Question

Tesla Inc.
Consolidated Balance Sheets
(in thousands, except per share data)	31 Dec '17	31 Dec '16	31 Dec '15	31 Dec '14	31 Dec '13	31 Dec '12	31 Dec '11
Total assets	28,655	22,664	8,068	5,831	2,417	1,114	713
Total current assets	6,571	6,260	2,782	3,180	1,266	525	373
Cash and cash equivalents	3,368	3,393	1,197	1,906	846	202	255
Short-term marketable securities	--	--	--	--	--	--	25
Restricted cash and marketable securities	155	106	23	18	3	19	23
Accounts receivable	515	499	169	227	49	27	10
Inventory	2,264	2,067	1,278	954	340	269	50
Prepaid expenses and other current assets	268	194	116	76	28	8	9
Operating lease vehicles, net	4,117	3,134	1,791	767	382	10	12
Solar energy systems, leased and to be leased, net	6,347	5,920	0	--	--	--	--
Property, plant and equipment, net	10,028	5,983	3,403	1,829	738	552	298
Intangible assets, net	422	376	13	--	--	--	--
Intangible assets, net excluding goodwill	362
Goodwill	60
MyPower customer notes receivable, net of current portion	457	506	0	--	--	--	--
Restricted cash	442	268	32	11	6	5	8
Other assets, net	273	217	47	43	24	22	22
Total liabilities and stockholders equity	28,655	22,664	8,068	5,831	2,417	1,114	713
Total liabilities	23,023	16,750	6,937	4,861	1,750	989	489
Total current liabilities	7,675	5,827	2,811	2,107	675	539	191
Accounts payable and accrued liabilities	4,122	3,070	1,339	1,047	412	343	88
Accounts payable	2,390	1,860	916	778	304	303	56
Accrued liabilities	1,731	1,210	423	269	108	40	32
Deferred revenue	1,015	763	424	192	92	2	2
Capital lease obligations		--	--	--	8	4	1
Resale value guarantees	797	180	137	0	--	--	--
Customer deposits	854	664	283	258	163	139	92
Convertible senior notes and other debt		--	--	--	0	0	--
Current portion of long-term debt and capital leases	897	1,150	628	611	--	51	8
Current portion of long-term debt and capital leases excluding current portion of solar bonds issued to related parties	797	984	628	611	--	51	8
Current portion of solar bonds issued to related parties	100	166	0	--	--	--	--
Long-term debt and capital leases	9,418	5,970	2,021	1,819	586	401	268
Long-term debt and capital leases, net of current portion	9,416	5,860	2,021	--	--	401	--
Convertible senior notes and other debt	3	10	0	--	586	0	--
Solar bonds issued to related parties, net of current portion	0	99	0	--	--	--	--
Common stock warrant liability		--	--	--	--	11	9
Capital lease obligations - non current	--	--	--	--	13	10	3
Deferred revenue - non current	1,178	852	446	292	181	3	3
Capital lease obligations
Other long-term liabilities	4,752	4,102	1,659	643	294	25	15
Resale value guarantees	2,309	2,210	1,294	488	236	0	--
Other long-term liabilities excluding resale value guarantees	2,443	1,891	365	155	58	25	15
Redeemable noncontrolling interests in subsidiaries	398	367	0	--	--	--	--
Convertible senior notes	0	9	47	58	0	--	--
Total stockholders equity	4.237	4,753	1,084	912	667	125	224
Preferred stock	0	0	0	0	0	0	0
Common stock	0	0	0	0	0	0	0
Additional paid-in capital	9,178	7,774	3,409	2,345	1,807	1,190	893
Accumulated deficit	-4,941	-3,021	-2,326	-1,434	-1,140	-1,066	-669
Accumulated other comprehensive loss	33	-24	-4	-0	--	--	-0
Accumulated deficit excluding accumulated other comprehensive loss	-4,977	-2,997	-2,322	-1,434	--	--	-669
Noncontrolling interests in subsidiaries	997	785	0	--	--	--	--

What products (services) does Tesla sell?

What is their competitive advantage?

What is their business strategy?

Who are their major competitors?

What are the major risks to their business?

Answer 1

What products (services) does Tesla sell

Tesla gives vehicle on lease and solar energy on lease.

What is their competitive advantage?

Tesla gives resale value gurantees to customer

It also has goodwill in the market.

What is their business strategy?

It takes the deposits from the customer as security

It has also kept some extra cash & market security for unforseeable future.

Who are their major competitors?

The major competitors would be the other players in the same line of business.

What are the major risks to their business?

It has borrowed a lot of money as long term debt and issue of bonds.

The accounts payable & accrued liabilities of the company is increasing every year .

The accumulated deficit of the company is very high.

Note-

Best effort have been made to answer the question correctly, in case of any discrepencies kindly comment and i will try to resolve it as soon as possible.

Please provide positive feedback.