10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TESLA, INC. | |||
Ticker: TSLA Fiscal Year: 2021 | |||
Consolidated Statements of Cash Flows (Unaudited) | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 7, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash Flows from Operating Activities | |||
| Net income (loss) | $ 5,644 | 862 | (775) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | |||
| Depreciation, amortization and impairment | 2,911 | 2,322 | 2,154 |
| Stock-based compensation | 2,121 | 1,734 | 898 |
| Inventory and purchase commitments write-downs | 140 | 202 | 193 |
| Foreign currency transaction net unrealized (gain) loss | (55) | 114 | (48) |
| Non-cash interest and other operating activities | 245 | 525 | 520 |
| Digital assets gain, net | (27) | 0 | 0 |
| Operating cash flow related to repayment of discounted convertible senior notes | 0 | 0 | (188) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 130 | (652) | (367) |
| Inventory | 1,709 | (422) | (429) |
| Operating lease vehicles | 2,114 | (1,072) | (764) |
| Prepaid expenses and other current assets | 271 | (251) | (288) |
| Other non-current assets | 1,291 | (344) | 115 |
| Accounts payable and accrued liabilities | 4,578 | 2,102 | 646 |
| Deferred revenue | 793 | 321 | 801 |
| Customer deposits | 186 | 7 | (58) |
| Other long-term liabilities | 476 | 495 | (5) |
| Net cash provided by operating activities | 11,497 | 5,943 | 2,405 |
| Cash Flows from Investing Activities | |||
| Purchases of property and equipment excluding finance leases, net of sales | (6,482) | (3,157) | (1,327) |
| Purchases of solar energy systems, net of sales | 32 | (75) | (105) |
| Purchases of digital assets | 1,500 | 0 | 0 |
| Proceeds from sales of digital assets | 272 | 0 | 0 |
| Purchases of marketable securities | (132) | 0 | 0 |
| Receipt of government grants | 6 | 123 | 46 |
| Purchase of intangible assets | (1,500) | (10) | (5) |
| Business combinations, net of cash acquired | 0 | (13) | (45) |
| Net cash used in investing activities | (7,868) | (3,132) | (1,436) |
| Cash Flows from Financing Activities | |||
| Proceeds from issuances of common stock in public offerings, net of issuance costs | 0 | 12,269 | 848 |
| Proceeds from issuances of convertible and other debt | 8,883 | 9,713 | 10,669 |
| Repayments of convertible and other debt | 14,167 | (11,623) | (9,161) |
| Collateralized lease repayments | (9) | (240) | (389) |
| Proceeds from exercises of stock options and other stock issuances | 707 | 417 | 263 |
| Principal payments on finance leases | (439) | (338) | (321) |
| Debt issuance costs | (9) | (6) | (37) |
| Purchase of convertible note hedges | 476 | ||
| Proceeds from issuance of warrants | 174 | ||
| Proceeds from investments by noncontrolling interests in subsidiaries | 2 | 24 | 279 |
| Distributions paid to noncontrolling interests in subsidiaries | (161) | (208) | (311) |
| Payments for buy-outs of noncontrolling interests in subsidiaries | 10 | (35) | (9) |
| Net cash (used in) provided by financing activities | (5,203) | 9,973 | 1,529 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | (183) | 334 | 8 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | (1,757) | 13,118 | 2,506 |
| Cash and cash equivalents and restricted cash, beginning of period | 19,901 | 6,783 | |
| Cash and cash equivalents and restricted cash, end of period | 18,144 | 19,901 | 6,783 |
| Supplemental Non-Cash Investing and Financing Activities | |||
| Equity issued in connection with business combination | 0 | 0 | 207 |
| Acquisitions of property and equipment included in liabilities | 2,251 | 1,088 | 562 |
| Supplemental Disclosures | |||
| Cash paid during the period for interest, net of amounts capitalized | 266 | 444 | 455 |
| Cash paid during the period for taxes, net of refunds | 561 | 115 | 54 |
| External Links | |
| TESLA, INC. (TSLA) Fiscal Year 2021 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |