Appendix

Summary P&L for Tesla Motors
Summary P&L for Tesla Motors
Total Revenues (Bil $)
Model S (% of total)
Gen III (% of total)
Model X (% of total)
Roadster (% of total)
Electric Powertrain Sales (% of total)
Development Services (% of total)
Direct Expenses (Bil $)
Model S (% of total)
Gen III (% of total)
Model X (% of total)
Roadster (% of total)
Electric Powertrain Sales (% of total)
Development Services (% of total)
Adjusted EBITDA (Bil $)
Model S (% of total)
Gen III (% of total)
Model X (% of total)
Roadster (% of total)
Electric Powertrain Sales (% of total)
Development Services (% of total)
Indirect Expenses (Bil $)
Model S (% of total)
Gen III (% of total)
Model X (% of total)
Roadster (% of total)
Electric Powertrain Sales (% of total)
Development Services (% of total)
Free Cash Flow (Bil $)
Model S (% of total)
Gen III (% of total)
Model X (% of total)
Roadster (% of total)
Electric Powertrain Sales (% of total)

2011
0.35
0.00
0.00
0.00
49.8
22.9
27.3
0.14
0.00
0.00
0.00
46.1
21.2
32.7
0.21
0.00
0.00
0.00
46.1
21.2
32.7
0.27
0.00
0.00
0.00
49.8
22.9
27.3
n/a
n/a
n/a
n/a
n/a
n/a

TREFIS ANALYSIS for TESLA MOTORS

2012
0.62
74.4
0.00
0.00
11.4
7.59
6.67
0.38
69.8
0.00
0.00
10.7
7.12
12.4
0.24
69.8
0.00
0.00
10.7
7.12
12.4
0.35
74.4
0.00
0.00
11.4
7.59
6.67
n/a
n/a
n/a
n/a
n/a
n/a

2013
2.29
96.6
0.00
0.00
0.39
2.24
0.78
1.57
96.7
0.00
0.00
0.39
2.24
0.62
0.72
96.7
0.00
0.00
0.39
2.24
0.62
0.33
96.6
0.00
0.00
0.39
2.24
0.78
n/a
n/a
n/a
n/a
n/a
n/a

2014
4.30
96.3
0.00
0.00
0.00
3.53
0.18
2.32
96.4
0.00
0.00
0.00
3.54
0.05
1.97
96.4
0.00
0.00
0.00
3.54
0.05
0.69
96.3
0.00
0.00
0.00
3.53
0.18
n/a
n/a
n/a
n/a
n/a
n/a

2015
9.36
83.7
0.00
14.7
0.00
1.48
0.08
6.10
87.0
0.00
11.4
0.00
1.54
0.05
3.26
87.0
0.00
11.4
0.00
1.54
0.05
1.63
83.7
0.00
14.7
0.00
1.48
0.08
1.63
90.3
0.00
8.05
0.00
1.59

2016
13.0
76.3
0.00
22.4
0.00
1.27
0.07
7.63
78.1
0.00
20.5
0.00
1.30
0.05
5.33
78.1
0.00
20.5
0.00
1.30
0.05
1.99
76.3
0.00
22.4
0.00
1.27
0.07
3.33
79.2
0.00
19.4
0.00
1.32

CONTENT@TREFIS.COM

2017
16.5
61.3
16.0
21.6
0.00
0.97
0.05
11.0
65.3
12.6
21.0
0.00
1.03
0.04
5.50
65.3
12.6
21.0
0.00
1.03
0.04
2.61
61.3
16.0
21.6
0.00
0.97
0.05
2.89
68.9
9.49
20.5
0.00
1.09

2018
23.1
47.5
32.1
19.6
0.00
0.72
0.04
15.8
51.6
27.8
19.9
0.00
0.76
0.04
7.24
51.6
27.8
19.9
0.00
0.76
0.04
3.78
47.5
32.1
19.6
0.00
0.72
0.04
3.46
56.0
23.0
20.1
0.00
0.80

2019
30.6
39.1
39.1
18.6
2.59
0.57
0.03
21.4
42.5
35.1
19.0
2.75
0.59
0.03
9.23
42.5
35.1
19.0
2.75
0.59
0.03
5.35
39.1
39.1
18.6
2.59
0.57
0.03
3.88
47.2
29.6
19.6
2.98
0.62

+ 1 617 394 8763

2020
38.7
34.9
44.8
16.7
3.10
0.49
0.03
26.7
37.9
40.8
17.5
3.30
0.51
0.03
12.1
37.9
40.8
17.5
3.30
0.51
0.03
6.52
34.9
44.8
16.7
3.10
0.49
0.03
5.55
41.4
36.1
18.4
3.54
0.53

2021
46.5
32.0
49.6
14.4
3.42
0.44
0.02
32.4
35.1
45.3
15.4
3.69
0.46
0.04
14.2
35.1
45.3
15.4
3.69
0.46
0.04
7.58
32.0
49.6
14.4
3.42
0.44
0.02
6.59
38.6
40.3
16.5
4.00
0.47

2022
54.3
30.1
53.5
12.8
3.19
0.40
0.02
38.2
33.4
48.8
13.9
3.49
0.42
0.04
16.2
33.4
48.8
13.9
3.49
0.42
0.04
8.41
30.1
53.5
12.8
3.19
0.40
0.02
7.76
36.9
43.7
15.1
3.82
0.44

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