Stock Analysis on Net

Tesla Inc. (NASDAQ:TSLA)

Balance Sheet: Assets 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Tesla Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Cash and cash equivalents 16,352 16,139 18,111 14,635 11,805 16,398 15,932 15,296 16,048 16,253 19,532 18,324 17,505 17,576 16,065 16,229 17,141 19,384 14,531 8,615 8,080
Short-term investments 20,644 20,424 15,537 16,085 15,058 12,696 10,145 7,779 6,354 5,932 1,575 591 508 131 30
Accounts receivable, net 3,782 4,418 3,313 3,737 3,887 3,508 2,520 3,447 2,993 2,952 2,192 2,081 2,311 1,913 1,962 2,129 1,890 1,886 1,757 1,485 1,274
Inventory 13,706 12,017 14,530 14,195 16,033 13,626 13,721 14,356 14,375 12,839 10,327 8,108 6,691 5,757 5,199 4,733 4,132 4,101 4,218 4,018 4,494
Prepaid expenses and other current assets 4,905 5,362 4,888 4,325 3,752 3,388 2,708 2,997 3,227 2,941 2,364 2,118 2,035 1,723 1,746 1,602 1,542 1,346 1,238 1,218 1,045
Current assets 59,389 58,360 56,379 52,977 50,535 49,616 45,026 43,875 42,997 40,917 35,990 31,222 29,050 27,100 25,002 24,693 24,705 26,717 21,744 15,336 14,893
Operating lease vehicles, net 5,477 5,581 5,380 5,541 5,736 5,989 6,119 5,935 5,473 5,035 4,824 4,782 4,745 4,511 4,167 3,748 3,396 3,091 2,742 2,524 2,527
Solar energy systems, net 4,855 4,924 5,040 5,102 5,162 5,229 5,293 5,365 5,427 5,489 5,562 5,624 5,686 5,765 5,821 5,883 5,933 5,979 6,025 6,069 6,106
Property, plant and equipment, net 37,088 35,836 36,116 32,902 31,436 29,725 27,744 26,389 24,969 23,548 21,926 21,093 20,027 18,884 17,298 15,665 13,868 12,747 11,848 11,009 10,638
Operating lease right-of-use assets 5,330 5,160 4,867 4,563 4,367 4,180 3,637 3,352 2,800 2,563 2,251 2,185 2,181 2,016 1,962 1,734 1,647 1,558 1,375 1,274 1,197
Digital assets, net 951 1,076 184 184 184 184 184 184 184 184 218 218 1,261 1,260 1,260 1,311 1,331
Intangible assets, net 144 150 158 164 171 178 191 202 204 215 228 241 254 257 269 283 299 313 318 312 323
Goodwill 248 244 253 249 250 253 250 263 195 194 191 196 200 200 201 203 206 207 203 196 193
Deferred tax assets 6,687 6,524 6,486 6,692 6,769 6,733
Other non-current assets 4,942 4,215 4,989 4,458 4,616 4,531 5,497 5,026 4,584 4,193 3,236 2,952 2,634 2,138 1,854 1,626 1,587 1,536 1,436 1,415 1,373
Non-current assets 65,722 63,710 63,473 59,855 58,691 57,002 48,915 46,716 43,836 41,421 38,436 37,291 36,988 35,031 32,832 30,453 28,267 25,431 23,947 22,799 22,357
Total assets 125,111 122,070 119,852 112,832 109,226 106,618 93,941 90,591 86,833 82,338 74,426 68,513 66,038 62,131 57,834 55,146 52,972 52,148 45,691 38,135 37,250

Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Tesla Inc. current assets increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Tesla Inc. property, plant and equipment, net decreased from Q3 2024 to Q4 2024 but then increased from Q4 2024 to Q1 2025 exceeding Q3 2024 level.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Tesla Inc. non-current assets increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Tesla Inc. total assets increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Tesla Inc. cash and cash equivalents decreased from Q3 2024 to Q4 2024 but then slightly increased from Q4 2024 to Q1 2025.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Tesla Inc. short-term investments increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Tesla Inc. accounts receivable, net increased from Q3 2024 to Q4 2024 but then slightly decreased from Q4 2024 to Q1 2025 not reaching Q3 2024 level.
Inventory Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Tesla Inc. inventory decreased from Q3 2024 to Q4 2024 but then increased from Q4 2024 to Q1 2025 not reaching Q3 2024 level.