Tesla Inc
For the period ended Dec 31, 2023. Filed Jan 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jan 29, 2024
TSLA$379.78+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Cash Flows from Operating Activities | |||
| Net income | $14,974 | $12,587 | $5,644 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, amortization and impairment | 4,667 | 3,747 | 2,911 |
| Stock-based compensation | 1,812 | 1,560 | 2,121 |
| Inventory and purchase commitments write-downs | 463 | 177 | 140 |
| Foreign currency transaction net unrealized (gain) loss | (144) | 81 | (55) |
| Deferred income taxes | (6,349) | (196) | (149) |
| Non-cash interest and other operating activities | 81 | 340 | 245 |
| Digital assets loss (gain), net | — | 140 | (27) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (586) | (1,124) | (130) |
| Inventory | (1,195) | (6,465) | (1,709) |
| Operating lease vehicles | (1,952) | (1,570) | (2,114) |
| Prepaid expenses and other assets | (2,652) | (3,713) | (1,540) |
| Accounts payable, accrued and other liabilities | 2,605 | 8,029 | 5,367 |
| Deferred revenue | 1,532 | 1,131 | 793 |
| Net cash provided by operating activities | 13,256 | 14,724 | 11,497 |
| Cash Flows from Investing Activities | |||
| Purchases of property and equipment excluding finance leases, net of sales | (8,898) | (7,158) | (6,482) |
| Purchases of solar energy systems, net of sales | (1) | (5) | (32) |
| Purchases of digital assets | — | — | (1,500) |
| Proceeds from sales of digital assets | — | 936 | 272 |
| Purchase of intangible assets | — | (9) | — |
| Purchases of investments | (19,112) | (5,835) | (132) |
| Proceeds from maturities of investments | 12,353 | 22 | — |
| Proceeds from sales of investments | 138 | — | — |
| Receipt of government grants | — | 76 | 6 |
| Business combinations, net of cash acquired | (64) | — | — |
| Net cash used in investing activities | (15,584) | (11,973) | (7,868) |
| Cash Flows from Financing Activities | |||
| Proceeds from issuances of debt | 3,931 | — | 8,883 |
| Repayments of debt | (1,351) | (3,364) | (14,167) |
| Collateralized lease repayments | — | — | (9) |
| Proceeds from exercises of stock options and other stock issuances | 700 | 541 | 707 |
| Principal payments on finance leases | (464) | (502) | (439) |
| Debt issuance costs | (29) | — | (9) |
| Proceeds from investments by noncontrolling interests in subsidiaries | — | — | 2 |
| Distributions paid to noncontrolling interests in subsidiaries | (144) | (157) | (161) |
| Payments for buy-outs of noncontrolling interests in subsidiaries | (54) | (45) | (10) |
| Net cash provided by (used in) financing activities | 2,589 | (3,527) | (5,203) |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 4 | (444) | (183) |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 265 | (1,220) | (1,757) |
| Cash and cash equivalents and restricted cash, beginning of period | 16,924 | 18,144 | 19,901 |
| Cash and cash equivalents and restricted cash, end of period | $17,189 | $16,924 | $18,144 |
| Supplemental Non-Cash Investing and Financing Activities | |||
| Acquisitions of property and equipment included in liabilities | $2,272 | $2,148 | $2,251 |
| Supplemental Disclosures | |||
| Cash paid during the period for interest, net of amounts capitalized | $126 | $152 | $266 |
| Cash paid during the period for income taxes, net of refunds | $1,119 | $1,203 | $561 |
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