Tesla, Inc. (TSLA) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-12-31

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Tesla, Inc. cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $7,153,000,000.00Depreciation, amortization and impairment → Operating adjustments reconciliation: $5,368,000,000.00Accounts payable, accrued and other liabilities → Operating adjustments reconciliation: $3,588,000,000.00Stock-based compensation → Operating adjustments reconciliation: $1,999,000,000.00Inventory → Operating adjustments reconciliation: $937,000,000.00Deferred revenue → Operating adjustments reconciliation: $502,000,000.00Deferred income taxes → Operating adjustments reconciliation: $477,000,000.00Inventory and purchase commitments write-downs → Operating adjustments reconciliation: $335,000,000.00Non-cash interest and other operating activities → Operating adjustments reconciliation: $172,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $7,770,000,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $3,273,000,000.00Operating adjustments reconciliation → Accounts receivable: $1,083,000,000.00Operating adjustments reconciliation → Operating lease vehicles: $590,000,000.00Operating adjustments reconciliation → Digital assets (gain) loss, net: $589,000,000.00Operating adjustments reconciliation → Foreign currency transaction net unrealized loss (gain): $73,000,000.00Proceeds from issuances of debt → financing reconciliation: $5,744,000,000.00Proceeds from exercises of stock options and other stock issuances → financing reconciliation: $1,241,000,000.00financing reconciliation → Net cash from financing activities: $3,853,000,000.00financing reconciliation → Repayments of debt: $2,500,000,000.00financing reconciliation → Principal payments on finance leases: $381,000,000.00financing reconciliation → Payments for buy-outs of noncontrolling interests in subsidiaries: $133,000,000.00financing reconciliation → Distributions paid to noncontrolling interests in subsidiaries: $104,000,000.00financing reconciliation → Debt issuance costs: $14,000,000.00Net cash used in investing activities → investing reconciliation: $18,787,000,000.00Proceeds from maturities of investments → investing reconciliation: $28,310,000,000.00Proceeds from sales of investments → investing reconciliation: $200,000,000.00investing reconciliation → Purchases of investments: $35,955,000,000.00investing reconciliation → Purchases of property and equipment excluding finance leases, net of sales: $11,339,000,000.00investing reconciliation → Purchases of solar energy systems, net of sales: $3,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $17,189,000,000.00Net cash from operating activities → Cash sources and uses: $14,923,000,000.00Net cash from financing activities → Cash sources and uses: $3,853,000,000.00Cash sources and uses → Exchange-rate effect: $141,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $17,037,000,000.00Cash sources and uses → Net cash used in investing activities: $18,787,000,000.00Net income: $7,153,000,000.00Net income+$7.15 BDeferred revenue: $502,000,000.00Deferred revenue+$502.00 MInventory and purchase commitments write-downs: $335,000,000.00Inventory write-downs+$335.00 MForeign currency transaction net unrealized loss (gain): -$73,000,000.00Unrealized FX gain & loss−$73.00 MNon-cash interest and other operating activities: $172,000,000.00Non-cash interest & other+$172.00 MInventory: $937,000,000.00Inventories+$937.00 MPrepaid expenses and other assets: -$3,273,000,000.00Prepaid & other assets−$3.27 BDeferred income taxes: $477,000,000.00Deferred income taxes+$477.00 MAccounts receivable: -$1,083,000,000.00Accounts receivable−$1.08 BAccounts payable, accrued and other liabilities: $3,588,000,000.00Payables & accrued liabilities+$3.59 BOperating lease vehicles: -$590,000,000.00Operating lease vehicles−$590.00 MDigital assets (gain) loss, net: -$589,000,000.00Unrealized digital assets, net−$589.00 MDepreciation, amortization and impairment: $5,368,000,000.00Depreciation, amort. & impairment+$5.37 BStock-based compensation: $1,999,000,000.00Stock-based compensation+$2.00 BNet cash from operating activities: $14,923,000,000.00Operating cash+$14.92 BOperating adjustments reconciliation: $13,378,000,000.00Principal payments on finance leases: -$381,000,000.00Finance lease payments−$381.00 MRepayments of debt: -$2,500,000,000.00Convertible debt repaid−$2.50 BPayments for buy-outs of noncontrolling interests in subsidiaries: -$133,000,000.00Payments for buy-outs of noncontrolling interests insubsidiaries−$133.00 MProceeds from exercises of stock options and other stock issuances: $1,241,000,000.00Employee stock plans & options+$1.24 BDistributions paid to noncontrolling interests in subsidiaries: -$104,000,000.00Paid to noncontrolling interests−$104.00 MDebt issuance costs: -$14,000,000.00Debt issuance costs−$14.00 MProceeds from issuances of debt: $5,744,000,000.00Debt issued+$5.74 BNet cash from financing activities: $3,853,000,000.00Financing cash+$3.85 Bfinancing reconciliation: $6,985,000,000.00Proceeds from sales of digital assets: $0.00Purchases of investments: -$35,955,000,000.00Investment purchases−$35.96 BBusiness combinations, net of cash acquired: $0.00Purchases of solar energy systems, net of sales: -$3,000,000.00Purchases of solar energy systems, net of sales−$3.00 MPurchase of intangible assets: $0.00Proceeds from sales of investments: $200,000,000.00Short-term investment sales+$200.00 MReceipt of government grants: $0.00Purchases of property and equipment excluding finance leases, net of sales: -$11,339,000,000.00PP&E purchases−$11.34 BProceeds from maturities of investments: $28,310,000,000.00Investment sales & maturities+$28.31 BNet cash used in investing activities: -$18,787,000,000.00. Cash required to fund net payments.Investing cash−$18.79 Binvesting reconciliation: $47,297,000,000.00Cash sources and uses: $35,965,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $17,189,000,000.00Beginning cash$17.19 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $17,037,000,000.00Ending cash$17.04 BExchange-rate effect: -$141,000,000.00FX effect−$141.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$3.58 BOperating cash − cash spent on PP&ECash flow / Net income2.09×Operating cash flow ÷ net incomeNet cash change−$152.00 MEnding cash − beginning cash
Chart details

Tesla, Inc. cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024

Cash flows for Jan 1, 2024 through Dec 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2023. Ending cash: Dec 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
17,189,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
14,923,000,000 US dollars. Net cash provided.
Net income
7,153,000,000 US dollars
Deferred revenue
502,000,000 US dollars
Inventory and purchase commitments write-downs
335,000,000 US dollars
Foreign currency transaction net unrealized loss (gain)
negative 73,000,000 US dollars
Non-cash interest and other operating activities
172,000,000 US dollars
Inventory
937,000,000 US dollars
Prepaid expenses and other assets
negative 3,273,000,000 US dollars
Deferred income taxes
477,000,000 US dollars
Accounts receivable
negative 1,083,000,000 US dollars
Accounts payable, accrued and other liabilities
3,588,000,000 US dollars
Operating lease vehicles
negative 590,000,000 US dollars
Digital assets (gain) loss, net
negative 589,000,000 US dollars
Depreciation, amortization and impairment
5,368,000,000 US dollars
Stock-based compensation
1,999,000,000 US dollars
Investing activities
negative 18,787,000,000 US dollars. Net cash used.
Proceeds from sales of digital assets
0 US dollars
Purchases of investments
negative 35,955,000,000 US dollars
Business combinations, net of cash acquired
0 US dollars
Purchases of solar energy systems, net of sales
negative 3,000,000 US dollars
Purchase of intangible assets
0 US dollars
Proceeds from sales of investments
200,000,000 US dollars
Receipt of government grants
0 US dollars
Purchases of property and equipment excluding finance leases, net of sales
negative 11,339,000,000 US dollars
Proceeds from maturities of investments
28,310,000,000 US dollars
Financing activities
3,853,000,000 US dollars. Net cash provided.
Principal payments on finance leases
negative 381,000,000 US dollars
Repayments of debt
negative 2,500,000,000 US dollars
Payments for buy-outs of noncontrolling interests in subsidiaries
negative 133,000,000 US dollars
Proceeds from exercises of stock options and other stock issuances
1,241,000,000 US dollars
Distributions paid to noncontrolling interests in subsidiaries
negative 104,000,000 US dollars
Debt issuance costs
negative 14,000,000 US dollars
Proceeds from issuances of debt
5,744,000,000 US dollars
Operating adjustment reconciliation
13,378,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
6,985,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
47,297,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 141,000,000 US dollars
Ending cash on Dec 31, 2024
17,037,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
35,965,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 152,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.09×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
14,923,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
11,339,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
3,584,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $7.77B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 14,923,000,000 US dollars minus 11,339,000,000 US dollars equals 3,584,000,000 US dollars.
Tesla, Inc. (TSLA) FY2024 Annual Statement of Cash Flows Sankey chart
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