What is Tesla Cash, Cash Equivalents, Marketable Securities?
Tesla‘s quarterly cash, cash equivalents, marketable securities
declined
from Dec. 2023 ($29,094.00 Mil) to Mar. 2024 ($26,863.00 Mil) but then
increased
from Mar. 2024 ($26,863.00 Mil) to Jun. 2024 ($30,720.00 Mil).
Tesla‘s annual cash, cash equivalents, marketable securities
increased
from Dec. 2021 ($17,707.00 Mil) to Dec. 2022 ($22,185.00 Mil) and
increased
from Dec. 2022 ($22,185.00 Mil) to Dec. 2023 ($29,094.00 Mil).
Tesla Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Tesla‘s Cash, Cash Equivalents, Marketable Securities can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company’s associated stock exchange currency.
Tesla Cash, Cash Equivalents, Marketable Securities Chart
Tesla Cash, Cash Equivalents, Marketable Securities Calculation
Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.
Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.
Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.
A high number means either:
1) The company has competitive advantage generating lots of cash
2) Just sold a business or bonds (not necessarily good)
A low stockpile of cash usually means poor to mediocre economics.
There are 3 ways to create large cash reserve.
1) Sell new bonds or equity to public
2) Sell business or asset
3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)
When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.
Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.
Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.
Tesla Cash, Cash Equivalents, Marketable Securities Related Terms
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Tesla Business Description
Traded in Other Exchanges
Address
1 Tesla Road, Austin, TX, USA, 78725
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.
Executives
| Vaibhav Taneja | officer: Chief Accounting Officer | 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
| Xiaotong Zhu | officer: SVP, Automotive | 1 TESLA ROAD, AUSTIN TX 78725 |
| Andrew D Baglino | officer: SVP Powertrain and Energy Eng. | 3500 DEER CREEK ROAD, FREMONT CA 94538 |
| Zachary Kirkhorn | officer: Chief Financial Officer | 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
| Kimbal Musk | director | C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
| Elon Musk | director, 10 percent owner, officer: CEO | C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304 |
| Joseph Gebbia | director | C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103 |
| Kathleen Wilson-thompson | director | PO BOX 3599, BATTLE CREEK MI 49016-3599 |
| Robyn M Denholm | director | 4150 NETWORK CIRCLE, SANTA CLARA CA 95054 |
| Ira Matthew Ehrenpreis | director | 100 SHORELINE HWY, SUITE 282, BLDG. B, MILL VALLEY CA 94941 |
| Jerome M Guillen | officer: VP Service and Sales Ops | 3500 DEER CREEK RD., PALO ALTO CA 94304 |
| Antonio J. Gracias | director | C/O VALOR EQUITY PARTNERS, 200 SOUTH MICHIGAN AVENUE, SUITE 1020, CHICAGO IL 60604 |
| Hiromichi Mizuno | director | 1-2-33-A504, KOMAZAWA, SETAGAYA, TOKYO M0 154-0012 |
| Lawrence Joseph Ellison | director | C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511 |
| Stephen T Jurvetson | director | 2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025 |
