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of convertible note hedges
-	-	-	-	-	-	-	-	-	204	0	0	0	-	-	-	-	-	-	-	-	603	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of warrants
-	-	-	-	-	-	-	-	-	53	0	0	0	-	-	-	-	-	-	-	-	389	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from investments by noncontrolling interests in subsidiaries
251	279	224	272	410	437	464	459	721	790	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid to noncontrolling interests in subsidiaries
293	311	259	266	259	227	250	247	251	262	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for buy-outs of noncontrolling interests in subsidiaries
-	9	11	10	11	6	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from DOE loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	188	240	297	258	204	0	0	0
Principal payments on capital leases and other debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash provided by (used in) financing activities
4,890	1,529	1,496	1,293	-450	574	971	3,157	3,187	4,415	5,501	3,079	4,627	3,743	2,596	3,811	2,052	1,523	1,309	449	512	2,143	2,142	2,132	2,448	635	839	855	330	419	258	312	504	446	0	0	0
Effect of exchange rate changes on cash and cash equivalents and restricted cash
-21	8	-10	-5	-28	-23	-14	-0	38	40	15	11	-7	-6	3	-10	-3	-34	-41	-49	-55	-35	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents and restricted cash
5,864	2,506	2,303	2,665	-536	312	-553	-729	-1,206	198	955	228	2,946	2,532	1,658	2,095	-68	-708	-962	-1,524	-883	1,059	1,590	1,925	2,179	643	712	538	-4	-53	-127	-108	117	155	0	0	0
Supplemental Non-Cash Investing and Financing Activities
Acquisitions of property and equipment included in liabilities
857	562	318	200	82	249	198	227	546	914	1,225	1,360	1,082	663	412	326	267	267	377	456	453	254	204	82	45	38	33	35	46	44	51	38	41	15	0	0	0
Leased assets obtained in exchange for finance lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leased assets obtained in exchange for operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Estimated fair value of facilities under build-to-suit leases
-	-	-	-	-	94	201	201	303	313	244	308	334	307	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-