2017 Q2 Form 10-Q Financial Statement
#000156459017015705 Filed on August 04, 2017
Income Statement
| Concept | 2017 Q2 | 2016 Q2 |
|---|---|---|
| Revenue | $2.790B | $1.270B |
| YoY Change | 119.65% | 32.99% |
| Cost Of Revenue | $2.123B | $995.0M |
| YoY Change | 113.36% | 34.17% |
| Gross Profit | $666.6M | $274.8M |
| YoY Change | 142.6% | 28.78% |
| Gross Profit Margin | 23.9% | 21.64% |
| Selling, General & Admin | $538.0M | $321.2M |
| YoY Change | 67.52% | 59.11% |
| % of Gross Profit | 80.71% | 116.88% |
| Research & Development | $369.8M | $191.7M |
| YoY Change | 92.93% | 5.48% |
| % of Gross Profit | 55.47% | 69.75% |
| Depreciation & Amortization | $176.6M | $111.9M |
| YoY Change | 57.82% | 84.05% |
| % of Gross Profit | 26.49% | 40.72% |
| Operating Expenses | $369.8M | $512.8M |
| YoY Change | -27.89% | 33.7% |
| Operating Profit | $296.8M | -$238.0M |
| YoY Change | -224.7% | 39.87% |
| Interest Expense | $108.4M | $46.37M |
| YoY Change | 133.87% | 90.41% |
| % of Operating Profit | 36.53% | |
| Other Income/Expense, Net | -$41.21M | -$7.000M |
| YoY Change | 488.69% | -152.9% |
| Pretax Income | -$385.8M | -$289.5M |
| YoY Change | 33.24% | 59.91% |
| Income Tax | $15.65M | $4.000M |
| % Of Pretax Income | ||
| Net Earnings | -$336.4M | -$293.2M |
| YoY Change | 14.74% | 59.14% |
| Net Earnings / Revenue | -12.06% | -23.09% |
| Basic Earnings Per Share | -$2.04 | |
| Diluted Earnings Per Share | -$2.04 | -$139.5K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 165.2M | |
| Diluted Shares Outstanding | 165.2M |
Balance Sheet
| Concept | 2017 Q2 | 2016 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.036B | $3.246B |
| YoY Change | -6.47% | 182.02% |
| Cash & Equivalents | $3.036B | $3.246B |
| Short-Term Investments | ||
| Other Short-Term Assets | $432.0M | $170.0M |
| YoY Change | 154.12% | 33.86% |
| Inventory | $2.438B | $1.610B |
| Prepaid Expenses | ||
| Receivables | $454.0M | $179.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $6.359B | $5.204B |
| YoY Change | 22.19% | 97.95% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $18.22B | $6.527B |
| YoY Change | 179.13% | 146.67% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $568.0M | $138.0M |
| YoY Change | 311.59% | 157.81% |
| Total Long-Term Assets | $19.69B | $6.665B |
| YoY Change | 195.35% | 73.6% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $6.359B | $5.204B |
| Total Long-Term Assets | $19.69B | $6.665B |
| Total Assets | $26.04B | $11.87B |
| YoY Change | 119.43% | 83.5% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.359B | $1.115B |
| YoY Change | 111.57% | 44.5% |
| Accrued Expenses | $1.511B | $486.0M |
| YoY Change | 210.91% | 40.71% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $817.0M | $627.0M |
| YoY Change | 30.3% | -1.72% |
| Total Short-Term Liabilities | $6.546B | $3.766B |
| YoY Change | 73.82% | 57.97% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $7.127B | $2.657B |
| YoY Change | 168.23% | 29.61% |
| Other Long-Term Liabilities | $5.788B | $2.925B |
| YoY Change | 97.88% | 121.93% |
| Total Long-Term Liabilities | $12.92B | $5.582B |
| YoY Change | 131.37% | 65.74% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.546B | $3.766B |
| Total Long-Term Liabilities | $12.92B | $5.582B |
| Total Liabilities | $20.94B | $9.349B |
| YoY Change | 123.96% | 62.53% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $5.106B | $2.520B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $26.04B | $11.87B |
| YoY Change | 119.43% | 83.5% |
Cashflow Statement
| Concept | 2017 Q2 | 2016 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$336.4M | -$293.2M |
| YoY Change | 14.74% | 59.14% |
| Depreciation, Depletion And Amortization | $176.6M | $111.9M |
| YoY Change | 57.82% | 84.05% |
| Cash From Operating Activities | -$200.0M | $151.0M |
| YoY Change | -232.45% | -194.97% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$1.157B | -$295.0M |
| YoY Change | 292.2% | -27.16% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | -$25.00M |
| YoY Change | -100.0% | 38.89% |
| Cash From Investing Activities | -$1.158B | -$320.0M |
| YoY Change | 261.88% | -24.35% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $1.700B | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 429.0M | 1.977B |
| YoY Change | -78.3% | 802.74% |
| NET CHANGE | ||
| Cash From Operating Activities | -200.0M | 151.0M |
| Cash From Investing Activities | -1.158B | -320.0M |
| Cash From Financing Activities | 429.0M | 1.977B |
| Net Change In Cash | -929.0M | 1.808B |
| YoY Change | -151.38% | -598.07% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$200.0M | $151.0M |
| Capital Expenditures | -$1.157B | -$295.0M |
| Free Cash Flow | $957.0M | $446.0M |
| YoY Change | 114.57% | 81.3% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.04 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.09 | |
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-4.07 | ||
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-4.22 | ||
| CY2017Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
165212000 | |
| CY2016Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
139983000 | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
212949000 | ||
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-631973000 | ||
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-537706000 | ||
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
765773000 | ||
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
339692000 | ||
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
163679000 | ||
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
136330000 | ||
| CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-293188000 | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-666674000 | ||
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-575455000 | ||
| CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
22928000 | |
| us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
43733000 | ||
| us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
5570000 | ||
| CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
22928000 | |
| us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-5570000 | ||
| us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
43733000 | ||
| CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
31730000 | |
| CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-2300000 | |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
40271000 | ||
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-5984000 | ||
| CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
31730000 | |
| CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
20628000 | |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
34701000 | ||
| us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
37749000 | ||
| CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-304667000 | |
| CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-272560000 | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
219759000 | ||
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
156969000 | ||
| tsla |
Amortization Of Debt Discount Less Capitalized Interest
AmortizationOfDebtDiscountLessCapitalizedInterest
|
64151000 | ||
| tsla |
Amortization Of Debt Discount Less Capitalized Interest
AmortizationOfDebtDiscountLessCapitalizedInterest
|
41696000 | ||
| us-gaap |
Inventory Write Down
InventoryWriteDown
|
71255000 | ||
| us-gaap |
Inventory Write Down
InventoryWriteDown
|
29725000 | ||
| us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-53572000 | ||
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Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-11563000 | ||
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Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-29394000 | ||
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Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
8081000 | ||
| tsla |
Gains Loss On Acquisition
GainsLossOnAcquisition
|
-11571000 | ||
| tsla |
Noncash Interest Income Expense And Other Operating Activities
NoncashInterestIncomeExpenseAndOtherOperatingActivities
|
-57023000 | ||
| tsla |
Noncash Interest Income Expense And Other Operating Activities
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|
-16167000 | ||
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-77043000 | ||
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Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
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| tsla |
Increase Decrease In Inventories And Property Subject To Or Available For Operating Lease
IncreaseDecreaseInInventoriesAndPropertySubjectToOrAvailableForOperatingLease
|
1121155000 | ||
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Increase Decrease In Inventories And Property Subject To Or Available For Operating Lease
IncreaseDecreaseInInventoriesAndPropertySubjectToOrAvailableForOperatingLease
|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
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| tsla |
Increase Decrease In Other Operating Assets And Notes Receivables
IncreaseDecreaseInOtherOperatingAssetsAndNotesReceivables
|
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Increase Decrease In Other Operating Assets And Notes Receivables
IncreaseDecreaseInOtherOperatingAssetsAndNotesReceivables
|
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| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13234000 | ||
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
208685000 | ||
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
165144000 | ||
| us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
-71064000 | ||
| us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
398555000 | ||
| tsla |
Increase Decrease In Resale Value Guarantee
IncreaseDecreaseInResaleValueGuarantee
|
176505000 | ||
| tsla |
Increase Decrease In Resale Value Guarantee
IncreaseDecreaseInResaleValueGuarantee
|
253710000 | ||
| us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
59732000 | ||
| us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
65407000 | ||
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-269983000 | ||
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Net Cash Provided By Used In Operating Activities Continuing Operations
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|
-99269000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1511692000 | ||
| tsla |
Proceeds From Convertible And Other Debt
ProceedsFromConvertibleAndOtherDebt
|
2408586000 | ||
| tsla |
Proceeds From Convertible And Other Debt
ProceedsFromConvertibleAndOtherDebt
|
1108000000 | ||
| tsla |
Repayments Of Convertible And Other Debt
RepaymentsOfConvertibleAndOtherDebt
|
1412286000 | ||
| tsla |
Non Cash Estimated Fair Market Value Of Manufacturing Facility
NonCashEstimatedFairMarketValueOfManufacturingFacility
|
173075000 | ||
| tsla |
Non Cash Estimated Fair Market Value Of Manufacturing Facility
NonCashEstimatedFairMarketValueOfManufacturingFacility
|
172770000 | ||
| tsla |
Repayments Of Convertible And Other Debt
RepaymentsOfConvertibleAndOtherDebt
|
578683000 | ||
| us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
165000000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
511579000 | ||
| us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
16667000 | ||
| tsla |
Payments For Solar Energy Systems Leased And To Be Leased
PaymentsForSolarEnergySystemsLeasedAndToBeLeased
|
418792000 | ||
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
102528000 | ||
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
58761000 | ||
| us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
109147000 | ||
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2142159000 | ||
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-553673000 | ||
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1701734000 | ||
| us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
335675000 | ||
| us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
384525000 | ||
| us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
158913000 | ||
| us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
110478000 | ||
| us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-36857000 | ||
| us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-18270000 | ||
| us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
13688000 | ||
| us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
15765000 | ||
| us-gaap |
Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
|
204102000 | ||
| us-gaap |
Proceeds From Hedge Financing Activities
ProceedsFromHedgeFinancingActivities
|
251850000 | ||
| us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
52883000 | ||
| us-gaap |
Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
|
208193000 | ||
| us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
583433000 | ||
| us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
123873000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
2027516000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
2692019000 | ||
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
27334000 | ||
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
10316000 | ||
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-357292000 | ||
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2049393000 | ||
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1196908000 | |
| CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3246301000 | |
| us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
1021692000 | ||
| us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
324982000 | ||
| us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 1 – Overview</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">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 <font style="color:#000000;">design, manufacture, install and sell solar energy generation and energy storage products. Our Chief Executive Officer, as the chief operating decision maker (“CODM”), organizes the Company, manages resource allocations and measures performance among two segments: (i) automotive and (ii) energy generation and storage.</font></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;"> </p></div> | ||
| us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-bottom:0pt;margin-top:6pt;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Certain prior period balances have been reclassified to conform to the current period presentation in the consolidated financial statements and the accompanying notes. Such reclassifications had no effect on previously reported results of operations. Starting in the fourth quarter of 2016, we have reclassified the revenue and cost of revenue of our energy storage products from ‘services and other’ into ‘energy generation and storage’ for all periods presented in order to align with our reportable segments.</p></div> | ||
| us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-style:italic;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of Risk</p> <p style="margin-bottom:0pt;margin-top:6pt;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Credit Risk</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject us to a concentration of credit risk consist of cash, cash equivalents, restricted cash, accounts receivable 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 United States. At times, these deposits may be in excess of insured limits. As of June 30, 2017, no customer represented 10% or more of our total accounts receivable balance. As of December 31, 2016, one customer represented 10% or more of our total accounts receivable balance. The risk of concentration for our interest rate swaps is mitigated by transacting with several highly rated multinational banks. We maintain reserves for any amounts that we consider uncollectible.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Supply Risk</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We are dependent on our suppliers, the majority of which are 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.</p></div> | ||
| CY2017Q2 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
1271018000 | |
| us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | ||
| CY2017Q2 | tsla |
Resale Value Guarantees Current Portion Sales To Customers
ResaleValueGuaranteesCurrentPortionSalesToCustomers
|
222900000 | |
| CY2016Q4 | tsla |
Resale Value Guarantees Current Portion Sales To Customers
ResaleValueGuaranteesCurrentPortionSalesToCustomers
|
179500000 | |
| CY2017Q2 | tsla |
Maximum Repurchase Price Of Vehicles Under Resale Value Arrangement
MaximumRepurchasePriceOfVehiclesUnderResaleValueArrangement
|
1090000000 | |
| CY2017Q2 | tsla |
Resale Value Guarantees Current Portion Sales To Leasing Partners
ResaleValueGuaranteesCurrentPortionSalesToLeasingPartners
|
119900000 | |
| CY2017Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
235000000 | |
| CY2016Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
203900000 | |
| CY2016Q2 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
38963000 | |
| CY2017Q2 | tsla |
Unrecognized Tax Benefits Of Deferred Tax Accounting That Would Not Impact Annual Effective Rate
UnrecognizedTaxBenefitsOfDeferredTaxAccountingThatWouldNotImpactAnnualEffectiveRate
|
228200000 | |
| CY2016Q4 | tsla |
Unrecognized Tax Benefits Of Deferred Tax Accounting That Would Not Impact Annual Effective Rate
UnrecognizedTaxBenefitsOfDeferredTaxAccountingThatWouldNotImpactAnnualEffectiveRate
|
198300000 | |
| tsla |
Number Of Customers
NumberOfCustomers
|
0 | ||
| tsla |
Number Of Customers
NumberOfCustomers
|
1 | ||
| tsla |
Accounts Receivable Threshold Percentage
AccountsReceivableThresholdPercentage
|
0.10 | ||
| tsla |
Accounts Receivable Threshold Percentage
AccountsReceivableThresholdPercentage
|
0.10 | ||
| us-gaap |
Standard Product Warranty Description
StandardProductWarrantyDescription
|
we also provide a warranty on the installation and components of the solar energy systems we sell for periods typically between 10 to 30 years. | ||
| CY2017Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
8900000 | |
| CY2017Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
306951000 | |
| CY2016Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
198705000 | |
| CY2016Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
266655000 | |
| CY2015Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
180754000 | |
| CY2017Q2 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
25384000 | |
| CY2016Q2 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
24459000 | |
| us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
48400000 | ||
| us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
40163000 | ||
| CY2017Q2 | us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
8915000 | |
| CY2016Q2 | us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
3250000 | |
| us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
2653000 | ||
| us-gaap |
Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
|
6634000 | ||
| CY2017Q2 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
52797000 | |
| us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
122371000 | ||
| us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
69234000 | ||
| CY2017Q2 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
7400000 | |
| us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
13500000 | ||
| CY2016Q2 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
2600000 | |
| us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
5100000 | ||
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
318080000 | |
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
26122000 | |
| CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
289313000 | |
| CY2017Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
86832000 | |
| CY2016Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
86832000 | |
| CY2017Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
404912000 | |
| CY2016Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
383189000 | |
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
19079000 | |
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
37788000 | |
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
37788000 | |
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
35884000 | |
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
34918000 | |
| CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
128558000 | |
| CY2017Q2 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
2164987000 | |
| CY2016Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
2227812000 | |
| CY2017Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
558109000 | |
| CY2016Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
680339000 | |
| CY2017Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
266320000 | |
| CY2016Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
233746000 | |
| CY2016Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
350000000 | |
| CY2016Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
17900000 | |
| CY2017Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
1536259 | |
| CY2017Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
399600000 | |
| CY2017Q2 | tsla |
Accrued Warranty Reserve Noncurrent
AccruedWarrantyReserveNoncurrent
|
229349000 | |
| CY2016Q4 | tsla |
Accrued Warranty Reserve Noncurrent
AccruedWarrantyReserveNoncurrent
|
149858000 | |
| CY2017Q2 | tsla |
Build To Suit Lease Liability Noncurrent
BuildToSuitLeaseLiabilityNoncurrent
|
1511692000 | |
| CY2016Q4 | tsla |
Build To Suit Lease Liability Noncurrent
BuildToSuitLeaseLiabilityNoncurrent
|
1323293000 | |
| CY2017Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
37620000 | |
| CY2016Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
36966000 | |
| CY2017Q2 | tsla |
Financing Obligation Noncurrent
FinancingObligationNoncurrent
|
90087000 | |
| CY2016Q4 | tsla |
Financing Obligation Noncurrent
FinancingObligationNoncurrent
|
84360000 | |
| CY2017Q2 | tsla |
Liability For Receipts From Investor
LiabilityForReceiptsFromInvestor
|
62383000 | |
| CY2016Q4 | tsla |
Liability For Receipts From Investor
LiabilityForReceiptsFromInvestor
|
76828000 | |
| CY2017Q2 | tsla |
Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
|
328407000 | |
| CY2016Q4 | tsla |
Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
|
220144000 | |
| CY2017Q2 | us-gaap |
Customer Advances Current
CustomerAdvancesCurrent
|
603500000 | |
| CY2016Q4 | us-gaap |
Customer Advances Current
CustomerAdvancesCurrent
|
663900000 | |
| us-gaap |
Deferred Compensation Arrangement With Individual Maximum Contractual Term1
DeferredCompensationArrangementWithIndividualMaximumContractualTerm1
|
P10Y | ||
| tsla |
Number Of Vehicle Production
NumberOfVehicleProduction
|
300000 | ||
| CY2017Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
116042000 | |
| CY2016Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
67312000 | |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
219759000 | ||
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
156969000 | ||
| CY2017Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
8104869000 | |
| CY2017Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
6755563000 | |
| CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
7511760000 | |
| CY2016Q4 | us-gaap |
Debt Current
DebtCurrent
|
1114652000 | |
| CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
5892016000 | |
| CY2016Q4 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
858959000 | |
| CY2017Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1470359000 | |
| CY2016Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1016731000 | |
| CY2017Q2 | us-gaap |
Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
|
143323000 | |
| CY2016Q4 | us-gaap |
Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
|
136638000 | |
| CY2017Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9736640000 | |
| CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6980442000 | |
| CY2017Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1337411000 | |
| CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
997485000 | |
| CY2017Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
35400000 | |
| us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
58700000 | ||
| CY2016Q2 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
9900000 | |
| us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
19000000 | ||
| CY2017Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
176600000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
336700000 | ||
| CY2016Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
111900000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
211100000 | ||
| CY2017Q2 | us-gaap |
Capital Leased Assets Gross
CapitalLeasedAssetsGross
|
415700000 | |
| CY2016Q4 | us-gaap |
Capital Leased Assets Gross
CapitalLeasedAssetsGross
|
112600000 | |
| CY2017Q2 | us-gaap |
Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
|
65600000 | |
| CY2016Q4 | us-gaap |
Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
|
40200000 | |
| CY2017Q2 | tsla |
Distribution Payable To Non Controlling Interest Holders
DistributionPayableToNonControllingInterestHolders
|
12400000 | |
| CY2016Q4 | tsla |
Distribution Payable To Non Controlling Interest Holders
DistributionPayableToNonControllingInterestHolders
|
300000 | |
| us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y10M24D | ||
| CY2017Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
89300000 | |
| CY2017Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
1300000000 | |
| CY2017Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
14617733000 | |
| CY2016Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
11902839000 |
