Question

June 30, December 31, 2018 2019 S $ 4,954,740 128,006 1,147,100 3,382,358 569,748 10,181,952 2,069,540 6,200,704 10,082,458 1,248,277 327,358 153,475 400,308 365,547 842,978 31,872,597 3,685,618 192,551 949,022 3,113,446 365,671 8,306,308 2,089,758 6,271,396 11,330,077 282,492 68,159 421,548 398,219 571,657 29,739,614 $ $ $ $ Assets Current assets Cash and cash equivalents Restricted cash Accounts receivable, net Inventory Prepaid expenses and other current assets Total current assets Operating lease vehicles, net Solar energy systems, net Property, plant and equipment, net Operating lease right-of-use assets Intangible assets, net Goodwill MyPower customer notes receivable, net of current portion Restricted cash, net of current portion Other assets Total assets Liabilities Current liabilities Accounts payable Accrued liabilities and other Deferred revenue Resale value guarantees Customer deposits Current portion of long-term debt and finance leases Total current liabilities Long-term debt and finance leases, net of current portion Deferred revenue, net of current portion Resale value guarantees, net of current portion Other long-term liabilities Total liabilities Commitments and contingencies (Note 15) Redeemable noncontrolling interests in subsidiaries Equity Stockholders' equity Preferred stock; $0.001 par value; 100,000 shares authorized; no shares issued and outstanding Common stock; $0.001 par value; 2,000,000 shares authorized; 179,118 and 172,603 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively Additional paid-in capital Accumulated other comprehensive loss Accumulated deficit Total stockholders' equity Noncontrolling interests in subsidiaries Total liabilities and equity 3,133,587 2,622,943 883,293 526,758 631,107 1,791,085 9,588,773 11,234,401 1,182,042 61,200 2,655,720 24,722,136 3,404,451 2,094,253 630,292 502,840 792,601 2.567,699 9,992,136 9,403,672 990,873 328,926 2,710,403 23,426,010 580,227 555,964 179 12,052,458 (5,605) (6,331,639) 5,715,393 854,841 31,872,597 173 10,249,120 (8,218) (5,317,832) 4,923,243 834,397 29,739,614

Question for Dec. 31, 2018

a.)What asset does Tesla have the most significant investment?

b.) Is Tesla financed primarily with debt or equity?

c.) Is Tesla's debt primarily short term or long term? Explain

d.) What is a significant change in individual assets or liabilities.

e.) What is a significant change in the composition of current assets or current liabilities.

f.) Evaluate Tesla's debt paying ability.

Answer 1

a. Tesla has most significant investment in the property,plant and equipment at $11,330,077. Solar Energy systems are also significant at $6,271,396.

b. Total debt(Dec 2018) = $9403672 + $2567699 = 11971371

Total Equity = $4,923,243

Company is mostly Debt financed.

c. Long term debt = 9403672+2567699 = 11971371

Current Liabilities(except current portion of long term debt) = 9992136-2567699 = 7424437

Most debt is long term.

d.Assets:

> Cash & Cash equivalents rose by almost 35%.

> Property plant & equipment lease declined by $ 1,000,000.

>Goodwill rose by 125%

Liabilities:

Accrued expenses increased by 528690

CPLTD declined by 776,614, almost 30%

Customer deposits declined by 161494