Stock Analysis on Net

Tesla Inc. (NASDAQ:TSLA)

Cash Flow Statement 

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Tesla Inc., consolidated cash flow statement

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Net income (loss) 5,644  862  (775) (1,063) (2,241)
Depreciation, amortization and impairment 2,911  2,322  2,154  1,901  1,636 
Stock-based compensation 2,121  1,734  898  749  467 
Inventory and purchase commitments write-downs 140  202  193  85  132 
Foreign currency transaction net unrealized (gain) loss (55) 114  (48) (2) 52 
Loss related to SolarCity acquisition —  —  —  —  58 
Non-cash interest and other operating activities 245  525  520  369  332 
Digital assets gain, net (27) —  —  —  — 
Operating cash flow related to repayment of discounted convertible senior notes —  —  (188) —  — 
Accounts receivable (130) (652) (367) (497) (25)
Inventory (1,709) (422) (429) (1,023) (179)
Operating lease vehicles (2,114) (1,072) (764) (215) (1,523)
Prepaid expenses and other current assets (271) (251) (288) (82) (72)
Other non-current assets (1,291) (344) 115  (207) (15)
Accounts payable and accrued liabilities 4,578  2,102  646  1,723  388 
Deferred revenue 793  321  801  407  469 
Customer deposits 186  (58) (97) 170 
Other long-term liabilities 476  495  (5) 49  290 
Changes in operating assets and liabilities 518  184  (349) 58  (497)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities 5,853  5,081  3,180  3,160  2,180 
Net cash provided by (used in) operating activities 11,497  5,943  2,405  2,098  (61)
Purchases of property and equipment excluding finance leases, net of sales (6,482) (3,157) (1,327) (2,101) (3,415)
Purchases of solar energy systems, net of sales (32) (75) (105) (219) (667)
Purchases of digital assets (1,500) —  —  —  — 
Proceeds from sales of digital assets 272  —  —  —  — 
Purchases of marketable securities (132) —  —  —  — 
Receipt of government grants 123  46  —  — 
Purchase of intangible assets —  (10) (5) —  — 
Increases in restricted cash —  —  —  —  (223)
Business combinations, net of cash acquired —  (13) (45) (18) (115)
Net cash used in investing activities (7,868) (3,132) (1,436) (2,337) (4,419)
Proceeds from issuances of common stock in public offerings, net of issuance costs —  12,269  848  —  400 
Proceeds from issuances of convertible and other debt 8,883  9,713  10,669  6,176  7,138 
Repayments of convertible and other debt (14,167) (11,623) (9,161) (5,247) (3,995)
Repayments of borrowings issued to related parties —  —  —  (100) (165)
Collateralized lease borrowings (repayments) (9) (240) (389) (559) 511 
Proceeds from exercises of stock options and other stock issuances 707  417  263  296  259 
Principal payments on finance leases (439) (338) (321) (181) (103)
Debt issuance costs (9) (6) (37) (15) (63)
Purchase of convertible note hedges —  —  (476) —  (204)
Proceeds from settlement of convertible note hedges —  —  —  —  287 
Proceeds from issuance of warrants —  —  174  —  53 
Payments for settlements of warrants —  —  —  —  (230)
Proceeds from investments by noncontrolling interests in subsidiaries 24  279  437  790 
Distributions paid to noncontrolling interests in subsidiaries (161) (208) (311) (227) (262)
Payments for buy-outs of noncontrolling interests in subsidiaries (10) (35) (9) (6) — 
Net cash provided by (used in) financing activities (5,203) 9,973  1,529  574  4,415 
Effect of exchange rate changes on cash and cash equivalents and restricted cash (183) 334  (23) 39 
Net increase (decrease) in cash and cash equivalents and restricted cash (1,757) 13,118  2,506  311  (25)
Cash and cash equivalents and restricted cash, beginning of period 19,901  6,783  4,277  3,965  3,393 
Cash and cash equivalents and restricted cash, end of period 18,144  19,901  6,783  4,276  3,368 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Cash flow statement item Description The company
Net cash provided by (used in) operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Tesla Inc. net cash provided by (used in) operating activities increased from 2019 to 2020 and from 2020 to 2021.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Tesla Inc. net cash used in investing activities decreased from 2019 to 2020 and from 2020 to 2021.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Tesla Inc. net cash provided by (used in) financing activities increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.