P&L, BALANCE SHEET TESLA FORECAST

1. BS
2014 2015 2016 2017Q3 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
In Million Actual Actual Actual Actual Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast
Cash and cash equivalents 1905.71 1196.91 3393.22 3530.03 1002.58 -756.51 -2478.35 -3881.05 -4759.46 -5715.58 -2387.39 3686.35 9931.22 12529.55
Restricted cash and marketable securities 17.95 22.63 105.52 138.18 138.18 138.18 138.18 138.18 138.18 138.18 138.18 138.18 138.18 138.18
Accounts receivable, net 226.60 168.97 499.14 607.73 1372.77 2202.93 3072.68 3944.25 5136.30 6314.93 7646.02 8888.90 10227.17 11260.89
Inventory 953.68 1277.84 2067.45 2471.38 8451.46 13562.41 18917.02 24282.83 31621.74 38878.01 47072.88 54724.71 62963.78 69327.89
Prepaid expenses and other current assets 76.13 115.67 194.47 321.41 815.30 1308.34 1824.89 2342.52 3050.49 3750.49 4541.04 5279.19 6074.00 6687.94
as a % of revenue 2% 3% 3% 4% 3.79% 4% 4% 4% 4% 4% 4% 4% 4% 3.8%
Operating lease vehicles, net 766.74 1791.40 3134.08 3834.23 3834.23 3834.23 3834.23 3834.23 3834.23 3834.23 3834.23 3834.23 3834.23 3834.23
Solar energy systems, leased and to be leased, net 0.00 0.00 5919.88 6287.97 6287.97 6287.97 6287.97 6287.97 6287.97 6287.97 6287.97 6287.97 6287.97 6287.97
Property, plant and equipment, net 1829.27 3403.33 5982.96 9394.40 19597.43 32679.51 48200.41 65226.96 84039.63 102956.96 121006.02 136303.69 153656.36 171894.91
Intangible assets, net 0.00 12.82 376.15 417.47 417.47 417.47 417.47 417.47 417.47 417.47 417.47 417.47 417.47 417.47
Other assets 54.58 78.38 991.22 1104.27 2922.20 4689.38 6540.80 8396.10 10933.62 13442.57 16276.05 18921.76 21770.53 23971.00
as a % of revenue 2% 2% 14% 13.0% 14% 14% 14% 14% 14% 14% 14% 14% 14% 14%
Total Assets 5830.7 8067.9 22664.1 28107.1 44839.6 64363.9 86755.3 110989.5 140700.2 170305.2 204832.5 238482.5 275300.9 306350.0
Accounts payable 777.9 916.1 1860.3 2385.8 5796.3 9263.5 12529.2 15609.9 19644.0 23683.9 28691.2 33379.0 38432.7 42333.5
Accrued liabilities 268.9 422.8 1210.0 1477.8 3748.6 6015.6 8390.6 10770.6 14025.8 17244.3 20879.1 24273.1 27927.5 30750.3
as a % of revenue 8% 10% 17% 17.4% 17.4% 17.4% 17.4% 17.4% 17.4% 17.4% 17.4% 17.4% 17.4% 17.4%
Deferred revenue 191.7 424.0 763.1 951.7 2084.2 3344.6 4665.1 5988.4 7798.2 9587.7 11608.7 13495.7 15527.5 17097.0
as a % of revenue 5.99% 10.48% 10.90% 11.24% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%
Resale value guarantees 0.0 136.8 179.5 543.3 881.0 1413.7 1971.9 2531.2 3296.2 4052.5 4906.7 5704.4 6563.2 7226.6
as a % of revenue 0% 3% 3% 6% 4% 4% 4% 4% 4% 4% 4% 4% 4% 4%
Customer deposits 257.6 283.4 663.9 686.1 1740.4 2792.8 3895.5 5000.4 6511.7 8005.9 9693.4 11269.1 12965.8 14276.3
as a % of revenue 8% 7% 9% 8.1% 8.1% 8% 8% 8% 8% 8% 8% 8% 8% 8%
long-term debt and capital leases 2429.9 2649.0 6844.3 9905.8 11169.6 13932.4 17621.5 21521.5 23396.5 24028.6 24028.6 24028.6 24028.6 24028.6
Other liabilities 993.0 2152.1 5604.9 5978.5 16179.5 25964.0 36214.9 46487.2 60536.9 74428.3 90116.6 104765.3 120538.3 132721.8
as a % of revenue 31% 53% 80% 71% 75% 75% 75% 75% 75% 75% 75% 75% 75% 75%
Total Liabilities 4919.0 6984.2 17126.0 21929.1 41599.6 62726.6 85288.6 107909.2 135209.3 161031.3 189924.5 216915.2 245983.6 268434.0
Total Equity 911.7 1083.7 5538.1 6178.0 4482.7 2880.0 2709.3 4323.0 6733.5 10516.6 16150.7 22809.9 22542.0 28736.0
Total Liabilities & Equity 5830.7 8067.9 22664.1 28107.1 46082.2 65606.6 87998.0 112232.1 141942.8 171547.9 206075.1 239725.1 268525.6 297170.0
0.0 0.0 0.0 0.0 1242.7 1242.7 1242.7 1242.7 1242.7 1242.7 1242.7 1242.7 -6775.4 -9180.1