2021 Q1 Form 10-Q Financial Statement

#000095017021000046 Filed on April 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $10.39B $5.985B
YoY Change 73.58% 31.8%
Cost Of Revenue $8.174B $4.751B
YoY Change 72.05% 19.52%
Gross Profit $2.215B $1.234B
YoY Change 79.5% 118.02%
Gross Profit Margin 21.32% 20.62%
Selling, General & Admin $1.056B $627.0M
YoY Change 68.42% -10.93%
% of Gross Profit 47.67% 50.81%
Research & Development $666.0M $324.0M
YoY Change 105.56% -4.75%
% of Gross Profit 30.07% 26.26%
Depreciation & Amortization $424.0M $371.0M
YoY Change 14.29% 24.08%
% of Gross Profit 19.14% 30.06%
Operating Expenses $1.621B $951.0M
YoY Change 70.45% -12.56%
Operating Profit $594.0M $283.0M
YoY Change 109.89% -154.21%
Interest Expense $99.00M $169.0M
YoY Change -41.42% 6.96%
% of Operating Profit 16.67% 59.72%
Other Income/Expense, Net $28.00M -$54.00M
YoY Change -151.85% -307.69%
Pretax Income $533.0M $70.00M
YoY Change 661.43% -110.85%
Income Tax $69.00M $2.000M
% Of Pretax Income 12.95% 2.86%
Net Earnings $438.0M $16.00M
YoY Change 2637.5% -102.28%
Net Earnings / Revenue 4.22% 0.27%
Basic Earnings Per Share $0.46 $0.02
Diluted Earnings Per Share $0.39 $0.02
COMMON SHARES
Basic Shares Outstanding 961.0M 915.0M
Diluted Shares Outstanding 1.133B 994.0M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.14B $8.080B
YoY Change 112.14% 267.61%
Cash & Equivalents $17.14B $8.080B
Short-Term Investments
Other Short-Term Assets $1.542B $1.045B
YoY Change 47.56% 75.34%
Inventory $4.132B $4.494B
Prepaid Expenses
Receivables $1.890B $1.274B
Other Receivables $0.00 $0.00
Total Short-Term Assets $24.71B $14.89B
YoY Change 65.88% 93.97%
LONG-TERM ASSETS
Property, Plant & Equipment $12.70B $20.47B
YoY Change -37.94% 5.95%
Goodwill $206.0M
YoY Change
Intangibles $299.0M $323.0M
YoY Change -7.43%
Long-Term Investments $1.331B
YoY Change
Other Assets $1.587B $1.373B
YoY Change 15.59% 18.77%
Total Long-Term Assets $28.27B $22.36B
YoY Change 26.43% 5.28%
TOTAL ASSETS
Total Short-Term Assets $24.71B $14.89B
Total Long-Term Assets $28.27B $22.36B
Total Assets $52.97B $37.25B
YoY Change 42.21% 28.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.648B $3.970B
YoY Change 67.46% 22.19%
Accrued Expenses $2.972B $2.040B
YoY Change 45.69% -10.41%
Deferred Revenue $1.592B
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.819B $3.217B
YoY Change -43.46% 88.57%
Total Short-Term Liabilities $14.88B $11.99B
YoY Change 24.12% 29.68%
LONG-TERM LIABILITIES
Long-Term Debt $9.053B $10.73B
YoY Change -15.6% 9.58%
Other Long-Term Liabilities $3.283B $2.667B
YoY Change 23.1% 7.75%
Total Long-Term Liabilities $3.283B $2.667B
YoY Change 23.1% 7.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.88B $11.99B
Total Long-Term Liabilities $3.283B $2.667B
Total Liabilities $28.51B $28.08B
YoY Change 1.53% 22.74%
SHAREHOLDERS EQUITY
Retained Earnings -$5.188B
YoY Change
Common Stock $27.62B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $23.02B $9.173B
YoY Change
Total Liabilities & Shareholders Equity $52.97B $37.25B
YoY Change 42.21% 28.84%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $438.0M $16.00M
YoY Change 2637.5% -102.28%
Depreciation, Depletion And Amortization $424.0M $371.0M
YoY Change 14.29% 24.08%
Cash From Operating Activities $1.641B -$440.0M
YoY Change -472.95% -31.25%
INVESTING ACTIVITIES
Capital Expenditures $1.348B $455.0M
YoY Change 196.26% 62.5%
Acquisitions
YoY Change
Other Investing Activities $278.0M $1.000M
YoY Change 27700.0% -200.0%
Cash From Investing Activities -$2.582B -$480.0M
YoY Change 437.92% 56.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $2.309B
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.016B 2.708B
YoY Change -137.52% -514.7%
NET CHANGE
Cash From Operating Activities 1.641B -440.0M
Cash From Investing Activities -2.582B -480.0M
Cash From Financing Activities -1.016B 2.708B
Net Change In Cash -2.178B 1.764B
YoY Change -223.47% -210.66%
FREE CASH FLOW
Cash From Operating Activities $1.641B -$440.0M
Capital Expenditures $1.348B $455.0M
Free Cash Flow $293.0M -$895.0M
YoY Change -132.74% -2.72%

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CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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CY2021Q1 us-gaap Increase Decrease In Inventories
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CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-981000000
CY2021Q1 tsla Increase Decrease In Operating Lease Vehicles
IncreaseDecreaseInOperatingLeaseVehicles
-426000000
CY2020Q1 tsla Increase Decrease In Operating Lease Vehicles
IncreaseDecreaseInOperatingLeaseVehicles
-197000000
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-168000000
CY2020Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
40000000
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
672000000
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-265000000
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
162000000
CY2020Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
53000000
CY2021Q1 tsla Increase Decrease In Contract With Customer Liability Customer Deposits
IncreaseDecreaseInContractWithCustomerLiabilityCustomerDeposits
-2000000
CY2020Q1 tsla Increase Decrease In Contract With Customer Liability Customer Deposits
IncreaseDecreaseInContractWithCustomerLiabilityCustomerDeposits
88000000
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
23000000
CY2020Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-17000000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1641000000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-440000000
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1348000000
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
455000000
CY2021Q1 tsla Payments For Solar Energy Systems Net Of Sales
PaymentsForSolarEnergySystemsNetOfSales
-12000000
CY2020Q1 tsla Payments For Solar Energy Systems Net Of Sales
PaymentsForSolarEnergySystemsNetOfSales
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CY2021Q1 tsla Purchase Of Digital Assets
PurchaseOfDigitalAssets
1500000000
CY2021Q1 tsla Proceeds From Sales Of Digital Assets
ProceedsFromSalesOfDigitalAssets
272000000
CY2021Q1 tsla Government Grant Receipt
GovernmentGrantReceipt
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CY2020Q1 tsla Government Grant Receipt
GovernmentGrantReceipt
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CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2021Q1 tsla Proceeds From Convertible And Other Debt
ProceedsFromConvertibleAndOtherDebt
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CY2020Q1 tsla Proceeds From Convertible And Other Debt
ProceedsFromConvertibleAndOtherDebt
2802000000
CY2021Q1 tsla Repayments Of Convertible And Other Debt
RepaymentsOfConvertibleAndOtherDebt
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CY2020Q1 tsla Repayments Of Convertible And Other Debt
RepaymentsOfConvertibleAndOtherDebt
-2318000000
CY2021Q1 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
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CY2020Q1 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
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CY2021Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
183000000
CY2020Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
160000000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
100000000
CY2021Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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CY2020Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
19000000
CY2021Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
32000000
CY2020Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
67000000
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-221000000
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17723000000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8547000000
CY2021Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
1061000000
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
415000000
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
64000000
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
32000000
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
179000000
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
60000000
CY2021Q1 us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">Note 1 – Overview</span></p><p style="padding-top:4.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Tesla, Inc. (“Tesla”, the “Company”, “we”, “us” or “our”) was incorporated in the State of Delaware on July 1, 2003. We design, develop, manufacture and sell high-performance fully electric vehicles and design, manufacture, install and sell solar energy generation and energy storage products. Our Chief Executive Officer, as the chief operating decision maker (“CODM”), organizes our company, manages resource allocations and measures performance among </span><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">two</span><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> operating and reportable segments: (i) automotive and (ii) energy generation and storage.</span></p><p style="padding-top:9.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Beginning in the first quarter of 2021, there has been a trend in many parts of the world of increasing availability and administration of vaccines against COVID-19, as well as an easing of restrictions on social, business, travel and government activities and functions. On the other hand, infection rates and regulations continue to fluctuate in various regions and there are ongoing global impacts resulting from the pandemic, including challenges and increases in costs for logistics and supply chains, such as increased port congestion, intermittent supplier delays and a shortfall of microchip supply. We have also previously been affected by temporary manufacturing closures, employment and compensation adjustments, and impediments to administrative activities supporting our product deliveries and deployments.</span></p>
CY2021Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="padding-top:14.0pt;text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Use of Estimates</span></p><p style="padding-top:9.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, costs and expenses and related disclosures in the accompanying notes.</span><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> </span></p><p style="padding-top:9.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Due to the COVID-19 pandemic, there has been uncertainty and disruption in the global economy and financial markets which could impact our estimates and assumptions. We have assessed the impact and are not aware of any specific events or circumstances that required an update to our estimates and assumptions or materially affected the carrying value of our assets or liabilities as of the date of issuance of this Quarterly Report on Form 10-Q. These estimates may change as new events occur and additional information is obtained. Actual results could differ materially from these estimates under different assumptions or conditions.</span></p>
CY2021Q1 tsla Sales Return Reserve From Buyback Options
SalesReturnReserveFromBuybackOptions
629000000
CY2020Q4 tsla Sales Return Reserve From Buyback Options
SalesReturnReserveFromBuybackOptions
703000000
CY2021Q1 tsla Sales Return Reserve From Short Term Buy Back Options
SalesReturnReserveFromShortTermBuyBackOptions
206000000
CY2020Q4 tsla Sales Return Reserve From Short Term Buy Back Options
SalesReturnReserveFromShortTermBuyBackOptions
202000000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2000000000.00
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1930000000
CY2021Q1 tsla Contract With Customer Liability Revenue Recognized Out Of Prior Period Balance
ContractWithCustomerLiabilityRevenueRecognizedOutOfPriorPeriodBalance
79000000
CY2020Q1 tsla Contract With Customer Liability Revenue Recognized Out Of Prior Period Balance
ContractWithCustomerLiabilityRevenueRecognizedOutOfPriorPeriodBalance
57000000
CY2021Q1 tsla Contract With Customer Asset And Liability Revenue Recognized In Next Rolling Twelve Months
ContractWithCustomerAssetAndLiabilityRevenueRecognizedInNextRollingTwelveMonths
1210000000
CY2021Q1 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
42000000
CY2021Q1 us-gaap Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
26000000
CY2020Q1 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
0
CY2020Q1 us-gaap Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
0
CY2021Q1 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
134000000
CY2020Q4 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
102000000
CY2021Q1 tsla Sales Type Lease Unearned Interest Income
SalesTypeLeaseUnearnedInterestIncome
-14000000
CY2020Q4 tsla Sales Type Lease Unearned Interest Income
SalesTypeLeaseUnearnedInterestIncome
-11000000
CY2021Q1 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
120000000
CY2020Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
91000000
CY2021Q1 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
120000000
CY2020Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
91000000
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
387000000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
380000000
CY2021Q1 tsla Unrecognized Tax Benefits Of Deferred Tax Accounting That Would Not Impact Annual Effective Rate
UnrecognizedTaxBenefitsOfDeferredTaxAccountingThatWouldNotImpactAnnualEffectiveRate
356000000
CY2020Q4 tsla Unrecognized Tax Benefits Of Deferred Tax Accounting That Would Not Impact Annual Effective Rate
UnrecognizedTaxBenefitsOfDeferredTaxAccountingThatWouldNotImpactAnnualEffectiveRate
353000000
CY2021Q1 tsla Increase Decrease To Net Income Loss Attributable To Common Stockholders
IncreaseDecreaseToNetIncomeLossAttributableToCommonStockholders
5000000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
961000000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
915000000
CY2021Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
305000000
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
238000000
CY2020Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
193000000
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
246000000
CY2021Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
277000000
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
279000000
CY2020Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
274000000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
97000000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
46000000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
21000000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
30000000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
54000000
CY2020Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3000000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1133000000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
994000000
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17141000000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19384000000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8080000000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6268000000
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
269000000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17723000000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19901000000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8547000000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6783000000
CY2021Q1 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
324000000
CY2020Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
334000000
CY2021Q1 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
10000000
CY2020Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
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CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
45000000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
45000000
CY2021Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0
CY2021Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="padding-top:14.0pt;text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Concentration of Risk</span></p><p style="padding-top:4.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Credit Risk</span></p><p style="padding-top:4.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">Financial instruments that potentially subject us to a concentration of credit risk consist of cash, cash equivalents, restricted cash, accounts receivable, convertible note hedges, and interest rate swaps. Our cash balances are primarily invested in money market funds or on deposit at high credit quality financial institutions in the U.S. These deposits are typically in excess of insured limits. As of March 31, 2021 and December 31, 2020</span><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">, no entity represented </span><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">10</span><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">% or more of our total accounts receivable balance. The risk of concentration for our convertible note hedges and interest rate swaps is mitigated by transacting with several highly-rated multinational banks.</span></p><p style="padding-top:14.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Supply Risk</span></p><p style="padding-top:4.0pt;text-indent:24.5pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="color:rgba(0,0,0,1);font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">We are dependent on our suppliers, including single source suppliers, and the inability of these suppliers to deliver necessary components of our products in a timely manner at prices, quality levels and volumes acceptable to us, or our inability to efficiently manage these components from these suppliers, could have a material adverse effect on our business, prospects, financial condition and operating results.</span></p>
CY2021Q1 tsla Accounts Receivable Threshold Percentage
AccountsReceivableThresholdPercentage
0.10
CY2020 tsla Accounts Receivable Threshold Percentage
AccountsReceivableThresholdPercentage
0.10
CY2021Q1 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3890000000
CY2020Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3540000000
CY2021Q1 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
498000000
CY2020Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
446000000
CY2021Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1500000000
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1468000000
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1089000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
116000000
CY2020Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
81000000
CY2021Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-1000000
CY2020Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
3000000
CY2021Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
183000000
CY2020Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
119000000
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1534000000
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1130000000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12747000000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12702000000
CY2020Q4 tsla Long Term Debt And Finance Leases Current
LongTermDebtAndFinanceLeasesCurrent
2132000000
CY2021Q1 tsla Long Term Debt And Finance Leases Current
LongTermDebtAndFinanceLeasesCurrent
2182000000
CY2020Q4 tsla Long Term Debt And Finance Leases Noncurrent
LongTermDebtAndFinanceLeasesNoncurrent
9556000000
CY2021Q1 tsla Long Term Debt And Finance Leases Noncurrent
LongTermDebtAndFinanceLeasesNoncurrent
9775000000
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
51000000
CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
27260000000
CY2021Q1 us-gaap Additional Paid In Capital
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