Tesla just released their corporate annual report a couple of weeks ago on January 26th, 2024. In their annual report (10-k filing with the SEC) they include their financial statements along with managerial analysis of the firm.
Visit Tesla’s 10-k filing using the following link. Scroll down and click on “Financial Statements” in the Table of Contents to locate the balance sheet and income statement.
https://www.sec.gov/Archives/edgar/data/1318605/000162828024002390/tsla-20231231.htmLinks to an external site.
1. Look critically at Tesla’s income statement over the last three years. Are they profitable? How do you know?
You can also use trend analysis or common-sizing.
2. Then look at changes on the balance sheet over time. Is it improving over time?
Calculate 2 ratios and use them to support your analysis.
3. Read the following analyst’s thoughts on Tesla’s balance sheet and financial performance:
https://www.publish0x.com/my-thoughts-on-current-events/tesla-ok-or-continue-xrxprwnLinks to an external site.
4. Lastly, view this short (6 min) video on the limitations of financial ratios.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more