Tesla, Inc. (TSLA) FY2024 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-04-01 to 2024-06-30

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Tesla, Inc. cash flow reconciliation, Apr 1, 2024 through Jun 30, 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: $1,494,000,000.00Inventory → Operating adjustments reconciliation: $1,783,000,000.00Depreciation, amortization and impairment → Operating adjustments reconciliation: $1,278,000,000.00Stock-based compensation → Operating adjustments reconciliation: $439,000,000.00Deferred income taxes → Operating adjustments reconciliation: $144,000,000.00Accounts receivable → Operating adjustments reconciliation: $137,000,000.00Inventory and purchase commitments write-downs → Operating adjustments reconciliation: $78,000,000.00Non-cash interest and other operating activities → Operating adjustments reconciliation: $68,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $2,118,000,000.00Operating adjustments reconciliation → Accounts payable, accrued and other liabilities: $998,000,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $658,000,000.00Operating adjustments reconciliation → Deferred revenue: $89,000,000.00Operating adjustments reconciliation → Operating lease vehicles: $37,000,000.00Operating adjustments reconciliation → Foreign currency transaction net unrealized gain: $27,000,000.00Proceeds from issuances of debt → financing reconciliation: $3,119,000,000.00Proceeds from exercises of stock options and other stock issuances → financing reconciliation: $197,000,000.00financing reconciliation → Net cash from financing activities: $2,540,000,000.00financing reconciliation → Repayments of debt: $631,000,000.00financing reconciliation → Principal payments on finance leases: $100,000,000.00financing reconciliation → Payments for buy-outs of noncontrolling interests in subsidiaries: $23,000,000.00financing reconciliation → Distributions paid to noncontrolling interests in subsidiaries: $20,000,000.00financing reconciliation → Debt issuance costs: $2,000,000.00Net cash used in investing activities → investing reconciliation: $3,225,000,000.00Proceeds from maturities of investments → investing reconciliation: $6,990,000,000.00Proceeds from sales of investments → investing reconciliation: $200,000,000.00investing reconciliation → Purchases of investments: $8,143,000,000.00investing reconciliation → Purchases of property and equipment excluding finance leases, net of sales: $2,270,000,000.00investing reconciliation → Purchases of solar energy systems, net of sales: $2,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $12,464,000,000.00Net cash from operating activities → Cash sources and uses: $3,612,000,000.00Net cash from financing activities → Cash sources and uses: $2,540,000,000.00Cash sources and uses → Exchange-rate effect: $37,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $15,354,000,000.00Cash sources and uses → Net cash used in investing activities: $3,225,000,000.00Prepaid expenses and other assets: -$658,000,000.00Prepaid & other assets−$658.00 MOperating lease vehicles: -$37,000,000.00Operating lease vehicles−$37.00 MNet income: $1,494,000,000.00Net income+$1.49 BStock-based compensation: $439,000,000.00Stock-based compensation+$439.00 MAccounts receivable: $137,000,000.00Accounts receivable+$137.00 MDeferred revenue: -$89,000,000.00Deferred revenue−$89.00 MDepreciation, amortization and impairment: $1,278,000,000.00Depreciation, amort. & impairment+$1.28 BDeferred income taxes: $144,000,000.00Deferred income taxes+$144.00 MInventory and purchase commitments write-downs: $78,000,000.00Inventory write-downs+$78.00 MAccounts payable, accrued and other liabilities: -$998,000,000.00Payables & accrued liabilities−$998.00 MForeign currency transaction net unrealized gain: -$27,000,000.00Unrealized FX gain & loss−$27.00 MNon-cash interest and other operating activities: $68,000,000.00Non-cash interest & other+$68.00 MInventory: $1,783,000,000.00Inventories+$1.78 BNet cash from operating activities: $3,612,000,000.00Operating cash+$3.61 BOperating adjustments reconciliation: $3,927,000,000.00Repayments of debt: -$631,000,000.00Convertible debt repaid−$631.00 MPrincipal payments on finance leases: -$100,000,000.00Finance lease payments−$100.00 MProceeds from issuances of debt: $3,119,000,000.00Debt issued+$3.12 BDistributions paid to noncontrolling interests in subsidiaries: -$20,000,000.00Paid to noncontrolling interests−$20.00 MPayments for buy-outs of noncontrolling interests in subsidiaries: -$23,000,000.00Payments for buy-outs of noncontrolling interests insubsidiaries−$23.00 MDebt issuance costs: -$2,000,000.00Debt issuance costs−$2.00 MProceeds from exercises of stock options and other stock issuances: $197,000,000.00Employee stock plans & options+$197.00 MNet cash from financing activities: $2,540,000,000.00Financing cash+$2.54 Bfinancing reconciliation: $3,316,000,000.00Purchases of solar energy systems, net of sales: -$2,000,000.00Purchases of solar energy systems, net of sales−$2.00 MProceeds from maturities of investments: $6,990,000,000.00Investment sales & maturities+$6.99 BPurchases of investments: -$8,143,000,000.00Investment purchases−$8.14 BPurchases of property and equipment excluding finance leases, net of sales: -$2,270,000,000.00PP&E purchases−$2.27 BBusiness combinations, net of cash acquired: $0.00Proceeds from sales of investments: $200,000,000.00Short-term investment sales+$200.00 MNet cash used in investing activities: -$3,225,000,000.00. Cash required to fund net payments.Investing cash−$3.23 Binvesting reconciliation: $10,415,000,000.00Cash sources and uses: $18,616,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $12,464,000,000.00Beginning cash$12.46 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $15,354,000,000.00Ending cash$15.35 BExchange-rate effect: -$37,000,000.00FX effect−$37.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$1.34 BOperating cash − cash spent on PP&ECash flow / Net income2.42×Operating cash flow ÷ net incomeNet cash change+$2.89 BEnding cash − beginning cash
Chart details

Tesla, Inc. cash flow reconciliation, Apr 1, 2024 through Jun 30, 2024

Cash flows for Apr 1, 2024 through Jun 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2024. Ending cash: Jun 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2024
12,464,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
3,612,000,000 US dollars. Net cash provided.
Prepaid expenses and other assets
negative 658,000,000 US dollars
Operating lease vehicles
negative 37,000,000 US dollars
Net income
1,494,000,000 US dollars
Stock-based compensation
439,000,000 US dollars
Accounts receivable
137,000,000 US dollars
Deferred revenue
negative 89,000,000 US dollars
Depreciation, amortization and impairment
1,278,000,000 US dollars
Deferred income taxes
144,000,000 US dollars
Inventory and purchase commitments write-downs
78,000,000 US dollars
Accounts payable, accrued and other liabilities
negative 998,000,000 US dollars
Foreign currency transaction net unrealized gain
negative 27,000,000 US dollars
Non-cash interest and other operating activities
68,000,000 US dollars
Inventory
1,783,000,000 US dollars
Investing activities
negative 3,225,000,000 US dollars. Net cash used.
Purchases of solar energy systems, net of sales
negative 2,000,000 US dollars
Proceeds from maturities of investments
6,990,000,000 US dollars
Purchases of investments
negative 8,143,000,000 US dollars
Purchases of property and equipment excluding finance leases, net of sales
negative 2,270,000,000 US dollars
Business combinations, net of cash acquired
0 US dollars
Proceeds from sales of investments
200,000,000 US dollars
Financing activities
2,540,000,000 US dollars. Net cash provided.
Repayments of debt
negative 631,000,000 US dollars
Principal payments on finance leases
negative 100,000,000 US dollars
Proceeds from issuances of debt
3,119,000,000 US dollars
Distributions paid to noncontrolling interests in subsidiaries
negative 20,000,000 US dollars
Payments for buy-outs of noncontrolling interests in subsidiaries
negative 23,000,000 US dollars
Debt issuance costs
negative 2,000,000 US dollars
Proceeds from exercises of stock options and other stock issuances
197,000,000 US dollars
Operating adjustment reconciliation
3,927,000,000 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
3,316,000,000 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
10,415,000,000 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 37,000,000 US dollars
Ending cash on Jun 30, 2024
15,354,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
18,616,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
2,890,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.42×. 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
3,612,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
2,270,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,342,000,000 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 $2.12B 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: 3,612,000,000 US dollars minus 2,270,000,000 US dollars equals 1,342,000,000 US dollars.
Tesla, Inc. (TSLA) FY2024 Q2 Statement of Cash Flows Sankey chart
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