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Table of Contents
Tesla Motors, Inc.
Consolidated Balance Sheets
(in thousands, except share and per share data)
The accompanying notes are an integral part of these consolidated financial statements.
91
December 31,
2013
December 31,
2012
Assets
Current assets
Cash and cash equivalents
$
845,889
$
201,890
Restricted cash
3,012
19,094
Accounts receivable
49,109
26,842
Inventory
340,355
268,504
Prepaid expenses and other current assets
27,574
8,438
Total current assets
1,265,939
524,768
Operating lease vehicles, net
382,425
10,071
Property, plant and equipment, net
738,494
552,229
Restricted cash
6,435
5,159
Other assets
23,637
21,963
Total assets
$
2,416,930
$
1,114,190
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable
$
303,969
$
303,382
Accrued liabilities
108,252
39,798
Deferred revenue
91,882
1,905
Capital lease obligations, current portion
7,722
4,365
Customer deposits
163,153
138,817
Convertible debt, current portion
182
—
Long
-
term debt, current portion
—
50,841
Total current liabilities
675,160
539,108
Common stock warrant liability
—
10,692
Capital lease obligations, less current portion
12,855
9,965
Deferred revenue, less current portion
181,180
3,060
Convertible debt, less current portion
586,119
—
Resale value guarantee
236,299
—
Long
-
term debt, less current portion
—
401,495
Other long
-
term liabilities
58,197
25,170
Total liabilities
1,749,810
989,490
Commitments and contingencies (Note 12)
Stockholders
’
equity:
Preferred stock; $0.001 par value; 100,000,000 shares authorized; no shares issued and outstanding
—
—
Common stock; $0.001 par value; 2,000,000,000 shares authorized as of December 31, 2013 and 2012,
respectively; 123,090,990 and 114,214,274 shares issued and outstanding as of December 31, 2013
and 2012, respectively
123
115
Additional paid
-
in capital
1,806,617
1,190,191
Accumulated deficit
(1,139,620
)
(1,065,606
)
Total stockholders
’
equity
667,120
124,700
Total liabilities and stockholders
’
equity
$
2,416,930
$
1,114,190