Tesla Financial Performance from Time to Time

Tesla Financial Performance from Time to Time– Tesla is one of the companies with some innovative products. Tesla inc is fully electric vehicles, energy generation, storage systems, and offers services related to sustainable energy products. They have miscellaneous sustainable products with have been sold in many countries. Many people usually know Tesla for innovative and green products.

Historically, this company was founded on July 1^st, 2003, by Martin Eberhard and Marc Tarpenning. As of now, this company has its main office in Tesla Road, Austin, Texas, United States of America. With the help of Elon Musk as an investor and leader in this company. Tesla now become one of the biggest automotive companies in the World. Elon Reeve Musk or known as Elon Musk was born on June 28, 1971, they also founded PayPal in 1999. He joins Tesla in 2004 and still become the CEO of Tesla until now. In automotive products, Telsa has launched some electric cars, namely Model 3, Model X, Model S, and Model Y. Besides producing cars, they also produce some green products, namely lithium-ion batteries, Solar Panels.

Along with the business development of the company, Tesla has some factories in some countries around the Globe. These factories are in Giga Nevada (Gigafactory 1), Giga New York (Gigafactory 2), Giga Shanghai (Gigafactory 3), Giga Berlin (Gigafactory 4), and Giga Texas (Gigafactory 5). They can expand or build new factories because of the bright future of Electric cars.

The Assets, Liabilities, and Equities of Tesla from Time to Time

Years	Assets	Liabilities	Equities
	in Billion	in Billion	in Billion
	US Dollars	US Dollars	US Dollars
2010	0.386	0.179	0.207
2011	0.713	0.489	0.224
2012	1.1	0.989	0.111
2013	2.4	1.7	0.7
2014	5.8	4.8	1
2015	8	6.9	1.1
2016	22.6	16.7	5.9
2017	28.6	23	5.6
2018	29.7	23.4	6.3
2019	34.3	26.1	8.2
2020	52.1	28.4	23.7
2021	62.1	30.5	31.6
Source : Tesla Annual Report, 2010-2021

Financially, based on the annual report from 2010 to 2021, the assets and equities of tesla are growing from time to time. In 2010, the asset of Tesla is just 386 million US Dollars with equities of around 207 million US Dollars. After a decade, in 2021, the assets of Tesla become 62.1 billion US Dollars and Equities become 31.6 billion US Dollars.

The Revenue and Net Income of Tesla from Time to Time

Years	Revenue	Income
	in Billion	in Billion
	US Dollars	US Dollars
2010	0.116	(-0.154)
2011	0.204	(-0.254)
2012	0.413	(-0.396)
2013	2	(-0.074)
2014	3.1	(-0.294)
2015	4	(-0.888)
2016	7	(-0.773)
2017	11.7	(-2.209)
2018	21.4	(-1.065)
2019	24.5	(-0.775)
2020	31.5	0.862
2021	53.8	5.6
Source : Tesla Annual Report, 2010-2021

In the Business Performance of this company, Tesla showed better performance from time to time. This company can generate net income in the last 2 years, in 2020 and 2021. Financially, in 2010, the revenue of Tesla is around 116 million US Dollars, and experience a net loss of 154 million US Dollars. For almost 10 years, tesla experienced a net loss. It happens from 2010 until 2018. Financially, in 2021, the revenue of tesla become 53.8 billion US Dollars, and Net Income around 5.6 billion US Dollars.

Tesla Financial- The Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR)

Financially, the Debt-to-Equity ratio (DER) of tesla from 2001 to 2021 is about 3.4, and the value of the Debt to Asset ratio (DAR) is about 0.71. These two parameters can show the financial fundamentals of the company. The less value of the Debt of equity ratio (DER) and Debt asset ratio (DAR), the better and healthier of financial company. Basically, the company with a small ratio of DER and DAR can do the business more efficiently and fast because they can use their income and cash to expand their business without reducing the cash to repay the debt.