Detailed P&L for the Electric Powertrain
Sales business
The most important drivers for the Electric Powertrain Sales business are discussed above, here is the detailed P&L.
Electric Powertrain Sales: Detailed P&L
2011
Revenues
Model S Capex allocation (Mil $)
42.3
Model S Capex allocation ($ Mil) 42.3
Model S NWC & NOA allocation -8.04

2012

2013

2014 2015

2016 2017

2018

2019 2020 2021

2022

18.2
18.2

5.92
5.92

34.3
34.3

22.2
22.2

32.3
32.3

14.6
14.6

10.8
10.8

11.6
11.6

-2.34 0.29

4.52

-5.62 0.89

-2.80 -1.64 -1.51

-1.23 -1.15

-1.08

89.5
17.0

237
23.7

61.7
8.90

108
25.9

98.8
25.9

108
25.9

103
25.9

103
25.9

103
25.9

103
25.9

103
25.9

103
25.9

4.61

2.04

1.37

2.96

2.96

2.96

2.96

2.96

2.96

2.96

2.96

2.96

100

267

55.1

88.8

98.8

103

103

103

103

103

103

103

15.7

9.63

5.38

8.41

9.41

9.41

9.41

9.41

9.41

9.41

9.41

9.41

11.0

5.31

1.17

1.35

1.35

1.35

1.35

1.35

1.35

1.35

1.35

1.35

7.30

6.09 2.89

5.42

5.42

5.42

5.42

5.42

5.42

5.42

5.42

5.42

31.4

45.1

113

122

131

142

153

166

179

193

209

31.4

45.1

113

122

131

142

153

166

179

193

209

47.2

51.3

151

138

165

160

166

175

191

205

219

36.2

30.0

35.0

82.0

88.6

95.7

103

111

120

130

140

151

22.7

4.21

22.3

27.4

27.4

27.4

27.4

27.4

27.4

27.4

27.4

27.4

61.3
0.00
124
92.7
97.5

26.2
0.00
321
58.5
56.3

7.47
0.00
30.1
9.72
42.5

24.4
0.01
32.4
12.4
106

24.2
-0.04
34.4
11.4
112

25.4
-0.05
35.4
10.4
121

25.5
-0.09
36.4
9.40
128

27.4
-0.04
37.4
8.40
138

30.7
0.24
36.4
7.40
151

32.2
0.52
35.4
6.40
162

33.4
0.86
34.4
5.40
173

34.0
1.21
33.4
4.40
185

44.9
n/a

17.1
n/a

16.3
n/a

69.8
n/a

50.1
25.9

69.3
44.0

56.9
31.4

55.2
27.8

54.8
24.2

61.4
29.2

64.6
31.2

67.8
33.8

(Mil $)

Inventory Turnover Ratio
Account Receivable Days
Other Current Assets as % of
Revenue (%)
Account Payable Days
Accrued Liabilities as a % of
Revenues (%)
Other Assets as % of Revenue (%)
Other Liabilities as % of Revenue
(%)

Electric Powertrain Components
46.9
Revenue (Mil $)
Electric Powertrain Components 46.9
Revenue ($ Mil)
Total Revenues (Mil $)
81.1
Expenses
Direct Expenses (Mil $)
Powertrain Components & Sales
Gross Profit Margin (%)
Indirect Expenses (Mil $)
Effective Taxes ($ Bil)
SG&A as % of Gross Profits (%)
R&D as a % of Revenues (%)
Total Expenses (Mil $)
Adjusted EBITDA (Mil $)
Free Cash Flow (Mil $)

TREFIS ANALYSIS for TESLA MOTORS

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20.7
20.7

+ 1 617 394 8763

13.5
13.5

12.6
12.6

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