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Tesla Motors, Inc.
Consolidated Statements of Operations
(in thousands, except per share data)
Year Ended December 31,
2015 2014 2013
Revenues      
Automotive  $ 3,740,973  $ 3,007,012  $ 1,921,877
Servicesandother   305,052   191,344   91,619
Totalrevenues   4,046,025   3,198,356   2,013,496
Cost of revenues      
Automotive   2,823,302   2,145,749   1,483,321
Servicesandother   299,220   170,936   73,913
Totalcostofrevenues   3,122,522   2,316,685   1,557,234
Grossprofit   923,503   881,671   456,262
Operating expenses      
Researchanddevelopment   717,900   464,700   231,976
Selling,generalandadministrative   922,232   603,660   285,569
Totaloperatingexpenses   1,640,132   1,068,360   517,545
Lossfromoperations   (716,629)   (186,689)   (61,283)
Interestincome   1,508   1,126   189
Interestexpense   (118,851)   (100,886)   (32,934)
Otherincome(expense),net   (41,652)   1,813   22,602
Lossbeforeincometaxes   (875,624)   (284,636)   (71,426)
Provisionforincometaxes   13,039   9,404   2,588
Netloss  $ (888,663)  $ (294,040)  $ (74,014)
Netlosspershareofcommonstock,basicanddiluted  $ (6.93)  $ (2.36)  $ (0.62)
Weightedaveragesharesusedincomputingnetlosspershareof
commonstock,basicanddiluted   128,202   124,539   119,421
Theaccompanyingnotesareanintegralpartoftheseconsolidatedfinancialstatements.
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