OUTLINE

1. Basic information
- Name: Tesla, Inc.
- Industry: automotive, renewable energy. Electric cars, battery energy storage
from home, grid-scales, solar panels, solar roof tiles, etc.
- Organizational chart:

- Registered capital: 2,100 mil shares at $0.001 each

- Market share: Tesla is ranked as the best-selling electric vehicle manufacturer
worldwide. It has a market share of about 66.3% as of 2021.
- Target customers: Tesla focuses on males (83.9%) and business executives.
The majority between 45-64 years old. 77.3% have an income over $100,000
and are considered to be wealthy and in the upper-middle class.
2. Financial performance (2020-2021)
Tesla is now worth as much as the combined market cap of the 9 largest
carmakers around the world, including automotive giants like Volkswagen and
Toyota.
- Revenue: 2020: $31,536 mil; 2021: $53,823 mil. Tesla’s revenue grew to
around 53.8 billion US dollars in the 2021 fiscal year, a 71% increase from the
previous year. More than 47 billion US dollars of the company’s revenue is
generated from Tesla’s automotive segment, which includes the design,
manufacturing, and sales of vehicles.
- Expenses:

- Net income:
+ 2020: $721 million
+ 2021: $5.5 billion
+ Quote: “2021 was a breakthrough year for Tesla, and for electric vehicles
in general. While we battled, as everyone did, with supply chain challenges
through the year, we managed to grow our volumes by nearly 90 percent
last year.”
- Assets, liabilities, equity:
- Cash flow:

Tesla raised $1.8 billion in August 2017 with a debt offering paying 5.3%
due in August 2025. At the time the company was hemorrhaging cash as it
ramped up its operations. Its operating cash flow in 2017 was a negative $61
million and including capital expenditures its free cash flow was a negative
$3.4 billion.

Tesla had started 2017 with $3.4 billion in cash but had $10.2 billion in
debt. This was a negative cash position of $6.8 billion.

Fast forward four years and Tesla is in a much better financial position. In
2020 it generated $5.94 billion in operating cash flow and $2.78 billion in
free cash flow after subtracting $3.16 billion in capital expenditures.

And in the first six months of this year it generated $3.77 billion in
operating cash flow vs. $524 million in the first six months of 2020. While
the company spent $2.85 billion for capital expenditures in the first half of
2021 compared to $1 billion a year ago, its positive free cash flow of $920
million eclipses the negative $477 million when you compare the first half of
the two years.

At the end of June this year Tesla had $16.2 billion in cash and $8 billion in
debt for a net cash position of $8.2 billion. Over the course of four years its
net cash position changed by $15 billion.

- Dividend distribution: Dividend information is presently unavailable for this

company. This could indicate that the company has never provided a dividend or that
a dividend is pending.

3. Sustainable development

a. Autopilot
- What is autopilot? Tesla Autopilot is what’s known as an autonomous driver
assistance system. In simple terms it’s a feature that allows a Tesla to ‘see’ the
cars and road around it, and drive itself to a limited degree.

- What autopilot can do: Basic Autopilot is a system that is installed on every
modern Tesla as a standard feature. This system includes very basic features
that lets the Tesla automatically accelerate up to a pre-set speed, brake for other
vehicles or pedestrians that it sees ahead, as well as minimal steering to keep
your car centered in a lane.

This Tesla Autopilot system is designed to “assist with the most burdensome
parts of driving” — namely driving long distances on highways and other similar
roads. These cars also come with emergency braking, collision alerts, blind spot
monitoring and adaptive cruise control. Crucially, that last feature only controls
acceleration and braking, leaving the driver to do the steering.

- What autopilot can’t do: The most important thing to remember about Autopilot
is that it does not turn your Tesla into a self-driving car. In Tesla’s own words, the
system can “do the wrong thing at the worst time,” and isn’t able to handle every
situation the same way an experienced human driver would. For example, some
people reported that during their time with Autopilot, the system seemed to
struggle recognizing that cars in other lanes were not directly ahead.

- Conclusion: Tesla Autopilot is an exceptionally useful tool, especially driving

long distances, but it has its limitations. Limitations that are well worth keeping
in mind before you get into the driver’s seat and let the car start controlling itself.

b. Tesla Bot

Elon Musk announced in 2021 that Tesla will begin developing a

humanoid robot called the Tesla Bot that is designed to perform
“unsafe, repetitive, or boring” tasks.

Tesla’s robot is one of the first non-automotive use cases of the

highly advanced robotics technology they have deployed in their
self-driving cars.

The robot is intended to be non-threatening for users, moving at a

slow pace. It is relatively lightweight, and has a small profile. Musk
assured the audience at his announcement event that the average
person will be able to overpower or outrun the robot easily in the
unlikely event that something goes awry.
This robot is expected to be released sometime this year, 2022. And
many are predicting that their robot could cost $10,000.