Stock Analysis on Net

Tesla Inc. (NASDAQ:TSLA)

Balance Sheet: Assets 

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

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents 16,139 16,398 16,253 17,576 19,384
Short-term investments 20,424 12,696 5,932 131
Accounts receivable, net 4,418 3,508 2,952 1,913 1,886
Inventory 12,017 13,626 12,839 5,757 4,101
Prepaid expenses and other current assets 5,362 3,388 2,941 1,723 1,346
Current assets 58,360 49,616 40,917 27,100 26,717
Operating lease vehicles, net 5,581 5,989 5,035 4,511 3,091
Solar energy systems, net 4,924 5,229 5,489 5,765 5,979
Property, plant and equipment, net 35,836 29,725 23,548 18,884 12,747
Operating lease right-of-use assets 5,160 4,180 2,563 2,016 1,558
Digital assets, net 1,076 184 184 1,260
Intangible assets, net 150 178 215 257 313
Goodwill 244 253 194 200 207
Deferred tax assets 6,524 6,733 328 89 67
Other non-current assets 4,215 4,531 3,865 2,049 1,469
Non-current assets 63,710 57,002 41,421 35,031 25,431
Total assets 122,070 106,618 82,338 62,131 52,148

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


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 2022 to 2023 and from 2023 to 2024.
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 increased from 2022 to 2023 and from 2023 to 2024.
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 2022 to 2023 and from 2023 to 2024.
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 2022 to 2023 and from 2023 to 2024.

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 increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
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 2022 to 2023 and from 2023 to 2024.
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 2022 to 2023 and from 2023 to 2024.
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 increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.