# embeddings_queue

created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e01e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 28, "chroma:document": "&\tSaf.\tCode\tsection\t25100\tet\tseq.\tand\tCal.\tCivil\tCode\t\u00a7\t1798.80.\tTesla\thas\timplemented\tvarious\tremedial\tmeasures,\tincluding\tconducting\ttraining\tand\n\t\naudits,\tand\tenhancements\tto\tits\tsite\twaste\tmanagement\tprograms.\tWhile\tthe\toutcome\tof\tthis\tmatter\tcannot\tbe\tdetermined\tat\tthis\ttime,\tit\tis\tnot\n\t\ncurrently\texpected\tto\thave\ta\tmaterial\tadverse\timpact\ton\tour\tbusiness.\nITEM\t4.\t\nMINE\tSAFETY\tDISCLOSURES\nNot\tapplicable.\n29"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e078-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 29, "chroma:document": "PART\tII\nITEM\t5.\t\nMARKET\tFOR\tREGISTRANT\u2019S\tCOMMON\tEQUITY,\tRELATED\tSTOCKHOLDER\tMATTERS\tAND\tISSUER\tPURCHASES\tOF\tEQUITY\n\t\nSECURITIES\nMarket\tInformation\nOur\tcommon\tstock\thas\ttraded\ton\tThe\tNASDAQ\tGlobal\tSelect\tMarket\tunder\tthe\tsymbol\t\u201cTSLA\u201d\tsince\tit\tbegan\ttrading\ton\tJune\t29,\t2010.\tOur\n\t\ninitial\tpublic\toffering\twas\tpriced\tat\tapproximately\t$1.13\tper\tshare\ton\tJune\t28,\t2010\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit\tand\tthe\tfive-for-\none\tstock\tsplit\teffected\tin\tthe\tform\tof\ta\tstock\tdividend\tin\tAugust\t2020\t(the\t\u201c2020\tStock\tSplit\u201d).\nHolders\nAs\tof\tJanuary\t25,\t2023,\tthere\twere\t8,686\tholders\tof\trecord\tof\tour\tcommon\tstock.\tA\tsubstantially\tgreater\tnumber\tof\tholders\tof\tour\tcommon\tstock\n\t\nare\t\u201cstreet\tname\u201d\tor\tbeneficial\tholders,\twhose\tshares\tare\theld\tby\tbanks,\tbrokers\tand\tother\tfinancial\tinstitutions.\nDividend\tPolicy\nWe\thave\tnever\tdeclared\tor\tpaid\tcash\tdividends\ton\tour\tcommon\tstock.\tWe\tcurrently\tdo\tnot\tanticipate\tpaying\tany\tcash\tdividends\tin\tthe\n\t\nforeseeable\tfuture.\tAny\tfuture\tdetermination\tto\tdeclare\tcash\tdividends\twill\tbe\tmade\tat\tthe\tdiscretion\tof\tour\tboard\tof\tdirectors,\tsubject\tto\tapplicable\n\t\nlaws,\tand\twill\tdepend\ton\tour\tfinancial\tcondition,\tresults\tof\toperations,\tcapital\trequirements,\tgeneral\tbusiness\tconditions\tand\tother\tfactors\tthat\tour\n\t\nboard\tof\tdirectors\tmay\tdeem\trelevant.\nStock\tPerformance\tGraph\nThis\tperformance\tgraph\tshall\tnot\tbe\tdeemed\t\u201cfiled\u201d\tfor\tpurposes\tof\tSection\t18\tof\tthe\tSecurities\tExchange\tAct\tof\t1934,\tas\tamended\t(the"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e0d2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 29, "chroma:document": "\u201cExchange\tAct\u201d),\tor\tincorporated\tby\treference\tinto\tany\tfiling\tof\tTesla,\tInc.\tunder\tthe\tSecurities\tAct\tof\t1933,\tas\tamended\t(the\t\u201cSecurities\tAct\u201d),\tor\tthe\n\t\nExchange\tAct,\texcept\tas\tshall\tbe\texpressly\tset\tforth\tby\tspecific\treference\tin\tsuch\tfiling.\nThe\tfollowing\tgraph\tshows\ta\tcomparison,\tfrom\tJanuary\t1,\t2018\tthrough\tDecember\t31,\t2022,\tof\tthe\tcumulative\ttotal\treturn\ton\tour\tcommon\tstock,\n\t\nThe\tNASDAQ\tComposite\tIndex\tand\ta\tgroup\tof\tall\tpublic\tcompanies\tsharing\tthe\tsame\tSIC\tcode\tas\tus,\twhich\tis\tSIC\tcode\t3711,\t\u201cMotor\tVehicles\tand\n\t\nPassenger\tCar\tBodies\u201d\t(Motor\tVehicles\tand\tPassenger\tCar\tBodies\tPublic\tCompany\tGroup).\tSuch\treturns\tare\tbased\ton\thistorical\tresults\tand\tare\tnot\n\t\nintended\tto\tsuggest\tfuture\tperformance.\tData\tfor\tThe\tNASDAQ\tComposite\tIndex\tand\tthe\tMotor\tVehicles\tand\tPassenger\tCar\tBodies\tPublic\tCompany\n\t\nGroup\tassumes\tan\tinvestment\tof\t$100\ton\tJanuary\t1,\t2018\tand\treinvestment\tof\tdividends.\tWe\thave\tnever\tdeclared\tor\tpaid\tcash\tdividends\ton\tour\n\t\ncommon\tstock\tnor\tdo\twe\tanticipate\tpaying\tany\tsuch\tcash\tdividends\tin\tthe\tforeseeable\tfuture.\n\t\n\t\n\t\n\t\n30"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e140-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 30, "chroma:document": "Unregistered\tSales\tof\tEquity\tSecurities\tand\tUse\tof\tProceeds\nNone\nPurchases\tof\tEquity\tSecurities\tby\tthe\tIssuer\tand\tAffiliated\tPurchasers\nNone.\nITEM\t6.\t\n[\nRESERVED]\n31"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e19a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 31, "chroma:document": "ITEM\t7.\t\nMANAGEMENT\u2019S\tDISCUSSION\tAND\tANALYSIS\tOF\tFINANCIAL\tCONDITION\tAND\tRESULTS\tOF\tOPERATIONS\nThe\tfollowing\tdiscussion\tand\tanalysis\tshould\tbe\tread\tin\tconjunction\twith\tthe\tconsolidated\tfinancial\tstatements\tand\tthe\trelated\tnotes\tincluded\n\t\nelsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\tFor\tfurther\tdiscussion\tof\tour\tproducts\tand\tservices,\ttechnology\tand\tcompetitive\tstrengths,\trefer\tto\tItem\n\t\n1-\tBusiness.\tFor\tdiscussion\trelated\tto\tchanges\tin\tfinancial\tcondition\tand\tthe\tresults\tof\toperations\tfor\tfiscal\tyear\t2021-related\titems,\trefer\tto\tPart\tII,\tItem\n\t\n7.\tManagement\u2019s\tDiscussion\tand\tAnalysis\tof\tFinancial\tCondition\tand\tResults\tof\tOperations\tin\tour\tAnnual\tReport\ton\tForm\t10-K\tfor\tfiscal\tyear\t2021,\n\t\nwhich\twas\tfiled\twith\tthe\tSecurities\tand\tExchange\tCommission\ton\tFebruary\t7,\t2022.\nOverview\tand\t2022\tHighlights\nOur\tmission\tis\tto\taccelerate\tthe\tworld\u2019s\ttransition\tto\tsustainable\tenergy.\tWe\tdesign,\tdevelop,\tmanufacture,\tlease\tand\tsell\thigh-performance\tfully\n\t\nelectric\tvehicles,\tsolar\tenergy\tgeneration\tsystems\tand\tenergy\tstorage\tproducts.\tWe\talso\toffer\tmaintenance,\tinstallation,\toperation,\tfinancial\tand\tother\n\t\nservices\trelated\tto\tour\tproducts.\tAdditionally,\twe\tare\tincreasingly\tfocused\ton\tproducts\tand\tservices\tbased\ton\tartificial\tintelligence,\trobotics\tand\n\t\nautomation.\nIn\t2022,\twe\tproduced\t1,369,611\tconsumer\tvehicles\tand\tdelivered\t1,313,851\tconsumer\tvehicles,\tdespite\tongoing\tsupply\tchain\tand\tlogistics\n\t\nchallenges\tand\tfactory\tshutdowns.\tWe\tare\tcurrently\tfocused\ton\tincreasing\tvehicle\tproduction,\tcapacity\tand\tdelivery\tcapabilities,\timproving\tand"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e1f4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 31, "chroma:document": "developing\tbattery\ttechnologies,\timproving\tour\tFSD\tcapabilities,\tincreasing\tthe\taffordability\tand\tefficiency\tof\tour\tvehicles,\tbringing\tnew\tproducts\tto\n\t\nmarket\tand\texpanding\tour\tglobal\tinfrastructure.\nIn\t2022,\twe\tdeployed\t6.5\tGWh\tof\tenergy\tstorage\tproducts\tand\t348\tmegawatts\tof\tsolar\tenergy\tsystems.\tWe\tare\tcurrently\tfocused\ton\tramping\n\t\nproduction\tof\tenergy\tstorage\tproducts,\timproving\tour\tSolar\tRoof\tinstallation\tcapability\tand\tefficiency,\tand\tincreasing\tmarket\tshare\tof\tretrofit\tand\tnew\n\t\nbuild\tsolar\tenergy\tsystems.\nIn\t2022,\twe\trecognized\ttotal\trevenues\tof\t$81.46\tbillion,\trespectively,\trepresenting\tan\tincrease\tof\t$27.64\tbillion,\tcompared\tto\tthe\tprior\tyear.\tWe\n\t\ncontinue\tto\tramp\tproduction,\tbuild\tnew\tmanufacturing\tcapacity\tand\texpand\tour\toperations\tto\tenable\tincreased\tdeliveries\tand\tdeployments\tof\tour\n\t\nproducts\tand\tfurther\trevenue\tgrowth.\nIn\t2022,\tour\tnet\tincome\tattributable\tto\tcommon\tstockholders\twas\t$12.56\tbillion,\trepresenting\ta\tfavorable\tchange\tof\t$7.04\tbillion,\tcompared\tto\n\t\nthe\tprior\tyear.\tWe\tcontinue\tto\tfocus\ton\timproving\tour\tprofitability\tthrough\tproduction\tand\toperational\tefficiencies.\nWe\tended\t2022\twith\t$22.19\tbillion\tin\tcash\tand\tcash\tequivalents\tand\tinvestments,\trepresenting\tan\tincrease\tof\t$4.48\tbillion\tfrom\tthe\tend\tof\t2021.\n\t\nOur\tcash\tflows\tprovided\tby\toperating\tactivities\tduring\t2022\tand\t2021\twere\t$14.72\tbillion\tand\t$11.50\tbillion,\trespectively,\trepresenting\tan\tincrease\tof"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e258-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 31, "chroma:document": "$3.23\tbillion.\tCapital\texpenditures\tamounted\tto\t$7.16\tbillion\tduring\t2022,\tcompared\tto\t$6.48\tbillion\tduring\t2021.\tSustained\tgrowth\thas\tallowed\tour\n\t\nbusiness\tto\tgenerally\tfund\titself,\tand\twe\twill\tcontinue\tinvesting\tin\ta\tnumber\tof\tcapital-intensive\tprojects\tin\tupcoming\tperiods.\nManagement\tOpportunities,\tChallenges\tand\tUncertainties\tand\t2023\tOutlook\nAutomotive\u2014Production\n\t\nThe\tfollowing\tis\ta\tsummary\tof\tthe\tstatus\tof\tproduction\tof\teach\tof\tour\tannounced\tvehicle\tmodels\tin\tproduction\tand\tunder\tdevelopment,\tas\tof\tthe\n\t\ndate\tof\tthis\tAnnual\tReport\ton\tForm\t10-K:\n\t\nProduction\tLocation\n\t\t\nVehicle\tModel(s)\n\t\t\nProduction\tStatus\nFremont\tFactory\n\t\t\nModel\tS\t/\tModel\tX\n\t\t\nActive\n\t\t\n\t\t\nModel\t3\t/\tModel\tY\n\t\t\nActive\nGigafactory\tShanghai\n\t\t\nModel\t3\t/\tModel\tY\n\t\t\nActive\nGigafactory\tBerlin-Brandenburg\n\t\t\nModel\tY\n\t\t\nActive\nGigafactory\tTexas\n\t\t\nModel\tY\n\t\t\nActive\n\t\t\n\t\t\nCybertruck\n\t\t\nTooling\n\t\nGigafactory\tNevada\n\t\t\nTesla\tSemi\n\t\t\nPilot\tproduction\nTBD\n\t\t\nTesla\tRoadster\n\t\t\nIn\tdevelopment\nTBD\n\t\nRobotaxi\t&\tOthers\n\t\nIn\tdevelopment\n\t\n\t\n32"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e2bc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 32, "chroma:document": "We\tare\tfocused\ton\tgrowing\tour\tmanufacturing\tcapacity,\twhich\tincludes\tramping\tall\tof\tour\tproduction\tvehicles\tto\ttheir\tinstalled\tproduction\n\t\ncapacities\tas\twell\tas\tincreasing\tproduction\trate,\tefficiency\tand\tcapacity\tat\tour\tcurrent\tfactories.\tThe\tnext\tphase\tof\tproduction\tgrowth\twill\tdepend\ton\n\t\nthe\tramp\tat\tGigafactory\tBerlin-Brandenburg\tand\tGigafactory\tTexas,\tas\twell\tas\tour\tability\tto\tadd\tto\tour\tavailable\tsources\tof\tbattery\tcell\tsupply\tby\n\t\nmanufacturing\tour\town\tcells\tthat\twe\tare\tdeveloping\tto\thave\thigh-volume\toutput,\tlower\tcapital\tand\tproduction\tcosts\tand\tlonger\trange.\tOur\tgoals\tare\tto\n\t\nimprove\tvehicle\tperformance,\tdecrease\tproduction\tcosts\tand\tincrease\taffordability.\n\t\nHowever,\tthese\tplans\tare\tsubject\tto\tuncertainties\tinherent\tin\testablishing\tand\tramping\tmanufacturing\toperations,\twhich\tmay\tbe\texacerbated\tby\n\t\nthe\tnew\tproduct\tand\tmanufacturing\ttechnologies\twe\tare\tintroducing,\tthe\tnumber\tof\tconcurrent\tinternational\tprojects,\tany\tindustry-wide\tcomponent\n\t\nconstraints,\tlabor\tshortages\tand\tany\tfuture\timpact\tfrom\tevents\toutside\tof\tour\tcontrol\tsuch\tas\tthe\tCOVID-19\tpandemic.\tMoreover,\twe\thave\tset\tambitious\n\t\ntechnological\ttargets\twith\tour\tplans\tfor\tbattery\tcells\tas\twell\tas\tfor\titerative\tmanufacturing\tand\tdesign\timprovements\tfor\tour\tvehicles\twith\teach\tnew\n\t\nfactory.\nAutomotive\u2014Demand\tand\tSales\nOur\tcost\treduction\tefforts,\tcost\tinnovation\tstrategies,\tand\tadditional\tlocalized\tprocurement\tand\tmanufacturing\tare\tkey\tto\tour\tvehicles\u2019\n\t\naffordability,\tand\tfor\texample,\thave\tallowed\tus\tto\tcompetitively\tprice\tour\tvehicles\tin\tChina.\tWe\twill\talso\tcontinue\tto\tgenerate\tdemand\tand\tbrand"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e316-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 32, "chroma:document": "awareness\tby\timproving\tour\tvehicles\u2019\tperformance\tand\tfunctionality,\tincluding\tthrough\tproducts\tbased\ton\tartificial\tintelligence\tsuch\tas\tAutopilot\tand\n\t\nFSD,\tand\tother\tsoftware\tfeatures,\tand\tdelivering\tnew\tvehicles,\tsuch\tas\tthe\tTesla\tSemi\tin\tDecember\t2022.\tMoreover,\twe\texpect\tto\tcontinue\tto\tbenefit\n\t\nfrom\tongoing\telectrification\tof\tthe\tautomotive\tsector\tand\tincreasing\tenvironmental\tawareness.\n\t\nHowever,\twe\toperate\tin\ta\tcyclical\tindustry\tthat\tis\tsensitive\tto\tpolitical\tand\tregulatory\tuncertainty,\tincluding\twith\trespect\tto\ttrade\tand\tthe\n\t\nenvironment,\tall\tof\twhich\tcan\tbe\tcompounded\tby\tinflationary\tpressures,\trising\tenergy\tprices,\tincreases\tin\tinterest\trates\tand\tany\tfuture\tglobal\timpact\n\t\nfrom\tthe\tCOVID-19\tpandemic.\tFor\texample,\tin\tthe\tearlier\tpart\tof\t2022,\tthe\tautomotive\tindustry\tin\tgeneral\texperienced\tpart\tshortages\tand\tsupplier\n\t\ndisruptions\twhich\timpacted\tproduction\tleading\tto\ta\tgeneral\tincrease\tin\tvehicle\tpricing.\tAs\tthe\tyear\tprogressed,\tinflationary\tpressures\tincreased\tacross\n\t\nthe\tmarkets\tin\twhich\twe\toperate.\tIn\tan\teffort\tto\tcurb\tthis\ttrend,\tcentral\tbanks\tin\tdeveloped\tcountries\traised\tinterest\trates\trapidly\tand\tsubstantially,\n\t\nimpacting\tthe\taffordability\tof\tvehicle\tlease\tand\tfinance\tarrangements.\tFurther,\tsales\tof\tvehicles\tin\tthe\tautomotive\tindustry\talso\ttend\tto\tbe\tcyclical\tin\n\t\nmany\tmarkets,\twhich\tmay\texpose\tus\tto\tincreased\tvolatility\tas\twe\texpand\tand\tadjust\tour\toperations.\tMoreover,\tas\tadditional\tcompetitors\tenter\tthe\n\t\nmarketplace\tand\thelp\tbring\tthe\tworld\tcloser\tto\tsustainable\ttransportation,\twe\twill\thave\tto\tadjust\tand\tcontinue\tto\texecute\twell\tto\tmaintain\tour"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e370-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 32, "chroma:document": "momentum.\tThese\tmacroeconomic\tand\tindustry\ttrends\thave\thad,\tand\twill\tlikely\tcontinue\tto\thave,\tan\timpact\ton\tthe\tpricing\tof,\tand\torder\trate\tfor\tour\n\t\nvehicles,\tand\twe\twill\tcontinue\tto\tadjust\taccordingly\tto\tsuch\tdevelopments.\nAutomotive\u2014Deliveries\tand\tCustomer\tInfrastructure\n\t\nAs\tour\tproduction\tincreases,\twe\tmust\twork\tconstantly\tto\tsimilarly\tincrease\tvehicle\tdelivery\tcapability\tso\tthat\tit\tdoes\tnot\tbecome\ta\tbottleneck\ton\n\t\nour\ttotal\tdeliveries.\tBeginning\tthe\tsecond\thalf\tof\t2022,\tdue\tto\tcontinuing\tchallenges\tcaused\tby\tvehicle\ttransportation\tcapacity\tduring\tpeak\tdelivery\n\t\nperiods,\twe\tbegan\ttransitioning\tto\ta\tmore\teven\tregional\tmix\tof\tvehicle\tbuilds\teach\tweek,\twhich\tled\tto\tan\tincrease\tin\tcars\tin\ttransit\tat\tthe\tend\tof\tthe\n\t\nyear.\tIncreasing\tthe\texports\tof\tvehicles\tmanufactured\tat\tGigafactory\tShanghai\thas\talso\tbeen\teffective\tin\tmitigating\tthe\tstrain\ton\tour\tdeliveries\tin\n\t\nmarkets\toutside\tof\tthe\tUnited\tStates,\tand\twe\texpect\tto\tbenefit\tfurther\tfrom\tsituating\tadditional\tfactories\tcloser\tto\tlocal\tmarkets,\tincluding\tthe\n\t\nproduction\tlaunch\tat\tGigafactory\tBerlin-Brandenburg\tand\tGigafactory\tAustin.\tAs\twe\texpand\tour\tmanufacturing\toperations\tglobally,\twe\twill\talso\thave\tto\n\t\ncontinue\tto\tincrease\tand\tstaff\tour\tdelivery,\tservicing\tand\tcharging\tinfrastructure\taccordingly,\tmaintain\tour\tvehicle\treliability\tand\toptimize\tour\n\t\nSupercharger\tlocations\tto\tensure\tcost\teffectiveness\tand\tcustomer\tsatisfaction.\tIn\tparticular,\twe\tremain\tfocused\ton\tincreasing\tthe\tcapability\tand\n\t\nefficiency\tof\tour\tservicing\toperations.\nEnergy\tGeneration\tand\tStorage\tDemand,\tProduction\tand\tDeployment"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e3d4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 32, "chroma:document": "The\tlong-term\tsuccess\tof\tthis\tbusiness\tis\tdependent\tupon\tincreasing\tmargins\tthrough\tgreater\tvolumes.\tWe\tcontinue\tto\tincrease\tthe\tproduction\n\t\nof\tour\tenergy\tstorage\tproducts\tto\tmeet\thigh\tlevels\tof\tdemand.\tFor\tMegapack,\tenergy\tstorage\tdeployments\tcan\tvary\tmeaningfully\tquarter\tto\tquarter\n\t\ndepending\ton\tthe\ttiming\tof\tspecific\tproject\tmilestones.\tFor\tPowerwall,\tbetter\tavailability\tand\tgrowing\tgrid\tstability\tconcerns\tdrive\thigher\tcustomer\n\t\ninterest.\tWe\tremain\tcommitted\tto\tgrowing\tour\tretrofit\tsolar\tenergy\tbusiness\tby\toffering\ta\tlow-cost\tand\tsimplified\tonline\tordering\texperience.\tIn\n\t\naddition,\twe\tcontinue\tto\tseek\tto\timprove\tour\tinstallation\tcapabilities\tand\tprice\tefficiencies\tfor\tSolar\tRoof.\tAs\tthese\tproduct\tlines\tgrow,\twe\twill\thave\tto\n\t\nmaintain\tadequate\tbattery\tcell\tsupply\tfor\tour\tenergy\tstorage\tproducts\tand\thire\tadditional\tpersonnel,\tparticularly\tskilled\telectricians,\tto\tsupport\tthe\n\t\nramp\tof\tSolar\tRoof.\n\t\n33"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e42e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 33, "chroma:document": "Cash\tFlow\tand\tCapital\tExpenditure\tTrends\n\t\nOur\tcapital\texpenditures\tare\ttypically\tdifficult\tto\tproject\tbeyond\tthe\tshort-term\tgiven\tthe\tnumber\tand\tbreadth\tof\tour\tcore\tprojects\tat\tany\tgiven\n\t\ntime,\tand\tmay\tfurther\tbe\timpacted\tby\tuncertainties\tin\tfuture\tglobal\tmarket\tconditions.\tWe\tare\tsimultaneously\tramping\tnew\tproducts,\tramping\n\t\nmanufacturing\tfacilities\ton\tthree\tcontinents\tand\tpiloting\tthe\tdevelopment\tand\tmanufacture\tof\tnew\tbattery\tcell\ttechnologies,\tand\tthe\tpace\tof\tour\tcapital\n\t\nspend\tmay\tvary\tdepending\ton\toverall\tpriority\tamong\tprojects,\tthe\tpace\tat\twhich\twe\tmeet\tmilestones,\tproduction\tadjustments\tto\tand\tamong\tour\tvarious\n\t\nproducts,\tincreased\tcapital\tefficiencies\tand\tthe\taddition\tof\tnew\tprojects.\tOwing\tand\tsubject\tto\tthe\tforegoing\tas\twell\tas\tthe\tpipeline\tof\tannounced\n\t\nprojects\tunder\tdevelopment,\tall\tother\tcontinuing\tinfrastructure\tgrowth\tand\tvarying\tlevels\tof\tinflation,\twe\tcurrently\texpect\tour\tcapital\texpenditures\tto\n\t\nbe\tbetween\t$6.00\tto\t$8.00\tbillion\tin\t2023\tand\tbetween\t$7.00\tto\t$9.00\tbillion\tin\teach\tof\tthe\tfollowing\ttwo\tfiscal\tyears.\nOur\tbusiness\thas\trecently\tbeen\tconsistently\tgenerating\tcash\tflow\tfrom\toperations\tin\texcess\tof\tour\tlevel\tof\tcapital\tspend,\tand\twith\tbetter\tworking\n\t\ncapital\tmanagement\tresulting\tin\tshorter\tdays\tsales\toutstanding\tthan\tdays\tpayable\toutstanding,\tour\tsales\tgrowth\tis\talso\tfacilitating\tpositive\tcash\n\t\ngeneration.\tWe\thave\tand\twill\tcontinue\tto\tutilize\tsuch\tcash\tflows,\tamong\tother\tthings,\tto\tdo\tmore\tvertical\tintegration,\texpand\tour\tproduct\troadmap\tand"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e4ba-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 33, "chroma:document": "provide\tfinancing\toptions\tto\tour\tcustomers.\tOn\tthe\tother\thand,\twe\tare\tlikely\tto\tsee\theightened\tlevels\tof\tcapital\texpenditures\tduring\tcertain\tperiods\n\t\ndepending\ton\tthe\tspecific\tpace\tof\tour\tcapital-intensive\tprojects\tand\trising\tmaterial\tprices\tand\tincreasing\tsupply\tchain\tand\tlabor\texpenses\tresulting\n\t\nfrom\tchanges\tin\tglobal\ttrade\tconditions\tand\tlabor\tavailability\tassociated\twith\tthe\tCOVID-19\tpandemic.\tOverall,\twe\texpect\tour\tability\tto\tbe\tself-funding\n\t\nto\tcontinue\tas\tlong\tas\tmacroeconomic\tfactors\tsupport\tcurrent\ttrends\tin\tour\tsales.\nOperating\tExpense\tTrends\n\t\nAs\tlong\tas\twe\tsee\texpanding\tsales,\tand\texcluding\tthe\tpotential\timpact\tof\tmacroeconomic\tconditions\tincluding\tincreased\tlabor\tcosts\tand\n\t\nimpairment\tcharges\ton\tcertain\tassets\tas\texplained\tbelow,\twe\tgenerally\texpect\toperating\texpenses\trelative\tto\trevenues\tto\tdecrease\tas\twe\tcontinue\tto\n\t\nincrease\toperational\tefficiency\tand\tprocess\tautomation.\tWe\texpect\toperating\texpenses\tto\tcontinue\tto\tgrow\tin\t2023\tas\twe\tare\texpanding\tour\toperations\n\t\nglobally.\nIn\tthe\tfirst\tquarter\tof\t2021,\twe\tinvested\tan\taggregate\t$1.50\tbillion\tin\tbitcoin.\tAs\twith\tany\tinvestment\tand\tconsistent\twith\thow\twe\tmanage\tfiat-\nbased\tcash\tand\tcash-equivalent\taccounts,\twe\tmay\tincrease\tor\tdecrease\tour\tholdings\tof\tdigital\tassets\tat\tany\ttime\tbased\ton\tthe\tneeds\tof\tthe\tbusiness\tand\n\t\nour\tview\tof\tmarket\tand\tenvironmental\tconditions.\tDigital\tassets\tare\tconsidered\tindefinite-lived\tintangible\tassets\tunder\tapplicable\taccounting\trules.\n\t\nAccordingly,\tany\tdecrease\tin\ttheir\tfair\tvalues\tbelow\tour\tcarrying\tvalues\tfor\tsuch\tassets\tat\tany\ttime\tsubsequent\tto\ttheir\tacquisition\twill\trequire\tus\tto"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e51e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 33, "chroma:document": "recognize\timpairment\tcharges,\twhereas\twe\tmay\tmake\tno\tupward\trevisions\tfor\tany\tmarket\tprice\tincreases\tuntil\ta\tsale.\tFor\tany\tdigital\tassets\theld\tnow\n\t\nor\tin\tthe\tfuture,\tthese\tcharges\tmay\tnegatively\timpact\tour\tprofitability\tin\tthe\tperiods\tin\twhich\tsuch\timpairments\toccur\teven\tif\tthe\toverall\tmarket\tvalues\n\t\nof\tthese\tassets\tincrease.\tFor\texample,\tin\tthe\tyear\tended\tDecember\t31,\t2022,\twe\trecorded\t$204\tmillion\tof\timpairment\tlosses\tresulting\tfrom\tchanges\tto\n\t\nthe\tcarrying\tvalue\tof\tour\tbitcoin\tand\tgains\tof\t$64\tmillion\ton\tcertain\tconversions\tof\tbitcoin\tinto\tfiat\tcurrency\tby\tus.\nCritical\tAccounting\tPolicies\tand\tEstimates\nThe\tconsolidated\tfinancial\tstatements\tare\tprepared\tin\taccordance\twith\taccounting\tprinciples\tgenerally\taccepted\tin\tthe\tU.S.\t(\u201cGAAP\u201d).\tThe\n\t\npreparation\tof\tthe\tconsolidated\tfinancial\tstatements\trequires\tus\tto\tmake\testimates\tand\tassumptions\tthat\taffect\tthe\treported\tamounts\tof\tassets,\n\t\nliabilities,\trevenues,\tcosts\tand\texpenses\tand\trelated\tdisclosures.\tWe\tbase\tour\testimates\ton\thistorical\texperience,\tas\tappropriate,\tand\ton\tvarious\tother\n\t\nassumptions\tthat\twe\tbelieve\tto\tbe\treasonable\tunder\tthe\tcircumstances.\tChanges\tin\tthe\taccounting\testimates\tare\treasonably\tlikely\tto\toccur\tfrom\tperiod\n\t\nto\tperiod.\tAccordingly,\tactual\tresults\tcould\tdiffer\tsignificantly\tfrom\tthe\testimates\tmade\tby\tour\tmanagement.\tWe\tevaluate\tour\testimates\tand\n\t\nassumptions\ton\tan\tongoing\tbasis.\tTo\tthe\textent\tthat\tthere\tare\tmaterial\tdifferences\tbetween\tthese\testimates\tand\tactual\tresults,\tour\tfuture\tfinancial\n\t\nstatement\tpresentation,\tfinancial\tcondition,\tresults\tof\toperations\tand\tcash\tflows\tmay\tbe\taffected."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e578-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 33, "chroma:document": "The\testimates\tused\tfor,\tbut\tnot\tlimited\tto,\tdetermining\tsignificant\teconomic\tincentive\tfor\tresale\tvalue\tguarantee\tarrangements,\tsales\treturn\n\t\nreserves,\tthe\tcollectability\tof\taccounts\tand\tfinancing\treceivables,\tinventory\tvaluation,\twarranties,\tfair\tvalue\tof\tlong-lived\tassets,\tgoodwill,\tfair\tvalue\tof\n\t\nfinancial\tinstruments,\tfair\tvalue\tand\tresidual\tvalue\tof\toperating\tlease\tvehicles\tand\tsolar\tenergy\tsystems\tsubject\tto\tleases\tcould\tbe\timpacted.\tWe\thave\n\t\nassessed\tthe\timpact\tand\tare\tnot\taware\tof\tany\tspecific\tevents\tor\tcircumstances\tthat\trequired\tan\tupdate\tto\tour\testimates\tand\tassumptions\tor\tmaterially\n\t\naffected\tthe\tcarrying\tvalue\tof\tour\tassets\tor\tliabilities\tas\tof\tthe\tdate\tof\tissuance\tof\tthis\tAnnual\tReport\ton\tForm\t10-K.\tThese\testimates\tmay\tchange\tas\tnew\n\t\nevents\toccur\tand\tadditional\tinformation\tis\tobtained.\tActual\tresults\tcould\tdiffer\tmaterially\tfrom\tthese\testimates\tunder\tdifferent\tassumptions\tor\n\t\nconditions.\n34"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e5d2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 34, "chroma:document": "Revenue\tRecognition\nAutomotive\tSales\nAutomotive\tsales\trevenue\tincludes\trevenues\trelated\tto\tcash\tand\tfinancing\tdeliveries\tof\tnew\tvehicles,\tand\tspecific\tother\tfeatures\tand\tservices\n\t\nthat\tmeet\tthe\tdefinition\tof\ta\tperformance\tobligation\tunder\tAccounting\tStandards\tCodification\t(\u201cASC\u201d)\t606,\t\nRevenue\tfrom\tContracts\twith\tCustomers\n\t\n(\u201cASC\t606\u201d),\tincluding\taccess\tto\tour\tFSD\tfeatures,\tinternet\tconnectivity,\tSupercharger\tnetwork\tand\tover-the-air\tsoftware\tupdates.\tWe\trecognize\n\t\nrevenue\ton\tautomotive\tsales\tupon\tdelivery\tto\tthe\tcustomer,\twhich\tis\twhen\tthe\tcontrol\tof\ta\tvehicle\ttransfers.\tPayments\tare\ttypically\treceived\tat\tthe\tpoint\n\t\ncontrol\ttransfers\tor\tin\taccordance\twith\tpayment\tterms\tcustomary\tto\tthe\tbusiness,\texcept\tsales\twe\tfinance\tfor\twhich\tpayments\tare\tcollected\tover\tthe\n\t\ncontractual\tloan\tterm.\tWe\talso\trecognize\ta\tsales\treturn\treserve\tbased\ton\thistorical\texperience\tplus\tconsideration\tfor\texpected\tfuture\tmarket\tvalues,\n\t\nwhen\twe\toffer\tresale\tvalue\tguarantees\tor\tsimilar\tbuyback\tterms.\tOther\tfeatures\tand\tservices\tsuch\tas\taccess\tto\tour\tinternet\tconnectivity,\tlegacy\n\t\nprograms\toffering\tunlimited\tfree\tSupercharging\tand\tover-the-air\tsoftware\tupdates\tare\tprovisioned\tupon\tcontrol\ttransfer\tof\ta\tvehicle\tand\trecognized\n\t\nover\ttime\ton\ta\tstraight-line\tbasis\tas\twe\thave\ta\tstand-ready\tobligation\tto\tdeliver\tsuch\tservices\tto\tthe\tcustomer.\tOther\tlimited\tfree\tSupercharging\n\t\nincentives\tare\trecognized\tbased\ton\tactual\tusage\tor\texpiration,\twhichever\tis\tearlier.\tWe\trecognize\trevenue\trelated\tto\tthese\tother\tfeatures\tand\tservices\n\t\nover\tthe\tperformance\tperiod,\twhich\tis\tgenerally\tthe\texpected\townership\tlife\tof\tthe\tvehicle.\tRevenue\trelated\tto\tFSD\tis\trecognized\twhen\tfunctionality\tis"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e62c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 34, "chroma:document": "delivered\tto\tthe\tcustomer\tand\tthe\tportion\trelated\tto\tsoftware\tupdates\tis\trecognized\tover\ttime.\tFor\tour\tobligations\trelated\tto\tautomotive\tsales,\twe\n\t\nestimate\tstandalone\tselling\tprice\tby\tconsidering\tcosts\tused\tto\tdevelop\tand\tdeliver\tthe\tservice,\tthird-party\tpricing\tof\tsimilar\toptions\tand\tother\n\t\ninformation\tthat\tmay\tbe\tavailable.\nAny\tfees\tthat\tare\tpaid\tor\tpayable\tby\tus\tto\ta\tcustomer\u2019s\tlender\twhen\twe\tarrange\tthe\tfinancing\tare\trecognized\tas\tan\toffset\tagainst\tautomotive\n\t\nsales\trevenue.\tCosts\tto\tobtain\ta\tcontract\tmainly\trelate\tto\tcommissions\tpaid\tto\tour\tsales\tpersonnel\tfor\tthe\tsale\tof\tvehicles.\tAs\tour\tcontract\tcosts\trelated\n\t\nto\tautomotive\tsales\tare\ttypically\tfulfilled\twithin\tone\tyear,\tthe\tcosts\tto\tobtain\ta\tcontract\tare\texpensed\tas\tincurred.\tAmounts\tbilled\tto\tcustomers\trelated\n\t\nto\tshipping\tand\thandling\tare\tclassified\tas\tautomotive\tsales\trevenue,\tand\twe\thave\telected\tto\trecognize\tthe\tcost\tfor\tfreight\tand\tshipping\twhen\tcontrol\n\t\nover\tvehicles,\tparts\tor\taccessories\thave\ttransferred\tto\tthe\tcustomer\tas\tan\texpense\tin\tcost\tof\tautomotive\tsales\trevenue.\tOur\tpolicy\tis\tto\texclude\ttaxes\n\t\ncollected\tfrom\ta\tcustomer\tfrom\tthe\ttransaction\tprice\tof\tautomotive\tcontracts.\nWe\toffer\tresale\tvalue\tguarantees\tor\tsimilar\tbuy-back\tterms\tto\tcertain\tinternational\tcustomers\twho\tpurchase\tvehicles\tand\twho\tfinance\ttheir\n\t\nvehicles\tthrough\tone\tof\tour\tspecified\tcommercial\tbanking\tpartners.\tUnder\tthese\tprograms,\twe\treceive\tfull\tpayment\tfor\tthe\tvehicle\tsales\tprice\tat\tthe\n\t\ntime\tof\tdelivery\tand\tour\tcounterparty\thas\tthe\toption\tof\tselling\ttheir\tvehicle\tback\tto\tus\tduring\tthe\tguarantee\tperiod,\twhich\tcurrently\tis\tgenerally\tat\tthe"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e690-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 34, "chroma:document": "end\tof\tthe\tterm\tof\tthe\tapplicable\tloan\tor\tfinancing\tprogram,\tfor\ta\tpre-determined\tresale\tvalue.\tWe\taccount\tfor\tsuch\tautomotive\tsales\tas\ta\tsale\twith\ta\n\t\nright\tof\treturn\twhen\twe\tdo\tnot\tbelieve\tthe\tcustomer\thas\ta\tsignificant\teconomic\tincentive\tto\texercise\tthe\tresale\tvalue\tguarantee\tprovided\tto\tthem\tat\n\t\ncontract\tinception.\tThe\tprocess\tto\tdetermine\twhether\tthere\tis\ta\tsignificant\teconomic\tincentive\tincludes\ta\tcomparison\tof\ta\tvehicle\u2019s\testimated\tmarket\n\t\nvalue\tat\tthe\ttime\tthe\toption\tis\texercisable\twith\tthe\tguaranteed\tresale\tvalue\tto\tdetermine\tthe\tcustomer\u2019s\teconomic\tincentive\tto\texercise.\tOn\ta\tquarterly\n\t\nbasis,\twe\tassess\tthe\testimated\tmarket\tvalues\tof\tvehicles\tsold\twith\tresale\tvalue\tguarantees\tto\tdetermine\twhether\tthere\thave\tbeen\tchanges\tto\tthe\n\t\nlikelihood\tof\tfuture\tproduct\treturns.\tAs\twe\taccumulate\tmore\tdata\trelated\tto\tthe\tresale\tvalues\tof\tour\tvehicles\tor\tas\tmarket\tconditions\tchange,\tthere\tmay\n\t\nbe\tmaterial\tchanges\tto\ttheir\testimated\tvalues.\nInventory\tValuation\nInventories\tare\tstated\tat\tthe\tlower\tof\tcost\tor\tnet\trealizable\tvalue.\tCost\tis\tcomputed\tusing\tstandard\tcost\tfor\tvehicles\tand\tenergy\tproducts,\twhich\n\t\napproximates\tactual\tcost\ton\ta\tfirst-in,\tfirst-out\tbasis.\tWe\trecord\tinventory\twrite-downs\tfor\texcess\tor\tobsolete\tinventories\tbased\tupon\tassumptions\tabout\n\t\ncurrent\tand\tfuture\tdemand\tforecasts.\tIf\tour\tinventory\ton-hand\tis\tin\texcess\tof\tour\tfuture\tdemand\tforecast,\tthe\texcess\tamounts\tare\twritten-off.\nWe\talso\treview\tour\tinventory\tto\tdetermine\twhether\tits\tcarrying\tvalue\texceeds\tthe\tnet\tamount\trealizable\tupon\tthe\tultimate\tsale\tof\tthe\tinventory.\n\t\nThis\trequires\tus\tto\tdetermine\tthe\testimated\tselling\tprice\tof\tour\tvehicles\tless\tthe\testimated\tcost\tto\tconvert\tthe\tinventory\ton-hand\tinto\ta\tfinished\tproduct."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e6ea-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 34, "chroma:document": "Once\tinventory\tis\twritten-down,\ta\tnew,\tlower\tcost\tbasis\tfor\tthat\tinventory\tis\testablished\tand\tsubsequent\tchanges\tin\tfacts\tand\tcircumstances\tdo\tnot\n\t\nresult\tin\tthe\trestoration\tor\tincrease\tin\tthat\tnewly\testablished\tcost\tbasis.\nShould\tour\testimates\tof\tfuture\tselling\tprices\tor\tproduction\tcosts\tchange,\tadditional\tand\tpotentially\tmaterial\twrite-downs\tmay\tbe\trequired.\tA\n\t\nsmall\tchange\tin\tour\testimates\tmay\tresult\tin\ta\tmaterial\tcharge\tto\tour\treported\tfinancial\tresults.\n35"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e74e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 35, "chroma:document": "Warranties\nWe\tprovide\ta\tmanufacturer\u2019s\twarranty\ton\tall\tnew\tand\tused\tvehicles\tand\ta\twarranty\ton\tthe\tinstallation\tand\tcomponents\tof\tthe\tenergy\tgeneration\n\t\nand\tstorage\tsystems\twe\tsell\tfor\tperiods\ttypically\tbetween\t10\tto\t25\tyears.\tWe\taccrue\ta\twarranty\treserve\tfor\tthe\tproducts\tsold\tby\tus,\twhich\tincludes\tour\n\t\nbest\testimate\tof\tthe\tprojected\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranties\tand\trecalls\tif\tidentified.\tThese\testimates\tare\tbased\ton\tactual\tclaims\n\t\nincurred\tto\tdate\tand\tan\testimate\tof\tthe\tnature,\tfrequency\tand\tcosts\tof\tfuture\tclaims.\tThese\testimates\tare\tinherently\tuncertain\tgiven\tour\trelatively\tshort\n\t\nhistory\tof\tsales,\tand\tchanges\tto\tour\thistorical\tor\tprojected\twarranty\texperience\tmay\tcause\tmaterial\tchanges\tto\tthe\twarranty\treserve\tin\tthe\tfuture.\tThe\n\t\nwarranty\treserve\tdoes\tnot\tinclude\tprojected\twarranty\tcosts\tassociated\twith\tour\tvehicles\tsubject\tto\toperating\tlease\taccounting\tand\tour\tsolar\tenergy\n\t\nsystems\tunder\tlease\tcontracts\tor\tPPAs,\tas\tthe\tcosts\tto\trepair\tthese\twarranty\tclaims\tare\texpensed\tas\tincurred.\tThe\tportion\tof\tthe\twarranty\treserve\n\t\nexpected\tto\tbe\tincurred\twithin\tthe\tnext\t12\tmonths\tis\tincluded\twithin\tAccrued\tliabilities\tand\tother,\twhile\tthe\tremaining\tbalance\tis\tincluded\twithin\tOther\n\t\nlong-term\tliabilities\ton\tthe\tconsolidated\tbalance\tsheets.\tWarranty\texpense\tis\trecorded\tas\ta\tcomponent\tof\tCost\tof\trevenues\tin\tthe\tconsolidated\n\t\nstatements\tof\toperations.\tDue\tto\tthe\tmagnitude\tof\tour\tautomotive\tbusiness,\taccrued\twarranty\tbalance\tis\tprimarily\trelated\tto\tour\tautomotive\tsegment.\nStock-Based\tCompensation\nWe\tuse\tthe\tfair\tvalue\tmethod\tof\taccounting\tfor\tour\tstock\toptions\tand\trestricted\tstock\tunits\t(\u201cRSUs\u201d)\tgranted\tto\temployees\tand\tfor\tour\temployee"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e7b2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 35, "chroma:document": "stock\tpurchase\tplan\t(the\t\u201cESPP\u201d)\tto\tmeasure\tthe\tcost\tof\temployee\tservices\treceived\tin\texchange\tfor\tthe\tstock-based\tawards.\tThe\tfair\tvalue\tof\tstock\n\t\noption\tawards\twith\tonly\tservice\tand/or\tperformance\tconditions\tis\testimated\ton\tthe\tgrant\tor\toffering\tdate\tusing\tthe\tBlack-Scholes\toption-pricing\tmodel.\n\t\nThe\tBlack-Scholes\toption-pricing\tmodel\trequires\tinputs\tsuch\tas\tthe\trisk-free\tinterest\trate,\texpected\tterm\tand\texpected\tvolatility.\tThese\tinputs\tare\n\t\nsubjective\tand\tgenerally\trequire\tsignificant\tjudgment.\tThe\tfair\tvalue\tof\tRSUs\tis\tmeasured\ton\tthe\tgrant\tdate\tbased\ton\tthe\tclosing\tfair\tmarket\tvalue\tof\n\t\nour\tcommon\tstock.\tThe\tresulting\tcost\tis\trecognized\tover\tthe\tperiod\tduring\twhich\tan\temployee\tis\trequired\tto\tprovide\tservice\tin\texchange\tfor\tthe\tawards,\n\t\nusually\tthe\tvesting\tperiod,\twhich\tis\tgenerally\tfour\tyears\tfor\tstock\toptions\tand\tRSUs\tand\tsix\tmonths\tfor\tthe\tESPP.\tStock-based\tcompensation\texpense\tis\n\t\nrecognized\ton\ta\tstraight-line\tbasis,\tnet\tof\tactual\tforfeitures\tin\tthe\tperiod.\nFor\tperformance-based\tawards,\tstock-based\tcompensation\texpense\tis\trecognized\tover\tthe\texpected\tperformance\tachievement\tperiod\tof\n\t\nindividual\tperformance\tmilestones\twhen\tthe\tachievement\tof\teach\tindividual\tperformance\tmilestone\tbecomes\tprobable.\n\t\nAs\twe\taccumulate\tadditional\temployee\tstock-based\tawards\tdata\tover\ttime\tand\tas\twe\tincorporate\tmarket\tdata\trelated\tto\tour\tcommon\tstock,\twe\n\t\nmay\tcalculate\tsignificantly\tdifferent\tvolatilities\tand\texpected\tlives,\twhich\tcould\tmaterially\timpact\tthe\tvaluation\tof\tour\tstock-based\tawards\tand\tthe\tstock-\nbased\tcompensation\texpense\tthat\twe\twill\trecognize\tin\tfuture\tperiods.\tStock-based\tcompensation\texpense\tis\trecorded\tin\tCost\tof\trevenues,\tResearch\tand\n\t\ndevelopment\texpense\tand\tSelling,\tgeneral\tand\tadministrative\texpense\tin\tthe\tconsolidated\tstatements\tof\toperations."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e80c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 35, "chroma:document": "Income\tTaxes\nWe\tare\tsubject\tto\ttaxes\tin\tthe\tU.S.\tand\tin\tmany\tforeign\tjurisdictions.\tSignificant\tjudgment\tis\trequired\tin\tdetermining\tour\tprovision\tfor\tincome\n\t\ntaxes,\tour\tdeferred\ttax\tassets\tand\tliabilities\tand\tany\tvaluation\tallowance\trecorded\tagainst\tour\tnet\tdeferred\ttax\tassets.\tWe\tmake\tthese\testimates\tand\n\t\njudgments\tabout\tour\tfuture\ttaxable\tincome\tthat\tare\tbased\ton\tassumptions\tthat\tare\tconsistent\twith\tour\tfuture\tplans.\tTax\tlaws,\tregulations\tand\n\t\nadministrative\tpractices\tmay\tbe\tsubject\tto\tchange\tdue\tto\teconomic\tor\tpolitical\tconditions\tincluding\tfundamental\tchanges\tto\tthe\ttax\tlaws\tapplicable\tto\n\t\ncorporate\tmultinationals.\tThe\tU.S.,\tmany\tcountries\tin\tthe\tEuropean\tUnion\tand\ta\tnumber\tof\tother\tcountries\tare\tactively\tconsidering\tchanges\tin\tthis\n\t\nregard.\tAs\tof\tDecember\t31,\t2022,\twe\thad\trecorded\ta\tfull\tvaluation\tallowance\ton\tour\tnet\tU.S.\tdeferred\ttax\tassets\tbecause\twe\texpect\tthat\tit\tis\tmore\tlikely\n\t\nthan\tnot\tthat\tour\tU.S.\tdeferred\ttax\tassets\twill\tnot\tbe\trealized.\tShould\tthe\tactual\tamounts\tdiffer\tfrom\tour\testimates,\tthe\tamount\tof\tour\tvaluation\n\t\nallowance\tcould\tbe\tmaterially\timpacted.\nFurthermore,\tsignificant\tjudgment\tis\trequired\tin\tevaluating\tour\ttax\tpositions.\tIn\tthe\tordinary\tcourse\tof\tbusiness,\tthere\tare\tmany\ttransactions\n\t\nand\tcalculations\tfor\twhich\tthe\tultimate\ttax\tsettlement\tis\tuncertain.\tAs\ta\tresult,\twe\trecognize\tthe\teffect\tof\tthis\tuncertainty\ton\tour\ttax\tattributes\tor\ttaxes\n\t\npayable\tbased\ton\tour\testimates\tof\tthe\teventual\toutcome.\tThese\teffects\tare\trecognized\twhen,\tdespite\tour\tbelief\tthat\tour\ttax\treturn\tpositions\tare"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e870-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 35, "chroma:document": "supportable,\twe\tbelieve\tthat\tit\tis\tmore\tlikely\tthan\tnot\tthat\tsome\tof\tthose\tpositions\tmay\tnot\tbe\tfully\tsustained\tupon\treview\tby\ttax\tauthorities.\tWe\tare\n\t\nrequired\tto\tfile\tincome\ttax\treturns\tin\tthe\tU.S.\tand\tvarious\tforeign\tjurisdictions,\twhich\trequires\tus\tto\tinterpret\tthe\tapplicable\ttax\tlaws\tand\tregulations\tin\n\t\neffect\tin\tsuch\tjurisdictions.\tSuch\treturns\tare\tsubject\tto\taudit\tby\tthe\tvarious\tfederal,\tstate\tand\tforeign\ttaxing\tauthorities,\twho\tmay\tdisagree\twith\trespect\n\t\nto\tour\ttax\tpositions.\tWe\tbelieve\tthat\tour\tconsideration\tis\tadequate\tfor\tall\topen\taudit\tyears\tbased\ton\tour\tassessment\tof\tmany\tfactors,\tincluding\tpast\n\t\nexperience\tand\tinterpretations\tof\ttax\tlaw.\tWe\treview\tand\tupdate\tour\testimates\tin\tlight\tof\tchanging\tfacts\tand\tcircumstances,\tsuch\tas\tthe\tclosing\tof\ta\ttax\n\t\naudit,\tthe\tlapse\tof\ta\tstatute\tof\tlimitations\tor\ta\tchange\tin\testimate.\tTo\tthe\textent\tthat\tthe\tfinal\ttax\toutcome\tof\tthese\tmatters\tdiffers\tfrom\tour\n\t\nexpectations,\tsuch\tdifferences\tmay\timpact\tincome\ttax\texpense\tin\tthe\tperiod\tin\twhich\tsuch\tdetermination\tis\tmade.\tThe\teventual\timpact\ton\tour\tincome\n\t\ntax\texpense\tdepends\tin\tpart\tif\twe\tstill\thave\ta\tvaluation\tallowance\trecorded\tagainst\tour\tdeferred\ttax\tassets\tin\tthe\tperiod\tthat\tsuch\tdetermination\tis\n\t\nmade.\n36"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4e9b0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 36, "chroma:document": "Results\tof\tOperations\n\t\nRevenues\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nAutomotive\tsales\n\t\n$\n67,210\n\t\n\t\n$\n44,125\n\t\n\t\n$\n24,604\n\t\n\t\n$\n23,085\n\t\n\t\n\t\n52\n%\n\t\n$\n19,521\n\t\n\t\n\t\n79\n%\nAutomotive\tregulatory\tcredits\n\t\n\t\n1,776\n\t\n\t\n\t\n1,465\n\t\n\t\n\t\n1,580\n\t\n\t\n\t\n311\n\t\n\t\n\t\n21\n%\n\t\n\t\n(115\n)\n\t\n\t\n(7\n)%\nAutomotive\tleasing\n\t\n\t\n2,476\n\t\n\t\n\t\n1,642\n\t\n\t\n\t\n1,052\n\t\n\t\n\t\n834\n\t\n\t\n\t\n51\n%\n\t\n\t\n590\n\t\n\t\n\t\n56\n%\nTotal\tautomotive\trevenues\n\t\n\t\n71,462\n\t\n\t\n\t\n47,232\n\t\n\t\n\t\n27,236\n\t\n\t\n\t\n24,230\n\t\n\t\n\t\n51\n%\n\t\n\t\n19,996\n\t\n\t\n\t\n73\n%\nServices\tand\tother\n\t\n\t\n6,091\n\t\n\t\n\t\n3,802\n\t\n\t\n\t\n2,306\n\t\n\t\n\t\n2,289\n\t\n\t\n\t\n60\n%\n\t\n\t\n1,496\n\t\n\t\n\t\n65\n%\nTotal\tautomotive\t&\tservices\tand\tother\n\t\t\tsegment\trevenue\n\t\n\t\n77,553\n\t\n\t\n\t\n51,034\n\t\n\t\n\t\n29,542"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ea64-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 36, "chroma:document": "51,034\n\t\n\t\n\t\n29,542\n\t\n\t\n\t\n26,519\n\t\n\t\n\t\n52\n%\n\t\n\t\n21,492\n\t\n\t\n\t\n73\n%\nEnergy\tgeneration\tand\tstorage\tsegment\trevenue\n\t\n\t\n3,909\n\t\n\t\n\t\n2,789\n\t\n\t\n\t\n1,994\n\t\n\t\n\t\n1,120\n\t\n\t\n\t\n40\n%\n\t\n\t\n795\n\t\n\t\n\t\n40\n%\nTotal\trevenues\n\t\n$\n81,462\n\t\n\t\n$\n53,823\n\t\n\t\n$\n31,536\n\t\n\t\n$\n27,639\n\t\n\t\n\t\n51\n%\n\t\n$\n22,287\n\t\n\t\n\t\n71\n%\n\t\nAutomotive\t&\tServices\tand\tOther\tSegment\nAutomotive\tsales\trevenue\tincludes\trevenues\trelated\tto\tcash\tand\tfinancing\tdeliveries\tof\tnew\tModel\tS,\tModel\tX,\tSemi,\tModel\t3,\tand\tModel\tY\n\t\nvehicles,\tincluding\taccess\tto\tour\tFSD\tfeatures,\tinternet\tconnectivity,\tfree\tSupercharging\tprograms\tand\tover-the-air\tsoftware\tupdates.\tThese\tdeliveries\n\t\nare\tvehicles\tthat\tare\tnot\tsubject\tto\tlease\taccounting.\n\t\nAutomotive\tregulatory\tcredits\tincludes\tsales\tof\tregulatory\tcredits\tto\tother\tautomotive\tmanufacturers.\tOur\trevenue\tfrom\tautomotive\tregulatory\n\t\ncredits\tis\tdirectly\trelated\tto\tour\tnew\tvehicle\tproduction,\tsales\tand\tpricing\tnegotiated\twith\tour\tcustomers.\tWe\tmonetize\tthem\tproactively\tas\tnew\tvehicles\n\t\nare\tsold\tbased\ton\tstanding\tarrangements\twith\tbuyers\tof\tsuch\tcredits,\ttypically\tas\tclose\tas\tpossible\tto\tthe\tproduction\tand\tdelivery\tof\tthe\tvehicle\tor\n\t\nchanges\tin\tregulation\timpacting\tthe\tcredits.\n\t\nAutomotive\tleasing\trevenue\tincludes\tthe\tamortization\tof\trevenue\tfor\tvehicles\tunder\tdirect\toperating\tlease\tagreements.\tAdditionally,\tautomotive"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4eaf0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 36, "chroma:document": "leasing\trevenue\tincludes\tdirect\tsales-type\tleasing\tprograms\twhere\twe\trecognize\tall\trevenue\tassociated\twith\tthe\tsales-type\tlease\tupon\tdelivery\tto\tthe\n\t\ncustomer.\nServices\tand\tother\trevenue\tconsists\tof\tnon-warranty\tafter-sales\tvehicle\tservices\tand\tparts,\tpaid\tSupercharging,\tsales\tof\tused\tvehicles,\tretail\n\t\nmerchandise\tand\tvehicle\tinsurance\trevenue.\n2022\tcompared\tto\t2021\nAutomotive\tsales\trevenue\tincreased\t$23.09\tbillion,\tor\t52%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\n\t\n2021,\tprimarily\tdue\tto\tan\tincrease\tof\t347,024\tModel\t3\tand\tModel\tY\tdeliveries,\tand\tan\tincrease\tof\t38,183\tModel\tS\tand\tModel\tX\tdeliveries\tyear\tover\n\t\nyear.\tThis\twas\tachieved\tfrom\tproduction\tramping\tof\tModel\tY\tat\tGigafactory\tShanghai\tand\tthe\tFremont\tFactory\tas\twell\tas\tthe\tstart\tof\tproduction\tat\n\t\nGigafactory\tBerlin-Brandenburg\tand\tGigafactory\tTexas\tin\t2022,\tat\ta\thigher\tcombined\taverage\tselling\tprice\tfrom\ta\thigher\tproportion\tof\tModel\tY\tsales\n\t\ndespite\ta\tnegative\timpact\tfrom\tthe\tUnited\tStates\tdollar\tstrengthening\tagainst\tother\tforeign\tcurrencies\tin\t2022\tcompared\tto\tthe\tprior\tperiod.\tThere\twas\n\t\nalso\tan\tincrease\tin\tproduction\tof\tModel\tS\tand\tModel\tX\tand\tan\tincrease\tin\tthe\tcombined\taverage\tselling\tprice\tof\tModel\tS\tand\tModel\tX\twith\ta\thigher\n\t\nproportion\tof\tModel\tX\tsales,\tcompared\tto\tthe\tprior\tperiod\tas\tdeliveries\tof\tthe\tnew\tversions\tof\tModel\tS\tand\tModel\tX\tbegan\tramping\tin\tthe\tsecond\tand\n\t\nfourth\tquarters\tof\t2021,\trespectively.\tFurther,\tduring\tthe\tfourth\tquarter\tof\t2022,\twe\trecognized\t$324\tmillion\tin\trevenue\trelated\tto\tthe\tgeneral\tFSD\n\t\nfeature\trelease\tin\tNorth\tAmerica."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4eb4a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 36, "chroma:document": "feature\trelease\tin\tNorth\tAmerica.\n\t\nAutomotive\tregulatory\tcredits\trevenue\tincreased\t$311\tmillion,\tor\t21%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021,\tprimarily\tdue\tto\tchanges\tin\tregulation\twhich\tentitled\tus\tto\tadditional\tconsideration\tof\t$288\tmillion\tin\trevenue\tin\tthe\tfirst\tquarter\tof\n\t\n2022\tfor\tcredits\tsold\tpreviously,\tin\tthe\tabsence\tof\twhich\twe\thad\tonly\tan\timmaterial\tincrease\tin\tautomotive\tregulatory\tcredits\trevenue.\nAutomotive\tleasing\trevenue\tincreased\t$834\tmillion,\tor\t51%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\n\t\n2021.\tThe\tchange\tis\tprimarily\tdue\tto\tan\tincrease\tin\tactivities\tunder\tour\tdirect\toperating\tlease\tprogram\tas\twell\tas\tan\tincrease\tin\tdirect\tsales-type\n\t\nleasing\trevenue.\nServices\tand\tother\trevenue\tincreased\t$2.29\tbillion,\tor\t60%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\n\t\n2021.\tThe\tchange\tis\tprimarily\tdue\tto\tincrease\tin\tused\tvehicle\trevenue\tdriven\tby\tincreases\tin\tvolume\tand\taverage\tselling\tprices\tof\tused\tTesla\tand\tnon-\nTesla\tvehicles,\tnon-warranty\tmaintenance\tservices\trevenue\tas\tour\tfleet\tcontinues\tto\tgrow,\tpaid\tSupercharging\trevenue,\tinsurance\tservices\trevenue\tand\n\t\nretail\tmerchandise\trevenue.\n37"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4eba4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 37, "chroma:document": "Energy\tGeneration\tand\tStorage\tSegment\nEnergy\tgeneration\tand\tstorage\trevenue\tincludes\tsales\tand\tleasing\tof\tsolar\tenergy\tgeneration\tand\tenergy\tstorage\tproducts,\tfinancing\tof\tsolar\n\t\nenergy\tgeneration\tproducts,\tservices\trelated\tto\tsuch\tproducts\tand\tsales\tof\tsolar\tenergy\tsystems\tincentives.\n2022\tcompared\tto\t2021\nEnergy\tgeneration\tand\tstorage\trevenue\tincreased\t$1.12\tbillion,\tor\t40%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021,\tprimarily\tdue\tto\tan\tincrease\tin\tenergy\tstorage\tdeployments\tof\tMegapack,\tPowerwall\tand\thigher\taverage\tselling\tprice\tof\tMegapack,\n\t\nas\twell\tas\ton\tsolar\tcash\tand\tloan\tdeployments\tdriven\tby\tprice\tincreases\tin\t2022.\nCost\tof\tRevenues\tand\tGross\tMargin\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nCost\tof\trevenues\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAutomotive\tsales\n\t\n$\n49,599\n\t\n\t\n$\n32,415\n\t\n\t\n$\n19,696\n\t\n\t\n$\n17,184\n\t\n\t\n\t\n53\n%\n\t\n$\n12,719\n\t\n\t\n\t\n65\n%\nAutomotive\tleasing\n\t\n\t\n1,509\n\t\n\t\n\t\n978\n\t\n\t\n\t\n563\n\t\n\t\n\t\n531\n\t\n\t\n\t\n54\n%\n\t\n\t\n415\n\t\n\t\n\t\n74"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ec08-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 37, "chroma:document": "%\n\t\n\t\n415\n\t\n\t\n\t\n74\n%\nTotal\tautomotive\tcost\tof\trevenues\n\t\n\t\n51,108\n\t\n\t\n\t\n33,393\n\t\n\t\n\t\n20,259\n\t\n\t\n\t\n17,715\n\t\n\t\n\t\n53\n%\n\t\n\t\n13,134\n\t\n\t\n\t\n65\n%\nServices\tand\tother\n\t\n\t\n5,880\n\t\n\t\n\t\n3,906\n\t\n\t\n\t\n2,671\n\t\n\t\n\t\n1,974\n\t\n\t\n\t\n51\n%\n\t\n\t\n1,235\n\t\n\t\n\t\n46\n%\nTotal\tautomotive\t&\tservices\tand\tother\t\n\t\t\tsegment\tcost\tof\trevenues\n\t\n\t\n56,988\n\t\n\t\n\t\n37,299\n\t\n\t\n\t\n22,930\n\t\n\t\n\t\n19,689\n\t\n\t\n\t\n53\n%\n\t\n\t\n14,369\n\t\n\t\n\t\n63\n%\nEnergy\tgeneration\tand\tstorage\tsegment\n\t\n\t\n3,621\n\t\n\t\n\t\n2,918\n\t\n\t\n\t\n1,976\n\t\n\t\n\t\n703\n\t\n\t\n\t\n24\n%\n\t\n\t\n942\n\t\n\t\n\t\n48\n%\nTotal\tcost\tof\trevenues\n\t\n$\n60,609\n\t\n\t\n$\n40,217\n\t\n\t\n$\n24,906\n\t\n\t\n$\n20,392\n\t\n\t\n\t\n51\n%\n\t\n$\n15,311\n\t\n\t\n\t\n61\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nGross\tprofit\ttotal\tautomotive\n\t\n$\n20,354\n\t\n\t\n$\n13,839\n\t\n\t\n$\n6,977\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nGross\tmargin\ttotal\tautomotive"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ec6c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 37, "chroma:document": "Gross\tmargin\ttotal\tautomotive\n\t\n\t\n28.5\n%\n\t\n\t\n29.3\n%\n\t\n\t\n25.6\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nGross\tprofit\ttotal\tautomotive\t&\tservices\tand\tother\n\t\t\tsegment\n\t\n$\n20,565\n\t\n\t\n$\n13,735\n\t\n\t\n$\n6,612\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nGross\tmargin\ttotal\tautomotive\t&\tservices\tand\tother\n\t\t\tsegment\n\t\n\t\n26.5\n%\n\t\n\t\n26.9\n%\n\t\n\t\n22.4\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nGross\tprofit\tenergy\tgeneration\tand\tstorage\tsegment\n\t\n$\n288\n\t\n\t\n$\n(129\n)\n\t\n$\n18\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nGross\tmargin\tenergy\tgeneration\tand\tstorage\tsegment\n\t\n\t\n7.4\n%\n\t\n\t\n(4.6\n)%\n\t\n\t\n0.9\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nTotal\tgross\tprofit\n\t\n$\n20,853\n\t\n\t\n$\n13,606\n\t\n\t\n$"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ecc6-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 37, "chroma:document": "$\n13,606\n\t\n\t\n$\n6,630\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nTotal\tgross\tmargin\n\t\n\t\n25.6\n%\n\t\n\t\n25.3\n%\n\t\n\t\n21.0\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAutomotive\t&\tServices\tand\tOther\tSegment\nCost\tof\tautomotive\tsales\trevenue\tincludes\tdirect\tand\tindirect\tmaterials,\tlabor\tcosts,\tmanufacturing\toverhead,\tincluding\tdepreciation\tcosts\tof\n\t\ntooling\tand\tmachinery,\tshipping\tand\tlogistic\tcosts,\tvehicle\tconnectivity\tcosts,\tallocations\tof\telectricity\tand\tinfrastructure\tcosts\trelated\tto\tour\tfree\n\t\nSupercharging\tprograms\tand\treserves\tfor\testimated\twarranty\texpenses.\tCost\tof\tautomotive\tsales\trevenues\talso\tincludes\tadjustments\tto\twarranty\n\t\nexpense\tand\tcharges\tto\twrite\tdown\tthe\tcarrying\tvalue\tof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\tprovide\tfor\tobsolete\n\t\nand\ton-hand\tinventory\tin\texcess\tof\tforecasted\tdemand.\nCost\tof\tautomotive\tleasing\trevenue\tincludes\tthe\tdepreciation\tof\toperating\tlease\tvehicles,\tcost\tof\tgoods\tsold\tassociated\twith\tdirect\tsales-type\n\t\nleases\tand\twarranty\texpense\trelated\tto\tleased\tvehicles.\tCost\tof\tautomotive\tleasing\trevenue\talso\tincludes\tvehicle\tconnectivity\tcosts\tand\tallocations\tof\n\t\nelectricity\tand\tinfrastructure\tcosts\trelated\tto\tour\tSupercharger\tnetwork\tfor\tvehicles\tunder\tour\tleasing\tprograms.\nCost\tof\tservices\tand\tother\trevenue\tincludes\tcosts\tassociated\twith\tproviding\tnon-warranty\tafter-sales\tservices\tand\tparts,\tcosts\tof\tpaid\n\t\nSupercharging,\tcost\tof\tused\tvehicles\tincluding\trefurbishment\tcosts,\tcosts\tfor\tretail\tmerchandise,\tand\tcosts\tto\tprovide\tvehicle\tinsurance.\n38"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ed34-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 38, "chroma:document": "2022\tcompared\tto\t2021\nCost\tof\tautomotive\tsales\trevenue\tincreased\t$17.18\tbillion,\tor\t53%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021,\tin\tline\twith\tthe\tgrowth\tin\trevenue\tyear\tover\tyear,\tas\tdiscussed\tabove.\tThe\taverage\tcombined\tcost\tper\tunit\tof\tModel\t3\tand\tModel\tY\n\t\nincreased\tyear\tover\tyear\tdue\tto\trising\traw\tmaterial,\tlogistics\tand\twarranty\tcosts.\tThere\twere\talso\tidle\tcapacity\tcharges\tof\t$306\tmillion\tprimarily\trelated\n\t\nto\tthe\ttemporary\tsuspension\tof\tproduction\tat\tGigafactory\tShanghai\tas\twell\tas\tthe\tramping\tup\tof\tproduction\tin\tGigafactory\tTexas\tand\tour\tproprietary\n\t\nbattery\tcells\tmanufacturing\tduring\tthe\tyear\tended\tDecember\t31,\t2022.\tWe\thad\talso\tincurred\tcosts\trelated\tto\tthe\tramp\tup\tof\tproduction\tin\tGigafactory\n\t\nBerlin-Brandenburg\tduring\tthe\tyear\tended\tDecember\t31,\t2022.\tThese\tincreases\twere\tpartially\toffset\tby\ta\tdecrease\tin\tcombined\taverage\tModel\tS\tand\n\t\nModel\tX\tcosts\tper\tunit\tdriven\tby\tlower\taverage\tcost\tfor\tthe\tnew\tversions\tfrom\tramping\tup\tproduction.\tFurther,\tthese\tincreases\tin\tcosts\tof\trevenue\twere\n\t\npositively\timpacted\tby\tthe\tUnited\tStates\tdollar\tstrengthening\tagainst\tother\tforeign\tcurrencies\tin\t2022\tcompared\tto\tthe\tprior\tperiod.\nCost\tof\tautomotive\tleasing\trevenue\tincreased\t$531\tmillion,\tor\t54%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021,\tprimarily\tdue\tto\tan\tincrease\tin\tcumulative\tvehicles\tunder\tour\tdirect\toperating\tlease\tprogram\tand\tan\tincrease\tin\tdirect\tsales-type"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ed8e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 38, "chroma:document": "leasing\tcost\tof\trevenues\tfrom\tmore\tactivities\tin\tthe\tcurrent\tyear.\nCost\tof\tservices\tand\tother\trevenue\tincreased\t$1.97\tbillion,\tor\t51%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021.\tThe\tchange\tis\tprimarily\tdue\tto\tan\tincrease\tin\tused\tvehicle\tcost\tof\trevenue\tdriven\tby\tincreases\tin\tvolume\tand\tcosts\tof\tused\tTesla\n\t\nand\tnon-Tesla\tvehicle\tsales,\tan\tincrease\tin\tnon-warranty\tmaintenance\tservice\trevenue,\tand\tan\tincrease\tin\tcosts\tof\tpaid\tSupercharging,\tinsurance\n\t\nservices\tand\tretail\tmerchandise.\nGross\tmargin\tfor\ttotal\tautomotive\tdecreased\tfrom\t29.3%\tto\t28.5%\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021.\tThis\twas\tdriven\tby\tthe\tchanges\tin\tautomotive\tsales\trevenue\tand\tcost\tof\tautomotive\tsales\trevenue,\tpartially\toffset\tby\tan\tincrease\tin\n\t\nregulatory\tcredits\trevenue,\tas\tdiscussed\tearlier.\nGross\tmargin\tfor\ttotal\tautomotive\t&\tservices\tand\tother\tsegment\tdecreased\tfrom\t26.9%\tto\t26.5%\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\n\t\ncompared\tto\tthe\tyear\tended\tDecember\t31,\t2021,\tprimarily\tdue\tto\tthe\tautomotive\tgross\tmargin\tdecrease\tdiscussed\tabove,\tpartially\toffset\tby\tan\n\t\nimprovement\tin\tour\tservices\tand\tother\tgross\tmargin.\tAdditionally,\tservices\tand\tother\twas\ta\thigher\tpercentage\tof\tthe\tsegment\tgross\tmargin\tduring\tthe\n\t\nyear\tended\t2022\tas\tcompared\tto\tthe\tprior\tyear.\nEnergy\tGeneration\tand\tStorage\tSegment\nCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\tincludes\tdirect\tand\tindirect\tmaterial\tand\tlabor\tcosts,\twarehouse\trent,\tfreight,\twarranty\texpense,"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ee24-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 38, "chroma:document": "other\toverhead\tcosts\tand\tamortization\tof\tcertain\tacquired\tintangible\tassets.\tCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\talso\tincludes\tcharges\tto\n\t\nwrite\tdown\tthe\tcarrying\tvalue\tof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\tprovide\tfor\tobsolete\tand\ton-hand\tinventory\tin\n\t\nexcess\tof\tforecasted\tdemand.\tIn\tagreements\tfor\tsolar\tenergy\tsystem\tand\tPPAs\twhere\twe\tare\tthe\tlessor,\tthe\tcost\tof\trevenue\tis\tprimarily\tcomprised\tof\n\t\ndepreciation\tof\tthe\tcost\tof\tleased\tsolar\tenergy\tsystems,\tmaintenance\tcosts\tassociated\twith\tthose\tsystems\tand\tamortization\tof\tany\tinitial\tdirect\tcosts.\n2022\tcompared\tto\t2021\nCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\tincreased\t$703\tmillion,\tor\t24%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\n\t\nended\tDecember\t31,\t2021,\tprimarily\tdue\tto\tincreases\tin\tenergy\tstorage\tdeployments\tof\tMegapack\tand\tPowerwall,\tas\twell\tas\thigher\taverage\tcost\tof\n\t\nsolar\tcash\tand\tloan\tdeployments\tdue\tto\tincreased\tcomponent\tcosts.\nGross\tmargin\tfor\tenergy\tgeneration\tand\tstorage\tincreased\tfrom\t-4.6%\tto\t7.4%\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\n\t\nended\tDecember\t31,\t2021.\tThis\twas\tdriven\tby\tthe\tgrowth\tin\tenergy\tgeneration\tand\tstorage\trevenue\tand\tcost\tof\tenergy\tgeneration\tand\tstorage\trevenue\n\t\nas\tdiscussed\tabove.\tAdditionally,\tthere\twas\ta\thigher\tproportion\tof\tenergy\tstorage\tsales,\twhich\toperated\tat\ta\thigher\tgross\tmargin,\twithin\tthe\tsegment.\n39"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ee88-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 39, "chroma:document": "Research\tand\tDevelopment\tExpense\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nResearch\tand\tdevelopment\n\t\n$\n3,075\n\t\n\t\n$\n2,593\n\t\n\t\n$\n1,491\n\t\n\t\n$\n482\n\t\n\t\n\t\n19\n%\n\t\n$\n1,102\n\t\n\t\n\t\n74\n%\nAs\ta\tpercentage\tof\trevenues\n\t\n\t\n4\n%\n\t\n\t\n5\n%\n\t\n\t\n5\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nResearch\tand\tdevelopment\t(\u201cR&D\u201d)\texpenses\tconsist\tprimarily\tof\tpersonnel\tcosts\tfor\tour\tteams\tin\tengineering\tand\tresearch,\tmanufacturing\n\t\nengineering\tand\tmanufacturing\ttest\torganizations,\tprototyping\texpense,\tcontract\tand\tprofessional\tservices\tand\tamortized\tequipment\texpense.\nR&D\texpenses\tincreased\t$482\tmillion,\tor\t19%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2021.\tThe\n\t\nincrease\twas\tprimarily\tdue\tto\ta\t$175\tmillion\tincrease\tin\temployee\tand\tlabor\trelated\texpenses,\ta\t$132\tmillion\tincrease\tin\tfacilities,\toutside\tservices,\n\t\nfreight\tand\tdepreciation\texpense,\ta\t$101\tmillion\tincrease\tin\tR&D\texpensed\tmaterials\tand\tan\t$87\tmillion\tincrease\tin\tstock-based\tcompensation\texpense.\n\t\nThese\tincreases\twere\tto\tsupport\tour\texpanding\tproduct\troadmap\tand\ttechnologies\tincluding\tour\tproprietary\tbattery\tcells.\tFurther,\tthere\twere"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4eee2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 39, "chroma:document": "additional\tR&D\texpenses\tin\tthe\tfirst\tquarter\tof\t2022\tas\twe\twere\tin\tthe\tpre-production\tphase\tat\tGigafactory\tTexas\tand\tstarted\tproduction\tat\tGigafactory\n\t\nBerlin-Brandenburg\tonly\tcloser\tto\tthe\tend\tof\tthe\tfirst\tquarter\tof\t2022.\nR&D\texpenses\tas\ta\tpercentage\tof\trevenue\tdecreased\tfrom\t5%\tto\t4%\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021.\tOur\tR&D\texpenses\thave\tdecreased\tas\ta\tproportion\tof\ttotal\trevenues\tdespite\texpanding\tproduct\troadmap\tand\ttechnologies.\nSelling,\tGeneral\tand\tAdministrative\tExpense\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nSelling,\tgeneral\tand\tadministrative\n\t\n$\n3,946\n\t\n\t\n$\n4,517\n\t\n\t\n$\n3,145\n\t\n\t\n$\n(571\n)\n\t\n\t\n(13\n)%\n\t\n$\n1,372\n\t\n\t\n\t\n44\n%\nAs\ta\tpercentage\tof\trevenues\n\t\n\t\n5\n%\n\t\n\t\n8\n%\n\t\n\t\n10\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nSelling,\tgeneral\tand\tadministrative\t(\u201cSG&A\u201d)\texpenses\tgenerally\tconsist\tof\tpersonnel\tand\tfacilities\tcosts\trelated\tto\tour\tstores,\tmarketing,\tsales,\n\t\nexecutive,\tfinance,\thuman\tresources,\tinformation\ttechnology\tand\tlegal\torganizations,\tas\twell\tas\tfees\tfor\tprofessional\tand\tcontract\tservices\tand\tlitigation\n\t\nsettlements."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ef3c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 39, "chroma:document": "settlements.\nSG&A\texpenses\tdecreased\t$571\tmillion,\tor\t13%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2021.\tThis\n\t\nis\tprimarily\tdue\tto\ta\tdecrease\tof\t$822\tmillion\tin\tstock-based\tcompensation\texpense,\tmost\tof\twhich\tis\tattributable\tto\tthe\tlower\tstock-based\n\t\ncompensation\texpense\tof\t$844\tmillion\ton\tthe\t2018\tCEO\tPerformance\tAward.\tThis\twas\tpartially\toffset\tby\tthe\toverall\tgrowth\tin\tstock-based\n\t\ncompensation\tdue\tto\tincreased\theadcount.\tSee\tNote\t13,\t\nEquity\tIncentive\tPlans\n,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\n\t\nAnnual\tReport\ton\tForm\t10-K.\tThere\twas\talso\ta\tdecrease\tof\t$87\tmillion\tin\toverall\temployee\tand\tlabor\trelated\texpenses\tdriven\tby\ta\tdecrease\tof\t$340\n\t\nmillion\tof\tadditional\tpayroll\ttax\tdue\tto\tour\tCEO's\toption\texercises\tfrom\tthe\t2012\tCEO\tPerformance\tAward\tin\t2021,\tpartially\toffset\tby\tan\tincrease\tin\n\t\nother\temployee\tand\tlabor\tcosts\tfrom\tincreased\theadcount.\tThese\tdecreases\twere\tpartially\toffset\tby\tan\tincrease\tof\t$222\tmillion\tin\tfacilities-related\n\t\nexpenses,\tand\tan\tincrease\tof\t$117\tmillion\tin\tprofessional\tservices,\tsales\tand\tmarketing\tactivities\tand\tother\tcosts.\nSG&A\texpenses\tas\ta\tpercentage\tof\trevenue\tdecreased\tfrom\t8%\tto\t5%\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021.\tOur\tSG&A\texpenses\thave\tdecreased\tas\ta\tproportion\tof\ttotal\trevenues\tdue\tto\tthe\tdecrease\tin\texpenses\tas\tdiscussed\tabove,\tin\n\t\naddition\tto\toperational\tefficiencies.\nRestructuring\tand\tOther\tExpense\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4efa0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 39, "chroma:document": "Year\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n2021\tvs.\t2020\tChange\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n$\n\t\n\t\n%\nRestructuring\tand\tother\n\t\n$\n176\n\t\n\t\n$\n(27\n)\n\t\n$\n\u2014\n\t\n\t\n$\n203\n\t\n\t\nNot\n\t\nmeaningful\n\t\n$\n(27\n)\n\t\nNot\n\t\nmeaningful\n\t\nDuring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\twe\trecorded\t$204\tmillion\tand\t$101\tmillion,\trespectively,\tof\timpairment\tlosses\ton\tdigital\n\t\nassets,\trespectively.\tDuring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\twe\talso\trealized\tgains\tof\t$64\tmillion\tand\t$128\tmillion,\trespectively,\tin\n\t\nconnection\twith\tconverting\tour\tholdings\tof\tdigital\tassets\tinto\tfiat\tcurrency.\tSee\tNote\t3,\t\nDigital\tAssets,\tNet\n,\tto\tthe\tconsolidated\tfinancial\tstatements\n\t\nincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\tfor\tfurther\tdetails.\tAdditionally,\twe\trecorded\tother\texpenses\tof\t$36\tmillion\tduring\tthe\tsecond\n\t\nquarter\tof\tthe\tyear\tended\tDecember\t31,\t2022,\trelated\tto\temployee\tterminations.\n40"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4effa-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 40, "chroma:document": "Interest\tIncome\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nInterest\tincome\n\t\n$\n297\n\t\n\t\n$\n56\n\t\n\t\n$\n30\n\t\n\t\n$\n241\n\t\n\t\n\t\n430\n%\n\t\n$\n26\n\t\n\t\n\t\n87\n%\n\t\nInterest\tincome\tincreased\t$241\tmillion,\tor\t430%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2021.\tThis\n\t\nincrease\twas\tprimarily\tdue\tto\thigher\tinterest\tearned\ton\tour\tcash\tand\tcash\tequivalents\tand\tshort-term\tinvestments\tduring\tthe\tyear\tended\t2022\n\t\ncompared\tto\tthe\tprior\tperiod.\tThis\twas\tdriven\tby\tan\tincrease\tin\tour\taverage\tcash\tand\tcash\tequivalents\tand\tshort-term\tinvestments\tbalance\tand\trising\n\t\ninterest\trates.\nInterest\tExpense\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nInterest\texpense\n\t\n$\n(191\n)\n\t\n$\n(371\n)\n\t\n$\n(748\n)\n\t\n$\n180\n\t\n\t\n\t\n(49\n)%\n\t\n$\n377\n\t\n\t\n\t\n(50\n)%"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f054-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 40, "chroma:document": "377\n\t\n\t\n\t\n(50\n)%\n\t\nInterest\texpense\tdecreased\t$180\tmillion,\tor\t49%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2021.\tThis\n\t\ndecrease\twas\tprimarily\tdue\tto\tthe\tcontinued\treduction\tin\tour\toverall\tdebt\tbalance\toffset\tby\tlower\tcapitalized\tinterest.\tSee\tNote\t11,\t\nDebt\n,\tto\tthe\n\t\nconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\tfor\tfurther\tdetails.\nOther\t(Expense)\tIncome,\tNet\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n2021\tvs.\t2020\tChange\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n$\n\t\n\t\n%\nOther\t(expense)\tincome,\tnet\n\t\n$\n(43\n)\n\t\n$\n135\n\t\n\t\n$\n(122\n)\n\t\n$\n(178\n)\n\t\nNot\n\t\nmeaningful\n\t\n$\n257\n\t\n\t\nNot\n\t\nmeaningful\n\t\nOther\t(expense)\tincome,\tnet,\tconsists\tprimarily\tof\tforeign\texchange\tgains\tand\tlosses\trelated\tto\tour\tforeign\tcurrency-denominated\tmonetary\n\t\nassets\tand\tliabilities.\tWe\texpect\tour\tforeign\texchange\tgains\tand\tlosses\twill\tvary\tdepending\tupon\tmovements\tin\tthe\tunderlying\texchange\trates.\nOther\t(expense)\tincome,\tnet,\tchanged\tunfavorably\tby\t$178\tmillion\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021.\tThe\tchange\tis\tprimarily\tdue\tto\tfluctuations\tin\tforeign\tcurrency\texchange\trates.\nProvision\tfor\tIncome\tTaxes"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f0b8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 40, "chroma:document": "Provision\tfor\tIncome\tTaxes\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nProvision\tfor\tincome\ttaxes\n\t\n$\n1,132\n\t\n\t\n$\n699\n\t\n\t\n$\n292\n\t\n\t\n$\n433\n\t\n\t\n\t\n62\n%\n\t\n$\n407\n\t\n\t\n\t\n139\n%\nEffective\ttax\trate\n\t\n\t\n8\n%\n\t\n\t\n11\n%\n\t\n\t\n25\n%\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nOur\tprovision\tfor\tincome\ttaxes\tincreased\tby\t$433\tmillion,\tor\t62%,\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\n\t\nDecember\t31,\t2021,\tprimarily\tdue\tto\tthe\tincrease\tin\tour\tpre-tax\tincome\tyear\tover\tyear.\nOur\teffective\ttax\trate\tdecreased\tfrom\t11%\tto\t8%\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2021,\n\t\nprimarily\tdue\tto\tchanges\tin\tmix\tof\tjurisdictional\tearnings.\nSee\tNote\t14,\t\nIncome\tTaxes\n,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\tfor\tfurther\tdetails.\nNet\tIncome\tAttributable\tto\tNoncontrolling\tInterests\tand\tRedeemable\tNoncontrolling\tInterests\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n2022\tvs.\t2021\tChange\n\t\n\t\n2021\tvs.\t2020\tChange"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f11c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 40, "chroma:document": "2021\tvs.\t2020\tChange\n\t\n(Dollars\tin\tmillions)\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\n\t\n$\n\t\n\t\n%\n\t\n\t\n$\n\t\n\t\n%\n\t\nNet\tincome\tattributable\tto\tnoncontrolling\t\n\t\t\tinterests\tand\tredeemable\tnoncontrolling\tinterests\t\n\t\t\tin\tsubsidiaries\n\t\n$\n31\n\t\n\t\n$\n125\n\t\n\t\n$\n141\n\t\n\t\n$\n(94\n)\n\t\n\t\n(75\n)%\n\t\n$\n(16\n)\n\t\n\t\n(11\n)%\n\t\n41"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f176-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 41, "chroma:document": "Net\tincome\tattributable\tto\tnoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\tinterests\tdecreased\tby\t$94\tmillion,\tor\t75%,\tin\tthe\tyear\tended\n\t\nDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2021.\tThese\tchanges\twere\tdue\tto\ta\tdecrease\tin\tallocations\tto\tfinancing\tfund\n\t\ninvestors.\nLiquidity\tand\tCapital\tResources\nWe\texpect\tto\tcontinue\tto\tgenerate\tnet\tpositive\toperating\tcash\tflow\tas\twe\thave\tdone\tin\tthe\tlast\tfour\tfiscal\tyears.\tThe\tcash\twe\tgenerate\tfrom\tour\n\t\ncore\toperations\tenables\tus\tto\tfund\tongoing\toperations\tand\tproduction,\tour\tresearch\tand\tdevelopment\tprojects\tfor\tnew\tproducts\tand\ttechnologies\n\t\nincluding\tour\tproprietary\tbattery\tcells,\tadditional\tmanufacturing\tramps\tat\texisting\tmanufacturing\tfacilities\tsuch\tas\tthe\tFremont\tFactory,\tGigafactory\n\t\nNevada,\tGigafactory\tShanghai\tand\tGigafactory\tNew\tYork,\tthe\tramp\tof\tGigafactory\tBerlin-Brandenburg\tand\tGigafactory\tTexas\tand\tthe\tcontinued\n\t\nexpansion\tof\tour\tretail\tand\tservice\tlocations,\tbody\tshops,\tMobile\tService\tfleet,\tSupercharger\tnetwork\tand\tenergy\tproduct\tinstallation\tcapabilities.\n\t\nIn\taddition,\tbecause\ta\tlarge\tportion\tof\tour\tfuture\texpenditures\twill\tbe\tto\tfund\tour\tgrowth,\twe\texpect\tthat\tif\tneeded\twe\twill\tbe\table\tto\tadjust\tour\n\t\ncapital\tand\toperating\texpenditures\tby\toperating\tsegment.\tFor\texample,\tif\tour\tnear-term\tmanufacturing\toperations\tdecrease\tin\tscale\tor\tramp\tmore\n\t\nslowly\tthan\texpected,\tincluding\tdue\tto\tglobal\teconomic\tor\tbusiness\tconditions,\twe\tmay\tchoose\tto\tcorrespondingly\tslow\tthe\tpace\tof\tour\tcapital"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f1da-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 41, "chroma:document": "expenditures.\tFinally,\twe\tcontinually\tevaluate\tour\tcash\tneeds\tand\tmay\tdecide\tit\tis\tbest\tto\traise\tadditional\tcapital\tor\tseek\talternative\tfinancing\tsources\n\t\nto\tfund\tthe\trapid\tgrowth\tof\tour\tbusiness,\tincluding\tthrough\tdrawdowns\ton\texisting\tor\tnew\tdebt\tfacilities\tor\tfinancing\tfunds.\tConversely,\twe\tmay\talso\n\t\nfrom\ttime\tto\ttime\tdetermine\tthat\tit\tis\tin\tour\tbest\tinterests\tto\tvoluntarily\trepay\tcertain\tindebtedness\tearly.\nAccordingly,\twe\tbelieve\tthat\tour\tcurrent\tsources\tof\tfunds\twill\tprovide\tus\twith\tadequate\tliquidity\tduring\tthe\t12-month\tperiod\tfollowing\tDecember\n\t\n31,\t2022,\tas\twell\tas\tin\tthe\tlong-term.\n\t\nSee\tthe\tsections\tbelow\tfor\tmore\tdetails\tregarding\tthe\tmaterial\trequirements\tfor\tcash\tin\tour\tbusiness\tand\tour\tsources\tof\tliquidity\tto\tmeet\tsuch\n\t\nneeds.\nMaterial\tCash\tRequirements\nFrom\ttime\tto\ttime\tin\tthe\tordinary\tcourse\tof\tbusiness,\twe\tenter\tinto\tagreements\twith\tvendors\tfor\tthe\tpurchase\tof\tcomponents\tand\traw\tmaterials\n\t\nto\tbe\tused\tin\tthe\tmanufacture\tof\tour\tproducts.\tHowever,\tdue\tto\tcontractual\tterms,\tvariability\tin\tthe\tprecise\tgrowth\tcurves\tof\tour\tdevelopment\tand\n\t\nproduction\tramps,\tand\topportunities\tto\trenegotiate\tpricing,\twe\tgenerally\tdo\tnot\thave\tbinding\tand\tenforceable\tpurchase\torders\tunder\tsuch\tcontracts\n\t\nbeyond\tthe\tshort-term,\tand\tthe\ttiming\tand\tmagnitude\tof\tpurchase\torders\tbeyond\tsuch\tperiod\tis\tdifficult\tto\taccurately\tproject.\nAs\tdiscussed\tin\tand\tsubject\tto\tthe\tconsiderations\treferenced\tin\tPart\tII,\tItem\t7,\t\nManagement's\tDiscussion\tand\tAnalysis\tof\tFinancial\tCondition\tand\n\t\nResults\tof\tOperations\u2014Management\tOpportunities,\tChallenges\tand\tRisks\tand\t2023\tOutlook\u2014Cash\tFlow\tand\tCapital\tExpenditure\tTrends\n\tin\tthis\tAnnual"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f23e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 41, "chroma:document": "in\tthis\tAnnual\n\t\nReport\ton\tForm\t10-K,\twe\tcurrently\texpect\tour\tcapital\texpenditures\tto\tsupport\tour\tprojects\tglobally\tto\tbe\tbetween\t$6.00\tto\t$8.00\tbillion\tin\t2023\tand\n\t\nbetween\t$7.00\tto\t$9.00\tbillion\tin\teach\tof\tthe\tfollowing\ttwo\tfiscal\tyears.\tIn\tconnection\twith\tour\toperations\tat\tGigafactory\tNew\tYork,\twe\thave\tan\n\t\nagreement\tto\tspend\tor\tincur\t$5.00\tbillion\tin\tcombined\tcapital,\toperational\texpenses,\tcosts\tof\tgoods\tsold\tand\tother\tcosts\tin\tthe\tState\tof\tNew\tYork\n\t\nthrough\tDecember\t31,\t2029\t(pursuant\tto\ta\tdeferral\tof\tour\trequired\ttimelines\tto\tmeet\tsuch\tobligations\tthat\twas\tgranted\tin\tApril\t2021,\tand\twhich\twas\n\t\nmemorialized\tin\tan\tamendment\tto\tour\tagreement\twith\tthe\tSUNY\tFoundation\tin\tAugust\t2021).\tWe\talso\thave\tan\toperating\tlease\tarrangement\twith\tthe\n\t\nlocal\tgovernment\tof\tShanghai\tpursuant\tto\twhich\twe\tare\trequired\tto\tspend\tRMB\t14.08\tbillion\tin\tcapital\texpenditures\tat\tGigafactory\tShanghai\tby\tthe\tend\n\t\nof\t2023.\tFor\tdetails\tregarding\tthese\tobligations,\trefer\tto\tNote\t15,\t\nCommitments\tand\tContingencies\n,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\n\t\nelsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\nAs\tof\tDecember\t31,\t2022,\twe\tand\tour\tsubsidiaries\thad\toutstanding\t$2.06\tbillion\tin\taggregate\tprincipal\tamount\tof\tindebtedness,\tof\twhich\t$1.02\n\t\nbillion\tis\tscheduled\tto\tbecome\tdue\tin\tthe\tsucceeding\t12\tmonths.\tAs\tof\tDecember\t31,\t2022,\tour\ttotal\tminimum\tlease\tpayments\twas\t$4.28\tbillion,\tof"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f298-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 41, "chroma:document": "which\t$1.14\tbillion\tis\tdue\tin\tthe\tsucceeding\t12\tmonths.\tFor\tdetails\tregarding\tour\tindebtedness\tand\tlease\tobligations,\trefer\tto\tNote\t11,\t\nDebt\n,\tand\tNote\n\t\n12,\t\nLeases\n,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\nSources\tand\tConditions\tof\tLiquidity\nOur\tsources\tto\tfund\tour\tmaterial\tcash\trequirements\tare\tpredominantly\tfrom\tour\tdeliveries\tand\tservicing\tof\tnew\tand\tused\tvehicles,\tsales\tand\n\t\ninstallations\tof\tour\tenergy\tstorage\tproducts\tand\tsolar\tenergy\tsystems,\tproceeds\tfrom\tdebt\tfacilities\tand\tproceeds\tfrom\tequity\tofferings,\twhen\n\t\napplicable.\n\t\n42"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f2f2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 42, "chroma:document": "As\tof\tDecember\t31,\t2022,\twe\thad\t$16.25\tbillion\tand\t$5.93\tbillion\tof\tcash\tand\tcash\tequivalents\tand\tshort-term\tinvestments,\trespectively.\n\t\nBalances\theld\tin\tforeign\tcurrencies\thad\ta\tU.S.\tdollar\tequivalent\tof\t$3.42\tbillion\tand\tconsisted\tprimarily\tof\tChinese\tyuan,\teuros\tand\tBritish\tpounds.\tIn\n\t\naddition,\twe\thad\t$2.42\tbillion\tof\tunused\tcommitted\tamounts\tunder\tour\tcredit\tfacilities\tas\tof\tDecember\t31,\t2022,\twhich\tincluded\t$2.27\tbillion\tunder\tour\n\t\nCredit\tAgreement\twhich\twas\tterminated\tin\tJanuary\t2023.\tCertain\tof\tsuch\tunused\tcommitted\tamounts\tare\tsubject\tto\tsatisfying\tspecified\tconditions\tprior\n\t\nto\tdraw-down\t(such\tas\tpledging\tto\tour\tlenders\tsufficient\tamounts\tof\tqualified\treceivables,\tinventories,\tleased\tvehicles\tand\tour\tinterests\tin\tthose\tleases,\n\t\nsolar\tenergy\tsystems\tand\tthe\tassociated\tcustomer\tcontracts\tor\tvarious\tother\tassets).\tIn\tJanuary\t2023,\twe\tentered\tinto\tan\tunsecured\trevolving\tcredit\n\t\nfacility\tproviding\tfor\ta\tcommitment\tof\tup\tto\t$5.0\tbillion.\tFor\tdetails\tregarding\tour\tindebtedness,\trefer\tto\tNote\t11\n,\tDebt\n,\tto\tthe\tconsolidated\tfinancial\n\t\nstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\nWe\tcontinue\tadapting\tour\tstrategy\tto\tmeet\tour\tliquidity\tand\trisk\tobjectives,\tsuch\tas\tinvesting\tin\tU.S.\tgovernment\tand\tother\tinvestments,\tto\tdo\n\t\nmore\tvertical\tintegration,\texpand\tour\tproduct\troadmap\tand\tprovide\tfinancing\toptions\tto\tour\tcustomers.\nSummary\tof\tCash\tFlows\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n(Dollars\tin\tmillions)\n\t\n2022"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f34c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 42, "chroma:document": "2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nNet\tcash\tprovided\tby\toperating\tactivities\n\t\n$\n14,724\n\t\n\t\n$\n11,497\n\t\n\t\n$\n5,943\n\t\nNet\tcash\tused\tin\tinvesting\tactivities\n\t\n$\n(11,973\n)\n\t\n$\n(7,868\n)\n\t\n$\n(3,132\n)\nNet\tcash\t(used\tin)\tprovided\tby\tfinancing\tactivities\n\t\n$\n(3,527\n)\n\t\n$\n(5,203\n)\n\t\n$\n9,973\n\t\n\t\nCash\tFlows\tfrom\tOperating\tActivities\nOur\tcash\tflows\tfrom\toperating\tactivities\tare\tsignificantly\taffected\tby\tour\tcash\tinvestments\tto\tsupport\tthe\tgrowth\tof\tour\tbusiness\tin\tareas\tsuch\tas\n\t\nresearch\tand\tdevelopment\tand\tselling,\tgeneral\tand\tadministrative\tand\tworking\tcapital.\tOur\toperating\tcash\tinflows\tinclude\tcash\tfrom\tvehicle\tsales\tand\n\t\nrelated\tservicing,\tcustomer\tlease\tand\tfinancing\tpayments,\tcustomer\tdeposits,\tcash\tfrom\tsales\tof\tregulatory\tcredits\tand\tenergy\tgeneration\tand\tstorage\n\t\nproducts.\tThese\tcash\tinflows\tare\toffset\tby\tour\tpayments\tto\tsuppliers\tfor\tproduction\tmaterials\tand\tparts\tused\tin\tour\tmanufacturing\tprocess,\toperating\n\t\nexpenses,\toperating\tlease\tpayments\tand\tinterest\tpayments\ton\tour\tfinancings.\nNet\tcash\tprovided\tby\toperating\tactivities\tincreased\tby\t$3.23\tbillion\tto\t$14.72\tbillion\tduring\tthe\tyear\tended\tDecember\t31,\t2022\tfrom\t$11.50\n\t\nbillion\tduring\tthe\tyear\tended\tDecember\t31,\t2021.\tThis\tincrease\twas\tprimarily\tdue\tto\tthe\tincrease\tin\tnet\tincome\texcluding\tnon-cash\texpenses,\tgains\tand"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f3b0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 42, "chroma:document": "losses\tof\t$7.65\tbillion,\toffset\tby\tthe\toverall\tincrease\tin\tnet\toperating\tassets\tand\tliabilities\tof\t$4.43\tbillion.\n\t\nThe\tincrease\tin\tour\tnet\toperating\tassets\tand\n\t\nliabilities\twas\tmainly\tdriven\tby\ta\tlarger\tincrease\tof\tinventory\tin\tthe\tyear\tended\tDecember\t31,\t2022\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2021,\n\t\npartially\toffset\tby\ta\tlarger\tincrease\tof\taccounts\tpayable\tand\taccrued\tliabilities,\tto\tsupport\tthe\tramp\tup\tin\tproduction\tat\tour\tfactories\tand\tlarger\n\t\nincreases\tin\tother\tnon-current\tassets\tand\tprepaid\texpenses\tand\tother\tcurrent\tassets.\tAdditionally,\tthe\tincrease\tin\tour\tnet\toperating\tassets\tand\tother\n\t\nliabilities\twas\tpartially\toffset\tby\ta\tlarger\tincrease\tin\tother\tlong-term\tliabilities\tas\tcompared\tto\tthe\tprior\tyear.\nCash\tFlows\tfrom\tInvesting\tActivities\nCash\tflows\tfrom\tinvesting\tactivities\tand\ttheir\tvariability\tacross\teach\tperiod\trelated\tprimarily\tto\tcapital\texpenditures,\twhich\twere\t$7.16\tbillion\tfor\n\t\nthe\tyear\tended\tDecember\t31,\t2022\tand\t$6.48\tbillion\tfor\tthe\tyear\tended\tDecember\t31,\t2021,\tmainly\tfor\tthe\texpansions\tof\tGigafactory\tTexas,\tthe\n\t\nFremont\tFactory,\tGigafactory\tBerlin-Brandenburg,\tand\tGigafactory\tShanghai.\tWe\talso\tpurchased\t$5.84\tbillion\tof\tinvestments\tin\tthe\tyear\tended\n\t\nDecember\t31,\t2022.\tAdditionally,\tcash\tinflows\trelated\tto\tsales\tof\tdigital\tassets\twere\t$936\tmillion\tin\tthe\tyear\tended\tDecember\t31,\t2022,\tand\tnet\tcash\n\t\noutflows\trelated\tto\tdigital\tassets\twere\t$1.23\tbillion\tin\tthe\tyear\tended\tDecember\t31,\t2021\tfrom\tpurchases\tof\tdigital\tassets\tfor\t$1.50\tbillion\toffset\tby"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f414-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 42, "chroma:document": "proceeds\tfrom\tsales\tof\tdigital\tassets\tof\t$272\tmillion.\nCash\tFlows\tfrom\tFinancing\tActivities\nNet\tcash\tused\tin\tfinancing\tactivities\tdecreased\tby\t$1.68\tbillion\tto\t$3.53\tbillion\tduring\tthe\tyear\tended\tDecember\t31,\t2022\tfrom\t$5.20\tbillion\n\t\nduring\tthe\tyear\tended\tDecember\t31,\t2021.\tThe\tdecrease\twas\tprimarily\tdue\tto\ta\t$1.92\tbillion\tdecrease\tin\trepayments\tof\tconvertible\tand\tother\tdebt,\tnet\n\t\nof\tproceeds\tfrom\tissuances\tof\tdebt.\tSee\tNote\t11,\t\nDebt\n,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\n\t\nfor\tfurther\tdetails\tregarding\tour\tdebt\tobligations.\nRecent\tAccounting\tPronouncements\nSee\tNote\t2,\t\nSummary\tof\tSignificant\tAccounting\tPolicies\n,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\n\t\nForm\t10-K.\n\t\n43"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f46e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 43, "chroma:document": "ITEM\t7A.\t\nQUANTITATIVE\tAND\tQUALITATIVE\tDISCLOSURES\tABOUT\tMARKET\tRISK\nForeign\tCurrency\tRisk\nWe\ttransact\tbusiness\tglobally\tin\tmultiple\tcurrencies\tand\thence\thave\tforeign\tcurrency\trisks\trelated\tto\tour\trevenue,\tcosts\tof\trevenue,\toperating\n\t\nexpenses\tand\tlocalized\tsubsidiary\tdebt\tdenominated\tin\tcurrencies\tother\tthan\tthe\tU.S.\tdollar\t(primarily\tthe\tChinese\tyuan,\teuro,\tpound\tsterling\tand\n\t\nNorwegian\tkrone\tin\trelation\tto\tour\tcurrent\tyear\toperations).\tIn\tgeneral,\twe\tare\ta\tnet\treceiver\tof\tcurrencies\tother\tthan\tthe\tU.S.\tdollar\tfor\tour\tforeign\n\t\nsubsidiaries.\tAccordingly,\tchanges\tin\texchange\trates\taffect\tour\trevenue\tand\tother\toperating\tresults\tas\texpressed\tin\tU.S.\tdollars\tas\twe\tdo\tnot\ttypically\n\t\nhedge\tforeign\tcurrency\trisk.\n\t\nWe\thave\talso\texperienced,\tand\twill\tcontinue\tto\texperience,\tfluctuations\tin\tour\tnet\tincome\tas\ta\tresult\tof\tgains\t(losses)\ton\tthe\tsettlement\tand\tthe\n\t\nre-measurement\tof\tmonetary\tassets\tand\tliabilities\tdenominated\tin\tcurrencies\tthat\tare\tnot\tthe\tlocal\tcurrency\t(primarily\tconsisting\tof\tour\tintercompany\n\t\nand\tcash\tand\tcash\tequivalents\tbalances).\nWe\tconsidered\tthe\thistorical\ttrends\tin\tforeign\tcurrency\texchange\trates\tand\tdetermined\tthat\tit\tis\treasonably\tpossible\tthat\tadverse\tchanges\tin\n\t\nforeign\tcurrency\texchange\trates\tof\t10%\tfor\tall\tcurrencies\tcould\tbe\texperienced\tin\tthe\tnear-term.\tThese\tchanges\twere\tapplied\tto\tour\ttotal\tmonetary\n\t\nassets\tand\tliabilities\tdenominated\tin\tcurrencies\tother\tthan\tour\tlocal\tcurrencies\tat\tthe\tbalance\tsheet\tdate\tto\tcompute\tthe\timpact\tthese\tchanges\twould"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f4c8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 43, "chroma:document": "have\thad\ton\tour\tnet\tincome\tbefore\tincome\ttaxes.\tThese\tchanges\twould\thave\tresulted\tin\ta\tgain\tor\tloss\tof\t$473\tmillion\tat\tDecember\t31,\t2022\tand\t$277\n\t\nmillion\tat\tDecember\t31,\t2021,\tassuming\tno\tforeign\tcurrency\thedging.\n\t\n44"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f554-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 44, "chroma:document": "ITEM\t8.\t\t\nFINANCIAL\tSTATEMENTS\tAND\tSUPPLEMENTARY\tDATA\n\t\nIndex\tto\tConsolidated\tFinancial\tStatements\n\t\t\n\t\t\n\t\t\n\t\nPage\nReport\tof\tIndependent\tRegistered\tPublic\tAccounting\tFirm\n\t(PCAOB\tID:\t\n238\n)\n\t\t\n\t\n46\nConsolidated\tBalance\tSheets\n\t\t\n\t\n48\nConsolidated\tStatements\tof\tOperations\n\t\t\n\t\n49\nConsolidated\tStatements\tof\tComprehensive\tIncome\n\t\t\n\t\n50\nConsolidated\tStatements\tof\tRedeemable\tNoncontrolling\tInterests\tand\tEquity\n\t\t\n\t\n51\nConsolidated\tStatements\tof\tCash\tFlows\n\t\t\n\t\n52\nNotes\tto\tConsolidated\tFinancial\tStatements\n\t\t\n\t\n53\n\t\n\t\n45"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f5ae-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 45, "chroma:document": "Report\tof\tIndependent\tRegistered\tPublic\tAccounting\tFirm\n\t\nTo\tthe\n\t\nBoard\tof\tDirectors\tand\tStockholders\tof\tTesla,\tInc.\n\t\nOpinions\ton\tthe\tFinancial\tStatements\tand\tInternal\tControl\tover\tFinancial\tReporting\n\t\nWe\thave\taudited\tthe\taccompanying\tconsolidated\tbalance\tsheets\tof\tTesla,\tInc.\tand\tits\tsubsidiaries\t(the\t\u201cCompany\u201d)\tas\tof\tDecember\t31,\t2022\tand\t2021,\n\t\nand\tthe\trelated\tconsolidated\tstatements\tof\toperations,\tof\tcomprehensive\tincome,\tof\tredeemable\tnoncontrolling\tinterests\tand\tequity\tand\tof\tcash\tflows\n\t\nfor\teach\tof\tthe\tthree\tyears\tin\tthe\tperiod\tended\tDecember\t31,\t2022,\tincluding\tthe\trelated\tnotes\t(collectively\treferred\tto\tas\tthe\t\u201cconsolidated\tfinancial\n\t\nstatements\u201d).\tWe\talso\thave\taudited\tthe\tCompany's\tinternal\tcontrol\tover\tfinancial\treporting\tas\tof\tDecember\t31,\t2022,\tbased\ton\tcriteria\testablished\tin\n\t\nInternal\tControl\t-\tIntegrated\tFramework\t(2013)\tissued\tby\tthe\tCommittee\tof\tSponsoring\tOrganizations\tof\tthe\tTreadway\tCommission\t(COSO).\n\t\nIn\tour\topinion,\tthe\tconsolidated\tfinancial\tstatements\treferred\tto\tabove\tpresent\tfairly,\tin\tall\tmaterial\trespects,\tthe\tfinancial\tposition\tof\tthe\tCompany\tas\tof\n\t\nDecember\t31,\t2022\tand\t2021,\tand\tthe\tresults\tof\tits\toperations\tand\tits\tcash\tflows\tfor\teach\tof\tthe\tthree\tyears\tin\tthe\tperiod\tended\tDecember\t31,\t2022\tin\n\t\nconformity\twith\taccounting\tprinciples\tgenerally\taccepted\tin\tthe\tUnited\tStates\tof\tAmerica.\tAlso\tin\tour\topinion,\tthe\tCompany\tmaintained,\tin\tall\tmaterial\n\t\nrespects,\teffective\tinternal\tcontrol\tover\tfinancial\treporting\tas\tof\tDecember\t31,\t2022,\tbased\ton\tcriteria\testablished\tin\tInternal\tControl\t-\tIntegrated"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f612-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 45, "chroma:document": "Framework\t(2013)\tissued\tby\tthe\tCOSO.\n\t\nChanges\tin\tAccounting\tPrinciples\n\t\nAs\tdiscussed\tin\tNote\t2\tto\tthe\tconsolidated\tfinancial\tstatements,\tthe\tCompany\tchanged\tthe\tmanner\tin\twhich\tit\taccounts\tfor\tconvertible\tdebt\tin\t2021.\n\t\nBasis\tfor\tOpinions\n\t\nThe\tCompany's\tmanagement\tis\tresponsible\tfor\tthese\tconsolidated\tfinancial\tstatements,\tfor\tmaintaining\teffective\tinternal\tcontrol\tover\tfinancial\n\t\nreporting,\tand\tfor\tits\tassessment\tof\tthe\teffectiveness\tof\tinternal\tcontrol\tover\tfinancial\treporting,\tincluded\tin\tManagement\u2019s\tReport\ton\tInternal\tControl\n\t\nover\tFinancial\tReporting\tappearing\tunder\tItem\t9A.\tOur\tresponsibility\tis\tto\texpress\topinions\ton\tthe\tCompany\u2019s\tconsolidated\tfinancial\tstatements\tand\ton\n\t\nthe\tCompany's\tinternal\tcontrol\tover\tfinancial\treporting\tbased\ton\tour\taudits.\tWe\tare\ta\tpublic\taccounting\tfirm\tregistered\twith\tthe\tPublic\tCompany\n\t\nAccounting\tOversight\tBoard\t(United\tStates)\t(PCAOB)\tand\tare\trequired\tto\tbe\tindependent\twith\trespect\tto\tthe\tCompany\tin\taccordance\twith\tthe\tU.S.\n\t\nfederal\tsecurities\tlaws\tand\tthe\tapplicable\trules\tand\tregulations\tof\tthe\tSecurities\tand\tExchange\tCommission\tand\tthe\tPCAOB.\n\t\nWe\tconducted\tour\taudits\tin\taccordance\twith\tthe\tstandards\tof\tthe\tPCAOB.\tThose\tstandards\trequire\tthat\twe\tplan\tand\tperform\tthe\taudits\tto\tobtain\n\t\nreasonable\tassurance\tabout\twhether\tthe\tconsolidated\tfinancial\tstatements\tare\tfree\tof\tmaterial\tmisstatement,\twhether\tdue\tto\terror\tor\tfraud,\tand\n\t\nwhether\teffective\tinternal\tcontrol\tover\tfinancial\treporting\twas\tmaintained\tin\tall\tmaterial\trespects.\n\t\nOur\taudits\tof\tthe\tconsolidated\tfinancial\tstatements\tincluded\tperforming\tprocedures\tto\tassess\tthe\trisks\tof\tmaterial\tmisstatement\tof\tthe\tconsolidated"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f66c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 45, "chroma:document": "financial\tstatements,\twhether\tdue\tto\terror\tor\tfraud,\tand\tperforming\tprocedures\tthat\trespond\tto\tthose\trisks.\tSuch\tprocedures\tincluded\texamining,\ton\ta\n\t\ntest\tbasis,\tevidence\tregarding\tthe\tamounts\tand\tdisclosures\tin\tthe\tconsolidated\tfinancial\tstatements.\tOur\taudits\talso\tincluded\tevaluating\tthe\taccounting\n\t\nprinciples\tused\tand\tsignificant\testimates\tmade\tby\tmanagement,\tas\twell\tas\tevaluating\tthe\toverall\tpresentation\tof\tthe\tconsolidated\tfinancial\tstatements.\n\t\nOur\taudit\tof\tinternal\tcontrol\tover\tfinancial\treporting\tincluded\tobtaining\tan\tunderstanding\tof\tinternal\tcontrol\tover\tfinancial\treporting,\tassessing\tthe\trisk\n\t\nthat\ta\tmaterial\tweakness\texists,\tand\ttesting\tand\tevaluating\tthe\tdesign\tand\toperating\teffectiveness\tof\tinternal\tcontrol\tbased\ton\tthe\tassessed\trisk.\tOur\n\t\naudits\talso\tincluded\tperforming\tsuch\tother\tprocedures\tas\twe\tconsidered\tnecessary\tin\tthe\tcircumstances.\tWe\tbelieve\tthat\tour\taudits\tprovide\ta\n\t\nreasonable\tbasis\tfor\tour\topinions.\n\t\nDefinition\tand\tLimitations\tof\tInternal\tControl\tover\tFinancial\tReporting\n\t\nA\tcompany\u2019s\tinternal\tcontrol\tover\tfinancial\treporting\tis\ta\tprocess\tdesigned\tto\tprovide\treasonable\tassurance\tregarding\tthe\treliability\tof\tfinancial\n\t\nreporting\tand\tthe\tpreparation\tof\tfinancial\tstatements\tfor\texternal\tpurposes\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples.\tA\tcompany\u2019s\n\t\ninternal\tcontrol\tover\tfinancial\treporting\tincludes\tthose\tpolicies\tand\tprocedures\tthat\t(i)\tpertain\tto\tthe\tmaintenance\tof\trecords\tthat,\tin\treasonable\tdetail,\n\t\naccurately\tand\tfairly\treflect\tthe\ttransactions\tand\tdispositions\tof\tthe\tassets\tof\tthe\tcompany;\t(ii)\tprovide\treasonable\tassurance\tthat\ttransactions\tare"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f6d0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 45, "chroma:document": "recorded\tas\tnecessary\tto\tpermit\tpreparation\tof\tfinancial\tstatements\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples,\tand\tthat\treceipts\tand\n\t\nexpenditures\tof\tthe\tcompany\tare\tbeing\tmade\tonly\tin\taccordance\twith\tauthorizations\tof\tmanagement\tand\tdirectors\tof\tthe\tcompany;\tand\t(iii)\tprovide\n\t\nreasonable\tassurance\tregarding\tprevention\tor\ttimely\tdetection\tof\tunauthorized\tacquisition,\tuse,\tor\tdisposition\tof\tthe\tcompany\u2019s\tassets\tthat\tcould\thave\ta\n\t\nmaterial\teffect\ton\tthe\tfinancial\tstatements.\n\t\n46"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f734-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 46, "chroma:document": "Because\tof\tits\tinherent\tlimitations,\tinternal\tcontrol\tover\tfinancial\treporting\tmay\tnot\tprevent\tor\tdetect\tmisstatements.\tAlso,\tprojections\tof\tany\tevaluation\n\t\nof\teffectiveness\tto\tfuture\tperiods\tare\tsubject\tto\tthe\trisk\tthat\tcontrols\tmay\tbecome\tinadequate\tbecause\tof\tchanges\tin\tconditions,\tor\tthat\tthe\tdegree\tof\n\t\ncompliance\twith\tthe\tpolicies\tor\tprocedures\tmay\tdeteriorate.\n\t\nCritical\tAudit\tMatters\n\t\nThe\tcritical\taudit\tmatter\tcommunicated\tbelow\tis\ta\tmatter\tarising\tfrom\tthe\tcurrent\tperiod\taudit\tof\tthe\tconsolidated\tfinancial\tstatements\tthat\twas\n\t\ncommunicated\tor\trequired\tto\tbe\tcommunicated\tto\tthe\taudit\tcommittee\tand\tthat\t(i)\trelates\tto\taccounts\tor\tdisclosures\tthat\tare\tmaterial\tto\tthe\n\t\nconsolidated\tfinancial\tstatements\tand\t(ii)\tinvolved\tour\tespecially\tchallenging,\tsubjective,\tor\tcomplex\tjudgments.\tThe\tcommunication\tof\tcritical\taudit\n\t\nmatters\tdoes\tnot\talter\tin\tany\tway\tour\topinion\ton\tthe\tconsolidated\tfinancial\tstatements,\ttaken\tas\ta\twhole,\tand\twe\tare\tnot,\tby\tcommunicating\tthe\tcritical\n\t\naudit\tmatter\tbelow,\tproviding\ta\tseparate\topinion\ton\tthe\tcritical\taudit\tmatter\tor\ton\tthe\taccounts\tor\tdisclosures\tto\twhich\tit\trelates.\n\t\nAutomotive\tWarranty\tReserve\n\t\nAs\tdescribed\tin\tNote\t2\tto\tthe\tconsolidated\tfinancial\tstatements,\ttotal\taccrued\twarranty,\twhich\tprimarily\trelates\tto\tthe\tautomotive\tsegment,\twas\t$3,505\n\t\nmillion\tas\tof\tDecember\t31,\t2022.\tThe\tCompany\tprovides\ta\tmanufacturer\u2019s\twarranty\ton\tall\tnew\tand\tused\tTesla\tvehicles.\tA\twarranty\treserve\tis\taccrued\n\t\nfor\tthese\tproducts\tsold,\twhich\tincludes\tmanagement\u2019s\tbest\testimate\tof\tthe\tprojected\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranty\tand\trecalls\tif"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 46, "chroma:document": "identified.\tThese\testimates\tare\tbased\ton\tactual\tclaims\tincurred\tto\tdate\tand\tan\testimate\tof\tthe\tnature,\tfrequency\tand\tcosts\tof\tfuture\tclaims.\n\t\nThe\tprincipal\tconsiderations\tfor\tour\tdetermination\tthat\tperforming\tprocedures\trelating\tto\tthe\tautomotive\twarranty\treserve\tis\ta\tcritical\taudit\tmatter\tare\n\t\nthe\tsignificant\tjudgment\tby\tmanagement\tin\tdetermining\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels;\tthis\tin\tturn\tled\tto\tsignificant\n\t\nauditor\tjudgment,\tsubjectivity,\tand\teffort\tin\tperforming\tprocedures\tto\tevaluate\tmanagement\u2019s\tsignificant\tassumptions\trelated\tto\tthe\tnature,\tfrequency\n\t\nand\tcosts\tof\tfuture\tclaims\tfor\tcertain\tTesla\tvehicle\tmodels,\tand\tthe\taudit\teffort\tinvolved\tthe\tuse\tof\tprofessionals\twith\tspecialized\tskill\tand\tknowledge.\n\t\nAddressing\tthe\tmatter\tinvolved\tperforming\tprocedures\tand\tevaluating\taudit\tevidence\tin\tconnection\twith\tforming\tour\toverall\topinion\ton\tthe\tconsolidated\n\t\nfinancial\tstatements.\tThese\tprocedures\tincluded\ttesting\tthe\teffectiveness\tof\tcontrols\trelating\tto\tmanagement\u2019s\testimate\tof\tthe\tautomotive\twarranty\n\t\nreserve\tfor\tcertain\tTesla\tvehicle\tmodels,\tincluding\tcontrols\tover\tmanagement\u2019s\tsignificant\tassumptions\trelated\tto\tthe\tnature,\tfrequency\tand\tcosts\tof\n\t\nfuture\tclaims\tas\twell\tas\tthe\tcompleteness\tand\taccuracy\tof\tactual\tclaims\tincurred\tto\tdate.\tThese\tprocedures\talso\tincluded,\tamong\tothers,\tperforming\n\t\none\tof\tthe\tfollowing:\t(i)\ttesting\tmanagement\u2019s\tprocess\tfor\tdetermining\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels\tor\t(ii)\n\t\ndeveloping\tan\tindependent\testimate\tof\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels\tand\tcomparing\tthe\tindependent\testimate\tto"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 46, "chroma:document": "management\u2019s\testimate\tto\tevaluate\tthe\treasonableness\tof\tthe\testimate.\tTesting\tmanagement\u2019s\tprocess\tinvolved\tevaluating\tthe\treasonableness\tof\n\t\nsignificant\tassumptions\trelated\tto\tthe\tnature\tand\tfrequency\tof\tfuture\tclaims\tand\tthe\trelated\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranty.\tEvaluating\n\t\nthe\tassumptions\trelated\tto\tthe\tnature\tand\tfrequency\tof\tfuture\tclaims\tand\tthe\trelated\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranty\tinvolved\n\t\nevaluating\twhether\tthe\tassumptions\tused\twere\treasonable\tby\tperforming\ta\tlookback\tanalysis\tcomparing\tprior\tperiod\tforecasted\tclaims\tto\tactual\tclaims\n\t\nincurred.\tDeveloping\tthe\tindependent\testimate\tinvolved\ttesting\tthe\tcompleteness\tand\taccuracy\tof\thistorical\tvehicle\tclaims\tprocessed\tand\ttesting\tthat\n\t\nsuch\tclaims\twere\tappropriately\tused\tby\tmanagement\tin\tthe\testimation\tof\tfuture\tclaims.\tProfessionals\twith\tspecialized\tskill\tand\tknowledge\twere\tused\tto\n\t\nassist\tin\tdeveloping\tan\tindependent\testimate\tof\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels\tand\tin\tevaluating\tthe\tappropriateness\n\t\nof\tcertain\taspects\tof\tmanagement\u2019s\tsignificant\tassumptions\trelated\tto\tthe\tnature\tand\tfrequency\tof\tfuture\tclaims.\n\t\n\t\n\t\n/s/\t\nPricewaterhouseCoopers\tLLP\n\t\nSan\tJose,\tCalifornia\nJanuary\t30,\t2023\n\t\nWe\thave\tserved\tas\tthe\tCompany\u2019s\tauditor\tsince\t2005.\n\t\n47"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4f856-f41d-11ee-a3fb-0242ac1c000c
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 47, "chroma:document": "Tesla,\tInc.\nConsolidated\tBalance\tSheets\n(in\tmillions,\texcept\tper\tshare\tdata)\n\t\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nAssets\n\t\n\t\n\t\n\t\n\t\n\t\nCurrent\tassets\n\t\n\t\n\t\n\t\n\t\n\t\nCash\tand\tcash\tequivalents\n\t\n$\n16,253\n\t\n\t\n$\n17,576\n\t\nShort-term\tinvestments\n\t\n\t\n5,932\n\t\n\t\n\t\n131\n\t\nAccounts\treceivable,\tnet\n\t\n\t\n2,952\n\t\n\t\n\t\n1,913\n\t\nInventory\n\t\n\t\n12,839\n\t\n\t\n\t\n5,757\n\t\nPrepaid\texpenses\tand\tother\tcurrent\tassets\n\t\n\t\n2,941\n\t\n\t\n\t\n1,723\n\t\nTotal\tcurrent\tassets\n\t\n\t\n40,917\n\t\n\t\n\t\n27,100\n\t\nOperating\tlease\tvehicles,\tnet\n\t\n\t\n5,035\n\t\n\t\n\t\n4,511\n\t\nSolar\tenergy\tsystems,\tnet\n\t\n\t\n5,489\n\t\n\t\n\t\n5,765\n\t\nProperty,\tplant\tand\tequipment,\tnet\n\t\n\t\n23,548\n\t\n\t\n\t\n18,884\n\t\nOperating\tlease\tright-of-use\tassets\n\t\n\t\n2,563\n\t\n\t\n\t\n2,016\n\t\nDigital\tassets,\tnet\n\t\n\t\n184\n\t\n\t\n\t\n1,260\n\t\nIntangible\tassets,\tnet\n\t\n\t\n215\n\t\n\t\n\t\n257\n\t\nGoodwill\n\t\n\t\n194\n\t\n\t\n\t\n200\n\t\nOther\tnon-current\tassets\n\t\n\t\n4,193\n\t\n\t\n\t\n2,138\n\t\nTotal\tassets\n\t\n$\n82,338\n\t\n\t\n$\n62,131\n\t\nLiabilities\n\t\n\t\n\t\n\t\n\t\n\t\nCurrent\tliabilities"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 47, "chroma:document": "Current\tliabilities\n\t\n\t\n\t\n\t\n\t\n\t\nAccounts\tpayable\n\t\n$\n15,255\n\t\n\t\n$\n10,025\n\t\nAccrued\tliabilities\tand\tother\n\t\n\t\n7,142\n\t\n\t\n\t\n5,719\n\t\nDeferred\trevenue\n\t\n\t\n1,747\n\t\n\t\n\t\n1,447\n\t\nCustomer\tdeposits\n\t\n\t\n1,063\n\t\n\t\n\t\n925\n\t\nCurrent\tportion\tof\tdebt\tand\tfinance\tleases\n\t\n\t\n1,502\n\t\n\t\n\t\n1,589\n\t\nTotal\tcurrent\tliabilities\n\t\n\t\n26,709\n\t\n\t\n\t\n19,705\n\t\nDebt\tand\tfinance\tleases,\tnet\tof\tcurrent\tportion\n\t\n\t\n1,597\n\t\n\t\n\t\n5,245\n\t\nDeferred\trevenue,\tnet\tof\tcurrent\tportion\n\t\n\t\n2,804\n\t\n\t\n\t\n2,052\n\t\nOther\tlong-term\tliabilities\n\t\n\t\n5,330\n\t\n\t\n\t\n3,546\n\t\nTotal\tliabilities\n\t\n\t\n36,440\n\t\n\t\n\t\n30,548\n\t\nCommitments\tand\tcontingencies\n\t(Note\t15)\n\t\n\t\n\t\n\t\n\t\n\t\nRedeemable\tnoncontrolling\tinterests\tin\tsubsidiaries\n\t\n\t\n409\n\t\n\t\n\t\n568\n\t\nEquity\n\t\n\t\n\t\n\t\n\t\n\t\nStockholders\u2019\tequity\n\t\n\t\n\t\n\t\n\t\n\t\nPreferred\tstock;\t$\n0.001\n\tpar\tvalue;\t\n100\n\tshares\tauthorized;\t\n\t\t\t\t\nno\n\tshares\tissued\tand\toutstanding\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\nCommon\tstock;\t$\n0.001\n\tpar\tvalue;\t\n6,000\n\tshares\tauthorized;\t\n\t\t\t\t\n3,164\n\tand\t\n3,100\n\tshares\tissued\tand\toutstanding\tas\tof"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 47, "chroma:document": "3,100\n\tshares\tissued\tand\toutstanding\tas\tof\t\n\t\t\t\tDecember\t31,\t2022\tand\tDecember\t31,\t2021,\trespectively\t(1)\n\t\n\t\n3\n\t\n\t\n\t\n3\n\t\nAdditional\tpaid-in\tcapital\n\t\n\t\n32,177\n\t\n\t\n\t\n29,803\n\t\nAccumulated\tother\tcomprehensive\t(loss)\tincome\n\t\n\t\n(\n361\n)\n\t\n\t\n54\n\t\nRetained\tearnings\t(1)\n\t\n\t\n12,885\n\t\n\t\n\t\n329\n\t\nTotal\tstockholders\u2019\tequity\n\t\n\t\n44,704\n\t\n\t\n\t\n30,189\n\t\nNoncontrolling\tinterests\tin\tsubsidiaries\n\t\n\t\n785\n\t\n\t\n\t\n826\n\t\nTotal\tliabilities\tand\tequity\n\t\n$\n82,338\n\t\n\t\n$\n62,131\n\t\n\t\n(1)\nPrior\tperiod\tresults\thave\tbeen\tadjusted\tto\treflect\tthe\t\nthree\n-for-one\tstock\tsplit\teffected\tin\tthe\tform\tof\ta\tstock\tdividend\tin\tAugust\t2022\n.\tSee\tNote\n\t\n1,\t\nOverview\n,\tfor\tdetails.\n\t\n\t\nThe\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n48"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 48, "chroma:document": "Tesla,\tInc.\nConsolidated\tStatements\tof\tOperations\n(in\tmillions,\texcept\tper\tshare\tdata)\n\t\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nRevenues\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAutomotive\tsales\n\t\n$\n67,210\n\t\n\t\n$\n44,125\n\t\n\t\n$\n24,604\n\t\nAutomotive\tregulatory\tcredits\n\t\n\t\n1,776\n\t\n\t\n\t\n1,465\n\t\n\t\n\t\n1,580\n\t\nAutomotive\tleasing\n\t\n\t\n2,476\n\t\n\t\n\t\n1,642\n\t\n\t\n\t\n1,052\n\t\nTotal\tautomotive\trevenues\n\t\n\t\n71,462\n\t\n\t\n\t\n47,232\n\t\n\t\n\t\n27,236\n\t\nEnergy\tgeneration\tand\tstorage\n\t\n\t\n3,909\n\t\n\t\n\t\n2,789\n\t\n\t\n\t\n1,994\n\t\nServices\tand\tother\n\t\n\t\n6,091\n\t\n\t\n\t\n3,802\n\t\n\t\n\t\n2,306\n\t\nTotal\trevenues\n\t\n\t\n81,462\n\t\n\t\n\t\n53,823\n\t\n\t\n\t\n31,536\n\t\nCost\tof\trevenues\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAutomotive\tsales\n\t\n\t\n49,599\n\t\n\t\n\t\n32,415\n\t\n\t\n\t\n19,696\n\t\nAutomotive\tleasing\n\t\n\t\n1,509\n\t\n\t\n\t\n978\n\t\n\t\n\t\n563\n\t\nTotal\tautomotive\tcost\tof\trevenues\n\t\n\t\n51,108\n\t\n\t\n\t\n33,393\n\t\n\t\n\t\n20,259\n\t\nEnergy\tgeneration\tand\tstorage\n\t\n\t\n3,621\n\t\n\t\n\t\n2,918\n\t\n\t\n\t\n1,976\n\t\nServices\tand\tother"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 48, "chroma:document": "1,976\n\t\nServices\tand\tother\n\t\n\t\n5,880\n\t\n\t\n\t\n3,906\n\t\n\t\n\t\n2,671\n\t\nTotal\tcost\tof\trevenues\n\t\n\t\n60,609\n\t\n\t\n\t\n40,217\n\t\n\t\n\t\n24,906\n\t\nGross\tprofit\n\t\n\t\n20,853\n\t\n\t\n\t\n13,606\n\t\n\t\n\t\n6,630\n\t\nOperating\texpenses\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nResearch\tand\tdevelopment\n\t\n\t\n3,075\n\t\n\t\n\t\n2,593\n\t\n\t\n\t\n1,491\n\t\nSelling,\tgeneral\tand\tadministrative\n\t\n\t\n3,946\n\t\n\t\n\t\n4,517\n\t\n\t\n\t\n3,145\n\t\nRestructuring\tand\tother\n\t\n\t\n176\n\t\n\t\n\t\n(\n27\n)\n\t\n\t\n\u2014\n\t\nTotal\toperating\texpenses\n\t\n\t\n7,197\n\t\n\t\n\t\n7,083\n\t\n\t\n\t\n4,636\n\t\nIncome\tfrom\toperations\n\t\n\t\n13,656\n\t\n\t\n\t\n6,523\n\t\n\t\n\t\n1,994\n\t\nInterest\tincome\n\t\n\t\n297\n\t\n\t\n\t\n56\n\t\n\t\n\t\n30\n\t\nInterest\texpense\n\t\n\t\n(\n191\n)\n\t\n\t\n(\n371\n)\n\t\n\t\n(\n748\n)\nOther\t(expense)\tincome,\tnet\n\t\n\t\n(\n43\n)\n\t\n\t\n135\n\t\n\t\n\t\n(\n122\n)\nIncome\tbefore\tincome\ttaxes\n\t\n\t\n13,719\n\t\n\t\n\t\n6,343\n\t\n\t\n\t\n1,154\n\t\nProvision\tfor\tincome\ttaxes\n\t\n\t\n1,132\n\t\n\t\n\t\n699\n\t\n\t\n\t\n292\n\t\nNet\tincome\n\t\n\t\n12,587\n\t\n\t\n\t\n5,644"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 50, "chroma:document": "(\n113\n)\n\t\n\t\n(\n113\n)\nBuy-outs\tof\tnoncontrolling\tinterests\n\t\n\t\n(\n11\n)\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n27\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n27\n\t\n\t\n\t\n(\n61\n)\n\t\n\t\n(\n34\n)\nNet\t(loss)\tincome\n\t\n\t\n(\n102\n)\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n12,556\n\t\n\t\n\t\n12,556\n\t\n\t\n\t\n133\n\t\n\t\n\t\n12,6\n89\n\t\nOther\tcomprehensive\tloss\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n415\n)\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n415\n)\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n415\n)\nBalance\tas\tof\tDecember\t31,\t2022\n\t\n$\n409\n\t\n\t\n\t\n\t\n3,164\n\t\n\t\n$\n3\n\t\n\t\n$\n32,17\n7\n\t\n\t\n$\n(\n361\n)\n\t\n$\n12,885\n\t\n\t\n$\n44,704\n\t\n\t\n$\n785\n\t\n\t\n$\n45,4\n89\n\t\n\t\n(1)\nPrior\tperiod\tresults\thave\tbeen\tadjusted\tto\treflect\tthe\t\nthree\n-for-one\tstock\tsplit\teffected\tin\tthe\tform\tof\ta\tstock\tdividend\tin\tAugust\t2022\n.\tSee\tNote\n\t\n1,\t\nOverview\n,\tfor\tdetails.\n\t\nThe\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n51"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 51, "chroma:document": "Tesla,\tInc.\nConsolidated\tStatements\tof\tCash\tFlows\n(in\tmillions)\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nCash\tFlows\tfrom\tOperating\tActivities\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nNet\tincome\n\t\n$\n12,587\n\t\n\t\n$\n5,644\n\t\n\t\n$\n862\n\t\nAdjustments\tto\treconcile\tnet\tincome\tto\tnet\tcash\tprovided\tby\toperating\tactivities:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nDepreciation,\tamortization\tand\timpairment\n\t\n\t\n3,747\n\t\n\t\n\t\n2,911\n\t\n\t\n\t\n2,322\n\t\nStock-based\tcompensation\n\t\n\t\n1,560\n\t\n\t\n\t\n2,121\n\t\n\t\n\t\n1,734\n\t\nInventory\tand\tpurchase\tcommitments\twrite-downs\n\t\n\t\n177\n\t\n\t\n\t\n140\n\t\n\t\n\t\n202\n\t\nForeign\tcurrency\ttransaction\tnet\tunrealized\tloss\t(gain)\n\t\n\t\n81\n\t\n\t\n\t\n(\n55\n)\n\t\n\t\n114\n\t\nNon-cash\tinterest\tand\tother\toperating\tactivities\n\t\n\t\n340\n\t\n\t\n\t\n245\n\t\n\t\n\t\n525\n\t\nDigital\tassets\tloss\t(gain),\tnet\n\t\n\t\n140\n\t\n\t\n\t\n(\n27\n)\n\t\n\t\n\u2014\n\t\nChanges\tin\toperating\tassets\tand\tliabilities:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAccounts\treceivable\n\t\n\t\n(\n1,124\n)\n\t\n\t\n(\n130\n)\n\t\n\t\n(\n652\n)\nInventory\n\t\n\t\n(\n6,465\n)\n\t\n\t\n(\n1,709\n)\n\t\n\t\n(\n422\n)\nOperating\tlease\tvehicles"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 51, "chroma:document": "(\n422\n)\nOperating\tlease\tvehicles\n\t\n\t\n(\n1,570\n)\n\t\n\t\n(\n2,114\n)\n\t\n\t\n(\n1,072\n)\nPrepaid\texpenses\tand\tother\tcurrent\tassets\n\t\n\t\n(\n1,417\n)\n\t\n\t\n(\n271\n)\n\t\n\t\n(\n251\n)\nOther\tnon-current\tassets\n\t\n\t\n(\n2,551\n)\n\t\n\t\n(\n1,291\n)\n\t\n\t\n(\n344\n)\nAccounts\tpayable\tand\taccrued\tliabilities\n\t\n\t\n6,029\n\t\n\t\n\t\n4,578\n\t\n\t\n\t\n2,102\n\t\nDeferred\trevenue\n\t\n\t\n1,131\n\t\n\t\n\t\n793\n\t\n\t\n\t\n321\n\t\nCustomer\tdeposits\n\t\n\t\n155\n\t\n\t\n\t\n186\n\t\n\t\n\t\n7\n\t\nOther\tlong-term\tliabilities\n\t\n\t\n1,904\n\t\n\t\n\t\n476\n\t\n\t\n\t\n495\n\t\nNet\tcash\tprovided\tby\toperating\tactivities\n\t\n\t\n14,724\n\t\n\t\n\t\n11,497\n\t\n\t\n\t\n5,943\n\t\nCash\tFlows\tfrom\tInvesting\tActivities\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nPurchases\tof\tproperty\tand\tequipment\texcluding\tfinance\tleases,\tnet\tof\tsales\n\t\n\t\n(\n7,158\n)\n\t\n\t\n(\n6,482\n)\n\t\n\t\n(\n3,157\n)\nPurchases\tof\tsolar\tenergy\tsystems,\tnet\tof\tsales\n\t\n\t\n(\n5\n)\n\t\n\t\n(\n32\n)\n\t\n\t\n(\n75\n)\nPurchases\tof\tdigital\tassets\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n1,500\n)\n\t\n\t\n\u2014\n\t\nProceeds\tfrom\tsales\tof\tdigital\tassets\n\t\n\t\n936\n\t\n\t\n\t\n272\n\t\n\t\n\t\n\u2014"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4feb4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 51, "chroma:document": "272\n\t\n\t\n\t\n\u2014\n\t\nPurchase\tof\tintangible\tassets\n\t\n\t\n(\n9\n)\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n10\n)\nPurchases\tof\tinvestments\n\t\n\t\n(\n5,835\n)\n\t\n\t\n(\n132\n)\n\t\n\t\n\u2014\n\t\nProceeds\tfrom\tmaturities\tof\tinvestments\n\t\n\t\n22\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\nReceipt\tof\tgovernment\tgrants\n\t\n\t\n76\n\t\n\t\n\t\n6\n\t\n\t\n\t\n123\n\t\nBusiness\tcombinations,\tnet\tof\tcash\tacquired\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n13\n)\nNet\tcash\tused\tin\tinvesting\tactivities\n\t\n\t\n(\n11,973\n)\n\t\n\t\n(\n7,868\n)\n\t\n\t\n(\n3,132\n)\nCash\tFlows\tfrom\tFinancing\tActivities\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nProceeds\tfrom\tissuances\tof\tcommon\tstock\tin\tpublic\tofferings,\tnet\tof\tissuance\tcosts\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n12,269\n\t\nProceeds\tfrom\tissuances\tof\tdebt\n\t\n\t\n\u2014\n\t\n\t\n\t\n8,883\n\t\n\t\n\t\n9,713\n\t\nRepayments\tof\tconvertible\tand\tother\tdebt\n\t\n\t\n(\n3,364\n)\n\t\n\t\n(\n14,167\n)\n\t\n\t\n(\n11,623\n)\nCollateralized\tlease\trepayments\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n9\n)\n\t\n\t\n(\n240\n)\nProceeds\tfrom\texercises\tof\tstock\toptions\tand\tother\tstock\tissuances\n\t\n\t\n541\n\t\n\t\n\t\n707\n\t\n\t\n\t\n417\n\t\nPrincipal\tpayments\ton\tfinance\tleases\n\t\n\t\n(\n502\n)"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ff18-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 51, "chroma:document": "(\n502\n)\n\t\n\t\n(\n439\n)\n\t\n\t\n(\n338\n)\nDebt\tissuance\tcosts\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n9\n)\n\t\n\t\n(\n6\n)\nProceeds\tfrom\tinvestments\tby\tnoncontrolling\tinterests\tin\tsubsidiaries\n\t\n\t\n\u2014\n\t\n\t\n\t\n2\n\t\n\t\n\t\n24\n\t\nDistributions\tpaid\tto\tnoncontrolling\tinterests\tin\tsubsidiaries\n\t\n\t\n(\n157\n)\n\t\n\t\n(\n161\n)\n\t\n\t\n(\n208\n)\nPayments\tfor\tbuy-outs\tof\tnoncontrolling\tinterests\tin\tsubsidiaries\n\t\n\t\n(\n45\n)\n\t\n\t\n(\n10\n)\n\t\n\t\n(\n35\n)\nNet\tcash\t(used\tin)\tprovided\tby\tfinancing\tactivities\n\t\n\t\n(\n3,527\n)\n\t\n\t\n(\n5,203\n)\n\t\n\t\n9,973\n\t\nEffect\tof\texchange\trate\tchanges\ton\tcash\tand\tcash\tequivalents\tand\trestricted\tcash\n\t\n\t\n(\n444\n)\n\t\n\t\n(\n183\n)\n\t\n\t\n334\n\t\nNet\t(decrease)\tincrease\tin\tcash\tand\tcash\tequivalents\tand\trestricted\tcash\n\t\n\t\n(\n1,220\n)\n\t\n\t\n(\n1,757\n)\n\t\n\t\n13,118\n\t\nCash\tand\tcash\tequivalents\tand\trestricted\tcash,\tbeginning\tof\tperiod\n\t\n\t\n18,144\n\t\n\t\n\t\n19,901\n\t\n\t\n\t\n6,783\n\t\nCash\tand\tcash\tequivalents\tand\trestricted\tcash,\tend\tof\tperiod\n\t\n$\n16,924\n\t\n\t\n$\n18,144\n\t\n\t\n$\n19,901\n\t\nSupplemental\tNon-Cash\tInvesting\tand\tFinancing\tActivities"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ff72-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 51, "chroma:document": "Acquisitions\tof\tproperty\tand\tequipment\tincluded\tin\tliabilities\n\t\n$\n2,148\n\t\n\t\n$\n2,251\n\t\n\t\n$\n1,088\n\t\nSupplemental\tDisclosures\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nCash\tpaid\tduring\tthe\tperiod\tfor\tinterest,\tnet\tof\tamounts\tcapitalized\n\t\n$\n152\n\t\n\t\n$\n266\n\t\n\t\n$\n444\n\t\nCash\tpaid\tduring\tthe\tperiod\tfor\ttaxes,\tnet\tof\trefunds\n\t\n$\n1,203\n\t\n\t\n$\n561\n\t\n\t\n$\n115\n\t\n\t\nThe\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n52"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d4ffd6-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 52, "chroma:document": "Tesla,\tInc.\n\t\nNotes\tto\tConsolidated\tFinancial\tStatements\n\t\nNote\t1\t\u2013\tOverview\nTesla,\tInc.\t(\u201cTesla\u201d,\tthe\t\u201cCompany\u201d,\t\u201cwe\u201d,\t\u201cus\u201d\tor\t\u201cour\u201d)\twas\tincorporated\tin\tthe\tState\tof\tDelaware\ton\tJuly\t1,\t2003.\tWe\tdesign,\tdevelop,\n\t\nmanufacture,\tsell\tand\tlease\thigh-performance\tfully\telectric\tvehicles\tand\tenergy\tgeneration\tand\tstorage\tsystems,\tand\toffer\tservices\trelated\tto\tour\n\t\nproducts.\tOur\tChief\tExecutive\tOfficer,\tas\tthe\tchief\toperating\tdecision\tmaker\t(\u201cCODM\u201d),\torganizes\tour\tcompany,\tmanages\tresource\tallocations\tand\n\t\nmeasures\tperformance\tamong\t\ntwo\n\toperating\tand\treportable\tsegments:\t(i)\tautomotive\tand\t(ii)\tenergy\tgeneration\tand\tstor\nage.\nSince\tthe\tfirst\tquarter\tof\t2020,\tthere\thas\tbeen\ta\tworldwide\timpact\tfrom\tthe\tCOVID-19\tpandemic,\tas\twell\tas\tan\teasing\tof\trestrictions\ton\tsocial,\n\t\nbusiness,\ttravel\tand\tgovernment\tactivities\tand\tfunctions.\tThere\tare\tongoing\tglobal\timpacts\tresulting\tfrom\tthe\tpandemic,\tand\twe\thave\tbeen\taffected\tby\n\t\ntemporary\tmanufacturing\tclosures,\temployment\tand\tcompensation\tadjustments\tand\timpediments\tto\tadministrative\tactivities\tsupporting\tour\tproduct\n\t\ndeliveries\tand\tdeployments.\tIn\taddition,\twe\thave\texperienced\tand\tare\texperiencing\tthe\timpacts\tof\tvarying\tlevels\tof\tinflation\tcaused\tby\tthe\tCOVID\u201019\n\t\npandemic\tand\tgeneral\tglobal\teconomic\tconditions.\nOn\tAugust\t5,\t2022,\twe\tincreased\tthe\tnumber\tof\tauthorized\tshares\tof\tcommon\tstock\tby\t\n4,000,000,000\n\tshares\n\tand\tour\tBoard\tof\tDirectors\tdeclared"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50030-f41d-11ee-a3fb-0242ac1c000c
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 52, "chroma:document": "and\tour\tBoard\tof\tDirectors\tdeclared\n\t\nthe\t2022\tStock\tSplit.\tEach\tstockholder\tof\trecord\ton\tAugust\t17,\t2022\treceived\ta\tdividend\tof\ttwo\tadditional\tshares\tof\tcommon\tstock\tfor\teach\tthen-held\n\t\nshare,\tdistributed\tafter\tclose\tof\ttrading\ton\tAugust\t24,\t2022.\tAll\tshare\tand\tper\tshare\tamounts\tpresented\therein\thave\tbeen\tretroactively\tadjusted\tto\n\t\nreflect\tthe\timpact\tof\tthe\t2022\tStock\tSplit.\n\t\nNote\t2\t\u2013\tSummary\tof\tSignificant\tAccounting\tPolicies\nPrinciples\tof\tConsolidation\nThe\taccompanying\tconsolidated\tfinancial\tstatements\thave\tbeen\tprepared\tin\tconformity\twith\tGAAP\tand\treflect\tour\taccounts\tand\toperations\tand\n\t\nthose\tof\tour\tsubsidiaries\tin\twhich\twe\thave\ta\tcontrolling\tfinancial\tinterest.\tIn\taccordance\twith\tthe\tprovisions\tof\tASC\t810,\t\nConsolidation\t\n(\u201cASC\t810\u201d),\twe\n\t\nconsolidate\tany\tvariable\tinterest\tentity\t(\u201cVIE\u201d)\tof\twhich\twe\tare\tthe\tprimary\tbeneficiary.\tWe\thave\tformed\tVIEs\twith\tfinancing\tfund\tinvestors\tin\tthe\n\t\nordinary\tcourse\tof\tbusiness\tin\torder\tto\tfacilitate\tthe\tfunding\tand\tmonetization\tof\tcertain\tattributes\tassociated\twith\tsolar\tenergy\tsystems\tand\tleases\n\t\nunder\tour\tdirect\tvehicle\tleasing\tprograms.\tThe\ttypical\tcondition\tfor\ta\tcontrolling\tfinancial\tinterest\townership\tis\tholding\ta\tmajority\tof\tthe\tvoting\n\t\ninterests\tof\tan\tentity;\thowever,\ta\tcontrolling\tfinancial\tinterest\tmay\talso\texist\tin\tentities,\tsuch\tas\tVIEs,\tthrough\tarrangements\tthat\tdo\tnot\tinvolve\n\t\ncontrolling\tvoting\tinterests.\tASC\t810\trequires\ta\tvariable\tinterest\tholder\tto\tconsolidate\ta\tVIE\tif\tthat\tparty\thas\tthe\tpower\tto\tdirect\tthe\tactivities\tof\tthe"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5008a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 52, "chroma:document": "VIE\tthat\tmost\tsignificantly\timpact\tthe\tVIE\u2019s\teconomic\tperformance\tand\tthe\tobligation\tto\tabsorb\tlosses\tof\tthe\tVIE\tthat\tcould\tpotentially\tbe\tsignificant\tto\n\t\nthe\tVIE\tor\tthe\tright\tto\treceive\tbenefits\tfrom\tthe\tVIE\tthat\tcould\tpotentially\tbe\tsignificant\tto\tthe\tVIE.\tWe\tdo\tnot\tconsolidate\ta\tVIE\tin\twhich\twe\thave\ta\n\t\nmajority\townership\tinterest\twhen\twe\tare\tnot\tconsidered\tthe\tprimary\tbeneficiary.\tWe\thave\tdetermined\tthat\twe\tare\tthe\tprimary\tbeneficiary\tof\tall\tthe\n\t\nVIEs\t(see\tNote\t16\n,\tVariable\tInterest\tEntity\tArrangements\n).\tWe\tevaluate\tour\trelationships\twith\tall\tthe\tVIEs\ton\tan\tongoing\tbasis\tto\tensure\tthat\twe\n\t\ncontinue\tto\tbe\tthe\tprimary\tbeneficiary.\tAll\tintercompany\ttransactions\tand\tbalances\thave\tbeen\teliminated\tupon\tconsolidation.\nUse\tof\tEstimates\nThe\tpreparation\tof\tfinancial\tstatements\tin\tconformity\twith\tGAAP\trequires\tmanagement\tto\tmake\testimates\tand\tassumptions\tthat\taffect\tthe\n\t\nreported\tamounts\tof\tassets,\tliabilities,\trevenues,\tcosts\tand\texpenses\tand\trelated\tdisclosures\tin\tthe\taccompanying\tnotes.\tThe\testimates\tused\tfor,\tbut\tnot\n\t\nlimited\tto,\tdetermining\tsignificant\teconomic\tincentive\tfor\tresale\tvalue\tguarantee\tarrangements,\tsales\treturn\treserves,\tthe\tcollectability\tof\taccounts\tand\n\t\nfinance\treceivables,\tinventory\tvaluation,\twarranties,\tfair\tvalue\tof\tlong-lived\tassets,\tgoodwill,\tfair\tvalue\tof\tfinancial\tinstruments,\tfair\tvalue\tand\tresidual\n\t\nvalue\tof\toperating\tlease\tvehicles\tand\tsolar\tenergy\tsystems\tsubject\tto\tleases\tcould\tbe\timpacted.\tWe\thave\tassessed\tthe\timpact\tand\tare\tnot\taware\tof\tany\n\t\nspecific\tevents\tor\tcircumstances\tthat\trequired\tan\tupdate\tto\tour\testimates\tand\tassumptions\tor\tmaterially\taffected\tthe\tcarrying\tvalue\tof\tour\tassets\tor"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d500e4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 52, "chroma:document": "liabilities\tas\tof\tthe\tdate\tof\tissuance\tof\tthis\tAnnual\tReport\ton\tForm\t10-K.\tThese\testimates\tmay\tchange\tas\tnew\tevents\toccur\tand\tadditional\tinformation\tis\n\t\nobtained.\tActual\tresults\tcould\tdiffer\tmaterially\tfrom\tthese\testimates\tunder\tdifferent\tassumptions\tor\tconditions.\nReclassifications\nCertain\tprior\tperiod\tbalances\thave\tbeen\treclassified\tto\tconform\tto\tthe\tcurrent\tperiod\tpresentation\tin\tthe\tconsolidated\tfinancial\tstatements\tand\n\t\nthe\taccompanying\tnotes.\n53"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50148-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 53, "chroma:document": "Revenue\tRecognition\nRevenue\tby\tsource\nThe\tfollowing\ttable\tdisaggregates\tour\trevenue\tby\tmajor\tsource\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nAutomotive\tsales\t(1)\n\t\n$\n67,210\n\t\n\t\n$\n44,125\n\t\n\t\n$\n24,604\n\t\nAutomotive\tregulatory\tcredits\n\t\n\t\n1,776\n\t\n\t\n\t\n1,465\n\t\n\t\n\t\n1,580\n\t\nEnergy\tgeneration\tand\tstorage\tsales\n\t\n\t\n3,376\n\t\n\t\n\t\n2,279\n\t\n\t\n\t\n1,477\n\t\nServices\tand\tother\n\t\n\t\n6,091\n\t\n\t\n\t\n3,802\n\t\n\t\n\t\n2,306\n\t\nTotal\trevenues\tfrom\tsales\tand\tservices\n\t\n\t\n78,453\n\t\n\t\n\t\n51,671\n\t\n\t\n\t\n29,967\n\t\nAutomotive\tleasing\n\t\n\t\n2,476\n\t\n\t\n\t\n1,642\n\t\n\t\n\t\n1,052\n\t\nEnergy\tgeneration\tand\tstorage\tleasing\n\t\n\t\n533\n\t\n\t\n\t\n510\n\t\n\t\n\t\n517\n\t\nTotal\trevenues\n\t\n$\n81,462\n\t\n\t\n$\n53,823\n\t\n\t\n$\n31,536\n\t\n\t\n(1)\nPricing\tadjustments\ton\tour\tvehicle\tofferings\tcan\timpact\tthe\testimate\tof\tlikelihood\tthat\tcustomers\twould\texercise\ttheir\tresale\tvalue\tguarantees,\n\t\nresulting\tin\tan\tadjustment\tof\tour\tsales\treturn\treserve\ton\tvehicles\tsold\twith\tresale\tvalue\tguarantees.\tActual\treturn\trates\tbeing\tlower\tthan\n\t\nexpected\tand\tincreases\tin\tresale\tvalues\tof\tour\tvehicles\tin\t2021\tresulted\tin\ta\tnet\trelease\tof\tour\treserve\tof\t$\n365\n\tmillion\tfor\tthe\tyear\tended"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d501a2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 53, "chroma:document": "365\n\tmillion\tfor\tthe\tyear\tended\n\t\nDecember\t31,\t2021,\twhich\trepresented\tincreases\tin\tautomotive\tsales\trevenue.\tThe\tnet\trelease\tor\tincrease\tof\treserves\twhich\timpacted\n\t\nautomotive\tsales\trevenue\twere\timmaterial\tfor\tthe\tyears\tended\tDecember\t31,\t2022\tand\tDecember\t31,\t2020.\tFurther,\t$\n324\n\tmillion\tof\tthe\ttotal\n\t\nrevenue\trecognized\tas\tof\tDecember\t31,\t2022\tis\trelated\tto\tthe\tgeneral\tFSD\tfeature\trelease\tin\tNorth\tAmerica\tin\tthe\tfourth\tquarter\tof\t2022.\n\t\nAutomotive\tSegment\nAutomotive\tSales\nAutomotive\tsales\trevenue\tincludes\trevenues\trelated\tto\tcash\tand\tfinancing\tdeliveries\tof\tnew\tvehicles,\tand\tspecific\tother\tfeatures\tand\tservices\n\t\nthat\tmeet\tthe\tdefinition\tof\ta\tperformance\tobligation\tunder\tASC\t606,\tincluding\taccess\tto\tour\tFSD\tfeatures,\tinternet\tconnectivity,\tSupercharger\tnetwork\n\t\nand\tover-the-air\tsoftware\tupdates.\tWe\trecognize\trevenue\ton\tautomotive\tsales\tupon\tdelivery\tto\tthe\tcustomer,\twhich\tis\twhen\tthe\tcontrol\tof\ta\tvehicle\n\t\ntransfers.\tPayments\tare\ttypically\treceived\tat\tthe\tpoint\tcontrol\ttransfers\tor\tin\taccordance\twith\tpayment\tterms\tcustomary\tto\tthe\tbusiness,\texcept\tsales\n\t\nwe\tfinance\tfor\twhich\tpayments\tare\tcollected\tover\tthe\tcontractual\tloan\tterm.\tWe\talso\trecognize\ta\tsales\treturn\treserve\tbased\ton\thistorical\texperience\n\t\nplus\tconsideration\tfor\texpected\tfuture\tmarket\tvalues,\twhen\twe\toffer\tresale\tvalue\tguarantees\tor\tsimilar\tbuyback\tterms.\tOther\tfeatures\tand\tservices\tsuch\n\t\nas\taccess\tto\tour\tinternet\tconnectivity,\tlegacy\tprograms\toffering\tunlimited\tfree\tSupercharging\tand\tover-the-air\tsoftware\tupdates\tare\tprovisioned\tupon"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d501fc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 53, "chroma:document": "control\ttransfer\tof\ta\tvehicle\tand\trecognized\tover\ttime\ton\ta\tstraight-line\tbasis\tas\twe\thave\ta\tstand-ready\tobligation\tto\tdeliver\tsuch\tservices\tto\tthe\n\t\ncustomer.\tOther\tlimited\tfree\tSupercharging\tincentives\tare\trecognized\tbased\ton\tactual\tusage\tor\texpiration,\twhichever\tis\tearlier.\tWe\trecognize\trevenue\n\t\nrelated\tto\tthese\tother\tfeatures\tand\tservices\tover\tthe\tperformance\tperiod,\twhich\tis\tgenerally\tthe\texpected\townership\tlife\tof\tthe\tvehicle.\tRevenue\trelated\n\t\nto\tFSD\tis\trecognized\twhen\tfunctionality\tis\tdelivered\tto\tthe\tcustomer\tand\tthe\tportion\trelated\tto\tsoftware\tupdates\tis\trecognized\tover\ttime.\tFor\tour\n\t\nobligations\trelated\tto\tautomotive\tsales,\twe\testimate\tstandalone\tselling\tprice\tby\tconsidering\tcosts\tused\tto\tdevelop\tand\tdeliver\tthe\tservice,\tthird-party\n\t\npricing\tof\tsimilar\toptions\tand\tother\tinformation\tthat\tmay\tbe\tavailable.\nAny\tfees\tthat\tare\tpaid\tor\tpayable\tby\tus\tto\ta\tcustomer\u2019s\tlender\twhen\twe\tarrange\tthe\tfinancing\tare\trecognized\tas\tan\toffset\tagainst\tautomotive\n\t\nsales\trevenue.\tCosts\tto\tobtain\ta\tcontract\tmainly\trelate\tto\tcommissions\tpaid\tto\tour\tsales\tpersonnel\tfor\tthe\tsale\tof\tvehicles.\tAs\tour\tcontract\tcosts\trelated\n\t\nto\tautomotive\tsales\tare\ttypically\tfulfilled\twithin\tone\tyear,\tthe\tcosts\tto\tobtain\ta\tcontract\tare\texpensed\tas\tincurred.\tAmounts\tbilled\tto\tcustomers\trelated\n\t\nto\tshipping\tand\thandling\tare\tclassified\tas\tautomotive\tsales\trevenue,\tand\twe\thave\telected\tto\trecognize\tthe\tcost\tfor\tfreight\tand\tshipping\twhen\tcontrol\n\t\nover\tvehicles,\tparts\tor\taccessories\thave\ttransferred\tto\tthe\tcustomer\tas\tan\texpense\tin\tcost\tof\tautomotive\tsales\trevenue.\tOur\tpolicy\tis\tto\texclude\ttaxes\n\t\ncollected\tfrom\ta\tcustomer\tfrom\tthe\ttransaction\tprice\tof\tautomotive\tcontracts.\n54"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50256-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 54, "chroma:document": "We\toffer\tresale\tvalue\tguarantees\tor\tsimilar\tbuy-back\tterms\tto\tcertain\tinternational\tcustomers\twho\tpurchase\tvehicles\tand\twho\tfinance\ttheir\n\t\nvehicles\tthrough\tone\tof\tour\tspecified\tcommercial\tbanking\tpartners.\tUnder\tthese\tprograms,\twe\treceive\tfull\tpayment\tfor\tthe\tvehicle\tsales\tprice\tat\tthe\n\t\ntime\tof\tdelivery\tand\tour\tcounterparty\thas\tthe\toption\tof\tselling\ttheir\tvehicle\tback\tto\tus\tduring\tthe\tguarantee\tperiod,\twhich\tcurrently\tis\tgenerally\tat\tthe\n\t\nend\tof\tthe\tterm\tof\tthe\tapplicable\tloan\tor\tfinancing\tprogram,\tfor\ta\tpre-determined\tresale\tvalue.\tWe\taccount\tfor\tsuch\tautomotive\tsales\tas\ta\tsale\twith\ta\n\t\nright\tof\treturn\twhen\twe\tdo\tnot\tbelieve\tthe\tcustomer\thas\ta\tsignificant\teconomic\tincentive\tto\texercise\tthe\tresale\tvalue\tguarantee\tprovided\tto\tthem\tat\n\t\ncontract\tinception.\tThe\tprocess\tto\tdetermine\twhether\tthere\tis\ta\tsignificant\teconomic\tincentive\tincludes\ta\tcomparison\tof\ta\tvehicle\u2019s\testimated\tmarket\n\t\nvalue\tat\tthe\ttime\tthe\toption\tis\texercisable\twith\tthe\tguaranteed\tresale\tvalue\tto\tdetermine\tthe\tcustomer\u2019s\teconomic\tincentive\tto\texercise.\tOn\ta\tquarterly\n\t\nbasis,\twe\tassess\tthe\testimated\tmarket\tvalues\tof\tvehicles\tsold\twith\tresale\tvalue\tguarantees\tto\tdetermine\twhether\tthere\thave\tbeen\tchanges\tto\tthe\n\t\nlikelihood\tof\tfuture\tproduct\treturns.\tAs\twe\taccumulate\tmore\tdata\trelated\tto\tthe\tresale\tvalues\tof\tour\tvehicles\tor\tas\tmarket\tconditions\tchange,\tthere\tmay\n\t\nbe\tmaterial\tchanges\tto\ttheir\testimated\tvalues.\tThe\ttotal\tsales\treturn\treserve\ton\tvehicles\tsold\twith\tresale\tvalue\tguarantees\twas\t\n$\n91\n\tmillion\tand\t\n$\n223\n\t\nmillion\tas\tof\tDecember\t31,\t2022\tand\t2021,\trespectively,\tof\twhich\t\n$\n40\n\tmillion\tand\t\n$\n91\n\tmillion\twas\tshort-term,\trespectively."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d502ba-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 54, "chroma:document": "91\n\tmillion\twas\tshort-term,\trespectively.\n\t\nDeferred\trevenue\trelated\tto\tthe\taccess\tto\tour\tFSD\tfeatures,\tinternet\tconnectivity,\tfree\tSupercharging\tprograms\tand\tover-the-air\tsoftware\n\t\nupdates\tprimarily\ton\tautomotive\tsales\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\nYear\tended\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nDeferred\trevenue\u2014\tbeginning\tof\tperiod\n\t\n$\n2,382\n\t\n\t\n$\n1,926\n\t\nAdditions\n\t\n\t\n1,178\n\t\n\t\n\t\n847\n\t\nNet\tchanges\tin\tliability\tfor\tpre-existing\tcontracts\n\t\n\t\n(\n67\n)\n\t\n\t\n(\n25\n)\nRevenue\trecognized\n\t\n\t\n(\n580\n)\n\t\n\t\n(\n366\n)\nDeferred\trevenue\u2014\tend\tof\tperiod\n\t\n$\n2,913\n\t\n\t\n$\n2,382\n\t\nDeferred\trevenue\tis\tequivalent\tto\tthe\ttotal\ttransaction\tprice\tallocated\tto\tthe\tperformance\tobligations\tthat\tare\tunsatisfied,\tor\tpartially\tunsatisfied,\n\t\nas\tof\tthe\tbalance\tsheet\tdate.\tRevenue\trecognized\tfrom\tthe\tdeferred\trevenue\tbalance\tas\tof\tDecember\t31,\t2021\twas\t\n$\n472\n\tmillion\tas\tof\tDecember\t31,\n\t\n2022,\tprimarily\trelated\tto\tthe\tgeneral\tFSD\tfeature\trelease\tin\tNorth\tAmerica\tin\tthe\tfourth\tquarter\tof\t2022.\tWe\thad\trecognized\trevenue\tof\t\n$\n312\n\tmillion\n\t\nfrom\tthe\tdeferred\trevenue\tbalance\tas\tof\tDecember\t31,\t2020,\tfor\tthe\tyear\tended\tDecember\t31,\t2021.\tOf\tthe\ttotal\tdeferred\trevenue\tbalance\tas\tof\n\t\nDecember\t31,\t2022,\twe\texpect\tto\trecognize\t\n$\n639\n\tmillion\tof\trevenue\tin\tthe\tnext\t12\tmonths.\tThe\tremaining\tbalance\twill\tbe\trecognized\tat\tthe\ttime\tof"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5031e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 54, "chroma:document": "transfer\tof\tcontrol\tof\tthe\tproduct\tor\tover\tthe\tperformance\tperiod\tas\tdiscussed\tabove\tin\tAutomotive\tSales.\nWe\thave\tbeen\tproviding\tloans\tfor\tfinancing\tour\tautomotive\tdeliveries\tduring\tthe\tyear\tended\tDecember\t31,\t2022.\tWe\thave\trecorded\tnet\tfinancing\n\t\nreceivables\ton\tthe\tconsolidated\tbalance\tsheets,\tof\twhich\t$\n128\n\tmillion\tis\trecorded\twithin\tAccounts\treceivable,\tnet,\tfor\tthe\tcurrent\tportion\tand\t$\n665\n\t\nmillion\tis\trecorded\twithin\tOther\tnon-current\tassets\tfor\tthe\tlong-term\tportion,\tas\tof\tDecember\t31,\t2022.\nAutomotive\tRegulatory\tCredits\nWe\tearn\ttradable\tcredits\tin\tthe\toperation\tof\tour\tautomotive\tbusiness\tunder\tvarious\tregulations\trelated\tto\tZEVs,\tgreenhouse\tgas,\tfuel\teconomy\n\t\nand\tclean\tfuel.\tWe\tsell\tthese\tcredits\tto\tother\tregulated\tentities\twho\tcan\tuse\tthe\tcredits\tto\tcomply\twith\temission\tstandards\tand\tother\tregulatory\n\t\nrequirements.\n\t\nPayments\tfor\tautomotive\tregulatory\tcredits\tare\ttypically\treceived\tat\tthe\tpoint\tcontrol\ttransfers\tto\tthe\tcustomer,\tor\tin\taccordance\twith\tpayment\n\t\nterms\tcustomary\tto\tthe\tbusiness.\tWe\trecognize\trevenue\ton\tthe\tsale\tof\tautomotive\tregulatory\tcredits,\twhich\thave\tnegligible\tincremental\tcosts\tassociated\n\t\nwith\tthem,\tat\tthe\ttime\tcontrol\tof\tthe\tregulatory\tcredits\tis\ttransferred\tto\tthe\tpurchasing\tparty.\tDeferred\trevenue\trelated\tto\tsales\tof\tautomotive\n\t\nregulatory\tcredits\twas\timmaterial\tas\tof\tDecember\t31,\t2022\tand\t2021.\tRevenue\trecognized\tfrom\tthe\tdeferred\trevenue\tbalance\tas\tof\tDecember\t31,\t2021\n\t\nand\t2020\twas\timmaterial\tfor\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021.\tDuring\tthe\tyear\tended\tDecember\t31,\t2022\n,\twe\thad\talso\trecognized\t$\n288"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50382-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 54, "chroma:document": ",\twe\thad\talso\trecognized\t$\n288\n\t\nmillion\tin\trevenue\tdue\tto\tchanges\tin\tregulation\twhich\tentitled\tus\tto\tadditional\tconsideration\tfor\tcredits\tsold\tpreviously.\n55"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5040e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 55, "chroma:document": "Automotive\tLeasing\tRevenue\nDirect\tVehicle\tOperating\tLeasing\tProgram\nWe\thave\toutstanding\tleases\tunder\tour\tdirect\tvehicle\toperating\tleasing\tprograms\tin\tthe\tU.S.,\tCanada\tand\tin\tcertain\tcountries\tin\tEurope.\n\t\nQualifying\tcustomers\tare\tpermitted\tto\tlease\ta\tvehicle\tdirectly\tfrom\tTesla\tfor\tup\tto\t\n48\n\tmonths.\tAt\tthe\tend\tof\tthe\tlease\tterm,\tcustomers\tare\tgenerally\n\t\nrequired\tto\treturn\tthe\tvehicles\tto\tus.\tWe\taccount\tfor\tthese\tleasing\ttransactions\tas\toperating\tleases.\tWe\trecord\tleasing\trevenues\tto\tautomotive\tleasing\n\t\nrevenue\ton\ta\tstraight-line\tbasis\tover\tthe\tcontractual\tterm,\tand\twe\trecord\tthe\tdepreciation\tof\tthese\tvehicles\tto\tcost\tof\tautomotive\tleasing\trevenue.\n\tFor\n\t\nthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\twe\trecognized\t$\n1.75\n\tbillion,\t$\n1.25\n\tbillion\tand\t$\n752\n\tmillion\tof\tdirect\tvehicle\tleasing\trevenue,\n\t\nrespectively.\tAs\tof\tDecember\t31,\t2022\tand\t2021,\twe\thad\tdeferred\t$\n407\n\tmillion\tand\t$\n392\n\tmillion,\trespectively,\tof\tlease-related\tupfront\tpayments,\twhich\n\t\nwill\tbe\trecognized\ton\ta\tstraight-line\tbasis\tover\tthe\tcontractual\tterms\tof\tthe\tindividual\tleases.\nOur\tpolicy\tis\tto\texclude\ttaxes\tcollected\tfrom\ta\tcustomer\tfrom\tthe\ttransaction\tprice\tof\tautomotive\tcontracts.\nDirect\tSales-Type\tLeasing\tProgram\nWe\thave\toutstanding\tdirect\tleases\tand\tvehicles\tfinanced\tby\tus\tunder\tloan\tarrangements\taccounted\tfor\tas\tsales-type\tleases\tunder\tASC\t842,\n\t\nLeases\t\n(\u201cASC\t842\u201d),\t\nin\tcertain\tcountries\tin\tAsia\tand\tEurope.\tDepending\ton\tthe\tspecific\tprogram,\tcustomers\tmay\tor\tmay\tnot\thave\ta\tright\tto\treturn\tthe"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50468-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 55, "chroma:document": "vehicle\tto\tus\tduring\tor\tat\tthe\tend\tof\tthe\tlease\tterm.\tIf\tthe\tcustomer\tdoes\tnot\thave\ta\tright\tto\treturn,\tthe\tcustomer\twill\ttake\ttitle\tto\tthe\tvehicle\tat\tthe\tend\n\t\nof\tthe\tlease\tterm\tafter\tmaking\tall\tcontractual\tpayments.\tUnder\tthe\tprograms\tfor\twhich\tthere\tis\ta\tright\tto\treturn,\tthe\tpurchase\toption\tis\treasonably\n\t\ncertain\tto\tbe\texercised\tby\tthe\tlessee\tand\twe\ttherefore\texpect\tthe\tcustomer\tto\ttake\ttitle\tto\tthe\tvehicle\tat\tthe\tend\tof\tthe\tlease\tterm\tafter\tmaking\tall\n\t\ncontractual\tpayments.\tOur\tarrangements\tunder\tthese\tprograms\tcan\thave\tterms\tfor\tup\tto\t\n72\n\tmonths.\tWe\trecognize\tall\trevenue\tand\tcosts\tassociated\n\t\nwith\tthe\tsales-type\tlease\tas\tautomotive\tleasing\trevenue\tand\tautomotive\tleasing\tcost\tof\trevenue,\trespectively,\tupon\tdelivery\tof\tthe\tvehicle\tto\tthe\n\t\ncustomer.\tInterest\tincome\tbased\ton\tthe\timplicit\trate\tin\tthe\tlease\tis\trecorded\tto\tautomotive\tleasing\trevenue\tover\ttime\tas\tcustomers\tare\tinvoiced\ton\ta\n\t\nmonthly\tbasis.\n\tFor\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\twe\trecognized\t$\n683\n\tmillion,\t$\n369\n\tmillion\tand\t$\n120\n\tmillion,\trespectively,\tof\n\t\nsales-type\tleasing\trevenue\tand\t$\n427\n\tmillion,\t$\n234\n\tmillion\tand\t$\n87\n\tmillion,\trespectively,\tof\tsales-type\tleasing\tcost\tof\trevenue.\nServices\tand\tOther\tRevenue\nServices\tand\tother\trevenue\tconsists\tof\tnon-warranty\tafter-sales\tvehicle\tservices\tand\tparts,\tsales\tof\tused\tvehicles,\tpaid\tSupercharging,\tretail\n\t\nmerchandise\tand\tvehicle\tinsurance\trevenue.\nRevenues\trelated\tto\trepair\tand\tmaintenance\tservices\tare\trecognized\tover\ttime\tas\tservices\tare\tprovided\tand\textended\tservice\tplans\tare"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d504cc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 55, "chroma:document": "recognized\tover\tthe\tperformance\tperiod\tof\tthe\tservice\tcontract\tas\tthe\tobligation\trepresents\ta\tstand-ready\tobligation\tto\tthe\tcustomer.\tWe\tsell\tused\n\t\nvehicles,\tservices,\tservice\tplans,\tvehicle\tcomponents\tand\tmerchandise\tseparately\tand\tthus\tuse\tstandalone\tselling\tprices\tas\tthe\tbasis\tfor\trevenue\n\t\nallocation\tto\tthe\textent\tthat\tthese\titems\tare\tsold\tin\ttransactions\twith\tother\tperformance\tobligations.\tPayment\tfor\tused\tvehicles,\tservices,\tand\n\t\nmerchandise\tare\ttypically\treceived\tat\tthe\tpoint\twhen\tcontrol\ttransfers\tto\tthe\tcustomer\tor\tin\taccordance\twith\tpayment\tterms\tcustomary\tto\tthe\tbusiness.\n\t\nPayments\treceived\tfor\tprepaid\tplans\tare\trefundable\tupon\tcustomer\tcancellation\tof\tthe\trelated\tcontracts\tand\tare\tincluded\twithin\tCustomer\tdeposits\ton\n\t\nthe\tconsolidated\tbalance\tsheets.\tDeferred\trevenue\trelated\tto\tservices\tand\tother\trevenue\twas\timmaterial\tas\tof\tDecember\t31,\t2022\tand\t2021.\nEnergy\tGeneration\tand\tStorage\tSegment\nEnergy\tGeneration\tand\tStorage\tSales\nEnergy\tgeneration\tand\tstorage\tsales\trevenue\tconsists\tof\tthe\tsale\tof\tsolar\tenergy\tsystems\tand\tenergy\tstorage\tsystems\tto\tresidential,\tsmall\n\t\ncommercial,\tlarge\tcommercial\tand\tutility\tgrade\tcustomers.\tSales\tof\tsolar\tenergy\tsystems\tto\tresidential\tand\tsmall\tscale\tcommercial\tcustomers\tconsist\tof\n\t\nthe\tengineering,\tdesign\tand\tinstallation\tof\tthe\tsystem.\tResidential\tand\tsmall\tscale\tcommercial\tcustomers\tpay\tthe\tfull\tpurchase\tprice\tof\tthe\tsolar\tenergy\n\t\nsystem\tupfront.\tRevenue\tfor\tthe\tdesign\tand\tinstallation\tobligation\tis\trecognized\twhen\tcontrol\ttransfers,\twhich\tis\twhen\twe\tinstall\ta\tsolar\tenergy\tsystem\n\t\nand\tthe\tsystem\tpasses\tinspection\tby\tthe\tutility\tor\tthe\tauthority\thaving\tjurisdiction.\tSales\tof\tenergy\tstorage\tsystems\tto\tresidential\tand\tsmall\tscale\n\t\ncommercial\tcustomers\tconsist\tof\tthe\tinstallation\tof\tthe\tenergy\tstorage\tsystem\tand\trevenue\tis\trecognized\twhen\tcontrol\ttransfers,\twhich\tis\twhen\tthe"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50526-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 55, "chroma:document": "product\thas\tbeen\tdelivered\tor,\tif\twe\tare\tperforming\tinstallation,\twhen\tinstalled\tand\tcommissioned.\tPayment\tfor\tsuch\tstorage\tsystems\tis\tmade\tupon\n\t\ninvoice\tor\tin\taccordance\twith\tpayment\tterms\tcustomary\tto\tthe\tbusiness.\nFor\tlarge\tcommercial\tand\tutility\tgrade\tsolar\tenergy\tsystem\tand\tenergy\tstorage\tsystem\tsales\twhich\tconsist\tof\tthe\tengineering,\tdesign\tand\n\t\ninstallation\tof\tthe\tsystem,\tcustomers\tmake\tmilestone\tpayments\tthat\tare\tconsistent\twith\tcontract-specific\tphases\tof\ta\tproject.\tRevenue\tfrom\tsuch\n\t\ncontracts\tis\trecognized\tover\ttime\tusing\tthe\tpercentage\tof\tcompletion\tmethod\tbased\ton\tcost\tincurred\tas\ta\tpercentage\tof\ttotal\testimated\tcontract\tcosts\n\t\nfor\tenergy\tstorage\tsystem\tsales\tand\tas\ta\tpercentage\tof\ttotal\testimated\tlabor\thours\tfor\tsolar\tenergy\tsystem\tsales.\n\t\n56"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50580-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 56, "chroma:document": "In\tinstances\twhere\tthere\tare\tmultiple\tperformance\tobligations\tin\ta\tsingle\tcontract,\twe\tallocate\tthe\tconsideration\tto\tthe\tvarious\tobligations\tin\tthe\n\t\ncontract\tbased\ton\tthe\trelative\tstandalone\tselling\tprice\tmethod.\tStandalone\tselling\tprices\tare\testimated\tbased\ton\testimated\tcosts\tplus\tmargin\tor\tby\n\t\nusing\tmarket\tdata\tfor\tcomparable\tproducts.\tCosts\tincurred\ton\tthe\tsale\tof\tresidential\tinstallations\tbefore\tthe\tsolar\tenergy\tsystems\tare\tcompleted\tare\n\t\nincluded\tas\twork\tin\tprocess\twithin\tinventory\tin\tthe\tconsolidated\tbalance\tsheets.\tAny\tfees\tthat\tare\tpaid\tor\tpayable\tby\tus\tto\ta\tsolar\tloan\tlender\twould\tbe\n\t\nrecognized\tas\tan\toffset\tagainst\trevenue.\tCosts\tto\tobtain\ta\tcontract\trelate\tmainly\tto\tcommissions\tpaid\tto\tour\tsales\tpersonnel\trelated\tto\tthe\tsale\tof\tsolar\n\t\nenergy\tsystems\tand\tenergy\tstorage\tsystems.\tAs\tour\tcontract\tcosts\trelated\tto\tsolar\tenergy\tsystem\tand\tenergy\tstorage\tsystem\tsales\tare\ttypically\tfulfilled\n\t\nwithin\tone\tyear,\tthe\tcosts\tto\tobtain\ta\tcontract\tare\texpensed\tas\tincurred.\nAs\tpart\tof\tour\tsolar\tenergy\tsystem\tand\tenergy\tstorage\tsystem\tcontracts,\twe\tmay\tprovide\tthe\tcustomer\twith\tperformance\tguarantees\tthat\n\t\nwarrant\tthat\tthe\tunderlying\tsystem\twill\tmeet\tor\texceed\tthe\tminimum\tenergy\tgeneration\tor\tenergy\tperformance\trequirements\tspecified\tin\tthe\tcontract.\n\t\nIn\tcertain\tinstances,\twe\tmay\treceive\ta\tbonus\tpayment\tif\tthe\tsystem\tperforms\tabove\ta\tspecified\tlevel.\tConversely,\tif\ta\tsolar\tenergy\tsystem\tor\tenergy\n\t\nstorage\tsystem\tdoes\tnot\tmeet\tthe\tperformance\tguarantee\trequirements,\twe\tmay\tbe\trequired\tto\tpay\tliquidated\tdamages.\tOther\tforms\tof\tvariable\n\t\nconsideration\trelated\tto\tour\tlarge\tcommercial\tand\tutility\tgrade\tsolar\tenergy\tsystem\tand\tenergy\tstorage\tsystem\tcontracts\tinclude\tvariable\tcustomer"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d505da-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 56, "chroma:document": "payments\tthat\twill\tbe\tmade\tbased\ton\tour\tenergy\tmarket\tparticipation\tactivities.\tSuch\tguarantees\tand\tvariable\tcustomer\tpayments\trepresent\ta\tform\tof\n\t\nvariable\tconsideration\tand\tare\testimated\tat\tcontract\tinception\tat\ttheir\tmost\tlikely\tamount\tand\tupdated\tat\tthe\tend\tof\teach\treporting\tperiod\tas\tadditional\n\t\nperformance\tdata\tbecomes\tavailable.\tSuch\testimates\tare\tincluded\tin\tthe\ttransaction\tprice\tonly\tto\tthe\textent\tthat\tit\tis\tprobable\ta\tsignificant\treversal\tof\n\t\nrevenue\twill\tnot\toccur.\nWe\trecord\tas\tdeferred\trevenue\tany\tnon-refundable\tamounts\tthat\tare\tcollected\tfrom\tcustomers\trelated\tto\tfees\tcharged\tfor\tprepayments,\twhich\tis\n\t\nrecognized\tas\trevenue\tratably\tover\tthe\trespective\tcustomer\tcontract\tterm.\tAs\tof\tDecember\t31,\t2022\tand\t2021,\tdeferred\trevenue\trelated\tto\tsuch\n\t\ncustomer\tpayments\tamounted\tto\t\n$\n863\n\tmillion\tand\t\n$\n399\n\tmillion,\trespectively,\tmainly\tdue\tto\tmilestone\tpayments.\tRevenue\trecognized\tfrom\tthe\tdeferred\n\t\nrevenue\tbalance\tas\tof\tDecember\t31,\t2021\tand\t2020\twas\t\n$\n171\n\tmillion\tand\t\n$\n93\n\tmillion\tfor\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\trespectively.\n\t\nWe\thave\telected\tthe\tpractical\texpedient\tto\tomit\tdisclosure\tof\tthe\tamount\tof\tthe\ttransaction\tprice\tallocated\tto\tremaining\tperformance\tobligations\tfor\n\t\nenergy\tgeneration\tand\tstorage\tsales\twith\tan\toriginal\texpected\tcontract\tlength\tof\tone\tyear\tor\tless\tand\tthe\tamount\tthat\twe\thave\tthe\tright\tto\tinvoice\twhen\n\t\nthat\tamount\tcorresponds\tdirectly\twith\tthe\tvalue\tof\tthe\tperformance\tto\tdate.\tAs\tof\tDecember\t31,\t2022,\ttotal\ttransaction\tprice\tallocated\tto\tperformance\n\t\nobligations\tthat\twere\tunsatisfied\tor\tpartially\tunsatisfied\tfor\tcontracts\twith\tan\toriginal\texpected\tlength\tof\tmore\tthan\tone\tyear\twas\t\n$"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5063e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 56, "chroma:document": "$\n210\n\t\nmillion.\tOf\tthis\n\t\namount,\twe\texpect\tto\trecognize\t\n$\n12\n\tmillion\n\tin\tthe\tnext\t12\tmonths\tand\tthe\tremaining\tover\ta\tperiod\tup\tto\t\n25\n\tyears.\n\t\nWe\thave\tbeen\tproviding\tloans\tfor\tfinancing\tour\tenergy\tgeneration\tproducts\tduring\tthe\tyear\tended\tDecember\t31,\t2022.\tWe\thave\trecorded\tnet\n\t\nfinancing\treceivables\ton\tthe\tconsolidated\tbalance\tsheets,\tof\twhich\t$\n24\n\tmillion\tis\trecorded\twithin\tAccounts\treceivable,\tnet,\tfor\tthe\tcurrent\tportion\tand\n\t\n$\n387\n\tmillion\tis\trecorded\twithin\tOther\tnon-current\tassets\tfor\tthe\tlong-term\tportion,\tas\tof\tDecember\t31,\t2022.\nEnergy\tGeneration\tand\tStorage\tLeasing\nFor\trevenue\tarrangements\twhere\twe\tare\tthe\tlessor\tunder\toperating\tlease\tagreements\tfor\tenergy\tgeneration\tand\tstorage\tproducts,\twe\trecord\n\t\nlease\trevenue\tfrom\tminimum\tlease\tpayments,\tincluding\tupfront\trebates\tand\tincentives\tearned\tfrom\tsuch\tsystems,\ton\ta\tstraight-line\tbasis\tover\tthe\tlife\tof\n\t\nthe\tlease\tterm,\tassuming\tall\tother\trevenue\trecognition\tcriteria\thave\tbeen\tmet.\tThe\tdifference\tbetween\tthe\tpayments\treceived\tand\tthe\trevenue\n\t\nrecognized\tis\trecorded\tas\tdeferred\trevenue\tor\tdeferred\tasset\ton\tthe\tconsolidated\tbalance\tsheet.\nFor\tsolar\tenergy\tsystems\twhere\tcustomers\tpurchase\telectricity\tfrom\tus\tunder\tPPAs\tprior\tto\tJanuary\t1,\t2019,\twe\thave\tdetermined\tthat\tthese\n\t\nagreements\tshould\tbe\taccounted\tfor\tas\toperating\tleases\tpursuant\tto\tASC\t840,\t\nLeases\n.\tRevenue\tis\trecognized\tbased\ton\tthe\tamount\tof\telectricity\n\t\ndelivered\tat\trates\tspecified\tunder\tthe\tcontracts,\tassuming\tall\tother\trevenue\trecognition\tcriteria\tare\tmet."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50698-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 56, "chroma:document": "We\trecord\tas\tdeferred\trevenue\tany\tamounts\tthat\tare\tcollected\tfrom\tcustomers,\tincluding\tlease\tprepayments,\tin\texcess\tof\trevenue\trecognized,\n\t\nwhich\tis\trecognized\tas\trevenue\tratably\tover\tthe\trespective\tcustomer\tcontract\tterm.\n\tAs\tof\tDecember\t31,\t2022\tand\t2021,\tdeferred\trevenue\trelated\tto\n\t\nsuch\tcustomer\tpayments\tamounted\tto\t$\n191\n\tmillion\tand\t$\n198\n\tmillion,\trespectively.\t\nDeferred\trevenue\talso\tincludes\tthe\tportion\tof\trebates\tand\tincentives\n\t\nreceived\tfrom\tutility\tcompanies\tand\tvarious\tlocal\tand\tstate\tgovernment\tagencies,\twhich\tis\trecognized\tas\trevenue\tover\tthe\tlease\tterm.\n\tAs\tof\tDecember\n\t\n31,\t2022\tand\t2021,\tdeferred\trevenue\tfrom\trebates\tand\tincentives\tamounted\tto\t$\n25\n\tmillion\tand\t$\n27\n\tmillion,\trespectively.\nWe\tcapitalize\tinitial\tdirect\tcosts\tfrom\tthe\texecution\tof\tagreements\tfor\tsolar\tenergy\tsystems\tand\tPPAs,\twhich\tinclude\tthe\treferral\tfees\tand\tsales\n\t\ncommissions,\tas\tan\telement\tof\tsolar\tenergy\tsystems,\tnet,\tand\tsubsequently\tamortize\tthese\tcosts\tover\tthe\tterm\tof\tthe\trelated\tagreements.\n57"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d506f2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 57, "chroma:document": "Cost\tof\tRevenues\nAutomotive\tSegment\nAutomotive\tSales\nCost\tof\tautomotive\tsales\trevenue\tincludes\tdirect\tand\tindirect\tmaterials,\tlabor\tcosts,\tmanufacturing\toverhead,\tincluding\tdepreciation\tcosts\tof\n\t\ntooling\tand\tmachinery,\tshipping\tand\tlogistic\tcosts,\tvehicle\tconnectivity\tcosts,\tallocations\tof\telectricity\tand\tinfrastructure\tcosts\trelated\tto\tour\n\t\nSupercharger\tnetwork\tand\treserves\tfor\testimated\twarranty\texpenses.\tCost\tof\tautomotive\tsales\trevenues\talso\tincludes\tadjustments\tto\twarranty\texpense\n\t\nand\tcharges\tto\twrite\tdown\tthe\tcarrying\tvalue\tof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\tprovide\tfor\tobsolete\tand\ton-\nhand\tinventory\tin\texcess\tof\tforecasted\tdemand.\n\t\nAutomotive\tLeasing\nCost\tof\tautomotive\tleasing\trevenue\tincludes\tthe\tdepreciation\tof\toperating\tlease\tvehicles,\tcost\tof\tgoods\tsold\tassociated\twith\tdirect\tsales-type\n\t\nleases\tand\twarranty\texpense\trelated\tto\tleased\tvehicles.\tCost\tof\tautomotive\tleasing\trevenue\talso\tincludes\tvehicle\tconnectivity\tcosts\tand\tallocations\tof\n\t\nelectricity\tand\tinfrastructure\tcosts\trelated\tto\tour\tSupercharger\tnetwork\tfor\tvehicles\tunder\tour\tleasing\tprograms.\nServices\tand\tOther\nCosts\tof\tservices\tand\tother\trevenue\tincludes\tcosts\tassociated\twith\tproviding\tnon-warranty\tafter-sales\tservices\tand\tparts,\tcosts\tof\tpaid\n\t\nSupercharging,\tcost\tof\tused\tvehicles\tincluding\trefurbishment\tcosts,\tcosts\tfor\tretail\tmerchandise,\tand\tcosts\tto\tprovide\tvehicle\tinsurance.\nEnergy\tGeneration\tand\tStorage\tSegment\nEnergy\tGeneration\tand\tStorage\nCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\tincludes\tdirect\tand\tindirect\tmaterial\tand\tlabor\tcosts,\twarehouse\trent,\tfreight,\twarranty\texpense,"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5074c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 57, "chroma:document": "other\toverhead\tcosts\tand\tamortization\tof\tcertain\tacquired\tintangible\tassets.\tCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\talso\tincludes\tcharges\tto\n\t\nwrite\tdown\tthe\tcarrying\tvalue\tof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\tprovide\tfor\tobsolete\tand\ton-hand\tinventory\tin\n\t\nexcess\tof\tforecasted\tdemand.\tIn\tagreements\tfor\tsolar\tenergy\tsystems\tand\tPPAs\twhere\twe\tare\tthe\tlessor,\tthe\tcost\tof\trevenue\tis\tprimarily\tcomprised\tof\n\t\ndepreciation\tof\tthe\tcost\tof\tleased\tsolar\tenergy\tsystems,\tmaintenance\tcosts\tassociated\twith\tthose\tsystems\tand\tamortization\tof\tany\tinitial\tdirect\tcosts.\nResearch\tand\tDevelopment\tCosts\nResearch\tand\tdevelopment\tcosts\tare\texpensed\tas\tincurred.\nIncome\tTaxes\nIncome\ttaxes\tare\tcomputed\tusing\tthe\tasset\tand\tliability\tmethod,\tunder\twhich\tdeferred\ttax\tassets\tand\tliabilities\tare\tdetermined\tbased\ton\tthe\n\t\ndifference\tbetween\tthe\tfinancial\tstatement\tand\ttax\tbases\tof\tassets\tand\tliabilities\tusing\tenacted\ttax\trates\tin\teffect\tfor\tthe\tyear\tin\twhich\tthe\tdifferences\n\t\nare\texpected\tto\taffect\ttaxable\tincome.\tValuation\tallowances\tare\testablished\twhen\tnecessary\tto\treduce\tdeferred\ttax\tassets\tto\tthe\tamount\texpected\tto\tbe\n\t\nrealized.\nWe\trecord\tliabilities\trelated\tto\tuncertain\ttax\tpositions\twhen,\tdespite\tour\tbelief\tthat\tour\ttax\treturn\tpositions\tare\tsupportable,\twe\tbelieve\tthat\tit\tis\n\t\nmore\tlikely\tthan\tnot\tthat\tthose\tpositions\tmay\tnot\tbe\tfully\tsustained\tupon\treview\tby\ttax\tauthorities.\tAccrued\tinterest\tand\tpenalties\trelated\tto\n\t\nunrecognized\ttax\tbenefits\tare\tclassified\tas\tincome\ttax\texpense."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d507b0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 57, "chroma:document": "The\tTax\tCuts\tand\tJobs\tAct\t(\u201cTCJA\u201d)\tsubjects\ta\tU.S.\tshareholder\tto\ttax\ton\tglobal\tintangible\tlow-taxed\tincome\t(\u201cGILTI\u201d)\tearned\tby\tcertain\tforeign\n\t\nsubsidiaries.\tUnder\tGAAP,\twe\tcan\tmake\tan\taccounting\tpolicy\telection\tto\teither\ttreat\ttaxes\tdue\ton\tthe\tGILTI\tinclusion\tas\ta\tcurrent\tperiod\texpense\tor\n\t\nfactor\tsuch\tamounts\tinto\tour\tmeasurement\tof\tdeferred\ttaxes.\tWe\telected\tthe\tdeferred\tmethod,\tunder\twhich\twe\trecorded\tthe\tcorresponding\tdeferred\ttax\n\t\nassets\tand\tliabilities\tin\tour\tconsolidated\tbalance\tsheets,\tcurrently\tsubject\tto\tvaluation\tallowance.\nComprehensive\tIncome\nComprehensive\tincome\tis\tcomprised\tof\tnet\tincome\tand\tother\tcomprehensive\t(loss)\tincome.\tOther\tcomprehensive\t(loss)\tincome\tconsists\tof\n\t\nforeign\tcurrency\ttranslation\tadjustments\tand\tunrealized\tnet\tgains\tand\tlosses\ton\tinvestments\n\tthat\thave\tbeen\texcluded\tfrom\tthe\tdetermination\tof\tnet\n\t\nincome.\n58"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5080a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 58, "chroma:document": "Stock-Based\tCompensation\nWe\tuse\tthe\tfair\tvalue\tmethod\tof\taccounting\tfor\tour\tstock\toptions\tand\tRSUs\tgranted\tto\temployees\tand\tfor\tour\tESPP\tto\tmeasure\tthe\tcost\tof\n\t\nemployee\tservices\treceived\tin\texchange\tfor\tthe\tstock-based\tawards.\tThe\tfair\tvalue\tof\tstock\toption\tawards\twith\tonly\tservice\tand/or\tperformance\n\t\nconditions\tis\testimated\ton\tthe\tgrant\tor\toffering\tdate\tusing\tthe\tBlack-Scholes\toption-pricing\tmodel.\tThe\tBlack-Scholes\toption-pricing\tmodel\trequires\n\t\ninputs\tsuch\tas\tthe\trisk-free\tinterest\trate,\texpected\tterm\tand\texpected\tvolatility.\tThese\tinputs\tare\tsubjective\tand\tgenerally\trequire\tsignificant\tjudgment.\n\t\nThe\tfair\tvalue\tof\tRSUs\tis\tmeasured\ton\tthe\tgrant\tdate\tbased\ton\tthe\tclosing\tfair\tmarket\tvalue\tof\tour\tcommon\tstock.\tThe\tresulting\tcost\tis\trecognized\tover\n\t\nthe\tperiod\tduring\twhich\tan\temployee\tis\trequired\tto\tprovide\tservice\tin\texchange\tfor\tthe\tawards,\tusually\tthe\tvesting\tperiod,\twhich\tis\tgenerally\tfour\tyears\n\t\nfor\tstock\toptions\tand\tRSUs\tand\tsix\tmonths\tfor\tthe\tESPP.\tStock-based\tcompensation\texpense\tis\trecognized\ton\ta\tstraight-line\tbasis,\tnet\tof\tactual\n\t\nforfeitures\tin\tthe\tperiod.\nFor\tperformance-based\tawards,\tstock-based\tcompensation\texpense\tis\trecognized\tover\tthe\texpected\tperformance\tachievement\tperiod\tof\n\t\nindividual\tperformance\tmilestones\twhen\tthe\tachievement\tof\teach\tindividual\tperformance\tmilestone\tbecomes\tprobable.\n\t\nAs\twe\taccumulate\tadditional\temployee\tstock-based\tawards\tdata\tover\ttime\tand\tas\twe\tincorporate\tmarket\tdata\trelated\tto\tour\tcommon\tstock,\twe\n\t\nmay\tcalculate\tsignificantly\tdifferent\tvolatilities\tand\texpected\tlives,\twhich\tcould\tmaterially\timpact\tthe\tvaluation\tof\tour\tstock-based\tawards\tand\tthe\tstock-\nbased\tcompensation\texpense\tthat\twe\twill\trecognize\tin\tfuture\tperiods.\tStock-based\tcompensation\texpense\tis\trecorded\tin\tCost\tof\trevenues,\tResearch\tand"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50864-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 58, "chroma:document": "development\texpense\tand\tSelling,\tgeneral\tand\tadministrative\texpense\tin\tthe\tconsolidated\tstatements\tof\toperations.\nNoncontrolling\tInterests\tand\tRedeemable\tNoncontrolling\tInterests\nNoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\tinterests\trepresent\tthird-party\tinterests\tin\tthe\tnet\tassets\tunder\tcertain\tfunding\n\t\narrangements,\tor\tfunds,\tthat\twe\thave\tentered\tinto\tto\tfinance\tthe\tcosts\tof\tsolar\tenergy\tsystems\tand\tvehicles\tunder\toperating\tleases.\tWe\thave\n\t\ndetermined\tthat\tthe\tcontractual\tprovisions\tof\tthe\tfunds\trepresent\tsubstantive\tprofit-sharing\tarrangements.\tWe\thave\tfurther\tdetermined\tthat\tthe\n\t\nmethodology\tfor\tcalculating\tthe\tnoncontrolling\tinterest\tand\tredeemable\tnoncontrolling\tinterest\tbalances\tthat\treflects\tthe\tsubstantive\tprofit-sharing\n\t\narrangements\tis\ta\tbalance\tsheet\tapproach\tusing\tthe\thypothetical\tliquidation\tat\tbook\tvalue\t(\u201cHLBV\u201d)\tmethod.\tWe,\ttherefore,\tdetermine\tthe\tamount\tof\n\t\nthe\tnoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\tinterests\tin\tthe\tnet\tassets\tof\tthe\tfunds\tat\teach\tbalance\tsheet\tdate\tusing\tthe\tHLBV\tmethod,\n\t\nwhich\tis\tpresented\ton\tthe\tconsolidated\tbalance\tsheet\tas\tnoncontrolling\tinterests\tin\tsubsidiaries\tand\tredeemable\tnoncontrolling\tinterests\tin\tsubsidiaries.\n\t\nUnder\tthe\tHLBV\tmethod,\tthe\tamounts\treported\tas\tnoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\tinterests\tin\tthe\tconsolidated\tbalance\tsheet\n\t\nrepresent\tthe\tamounts\tthe\tthird\tparties\twould\thypothetically\treceive\tat\teach\tbalance\tsheet\tdate\tunder\tthe\tliquidation\tprovisions\tof\tthe\tfunds,\tassuming\n\t\nthe\tnet\tassets\tof\tthe\tfunds\twere\tliquidated\tat\ttheir\trecorded\tamounts\tdetermined\tin\taccordance\twith\tGAAP\tand\twith\ttax\tlaws\teffective\tat\tthe\tbalance"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d508be-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 58, "chroma:document": "sheet\tdate\tand\tdistributed\tto\tthe\tthird\tparties.\tThe\tthird\tparties\u2019\tinterests\tin\tthe\tresults\tof\toperations\tof\tthe\tfunds\tare\tdetermined\tas\tthe\tdifference\tin\n\t\nthe\tnoncontrolling\tinterest\tand\tredeemable\tnoncontrolling\tinterest\tbalances\tin\tthe\tconsolidated\tbalance\tsheets\tbetween\tthe\tstart\tand\tend\tof\teach\n\t\nreporting\tperiod,\tafter\ttaking\tinto\taccount\tany\tcapital\ttransactions\tbetween\tthe\tfunds\tand\tthe\tthird\tparties.\tHowever,\tthe\tredeemable\tnoncontrolling\n\t\ninterest\tbalance\tis\tat\tleast\tequal\tto\tthe\tredemption\tamount.\tThe\tredeemable\tnoncontrolling\tinterest\tbalance\tis\tpresented\tas\ttemporary\tequity\tin\tthe\n\t\nmezzanine\tsection\tof\tthe\tconsolidated\tbalance\tsheet\tsince\tthese\tthird\tparties\thave\tthe\tright\tto\tredeem\ttheir\tinterests\tin\tthe\tfunds\tfor\tcash\tor\tother\n\t\nassets.\tFor\tcertain\tfunds,\tthere\tmay\tbe\tsignificant\tfluctuations\tin\tnet\tincome\tattributable\tto\tnoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\n\t\ninterests\tin\tsubsidiaries\tdue\tto\tchanges\tin\tthe\tliquidation\tprovisions\tas\ttime-based\tmilestones\tare\treached.\nNet\tIncome\tper\tShare\tof\tCommon\tStock\tAttributable\tto\tCommon\tStockholders\nBasic\tnet\tincome\tper\tshare\tof\tcommon\tstock\tattributable\tto\tcommon\tstockholders\tis\tcalculated\tby\tdividing\tnet\tincome\tattributable\tto\tcommon\n\t\nstockholders\tby\tthe\tweighted-average\tshares\tof\tcommon\tstock\toutstanding\tfor\tthe\tperiod.\tPotentially\tdilutive\tshares,\twhich\tare\tbased\ton\tthe\tweighted-\naverage\tshares\tof\tcommon\tstock\tunderlying\toutstanding\tstock-based\tawards,\twarrants\tand\tconvertible\tsenior\tnotes\tusing\tthe\ttreasury\tstock\tmethod\tor\n\t\nthe\tif-converted\tmethod,\tas\tapplicable,\tare\tincluded\twhen\tcalculating\tdiluted\tnet\tincome\tper\tshare\tof\tcommon\tstock\tattributable\tto\tcommon\n\t\nstockholders\twhen\ttheir\teffect\tis\tdilutive."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50922-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 58, "chroma:document": "stockholders\twhen\ttheir\teffect\tis\tdilutive.\n\t\nFurthermore,\tin\tconnection\twith\tthe\tofferings\tof\tour\tconvertible\tsenior\tnotes,\twe\tentered\tinto\tconvertible\tnote\thedges\tand\twarrants\t(see\tNote\n\t\n11,\t\nDebt\n).\tHowever,\tour\tconvertible\tnote\thedges\tare\tnot\tincluded\twhen\tcalculating\tpotentially\tdilutive\tshares\tsince\ttheir\teffect\tis\talways\tanti-dilutive.\n\t\nThe\tstrike\tprice\ton\tthe\twarrants\twere\tbelow\tour\taverage\tshare\tprice\tduring\tthe\tperiod\tand\twere\tincluded\tin\tthe\ttables\tbelow.\tWarrants\tare\tincluded\tin\n\t\nthe\tweighted-average\tshares\tused\tin\tcomputing\tbasic\tnet\tincome\tper\tshare\tof\tcommon\tstock\tin\tthe\tperiod(s)\tthey\tare\tsettled.\n\t\n\t\n59"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5097c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 59, "chroma:document": "The\tfollowing\ttable\tpresents\tthe\treconciliation\tof\tnet\tincome\tattributable\tto\tcommon\tstockholders\tto\tnet\tincome\tused\tin\tcomputing\tbasic\tand\n\t\ndiluted\tnet\tincome\tper\tshare\tof\tcommon\tstock\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nNet\tincome\tattributable\tto\tcommon\tstockholders\n\t\n$\n12,556\n\t\n\t\n$\n5,519\n\t\n\t\n$\n721\n\t\nLess:\tBuy-out\tof\tnoncontrolling\tinterest\n\t\n\t\n(\n27\n)\n\t\n\t\n(\n5\n)\n\t\n\t\n31\n\t\nNet\tincome\tused\tin\tcomputing\tbasic\tnet\tincome\tper\tshare\tof\n\t\ncommon\tstock\n\t\n\t\n12,583\n\t\n\t\n\t\n5,524\n\t\n\t\n\t\n690\n\t\nLess:\tDilutive\tconvertible\tdebt\n\t\n\t\n(\n1\n)\n\t\n\t\n(\n9\n)\n\t\n\t\n\u2014\n\t\nNet\tincome\tused\tin\tcomputing\tdiluted\tnet\tincome\tper\tshare\tof\n\t\ncommon\tstock\n\t\n$\n12,584\n\t\n\t\n$\n5,533\n\t\n\t\n$\n690\n\t\n\t\nThe\tfollowing\ttable\tpresents\tthe\treconciliation\tof\tbasic\tto\tdiluted\tweighted\taverage\tshares\tused\tin\tcomputing\tnet\tincome\tper\tshare\tof\tcommon\n\t\nstock\tattributable\tto\tcommon\tstockholders,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nWeighted\taverage\tshares\tused\tin\tcomputing\tnet\tincome\tper\tshare\tof\n\t\ncommon\tstock,\tbasic\n\t\n\t\n3,130\n\t\n\t\n\t\n2,959\n\t\n\t\n\t\n2,798\n\t\nAdd:"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d509e0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 59, "chroma:document": "2,798\n\t\nAdd:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nStock-based\tawards\n\t\n\t\n310\n\t\n\t\n\t\n292\n\t\n\t\n\t\n198\n\t\nConvertible\tsenior\tnotes\n\t\n\t\n3\n\t\n\t\n\t\n29\n\t\n\t\n\t\n141\n\t\nWarrants\n\t\n\t\n32\n\t\n\t\n\t\n106\n\t\n\t\n\t\n112\n\t\nWeighted\taverage\tshares\tused\tin\tcomputing\tnet\tincome\tper\tshare\tof\n\t\ncommon\tstock,\tdiluted\n\t\n\t\n3,475\n\t\n\t\n\t\n3,386\n\t\n\t\n\t\n3,249\n\t\n\t\nThe\tfollowing\ttable\tpresents\tthe\tpotentially\tdilutive\tshares\tthat\twere\texcluded\tfrom\tthe\tcomputation\tof\tdiluted\tnet\tincome\tper\tshare\tof\tcommon\n\t\nstock\tattributable\tto\tcommon\tstockholders,\tbecause\ttheir\teffect\twas\tanti-dilutive,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nStock-based\tawards\n\t\n\t\n4\n\t\n\t\n\t\n1\n\t\n\t\n\t\n6\n\t\nConvertible\tsenior\tnotes\t(1)\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n3\n\t\n(1)\nUnder\tthe\tmodified\tretrospective\tmethod\tof\tadoption\tof\tASU\t2020-06,\tthe\tdilutive\timpact\tof\tconvertible\tsenior\tnotes\twas\tcalculated\tusing\tthe\tif-\nconverted\tmethod\tfor\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021.\tCertain\tconvertible\tsenior\tnotes\twere\tcalculated\tusing\tthe\ttreasury\tstock\n\t\nmethod\tfor\tthe\tyear\tended\tDecember\t31,\t2020.\nBusiness\tCombinations\nWe\taccount\tfor\tbusiness\tacquisitions\tunder\tASC\t805,\t\nBusiness\tCombinations"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50a3a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 59, "chroma:document": "Business\tCombinations\n.\tThe\ttotal\tpurchase\tconsideration\tfor\tan\tacquisition\tis\tmeasured\tas\n\t\nthe\tfair\tvalue\tof\tthe\tassets\tgiven,\tequity\tinstruments\tissued\tand\tliabilities\tassumed\tat\tthe\tacquisition\tdate.\tCosts\tthat\tare\tdirectly\tattributable\tto\tthe\n\t\nacquisition\tare\texpensed\tas\tincurred.\tIdentifiable\tassets\t(including\tintangible\tassets),\tliabilities\tassumed\t(including\tcontingent\tliabilities)\tand\n\t\nnoncontrolling\tinterests\tin\tan\tacquisition\tare\tmeasured\tinitially\tat\ttheir\tfair\tvalues\tat\tthe\tacquisition\tdate.\tWe\trecognize\tgoodwill\tif\tthe\tfair\tvalue\tof\tthe\n\t\ntotal\tpurchase\tconsideration\tand\tany\tnoncontrolling\tinterests\tis\tin\texcess\tof\tthe\tnet\tfair\tvalue\tof\tthe\tidentifiable\tassets\tacquired\tand\tthe\tliabilities\n\t\nassumed.\tWe\trecognize\ta\tbargain\tpurchase\tgain\twithin\tOther\t(expense)\tincome,\tnet,\tin\tthe\tconsolidated\tstatement\tof\toperations\tif\tthe\tnet\tfair\tvalue\tof\n\t\nthe\tidentifiable\tassets\tacquired\tand\tthe\tliabilities\tassumed\tis\tin\texcess\tof\tthe\tfair\tvalue\tof\tthe\ttotal\tpurchase\tconsideration\tand\tany\tnoncontrolling\n\t\ninterests.\tWe\tinclude\tthe\tresults\tof\toperations\tof\tthe\tacquired\tbusiness\tin\tthe\tconsolidated\tfinancial\tstatements\tbeginning\ton\tthe\tacquisition\tdate.\nCash\tand\tCash\tEquivalents\nAll\thighly\tliquid\tinvestments\twith\tan\toriginal\tmaturity\tof\tthree\tmonths\tor\tless\tat\tthe\tdate\tof\tpurchase\tare\tconsidered\tcash\tequivalents.\tOur\tcash\n\t\nequivalents\tare\tprimarily\tcomprised\tof\tmoney\tmarket\tfunds\tand\tcertificates\tof\tdeposit.\n60"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50a9e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 60, "chroma:document": "Restricted\tCash\nWe\tmaintain\tcertain\tcash\tbalances\trestricted\tas\tto\twithdrawal\tor\tuse.\tOur\trestricted\tcash\tis\tcomprised\tprimarily\tof\tcash\theld\tto\tservice\tcertain\n\t\npayments\tunder\tvarious\tsecured\tdebt\tfacilities.\tIn\taddition,\trestricted\tcash\tincludes\tcash\theld\tas\tcollateral\tfor\tcertain\tpermits\tas\twell\tas\tsales\tto\tlease\n\t\npartners\twith\ta\tresale\tvalue\tguarantee,\tletters\tof\tcredit,\treal\testate\tleases,\tdeposits\theld\tfor\tour\tinsurance\tservices\tand\tcertain\toperating\tleases.\tWe\n\t\nrecord\trestricted\tcash\tas\tother\tassets\tin\tthe\tconsolidated\tbalance\tsheets\tand\tdetermine\tcurrent\tor\tnon-current\tclassification\tbased\ton\tthe\texpected\n\t\nduration\tof\tthe\trestriction.\nOur\ttotal\tcash\tand\tcash\tequivalents\tand\trestricted\tcash,\tas\tpresented\tin\tthe\tconsolidated\tstatements\tof\tcash\tflows,\twas\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nCash\tand\tcash\tequivalents\n\t\n$\n16,253\n\t\n\t\n$\n17,576\n\t\n\t\n$\n19,384\n\t\nRestricted\tcash\tincluded\tin\tprepaid\texpenses\tand\tother\t\n\t\t\tcurrent\tassets\n\t\n\t\n294\n\t\n\t\n\t\n345\n\t\n\t\n\t\n238\n\t\nRestricted\tcash\tincluded\tin\tother\tnon-current\tassets\n\t\n\t\n377\n\t\n\t\n\t\n223\n\t\n\t\n\t\n279\n\t\nTotal\tas\tpresented\tin\tthe\tconsolidated\tstatements\tof\tcash\tflows\n\t\n$\n16,924\n\t\n\t\n$\n18,144\n\t\n\t\n$\n19,901\n\t\n\t\nInvestments\nInvestments\tmay\tbe\tcomprised\tof\ta\tcombination\tof\tmarketable\tsecurities,\tincluding"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50b20-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 60, "chroma:document": "U.S.\tgovernment\tsecurities,\tcorporate\tdebt\tsecurities,\ttime\n\t\ndeposit,\tand\tcertain\tcertificates\tof\tdeposit,\twhich\tare\tall\tdesignated\tas\tavailable-for-sale\tand\treported\tat\testimated\tfair\tvalue,\twith\tunrealized\tgains\tand\n\t\nlosses\trecorded\tin\taccumulated\tother\tcomprehensive\tincome\twhich\tis\tincluded\twithin\tstockholders\u2019\tequity.\tAvailable-for-sale\tmarketable\tsecurities\twith\n\t\nmaturities\tgreater\tthan\tthree\tmonths\tat\tthe\tdate\tof\tpurchase\tare\tincluded\tin\tshort-term\tinvestments\tin\tour\tconsolidated\tbalance\tsheets.\tInterest,\n\t\ndividends,\tamortization\tand\taccretion\tof\tpurchase\tpremiums\tand\tdiscounts\ton\tthese\tinvestments\tare\tincluded\twithin\tInterest\tincome\tin\tour\n\t\nconsolidated\tstatements\tof\toperations.\n\t\nThe\tcost\tof\tavailable-for-sale\tinvestments\tsold\tis\tbased\ton\tthe\tspecific\tidentification\tmethod.\tRealized\tgains\tand\tlosses\ton\tthe\tsale\tof\tavailable-\nfor-sale\tinvestments\tare\trecorded\tin\tOther\t(expense)\tincome,\tnet.\nWe\tregularly\treview\tall\tof\tour\tinvestments\tfor\tdeclines\tin\tfair\tvalue.\tThe\treview\tincludes\tbut\tis\tnot\tlimited\tto\t(i)\tthe\tconsideration\tof\tthe\tcause\tof\n\t\nthe\tdecline,\t(ii)\tany\tcurrently\trecorded\texpected\tcredit\tlosses\tand\t(iii)\tthe\tcreditworthiness\tof\tthe\trespective\tsecurity\tissuers.\tThe\tamortized\tcost\tbasis\n\t\nof\tour\tinvestments\tapproximates\tits\tfair\tvalue.\nAccounts\tReceivable\tand\tAllowance\tfor\tDoubtful\tAccounts\nAccounts\treceivable\tprimarily\tinclude\tamounts\trelated\tto\treceivables\tfrom\tfinancial\tinstitutions\tand\tleasing\tcompanies\toffering\tvarious\tfinancing\n\t\nproducts\tto\tour\tcustomers,\tsales\tof\tenergy\tgeneration\tand\tstorage\tproducts,\tsales\tof\tregulatory\tcredits\tto\tother\tautomotive\tmanufacturers\tand"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50b84-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 60, "chroma:document": "government\trebates\talready\tpassed\tthrough\tto\tcustomers.\tWe\tprovide\tan\tallowance\tagainst\taccounts\treceivable\tfor\tthe\tamount\twe\texpect\tto\tbe\n\t\nuncollectible.\tWe\twrite-off\taccounts\treceivable\tagainst\tthe\tallowance\twhen\tthey\tare\tdeemed\tuncollectible.\nDepending\ton\tthe\tday\tof\tthe\tweek\ton\twhich\tthe\tend\tof\ta\tfiscal\tquarter\tfalls,\tour\taccounts\treceivable\tbalance\tmay\tfluctuate\tas\twe\tare\twaiting\tfor\n\t\ncertain\tcustomer\tpayments\tto\tclear\tthrough\tour\tbanking\tinstitutions\tand\treceipts\tof\tpayments\tfrom\tour\tfinancing\tpartners,\twhich\tcan\ttake\tup\tto\n\t\napproximately\ttwo\tweeks\tbased\ton\tthe\tcontractual\tpayment\tterms\twith\tsuch\tpartners.\tOur\taccounts\treceivable\tbalances\tassociated\twith\tour\tsales\tof\n\t\nregulatory\tcredits,\twhich\tare\ttypically\ttransferred\tto\tother\tmanufacturers\tduring\tthe\tlast\tfew\tdays\tof\tthe\tquarter,\tis\tdependent\ton\tcontractual\tpayment\n\t\nterms.\tAdditionally,\tgovernment\trebates\tcan\ttake\tup\tto\ta\tyear\tor\tmore\tto\tbe\tcollected\tdepending\ton\tthe\tcustomary\tprocessing\ttimelines\tof\tthe\tspecific\n\t\njurisdictions\tissuing\tthem.\tThese\tvarious\tfactors\tmay\thave\ta\tsignificant\timpact\ton\tour\taccounts\treceivable\tbalance\tfrom\tperiod\tto\tperiod.\tAs\tof\n\t\nDecember\t31,\t2022\tand\tDecember\t31,\t2021\n,\twe\thad\t$\n753\n\tmillion\tand\t$\n627\n\tmillion,\trespectively,\tof\tlong-term\tgovernment\trebates\treceivable\tin\tOther\n\t\nnon-current\tassets\tin\tour\tconsolidated\tbalance\tsheets.\n\t\nFinancing\tReceivables\nWe\tprovide\tfinancing\toptions\tto\tour\tcustomers\tfor\tour\tautomotive\tand\tenergy\tproducts.\n\t\nFinancing\treceivables\tare\tcarried\tat\tamortized\tcost,\tnet"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50bfc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 60, "chroma:document": "of\tallowance\tfor\tloan\tlosses.\tProvisions\tfor\tloan\tlosses\tare\tcharged\tto\toperations\tin\tamounts\tsufficient\tto\tmaintain\tthe\tallowance\tfor\tloan\tlosses\tat\tlevels\n\t\nconsidered\tadequate\tto\tcover\texpected\tcredit\tlosses\ton\tthe\tfinancing\treceivables.\tIn\tdetermining\texpected\tcredit\tlosses,\twe\tconsider\tour\thistorical\tlevel\n\t\nof\tcredit\tlosses,\tcurrent\teconomic\ttrends,\tand\treasonable\tand\tsupportable\tforecasts\tthat\taffect\tthe\tcollectability\tof\tthe\tfuture\tcash\tflows.\n\t\n61"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50c56-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 61, "chroma:document": "When\toriginating\tconsumer\treceivables,\twe\treview\tthe\tcredit\tapplication,\tthe\tproposed\tcontract\tterms,\tcredit\tbureau\tinformation\t(e.g.,\tFICO\n\t\nscore)\tand\tother\tinformation.\tOur\tevaluation\temphasizes\tthe\tapplicant\u2019s\tability\tto\tpay\tand\tcreditworthiness\tfocusing\ton\tpayment,\taffordability,\tand\n\t\napplicant\tcredit\thistory\tas\tkey\tconsiderations.\tGenerally,\tall\tcustomers\tin\tthis\tportfolio\thave\tstrong\tcreditworthiness\tat\tloan\torigination.\nAfter\torigination,\twe\treview\tthe\tcredit\tquality\tof\tretail\tfinancing\tbased\ton\tcustomer\tpayment\tactivity\tand\taging\tanalysis.\tFor\tall\tfinancing\n\t\nreceivables,\twe\tdefine\t\u201cpast\tdue\u201d\tas\tany\tpayment,\tincluding\tprincipal\tand\tinterest,\twhich\tis\tat\tleast\t31\tdays\tpast\tthe\tcontractual\tdue\tdate.\tAs\tof\n\t\nDecember\t31,\t2022,\tthe\tmajority\tof\tour\tfinancing\treceivables\twere\tat\tcurrent\tstatus\twith\tonly\tan\timmaterial\tbalance\tbeing\tpast\tdue.\tAdditionally,\tas\tof\n\t\nDecember\t31,\t2022,\tthe\tmajority\tof\tour\tfinancing\treceivables,\texcluding\tMyPower\tnotes\treceivable,\twere\toriginated\tin\t2022.\nWe\thave\tcustomer\tnotes\treceivable\tunder\tthe\tlegacy\tMyPower\tloan\tprogram,\twhich\tprovided\tresidential\tcustomers\twith\tthe\toption\tto\tfinance\tthe\n\t\npurchase\tof\ta\tsolar\tenergy\tsystem\tthrough\ta\t\n30\n-year\tloan\tand\twere\tall\toriginated\tprior\tto\tyear\t2018.\tThe\toutstanding\tbalances,\tnet\tof\tany\tallowance\tfor\n\t\nexpected\tcredit\tlosses,\tare\tpresented\ton\tthe\tconsolidated\tbalance\tsheets\tas\ta\tcomponent\tof\tPrepaid\texpenses\tand\tother\tcurrent\tassets\tfor\tthe\tcurrent\n\t\nportion\tand\tas\tOther\tnon-current\tassets\tfor\tthe\tlong-term\tportion.\tAs\tof\tDecember\t31,\t2022\tand\t2021,\tthe\ttotal\toutstanding\tbalance\tof\tMyPower"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50cb0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 61, "chroma:document": "customer\tnotes\treceivable,\tnet\tof\tallowance\tfor\texpected\tcredit\tlosses,\twas\t$\n280\n\tmillion\tand\t$\n299\n\tmillion,\trespectively,\tof\twhich\t$\n7\n\tmillion\tand\t$\n11\n\t\nmillion\twere\tdue\tin\tthe\tnext\t12\tmonths\tas\tof\tDecember\t31,\t2022\tand\t2021,\trespectively.\tAs\tof\tDecember\t31,\t2022\tand\t2021,\tthe\tallowance\tfor\texpected\n\t\ncredit\tlosses\twas\t$\n37\n\tmillion\tand\t$\n41\n\tmillion,\trespectively.\n\t\nConcentration\tof\tRisk\nCredit\tRisk\nFinancial\tinstruments\tthat\tpotentially\tsubject\tus\tto\ta\tconcentration\tof\tcredit\trisk\tconsist\tof\tcash,\tcash\tequivalents,\tinvestments,\trestricted\tcash,\n\t\naccounts\treceivable\tand\tother\tfinance\treceivables.\tOur\tcash\tand\tinvestments\tbalances\tare\tprimarily\ton\tdeposit\tat\thigh\tcredit\tquality\tfinancial\n\t\ninstitutions\tor\tinvested\tin\tmoney\tmarket\tfunds.\tThese\tdeposits\tare\ttypically\tin\texcess\tof\tinsured\tlimits.\tAs\tof\tDecember\t31,\t2022\tand\tDecember\t31,\n\t\n2021\n,\t\nno\n\tentity\trepresented\t\n10\n%\tor\tmore\tof\tour\ttotal\treceivables\tbalance.\nSupply\tRisk\nWe\tare\tdependent\ton\tour\tsuppliers,\tincluding\tsingle\tsource\tsuppliers,\tand\tthe\tinability\tof\tthese\tsuppliers\tto\tdeliver\tnecessary\tcomponents\tof\tour\n\t\nproducts\tin\ta\ttimely\tmanner\tat\tprices,\tquality\tlevels\tand\tvolumes\tacceptable\tto\tus,\tor\tour\tinability\tto\tefficiently\tmanage\tthese\tcomponents\tfrom\tthese\n\t\nsuppliers,\tcould\thave\ta\tmaterial\tadverse\teffect\ton\tour\tbusiness,\tprospects,\tfinancial\tcondition\tand\toperating\tresults.\nInventory\tValuation\nInventories\tare\tstated\tat\tthe\tlower\tof\tcost\tor\tnet\trealizable\tvalue.\tCost\tis\tcomputed\tusing\tstandard\tcost\tfor\tvehicles\tand\tenergy\tproducts,\twhich"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50d14-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 61, "chroma:document": "approximates\tactual\tcost\ton\ta\tfirst-in,\tfirst-out\tbasis.\tWe\trecord\tinventory\twrite-downs\tfor\texcess\tor\tobsolete\tinventories\tbased\tupon\tassumptions\tabout\n\t\ncurrent\tand\tfuture\tdemand\tforecasts.\tIf\tour\tinventory\ton-hand\tis\tin\texcess\tof\tour\tfuture\tdemand\tforecast,\tthe\texcess\tamounts\tare\twritten-off.\nWe\talso\treview\tour\tinventory\tto\tdetermine\twhether\tits\tcarrying\tvalue\texceeds\tthe\tnet\tamount\trealizable\tupon\tthe\tultimate\tsale\tof\tthe\tinventory.\n\t\nThis\trequires\tus\tto\tdetermine\tthe\testimated\tselling\tprice\tof\tour\tvehicles\tless\tthe\testimated\tcost\tto\tconvert\tthe\tinventory\ton-hand\tinto\ta\tfinished\tproduct.\n\t\nOnce\tinventory\tis\twritten-down,\ta\tnew,\tlower\tcost\tbasis\tfor\tthat\tinventory\tis\testablished\tand\tsubsequent\tchanges\tin\tfacts\tand\tcircumstances\tdo\tnot\n\t\nresult\tin\tthe\trestoration\tor\tincrease\tin\tthat\tnewly\testablished\tcost\tbasis.\nShould\tour\testimates\tof\tfuture\tselling\tprices\tor\tproduction\tcosts\tchange,\tadditional\tand\tpotentially\tmaterial\twrite-downs\tmay\tbe\trequired.\tA\n\t\nsmall\tchange\tin\tour\testimates\tmay\tresult\tin\ta\tmaterial\tcharge\tto\tour\treported\tfinancial\tresults.\nOperating\tLease\tVehicles\nVehicles\tthat\tare\tleased\tas\tpart\tof\tour\tdirect\tvehicle\tleasing\tprogram\tare\tclassified\tas\toperating\tlease\tvehicles\tat\tcost\tless\taccumulated\n\t\ndepreciation.\tWe\tgenerally\tdepreciate\ttheir\tcost,\tless\tresidual\tvalue,\tusing\tthe\tstraight-line-method\tto\tcost\tof\tautomotive\tleasing\trevenue\tover\tthe\n\t\ncontractual\tperiod.\tThe\tgross\tcost\tof\toperating\tlease\tvehicles\tas\tof\tDecember\t31,\t2022\tand\tDecember\t31,\t2021\twas\t\n$\n6.08\n\tbillion\tand\t\n$\n5.28\n\tbillion,\n\t\nrespectively.\tOperating\tlease\tvehicles\ton\tthe\tconsolidated\tbalance\tsheets\tare\tpresented\tnet\tof\taccumulated\tdepreciation\tof\t\n$"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50d6e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 61, "chroma:document": "$\n1.04\n\tbillion\tand\t\n$\n773\n\t\nmillion\tas\tof\tDecember\t31,\t2022\tand\tDecember\t31,\t2021\n,\trespectively.\n62"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50dc8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 62, "chroma:document": "Digital\tAssets,\tNet\nWe\tcurrently\taccount\tfor\tall\tdigital\tassets\theld\tas\tindefinite-lived\tintangible\tassets\tin\taccordance\twith\tASC\t350,\t\nIntangibles\u2014Goodwill\tand\tOther\n.\n\t\nWe\thave\townership\tof\tand\tcontrol\tover\tour\tdigital\tassets\tand\twe\tmay\tuse\tthird-party\tcustodial\tservices\tto\tsecure\tit.\tThe\tdigital\tassets\tare\tinitially\n\t\nrecorded\tat\tcost\tand\tare\tsubsequently\tremeasured\ton\tthe\tconsolidated\tbalance\tsheet\tat\tcost,\tnet\tof\tany\timpairment\tlosses\tincurred\tsince\tacquisition.\nWe\tdetermine\tthe\tfair\tvalue\tof\tour\tdigital\tassets\ton\ta\tnonrecurring\tbasis\tin\taccordance\twith\tASC\t820,\t\nFair\tValue\tMeasurement\t\n(\u201cASC\t820\u201d),\n\t\nbased\ton\tquoted\tprices\ton\tthe\tactive\texchange(s)\tthat\twe\thave\tdetermined\tis\tthe\tprincipal\tmarket\tfor\tsuch\tassets\t(Level\tI\tinputs).\tWe\tperform\tan\n\t\nanalysis\teach\tquarter\tto\tidentify\twhether\tevents\tor\tchanges\tin\tcircumstances,\tprincipally\tdecreases\tin\tthe\tquoted\tprices\ton\tactive\texchanges,\tindicate\n\t\nthat\tit\tis\tmore\tlikely\tthan\tnot\tthat\tour\tdigital\tassets\tare\timpaired.\tIn\tdetermining\tif\tan\timpairment\thas\toccurred,\twe\tconsider\tthe\tlowest\tmarket\tprice\tof\n\t\none\tunit\tof\tdigital\tasset\tquoted\ton\tthe\tactive\texchange\tsince\tacquiring\tthe\tdigital\tasset.\tWhen\tthe\tthen\tcurrent\tcarrying\tvalue\tof\ta\tdigital\tasset\texceeds\n\t\nthe\tfair\tvalue\tdetermined\teach\tquarter,\tan\timpairment\tloss\thas\toccurred\twith\trespect\tto\tthose\tdigital\tassets\tin\tthe\tamount\tequal\tto\tthe\tdifference\n\t\nbetween\ttheir\tcarrying\tvalues\tand\tthe\tprices\tdetermined.\n\t\nImpairment\tlosses\tare\trecognized\twithin\tRestructuring\tand\tother\tin\tthe\tconsolidated\tstatements\tof\toperations\tin\tthe\tperiod\tin\twhich\tthe"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50e22-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 62, "chroma:document": "impairment\tis\tidentified.\tGains\tare\tnot\trecorded\tuntil\trealized\tupon\tsale(s),\tat\twhich\tpoint\tthey\tare\tpresented\tnet\tof\tany\timpairment\tlosses\tfor\tthe\tsame\n\t\ndigital\tassets\theld\twithin\tRestructuring\tand\tother.\tIn\tdetermining\tthe\tgain\tto\tbe\trecognized\tupon\tsale,\twe\tcalculate\tthe\tdifference\tbetween\tthe\tsales\n\t\nprice\tand\tcarrying\tvalue\tof\tthe\tdigital\tassets\tsold\timmediately\tprior\tto\tsale.\n\t\nSee\tNote\t3,\t\nDigital\tAssets,\tNet\n,\tfor\tfurther\tinformation\tregarding\tdigital\tassets.\nSolar\tEnergy\tSystems,\tNet\nWe\tare\tthe\tlessor\tof\tsolar\tenergy\tsystems.\tSolar\tenergy\tsystems\tare\tstated\tat\tcost\tless\taccumulated\tdepreciation.\nDepreciation\tand\tamortization\tis\tcalculated\tusing\tthe\tstraight-line\tmethod\tover\tthe\testimated\tuseful\tlives\tof\tthe\trespective\tassets,\tas\tfollows:\n\t\nSolar\tenergy\tsystems\tin\tservice\n\t\n\t\t\n\t\n30\n\tto\t\n35\tyears\nInitial\tdirect\tcosts\trelated\tto\tcustomer\t\n\t\t\tsolar\tenergy\tsystem\tlease\tacquisition\n\t\t\tcosts\n\t\n\t\t\n\t\nLease\tterm\t(up\tto\t\n25\tyears\n)\n\t\nSolar\tenergy\tsystems\tpending\tinterconnection\twill\tbe\tdepreciated\tas\tsolar\tenergy\tsystems\tin\tservice\twhen\tthey\thave\tbeen\tinterconnected\tand\n\t\nplaced\tin-service.\tSolar\tenergy\tsystems\tunder\tconstruction\trepresents\tsystems\tthat\tare\tunder\tinstallation,\twhich\twill\tbe\tdepreciated\tas\tsolar\tenergy\n\t\nsystems\tin\tservice\twhen\tthey\tare\tcompleted,\tinterconnected\tand\tplaced\tin\tservice.\tInitial\tdirect\tcosts\trelated\tto\tcustomer\tsolar\tenergy\tsystem\n\t\nagreement\tacquisition\tcosts\tare\tcapitalized\tand\tamortized\tover\tthe\tterm\tof\tthe\trelated\tcustomer\tagreements.\nProperty,\tPlant\tand\tEquipment,\tNet"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50e86-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 62, "chroma:document": "Property,\tPlant\tand\tEquipment,\tNet\nProperty,\tplant\tand\tequipment,\tnet,\tincluding\tleasehold\timprovements,\tare\trecognized\tat\tcost\tless\taccumulated\tdepreciation.\tDepreciation\tis\n\t\ngenerally\tcomputed\tusing\tthe\tstraight-line\tmethod\tover\tthe\testimated\tuseful\tlives\tof\tthe\trespective\tassets,\tas\tfollows:\n\t\nMachinery,\tequipment,\tvehicles\tand\t\n\t\t\toffice\tfurniture\n\t\n\t\t\n\t\n3\n\tto\t\n15\n\tyears\nTooling\n\t\n\t\n\t\n4\n\tto\t\n7\n\tyears\nBuilding\tand\tbuilding\timprovements\n\t\n\t\t\n\t\n15\n\tto\t\n30\n\tyears\nComputer\tequipment\tand\tsoftware\n\t\n\t\t\n\t\n3\n\tto\t\n10\n\tyears\n\t\nLeasehold\timprovements\tare\tdepreciated\ton\ta\tstraight-line\tbasis\tover\tthe\tshorter\tof\ttheir\testimated\tuseful\tlives\tor\tthe\tterms\tof\tthe\trelated\n\t\nleases.\nUpon\tthe\tretirement\tor\tsale\tof\tour\tproperty,\tplant\tand\tequipment,\tthe\tcost\tand\tassociated\taccumulated\tdepreciation\tare\tremoved\tfrom\tthe\n\t\nconsolidated\tbalance\tsheet,\tand\tthe\tresulting\tgain\tor\tloss\tis\treflected\ton\tthe\tconsolidated\tstatement\tof\toperations.\tMaintenance\tand\trepair\texpenditures\n\t\nare\texpensed\tas\tincurred\twhile\tmajor\timprovements\tthat\tincrease\tthe\tfunctionality,\toutput\tor\texpected\tlife\tof\tan\tasset\tare\tcapitalized\tand\tdepreciated\n\t\nratably\tover\tthe\tidentified\tuseful\tlife.\nInterest\texpense\ton\toutstanding\tdebt\tis\tcapitalized\tduring\tthe\tperiod\tof\tsignificant\tcapital\tasset\tconstruction.\tCapitalized\tinterest\ton\n\t\nconstruction\tin\tprogress\tis\tincluded\twithin\tProperty,\tplant\tand\tequipment,\tnet\tand\tis\tamortized\tover\tthe\tlife\tof\tthe\trelated\tassets.\n63"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50eea-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 63, "chroma:document": "Long-Lived\tAssets\tIncluding\tAcquired\tIntangible\tAssets\nWe\treview\tour\tproperty,\tplant\tand\tequipment,\tsolar\tenergy\tsystems,\tlong-term\tprepayments\tand\tintangible\tassets\tfor\timpairment\twhenever\n\t\nevents\tor\tchanges\tin\tcircumstances\tindicate\tthat\tthe\tcarrying\tamount\tof\tan\tasset\t(or\tasset\tgroup)\tmay\tnot\tbe\trecoverable.\tWe\tmeasure\trecoverability\n\t\nby\tcomparing\tthe\tcarrying\tamount\tto\tthe\tfuture\tundiscounted\tcash\tflows\tthat\tthe\tasset\tis\texpected\tto\tgenerate.\tIf\tthe\tasset\tis\tnot\trecoverable,\tits\n\t\ncarrying\tamount\twould\tbe\tadjusted\tdown\tto\tits\tfair\tvalue.\tFor\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\twe\thave\trecognized\tno\tmaterial\n\t\nimpairments\tof\tour\tlong-lived\tassets.\nIntangible\tassets\twith\tdefinite\tlives\tare\tamortized\ton\ta\tstraight-line\tbasis\tover\ttheir\testimated\tuseful\tlives,\twhich\trange\tfrom\t\nthree\n\tto\t\nthirty\n\t\nyears\n.\nGoodwill\nWe\tassess\tgoodwill\tfor\timpairment\tannually\tin\tthe\tfourth\tquarter,\tor\tmore\tfrequently\tif\tevents\tor\tchanges\tin\tcircumstances\tindicate\tthat\tit\tmight\n\t\nbe\timpaired,\tby\tcomparing\tits\tcarrying\tvalue\tto\tthe\treporting\tunit\u2019s\tfair\tvalue.\tFor\tthe\tyears\tended\tDecember\t31,\t2022,\t2021,\tand\t2020,\twe\tdid\t\nno\nt\n\t\nrecognize\tany\timpairment\tof\tgoodwill.\nCapitalization\tof\tSoftware\tCosts\nWe\tcapitalize\tcosts\tincurred\tin\tthe\tdevelopment\tof\tinternal\tuse\tsoftware,\tduring\tthe\tapplication\tdevelopment\tstage\tto\tProperty,\tplant\tand\n\t\nequipment,\tnet\ton\tthe\tconsolidated\tbalance\tsheets.\tCosts\trelated\tto\tpreliminary\tproject\tactivities\tand\tpost-implementation\tactivities\tare\texpensed\tas"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50f58-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 63, "chroma:document": "incurred.\tSuch\tcosts\tare\tamortized\ton\ta\tstraight-line\tbasis\tover\tits\testimated\tuseful\tlife\tof\t\nthree\n\tyears.\n\t\nSoftware\tdevelopment\tcosts\tincurred\tin\tdevelopment\tof\tsoftware\tto\tbe\tsold,\tleased,\tor\totherwise\tmarketed,\tincurred\tsubsequent\tto\tthe\n\t\nestablishment\tof\ttechnological\tfeasibility\tand\tprior\tto\tthe\tgeneral\tavailability\tof\tthe\tsoftware\tare\tcapitalized\twhen\tthey\tare\texpected\tto\tbecome\n\t\nsignificant.\tSuch\tcosts\tare\tamortized\tover\tthe\testimated\tuseful\tlife\tof\tthe\tapplicable\tsoftware\tonce\tit\tis\tmade\tgenerally\tavailable\tto\tour\tcustomers.\n\t\nWe\tevaluate\tthe\tuseful\tlives\tof\tthese\tassets\ton\tan\tannual\tbasis,\tand\twe\ttest\tfor\timpairment\twhenever\tevents\tor\tchanges\tin\tcircumstances\toccur\n\t\nthat\tcould\timpact\tthe\trecoverability\tof\tthese\tassets.\t\nFor\tthe\tyears\tended\tDecember\t31,\t2022,\t2021,\tand\t2020,\twe\thave\trecognized\tno\timpairments\tof\n\t\ncapitalized\tsoftware\tcosts.\n\t\nForeign\tCurrency\nWe\tdetermine\tthe\tfunctional\tand\treporting\tcurrency\tof\teach\tof\tour\tinternational\tsubsidiaries\tand\ttheir\toperating\tdivisions\tbased\ton\tthe\tprimary\n\t\ncurrency\tin\twhich\tthey\toperate.\tIn\tcases\twhere\tthe\tfunctional\tcurrency\tis\tnot\tthe\tU.S.\tdollar,\twe\trecognize\ta\tcumulative\ttranslation\tadjustment\tcreated\n\t\nby\tthe\tdifferent\trates\twe\tapply\tto\tcurrent\tperiod\tincome\tor\tloss\tand\tthe\tbalance\tsheet.\tFor\teach\tsubsidiary,\twe\tapply\tthe\tmonthly\taverage\tfunctional\n\t\nexchange\trate\tto\tits\tmonthly\tincome\tor\tloss\tand\tthe\tmonth-end\tfunctional\tcurrency\trate\tto\ttranslate\tthe\tbalance\tsheet.\nForeign\tcurrency\ttransaction\tgains\tand\tlosses\tare\ta\tresult\tof\tthe\teffect\tof\texchange\trate\tchanges\ton\ttransactions\tdenominated\tin\tcurrencies"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d50fb2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 63, "chroma:document": "other\tthan\tthe\tfunctional\tcurrency.\tTransaction\tgains\tand\tlosses\tare\trecognized\tin\tOther\t(expense)\tincome,\tnet,\tin\tthe\tconsolidated\tstatements\tof\n\t\noperations.\tFor\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\twe\trecorded\ta\tnet\tforeign\tcurrency\ttransaction\tloss\tof\t$\n89\n\tmillion,\tgain\tof\t$\n97\n\t\nmillion\tand\tloss\tof\t$\n114\n\tmillion,\trespectively.\n64"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5105c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 64, "chroma:document": "Warranties\nWe\tprovide\ta\tmanufacturer\u2019s\twarranty\ton\tall\tnew\tand\tused\tvehicles\tand\t\na\twarranty\ton\tthe\tinstallation\tand\tcomponents\tof\tthe\tenergy\tgeneration\n\t\nand\tstorage\tsystems\twe\tsell\tfor\tperiods\ttypically\tbetween\t10\tto\t25\tyears\n.\tWe\taccrue\ta\twarranty\treserve\tfor\tthe\tproducts\tsold\tby\tus,\twhich\tincludes\tour\n\t\nbest\testimate\tof\tthe\tprojected\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranties\tand\trecalls\tif\tidentified.\tThese\testimates\tare\tbased\ton\tactual\tclaims\n\t\nincurred\tto\tdate\tand\tan\testimate\tof\tthe\tnature,\tfrequency\tand\tcosts\tof\tfuture\tclaims.\tThese\testimates\tare\tinherently\tuncertain\tgiven\tour\trelatively\tshort\n\t\nhistory\tof\tsales,\tand\tchanges\tto\tour\thistorical\tor\tprojected\twarranty\texperience\tmay\tcause\tmaterial\tchanges\tto\tthe\twarranty\treserve\tin\tthe\tfuture.\tThe\n\t\nwarranty\treserve\tdoes\tnot\tinclude\tprojected\twarranty\tcosts\tassociated\twith\tour\tvehicles\tsubject\tto\toperating\tlease\taccounting\tand\tour\tsolar\tenergy\n\t\nsystems\tunder\tlease\tcontracts\tor\tPPAs,\tas\tthe\tcosts\tto\trepair\tthese\twarranty\tclaims\tare\texpensed\tas\tincurred.\tThe\tportion\tof\tthe\twarranty\treserve\n\t\nexpected\tto\tbe\tincurred\twithin\tthe\tnext\t12\tmonths\tis\tincluded\twithin\tAccrued\tliabilities\tand\tother,\twhile\tthe\tremaining\tbalance\tis\tincluded\twithin\tOther\n\t\nlong-term\tliabilities\ton\tthe\tconsolidated\tbalance\tsheets.\tWarranty\texpense\tis\trecorded\tas\ta\tcomponent\tof\tCost\tof\trevenues\tin\tthe\tconsolidated\n\t\nstatements\tof\toperations.\tDue\tto\tthe\tmagnitude\tof\tour\tautomotive\tbusiness,\taccrued\twarranty\tbalance\tis\tprimarily\trelated\tto\tour\tautomotive\tsegment.\n\t\nAccrued\twarranty\tactivity\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\t\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d510c0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 64, "chroma:document": "2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nAccrued\twarranty\u2014beginning\tof\tperiod\n\t\n$\n2,101\n\t\n\t\n$\n1,468\n\t\n\t\n$\n1,089\n\t\nWarranty\tcosts\tincurred\n\t\n\t\n(\n803\n)\n\t\n\t\n(\n525\n)\n\t\n\t\n(\n312\n)\nNet\tchanges\tin\tliability\tfor\tpre-existing\twarranties,\n\t\t\tincluding\texpirations\tand\tforeign\texchange\timpact\n\t\n\t\n522\n\t\n\t\n\t\n102\n\t\n\t\n\t\n66\n\t\nProvision\tfor\twarranty\n\t\n\t\n1,685\n\t\n\t\n\t\n1,056\n\t\n\t\n\t\n625\n\t\nAccrued\twarranty\u2014end\tof\tperiod\n\t\n$\n3,505\n\t\n\t\n$\n2,101\n\t\n\t\n$\n1,468\n\t\nCustomer\tDeposits\nCustomer\tdeposits\tprimarily\tconsist\tof\tcash\tpayments\tfrom\tcustomers\tat\tthe\ttime\tthey\tplace\tan\torder\tor\treservation\tfor\ta\tvehicle\tor\tan\tenergy\n\t\nproduct\tand\tany\tadditional\tpayments\tup\tto\tthe\tpoint\tof\tdelivery\tor\tthe\tcompletion\tof\tinstallation.\tCustomer\tdeposits\talso\tinclude\tprepayments\ton\n\t\ncontracts\tthat\tcan\tbe\tcancelled\twithout\tsignificant\tpenalties,\tsuch\tas\tvehicle\tmaintenance\tplans.\tCustomer\tdeposit\tamounts\tvary\tdepending\ton\tthe\n\t\nvehicle\tmodel,\tthe\tenergy\tproduct\tand\tthe\tcountry\tof\tdelivery.\tWith\tthe\texception\tof\ta\tnominal\torder\tfee,\tcustomer\tdeposits\tare\tfully\trefundable\ton\n\t\nvehicles\tprior\tto\tdelivery\tand\tfully\trefundable\tin\tthe\tcase\tof\tan\tenergy\tgeneration\tor\tstorage\tproduct\tprior\tto\tthe\tentry\tinto\ta\tpurchase\tagreement\tor\tin\n\t\ncertain\tcases\tfor\ta\tlimited\ttime\tthereafter\t(in\taccordance\twith\tapplicable\tlaws).\tCustomer\tdeposits\tare\tincluded\tin\tcurrent\tliabilities\tuntil\trefunded,"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51124-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 64, "chroma:document": "forfeited\tor\tapplied\ttowards\tthe\tcustomer\u2019s\tpurchase\tbalance.\nGovernment\tAssistance\tPrograms\tand\tIncentives\nGlobally,\tthe\toperation\tof\tour\tbusiness\tis\timpacted\tby\tvarious\tgovernment\tprograms,\tincentives,\tand\tother\tarrangements.\tGovernment\tincentives\n\t\nare\trecorded\tin\tour\tconsolidated\tfinancial\tstatements\tin\taccordance\twith\ttheir\tpurpose\tas\ta\treduction\tof\texpense,\tor\tan\toffset\tto\tthe\trelated\tcapital\n\t\nasset.\tThe\tbenefit\tis\tgenerally\trecorded\twhen\tall\tconditions\tattached\tto\tthe\tincentive\thave\tbeen\tmet\tor\tare\texpected\tto\tbe\tmet\tand\tthere\tis\treasonable\n\t\nassurance\tof\ttheir\treceipt.\tThe\tgovernment\tincentives\treceived\tby\tus\tare\timmaterial\tin\tall\tperiods\tpresented\tsince\tthe\tadoption\tof\tASU\t2021-10.\n\t\nGigafactory\tNew\tYork\u2014New\tYork\tState\tInvestment\tand\tLease\nWe\thave\ta\tlease\tthrough\tthe\tResearch\tFoundation\tfor\tthe\tSUNY\tFoundation\twith\trespect\tto\tGigafactory\tNew\tYork.\tUnder\tthe\tlease\tand\ta\trelated\n\t\nresearch\tand\tdevelopment\tagreement,\twe\tare\tcontinuing\tto\tdesignate\tfurther\tbuildouts\tat\tthe\tfacility.\tWe\tare\trequired\tto\tcomply\twith\tcertain\n\t\ncovenants,\tincluding\thiring\tand\tcumulative\tinvestment\ttargets.\tUnder\tthe\tterms\tof\tthe\tarrangement,\tthe\tSUNY\tFoundation\tpaid\tfor\ta\tmajority\tof\tthe\n\t\nconstruction\tcosts\trelated\tto\tthe\tmanufacturing\tfacility\tand\tthe\tacquisition\tand\tcommissioning\tof\tcertain\tmanufacturing\tequipment;\tand\twe\tare\n\t\nresponsible\tfor\tany\tconstruction\tor\tequipment\tcosts\tin\texcess\tof\tsuch\tamount\t(refer\tto\tNote\t15,\t\nCommitments\tand\tContingencies\n).\tThis\tincentive\n\t\nreduces\tthe\trelated\tlease\tcosts\tof\tthe\tfacility\twithin\tthe\tEnergy\tgeneration\tand\tstorage\tcost\tof\trevenues\tand\toperating\texpense\tline\titems\tin\tour"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5117e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 64, "chroma:document": "consolidated\tstatements\tof\toperations.\n65"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d511d8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 65, "chroma:document": "Gigafactory\tShanghai\u2014Land\tUse\tRights\tand\tEconomic\tBenefits\nWe\thave\tan\tagreement\twith\tthe\tlocal\tgovernment\tof\tShanghai\tfor\tland\tuse\trights\tat\tGigafactory\tShanghai.\tUnder\tthe\tterms\tof\tthe\tarrangement,\n\t\nwe\tare\trequired\tto\tmeet\ta\tcumulative\tcapital\texpenditure\ttarget\tand\tan\tannual\ttax\trevenue\ttarget\tstarting\tat\tthe\tend\tof\t2023.\tIn\taddition,\tthe\tShanghai\n\t\ngovernment\thas\tgranted\tto\tour\tGigafactory\tShanghai\tsubsidiary\tcertain\tincentives\tto\tbe\tused\tin\tconnection\twith\teligible\tcapital\tinvestments\tat\n\t\nGigafactory\tShanghai\t(refer\tto\tNote\t15,\t\nCommitments\tand\tContingencies\n).\tFor\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\twe\treceived\tgrant\n\t\nfunding\tof\t$\n76\n\tmillion\tand\t$\n6\n\tmillion,\trespectively.\tThese\tincentives\toffset\tthe\trelated\tcosts\tof\tour\tfacilities\tand\tare\trecorded\tas\ta\treduction\tof\tthe\tcost\n\t\nof\tthe\tcapital\tinvestment\twithin\tthe\tProperty,\tplant\tand\tequipment,\tnet\tline\titem\tin\tour\tconsolidated\tbalance\tsheets.\tThe\tincentive\ttherefore\treduces\tthe\n\t\ndepreciation\texpense\tover\tthe\tuseful\tlives\tof\tthe\trelated\tequipment.\n\t\nNevada\tTax\tIncentives\nIn\tconnection\twith\tthe\tconstruction\tof\tGigafactory\tNevada,\twe\tentered\tinto\tagreements\twith\tthe\tState\tof\tNevada\tand\tStorey\tCounty\tin\tNevada\n\t\nthat\tprovide\tabatements\tfor\tspecified\ttaxes,\tdiscounts\tto\tthe\tbase\ttariff\tenergy\trates\tand\ttransferable\ttax\tcredits\tof\tup\tto\t$\n195\n\tmillion\tin\tconsideration\n\t\nof\tcapital\tinvestment\tand\thiring\ttargets\tthat\twere\tmet\tat\tGigafactory\tNevada.\nGigafactory\tTexas\tTax\tIncentives\nIn\tconnection\twith\tthe\tconstruction\tof\tGigafactory\tTexas,\twe\tentered\tinto\ta\t\n20"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5123c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 65, "chroma:document": "20\n-year\tagreement\twith\tTravis\tCounty\tin\tTexas\tpursuant\tto\twhich\twe\n\t\nwould\treceive\tgrant\tfunding\tequal\tto\t\n70\n-\n80\n%\tof\tproperty\ttaxes\tpaid\tby\tus\tto\tTravis\tCounty\tand\ta\tseparate\t\n10\n-year\tagreement\twith\tthe\tDel\tValle\n\t\nIndependent\tSchool\tDistrict\tin\tTexas\tpursuant\tto\twhich\ta\tportion\tof\tthe\ttaxable\tvalue\tof\tour\tproperty\twould\tbe\tcapped\tat\ta\tspecified\tamount,\tin\teach\n\t\ncase\tsubject\tto\tour\tmeeting\tcertain\tminimum\teconomic\tdevelopment\tmetrics\tthrough\tour\tconstruction\tand\toperations\tat\tGigafactory\tTexas.\tThis\n\t\nincentive\tis\trecorded\tas\ta\treduction\tof\tthe\trelated\texpenses\twithin\tthe\tCost\tof\tautomotive\trevenues\tand\toperating\texpense\tline\titems\tof\tour\n\t\nconsolidated\tstatements\tof\toperations.\nDefined\tContribution\tPlan\nWe\thave\ta\t401(k)\tsavings\tplan\tin\tthe\tU.S.\tthat\tis\tintended\tto\tqualify\tas\ta\tdeferred\tsalary\tarrangement\tunder\tSection\t401(k)\tof\tthe\tInternal\n\t\nRevenue\tCode\tand\ta\tnumber\tof\tsavings\tplans\tinternationally.\tUnder\tthe\t401(k)\tsavings\tplan,\tparticipating\temployees\tmay\telect\tto\tcontribute\tup\tto\t\n90\n%\n\t\nof\ttheir\teligible\tcompensation,\tsubject\tto\tcertain\tlimitations.\tBeginning\tin\tJanuary\t2022,\twe\tbegan\tto\tmatch\t\n50\n%\tof\teach\temployee\u2019s\tcontributions\tup\tto\n\t\na\tmaximum\tof\t\n6\n%\t(capped\tat\t$\n3,000\n)\tof\tthe\temployee\u2019s\teligible\tcompensation,\tvested\tupon\tone\tyear\tof\tservice.\tWe\trecognized\t$\n91\n\tmillion\tof\texpenses\n\t\nrelated\tto\temployer\tcontributions\tfor\tthe\t401(k)\tsavings\tplan\tduring\tthe\tyear\tended\tDecember\t31,\t2022.\nRecent\tAccounting\tPronouncements\nRecently\tissued\taccounting\tpronouncements\tnot\tyet\tadopted"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d512c8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 65, "chroma:document": "Recently\tissued\taccounting\tpronouncements\tnot\tyet\tadopted\nIn\tOctober\t2021,\tthe\tFinancial\tAccounting\tStandards\tBoard\t(\u201cFASB\u201d)\tissued\tASU\tNo.\t2021-08,\tAccounting\tfor\tContract\tAssets\tand\tContract\n\t\nLiabilities\tfrom\tContracts\twith\tCustomers\t(Topic\t805).\tThis\tASU\trequires\tan\tacquirer\tin\ta\tbusiness\tcombination\tto\trecognize\tand\tmeasure\tcontract\n\t\nassets\tand\tcontract\tliabilities\t(deferred\trevenue)\tfrom\tacquired\tcontracts\tusing\tthe\trevenue\trecognition\tguidance\tin\tTopic\t606.\tAt\tthe\tacquisition\tdate,\n\t\nthe\tacquirer\tapplies\tthe\trevenue\tmodel\tas\tif\tit\thad\toriginated\tthe\tacquired\tcontracts.\tThe\tASU\tis\teffective\tfor\tannual\tperiods\tbeginning\tafter\tDecember\n\t\n15,\t2022,\tincluding\tinterim\tperiods\twithin\tthose\tfiscal\tyears.\tAdoption\tof\tthe\tASU\tshould\tbe\tapplied\tprospectively.\tEarly\tadoption\tis\talso\tpermitted,\n\t\nincluding\tadoption\tin\tan\tinterim\tperiod.\tIf\tearly\tadopted,\tthe\tamendments\tare\tapplied\tretrospectively\tto\tall\tbusiness\tcombinations\tfor\twhich\tthe\n\t\nacquisition\tdate\toccurred\tduring\tthe\tfiscal\tyear\tof\tadoption.\tThis\tASU\tis\tcurrently\tnot\texpected\tto\thave\ta\tmaterial\timpact\ton\tour\tconsolidated\tfinancial\n\t\nstatements.\nIn\tMarch\t2022,\tthe\tFASB\tissued\tASU\t2022-02,\tTroubled\tDebt\tRestructurings\tand\tVintage\tDisclosures.\tThis\tASU\teliminates\tthe\taccounting\n\t\nguidance\tfor\ttroubled\tdebt\trestructurings\tby\tcreditors\tthat\thave\tadopted\tASU\t2016-13,\tMeasurement\tof\tCredit\tLosses\ton\tFinancial\tInstruments,\twhich\n\t\nwe\tadopted\ton\tJanuary\t1,\t2020.\tThis\tASU\talso\tenhances\tthe\tdisclosure\trequirements\tfor\tcertain\tloan\trefinancing\tand\trestructurings\tby\tcreditors\twhen\ta"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51322-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 65, "chroma:document": "borrower\tis\texperiencing\tfinancial\tdifficulty.\tIn\taddition,\tthe\tASU\tamends\tthe\tguidance\ton\tvintage\tdisclosures\tto\trequire\tentities\tto\tdisclose\tcurrent\n\t\nperiod\tgross\twrite-offs\tby\tyear\tof\torigination\tfor\tfinancing\treceivables\tand\tnet\tinvestments\tin\tleases\twithin\tthe\tscope\tof\tASC\t326-20.\tThe\tASU\tis\n\t\neffective\tfor\tannual\tperiods\tbeginning\tafter\tDecember\t15,\t2022,\tincluding\tinterim\tperiods\twithin\tthose\tfiscal\tyears.\tAdoption\tof\tthe\tASU\twould\tbe\n\t\napplied\tprospectively.\tEarly\tadoption\tis\talso\tpermitted,\tincluding\tadoption\tin\tan\tinterim\tperiod.\tThis\tASU\tis\tcurrently\tnot\texpected\tto\thave\ta\tmaterial\n\t\nimpact\ton\tour\tconsolidated\tfinancial\tstatements.\nOn\tAugust\t16,\t2022,\tthe\tIRA\twas\tenacted\tinto\tlaw\tand\tis\teffective\tfor\ttaxable\tyears\tbeginning\tafter\tDecember\t31,\t2022.\tThe\tIRA\tincludes\n\t\nmultiple\tincentives\tto\tpromote\tclean\tenergy,\telectric\tvehicles,\tbattery\tand\tenergy\tstorage\tmanufacture\tor\tpurchase,\tin\taddition\tto\ta\tnew\tcorporate\n\t\nalternative\tminimum\ttax\tof\t\n15\n%\ton\tadjusted\tfinancial\tstatement\tincome\tof\tcorporations\twith\tprofits\tgreater\tthan\t$\n1\n\tbillion.\tThese\tmeasures\tmay\n\t\nmaterially\taffect\tour\tconsolidated\tfinancial\tstatements,\tand\twe\twill\tcontinue\tto\tevaluate\tthe\tapplicability\tand\teffect\tof\tthe\tIRA\tas\tmore\tguidance\tis\n\t\nissued.\n\t\n66"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51386-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 66, "chroma:document": "Recently\tadopted\taccounting\tpronouncements\nIn\tDecember\t2022,\tthe\tFASB\tissued\tASU\tNo.\t2022-06,\tDeferral\tof\tthe\tSunset\tDate\tof\tReference\tRate\tReform\t(Topic\t848).\tTopic\t848\tprovides\n\t\noptional\texpedients\tand\texceptions\tfor\tapplying\tGAAP\tto\ttransactions\taffected\tby\treference\trate\t(e.g.,\tLIBOR)\treform\tif\tcertain\tcriteria\tare\tmet,\tfor\ta\n\t\nlimited\tperiod\tof\ttime\tto\tease\tthe\tpotential\tburden\tin\taccounting\tfor\t(or\trecognizing\tthe\teffects\tof)\treference\trate\treform\ton\tfinancial\treporting.\tThe\n\t\nASU\tdeferred\tthe\tsunset\tdate\tof\tTopic\t848\tfrom\tDecember\t31,\t2022\tto\tDecember\t31,\t2024.\tThe\tASU\tis\teffective\tas\tof\tDecember\t21,\t2022\tthrough\n\t\nDecember\t31,\t2024.\tWe\tcontinue\tto\tevaluate\ttransactions\tor\tcontract\tmodifications\toccurring\tas\ta\tresult\tof\treference\trate\treform\tand\tdetermine\n\t\nwhether\tto\tapply\tthe\toptional\tguidance\ton\tan\tongoing\tbasis.\tWe\tadopted\tASU\t2022-06\tduring\t2022.\tThe\tASU\thas\tnot\tand\tis\tcurrently\tnot\texpected\tto\n\t\nhave\ta\tmaterial\timpact\ton\tour\tconsolidated\tfinancial\tstatements.\nIn\tNovember\t2021,\tthe\tFASB\tissued\tASU\tNo.\t2021-10,\tGovernment\tAssistance\t(Topic\t832).\tThis\tASU\trequires\tbusiness\tentities\tto\tdisclose\n\t\ninformation\tabout\tgovernment\tassistance\tthey\treceive\tif\tthe\ttransactions\twere\taccounted\tfor\tby\tanalogy\tto\teither\ta\tgrant\tor\ta\tcontribution\taccounting\n\t\nmodel.\tThe\tdisclosure\trequirements\tinclude\tthe\tnature\tof\tthe\ttransaction\tand\tthe\trelated\taccounting\tpolicy\tused,\tthe\tline\titems\ton\tthe\tbalance\tsheets\n\t\nand\tstatements\tof\toperations\tthat\tare\taffected\tand\tthe\tamounts\tapplicable\tto\teach\tfinancial\tstatement\tline\titem\tand\tthe\tsignificant\tterms\tand\tconditions"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d513e0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 66, "chroma:document": "of\tthe\ttransactions.\tThe\tASU\tis\teffective\tfor\tannual\tperiods\tbeginning\tafter\tDecember\t15,\t2021.\tThe\tdisclosure\trequirements\tcan\tbe\tapplied\teither\n\t\nretrospectively\tor\tprospectively\tto\tall\ttransactions\tin\tthe\tscope\tof\tthe\tamendments\tthat\tare\treflected\tin\tthe\tfinancial\tstatements\tat\tthe\tdate\tof\tinitial\n\t\napplication\tand\tnew\ttransactions\tthat\tare\tentered\tinto\tafter\tthe\tdate\tof\tinitial\tapplication.\tWe\tadopted\tthe\tASU\tprospectively\ton\tJanuary\t1,\t2022.\n\t\nAdoption\tof\tthis\tASU\tdid\tnot\thave\ta\tmaterial\timpact\ton\tour\tconsolidated\tfinancial\tstatements.\n\t\nASU\t2020-06\nIn\tAugust\t2020,\tthe\tFASB\tissued\tASU\t2020-06,\tAccounting\tfor\tConvertible\tInstruments\tand\tContracts\tin\tan\tEntity\u2019s\tOwn\tEquity.\tThe\tASU\n\t\nsimplifies\tthe\taccounting\tfor\tconvertible\tinstruments\tby\tremoving\tcertain\tseparation\tmodels\tin\tASC\t470-20,\tDebt\u2014Debt\twith\tConversion\tand\tOther\n\t\nOptions,\tfor\tconvertible\tinstruments.\tThe\tASU\tupdates\tthe\tguidance\ton\tcertain\tembedded\tconversion\tfeatures\tthat\tare\tnot\trequired\tto\tbe\taccounted\tfor\n\t\nas\tderivatives\tunder\tTopic\t815,\tDerivatives\tand\tHedging,\tor\tthat\tdo\tnot\tresult\tin\tsubstantial\tpremiums\taccounted\tfor\tas\tpaid-in\tcapital,\tsuch\tthat\tthose\n\t\nfeatures\tare\tno\tlonger\trequired\tto\tbe\tseparated\tfrom\tthe\thost\tcontract.\tThe\tconvertible\tdebt\tinstruments\twill\tbe\taccounted\tfor\tas\ta\tsingle\tliability\n\t\nmeasured\tat\tamortized\tcost.\tThis\twill\talso\tresult\tin\tthe\tinterest\texpense\trecognized\tfor\tconvertible\tdebt\tinstruments\tto\tbe\ttypically\tcloser\tto\tthe\tcoupon\n\t\ninterest\trate\twhen\tapplying\tthe\tguidance\tin\tTopic\t835,\tInterest.\tFurther,\tthe\tASU\tmade\tamendments\tto\tthe\tEPS\tguidance\tin\tTopic\t260\tfor\tconvertible"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5143a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 66, "chroma:document": "debt\tinstruments,\tthe\tmost\tsignificant\timpact\tof\twhich\tis\trequiring\tthe\tuse\tof\tthe\tif-converted\tmethod\tfor\tdiluted\tEPS\tcalculation,\tand\tno\tlonger\n\t\nallowing\tthe\tnet\tshare\tsettlement\tmethod.\tThe\tASU\talso\tmade\trevisions\tto\tTopic\t815-40,\twhich\tprovides\tguidance\ton\thow\tan\tentity\tmust\tdetermine\n\t\nwhether\ta\tcontract\tqualifies\tfor\ta\tscope\texception\tfrom\tderivative\taccounting.\tThe\tamendments\tto\tTopic\t815-40\tchange\tthe\tscope\tof\tcontracts\tthat\tare\n\t\nrecognized\tas\tassets\tor\tliabilities.\nOn\tJanuary\t1,\t2021,\twe\tadopted\tthe\tASU\tusing\tthe\tmodified\tretrospective\tmethod.\tWe\trecognized\ta\tcumulative\teffect\tof\tinitially\tapplying\tthe\n\t\nASU\tas\tan\tadjustment\tto\tthe\tJanuary\t1,\t2021\topening\tbalance\tof\taccumulated\tdeficit.\tDue\tto\tthe\trecombination\tof\tthe\tequity\tconversion\tcomponent\tof\n\t\nour\tconvertible\tdebt\tremaining\toutstanding,\tadditional\tpaid\tin\tcapital\tand\tconvertible\tsenior\tnotes\t(mezzanine\tequity)\twere\treduced.\tThe\tremoval\tof\tthe\n\t\nremaining\tdebt\tdiscounts\trecorded\tfor\tthis\tprevious\tseparation\thad\tthe\teffect\tof\tincreasing\tour\tnet\tdebt\tbalance\tand\tthe\treduction\tof\tproperty,\tplant\n\t\nand\tequipment\twas\trelated\tto\tpreviously\tcapitalized\tinterest.\tThe\tprior\tperiod\tconsolidated\tfinancial\tstatements\thave\tnot\tbeen\tretrospectively\tadjusted\n\t\nand\tcontinue\tto\tbe\treported\tunder\tthe\taccounting\tstandards\tin\teffect\tfor\tthose\tperiods.\nAccordingly,\tthe\tcumulative\teffect\tof\tthe\tchanges\tmade\ton\tour\tJanuary\t1,\t2021\tconsolidated\tbalance\tsheet\tfor\tthe\tadoption\tof\tthe\tASU\twas\tas\n\t\nfollows\t(in\tmillions):\n\t\n\t\n\t\nBalances\tat\t\nDecember\t31,\t2020\n\t\n\t\nAdjustments\tfrom\nAdoption\tof\tASU\t2020-\n06\n\t\n\t\nBalances\tat"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5149e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 66, "chroma:document": "06\n\t\n\t\nBalances\tat\t\nJanuary\t1,\t2021\n\t\nAssets\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nProperty,\tplant\tand\tequipment,\tnet\n\t\n$\n12,747\n\t\n\t\n$\n(\n45\n)\n\t\n$\n12,702\n\t\nLiabilities\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nCurrent\tportion\tof\tdebt\tand\tfinance\tleases\n\t\n\t\n2,132\n\t\n\t\n\t\n50\n\t\n\t\n\t\n2,182\n\t\nDebt\tand\tfinance\tleases,\tnet\tof\tcurrent\tportion\n\t\n\t\n9,556\n\t\n\t\n\t\n219\n\t\n\t\n\t\n9,775\n\t\nMezzanine\tequity\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nConvertible\tsenior\tnotes\n\t\n\t\n51\n\t\n\t\n\t\n(\n51\n)\n\t\n\t\n\u2014\n\t\nEquity\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAdditional\tpaid-in\tcapital\n\t\n\t\n27,260\n\t\n\t\n\t\n(\n474\n)\n\t\n\t\n26,786\n\t\nAccumulated\tdeficit\n\t\n\t\n(\n5,399\n)\n\t\n\t\n211\n\t\n\t\n\t\n(\n5,188\n)\n\t\n67"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d514f8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 67, "chroma:document": "Note\t3\t\u2013\tDigital\tAssets,\tNet\nDuring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\twe\tpurchased\tand/or\treceived\tan\timmaterial\tamount\tand\t\n$\n1.50\n\t\nbillion,\trespectively,\tof\n\t\ndigital\tassets.\tAs\tof\tDecember\t31,\t2022\n,\twe\thave\tconverted\tapproximately\t\n75\n%\tof\tour\tpurchases\tinto\tfiat\tcurrency.\tDuring\tthe\n\tyears\tended\tDecember\n\t\n31,\t2022\tand\t2021\n,\twe\trecorded\t$\n204\n\t\nmillion\tand\t\n$\n101\n\tmillion\tof\timpairment\tlosses\ton\tsuch\tdigital\tassets,\trespectively.\tDuring\tthe\tyears\tended\n\t\nDecember\t31,\t2022\tand\t2021\n,\twe\trealized\tgains\tof\t$\n64\n\t\nmillion\tand\t\n$\n128\n\t\nmillion,\trespectively,\tin\tconnection\twith\tconverting\tour\tholdings\tof\tdigital\n\t\nassets\tinto\tfiat\tcurrency.\tThe\tgains\tare\tpresented\tnet\tof\timpairment\tlosses\tin\tRestructuring\tand\tother\tin\tthe\tconsolidated\tstatements\tof\toperations.\tAs\n\t\nof\tDecember\t31,\t2022\n\tand\t2021,\tthe\tcarrying\tvalue\tof\tour\tdigital\tassets\theld\twas\t$\n184\n\t\nmillion\tand\t\n$\n1.26\n\t\nbillion\n,\twhich\treflects\tcumulative\timpairments\n\t\nof\t$\n204\n\t\nmillion\tand\t\n$\n101\n\t\nmillion,\teach\tperiod,\trespectively.\tThe\tfair\tmarket\tvalue\tof\tsuch\tdigital\tassets\theld\tas\tof\tDecember\t31,\t2022\n\tand\t2021\twas\n\t\n$\n191\n\t\nmillion\n\tand\t$\n1.99\n\tbillion,\trespectively.\n\t\nNote\t4\t\u2013\tGoodwill\tand\tIntangible\tAssets\nGoodwill\tdecreased\t\n$\n6\n\tmillion\twithin\tthe\tautomotive\tsegment\tfrom\t\n$\n200\n\tmillion\tas\tof\tDecember\t31,\t2021\tto\t\n$"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51552-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 67, "chroma:document": "$\n194\n\tmillion\n\tas\tof\tDecember\t31,\n\t\n2022.\tThere\twere\t\nno\n\taccumulated\timpairment\tlosses\tas\tof\tDecember\t31,\t2022\tand\t2021.\n\t\nThe\tnet\tcarrying\tvalue\tof\tour\tintangible\tassets\tdecreased\tfrom\t$\n257\n\tmillion\tas\tof\tDecember\t31,\t2021\tto\t$\n215\n\tmillion\tas\tof\tDecember\t31,\t2022\n\t\nmainly\tfrom\tamortization.\nNote\t5\t\u2013\tFair\tValue\tof\tFinancial\tInstruments\nASC\t820\tstates\tthat\tfair\tvalue\tis\tan\texit\tprice,\trepresenting\tthe\tamount\tthat\twould\tbe\treceived\tto\tsell\tan\tasset\tor\tpaid\tto\ttransfer\ta\tliability\tin\tan\n\t\norderly\ttransaction\tbetween\tmarket\tparticipants.\tAs\tsuch,\tfair\tvalue\tis\ta\tmarket-based\tmeasurement\tthat\tshould\tbe\tdetermined\tbased\ton\tassumptions\n\t\nthat\tmarket\tparticipants\twould\tuse\tin\tpricing\tan\tasset\tor\ta\tliability.\tThe\tthree-tiered\tfair\tvalue\thierarchy,\twhich\tprioritizes\twhich\tinputs\tshould\tbe\tused\n\t\nin\tmeasuring\tfair\tvalue,\tis\tcomprised\tof:\t(Level\tI)\tobservable\tinputs\tsuch\tas\tquoted\tprices\tin\tactive\tmarkets;\t(Level\tII)\tinputs\tother\tthan\tquoted\tprices\tin\n\t\nactive\tmarkets\tthat\tare\tobservable\teither\tdirectly\tor\tindirectly\tand\t(Level\tIII)\tunobservable\tinputs\tfor\twhich\tthere\tis\tlittle\tor\tno\tmarket\tdata.\tThe\tfair\n\t\nvalue\thierarchy\trequires\tthe\tuse\tof\tobservable\tmarket\tdata\twhen\tavailable\tin\tdetermining\tfair\tvalue.\n\tOur\tassets\tand\tliabilities\tthat\twere\tmeasured\tat\n\t\nfair\tvalue\ton\ta\trecurring\tbasis\twere\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\t2022\n\t\n\t\nDecember\t31,\t2021\n\t\n\t\n\t\nFair\tValue\n\t\n\t\nLevel\tI\n\t\n\t\nLevel\tII\n\t\n\t\nLevel\tIII\n\t\n\t\nFair\tValue\n\t\n\t\nLevel\tI"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d515c0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 67, "chroma:document": "Fair\tValue\n\t\n\t\nLevel\tI\n\t\n\t\nLevel\tII\n\t\n\t\nLevel\tIII\n\t\nMoney\tmarket\tfunds\n\t\n$\n2,188\n\t\n\t\n$\n2,188\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n9,548\n\t\n\t\n$\n9,548\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n\u2014\n\t\nU.S.\tgovernment\tsecurities\n\t\n\t\n894\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n894\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\nCorporate\tdebt\tsecurities\n\t\n\t\n885\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n885\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n131\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n131\n\t\n\t\n\t\n\u2014\n\t\nCertificates\tof\tdeposit\tand\ttime\n\t\ndeposits\n\t\n\t\n4,253\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n4,253\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\nInterest\trate\tswap\tliabilities\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n31\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n31\n\t\n\t\n\t\n\u2014\n\t\nTotal\n\t\n$\n8,220\n\t\n\t\n$\n2,188\n\t\n\t\n$\n6,032\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n9,710\n\t\n\t\n$\n9,548\n\t\n\t\n$\n162\n\t\n\t\n$\n\u2014"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51624-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 67, "chroma:document": "$\n162\n\t\n\t\n$\n\u2014\n\t\n\t\nAll\tof\tour\tmoney\tmarket\tfunds\twere\tclassified\twithin\tLevel\tI\tof\tthe\tfair\tvalue\thierarchy\tbecause\tthey\twere\tvalued\tusing\tquoted\tprices\tin\tactive\n\t\nmarkets.\tOur\tU.S.\tgovernment\tsecurities,\tcertificates\tof\tdeposit,\ttime\tdeposits\tand\tcorporate\tdebt\tsecurities\tare\tclassified\twithin\tLevel\tII\tof\tthe\tfair\n\t\nvalue\thierarchy\tand\tthe\tmarket\tapproach\twas\tused\tto\tdetermine\tfair\tvalue\tof\tthese\tinvestments.\tOur\tinterest\trate\tswaps\twere\tclassified\twithin\tLevel\tII\n\t\nof\tthe\tfair\tvalue\thierarchy\tbecause\tthey\twere\tvalued\tusing\talternative\tpricing\tsources\tor\tmodels\tthat\tutilized\tmarket\tobservable\tinputs,\tincluding\n\t\ncurrent\tand\tforward\tinterest\trates.\n\t\n68"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5167e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 68, "chroma:document": "Our\tcash,\tcash\tequivalents\tand\tinvestments\tclassified\tby\tsecurity\ttype\tas\tof\t\nDecember\t31,\t2022\tand\t2021\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\t2022\n\t\n\t\n\t\nAdjusted\tCost\n\t\n\t\nGross\n\t\nUnrealized\n\t\nGains\n\t\n\t\nGross\n\t\nUnrealized\n\t\nLosses\n\t\n\t\nFair\tValue\n\t\n\t\nCash\tand\tCash\n\t\nEquivalents\n\t\n\t\nShort-Term\n\t\nInvestments\n\t\nCash\n\t\n$\n13,965\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n13,965\n\t\n\t\n$\n13,965\n\t\n\t\n$\n\u2014\n\t\nMoney\tmarket\tfunds\n\t\n\t\n2,188\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n2,188\n\t\n\t\n\t\n2,188\n\t\n\t\n\t\n\u2014\n\t\nU.S.\tgovernment\tsecurities\n\t\n\t\n897\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n3\n)\n\t\n\t\n894\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n894\n\t\nCorporate\tdebt\tsecurities\n\t\n\t\n907\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n22\n)\n\t\n\t\n885\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n885\n\t\nCertificates\tof\tdeposit\tand\ttime\tdeposits\n\t\n\t\n4,252\n\t\n\t\n\t\n1\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n4,253\n\t\n\t\n\t\n100\n\t\n\t\n\t\n4,153\n\t\nTotal\tcash,\tcash\tequivalents\tand\tshort-\nterm\tinvestments\n\t\n$\n22,209\n\t\n\t\n$\n1\n\t\n\t\n$\n(\n25\n)\n\t\n$\n22,185\n\t\n\t\n$\n16,253"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d516e2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 68, "chroma:document": "$\n16,253\n\t\n\t\n$\n5,932\n\t\n\t\n\t\t\n\t\nDecember\t31,\t2021\n\t\n\t\n\t\t\nAdjusted\tCost\n\t\n\t\nGross\n\t\nUnrealized\n\t\nGains\n\t\n\t\nGross\n\t\nUnrealized\n\t\nLosses\n\t\n\t\nFair\tValue\n\t\n\t\nCash\tand\tCash\n\t\nEquivalents\n\t\n\t\nShort-Term\n\t\nInvestments\n\t\nCash\n\t\n$\n8,028\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n8,028\n\t\n\t\n$\n8,028\n\t\n\t\n$\n\u2014\n\t\nMoney\tmarket\tfunds\n\t\n\t\n9,548\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n9,548\n\t\n\t\n\t\n9,548\n\t\n\t\n\t\n\u2014\n\t\nCorporate\tdebt\tsecurities\n\t\n\t\n132\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n1\n)\n\t\n\t\n131\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n131\n\t\nTotal\tcash,\tcash\tequivalents\tand\tshort-\nterm\tinvestments\n\t\n$\n17,708\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n(\n1\n)\n\t\n$\n17,707\n\t\n\t\n$\n17,576\n\t\n\t\n$\n131\n\t\n\t\nWe\trecord\tgross\trealized\tgains,\tlosses\tand\tcredit\tlosses\tas\ta\tcomponent\tof\tOther\t(expense)\tincome,\tnet\tin\tthe\tconsolidated\tstatements\tof\n\t\noperations.\tFor\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\twe\tdid\tnot\trecognize\tany\tmaterial\tgross\trealized\tgains,\tlosses\tor\tcredit\tlosses.\tThe"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5173c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 68, "chroma:document": "ending\tallowance\tbalances\tfor\tcredit\tlosses\twere\timmaterial\tas\tof\tDecember\t31,\t2022\tand\tDecember\t31,\t2021.\tWe\thave\tdetermined\tthat\tthe\tgross\n\t\nunrealized\tlosses\ton\tour\tinvestments\tas\tof\tDecember\t31,\t2022\tand\tDecember\t31,\t2021\twere\ttemporary\tin\tnature.\nThe\tfollowing\ttable\tsummarizes\tthe\tfair\tvalue\tof\tour\tinvestments\tby\tstated\tcontractual\tmaturities\tas\tof\t\nDecember\t31,\t2022\t(in\tmillions):\n\t\nDue\tin\t1\tyear\tor\tless\n\t\n$\n5,135\n\t\nDue\tin\t1\tyear\tthrough\t5\tyears\n\t\t\n\t\n636\n\t\nDue\tin\t5\tyears\tthrough\t10\tyears\n\t\t\n\t\n161\n\t\nTotal\n\t\n$\n5,932\n\t\nDisclosure\tof\tFair\tValues\nOur\tfinancial\tinstruments\tthat\tare\tnot\tre-measured\tat\tfair\tvalue\tinclude\taccounts\treceivable,\tfinancing\treceivables,\taccounts\tpayable,\taccrued\n\t\nliabilities,\tcustomer\tdeposits\tand\tdebt.\tThe\tcarrying\tvalues\tof\tthese\tfinancial\tinstruments\tapproximate\ttheir\tfair\tvalues,\tother\tthan\tour\t\n2.375\n%\n\t\nConvertible\tSenior\tNotes\tdue\tin\t\n2022\n\t(\u201c2022\tNotes\u201d)\tand\t\n2.00\n%\tConvertible\tSenior\tNotes\tdue\tin\t\n2024\n\t(\u201c2024\tNotes\u201d)\t(collectively\treferred\tto\tas\n\t\n\u201cConvertible\tSenior\tNotes\u201d\tbelow).\n\t\nWe\testimate\tthe\tfair\tvalue\tof\tthe\tConvertible\tSenior\tNotes\tusing\tcommonly\taccepted\tvaluation\tmethodologies\tand\tmarket-based\trisk\n\t\nmeasurements\tthat\tare\tindirectly\tobservable,\tsuch\tas\tcredit\trisk\t(Level\tII).\t\nThe\tfollowing\ttable\tpresents\tthe\testimated\tfair\tvalues\tand\tthe\tcarrying\n\t\nvalues\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\t2022\n\t\n\t\nDecember\t31,\t2021"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51796-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 68, "chroma:document": "December\t31,\t2021\n\t\n\t\n\t\nCarrying\tValue\n\t\n\t\nFair\tValue\n\t\n\t\nCarrying\n\t\nValue\n\t\n\t\nFair\tValue\n\t\nConvertible\tSenior\tNotes\t(1)\n\t\n$\n37\n\t\n\t\n$\n223\n\t\n\t\n$\n119\n\t\n\t\n$\n2,016\n\t\n\t\n(1)\nThe\t2022\tNotes\twere\tfully\tsettled\tin\tthe\tfirst\tquarter\tof\t2022.\n\t\n69"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d517f0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 69, "chroma:document": "Note\t6\t\u2013\tInventory\nOur\tinventory\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\t\n\t\t\n\t\nDecember\t31,\n\t\n\t\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\t\n2021\n\t\nRaw\tmaterials\n\t\n$\n6,137\n\t\n\t\n$\n2,816\n\t\nWork\tin\tprocess\n\t\n\t\n2,385\n\t\n\t\t\n\t\n1,089\n\t\nFinished\tgoods\t(1)\n\t\n\t\n3,475\n\t\n\t\t\n\t\n1,277\n\t\nService\tparts\n\t\n\t\n842\n\t\n\t\t\n\t\n575\n\t\nTotal\n\t\n$\n12,839\n\t\n\t\n$\n5,757\n\t\n\t\n(1)\nFinished\tgoods\tinventory\tincludes\tvehicles\tin\ttransit\tto\tfulfill\tcustomer\torders,\tnew\tvehicles\tavailable\tfor\tsale,\tused\tvehicles\tand\tenergy\tproducts\n\t\navailable\tfor\tsale.\nFor\tsolar\tenergy\tsystems,\twe\tcommence\ttransferring\tcomponent\tparts\tfrom\tinventory\tto\tconstruction\tin\tprogress,\ta\tcomponent\tof\tsolar\tenergy\n\t\nsystems,\tonce\ta\tlease\tor\tPPA\tcontract\twith\ta\tcustomer\thas\tbeen\texecuted\tand\tinstallation\thas\tbeen\tinitiated.\tAdditional\tcosts\tincurred\ton\tthe\tleased\n\t\nsolar\tenergy\tsystems,\tincluding\tlabor\tand\toverhead,\tare\trecorded\twithin\tsolar\tenergy\tsystems\tunder\tconstruction.\nWe\twrite-down\tinventory\tfor\tany\texcess\tor\tobsolete\tinventories\tor\twhen\twe\tbelieve\tthat\tthe\tnet\trealizable\tvalue\tof\tinventories\tis\tless\tthan\tthe\n\t\ncarrying\tvalue.\tDuring\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020\twe\trecorded\twrite-downs\tof\t\n$\n144\n\tmillion,\t\n$\n106\n\tmillion\tand\t$\n145\n\tmillion,\n\t\nrespectively,\tin\tCost\tof\trevenues\tin\tthe\tconsolidated\tstatements\tof\toperations.\nNote\t7\t\u2013\tSolar\tEnergy\tSystems,\tNet"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51854-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 69, "chroma:document": "Note\t7\t\u2013\tSolar\tEnergy\tSystems,\tNet\nOur\tsolar\tenergy\tsystems,\tnet,\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nSolar\tenergy\tsystems\tin\tservice\n\t\n$\n6,785\n\t\n\t\n$\n6,809\n\t\nInitial\tdirect\tcosts\trelated\tto\tcustomer\tsolar\tenergy\n\t\t\tsystem\tlease\tacquisition\tcosts\n\t\t\n\t\n104\n\t\n\t\n\t\n104\n\t\n\t\n\t\t\n\t\n6,889\n\t\n\t\n\t\n6,913\n\t\nLess:\taccumulated\tdepreciation\tand\tamortization\t(1)\n\t\t\n\t\n(\n1,418\n)\n\t\n\t\n(\n1,187\n)\n\t\n\t\t\n\t\n5,471\n\t\n\t\n\t\n5,726\n\t\nSolar\tenergy\tsystems\tunder\tconstruction\n\t\n\t\n2\n\t\n\t\n\t\n18\n\t\nSolar\tenergy\tsystems\tpending\tinterconnection\n\t\n\t\n16\n\t\n\t\n\t\n21\n\t\nSolar\tenergy\tsystems,\tnet\t(2)\n\t\n$\n5,489\n\t\n\t\n$\n5,765\n\t\n(1)\nDepreciation\tand\tamortization\texpense\tduring\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020\twas\t$\n235\n\tmillion,\t$\n236\n\tmillion\tand\t$\n232\n\t\nmillion,\trespectively.\n(2)\nAs\tof\tDecember\t31,\t2022\tand\t2021,\tthere\twere\t$\n802\n\tmillion\tand\t$\n1.02\n\tbillion,\trespectively,\tof\tgross\tsolar\tenergy\tsystems\tunder\tlease\tpass-\nthrough\tfund\tarrangements\twith\taccumulated\tdepreciation\tof\t$\n148\n\tmillion\tand\t$\n165\n\tmillion,\trespectively.\nNote\t8\t\u2013\tProperty,\tPlant\tand\tEquipment,\tNet"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d518ae-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 69, "chroma:document": "Our\tproperty,\tplant\tand\tequipment,\tnet,\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nMachinery,\tequipment,\tvehicles\tand\toffice\tfurniture\n\t\n$\n13,558\n\t\n\t\n$\n9,953\n\t\nTooling\n\t\n\t\n2,579\n\t\n\t\n\t\n2,188\n\t\nLeasehold\timprovements\n\t\n\t\n2,366\n\t\n\t\n\t\n1,826\n\t\nLand\tand\tbuildings\n\t\n\t\n7,751\n\t\n\t\n\t\n4,675\n\t\nComputer\tequipment,\thardware\tand\tsoftware\n\t\n\t\n2,072\n\t\n\t\n\t\n1,414\n\t\nConstruction\tin\tprogress\n\t\n\t\n4,263\n\t\n\t\n\t\n5,559\n\t\n\t\n\t\n\t\n32,589\n\t\n\t\n\t\n25,615\n\t\nLess:\tAccumulated\tdepreciation\n\t\n\t\n(\n9,041\n)\n\t\n\t\n(\n6,731\n)\nTotal\n\t\n$\n23,548\n\t\n\t\n$\n18,884\n\t\n\t\n70"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51912-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 70, "chroma:document": "Construction\tin\tprogress\tis\tprimarily\tcomprised\tof\tconstruction\tof\tGigafactory\tTexas\tand\tGigafactory\tBerlin-Brandenburg,\tand\tequipment\tand\n\t\ntooling\trelated\tto\tthe\tmanufacturing\tof\tour\tproducts.\tCompleted\tassets\tare\ttransferred\tto\ttheir\trespective\tasset\tclasses\tand\tdepreciation\tbegins\twhen\n\t\nan\tasset\tis\tready\tfor\tits\tintended\tuse.\tInterest\ton\toutstanding\tdebt\tis\tcapitalized\tduring\tperiods\tof\tsignificant\tcapital\tasset\tconstruction\tand\tamortized\n\t\nover\tthe\tuseful\tlives\tof\tthe\trelated\tassets.\tDuring\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\twe\tcapitalized\tinterest\tof\tan\timmaterial\tamount,\n\t\n$\n53\n\tmillion\n\tand\t$\n48\n\tmillion,\trespectively.\nDepreciation\texpense\tduring\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020\twas\t\n$\n2.42\n\tbillion,\t\n$\n1.91\n\tbillion\tand\t\n$\n1.57\n\tbillion,\trespectively.\nPanasonic\thas\tpartnered\twith\tus\ton\tGigafactory\tNevada\twith\tinvestments\tin\tthe\tproduction\tequipment\tthat\tit\tuses\tto\tmanufacture\tand\tsupply\tus\n\t\nwith\tbattery\tcells.\tUnder\tour\tarrangement\twith\tPanasonic,\twe\tplan\tto\tpurchase\tthe\tfull\toutput\tfrom\ttheir\tproduction\tequipment\tat\tnegotiated\tprices.\tAs\n\t\nthe\tterms\tof\tthe\tarrangement\tconvey\ta\tfinance\tlease\tunder\tASC\t842,\twe\taccount\tfor\ttheir\tproduction\tequipment\tas\tleased\tassets\twhen\tproduction\n\t\ncommences.\tWe\taccount\tfor\teach\tlease\tand\tany\tnon-lease\tcomponents\tassociated\twith\tthat\tlease\tas\ta\tsingle\tlease\tcomponent\tfor\tall\tasset\tclasses,\n\t\nexcept\tproduction\tequipment\tclasses\tembedded\tin\tsupply\tagreements.\tThis\tresults\tin\tus\trecording\tthe\tcost\tof\ttheir\tproduction\tequipment\twithin"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5196c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 70, "chroma:document": "Property,\tplant\tand\tequipment,\tnet,\ton\tthe\tconsolidated\tbalance\tsheets\twith\ta\tcorresponding\tliability\trecorded\tto\tdebt\tand\tfinance\tleases.\tDepreciation\n\t\non\tPanasonic\tproduction\tequipment\tis\tcomputed\tusing\tthe\tunits-of-production\tmethod\twhereby\tcapitalized\tcosts\tare\tamortized\tover\tthe\ttotal\testimated\n\t\nproductive\tlife\tof\tthe\trespective\tassets.\tAs\tof\tDecember\t31,\t2022\tand\t2021,\twe\thad\tcumulatively\tcapitalized\tgross\tcosts\tof\t\n$\n2.01\n\tbillion\tand\t\n$\n1.98\n\t\nbillion\n,\trespectively,\ton\tthe\tconsolidated\tbalance\tsheets\tin\trelation\tto\tthe\tproduction\tequipment\tunder\tour\tPanasonic\tarrangement.\n\t\nNote\t9\t\u2013\tAccrued\tLiabilities\tand\tOther\n\t\nOur\taccrued\tliabilities\tand\tother\tcurrent\tliabilities\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nAccrued\tpurchases\t(1)\n\t\n$\n2,747\n\t\n\t\n$\n2,045\n\t\nTaxes\tpayable\t(2)\n\t\n\t\n1,235\n\t\n\t\n\t\n1,122\n\t\nPayroll\tand\trelated\tcosts\n\t\n\t\n1,026\n\t\n\t\n\t\n906\n\t\nAccrued\twarranty\treserve,\tcurrent\tportion\n\t\n\t\n1,025\n\t\n\t\n\t\n703\n\t\nSales\treturn\treserve,\tcurrent\tportion\n\t\n\t\n270\n\t\n\t\n\t\n265\n\t\nOperating\tlease\tliabilities,\tcurrent\tportion\n\t\n\t\n485\n\t\n\t\n\t\n368\n\t\nOther\tcurrent\tliabilities\n\t\n\t\n354\n\t\n\t\n\t\n310\n\t\nTotal\n\t\n$\n7,142\n\t\n\t\n$\n5,719\n\t\n\t\n(1)"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d519f8-f41d-11ee-a3fb-0242ac1c000c
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 70, "chroma:document": "$\n5,719\n\t\n\t\n(1)\nAccrued\tpurchases\tprimarily\treflects\treceipts\tof\tgoods\tand\tservices\tfor\twhich\twe\thad\tnot\tyet\tbeen\tinvoiced.\tAs\twe\tare\tinvoiced\tfor\tthese\tgoods\n\t\nand\tservices,\tthis\tbalance\twill\treduce\tand\taccounts\tpayable\twill\tincrease.\tFor\tthe\tyear\tended\tDecember\t31,\t2022,\taccrued\tpurchases\tincreased\n\t\nas\twe\tcontinued\tconstruction\tand\texpansion\tof\tour\tfacilities\tand\toperations.\n(2)\nTaxes\tpayable\tincludes\tvalue\tadded\ttax,\tsales\ttax,\tproperty\ttax,\tuse\ttax\tand\tincome\ttax\tpayables.\n\t\nNote\t10\t\u2013\tOther\tLong-Term\tLiabilities\n\t\nOur\tother\tlong-term\tliabilities\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nOperating\tlease\tliabilities\n\t\n$\n2,164\n\t\n\t\n$\n1,671\n\t\nAccrued\twarranty\treserve\n\t\n\t\n2,480\n\t\n\t\n\t\n1,398\n\t\nSales\treturn\treserve\n\t\n\t\n51\n\t\n\t\n\t\n133\n\t\nDeferred\ttax\tliability\n\t\n\t\n82\n\t\n\t\n\t\n24\n\t\nOther\tnon-current\tliabilities\n\t\n\t\n553\n\t\n\t\n\t\n320\n\t\nTotal\tother\tlong-term\tliabilities\n\t\n$\n5,330\n\t\n\t\n$\n3,546\n\t\n\t\n71"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 71, "chroma:document": "Note\t11\t\u2013\tDebt\n\t\nThe\tfollowing\tis\ta\tsummary\tof\tour\tdebt\tand\tfinance\tleases\tas\tof\t\nDecember\t31,\t2022\t(in\tmillions):\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nUnpaid\n\t\n\t\n\t\nUnused\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nNet\tCarrying\tValue\n\t\n\t\n\t\nPrincipal\n\t\n\t\n\t\nCommitted\n\t\n\t\n\t\nContractual\n\t\nContractual\n\t\n\t\nCurrent\n\t\n\t\n\t\nLong-Term\n\t\n\t\n\t\nBalance\n\t\n\t\n\t\nAmount\t(1)\n\t\n\t\n\t\nInterest\tRates\n\t\nMaturity\tDate\nRecourse\tdebt:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n2024\tNotes\n\t\n$\n\t\n\u2014\n\t\n\t\n\t\n$\n\t\n37\n\t\n\t\n\t\n$\n\t\n37\n\t\n\t\n\t\n$\n\t\n\u2014\n\t\n\t\n\t\n2.00\n%\n\t\nMay\t2024\nCredit\tAgreement\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n2,266\n\t\n\t\n\t\nNot\tapplicable\n\t\nJuly\t2023\nSolar\tBonds\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n7\n\t\n\t\n\t\n\t\n\t\n7\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n4.70\n-\n5.75\n%\n\t\nMarch\t2025\n\t-\t\nJanuary\t2031\nTotal\trecourse\tdebt\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\t\n\t\n44\n\t\n\t\n\t\n\t\n\t\n44\n\t\n\t\n\t\n\t\n\t\n2,266"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 71, "chroma:document": "2,266\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\nNon-recourse\tdebt:\n\t\n\t\n\t\t\t\t\n\t\n\t\n\t\n\t\t\n\t\t\t\t\n\t\n\t\n\t\n\t\n\t\t\t\t\n\t\n\t\n\t\n\t\n\t\t\t\t\n\t\n\t\n\t\n\t\t\n\t\n\t\t\n\t\nAutomotive\tAsset-backed\tNotes\n\t\n\t\n\t\n984\n\t\n\t\n\t\n\t\n\t\n613\n\t\n\t\n\t\n\t\n\t\n1,603\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n0.36\n-\n4.64\n%\n\t\nDecember\t2023\n-\nSeptember\t2025\nSolar\tAsset-backed\tNotes\n\t\n\t\n\t\n4\n\t\n\t\n\t\n\t\n\t\n13\n\t\n\t\n\t\n\t\n\t\n17\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n4.80\n%\n\t\nDecember\t2026\nCash\tEquity\tDebt\n\t\n\t\n\t\n28\n\t\n\t\n\t\n\t\n\t\n359\n\t\n\t\n\t\n\t\n\t\n397\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n5.25\n-\n5.81\n%\n\t\nJuly\t2033\n-\nJanuary\t2035\nAutomotive\tLease-backed\tCredit\tFacilities\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n151\n\t\n\t\n\t\nNot\tapplicable\n\t\nSeptember\t2024\nTotal\tnon-recourse\tdebt\n\t\n\t\n\t\n1,016\n\t\n\t\n\t\n\t\n\t\n985\n\t\n\t\n\t\n\t\n\t\n2,017\n\t\n\t\n\t\n\t\t\n\t\n151\n\t\n\t\n\t\n\t\t\n\t\n\t\t\n\t\t\nTotal\tdebt\n\t\n\t\n\t\n1,016\n\t\n\t\n\t\n\t\n\t\n1,029\n\t\n\t\n\t\n$\n\t\n2,061"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 71, "chroma:document": "$\n\t\n2,061\n\t\n\t\n\t\n$\n\t\n2,417\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nFinance\tleases\n\t\n\t\n\t\n486\n\t\n\t\n\t\n\t\n\t\n568\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nTotal\tdebt\tand\tfinance\tleases\n\t\n$\n\t\n1,502\n\t\n\t\n\t\n$\n\t\n1,597\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nThe\tfollowing\tis\ta\tsummary\tof\tour\tdebt\tand\tfinance\tleases\tas\tof\tDecember\t31,\t2021\t(in\tmillions):\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nUnpaid\n\t\n\t\n\t\nUnused\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nNet\tCarrying\tValue\n\t\n\t\n\t\nPrincipal\n\t\n\t\n\t\nCommitted\n\t\n\t\n\t\nContractual\n\t\nContractual\n\t\n\t\nCurrent\n\t\n\t\n\t\nLong-Term\n\t\n\t\n\t\nBalance\n\t\n\t\n\t\nAmount\t(1)\n\t\n\t\n\t\nInterest\tRates\n\t\nMaturity\tDate\nRecourse\tdebt:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n2022\tNotes\n\t\n$\n\t\n29\n\t\n\t\n\t\n$\n\t\n\u2014\n\t\n\t\n\t\n$\n\t\n29\n\t\n\t\n\t\n$\n\t\n\u2014\n\t\n\t\n\t\n2.375\n%\n\t\nMarch\t2022\n2024\tNotes\n\t\n\t\n\t\n1\n\t\n\t\n\t\n\t\n\t\n89\n\t\n\t\n\t\n\t\n\t\n91\n\t\n\t\n\t\n\t\n\t\n\u2014"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 71, "chroma:document": "91\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n2.00\n%\n\t\nMay\t2024\nCredit\tAgreement\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n1,250\n\t\n\t\n\t\n\t\n\t\n1,250\n\t\n\t\n\t\n\t\n\t\n920\n\t\n\t\n\t\n3.25\n%\n\t\nJuly\t2023\nSolar\tBonds\n\t\n\t\n0\n\t\n\t\n\t\n\t\n\t\n7\n\t\n\t\n\t\n\t\n\t\n7\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n4.00\n-\n5.75\n%\n\t\nJanuary\t2022\n-\nJanuary\t2031\nTotal\trecourse\tdebt\n\t\n\t\n\t\n30\n\t\n\t\n\t\n\t\n\t\n1,346\n\t\n\t\n\t\n\t\n\t\n1,377\n\t\n\t\n\t\n\t\n\t\n920\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nNon-recourse\tdebt:\n\t\n\t\n\t\t\t\t\n\t\n\t\n\t\n\t\n\t\t\t\t\n\t\n\t\n\t\n\t\n\t\t\t\t\n\t\n\t\n\t\n\t\n\t\t\t\t\n\t\n\t\n\t\n\t\t\n\t\n\t\n\t\n\t\nAutomotive\tAsset-backed\tNotes\n\t\n\t\n\t\n1,007\n\t\n\t\n\t\n\t\n\t\n1,706\n\t\n\t\n\t\n\t\n\t\n2,723\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n0.12\n-\n5.48\n%\n\t\nSeptember\t2022\n-\nSeptember\t2025\nSolar\tAsset\tand\tLoan-backed\tNotes\n\t\n\t\n\t\n27\n\t\n\t\n\t\n\t\n\t\n800\n\t\n\t\n\t\n\t\n\t\n844\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n2.87\n-\n7.74\n%\n\t\nSeptember\t2024\n-\nSeptember\t2049\nCash\tEquity\tDebt\n\t\n\t\n\t\n24"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51bd8-f41d-11ee-a3fb-0242ac1c000c
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 71, "chroma:document": "24\n\t\n\t\n\t\n\t\n\t\n388\n\t\n\t\n\t\n\t\n\t\n422\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n5.25\n-\n5.81\n%\n\t\nJuly\t2033\n-\nJanuary\t2035\nAutomotive\tLease-backed\tCredit\tFacilities\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n167\n\t\n\t\n\t\nNot\tapplicable\n\t\nSeptember\t2023\nOther\tLoans\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\t\n\t\n14\n\t\n\t\n\t\n\t\n\t\n14\n\t\n\t\n\t\n\t\n\t\n21\n\t\n\t\n\t\n5.10\n%\n\t\nFebruary\t2033\nTotal\tnon-recourse\tdebt\n\t\n\t\n\t\n1,058\n\t\n\t\n\t\n\t\n\t\n2,908\n\t\n\t\n\t\n\t\n\t\n4,003\n\t\n\t\n\t\n\t\n\t\n188\n\t\n\t\n\t\n\t\t\n\t\n\t\n\t\n\t\t\nTotal\tdebt\n\t\n\t\n\t\n1,088\n\t\n\t\n\t\n\t\n\t\n4,254\n\t\n\t\n\t\n$\n\t\n5,380\n\t\n\t\n\t\n$\n\t\n1,108\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nFinance\tleases\n\t\n\t\n\t\n501\n\t\n\t\n\t\n\t\n\t\n991\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nTotal\tdebt\tand\tfinance\tleases\n\t\n$\n\t\n1,589\n\t\n\t\n\t\n$\n\t\n5,245\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n(1)"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51c64-f41d-11ee-a3fb-0242ac1c000c
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 71, "chroma:document": "(1)\nThere\tare\tno\trestrictions\ton\tdraw-down\tor\tuse\tfor\tgeneral\tcorporate\tpurposes\twith\trespect\tto\tany\tavailable\tcommitted\tfunds\tunder\tour\tcredit\n\t\nfacilities,\texcept\tcertain\tspecified\tconditions\tprior\tto\tdraw-down,\tincluding\tpledging\tto\tour\tlenders\tsufficient\tamounts\tof\tqualified\treceivables,\n\t\ninventories,\tleased\tvehicles\tand\tour\tinterests\tin\tthose\tleases\tor\tvarious\tother\tassets\tand\tas\tmay\tbe\tdescribed\tbelow.\nRecourse\tdebt\trefers\tto\tdebt\tthat\tis\trecourse\tto\tour\tgeneral\tassets.\tNon-recourse\tdebt\trefers\tto\tdebt\tthat\tis\trecourse\tto\tonly\tassets\tof\tour\n\t\nsubsidiaries.\tThe\tdifferences\tbetween\tthe\tunpaid\tprincipal\tbalances\tand\tthe\tnet\tcarrying\tvalues\tare\tdue\tto\tdebt\tdiscounts\tor\tdeferred\tfinancing\tcosts.\n\t\nAs\tof\tDecember\t31,\t2022,\twe\twere\tin\tmaterial\tcompliance\twith\tall\tfinancial\tdebt\tcovenants.\n2022\tNotes,\tBond\tHedges\tand\tWarrant\tTransactions\nDuring\tthe\tfirst\tquarter\tof\t2022,\tthe\tremaining\t$\n29\n\tmillion\tin\taggregate\tprincipal\tamount\tof\tthe\t2022\tNotes\twas\tconverted\tand\tsettled\tin\tcash\n\t\nfor\ttheir\tpar\tamount,\tand\t\n1.2\n\tmillion\tshares\tof\tour\tcommon\tstock\twere\tissued\tfor\tthe\tapplicable\tconversion\tpremium,\tas\tadjusted\tto\tgive\teffect\tto\tthe\n\t\n2022\tStock\tSplit.\tThe\tnote\thedges\twe\tentered\tinto\tin\tconnection\twith\tthe\tissuance\tof\tthe\t2022\tNotes\twere\tautomatically\tsettled\twith\tthe\trespective\n\t\nconversions\tof\tthe\t2022\tNotes,\tresulting\tin\tthe\treceipt\tof\t\n1.2\n\tmillion\tshares\tof\tour\tcommon\tstock\tduring\tthe\tsame\tperiod,\tas\tadjusted\tto\tgive\teffect\tto"}


created_at: 2024-04-06 13:59:07
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id: c5d51cc8-f41d-11ee-a3fb-0242ac1c000c
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created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 72, "chroma:document": "As\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit,\teach\t$\n1,000\n\tof\tprincipal\tof\tthe\t2024\tNotes\tis\tnow\tconvertible\tinto\t\n48.4140\n\tshares\tof\tour\n\t\ncommon\tstock,\twhich\tis\tequivalent\tto\ta\tconversion\tprice\tof\tapproximately\t$\n20.66\n\tper\tshare,\tsubject\tto\tadjustment\tupon\tthe\toccurrence\tof\tspecified\n\t\nevents.\tHolders\tof\tthe\t2024\tNotes\tmay\tconvert,\tat\ttheir\toption,\ton\tor\tafter\tFebruary\t15,\t2024.\tFurther,\tholders\tof\tthe\t2024\tNotes\tmay\tconvert,\tat\ttheir\n\t\noption,\tprior\tto\tFebruary\t15,\t2024\tonly\tunder\tthe\tfollowing\tcircumstances:\t(1)\tduring\tany\tcalendar\tquarter\tcommencing\tafter\tSeptember\t30,\t2019\t(and\n\t\nonly\tduring\tsuch\tcalendar\tquarter),\tif\tthe\tlast\treported\tsale\tprice\tof\tour\tcommon\tstock\tfor\tat\tleast\t\n20\n\ttrading\tdays\t(whether\tor\tnot\tconsecutive)\tduring\ta\n\t\nperiod\tof\t\n30\n\tconsecutive\ttrading\tdays\tending\ton\tthe\tlast\ttrading\tday\tof\timmediately\tpreceding\tcalendar\tquarter\tis\tgreater\tthan\tor\tequal\tto\t\n130\n%\tof\tthe\n\t\nconversion\tprice\ton\teach\ttrading\tday;\t(2)\tduring\tthe\t\nfive\n-business\tday\tperiod\tafter\tany\tfive-consecutive\ttrading\tday\tperiod\tin\twhich\tthe\ttrading\tprice\tper\n\t\n$1,000\tprincipal\tamount\tof\tthe\t2024\tNotes\tfor\teach\ttrading\tday\tof\tsuch\tperiod\tis\tless\tthan\t\n98\n%\tof\tthe\tproduct\tof\tthe\tlast\treported\tsale\tprice\tof\tour\n\t\ncommon\tstock\tand\tthe\tconversion\trate\ton\teach\tsuch\ttrading\tday,\tor\t(3)\tif\tspecified\tcorporate\tevents\toccur.\tUpon\tconversion,\tthe\t2024\tNotes\twill\tbe"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51d86-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 72, "chroma:document": "settled\tin\tcash,\tshares\tof\tour\tcommon\tstock\tor\ta\tcombination\tthereof,\tat\tour\telection.\tIf\ta\tfundamental\tchange\toccurs\tprior\tto\tthe\tmaturity\tdate,\tholders\n\t\nof\tthe\t2024\tNotes\tmay\trequire\tus\tto\trepurchase\tall\tor\ta\tportion\tof\ttheir\t2024\tNotes\tfor\tcash\tat\ta\trepurchase\tprice\tequal\tto\t\n100\n%\tof\tthe\tprincipal\n\t\namount\tplus\tany\taccrued\tand\tunpaid\tinterest.\tIn\taddition,\tif\tspecific\tcorporate\tevents\toccur\tprior\tto\tthe\tmaturity\tdate,\twe\twould\tincrease\tthe\n\t\nconversion\trate\tfor\ta\tholder\twho\telects\tto\tconvert\tits\t2024\tNotes\tin\tconnection\twith\tsuch\tan\tevent\tin\tcertain\tcircumstances.\tEarly\tconversion\tof\tnotes\n\t\nwhich\tare\tscheduled\tto\tsettle\tin\tthe\tfollowing\tquarter\tare\tclassified\tas\tcurrent\tin\tour\tconsolidated\tbalance\tsheets.\nIn\tconnection\twith\tthe\toffering\tof\tthe\t2024\tNotes,\twe\tentered\tinto\tconvertible\tnote\thedge\ttransactions\twhereby\twe\thad\tthe\toption\tto\tpurchase\n\t\n89.1\n\tmillion\tshares\tof\tour\tcommon\tstock\tat\ta\tprice\tof\tapproximately\t$\n20.66\n\tper\tshare,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tThe\tcost\tof\tthe\n\t\nconvertible\tnote\thedge\ttransactions\twas\t$\n476\n\tmillion.\tIn\taddition,\twe\tsold\twarrants\twhereby\tthe\tholders\tof\tthe\twarrants\thad\tthe\toption\tto\tpurchase\n\t\n89.1\n\tmillion\tshares\tof\tour\tcommon\tstock\tat\ta\tprice\tof\tapproximately\t$\n40.50\n\tper\tshare,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tWe\treceived\n\t\n$\n174\n\tmillion\tin\tcash\tproceeds\tfrom\tthe\tsale\tof\tthese\twarrants.\tTaken\ttogether,\tthe\tpurchase\tof\tthe\tconvertible\tnote\thedges\tand\tthe\tsale\tof\tthe\twarrants\n\t\nwere\tintended\tto\teffectively\tincrease\tthe\toverall\tconversion\tprice\tfrom\tapproximately\t$\n20.66"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51de0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 72, "chroma:document": "20.66\n\tto\tapproximately\t$\n40.50\n\tper\tshare.\tAs\tthese\ttransactions\n\t\nmeet\tcertain\taccounting\tcriteria,\tthe\tconvertible\tnote\thedges\tand\twarrants\twere\trecorded\tin\tstockholders\u2019\tequity\tand\twere\tnot\taccounted\tfor\tas\n\t\nderivatives.\tThe\tnet\tcost\tincurred\tin\tconnection\twith\tthe\tconvertible\tnote\thedge\tand\twarrant\ttransactions\twas\trecorded\tas\ta\treduction\tto\tadditional\n\t\npaid-in\tcapital\ton\tthe\tconsolidated\tbalance\tsheet.\n\t\nThe\tclosing\tprice\tof\tour\tcommon\tstock\texceeded\t130%\tof\tthe\tapplicable\tconversion\tprice\ton\tat\tleast\t20\tof\tthe\tlast\t30\tconsecutive\ttrading\tdays\tof\n\t\neach\tquarter\tin\t2022,\tcausing\tthe\t2024\tNotes\tto\tbe\tconvertible\tby\ttheir\tholders\tin\tthe\tsubsequent\tquarter.\t\nDuring\tthe\tyear\tended\tDecember\t31,\t2022,\n\t\n$\n54\n\tmillion\tin\taggregate\tprincipal\tamount\tof\tthe\t2024\tNotes\twas\tconverted\tand\tsettled\tin\tcash\tfor\ttheir\tpar\tamount,\tand\t\n2.4\n\tmillion\tshares\tof\tour\n\t\ncommon\tstock\twere\tissued\tfor\tthe\tapplicable\tconversion\tpremium,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tThe\tnote\thedges\twe\tentered\tinto\tin\n\t\nconnection\twith\tthe\tissuance\tof\tthe\t2024\tNotes\twere\tautomatically\tsettled\twith\tthe\trespective\tconversions\tof\tthe\t2024\tNotes,\tresulting\tin\tthe\treceipt\tof\n\t\n2.4\n\tmillion\tshares\tof\tour\tcommon\tstock\tduring\tthe\tsame\tperiod,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit\n.\t\nAs\tof\tDecember\t31,\t2022,\tthe\tif-\nconverted\tvalue\tof\tthe\tnotes\texceeds\tthe\toutstanding\tprincipal\tamount\tby\t$\n186\n\tmillion.\nCredit\tAgreement"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51e3a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 72, "chroma:document": "186\n\tmillion.\nCredit\tAgreement\nIn\tJune\t2015,\twe\tentered\tinto\ta\tsenior\tasset-based\trevolving\tcredit\tagreement\t(as\tamended\tfrom\ttime\tto\ttime,\tthe\t\u201cCredit\tAgreement\u201d)\twith\ta\n\t\nsyndicate\tof\tbanks.\tBorrowed\tfunds\tbear\tinterest,\tat\tour\toption,\tat\tan\tannual\trate\tof\t(a)\t\n1\n%\tplus\tLIBOR\tor\t(b)\tthe\thighest\tof\t(i)\tthe\tfederal\tfunds\trate\n\t\nplus\t\n0.50\n%,\t(ii)\tthe\tlenders\u2019\t\u201cprime\trate\u201d\tor\t(iii)\t1%\tplus\tLIBOR.\tThe\tfee\tfor\tundrawn\tamounts\tis\t\n0.25\n%\tper\tannum.\tThe\tCredit\tAgreement\tis\tsecured\tby\n\t\ncertain\tof\tour\taccounts\treceivable,\tinventory\tand\tequipment.\tAvailability\tunder\tthe\tCredit\tAgreement\tis\tbased\ton\tthe\tvalue\tof\tsuch\tassets,\tas\treduced\n\t\nby\tcertain\treserves.\nIn\tJanuary\t2023,\twe\tentered\tinto\ta\t\n5\n-year\tsenior\tunsecured\trevolving\tcredit\tfacility\t(the\t\u201cRCF\tCredit\tAgreement\u201d)\twith\ta\tsyndicate\tof\tbanks\tto\n\t\nreplace\tthe\texisting\tCredit\tAgreement,\twhich\twas\tterminated.\tThe\tRCF\tCredit\tAgreement\tcontains\ttwo\toptional\tone-year\textensions\tand\thas\ta\ttotal\n\t\ncommitment\tof\tup\tto\t$\n5.00\n\tbillion,\twhich\tcould\tbe\tincreased\tup\tto\t$\n7.00\n\tbillion\tunder\tcertain\tcircumstances.\tThe\tunderlying\tborrowings\tmay\tbe\tused\n\t\nfor\tgeneral\tcorporate\tpurposes.\tBorrowed\tfunds\taccrue\tinterest\tat\ta\tvariable\trate\tequal\tto:\t(i)\tfor\tdollar-denominated\tloans,\tat\tour\telection,\t(a)\tTerm\n\t\nSOFR\t(the\tforward-looking\tsecured\tovernight\tfinancing\trate)\tplus\t\n0.10"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51e9e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 72, "chroma:document": "0.10\n%,\tor\t(b)\tan\talternate\tbase\trate;\t(ii)\tfor\tloans\tdenominated\tin\tpounds\tsterling,\n\t\nSONIA\t(the\tsterling\tovernight\tindex\taverage\treference\trate);\tor\t(iii)\tfor\tloans\tdenominated\tin\teuros,\tan\tadjusted\tEURIBOR\t(euro\tinterbank\toffered\trate);\n\t\nin\teach\tcase,\tplus\tan\tapplicable\tmargin.\tThe\tapplicable\tmargin\twill\tbe\tbased\ton\tthe\trating\tassigned\tto\tour\tsenior,\tunsecured\tlong-term\tindebtedness\n\t\n(the\t\u201cCredit\tRating\u201d)\tfrom\ttime\tto\ttime.\tThe\tfee\tfor\tundrawn\tamounts\tis\tvariable\tbased\ton\tthe\tCredit\tRating\tand\tis\tcurrently\t\n0.15\n%\tper\tannum.\n73"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51ef8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 73, "chroma:document": "Automotive\tAsset-backed\tNotes\nFrom\ttime\tto\ttime,\twe\ttransfer\treceivables\tor\tbeneficial\tinterests\trelated\tto\tcertain\tleased\tvehicles\tinto\tspecial\tpurpose\tentities\t(\u201cSPEs\u201d)\tand\n\t\nissue\tAutomotive\tAsset-backed\tNotes,\tbacked\tby\tthese\tautomotive\tassets\tto\tinvestors.\tThe\tSPEs\tare\tconsolidated\tin\tthe\tfinancial\tstatements.\tThe\tcash\n\t\nflows\tgenerated\tby\tthese\tautomotive\tassets\tare\tused\tto\tservice\tthe\tprincipal\tand\tinterest\tpayments\ton\tthe\tAutomotive\tAsset-backed\tNotes\tand\tsatisfy\n\t\nthe\tSPEs\u2019\texpenses,\tand\tany\tremaining\tcash\tis\tdistributed\tto\tthe\towners\tof\tthe\tSPEs.\tWe\trecognize\trevenue\tearned\tfrom\tthe\tassociated\tcustomer\tlease\n\t\ncontracts\tin\taccordance\twith\tour\trevenue\trecognition\tpolicy.\tThe\tSPEs\u2019\tassets\tand\tcash\tflows\tare\tnot\tavailable\tto\tour\tother\tcreditors,\tand\tthe\tcreditors\n\t\nof\tthe\tSPEs,\tincluding\tthe\tAutomotive\tAsset-backed\tNote\tholders,\thave\tno\trecourse\tto\tour\tother\tassets.\n\t\nSolar\tAsset\tand\tLoan-backed\tNotes\nOur\tsubsidiaries\tpooled\tand\ttransferred\tqualifying\tsolar\tenergy\tsystems\tand\tthe\tassociated\tcustomer\tcontracts,\tour\tinterests\tin\tcertain\tfinancing\n\t\nfunds\tor\tcertain\tMyPower\tcustomer\tnotes\treceivable\tinto\tSPEs\tand\tissued\tSolar\tAsset\tand\tLoan-backed\tNotes\tbacked\tby\tthese\tsolar\tassets,\tinterests\tto\n\t\ninvestors\tor\tMyPower\tcustomer\tnotes\treceivable\n.\tThe\tSPEs\tare\twholly\towned\tby\tus\tand\tare\tconsolidated\tin\tthe\tfinancial\tstatements.\tThe\tcash\tflows\n\t\ngenerated\tby\tthese\tsolar\tassets\tand\tnotes\treceivable,\tor\tdistributed\tby\tthe\tunderlying\tfinancing\tfunds\tto\tcertain\tSPEs\tare\tused\tto\tservice\tthe\tprincipal"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51f5c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 73, "chroma:document": "and\tinterest\tpayments\ton\tthe\tSolar\tAsset\tand\tLoan-backed\tNotes\tand\tsatisfy\tthe\tSPEs\u2019\texpenses,\tand\tany\tremaining\tcash\tis\tdistributed\tto\tus.\tThe\tSPEs\u2019\n\t\nassets\tand\tcash\tflows\tare\tnot\tavailable\tto\tour\tother\tcreditors,\tand\tthe\tcreditors\tof\tthe\tSPEs,\tincluding\tthe\tSolar\tAsset\tand\tLoan-backed\tNote\tholders,\n\t\nhave\tno\trecourse\tto\tour\tother\tassets.\tWe\tcontracted\twith\tcertain\tSPEs\tto\tprovide\toperations\t&\tmaintenance\tand\tadministrative\tservices\tfor\tthe\tsolar\n\t\nenergy\tsystems.\tAs\tof\tDecember\t31,\t2022,\tsolar\tassets\tpledged\tas\tcollateral\tfor\tSolar\tAsset\tand\tLoan-backed\tNotes\thad\ta\tcarrying\tvalue\tof\t$\n69\n\tmillion\n\t\nand\tare\tincluded\twithin\tSolar\tenergy\tsystems,\tnet,\ton\tthe\tconsolidated\tbalance\tsheet.\nDuring\tthe\tyear\tended\tDecember\t31,\t2022,\t\nwe\tearly\trepaid\t$\n819\n\tmillion\tin\taggregate\tprincipal\tof\tthe\tSolar\tAsset\tand\tLoan-backed\tNotes\tand\n\t\nrecorded\tan\textinguishment\tof\tdebt\tcharge\tof\t$\n24\n\tmillion\trelated\tto\tthe\tearly\trepayments\tin\tInterest\texpense\tin\tthe\tconsolidated\tstatement\tof\n\t\noperations.\nCash\tEquity\tDebt\n\t\nIn\tconnection\twith\tthe\tcash\tequity\tfinancing\tdeals\tclosed\tin\t2016,\tour\tsubsidiaries\tissued\t$\n502\n\tmillion\tin\taggregate\tprincipal\tamount\tof\tdebt\tthat\n\t\nbears\tinterest\tat\tfixed\trates.\tThis\tdebt\tis\tsecured\tby,\tamong\tother\tthings,\tour\tinterests\tin\tcertain\tfinancing\tfunds\tand\tis\tnon-recourse\tto\tour\tother\n\t\nassets.\nAutomotive\tLease-backed\tCredit\tFacilities\n\t\nOur\tsubsidiaries\thave\tentered\tinto\tvarious\tcredit\tagreements\tfor\tborrowings\tsecured\tby\tour\tinterests\tin\tcertain\tvehicle\tleases.\tThese\tfacilities"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d51fb6-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 73, "chroma:document": "are\tnon-recourse\tto\tour\tother\tassets.\nPledged\tAssets\nAs\tof\tDecember\t31,\t2022\tand\t2021,\twe\thad\tpledged\tor\trestricted\t$\n2.02\n\tbillion\tand\t$\n5.25\n\tbillion\tof\tour\tassets\t(consisting\tprincipally\tof\trestricted\n\t\ncash,\treceivables,\tinventory,\tsolar\tenergy\tsystems,\toperating\tlease\tvehicles,\tproperty\tand\tequipment\tand\tequity\tinterests\tin\tcertain\tSPEs)\tas\tcollateral\n\t\nfor\tour\toutstanding\tdebt.\nSchedule\tof\tPrincipal\tMaturities\tof\tDebt\nThe\tfuture\tscheduled\tprincipal\tmaturities\tof\tdebt\tas\tof\tDecember\t31,\t2022\twere\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\t\nRecourse\tdebt\n\t\n\t\nNon-recourse\tdebt\n\t\n\t\nTotal\n\t\n2023\n\t\t\n$\n0\n\t\n\t\n$\n1,020\n\t\n\t\n$\n1,020\n\t\n2024\n\t\t\n\t\n37\n\t\n\t\n\t\n648\n\t\n\t\n\t\n685\n\t\n2025\n\t\t\n\t\n4\n\t\n\t\n\t\n35\n\t\n\t\n\t\n39\n\t\n2026\n\t\t\n\t\n0\n\t\n\t\n\t\n35\n\t\n\t\n\t\n35\n\t\n2027\n\t\n\t\n\u2014\n\t\n\t\n\t\n25\n\t\n\t\n\t\n25\n\t\nThereafter\n\t\n\t\n3\n\t\n\t\n\t\n254\n\t\n\t\n\t\n257\n\t\nTotal\n\t\t\n$\n44\n\t\n\t\n$\n2,017\n\t\n\t\n$\n2,061\n\t\n\t\nNote\t12\t\u2013\tLeases\nWe\thave\tentered\tinto\tvarious\toperating\tand\tfinance\tlease\tagreements\tfor\tcertain\tof\tour\toffices,\tmanufacturing\tand\twarehouse\tfacilities,\tretail"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52010-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 73, "chroma:document": "and\tservice\tlocations,\tequipment,\tvehicles,\tand\tsolar\tenergy\tsystems,\tworldwide.\tWe\tdetermine\tif\tan\tarrangement\tis\ta\tlease,\tor\tcontains\ta\tlease,\tat\n\t\ninception\tand\trecord\tthe\tleases\tin\tour\tfinancial\tstatements\tupon\tlease\tcommencement,\twhich\tis\tthe\tdate\twhen\tthe\tunderlying\tasset\tis\tmade\tavailable\n\t\nfor\tuse\tby\tthe\tlessor.\n\t\n74"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5206a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 74, "chroma:document": "We\thave\tlease\tagreements\twith\tlease\tand\tnon-lease\tcomponents,\tand\thave\telected\tto\tutilize\tthe\tpractical\texpedient\tto\taccount\tfor\tlease\tand\tnon-\nlease\tcomponents\ttogether\tas\ta\tsingle\tcombined\tlease\tcomponent,\tfrom\tboth\ta\tlessee\tand\tlessor\tperspective\twith\tthe\texception\tof\tdirect\tsales-type\n\t\nleases\tand\tproduction\tequipment\tclasses\tembedded\tin\tsupply\tagreements.\tFrom\ta\tlessor\tperspective,\tthe\ttiming\tand\tpattern\tof\ttransfer\tare\tthe\tsame\n\t\nfor\tthe\tnon-lease\tcomponents\tand\tassociated\tlease\tcomponent\tand,\tthe\tlease\tcomponent,\tif\taccounted\tfor\tseparately,\twould\tbe\tclassified\tas\tan\n\t\noperating\tlease.\nWe\thave\telected\tnot\tto\tpresent\tshort-term\tleases\ton\tthe\tconsolidated\tbalance\tsheet\tas\tthese\tleases\thave\ta\tlease\tterm\tof\t12\tmonths\tor\tless\tat\n\t\nlease\tinception\tand\tdo\tnot\tcontain\tpurchase\toptions\tor\trenewal\tterms\tthat\twe\tare\treasonably\tcertain\tto\texercise.\tAll\tother\tlease\tassets\tand\tlease\n\t\nliabilities\tare\trecognized\tbased\ton\tthe\tpresent\tvalue\tof\tlease\tpayments\tover\tthe\tlease\tterm\tat\tcommencement\tdate.\tBecause\tmost\tof\tour\tleases\tdo\tnot\n\t\nprovide\tan\timplicit\trate\tof\treturn,\twe\tused\tour\tincremental\tborrowing\trate\tbased\ton\tthe\tinformation\tavailable\tat\tlease\tcommencement\tdate\tin\n\t\ndetermining\tthe\tpresent\tvalue\tof\tlease\tpayments.\nOur\tleases,\twhere\twe\tare\tthe\tlessee,\toften\tinclude\toptions\tto\textend\tthe\tlease\tterm\tfor\tup\tto\t\n10\tyears\n.\tSome\tof\tour\tleases\talso\tinclude\toptions\tto\n\t\nterminate\tthe\tlease\tprior\tto\tthe\tend\tof\tthe\tagreed\tupon\tlease\tterm.\tFor\tpurposes\tof\tcalculating\tlease\tliabilities,\tlease\tterms\tinclude\toptions\tto\textend\tor\n\t\nterminate\tthe\tlease\twhen\tit\tis\treasonably\tcertain\tthat\twe\twill\texercise\tsuch\toptions."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d520ce-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 74, "chroma:document": "Lease\texpense\tfor\toperating\tleases\tis\trecognized\ton\ta\tstraight-line\tbasis\tover\tthe\tlease\tterm\tas\tcost\tof\trevenues\tor\toperating\texpenses\tdepending\n\t\non\tthe\tnature\tof\tthe\tleased\tasset.\tCertain\toperating\tleases\tprovide\tfor\tannual\tincreases\tto\tlease\tpayments\tbased\ton\tan\tindex\tor\trate.\tWe\tcalculate\tthe\n\t\npresent\tvalue\tof\tfuture\tlease\tpayments\tbased\ton\tthe\tindex\tor\trate\tat\tthe\tlease\tcommencement\tdate\tfor\tnew\tleases.\tDifferences\tbetween\tthe\tcalculated\n\t\nlease\tpayment\tand\tactual\tpayment\tare\texpensed\tas\tincurred.\tAmortization\tof\tfinance\tlease\tassets\tis\trecognized\tover\tthe\tlease\tterm\tas\tcost\tof\trevenues\n\t\nor\toperating\texpenses\tdepending\ton\tthe\tnature\tof\tthe\tleased\tasset.\tInterest\texpense\ton\tfinance\tlease\tliabilities\tis\trecognized\tover\tthe\tlease\tterm\twithin\n\t\nInterest\texpense\tin\tthe\tconsolidated\tstatements\tof\toperations.\n\t\nThe\tbalances\tfor\tthe\toperating\tand\tfinance\tleases\twhere\twe\tare\tthe\tlessee\tare\tpresented\tas\tfollows\t(in\tmillions)\twithin\tour\tconsolidated\tbalance\n\t\nsheets:\n\t\n\t\n\t\nDecember\t31,\t2022\n\t\n\t\nDecember\t31,\t2021\n\t\nOperating\tleases:\n\t\n\t\n\t\n\t\n\t\n\t\nOperating\tlease\tright-of-use\tassets\n\t\n$\n2,563\n\t\n\t\n$\n2,016\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAccrued\tliabilities\tand\tother\n\t\n$\n485\n\t\n\t\n$\n368\n\t\nOther\tlong-term\tliabilities\n\t\n\t\n2,164\n\t\n\t\n\t\n1,671\n\t\nTotal\toperating\tlease\tliabilities\n\t\n$\n2,649\n\t\n\t\n$\n2,039\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nFinance\tleases:\n\t\n\t\n\t\n\t\n\t\n\t\nSolar\tenergy\tsystems,\tnet"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52178-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 74, "chroma:document": "Solar\tenergy\tsystems,\tnet\n\t\n$\n25\n\t\n\t\n$\n27\n\t\nProperty,\tplant\tand\tequipment,\tnet\n\t\n\t\n1,094\n\t\n\t\n\t\n1,536\n\t\nTotal\tfinance\tlease\tassets\n\t\n$\n1,119\n\t\n\t\n$\n1,563\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nCurrent\tportion\tof\tlong-term\tdebt\tand\tfinance\tleases\n\t\n$\n486\n\t\n\t\n$\n501\n\t\nLong-term\tdebt\tand\tfinance\tleases,\tnet\tof\tcurrent\tportion\n\t\n\t\n568\n\t\n\t\n\t\n991\n\t\nTotal\tfinance\tlease\tliabilities\n\t\n$\n1,054\n\t\n\t\n$\n1,492\n\t\n\t\nThe\tcomponents\tof\tlease\texpense\tare\tas\tfollows\t(in\tmillions)\twithin\tour\tconsolidated\tstatements\tof\toperations:\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nOperating\tlease\texpense:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nOperating\tlease\texpense\t(1)\n\t\n$\n798\n\t\n\t\n$\n627\n\t\n\t\n$\n451\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nFinance\tlease\texpense:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nAmortization\tof\tleased\tassets\n\t\n$\n493\n\t\n\t\n$\n415\n\t\n\t\n$\n348\n\t\nInterest\ton\tlease\tliabilities\n\t\n\t\n72\n\t\n\t\n\t\n89\n\t\n\t\n\t\n100\n\t\nTotal\tfinance\tlease\texpense\n\t\n$\n565\n\t\n\t\n$\n504\n\t\n\t\n$\n448\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nTotal\tlease\texpense\n\t\n$\n1,363\n\t\n\t\n$"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d521d2-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 74, "chroma:document": "$\n1,363\n\t\n\t\n$\n1,131\n\t\n\t\n$\n899\n\t\n(1)\nIncludes\tshort-term\tleases\tand\tvariable\tlease\tcosts,\twhich\tare\timmaterial.\n75"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52236-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 75, "chroma:document": "Other\tinformation\trelated\tto\tleases\twhere\twe\tare\tthe\tlessee\tis\tas\tfollows:\n\t\n\t\n\t\nDecember\t31,\t2022\n\t\n\t\nDecember\t31,\t2021\n\t\nWeighted-average\tremaining\tlease\tterm:\n\t\n\t\n\t\n\t\n\t\n\t\nOperating\tleases\n\t\n6.4\n\tyears\n\t\n\t\n6.5\n\tyears\n\t\nFinance\tleases\n\t\n3.1\n\tyears\n\t\n\t\n4.2\n\tyears\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nWeighted-average\tdiscount\trate:\n\t\n\t\n\t\n\t\n\t\n\t\nOperating\tleases\n\t\n\t\n5.3\n%\n\t\n\t\n5.0\n%\nFinance\tleases\n\t\n\t\n5.7\n%\n\t\n\t\n5.8\n%\n\t\nSupplemental\tcash\tflow\tinformation\trelated\tto\tleases\twhere\twe\tare\tthe\tlessee\tis\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nCash\tpaid\tfor\tamounts\tincluded\tin\tthe\tmeasurement\tof\tlease\tliabilities:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nOperating\tcash\toutflows\tfrom\toperating\tleases\n\t\n$\n754\n\t\n\t\n$\n616\n\t\n\t\n$\n456\n\t\nOperating\tcash\toutflows\tfrom\tfinance\tleases\t(interest\tpayments)\n\t\n$\n75\n\t\n\t\n$\n89\n\t\n\t\n$\n100\n\t\nFinancing\tcash\toutflows\tfrom\tfinance\tleases\n\t\n$\n502\n\t\n\t\n$\n439\n\t\n\t\n$\n338\n\t\nLeased\tassets\tobtained\tin\texchange\tfor\tfinance\tlease\tliabilities\n\t\n$\n58\n\t\n\t\n$\n486\n\t\n\t\n$\n188\n\t\nLeased\tassets\tobtained\tin\texchange\tfor\toperating\tlease\tliabilities\n\t\n$\n1,059"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5229a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 75, "chroma:document": "$\n1,059\n\t\n\t\n$\n818\n\t\n\t\n$\n553\n\t\n\t\nAs\tof\t\nDecember\t31,\t2022,\tthe\tmaturities\tof\tour\toperating\tand\tfinance\tlease\tliabilities\t(excluding\tshort-term\tleases)\tare\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\nOperating\n\t\n\t\nFinance\n\t\n\t\n\t\nLeases\n\t\n\t\nLeases\n\t\n2023\n\t\n$\n610\n\t\n\t\n$\n534\n\t\n2024\n\t\n\t\n558\n\t\n\t\n\t\n387\n\t\n2025\n\t\n\t\n490\n\t\n\t\n\t\n122\n\t\n2026\n\t\n\t\n383\n\t\n\t\n\t\n52\n\t\n2027\n\t\n\t\n300\n\t\n\t\n\t\n31\n\t\nThereafter\n\t\n\t\n805\n\t\n\t\n\t\n4\n\t\nTotal\tminimum\tlease\tpayments\n\t\n\t\n3,146\n\t\n\t\n\t\n1,130\n\t\nLess:\tInterest\n\t\n\t\n497\n\t\n\t\n\t\n76\n\t\nPresent\tvalue\tof\tlease\tobligations\n\t\n\t\n2,649\n\t\n\t\n\t\n1,054\n\t\nLess:\tCurrent\tportion\n\t\n\t\n485\n\t\n\t\n\t\n486\n\t\nLong-term\tportion\tof\tlease\tobligations\n\t\n$\n2,164\n\t\n\t\n$\n568\n\t\n\t\nAs\tof\tDecember\t31,\t2022,\twe\thave\texcluded\tfrom\tthe\ttable\tabove\tadditional\toperating\tleases\tthat\thave\tnot\tyet\tcommenced\twith\taggregate\trent\n\t\npayments\tof\t$\n901\n\tmillion.\tThese\toperating\tleases\twill\tcommence\tbetween\tfiscal\tyear\t2023\tand\t2024\twith\tlease\tterms\tof\t\n2\t\nyears\tto\t\n15\t\nyears.\n\t\n76"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d522f4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 76, "chroma:document": "Operating\tLease\tand\tSales-type\tLease\tReceivables\nWe\tare\tthe\tlessor\tof\tcertain\tvehicle\tand\tsolar\tenergy\tsystem\tarrangements\tas\tdescribed\tin\tNote\t2,\t\nSummary\tof\tSignificant\tAccounting\tPolicies\n.\n\t\nAs\tof\tDecember\t31,\t2022,\tmaturities\tof\tour\toperating\tlease\tand\tsales-type\tlease\treceivables\tfrom\tcustomers\tfor\teach\tof\tthe\tnext\tfive\tyears\tand\n\t\nthereafter\twere\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\nOperating\n\t\n\t\nSales-type\n\t\n\t\n\t\nLeases\n\t\n\t\nLeases\n\t\n2023\n\t\n$\n1,212\n\t\n\t\n$\n202\n\t\n2024\n\t\n\t\n900\n\t\n\t\n\t\n208\n\t\n2025\n\t\n\t\n463\n\t\n\t\n\t\n192\n\t\n2026\n\t\n\t\n215\n\t\n\t\n\t\n174\n\t\n2027\n\t\n\t\n194\n\t\n\t\n\t\n49\n\t\nThereafter\n\t\n\t\n1,697\n\t\n\t\n\t\n12\n\t\nGross\tlease\treceivables\n\t\n$\n4,681\n\t\n\t\n$\n837\n\t\n\t\nThe\tabove\ttable\tdoes\tnot\tinclude\tvehicle\tsales\tto\tcustomers\tor\tleasing\tpartners\twith\ta\tresale\tvalue\tguarantee\tas\tthe\tcash\tpayments\twere\n\t\nreceived\tupfront.\tFor\tour\tsolar\tPPA\tarrangements,\tcustomers\tare\tcharged\tsolely\tbased\ton\tactual\tpower\tproduced\tby\tthe\tinstalled\tsolar\tenergy\tsystem\n\t\nat\ta\tpredefined\trate\tper\tkilowatt-hour\tof\tpower\tproduced.\tThe\tfuture\tpayments\tfrom\tsuch\tarrangements\tare\tnot\tincluded\tin\tthe\tabove\ttable\tas\tthey\tare\n\t\na\tfunction\tof\tthe\tpower\tgenerated\tby\tthe\trelated\tsolar\tenergy\tsystems\tin\tthe\tfuture.\n\t\n\t\nNet\tInvestment\tin\tSales-type\tLeases"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5234e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 76, "chroma:document": "Net\tInvestment\tin\tSales-type\tLeases\nNet\tinvestment\tin\tsales-type\tleases,\twhich\tis\tthe\tsum\tof\tthe\tpresent\tvalue\tof\tthe\tfuture\tcontractual\tlease\tpayments,\tis\tpresented\ton\tthe\n\t\nconsolidated\tbalance\tsheets\tas\ta\tcomponent\tof\tPrepaid\texpenses\tand\tother\tcurrent\tassets\tfor\tthe\tcurrent\tportion\tand\tas\tOther\tnon-current\tassets\tfor\n\t\nthe\tlong-term\tportion.\tLease\treceivables\trelating\tto\tsales-type\tleases\tare\tpresented\ton\tthe\tconsolidated\tbalance\tsheets\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\t\nDecember\t31,\t2022\n\t\n\t\nDecember\t31,\t2021\n\t\nGross\tlease\treceivables\n\t\t\n$\n837\n\t\n\t\n$\n427\n\t\nUnearned\tinterest\tincome\n\t\t\n\t\n(\n95\n)\n\t\n\t\n(\n50\n)\nAllowance\tfor\texpected\tcredit\tlosses\n\t\n\t\n(\n4\n)\n\t\n\t\n(\n1\n)\nNet\tinvestment\tin\tsales-type\tleases\n\t\t\n$\n738\n\t\n\t\n$\n376\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nReported\tas:\n\t\t\n\t\n\t\n\t\n\t\n\t\nPrepaid\texpenses\tand\tother\tcurrent\tassets\n\t\n$\n164\n\t\n\t\n$\n73\n\t\nOther\tnon-current\tassets\n\t\n\t\n574\n\t\n\t\n\t\n303\n\t\nNet\tinvestment\tin\tsales-type\tleases\n\t\t\n$\n738\n\t\n\t\n$\n376\n\t\n\t\nLease\tPass-Through\tFinancing\tObligation\nAs\tof\tDecember\t31,\t2022\n,\twe\thave\t\nsix\n\ttransactions\treferred\tto\tas\t\u201clease\tpass-through\tfund\tarrangements.\u201d\tUnder\tthese\tarrangements,\tour\n\t\nwholly\towned\tsubsidiaries\tfinance\tthe\tcost\tof\tsolar\tenergy\tsystems\twith\tinvestors\tthrough\tarrangements\tcontractually\tstructured\tas\tmaster\tleases\tfor\n\t\nan\tinitial\tterm\tranging\tbetween\t\n10\n\tand"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d523a8-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 76, "chroma:document": "an\tinitial\tterm\tranging\tbetween\t\n10\n\tand\t\n25\tyears\n.\tThese\tsolar\tenergy\tsystems\tare\tsubject\tto\tlease\tor\tPPAs\twith\tcustomers\twith\tan\tinitial\tterm\tnot\n\t\nexceeding\t\n25\tyears\n.\nUnder\ta\tlease\tpass-through\tfund\tarrangement,\tthe\tinvestor\tmakes\ta\tlarge\tupfront\tpayment\tto\tthe\tlessor,\twhich\tis\tone\tof\tour\tsubsidiaries,\tand\tin\n\t\nsome\tcases,\tsubsequent\tperiodic\tpayments.\t\nAs\tof\t\nDecember\t31,\t2022,\tthe\tfuture\tminimum\tmaster\tlease\tpayments\tto\tbe\treceived\tfrom\tinvestors,\tfor\n\t\neach\tof\tthe\tnext\tfive\tyears\tand\tthereafter,\twere\tas\tfollows\t(in\tmillions):\n\t\n2023\n\t\n$\n26\n\t\n2024\n\t\n\t\n18\n\t\n2025\n\t\n\t\n27\n\t\n2026\n\t\n\t\n28\n\t\n2027\n\t\n\t\n29\n\t\nThereafter\n\t\n\t\n366\n\t\nTotal\n\t\n$\n494\n\t\n\t\n77"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5240c-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 77, "chroma:document": "Note\t13\t\u2013\tEquity\tIncentive\tPlans\nIn\tJune\t2019,\twe\tadopted\tthe\t2019\tEquity\tIncentive\tPlan\t(the\t\u201c2019\tPlan\u201d).\tThe\t2019\tPlan\tprovides\tfor\tthe\tgrant\tof\tstock\toptions,\trestricted\n\t\nstock,\tRSUs,\tstock\tappreciation\trights,\tperformance\tunits\tand\tperformance\tshares\tto\tour\temployees,\tdirectors\tand\tconsultants.\tStock\toptions\tgranted\n\t\nunder\tthe\t2019\tPlan\tmay\tbe\teither\tincentive\tstock\toptions\tor\tnonstatutory\tstock\toptions.\tIncentive\tstock\toptions\tmay\tonly\tbe\tgranted\tto\tour\temployees.\n\t\nNonstatutory\tstock\toptions\tmay\tbe\tgranted\tto\tour\temployees,\tdirectors\tand\tconsultants.\tGenerally,\tour\tstock\toptions\tand\tRSUs\tvest\tover\t\nfour\tyears\n\tand\n\t\nour\tstock\toptions\tare\texercisable\tover\ta\tmaximum\tperiod\tof\t\n10\tyears\n\tfrom\ttheir\tgrant\tdates.\tVesting\ttypically\tterminates\twhen\tthe\temployment\tor\n\t\nconsulting\trelationship\tends.\nAs\tof\tDecember\t31,\t2022,\t\n148.0\n\tmillion\tshares\twere\treserved\tand\tavailable\tfor\tissuance\tunder\tthe\t2019\tPlan,\tas\tadjusted\tto\tgive\teffect\tto\tthe\n\t\n2022\tStock\tSplit.\nThe\tfollowing\ttable\tsummarizes\tour\tstock\toption\tand\tRSU\tactivity\tfor\tthe\tyear\tended\tDecember\t31,\t2022:\n\t\n\t\n\t\nStock\tOptions\n\t\n\t\nRSUs\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nWeighted-\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nWeighted-\n\t\n\t\n\t\n\t\n\t\n\t\nWeighted-\n\t\n\t\nAverage\n\t\n\t\nAggregate\n\t\n\t\n\t\n\t\n\t\nAverage\n\t\n\t\n\t\nNumber\tof\n\t\n\t\nAverage\n\t\n\t\nRemaining\n\t\n\t\nIntrinsic\n\t\n\t\nNumber\n\t\n\t\nGrant"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52466-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 77, "chroma:document": "Number\n\t\n\t\nGrant\n\t\n\t\n\t\nOptions\n\t\n\t\nExercise\n\t\n\t\nContractual\n\t\n\t\nValue\n\t\n\t\nof\tRSUs\n\t\n\t\nDate\tFair\n\t\n\t\n\t\n(in\n\t\nthousands)\n\t\n\t\nPrice\n\t\n\t\nLife\t(years)\n\t\n\t\n(in\n\t\nbillions)\n\t\n\t\n(in\n\t\nthousands)\n\t\n\t\nValue\n\t\nBeginning\tof\tperiod\t(1)\n\t\n\t\n357,120\n\t\n\t\n$\n28.15\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n34,312\n\t\n\t\n$\n88.23\n\t\nGranted\n\t\n\t\n4,120\n\t\n\t\n$\n226.53\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n8,714\n\t\n\t\n$\n239.85\n\t\nExercised\tor\treleased\n\t\n\t\n(\n7,971\n)\n\t\n$\n27.96\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n(\n17,702\n)\n\t\n$\n61.74\n\t\nCancelled\n\t\n\t\n(\n9,705\n)\n\t\n$\n24.25\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n(\n3,991\n)\n\t\n$\n140.68\n\t\nEnd\tof\tperiod\n\t\n\t\n343,564\n\t\n\t\n$\n30.65\n\t\n\t\n5.19\n\t\n\t\n$\n32.79\n\t\n\t\n\t\n21,333\n\t\n\t\n$\n162.32\n\t\nVested\tand\texpected\t\n\t\t\tto\tvest,\tDecember\t31,\t2022\n\t\n\t\n343,105\n\t\n\t\n$\n30.61\n\t\n\t\n\t\n5.19\n\t\n\t\n$\n32.75\n\t\n\t\n\t\n21,323\n\t\n\t\n$\n162.33\n\t\nExercisable\tand\tvested,"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d524c0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 77, "chroma:document": "$\n162.33\n\t\nExercisable\tand\tvested,\n\t\t\tDecember\t31,\t2022\t(2)\n\t\n\t\n304,862\n\t\n\t\n$\n25.68\n\t\n\t\n\t\n5.08\n\t\n\t\n$\n29.93\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n(1)\nPrior\tperiod\tresults\thave\tbeen\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tSee\tNote\t1,\t\nOverview\n,\tfor\tdetails.\n(2)\nTranche\t12\tof\tthe\t2018\tCEO\tPerformance\tAward,\twhich\trepresents\t\n25.3\n\tmillion\tstock\toptions,\twas\tachieved\tin\tthe\tfourth\tquarter\tof\t2022\tand\n\t\nwill\tvest\tupon\texpected\tcertification\tfollowing\tthe\tfiling\tof\tthis\tAnnual\tReport\ton\tForm\t10-K.\n\t\nThe\tweighted-average\tgrant\tdate\tfair\tvalue\tof\tRSUs\tgranted\tin\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020\twas\t$\n239.85\n,\t$\n261.33\n\tand\n\t\n$\n100.17\n,\trespectively,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tThe\taggregate\trelease\tdate\tfair\tvalue\tof\tRSUs\tin\tthe\tyears\tended\tDecember\t31,\n\t\n2022,\t2021\tand\t2020\twas\t$\n4.32\n\tbillion,\t$\n5.70\n\tbillion\tand\t$\n3.25\n\tbillion,\trespectively.\nThe\taggregate\tintrinsic\tvalue\tof\toptions\texercised\tin\tthe\tyears\tended\tDecember\t31,\t2022,\t2021,\tand\t2020\twas\t$\n1.90\n\tbillion,\t$\n26.88\n\tbillion\tand\n\t\n$\n1.55\n\tbillion,\trespectively.\tDuring\tthe\tyear\tended\tDecember\t31,\t2021,\tour\tCEO\texercised\tall\tof\tthe\tremaining\tvested\toptions\tfrom\tthe\t2012\tCEO\n\t\nPerformance\tAward,\twhich\tamounted\tto\tan\tintrinsic\tvalue\tof\t$\n23.45"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5251a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 77, "chroma:document": "23.45\n\tbillion.\nESPP\nOur\temployees\tare\teligible\tto\tpurchase\tour\tcommon\tstock\tthrough\tpayroll\tdeductions\tof\tup\tto\t\n15\n%\tof\ttheir\teligible\tcompensation,\tsubject\tto\tany\n\t\nplan\tlimitations.\tThe\tpurchase\tprice\twould\tbe\t\n85\n%\tof\tthe\tlower\tof\tthe\tfair\tmarket\tvalue\ton\tthe\tfirst\tand\tlast\ttrading\tdays\tof\teach\tsix-month\toffering\n\t\nperiod.\tDuring\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\tunder\tthe\tESPP\twe\tissued\t\n1.4\n\tmillion,\t\n1.5\n\tmillion\tand\t\n5.5\n\tmillion\tshares,\n\t\nrespectively,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tAs\tof\tDecember\t31,\t2022,\tthere\twere\t\n99.9\n\tmillion\tshares\tavailable\tfor\tissuance\tunder\tthe\n\t\nESPP,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\n78"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d525a6-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 78, "chroma:document": "Fair\tValue\tAssumptions\nWe\tuse\tthe\tfair\tvalue\tmethod\tin\trecognizing\tstock-based\tcompensation\texpense.\tUnder\tthe\tfair\tvalue\tmethod,\twe\testimate\tthe\tfair\tvalue\tof\teach\n\t\nstock\toption\taward\twith\tservice\tor\tservice\tand\tperformance\tconditions\tand\tthe\tESPP\ton\tthe\tgrant\tdate\tgenerally\tusing\tthe\tBlack-Scholes\toption\tpricing\n\t\nmodel.\t\nThe\tweighted-average\tassumptions\tused\tin\tthe\tBlack-Scholes\tmodel\tfor\tstock\toptions\tare\tas\tfollows:\n\t\n\t\t\n\t\t\nYear\tEnded\tDecember\t31,\n\t\n\t\t\n\t\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nRisk-free\tinterest\trate\n\t\t\n\t\n3.11\n%\n\t\n\t\n0.66\n%\n\t\n\t\n0.26\n%\nExpected\tterm\t(in\tyears)\n\t\t\n\t\n4.1\n\t\n\t\n\t\n4.3\n\t\n\t\n\t\n3.9\n\t\nExpected\tvolatility\n\t\t\n\t\n63\n%\n\t\n\t\n59\n%\n\t\n\t\n69\n%\nDividend\tyield\n\t\t\n\t\n0.0\n%\n\t\n\t\n0.0\n%\n\t\n\t\n0.0\n%\nGrant\tdate\tfair\tvalue\tper\tshare\t(1)\n\t\n$\n114.51\n\t\n\t\n$\n128.02\n\t\n\t\n$\n72.05\n\t\n\t\n(1)\nPrior\tperiod\tresults\thave\tbeen\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tSee\tNote\t1,\t\nOverview\n,\tfor\tdetails.\n\t\nThe\tfair\tvalue\tof\tRSUs\twith\tservice\tor\tservice\tand\tperformance\tconditions\tis\tmeasured\ton\tthe\tgrant\tdate\tbased\ton\tthe\tclosing\tfair\tmarket\tvalue\n\t\nof\tour\tcommon\tstock.\tThe\trisk-free\tinterest\trate\tis\tbased\ton\tthe\tU.S.\tTreasury\tyield\tfor\tzero-coupon\tU.S.\tTreasury\tnotes\twith\tmaturities\tapproximating"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52600-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 78, "chroma:document": "each\tgrant\u2019s\texpected\tlife.\tWe\tuse\tour\thistorical\tdata\tin\testimating\tthe\texpected\tterm\tof\tour\temployee\tgrants.\tThe\texpected\tvolatility\tis\tbased\ton\tthe\n\t\naverage\tof\tthe\timplied\tvolatility\tof\tpublicly\ttraded\toptions\tfor\tour\tcommon\tstock\tand\tthe\thistorical\tvolatility\tof\tour\tcommon\tstock.\n2018\tCEO\tPerformance\tAward\nIn\tMarch\t2018,\tour\tstockholders\tapproved\tthe\tBoard\tof\tDirectors\u2019\tgrant\tof\t\n304.0\n\tmillion\tstock\toption\tawards,\tas\tadjusted\tto\tgive\teffect\tto\tthe\n\t\n2020\tStock\tSplit\tand\tthe\t2022\tStock\tSplit,\tto\tour\tCEO\t(the\t\u201c2018\tCEO\tPerformance\tAward\u201d).\tThe\t2018\tCEO\tPerformance\tAward\tconsists\tof\t\n12\n\tvesting\n\t\ntranches\twith\ta\tvesting\tschedule\tbased\tentirely\ton\tthe\tattainment\tof\tboth\toperational\tmilestones\t(performance\tconditions)\tand\tmarket\tconditions,\n\t\nassuming\tcontinued\temployment\teither\tas\tthe\tCEO\tor\tas\tboth\tExecutive\tChairman\tand\tChief\tProduct\tOfficer\tand\tservice\tthrough\teach\tvesting\tdate.\n\t\nEach\tof\tthe\t12\tvesting\ttranches\tof\tthe\t2018\tCEO\tPerformance\tAward\twill\tvest\tupon\tcertification\tby\tthe\tBoard\tof\tDirectors\tthat\tboth\t(i)\tthe\tmarket\n\t\ncapitalization\tmilestone\tfor\tsuch\ttranche,\twhich\tbegan\tat\t$\n100.0\n\tbillion\tfor\tthe\tfirst\ttranche\tand\tincreases\tby\tincrements\tof\t$\n50.0\n\tbillion\tthereafter\n\t\n(based\ton\tboth\ta\tsix\tcalendar\tmonth\ttrailing\taverage\tand\ta\t30\tcalendar\tday\ttrailing\taverage,\tcounting\tonly\ttrading\tdays),\thas\tbeen\tachieved,\tand\t(ii)\tany\n\t\none\tof\tthe\tfollowing\t\neight\n\toperational\tmilestones\tfocused\ton\ttotal\trevenue\tor\tany\tone\tof\tthe\t\neight\n\toperational\tmilestones\tfocused\ton\tAdjusted\tEBITDA"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5265a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 78, "chroma:document": "have\tbeen\tachieved\tfor\tthe\tfour\tconsecutive\tfiscal\tquarters\ton\tan\tannualized\tbasis\tand\tsubsequently\treported\tby\tus\tin\tour\tconsolidated\tfinancial\n\t\nstatements\tfiled\twith\tour\tForms\t10-Q\tand/or\t10-K.\n\tAdjusted\tEBITDA\tis\tdefined\tas\tnet\tincome\t(loss)\tattributable\tto\tcommon\tstockholders\tbefore\tinterest\n\t\nexpense,\tprovision\t(benefit)\tfor\tincome\ttaxes,\tdepreciation\tand\tamortization\tand\tstock-based\tcompensation.\tUpon\tvesting\tand\texercise,\tincluding\tthe\n\t\npayment\tof\tthe\texercise\tprice\tof\t$\n23.34\n\tper\tshare\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2020\tStock\tSplit\tand\tthe\t2022\tStock\tSplit,\tour\tCEO\tmust\thold\tshares\n\t\nthat\the\tacquires\tfor\t\nfive\tyears\n\tpost-exercise,\tother\tthan\ta\tcashless\texercise\twhere\tshares\tare\tsimultaneously\tsold\tto\tpay\tfor\tthe\texercise\tprice\tand\tany\n\t\nrequired\ttax\twithholding.\n\t\nThe\tachievement\tstatus\tof\tthe\toperational\tmilestones\tas\tof\t\nDecember\t31,\t2022\tis\tprovided\tbelow.\tAlthough\tan\toperational\tmilestone\tis\tdeemed\n\t\nachieved\tin\tthe\tlast\tquarter\tof\tthe\trelevant\tannualized\tperiod,\tit\tmay\tbe\tcertified\tonly\tafter\tthe\tfinancial\tstatements\tsupporting\tits\tachievement\thave\n\t\nbeen\tfiled\twith\tour\tForms\t10-Q\tand/or\t10-K.\n\t\n\t\nTotal\tAnnualized\tRevenue\n\t\nAnnualized\tAdjusted\tEBITDA\nMilestone\n(in\tbillions)\n\t\n\t\nAchievement\tStatus\n\t\nMilestone\n(in\tbillions)\n\t\n\t\nAchievement\tStatus\n$\n20.0\n\t\n\t\nAchieved\n\t\n$\n1.5\n\t\n\t\nAchieved\n$\n35.0\n\t\n\t\nAchieved\n\t\n$\n3.0\n\t\n\t\nAchieved\n$\n55.0\n\t\n\t\nAchieved\n\t\n$\n4.5\n\t\n\t\nAchieved\n$\n75.0"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d526b4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 78, "chroma:document": "Achieved\n$\n75.0\n\t\n\t\nAchieved\n\t(1)\n\t\n$\n6.0\n\t\n\t\nAchieved\n$\n100.0\n\t\n\t\n-\n\t\n$\n8.0\n\t\n\t\nAchieved\n$\n125.0\n\t\n\t\n-\n\t\n$\n10.0\n\t\n\t\nAchieved\n$\n150.0\n\t\n\t\n-\n\t\n$\n12.0\n\t\n\t\nAchieved\n$\n175.0\n\t\n\t\n-\n\t\n$\n14.0\n\t\n\t\nAchieved\n\t\n(1)\nAchieved\tin\tthe\tfourth\tquarter\tof\t2022\tand\texpected\tto\tbe\tcertified\tfollowing\tthe\tfiling\tof\tthis\tAnnual\tReport\ton\tForm\t10-K.\n\t\n79"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52718-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 79, "chroma:document": "Stock-based\tcompensation\tunder\tthe\t2018\tCEO\tPerformance\tAward\trepresents\ta\tnon-cash\texpense\tand\tis\trecorded\tas\ta\tSelling,\tgeneral,\tand\n\t\nadministrative\toperating\texpense\tin\tour\tconsolidated\tstatements\tof\toperations.\tIn\teach\tquarter\tsince\tthe\tgrant\tof\tthe\t2018\tCEO\tPerformance\tAward,\twe\n\t\nhave\trecognized\texpense,\tgenerally\ton\ta\tpro-rated\tbasis,\tfor\tonly\tthe\tnumber\tof\ttranches\t(up\tto\tthe\tmaximum\tof\t\n12\n\ttranches)\tthat\tcorresponds\tto\tthe\n\t\nnumber\tof\toperational\tmilestones\tthat\thave\tbeen\tachieved\tor\thave\tbeen\tdetermined\tprobable\tof\tbeing\tachieved\tin\tthe\tfuture,\tin\taccordance\twith\tthe\n\t\nfollowing\tprinciples.\nOn\tthe\tgrant\tdate,\ta\tMonte\tCarlo\tsimulation\twas\tused\tto\tdetermine\tfor\teach\ttranche\t(i)\ta\tfixed\tamount\tof\texpense\tfor\tsuch\ttranche\tand\t(ii)\tthe\n\t\nfuture\ttime\twhen\tthe\tmarket\tcapitalization\tmilestone\tfor\tsuch\ttranche\twas\texpected\tto\tbe\tachieved,\tor\tits\t\u201cexpected\tmarket\tcapitalization\tmilestone\n\t\nachievement\ttime.\u201d\tSeparately,\tbased\ton\ta\tsubjective\tassessment\tof\tour\tfuture\tfinancial\tperformance,\teach\tquarter\twe\tdetermine\twhether\tit\tis\tprobable\n\t\nthat\twe\twill\tachieve\teach\toperational\tmilestone\tthat\thas\tnot\tpreviously\tbeen\tachieved\tor\tdeemed\tprobable\tof\tachievement\tand\tif\tso,\tthe\tfuture\ttime\n\t\nwhen\twe\texpect\tto\tachieve\tthat\toperational\tmilestone,\tor\tits\t\u201cexpected\toperational\tmilestone\tachievement\ttime.\u201d\nDuring\tthe\tfirst\tquarter\tof\t2022,\t\nthree\n\toperational\tmilestones\twere\tachieved\tand\tconsequently,\twe\trecognized\tan\taggregate\tcatch-up\texpense\tof\n\t\n$\n11\n\tmillion.\nAs\tof\tDecember\t31,\t2022\n,\tall\tremaining\tunrecognized\tstock-based\tcompensation\texpense\tunder\tthe\t2018\tCEO\tPerformance\tAward\thas\tbeen"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52772-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 79, "chroma:document": "recognized.\tFor\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\twe\trecorded\tstock-based\tcompensation\texpense\tof\t$\n66\n\tmillion,\t$\n910\n\tmillion\tand\n\t\n$\n838\n\tmillion,\trespectively,\trelated\tto\tthe\t2018\tCEO\tPerformance\tAward.\nOther\tPerformance-Based\tGrants\n2021\tPerformance-Based\tStock\tOption\t&\tRSU\tAwards\nDuring\tthe\tfourth\tquarter\tof\t2021,\tthe\tCompensation\tCommittee\tof\tour\tBoard\tof\tDirectors\tgranted\tto\tcertain\temployees\tperformance-based\n\t\nRSUs\tand\tstock\toptions\tto\tpurchase\tan\taggregate\t\n2.2\n\tmillion\tshares\tof\tour\tcommon\tstock,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2022\tStock\tSplit.\tWe\tbegin\n\t\nrecording\tstock-based\tcompensation\texpense\twhen\tthe\tperformance\tmilestones\tbecome\tprobable\tof\tachievement.\tFollowing\tachievement,\tvesting\n\t\noccurs\tover\ta\ttwo-year\tperiod\twith\tcontinued\temployment.\tAs\tof\t\nDecember\t31,\t2022,\twe\thad\tunrecognized\tstock-based\tcompensation\texpense\tof\t\n$\n204\n\t\nmillion,\twhich\twill\tbe\trecognized\tover\ta\tweighted-average\tperiod\tof\t\n3.2\n\tyears.\tFor\tthe\tyear\tended\tDecember\t31,\t2022,\twe\trecorded\t\n$\n159\n\tmillion\tof\n\t\nstock-based\tcompensation\texpense\trelated\tto\tthis\tgrant,\tnet\tof\tforfeitures.\nSummary\tStock-Based\tCompensation\tInformation\nThe\tfollowing\ttable\tsummarizes\tour\tstock-based\tcompensation\texpense\tby\tline\titem\tin\tthe\tconsolidated\tstatements\tof\toperations\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nCost\tof\trevenues\n\t\n$\n594\n\t\n\t\n$\n421\n\t\n\t\n$\n281\n\t\nResearch\tand\tdevelopment\n\t\n\t\n536\n\t\n\t\n\t\n448"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d527cc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 79, "chroma:document": "536\n\t\n\t\n\t\n448\n\t\n\t\n\t\n346\n\t\nSelling,\tgeneral\tand\tadministrative\n\t\n\t\n430\n\t\n\t\n\t\n1,252\n\t\n\t\n\t\n1,107\n\t\nTotal\n\t\n$\n1,560\n\t\n\t\n$\n2,121\n\t\n\t\n$\n1,734\n\t\n\t\nOur\tincome\ttax\tbenefits\trecognized\tfrom\tstock-based\tcompensation\tarrangements\tin\teach\tof\tthe\tperiods\tpresented\twere\timmaterial\tdue\tto\n\t\ncumulative\tlosses\tand\tvaluation\tallowances.\tDuring\tthe\tyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020,\tstock-based\tcompensation\texpense\tcapitalized\n\t\nto\tour\tconsolidated\tbalance\tsheets\twas\t$\n245\n\tmillion,\t$\n182\n\tmillion\tand\t$\n89\n\tmillion,\trespectively.\tAs\tof\tDecember\t31,\t2022,\twe\thad\t$\n3.94\n\tbillion\tof\ttotal\n\t\nunrecognized\tstock-based\tcompensation\texpense\trelated\tto\tnon-performance\tawards,\twhich\twill\tbe\trecognized\tover\ta\tweighted-average\tperiod\tof\t\n2.26\n\t\nyears.\n\t\n80"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52830-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 80, "chroma:document": "Note\t14\t\u2013\tIncome\tTaxes\nA\tprovision\tfor\tincome\ttaxes\tof\t$\n1.13\n\tbillion,\t$\n699\n\tmillion\tand\t$\n292\n\tmillion\thas\tbeen\trecognized\tfor\tthe\t\nyears\tended\tDecember\t31,\t2022,\t2021\n\t\nand\t2020,\trespectively,\trelated\tprimarily\tto\tour\tsubsidiaries\tlocated\toutside\tof\tthe\tU.S.\tOur\tincome\tbefore\tprovision\tfor\tincome\ttaxes\tfor\tthe\tyears\n\t\nended\tDecember\t31,\t2022,\t2021\tand\t2020\twas\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nDomestic\n\t\n$\n5,524\n\t\n\t\n$\n(\n130\n)\n\t\n$\n(\n198\n)\nNoncontrolling\tinterest\tand\tredeemable\t\n\t\t\tnoncontrolling\tinterest\n\t\n\t\n31\n\t\n\t\n\t\n125\n\t\n\t\n\t\n141\n\t\nForeign\n\t\n\t\n8,164\n\t\n\t\n\t\n6,348\n\t\n\t\n\t\n1,211\n\t\nIncome\tbefore\tincome\ttaxes\n\t\n$\n13,719\n\t\n\t\n$\n6,343\n\t\n\t\n$\n1,154\n\t\n\t\nThe\tcomponents\tof\tthe\tprovision\tfor\tincome\ttaxes\tfor\tthe\t\nyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nCurrent:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nFederal\n\t\n$\n\u2014\n\t\n\t\n$\n\u2014\n\t\n\t\n$\n\u2014\n\t\nState\n\t\n\t\n62\n\t\n\t\n\t\n9\n\t\n\t\n\t\n4\n\t\nForeign"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d528bc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 80, "chroma:document": "4\n\t\nForeign\n\t\n\t\n1,266\n\t\n\t\n\t\n839\n\t\n\t\n\t\n248\n\t\nTotal\tcurrent\n\t\n\t\n1,328\n\t\n\t\n\t\n848\n\t\n\t\n\t\n252\n\t\nDeferred:\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nFederal\n\t\n\t\n26\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\nState\n\t\n\t\n1\n\t\n\t\n\t\n\u2014\n\t\n\t\n\t\n\u2014\n\t\nForeign\n\t\n\t\n(\n223\n)\n\t\n\t\n(\n149\n)\n\t\n\t\n40\n\t\nTotal\tdeferred\n\t\n\t\n(\n196\n)\n\t\n\t\n(\n149\n)\n\t\n\t\n40\n\t\nTotal\tprovision\tfor\tincome\ttaxes\n\t\n$\n1,132\n\t\n\t\n$\n699\n\t\n\t\n$\n292\n\t\n\t\nDeferred\ttax\tassets\t(liabilities)\tas\tof\t\nDecember\t31,\t2022\tand\t2021\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nDeferred\ttax\tassets:\n\t\n\t\n\t\n\t\n\t\n\t\nNet\toperating\tloss\tcarry-forwards\n\t\n$\n4,486\n\t\n\t\n$\n7,607\n\t\nResearch\tand\tdevelopment\tcredits\n\t\n\t\n1,184\n\t\n\t\n\t\n923\n\t\nOther\ttax\tcredits\tand\tattributes\n\t\n\t\n217\n\t\n\t\n\t\n335\n\t\nDeferred\trevenue\n\t\n\t\n751\n\t\n\t\n\t\n546\n\t\nInventory\tand\twarranty\treserves\n\t\n\t\n819\n\t\n\t\n\t\n377\n\t\nStock-based\tcompensation\n\t\n\t\n185\n\t\n\t\n\t\n115\n\t\nOperating\tlease\tright-of-use\tliabilities\n\t\n\t\n554\n\t\n\t\n\t\n430"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52920-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 80, "chroma:document": "554\n\t\n\t\n\t\n430\n\t\nCapitalized\tresearch\tand\tdevelopment\tcosts\n\t\n\t\n693\n\t\n\t\n\t\n\u2014\n\t\nDeferred\tGILTI\ttax\tassets\n\t\n\t\n466\n\t\n\t\n\t\n556\n\t\nAccruals\tand\tothers\n\t\n\t\n178\n\t\n\t\n\t\n191\n\t\nTotal\tdeferred\ttax\tassets\n\t\n\t\n9,533\n\t\n\t\n\t\n11,080\n\t\nValuation\tallowance\n\t\n\t\n(\n7,349\n)\n\t\n\t\n(\n9,074\n)\nDeferred\ttax\tassets,\tnet\tof\tvaluation\tallowance\n\t\n\t\n2,184\n\t\n\t\n\t\n2,006\n\t\nDeferred\ttax\tliabilities:\n\t\n\t\n\t\n\t\n\t\n\t\nDepreciation\tand\tamortization\n\t\n\t\n(\n1,178\n)\n\t\n\t\n(\n1,279\n)\nInvestment\tin\tcertain\tfinancing\tfunds\n\t\n\t\n(\n238\n)\n\t\n\t\n(\n209\n)\nOperating\tlease\tright-of-use\tassets\n\t\n\t\n(\n506\n)\n\t\n\t\n(\n391\n)\nDeferred\trevenue\n\t\n\t\n\u2014\n\t\n\t\n\t\n(\n49\n)\nOther\n\t\n\t\n(\n15\n)\n\t\n\t\n(\n13\n)\nTotal\tdeferred\ttax\tliabilities\n\t\n\t\n(\n1,937\n)\n\t\n\t\n(\n1,941\n)\nDeferred\ttax\tassets\t(liabilities),\tnet\tof\tvaluation\tallowance\n\t\n$\n247\n\t\n\t\n$\n65\n\t\n\t\n81"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5297a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 81, "chroma:document": "As\tof\tDecember\t31,\t2022\n,\twe\trecorded\ta\tvaluation\tallowance\tof\t$\n7.35\n\tbillion\tfor\tthe\tportion\tof\tthe\tdeferred\ttax\tasset\tthat\twe\tdo\tnot\texpect\tto\tbe\n\t\nrealized.\tThe\tvaluation\tallowance\ton\tour\tnet\tdeferred\ttaxes\tdecreased\tby\t$\n1.73\n\tbillion\tin\tthe\tyear\tended\tDecember\t31,\t2022,\tand\tincreased\tby\t$\n6.14\n\t\nbillion\tand\t$\n974\n\tmillion\tduring\tthe\t\nyears\tended\tDecember\t31,\t2021\tand\t2020\n,\trespectively.\tThe\tchanges\tin\tvaluation\tallowance\tare\tprimarily\tdue\tto\n\t\nchanges\tin\tU.S.\tdeferred\ttax\tassets\tand\tliabilities\tincurred\tin\tthe\trespective\tyear.\tThe\tdecrease\tin\tthe\tyear\tended\tDecember\t31,\t2022\tincluded\n\t\nutilization\tof\t$\n13.57\n\tbillion\tnet\toperating\tloss\tcarry\tforwards\tto\toffset\tour\t2022\tU.S.\ttaxable\tincome.\tWe\thave\t$\n532\n\tmillion\tof\tdeferred\ttax\tassets\tin\n\t\nforeign\tjurisdictions,\twhich\tmanagement\tbelieves\tare\tmore-likely-than-not\tto\tbe\trealized\tgiven\tthe\texpectation\tof\tfuture\tearnings\tin\tthese\tjurisdictions.\n\t\nWe\tdid\tnot\thave\tany\tmaterial\treleases\tof\tvaluation\tallowance\tfor\tthe\t\nyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020.\tWe\tcontinue\tto\tmonitor\tthe\n\t\nrealizability\tof\tthe\tU.S.\tdeferred\ttax\tassets\ttaking\tinto\taccount\tmultiple\tfactors.\tIn\tcompleting\tthis\tassessment,\twe\tconsidered\tboth\tobjective\tand\n\t\nsubjective\tfactors.\tThese\tfactors\tincluded,\tbut\twere\tnot\tlimited\tto,\ta\thistory\tof\tlosses\tin\tprior\tyears,\texcess\ttax\tbenefits\trelated\tto\tstock-based"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d529d4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 81, "chroma:document": "compensation,\tfuture\treversal\tof\texisting\ttemporary\tdifferences\tand\ttax\tplanning\tstrategies.\tAfter\tevaluating\tall\tavailable\tevidence,\twe\tintend\tto\n\t\ncontinue\tmaintaining\ta\tfull\tvaluation\tallowance\ton\tour\tU.S.\tdeferred\ttax\tassets\tuntil\tthere\tis\tsufficient\tevidence\tto\tsupport\tthe\treversal\tof\tall\tor\tsome\n\t\nportion\tof\tthese\tallowances.\tGiven\tthe\timprovement\tin\tour\toperating\tresults\tand\tdepending\ton\tthe\tamount\tof\tstock-based\tcompensation\ttax\tdeductions\n\t\navailable\tin\tthe\tfuture,\twe\tmay\trelease\tthe\tvaluation\tallowance\tassociated\twith\tthe\tU.S.\tdeferred\ttax\tassets\tin\tthe\tnext\tfew\tyears.\tRelease\tof\tall,\tor\ta\n\t\nportion,\tof\tthe\tvaluation\tallowance\twould\tresult\tin\tthe\trecognition\tof\tcertain\tdeferred\ttax\tassets\tand\ta\tdecrease\tto\tincome\ttax\texpense\tfor\tthe\tperiod\tthe\n\t\nrelease\tis\trecorded.\nThe\treconciliation\tof\ttaxes\tat\tthe\tfederal\tstatutory\trate\tto\tour\tprovision\tfor\tincome\ttaxes\tfor\tthe\t\nyears\tended\tDecember\t31,\t2022,\t2021\tand\t2020\n\t\nwas\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nTax\tat\tstatutory\tfederal\trate\n\t\n$\n2,881\n\t\n\t\n$\n1,332\n\t\n\t\n$\n242\n\t\nState\ttax,\tnet\tof\tfederal\tbenefit\n\t\n\t\n51\n\t\n\t\n\t\n6\n\t\n\t\n\t\n4\n\t\nNondeductible\texecutive\tcompensations\n\t\n\t\n14\n\t\n\t\n\t\n201\n\t\n\t\n\t\n184\n\t\nOther\tnondeductible\texpenses\n\t\n\t\n89\n\t\n\t\n\t\n67\n\t\n\t\n\t\n52\n\t\nExcess\ttax\tbenefits\trelated\tto\tstock\tbased\t\n\t\t\tcompensation\n\t\n\t\n(\n745\n)\n\t\n\t\n("}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52a38-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 81, "chroma:document": "(\n745\n)\n\t\n\t\n(\n7,123\n)\n\t\n\t\n(\n666\n)\nForeign\tincome\trate\tdifferential\n\t\n\t\n(\n923\n)\n\t\n\t\n(\n668\n)\n\t\n\t\n33\n\t\nU.S.\ttax\tcredits\n\t\n\t\n(\n276\n)\n\t\n\t\n(\n328\n)\n\t\n\t\n(\n181\n)\nNoncontrolling\tinterests\tand\tredeemable\t\n\t\t\tnoncontrolling\tinterests\tadjustment\n\t\n\t\n42\n\t\n\t\n\t\n11\n\t\n\t\n\t\n5\n\t\nGILTI\tinclusion\n\t\n\t\n1,279\n\t\n\t\n\t\n1,008\n\t\n\t\n\t\n133\n\t\nUnrecognized\ttax\tbenefits\n\t\n\t\n252\n\t\n\t\n\t\n28\n\t\n\t\n\t\n1\n\t\nChange\tin\tvaluation\tallowance\n\t\n\t\n(\n1,532\n)\n\t\n\t\n6,165\n\t\n\t\n\t\n485\n\t\nProvision\tfor\tincome\ttaxes\n\t\n$\n1,132\n\t\n\t\n$\n699\n\t\n\t\n$\n292\n\t\n\t\nAs\tof\tDecember\t31,\t2022\n,\twe\thad\t$\n18.0\n\tbillion\tof\tfederal\tand\t$\n14.0\n\tbillion\tof\tstate\tnet\toperating\tloss\tcarry-forwards\tavailable\tto\toffset\tfuture\n\t\ntaxable\tincome,\tsome\tof\twhich,\tif\tnot\tutilized,\twill\tbegin\tto\texpire\tin\t2023\tfor\tfederal\tand\tstate\tpurposes.\tA\tportion\tof\tthese\tlosses\twere\tgenerated\tby\n\t\nour\tacquisition\tof\tSolarCity\tCorporation\t(\u201cSolarCity\u201d)\tand\tsome\tof\tthe\tother\tcompanies\twe\tacquired,\tand\ttherefore\tare\tsubject\tto\tchange\tof\tcontrol\n\t\nprovisions,\twhich\tlimit\tthe\tamount\tof\tacquired\ttax\tattributes\tthat\tcan\tbe\tutilized\tin\ta\tgiven\ttax\tyear.\tWe\tdo\tnot\texpect\tthe\tchange\tof\tcontrol\tlimitations"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52a92-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 81, "chroma:document": "or\texpiration\tdates\tto\tsignificantly\timpact\tour\tability\tto\tutilize\tthese\tattributes.\nAs\tof\tDecember\t31,\t2022\n,\twe\thad\tresearch\tand\tdevelopment\ttax\tcredits\tof\t$\n969\n\tmillion\tand\t$\n734\n\tmillion\tfor\tfederal\tand\tstate\tincome\ttax\n\t\npurposes,\trespectively.\tIf\tnot\tutilized,\tthe\tfederal\tresearch\tand\tdevelopment\ttax\tcredits\twill\texpire\tin\tvarious\tamounts\tbeginning\tin\t\n2024\n.\tHowever,\tthe\n\t\nstate\tof\tCalifornia\tresearch\tand\tdevelopment\ttax\tcredits\tcan\tbe\tcarried\tforward\tindefinitely.\tIn\taddition,\twe\thave\tother\tgeneral\tbusiness\ttax\tcredits\tof\n\t\n$\n197\n\tmillion\tfor\tfederal\tincome\ttax\tpurposes,\twhich\twill\tnot\tbegin\tto\tsignificantly\texpire\tuntil\t\n2033\n.\nFederal\tand\tstate\tlaws\tcan\timpose\tsubstantial\trestrictions\ton\tthe\tutilization\tof\tnet\toperating\tloss\tand\ttax\tcredit\tcarry-forwards\tin\tthe\tevent\tof\tan\n\t\n\u201cownership\tchange,\u201d\tas\tdefined\tin\tSection\t382\tof\tthe\tInternal\tRevenue\tCode.\tWe\thave\tdetermined\tthat\tno\tsignificant\tlimitation\twould\tbe\tplaced\ton\tthe\n\t\nutilization\tof\tour\tnet\toperating\tloss\tand\ttax\tcredit\tcarry-forwards\tdue\tto\tprior\townership\tchanges.\nThe\tlocal\tgovernment\tof\tShanghai\tgranted\ta\tbeneficial\tcorporate\tincome\ttax\trate\tof\t\n15\n%\tto\tcertain\teligible\tenterprises,\tcompared\tto\tthe\t\n25\n%\n\t\nstatutory\tcorporate\tincome\ttax\trate\tin\tChina.\tOur\tGigafactory\tShanghai\tsubsidiary\twas\tgranted\tthis\tbeneficial\tincome\ttax\trate\tof\t\n15\n%\tfor\t2019\tthrough\n\t\n2023.\n82"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52aec-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 82, "chroma:document": "As\tof\tDecember\t31,\t2022\n,\twe\tintend\tto\tindefinitely\treinvest\tour\tforeign\tearnings\tand\tcash\tunless\tsuch\trepatriation\tresults\tin\tno\tor\tminimal\ttax\n\t\ncosts.\tWe\thave\trecorded\tthe\ttaxes\tassociated\twith\tthe\tearnings\twe\tintend\tto\trepatriate\tin\tthe\tfuture.\tFor\tthe\tearnings\twe\tintend\tto\tindefinitely\treinvest,\n\t\nno\n\tdeferred\ttax\tliabilities\tfor\tforeign\twithholding\tor\tother\ttaxes\thave\tbeen\trecorded.\tThe\testimated\tamount\tof\tsuch\tunrecognized\tdeferred\ttax\tliability\n\t\nassociated\twith\tthe\tindefinitely\treinvested\tearnings\tis\tapproximately\t$\n168\n\tmillion.\nUncertain\tTax\tPositions\nThe\tchanges\tto\tour\tgross\tunrecognized\ttax\tbenefits\twere\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\n\t\n\t\nDecember\t31,\t2019\n\t\n$\n273\n\t\nIncreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions\n\t\n\t\n66\n\t\nIncreases\tin\tbalances\trelated\tto\tcurrent\tyear\ttax\n\t\t\tpositions\n\t\n\t\n41\n\t\nDecember\t31,\t2020\n\t\t\n\t\n380\n\t\nIncreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions\n\t\t\n\t\n117\n\t\nDecreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions\n\t\n\t\n(\n90\n)\nIncreases\tin\tbalances\trelated\tto\tcurrent\tyear\ttax\t\n\t\t\tpositions\n\t\t\n\t\n124\n\t\nDecember\t31,\t2021\n\t\t\n\t\n531\n\t\nIncreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions\n\t\t\n\t\n136\n\t\nDecreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions\n\t\n\t\n(\n12\n)\nIncreases\tin\tbalances\trelated\tto\tcurrent\tyear\ttax\tpositions\n\t\n\t\n222\n\t\nDecreases\tin\tbalances\trelated\tto\texpiration\tof\tthe\tstatute\tof\tlimitations\n\t\t\n\t\n(\n7\n)"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52b46-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 82, "chroma:document": "(\n7\n)\nDecember\t31,\t2022\n\t\n$\n870\n\t\n\t\nAs\tof\tDecember\t31,\t2022\n,\taccrued\tinterest\tand\tpenalties\trelated\tto\tunrecognized\ttax\tbenefits\tare\tclassified\tas\tincome\ttax\texpense\tand\tamounted\n\t\nto\t$\n31\n\tmillion.\tUnrecognized\ttax\tbenefits\tof\t$\n572\n\tmillion,\tif\trecognized,\twould\tnot\taffect\tour\teffective\ttax\trate\tsince\tthe\ttax\tbenefits\twould\tincrease\ta\n\t\ndeferred\ttax\tasset\tthat\tis\tcurrently\tfully\toffset\tby\ta\tvaluation\tallowance.\n\t\nWe\tfile\tincome\ttax\treturns\tin\tthe\tU.S.\tand\tvarious\tstate\tand\tforeign\tjurisdictions.\tWe\tare\tcurrently\tunder\texamination\tby\tthe\tInternal\tRevenue\n\t\nService\t(\u201cIRS\u201d)\tfor\tthe\tyears\t\n2015\n\tto\t\n2018\n.\tAdditional\ttax\tyears\twithin\tthe\tperiods\t\n2004\n\tto\t\n2014\n\tand\t\n2019\n\tto\t\n2021\n\tremain\tsubject\tto\texamination\tfor\n\t\nfederal\tincome\ttax\tpurposes.\tAll\tnet\toperating\tlosses\tand\ttax\tcredits\tgenerated\tto\tdate\tare\tsubject\tto\tadjustment\tfor\tU.S.\tfederal\tand\tstate\tincome\ttax\n\t\npurposes.\tOur\treturns\tfor\t\n2004\n\tand\tsubsequent\ttax\tyears\tremain\tsubject\tto\texamination\tin\tU.S.\tstate\tand\tforeign\tjurisdictions.\nGiven\tthe\tuncertainty\tin\ttiming\tand\toutcome\tof\tour\ttax\texaminations,\tan\testimate\tof\tthe\trange\tof\tthe\treasonably\tpossible\tchange\tin\tgross\n\t\nunrecognized\ttax\tbenefits\twithin\ttwelve\tmonths\tcannot\tbe\tmade\tat\tthis\ttime.\n\t\nNote\t15\t\u2013\tCommitments\tand\tContingencies\nOperating\tLease\tArrangement\tin\tBuffalo,\tNew\tYork\nWe\thave\tan\toperating\tlease\tthrough\tthe\tResearch\tFoundation\tfor\tthe\tSUNY\tFoundation\twith\trespect\tto\tGigafactory\tNew\tYork.\tUnder\tthe\tlease"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52ba0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 82, "chroma:document": "and\ta\trelated\tresearch\tand\tdevelopment\tagreement,\twe\tare\tcontinuing\tto\tfurther\tdevelop\tthe\tfacility.\n\t\nUnder\tthis\tagreement,\twe\tare\tobligated\tto,\tamong\tother\tthings,\tmeet\temployment\ttargets\tas\twell\tas\tspecified\tminimum\tnumbers\tof\tpersonnel\tin\n\t\nthe\tState\tof\tNew\tYork\tand\tin\tBuffalo,\tNew\tYork\tand\tspend\tor\tincur\t$\n5.00\n\tbillion\tin\tcombined\tcapital,\toperational\texpenses,\tcosts\tof\tgoods\tsold\tand\n\t\nother\tcosts\tin\tthe\tState\tof\tNew\tYork\tduring\tthe\t\n10-year\n\tperiod\tbeginning\tApril\t30,\t2018.\tOn\tan\tannual\tbasis\tduring\tthe\tinitial\tlease\tterm,\tas\tmeasured\n\t\non\teach\tanniversary\tof\tsuch\tdate,\tif\twe\tfail\tto\tmeet\tthese\tspecified\tinvestment\tand\tjob\tcreation\trequirements,\tthen\twe\twould\tbe\tobligated\tto\tpay\ta\t$\n41\n\t\nmillion\t\u201cprogram\tpayment\u201d\tto\tthe\tSUNY\tFoundation\tfor\teach\tyear\tthat\twe\tfail\tto\tmeet\tthese\trequirements.\tFurthermore,\tif\tthe\tarrangement\tis\n\t\nterminated\tdue\tto\ta\tmaterial\tbreach\tby\tus,\tthen\tadditional\tamounts\tmay\tbecome\tpayable\tby\tus.\nIn\t2021,\tan\tamendment\twas\texecuted\tto\textend\tour\toverall\tagreement\tto\tspend\tor\tincur\t$\n5.00\n\tbillion\tin\tcombined\tcapital,\toperational\texpenses,\n\t\ncosts\tof\tgoods\tsold\tand\tother\tcosts\tin\tthe\tState\tof\tNew\tYork\tthrough\tDecember\t31,\t2029.\tOn\tFebruary\t1,\t2022,\twe\treported\tto\tthe\tState\tof\tNew\tYork\n\t\nthat\twe\thad\tmet\tand\texceeded\tour\tannual\trequirements\tfor\tjobs\tand\tinvestment\tin\tBuffalo\tand\tNew\tYork\tState.\tAs\tof\tDecember\t31,\t2022,\twe\tare"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52bfa-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 82, "chroma:document": "currently\tin\texcess\tof\tsuch\ttargets\trelating\tto\tinvestments\tand\tpersonnel\tin\tthe\tState\tof\tNew\tYork\tand\tBuffalo\tand\tdo\tnot\tcurrently\texpect\tany\tissues\n\t\nmeeting\tour\tapplicable\tobligations\tin\tthe\tyears\tbeyond.\tHowever,\tif\tour\texpectations\tas\tto\tthe\tcosts\tand\ttimelines\tof\tour\tinvestment\tand\toperations\tat\n\t\nBuffalo\tor\tour\tproduction\tramp\tof\tthe\tSolar\tRoof\tprove\tincorrect,\twe\tmay\tincur\tadditional\texpenses\tor\tbe\trequired\tto\tmake\tsubstantial\tpayments\tto\tthe\n\t\nSUNY\tFoundation.\n83"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52c72-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 83, "chroma:document": "Operating\tLease\tArrangement\tin\tShanghai,\tChina\nWe\thave\tan\toperating\tlease\tarrangement\tfor\tan\tinitial\tterm\tof\t\n50\tyears\n\twith\tthe\tlocal\tgovernment\tof\tShanghai\tfor\tland\tuse\trights\twhere\twe\thave\n\t\nbeen\tconstructing\tGigafactory\tShanghai.\tUnder\tthe\tterms\tof\tthe\tarrangement,\twe\tare\trequired\tto\tspend\tRMB\t\n14.08\n\tbillion\tin\tcapital\texpenditures\tby\n\t\nthe\tend\tof\t2023\tand\tto\tgenerate\tRMB\t\n2.23\n\tbillion\tof\tannual\ttax\trevenues\tstarting\tat\tthe\tend\tof\t2023.\tIf\twe\tare\tunwilling\tor\tunable\tto\tmeet\tsuch\ttarget\n\t\nor\tobtain\tperiodic\tproject\tapprovals,\tin\taccordance\twith\tthe\tChinese\tgovernment\u2019s\tstandard\tterms\tfor\tsuch\tarrangements,\twe\twould\tbe\trequired\tto\n\t\nrevert\tthe\tsite\tto\tthe\tlocal\tgovernment\tand\treceive\tcompensation\tfor\tthe\tremaining\tvalue\tof\tthe\tland\tlease,\tbuildings\tand\tfixtures.\tWe\texpect\tto\tmeet\n\t\nthe\tcapital\texpenditure\tand\ttax\trevenue\trequirements\tbased\ton\tour\tcurrent\tlevel\tof\tspend\tand\tsales.\nLegal\tProceedings\nLitigation\tRelating\tto\tthe\tSolarCity\tAcquisition\nBetween\tSeptember\t1,\t2016\tand\tOctober\t5,\t2016,\t\nseven\n\tlawsuits\twere\tfiled\tin\tthe\tDelaware\tCourt\tof\tChancery\tby\tpurported\tstockholders\tof\n\t\nTesla\tchallenging\tour\tacquisition\tof\tSolarCity.\tFollowing\tconsolidation,\tthe\tlawsuit\tnames\tas\tdefendants\tthe\tmembers\tof\tTesla\u2019s\tboard\tof\tdirectors\tas\n\t\nthen\tconstituted\tand\talleges,\tamong\tother\tthings,\tthat\tboard\tmembers\tbreached\ttheir\tfiduciary\tduties\tin\tconnection\twith\tthe\tacquisition.\tThe\tcomplaint\n\t\nasserts\tboth\tderivative\tclaims\tand\tdirect\tclaims\ton\tbehalf\tof\ta\tpurported\tclass\tand\tseeks,\tamong\tother\trelief,\tunspecified\tmonetary\tdamages,\tattorneys\u2019"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52ccc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 83, "chroma:document": "fees\tand\tcosts.\tOn\tJanuary\t22,\t2020,\tall\tof\tthe\tdirector\tdefendants\texcept\tElon\tMusk\treached\ta\tsettlement\tto\tresolve\tthe\tlawsuit\tagainst\tthem\tfor\tan\n\t\namount\tto\tbe\tpaid\tentirely\tunder\tthe\tapplicable\tinsurance\tpolicy.\tThe\tsettlement,\twhich\tdoes\tnot\tinvolve\tan\tadmission\tof\tany\twrongdoing\tby\tany\tparty,\n\t\nwas\tapproved\tby\tthe\tCourt\ton\tAugust\t17,\t2020.\tTesla\treceived\tpayment\tof\tapproximately\t$\n43\n\tmillion\ton\tSeptember\t16,\t2020,\twhich\thas\tbeen\n\t\nrecognized\tin\tour\tconsolidated\tstatements\tof\toperations\tas\ta\treduction\tto\tSelling,\tgeneral\tand\tadministrative\toperating\texpenses\tfor\tcosts\tpreviously\n\t\nincurred\trelated\tto\tthe\tacquisition\tof\tSolarCity.\tOn\tFebruary\t4,\t2020,\tthe\tCourt\tissued\ta\truling\tthat\tdenied\tplaintiffs\u2019\tpreviously-filed\tmotion\tfor\n\t\nsummary\tjudgment\tand\tgranted\tin\tpart\tand\tdenied\tin\tpart\tdefendants\u2019\tpreviously-filed\tmotion\tfor\tsummary\tjudgment.\tThe\tcase\twas\tset\tfor\ttrial\tin\n\t\nMarch\t2020\tuntil\tit\twas\tpostponed\tby\tthe\tCourt\tdue\tto\tsafety\tprecautions\tconcerning\tCOVID-19.\tThe\ttrial\twas\theld\tfrom\tJuly\t12\tto\tJuly\t23,\t2021\tand\ton\n\t\nAugust\t16,\t2021.\t\nOn\tOctober\t22,\t2021,\tthe\tCourt\tapproved\tthe\tparties\u2019\tjoint\tstipulation\tthat\t(a)\tthe\tclass\tis\tdecertified\tand\tthe\taction\tshall\tcontinue\n\t\nexclusively\tas\ta\tderivative\taction\tunder\tCourt\tof\tChancery\tRule\t23.1\tand\t(b)\tthe\tdirect\tclaims\tagainst\tElon\tMusk\tare\tdismissed\twith\tprejudice.\n\t\nFollowing\tpost-trial\tbriefing,\tpost-trial\targument\twas\theld\ton\tJanuary\t18,\t2022."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52d26-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 83, "chroma:document": "On\tApril\t27,\t2022,\tthe\tCourt\tentered\tjudgment\tin\tfavor\tof\tMr.\tMusk\ton\tall\tcounts.\tOn\tMay\t26,\t2022,\tthe\tplaintiff\tfiled\ta\tnotice\tof\tappeal.\tThe\n\t\nparties\thave\tcompleted\tbriefing\tand\targument\twill\tbe\theld\tbefore\tthe\tSupreme\tCourt\tof\tDelaware\ton\tMarch\t29,\t2023.\nThese\tplaintiffs\tand\tothers\tfiled\tparallel\tactions\tin\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\tDistrict\tof\tDelaware\ton\tor\tabout\tApril\t21,\t2017.\tThey\tinclude\n\t\nclaims\tfor\tviolations\tof\tthe\tfederal\tsecurities\tlaws\tand\tbreach\tof\tfiduciary\tduties\tby\tTesla\u2019s\tboard\tof\tdirectors.\tThose\tactions\thave\tbeen\tconsolidated\tand\n\t\nstayed\tpending\tthe\tabove-referenced\tChancery\tCourt\tlitigation.\nLitigation\tRelating\tto\t2018\tCEO\tPerformance\tAward\nOn\tJune\t4,\t2018,\ta\tpurported\tTesla\tstockholder\tfiled\ta\tputative\tclass\tand\tderivative\taction\tin\tthe\tDelaware\tCourt\tof\tChancery\tagainst\tElon\tMusk\n\t\nand\tthe\tmembers\tof\tTesla\u2019s\tboard\tof\tdirectors\tas\tthen\tconstituted,\talleging\tcorporate\twaste,\tunjust\tenrichment\tand\tthat\tsuch\tboard\tmembers\tbreached\n\t\ntheir\tfiduciary\tduties\tby\tapproving\tthe\tstock-based\tcompensation\tplan\tawarded\tto\tElon\tMusk\tin\t2018.\tThe\tcomplaint\tseeks,\tamong\tother\tthings,\n\t\nmonetary\tdamages\tand\trescission\tor\treformation\tof\tthe\tstock-based\tcompensation\tplan.\tOn\tAugust\t31,\t2018,\tdefendants\tfiled\ta\tmotion\tto\tdismiss\tthe\n\t\ncomplaint;\tplaintiff\tfiled\tits\topposition\tbrief\ton\tNovember\t1,\t2018;\tand\tdefendants\tfiled\ta\treply\tbrief\ton\tDecember\t13,\t2018.\tThe\thearing\ton\tthe\tmotion"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52d8a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 83, "chroma:document": "to\tdismiss\twas\theld\ton\tMay\t9,\t2019.\tOn\tSeptember\t20,\t2019,\tthe\tCourt\tgranted\tthe\tmotion\tto\tdismiss\tas\tto\tthe\tcorporate\twaste\tclaim\tbut\tdenied\tthe\n\t\nmotion\tas\tto\tthe\tbreach\tof\tfiduciary\tduty\tand\tunjust\tenrichment\tclaims.\tDefendants\u2019\tanswer\twas\tfiled\ton\tDecember\t3,\t2019.\nOn\tJanuary\t25,\t2021,\tthe\tCourt\tconditionally\tcertified\tcertain\tclaims\tand\ta\tclass\tof\tTesla\tstockholders\tas\ta\tclass\taction.\tOn\tSeptember\t30,\t2021,\n\t\nplaintiff\tfiled\ta\tmotion\tfor\tleave\tto\tfile\ta\tverified\tamended\tderivative\tcomplaint.\tOn\tOctober\t1,\t2021,\tdefendants\tKimbal\tMusk\tand\tSteve\tJurvetson\n\t\nmoved\tfor\tsummary\tjudgment\tas\tto\tthe\tclaims\tagainst\tthem.\tFollowing\tthe\tmotion,\tplaintiff\tagreed\tto\tvoluntarily\tdismiss\tthe\tclaims\tagainst\tKimbal\n\t\nMusk\tand\tSteve\tJurvetson.\tPlaintiff\talso\tmoved\tfor\tsummary\tjudgment\ton\tOctober\t1,\t2021.\tOn\tOctober\t27,\t2021,\tthe\tCourt\tapproved\tthe\tparties\u2019\tjoint\n\t\nstipulation\tthat,\tamong\tother\tthings,\t(a)\tall\tclaims\tagainst\tKimbal\tMusk\tand\tSteve\tJurvetson\tin\tthe\tComplaint\tare\tdismissed\twith\tprejudice;\t(b)\tthe\tclass\n\t\nis\tdecertified\tand\tthe\taction\tshall\tcontinue\texclusively\tas\ta\tderivative\taction\tunder\tCourt\tof\tChancery\tRule\t23.1;\tand\t(c)\tthe\tdirect\tclaims\tagainst\tthe\n\t\nremaining\tdefendants\tare\tdismissed\twith\tprejudice.\tOn\tNovember\t18,\t2021,\tthe\tremaining\tdefendants\t(a)\tmoved\tfor\tpartial\tsummary\tjudgment,\t(b)"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52de4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 83, "chroma:document": "opposed\tplaintiff\u2019s\tsummary\tjudgment\tmotion\tand\t(c)\topposed\tthe\tplaintiff\u2019s\tmotion\tto\tamend\this\tcomplaint.\tIn\tJanuary\t2022,\tthe\tcase\twas\tassigned\tto\ta\n\t\ndifferent\tjudge.\tOn\tFebruary\t24,\t2022,\tthe\tcourt\t(i)\tgranted\tplaintiff\u2019s\tmotion\tto\tamend\this\tcomplaint,\tand\t(ii)\tcanceled\toral\targument\ton\tthe\tsummary\n\t\njudgment\tmotions,\tstating\tthat\tthe\tcourt\tis\t\u201cskeptical\tthat\tthis\tlitigation\tcan\tbe\tresolved\tbased\ton\tthe\tundisputed\tfacts\u201d\tand\tthe\t\u201ccase\tis\tgoing\tto\ttrial,\u201d\n\t\nbut\tthat\tthe\t\u201cparties\tmay\treassert\ttheir\targuments\tmade\tin\tsupport\tof\tsummary\tjudgment\tin\ttheir\tpre-trial\tand\tpost-trial\tbriefs.\u201d\tTrial\twas\theld\n\t\nNovember\t14-18,\t2022.\tPost-trial\tbriefing\tis\tunderway\tand\tpost-trial\targument\tis\tscheduled\tfor\tFebruary\t21,\t2023.\n\t\n84"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52e48-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 84, "chroma:document": "Litigation\tRelated\tto\tDirectors\u2019\tCompensation\nOn\tJune\t17,\t2020,\ta\tpurported\tTesla\tstockholder\tfiled\ta\tderivative\taction\tin\tthe\tDelaware\tCourt\tof\tChancery,\tpurportedly\ton\tbehalf\tof\tTesla,\n\t\nagainst\tcertain\tof\tTesla\u2019s\tcurrent\tand\tformer\tdirectors\tregarding\tcompensation\tawards\tgranted\tto\tTesla\u2019s\tdirectors,\tother\tthan\tElon\tMusk,\tbetween\n\t\n2017\tand\t2020.\tThe\tsuit\tasserts\tclaims\tfor\tbreach\tof\tfiduciary\tduty\tand\tunjust\tenrichment\tand\tseeks\tdeclaratory\tand\tinjunctive\trelief,\tunspecified\n\t\ndamages\tand\tother\trelief.\tDefendants\tfiled\ttheir\tanswer\ton\tSeptember\t17,\t2020.\tTrial\tis\tcurrently\tset\tfor\tNovember\t27,\t2023,\tto\tDecember\t1,\t2023.\nLitigation\tRelating\tto\tPotential\tGoing\tPrivate\tTransaction\nBetween\tAugust\t10,\t2018\tand\tSeptember\t6,\t2018,\t\nnine\n\tpurported\tstockholder\tclass\tactions\twere\tfiled\tagainst\tTesla\tand\tElon\tMusk\tin\tconnection\n\t\nwith\tMr.\tMusk\u2019s\tAugust\t7,\t2018\tTwitter\tpost\tthat\the\twas\tconsidering\ttaking\tTesla\tprivate.\tAll\tof\tthe\tsuits\tare\tnow\tpending\tin\tthe\tU.S.\tDistrict\tCourt\tfor\n\t\nthe\tNorthern\tDistrict\tof\tCalifornia.\tAlthough\tthe\tcomplaints\tvary\tin\tcertain\trespects,\tthey\teach\tpurport\tto\tassert\tclaims\tfor\tviolations\tof\tfederal\n\t\nsecurities\tlaws\trelated\tto\tMr.\tMusk\u2019s\tstatement\tand\tseek\tunspecified\tcompensatory\tdamages\tand\tother\trelief\ton\tbehalf\tof\ta\tpurported\tclass\tof\n\t\npurchasers\tof\tTesla\u2019s\tsecurities.\tPlaintiffs\tfiled\ttheir\tconsolidated\tcomplaint\ton\tJanuary\t16,\t2019\tand\tadded\tas\tdefendants\tthe\tmembers\tof\tTesla\u2019s\tboard"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52eac-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 84, "chroma:document": "of\tdirectors.\tThe\tnow-consolidated\tpurported\tstockholder\tclass\taction\twas\tstayed\twhile\tthe\tissue\tof\tselection\tof\tlead\tcounsel\twas\tbriefed\tand\targued\n\t\nbefore\tthe\tNinth\tCircuit.\tThe\tNinth\tCircuit\truled\tregarding\tlead\tcounsel.\tDefendants\tfiled\ta\tmotion\tto\tdismiss\tthe\tcomplaint\ton\tNovember\t22,\t2019.\tThe\n\t\nhearing\ton\tthe\tmotion\twas\theld\ton\tMarch\t6,\t2020.\tOn\tApril\t15,\t2020,\tthe\tCourt\tdenied\tdefendants\u2019\tmotion\tto\tdismiss.\tThe\tparties\tstipulated\tto\n\t\ncertification\tof\ta\tclass\tof\tstockholders,\twhich\tthe\tcourt\tgranted\ton\tNovember\t25,\t2020.\tOn\tJanuary\t11,\t2022,\tplaintiff\n\tfiled\ta\tmotion\tfor\tpartial\tsummary\n\t\njudgment.\tOn\tApril\t1,\t2022,\tthe\tCourt\tgranted\tin\tpart\tplaintiffs\u2019\tmotion\tfor\tpartial\tsummary\tjudgment.\tThe\tCompany\tdisagrees\twith\tthe\truling\tand\n\t\naccordingly,\ton\tApril\t22,\t2022,\tasked\tthe\tCourt\tfor\treconsideration\tor,\tin\tthe\talternative,\tcertification\tto\tfile\tan\tinterlocutory\tappeal.\tOn\tJune\t16,\t2022,\n\t\nin\tresponse\tto\tTesla\u2019s\tmotions,\tthe\tCourt\tdenied\tcertification\tto\tappeal\tand\tdeclined\tto\treconsider\tits\topinion\tbut\tclarified\tits\tsummary\tjudgment\truling\n\t\nto\tmake\tclear\tthat\tit\thad\tnot\truled\tthat\tany\tmisstatements\tit\tidentified\tmet\tthe\trequired\tmateriality\telement\tunder\tthe\tsecurities\tstatute.\tThe\tissue\tof\n\t\nmateriality\tand\treliance\twill\tboth\tbe\tquestions\tfor\tthe\tjury\tto\tdecide\tat\ttrial,\twhich\tstarted\ton\tJanuary\t17,\t2023.\nBetween\tOctober\t17,\t2018\tand\tMarch\t8,\t2021,\t\nseven\n\tderivative\tlawsuits\twere\tfiled\tin\tthe\tDelaware\tCourt\tof\tChancery,\tpurportedly\ton\tbehalf\tof"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52f06-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 84, "chroma:document": "Tesla,\tagainst\tMr.\tMusk\tand\tthe\tmembers\tof\tTesla\u2019s\tboard\tof\tdirectors,\tas\tconstituted\tat\trelevant\ttimes,\tin\trelation\tto\tstatements\tmade\tand\tactions\n\t\nconnected\tto\ta\tpotential\tgoing\tprivate\ttransaction,\twith\tcertain\tof\tthe\tlawsuits\tchallenging\tadditional\tTwitter\tposts\tby\tMr.\tMusk,\tamong\tother\tthings.\n\t\nFive\n\tof\tthose\tactions\twere\tconsolidated,\tand\tall\t\nseven\n\tactions\thave\tbeen\tstayed\tpending\tresolution\tof\tthe\tabove-referenced\tconsolidated\tpurported\n\t\nstockholder\tclass\taction.\tIn\taddition\tto\tthese\tcases,\t\ntwo\n\tderivative\tlawsuits\twere\tfiled\ton\tOctober\t25,\t2018\tand\tFebruary\t11,\t2019\tin\tthe\tU.S.\tDistrict\n\t\nCourt\tfor\tthe\tDistrict\tof\tDelaware,\tpurportedly\ton\tbehalf\tof\tTesla,\tagainst\tMr.\tMusk\tand\tthe\tmembers\tof\tthe\tTesla\tboard\tof\tdirectors\tas\tthen\n\t\nconstituted.\tThose\tcases\thave\talso\tbeen\tconsolidated\tand\tstayed\tpending\tresolution\tof\tthe\tabove-referenced\tconsolidated\tpurported\tstockholder\tclass\n\t\naction.\nOn\tOctober\t21,\t2022,\ta\tlawsuit\twas\tfiled\tin\tthe\tDelaware\tCourt\tof\tChancery\tby\ta\tpurported\tshareholder\tof\tTesla\talleging,\tamong\tother\tthings,\n\t\nthat\tboard\tmembers\tbreached\ttheir\tfiduciary\tduties\tin\tconnection\twith\ttheir\toversight\tof\tthe\tCompany\u2019s\t2018\tsettlement\twith\tthe\tSEC,\tas\tamended.\n\t\nAmong\tother\tthings,\tthe\tplaintiff\tseeks\treforms\tto\tthe\tCompany\u2019s\tcorporate\tgovernance\tand\tinternal\tprocedures,\tunspecified\tdamages,\tand\tattorneys\u2019\n\t\nfees.\tThe\tparties\treached\tan\tagreement\tto\tstay\tthe\tcase\tuntil\tMarch\t7,\t2023."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52f6a-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 84, "chroma:document": "Unless\totherwise\tstated,\tthe\tindividual\tdefendants\tnamed\tin\tthe\tstockholder\tproceedings\tdescribed\tabove\tand\tthe\tCompany\twith\trespect\tto\tthe\n\t\nstockholder\tclass\taction\tproceedings\tdescribed\tabove\tbelieve\tthat\tthe\tclaims\tin\tsuch\tproceedings\thave\tno\tmerit\tand\tintend\tto\tdefend\tagainst\tthem\n\t\nvigorously.\tWe\tare\tunable\tto\treasonably\testimate\tthe\tpossible\tloss\tor\trange\tof\tloss,\tif\tany,\tassociated\twith\tthese\tclaims.\nOn\tNovember\t15,\t2021,\tJPMorgan\tChase\tBank\t(\u201cJP\tMorgan\u201d)\tfiled\ta\tlawsuit\tagainst\tTesla\tin\tthe\tSouthern\tDistrict\tof\tNew\tYork\talleging\tbreach\tof\n\t\na\tstock\twarrant\tagreement\tthat\twas\tentered\tinto\tas\tpart\tof\ta\tconvertible\tnotes\toffering\tin\t2014.\tIn\t2018,\tJP\tMorgan\tinformed\tTesla\tthat\tit\thad\tadjusted\n\t\nthe\tstrike\tprice\tbased\tupon\tMr.\tMusk\u2019s\tAugust\t7,\t2018\tTwitter\tpost\tthat\the\twas\tconsidering\ttaking\tTesla\tprivate.\tTesla\tdisputed\tJP\tMorgan\u2019s\n\t\nadjustment\tas\ta\tviolation\tof\tthe\tparties\u2019\tagreement.\tIn\t2021,\tTesla\tdelivered\tshares\tto\tJP\tMorgan\tper\tthe\tagreement,\twhich\tthey\tduly\taccepted.\tJP\n\t\nMorgan\tnow\talleges\tthat\tit\tis\towed\tapproximately\t$\n162\n\tmillion\tas\tthe\tvalue\tof\tadditional\tshares\tthat\tit\tclaims\tshould\thave\tbeen\tdelivered\tas\ta\tresult\tof\n\t\nthe\tadjustment\tto\tthe\tstrike\tprice\tin\t2018.\tOn\tJanuary\t24,\t2022,\tTesla\tfiled\tmultiple\tcounterclaims\tas\tpart\tof\tits\tanswer\tto\tthe\tunderlying\tlawsuit,\n\t\nasserting\tamong\tother\tpoints\tthat\tJP\tMorgan\tshould\thave\tterminated\tthe\tstock\twarrant\tagreement\tin\t2018\trather\tthan\tmake\tan\tadjustment\tto\tthe\tstrike"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d52ff6-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 84, "chroma:document": "price\tthat\tit\tshould\thave\tknown\twould\tlead\tto\ta\tcommercially\tunreasonable\tresult.\tTesla\tbelieves\tthat\tthe\tadjustments\tmade\tby\tJP\tMorgan\twere\tneither\n\t\nproper\tnor\tcommercially\treasonable,\tas\trequired\tunder\tthe\tstock\twarrant\tagreements.\t\nJP\tMorgan\tfiled\ta\tmotion\tfor\tjudgment\ton\tthe\tpleadings,\twhich\n\t\nTesla\topposed,\tand\tthat\tmotion\tis\tcurrently\tpending\tbefore\tthe\tCourt.\n\t\n85"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53050-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 85, "chroma:document": "Litigation\tand\tInvestigations\tRelating\tto\tAlleged\tDiscrimination\tand\tHarassment\nOn\tOctober\t4,\t2021,\tin\ta\tcase\tcaptioned\t\nDiaz\tv.\tTesla\n,\ta\tjury\tin\tthe\tNorthern\tDistrict\tof\tCalifornia\treturned\ta\tverdict\tof\t$\n136.9\n\tmillion\tagainst\n\t\nTesla\ton\tclaims\tby\ta\tformer\tcontingent\tworker\tthat\the\twas\tsubjected\tto\trace\tdiscrimination\twhile\tassigned\tto\twork\tat\tTesla\u2019s\tFremont\tFactory\tfrom\n\t\n2015-2016.\tOn\tNovember\t16,\t2021,\tTesla\tfiled\ta\tpost-trial\tmotion\tfor\trelief\tthat\tincluded\ta\trequest\tfor\ta\tnew\ttrial\tor\treduction\tof\tthe\tjury\u2019s\tdamages.\n\t\nThe\tCourt\theld\ta\thearing\ton\tTesla\u2019s\tmotion\ton\tJanuary\t19,\t2022.\t\nOn\tApril\t13,\t2022,\tthe\tCourt\tgranted\tTesla\u2019s\tmotion\tin\tpart,\treducing\tthe\ttotal\n\t\ndamages\tto\t$\n15\n\tmillion\tand\tconditionally\tdenied\tthe\tmotion\tfor\ta\tnew\ttrial\tsubject\tto\tthe\tplaintiff\u2019s\tacceptance\tof\tthe\treduced\taward.\t\nOn\tJune\t21,\t2022,\n\t\nthe\tplaintiff\trejected\tthe\treduced\taward\tand,\tas\ta\tresult,\ton\tJune\t27,\t2022,\tthe\tCourt\tordered\ta\tnew\ttrial\ton\tdamages\tonly,\tto\tcommence\ton\tMarch\t27,\n\t\n2023.\tTesla\tcontinues\tto\tbelieve\tthat\tthe\tfacts\tand\tlaw\tdo\tnot\tjustify\tthe\tdamages\tawarded\tand\tis\tassessing\tits\tnext\tsteps.\n\t\nOn\tFebruary\t9,\t2022,\tshortly\tafter\tthe\t\nDiaz\n\tjury\tverdict,\tthe\tCalifornia\tCivil\tRights\tDepartment\t(\u201dCRD,\u201d\tformerly\t\u201cDFEH\u201d)\tfiled\ta\tcivil\tcomplaint\n\t\nagainst\tTesla\tin\tAlameda\tCounty,\tCalifornia\tSuperior\tCourt,\talleging\tsystemic\trace\tdiscrimination,\thostile\twork\tenvironment\tand\tpay\tequity\tclaims,"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d530aa-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 85, "chroma:document": "among\tothers.\tCRD\u2019s\tamended\tcomplaint\tseeks\tmonetary\tdamages\tand\tinjunctive\trelief.\tOn\tSeptember\t22,\t2022,\tTesla\tfiled\ta\tcross\tcomplaint\tagainst\n\t\nCRD,\talleging\tthat\tit\tviolated\tthe\tAdministrative\tProcedures\tAct\tby\tfailing\tto\tfollow\tstatutory\tpre-requisites\tprior\tto\tfiling\tsuit\tand\tthat\tcross\tcomplaint\n\t\nwas\tsubject\tto\ta\tsustained\tdemurrer.\tTesla\thas\tuntil\tFebruary\t3,\t2023\tto\tamend\tits\tcross\tcomplaint.\tThe\tcase\tis\tnow\tin\tdiscovery.\n\t\nAdditionally,\ton\tJune\t1,\t2022\tthe\tEqual\tEmployment\tOpportunity\tCommission\t(\u201cEEOC\u201d)\tissued\ta\tcause\tfinding\tagainst\tTesla\tthat\tclosely\tparallels\n\t\nthe\tCRD\u2019s\tallegations.\tTesla\tis\tin\tthe\tprocess\tof\tsetting\tup\ta\tmandatory\tmediation\twith\tthe\tEEOC.\n\t\nOn\tJune\t16,\t2022,\t\ntwo\n\tTesla\tstockholders\tfiled\tseparate\tderivative\tactions\tin\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\tWestern\tDistrict\tof\tTexas,\n\t\npurportedly\ton\tbehalf\tof\tTesla,\tagainst\tcertain\tof\tTesla\u2019s\tcurrent\tand\tformer\tdirectors.\tBoth\tsuits\tassert\tclaims\tfor\tbreach\tof\tfiduciary\tduty,\tunjust\n\t\nenrichment,\tand\tviolation\tof\tthe\tfederal\tsecurities\tlaws\tin\tconnection\twith\talleged\trace\tand\tgender\tdiscrimination\tand\tsexual\tharassment.\tAmong\tother\n\t\nthings,\tplaintiffs\tseek\tdeclaratory\tand\tinjunctive\trelief,\tunspecified\tdamages\tpayable\tto\tTesla,\tand\tattorneys\u2019\tfees.\tOn\tJuly\t22,\t2022,\tthe\tCourt\n\t\nconsolidated\tthe\t\ntwo\n\tcases\tand\ton\tSeptember\t6,\t2022,\tplaintiffs\tfiled\ta\tconsolidated\tcomplaint.\tOn\tNovember\t7,\t2022,\tthe\tdefendants\tfiled\ta\tmotion\tto"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5310e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 85, "chroma:document": "dismiss\tthe\tcase.\tPlaintiffs\tfiled\ta\tresponse\tof\tJanuary\t13,\t2023,\tand\tthe\tdefendants\u2019\treply\tis\tdue\tFebruary\t17,\t2023.\n\t\nCertain\tInvestigations\tand\tOther\tMatters\nWe\treceive\trequests\tfor\tinformation\tfrom\tregulators\tand\tgovernmental\tauthorities,\tsuch\tas\tthe\tNational\tHighway\tTraffic\tSafety\tAdministration,\n\t\nthe\tNational\tTransportation\tSafety\tBoard,\tthe\tSEC,\tthe\tDepartment\tof\tJustice\t(\u201cDOJ\u201d)\tand\tvarious\tstate,\tfederal,\tand\tinternational\tagencies.\tWe\n\t\nroutinely\tcooperate\twith\tsuch\tregulatory\tand\tgovernmental\trequests,\tincluding\tsubpoenas,\tformal\tand\tinformal\trequests\tand\tother\tinvestigations\tand\n\t\ninquiries.\nFor\texample,\tthe\tSEC\thad\tissued\tsubpoenas\tto\tTesla\tin\tconnection\twith\tElon\tMusk\u2019s\tprior\tstatement\tthat\the\twas\tconsidering\ttaking\tTesla\n\t\nprivate.\tThe\ttake-private\tinvestigation\twas\tresolved\tand\tclosed\twith\ta\tsettlement\tentered\tinto\twith\tthe\tSEC\tin\tSeptember\t2018\tand\tas\tfurther\tclarified\n\t\nin\tApril\t2019\tin\tan\tamendment.\tThe\tSEC\talso\thas\tperiodically\tissued\tsubpoenas\tto\tus\tseeking\tinformation\ton\tour\tgovernance\tprocesses\taround\n\t\ncompliance\twith\tthe\tSEC\tsettlement,\tas\tamended.\n\t\nSeparately,\tthe\tcompany\thas\treceived\trequests\tfrom\tthe\tDOJ\tfor\tdocuments\trelated\tto\tTesla\u2019s\tAutopilot\tand\tFSD\tfeatures.\tTo\tour\tknowledge\tno\n\t\ngovernment\tagency\tin\tany\tongoing\tinvestigation\thas\tconcluded\tthat\tany\twrongdoing\toccurred.\tWe\tcannot\tpredict\tthe\toutcome\tor\timpact\tof\tany\tongoing\n\t\nmatters.\tShould\tthe\tgovernment\tdecide\tto\tpursue\tan\tenforcement\taction,\tthere\texists\tthe\tpossibility\tof\ta\tmaterial\tadverse\timpact\ton\tour\tbusiness,\n\t\nresults\tof\toperation,\tprospects,\tcash\tflows\tand\tfinancial\tposition."}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53168-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 85, "chroma:document": "We\tare\talso\tsubject\tto\tvarious\tother\tlegal\tproceedings\tand\tclaims\tthat\tarise\tfrom\tthe\tnormal\tcourse\tof\tbusiness\tactivities.\tIf\tan\tunfavorable\n\t\nruling\tor\tdevelopment\twere\tto\toccur,\tthere\texists\tthe\tpossibility\tof\ta\tmaterial\tadverse\timpact\ton\tour\tbusiness,\tresults\tof\toperations,\tprospects,\tcash\n\t\nflows,\tfinancial\tposition\tand\tbrand.\n86"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d531cc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 86, "chroma:document": "Letters\tof\tCredit\nAs\tof\tDecember\t31,\t2022\n,\twe\thad\t$\n318\n\tmillion\tof\tunused\tletters\tof\tcredit\toutstanding.\nNote\t16\t\u2013\tVariable\tInterest\tEntity\tArrangements\nWe\thave\tentered\tinto\tvarious\tarrangements\twith\tinvestors\tto\tfacilitate\tthe\tfunding\tand\tmonetization\tof\tour\tsolar\tenergy\tsystems\tand\tvehicles.\tIn\n\t\nparticular,\tour\twholly\towned\tsubsidiaries\tand\tfund\tinvestors\thave\tformed\tand\tcontributed\tcash\tand\tassets\tinto\tvarious\tfinancing\tfunds\tand\tentered\tinto\n\t\nrelated\tagreements.\tWe\thave\tdetermined\tthat\tthe\tfunds\tare\tVIEs\tand\twe\tare\tthe\tprimary\tbeneficiary\tof\tthese\tVIEs\tby\treference\tto\tthe\tpower\tand\n\t\nbenefits\tcriterion\tunder\tASC\t810.\tWe\thave\tconsidered\tthe\tprovisions\twithin\tthe\tagreements,\twhich\tgrant\tus\tthe\tpower\tto\tmanage\tand\tmake\tdecisions\n\t\nthat\taffect\tthe\toperation\tof\tthese\tVIEs,\tincluding\tdetermining\tthe\tsolar\tenergy\tsystems\tand\tthe\tassociated\tcustomer\tcontracts\tto\tbe\tsold\tor\tcontributed\n\t\nto\tthese\tVIEs,\tredeploying\tsolar\tenergy\tsystems\tand\tmanaging\tcustomer\treceivables.\tWe\tconsider\tthat\tthe\trights\tgranted\tto\tthe\tfund\tinvestors\tunder\n\t\nthe\tagreements\tare\tmore\tprotective\tin\tnature\trather\tthan\tparticipating.\nAs\tthe\tprimary\tbeneficiary\tof\tthese\tVIEs,\twe\tconsolidate\tin\tthe\tfinancial\tstatements\tthe\tfinancial\tposition,\tresults\tof\toperations\tand\tcash\tflows\tof\n\t\nthese\tVIEs,\tand\tall\tintercompany\tbalances\tand\ttransactions\tbetween\tus\tand\tthese\tVIEs\tare\teliminated\tin\tthe\tconsolidated\tfinancial\tstatements.\tCash\n\t\ndistributions\tof\tincome\tand\tother\treceipts\tby\ta\tfund,\tnet\tof\tagreed\tupon\texpenses,\testimated\texpenses,\ttax\tbenefits\tand\tdetriments\tof\tincome\tand\tloss"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53226-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 86, "chroma:document": "and\ttax\tcredits,\tare\tallocated\tto\tthe\tfund\tinvestor\tand\tour\tsubsidiary\tas\tspecified\tin\tthe\tagreements.\nGenerally,\tour\tsubsidiary\thas\tthe\toption\tto\tacquire\tthe\tfund\tinvestor\u2019s\tinterest\tin\tthe\tfund\tfor\tan\tamount\tbased\ton\tthe\tmarket\tvalue\tof\tthe\tfund\tor\n\t\nthe\tformula\tspecified\tin\tthe\tagreements.\nUpon\tthe\tsale\tor\tliquidation\tof\ta\tfund,\tdistributions\twould\toccur\tin\tthe\torder\tand\tpriority\tspecified\tin\tthe\tagreements.\nPursuant\tto\tmanagement\tservices,\tmaintenance\tand\twarranty\tarrangements,\twe\thave\tbeen\tcontracted\tto\tprovide\tservices\tto\tthe\tfunds,\tsuch\tas\n\t\noperations\tand\tmaintenance\tsupport,\taccounting,\tlease\tservicing\tand\tperformance\treporting.\tIn\tsome\tinstances,\twe\thave\tguaranteed\tpayments\tto\tthe\n\t\nfund\tinvestors\tas\tspecified\tin\tthe\tagreements.\tA\tfund\u2019s\tcreditors\thave\tno\trecourse\tto\tour\tgeneral\tcredit\tor\tto\tthat\tof\tother\tfunds.\tCertain\tassets\tof\tthe\n\t\nfunds\thave\tbeen\tpledged\tas\tcollateral\tfor\ttheir\tobligations.\nThe\taggregate\tcarrying\tvalues\tof\tthe\tVIEs\u2019\tassets\tand\tliabilities,\tafter\telimination\tof\tany\tintercompany\ttransactions\tand\tbalances,\tin\tthe\n\t\nconsolidated\tbalance\tsheets\twere\tas\tfollows\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nAssets\n\t\n\t\n\t\n\t\n\t\n\t\nCurrent\tassets\n\t\n\t\n\t\n\t\n\t\n\t\nCash\tand\tcash\tequivalents\n\t\n$\n68\n\t\n\t\n$\n87\n\t\nAccounts\treceivable,\tnet\n\t\n\t\n22\n\t\n\t\n\t\n24\n\t\nPrepaid\texpenses\tand\tother\tcurrent\tassets\n\t\n\t\n274\n\t\n\t\n\t\n152\n\t\nTotal\tcurrent\tassets\n\t\n\t\n364\n\t\n\t\n\t\n263"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53280-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 86, "chroma:document": "364\n\t\n\t\n\t\n263\n\t\nSolar\tenergy\tsystems,\tnet\n\t\n\t\n4,060\n\t\n\t\n\t\n4,515\n\t\nOther\tnon-current\tassets\n\t\n\t\n404\n\t\n\t\n\t\n276\n\t\nTotal\tassets\n\t\n$\n4,828\n\t\n\t\n$\n5,054\n\t\nLiabilities\n\t\n\t\n\t\n\t\n\t\n\t\nCurrent\tliabilities\n\t\n\t\n\t\n\t\n\t\n\t\nAccrued\tliabilities\tand\tother\n\t\n$\n69\n\t\n\t\n$\n74\n\t\nDeferred\trevenue\n\t\n\t\n10\n\t\n\t\n\t\n11\n\t\nCurrent\tportion\tof\tdebt\tand\tfinance\tleases\n\t\n\t\n1,013\n\t\n\t\n\t\n1,031\n\t\nTotal\tcurrent\tliabilities\n\t\n\t\n1,092\n\t\n\t\n\t\n1,116\n\t\nDeferred\trevenue,\tnet\tof\tcurrent\tportion\n\t\n\t\n149\n\t\n\t\n\t\n161\n\t\nDebt\tand\tfinance\tleases,\tnet\tof\tcurrent\tportion\n\t\n\t\n971\n\t\n\t\n\t\n2,093\n\t\nOther\tlong-term\tliabilities\n\t\n\t\n3\n\t\n\t\n\t\n11\n\t\nTotal\tliabilities\n\t\n$\n2,215\n\t\n\t\n$\n3,381\n\t\n\t\nNote\t17\t\u2013\tRelated\tParty\tTransactions\nIn\tFebruary\t2020,\tour\tCEO\tand\ta\tmember\tof\tour\tBoard\tof\tDirectors\tpurchased\tfrom\tus\t\n195,555\n\tand\t\n18,750\n\tshares,\trespectively,\tas\tadjusted\tto\n\t\ngive\teffect\tto\tthe\t2022\tStock\tSplit,\tof\tour\tcommon\tstock\tin\ta\tpublic\toffering\tat\tthe\tpublic\toffering\tprice\tfor\tan\taggregate\t$\n10\n\tmillion\tand\t$\n1\n\tmillion,\n\t\nrespectively.\n87"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d532e4-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 87, "chroma:document": "In\tJune\t2020,\tour\tCEO\tentered\tinto\tan\tindemnification\tagreement\twith\tus\tfor\tan\tinterim\tterm\tof\t\n90\n\tdays.\tDuring\tthe\tinterim\tterm,\twe\tresumed\n\t\nour\tannual\tevaluation\tof\tall\tavailable\toptions\tfor\tproviding\tdirectors\u2019\tand\tofficers\u2019\tindemnity\tcoverage,\twhich\twe\thad\tsuspended\tduring\tthe\theight\tof\n\t\nshelter-in-place\trequirements\trelated\tto\tthe\tCOVID-19\tpandemic.\tAs\tpart\tof\tsuch\tprocess,\twe\tobtained\ta\tbinding\tmarket\tquote\tfor\ta\tdirectors\u2019\tand\n\t\nofficers\u2019\tliability\tinsurance\tpolicy\twith\tan\taggregate\tcoverage\tlimit\tof\t$\n100\n\tmillion.\nPursuant\tto\tthe\tindemnification\tagreement,\tour\tCEO\tprovided,\tfrom\this\tpersonal\tfunds,\tdirectors\u2019\tand\tofficers\u2019\tindemnity\tcoverage\tto\tus\tduring\n\t\nthe\tinterim\tterm\tin\tthe\tevent\tsuch\tcoverage\tis\tnot\tindemnifiable\tby\tus,\tup\tto\ta\ttotal\tof\t$\n100\n\tmillion.\tIn\treturn,\twe\tpaid\tour\tCEO\ta\ttotal\tof\t$\n3\n\tmillion,\n\t\nwhich\trepresents\tthe\tmarket-based\tpremium\tfor\tthe\tmarket\tquote\tdescribed\tabove\tas\tprorated\tfor\t90\tdays\tand\tfurther\tdiscounted\tby\t\n50\n%.\tFollowing\n\t\nthe\tlapse\tof\tthe\t90-day\tperiod,\twe\tdid\tnot\textend\tthe\tterm\tof\tthe\tindemnification\tagreement\twith\tour\tCEO\tand\tinstead\tbound\ta\tcustomary\tdirectors\u2019\tand\n\t\nofficers\u2019\tliability\tinsurance\tpolicy\twith\tthird-party\tcarriers.\nIn\trelation\tto\tour\tCEO\u2019s\texercise\tof\tstock\toptions\tand\tsale\tof\tcommon\tstock\tfrom\tthe\t2012\tCEO\tPerformance\tAward,\tTesla\twithheld\tthe\n\t\nappropriate\tamount\tof\ttaxes.\tHowever,\tgiven\tthe\tsignificant\tamounts\tinvolved,\tour\tCEO\tentered\tinto\tan\tindemnification\tagreement\twith\tus\tin"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5333e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 87, "chroma:document": "November\t2021\tfor\tadditional\ttaxes\towed,\tif\tany.\n\t\nTesla\tperiodically\tdoes\tbusiness\twith\tcertain\tentities\twith\twhich\tits\tCEO\tand\tdirectors\tare\taffiliated,\tsuch\tas\tSpaceX\tand\tTwitter,\tInc.,\tin\n\t\naccordance\twith\tour\tRelated\tPerson\tTransactions\tPolicy.\tSuch\ttransactions\thave\tnot\thad\tto\tdate,\tand\tare\tnot\tcurrently\texpected\tto\thave,\ta\tmaterial\n\t\nimpact\ton\tour\tconsolidated\tfinancial\tstatements.\n\t\nNote\t18\t\u2013\tSegment\tReporting\tand\tInformation\tabout\tGeographic\tAreas\nWe\thave\t\ntwo\n\toperating\tand\treportable\tsegments:\t(i)\tautomotive\tand\t(ii)\tenergy\tgeneration\tand\tstorage.\tThe\tautomotive\tsegment\tincludes\tthe\n\t\ndesign,\tdevelopment,\tmanufacturing,\tsales\tand\tleasing\tof\telectric\tvehicles\tas\twell\tas\tsales\tof\tautomotive\tregulatory\tcredits.\tAdditionally,\tthe\tautomotive\n\t\nsegment\tis\talso\tcomprised\tof\tservices\tand\tother,\twhich\tincludes\tnon-warranty\tafter-sales\tvehicle\tservices\tand\tparts,\tpaid\tSupercharging,\tsales\tof\tused\n\t\nvehicles,\tretail\tmerchandise\tand\tvehicle\tinsurance\trevenue.\tThe\tenergy\tgeneration\tand\tstorage\tsegment\tincludes\tthe\tdesign,\tmanufacture,\tinstallation,\n\t\nsales\tand\tleasing\tof\tsolar\tenergy\tgeneration\tand\tenergy\tstorage\tproducts\tand\trelated\tservices\tand\tsales\tof\tsolar\tenergy\tsystems\tincentives.\tOur\tCODM\n\t\ndoes\tnot\tevaluate\toperating\tsegments\tusing\tasset\tor\tliability\tinformation.\t\nThe\tfollowing\ttable\tpresents\trevenues\tand\tgross\tprofit\tby\treportable\tsegment\n\t\n(in\tmillions):\n\t\n\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nAutomotive\tsegment\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nRevenues\n\t\n$\n77,553\n\t\n\t\n$\n51,034\n\t\n\t\n$"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53398-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 87, "chroma:document": "$\n51,034\n\t\n\t\n$\n29,542\n\t\nGross\tprofit\n\t\n$\n20,565\n\t\n\t\n$\n13,735\n\t\n\t\n$\n6,612\n\t\nEnergy\tgeneration\tand\tstorage\tsegment\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\nRevenues\n\t\n$\n3,909\n\t\n\t\n$\n2,789\n\t\n\t\n$\n1,994\n\t\nGross\tprofit\n\t\n$\n288\n\t\n\t\n$\n(\n129\n)\n\t\n$\n18\n\t\n\t\nThe\tfollowing\ttable\tpresents\trevenues\tby\tgeographic\tarea\tbased\ton\tthe\tsales\tlocation\tof\tour\tproducts\t(in\tmillions):\n\t\n\t\t\t\n\t\nYear\tEnded\tDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\n\t\n2020\n\t\nUnited\tStates\n\t\n$\n40,553\n\t\n\t\n$\n23,973\n\t\n\t\n$\n15,207\n\t\nChina\n\t\n\t\n18,145\n\t\n\t\n\t\n13,844\n\t\n\t\n\t\n6,662\n\t\nOther\n\t\n\t\n22,764\n\t\n\t\n\t\n16,006\n\t\n\t\n\t\n9,667\n\t\nTotal\n\t\n$\n81,462\n\t\n\t\n$\n53,823\n\t\n\t\n$\n31,536\n\t\nThe\tfollowing\ttable\tpresents\tlong-lived\tassets\tby\tgeographic\tarea\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nUnited\tStates\n\t\n$\n21,667\n\t\n\t\n$\n19,026\n\t\nGermany\n\t\n\t\n3,547\n\t\n\t\n\t\n2,606\n\t\nChina\n\t\n\t\n2,978\n\t\n\t\n\t\n2,415\n\t\nOther\tinternational\n\t\n\t\n845\n\t\n\t\n\t\n602\n\t\nTotal\n\t\n$\n29,037"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d533fc-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 87, "chroma:document": "602\n\t\nTotal\n\t\n$\n29,037\n\t\n\t\n$\n24,649\n\t\n\t\n88"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53456-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 88, "chroma:document": "The\tfollowing\ttable\tpresents\tinventory\tby\treportable\tsegment\t(in\tmillions):\n\t\n\t\n\t\nDecember\t31,\n\t\n\t\nDecember\t31,\n\t\n\t\n\t\n2022\n\t\n\t\n2021\n\t\nAutomotive\n\t\n$\n10,996\n\t\n\t\n$\n4,978\n\t\nEnergy\tgeneration\tand\tstorage\n\t\n\t\n1,843\n\t\n\t\n\t\n779\n\t\nTotal\n\t\n$\n12,839\n\t\n\t\n$\n5,757\n\t\n\t\nNote\t19\t\u2013\tRestructuring\tand\tOther\nDuring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021\n,\twe\t\nrecorded\n\t$\n204\n\tmillion\tand\t$\n101\n\tmillion,\trespectively,\tof\timpairment\tlosses\ton\tdigital\n\t\nassets.\tDuring\tthe\t\nyears\tended\tDecember\t31,\t2022\tand\t2021\n,\twe\talso\trealized\tgains\tof\t$\n64\n\tmillion\tand\t$\n128\n\tmillion,\trespectively,\tin\tconnection\twith\n\t\nconverting\tour\tholdings\tof\tdigital\tassets\tinto\tfiat\tcurrency.\tAdditionally,\twe\trecorded\tother\texpenses\tof\t$\n36\n\tmillion\tin\tthe\tsecond\tquarter\tduring\tthe\n\t\nyear\tended\tDecember\t31,\t2022\n.\n\t\n89"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d534b0-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 89, "chroma:document": "ITEM\t9.\t\nCHANGES\tIN\tAND\tDISAGREEMENTS\tWITH\tACCOUNTANTS\tON\tACCOUNTING\tAND\tFINANCIAL\tDISCLOSURE\nNone.\nITEM\t9A.\t\nCONTROLS\tAND\tPROCEDURES\nEvaluation\tof\tDisclosure\tControls\tand\tProcedures\nOur\tmanagement,\twith\tthe\tparticipation\tof\tour\tChief\tExecutive\tOfficer\tand\tour\tChief\tFinancial\tOfficer,\tevaluated\tthe\teffectiveness\tof\tour\n\t\ndisclosure\tcontrols\tand\tprocedures\tpursuant\tto\tRule\t13a-15\tunder\tthe\tSecurities\tExchange\tAct\tof\t1934,\tas\tamended\t(the\t\u201cExchange\tAct\u201d).\tIn\tdesigning\n\t\nand\tevaluating\tthe\tdisclosure\tcontrols\tand\tprocedures,\tour\tmanagement\trecognizes\tthat\tany\tcontrols\tand\tprocedures,\tno\tmatter\thow\twell\tdesigned\tand\n\t\noperated,\tcan\tprovide\tonly\treasonable\tassurance\tof\tachieving\tthe\tdesired\tcontrol\tobjectives.\tIn\taddition,\tthe\tdesign\tof\tdisclosure\tcontrols\tand\n\t\nprocedures\tmust\treflect\tthe\tfact\tthat\tthere\tare\tresource\tconstraints\tand\tthat\tour\tmanagement\tis\trequired\tto\tapply\tits\tjudgment\tin\tevaluating\tthe\n\t\nbenefits\tof\tpossible\tcontrols\tand\tprocedures\trelative\tto\ttheir\tcosts.\nBased\ton\tthis\tevaluation,\tour\tChief\tExecutive\tOfficer\tand\tour\tChief\tFinancial\tOfficer\tconcluded\tthat,\tas\tof\tDecember\t31,\t2022,\tour\tdisclosure\n\t\ncontrols\tand\tprocedures\twere\tdesigned\tat\ta\treasonable\tassurance\tlevel\tand\twere\teffective\tto\tprovide\treasonable\tassurance\tthat\tthe\tinformation\twe\tare\n\t\nrequired\tto\tdisclose\tin\treports\tthat\twe\tfile\tor\tsubmit\tunder\tthe\tExchange\tAct\tis\trecorded,\tprocessed,\tsummarized\tand\treported\twithin\tthe\ttime\tperiods\n\t\nspecified\tin\tthe\tSEC\trules\tand\tforms,\tand\tthat\tsuch\tinformation\tis\taccumulated\tand\tcommunicated\tto\tour\tmanagement,\tincluding\tour\tChief\tExecutive"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53514-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 89, "chroma:document": "Officer\tand\tour\tChief\tFinancial\tOfficer,\tas\tappropriate,\tto\tallow\ttimely\tdecisions\tregarding\trequired\tdisclosures.\nManagement\u2019s\tReport\ton\tInternal\tControl\tover\tFinancial\tReporting\nOur\tmanagement\tis\tresponsible\tfor\testablishing\tand\tmaintaining\tadequate\tinternal\tcontrol\tover\tfinancial\treporting.\tInternal\tcontrol\tover\n\t\nfinancial\treporting\tis\ta\tprocess\tdesigned\tby,\tor\tunder\tthe\tsupervision\tof,\tour\tChief\tExecutive\tOfficer\tand\tChief\tFinancial\tOfficer\tto\tprovide\treasonable\n\t\nassurance\tregarding\tthe\treliability\tof\tfinancial\treporting\tand\tthe\tpreparation\tof\tfinancial\tstatements\tfor\texternal\tpurposes\tin\taccordance\twith\tgenerally\n\t\naccepted\taccounting\tprinciples\tand\tincludes\tthose\tpolicies\tand\tprocedures\tthat\t(1)\tpertain\tto\tthe\tmaintenance\tof\trecords\tthat\tin\treasonable\tdetail\n\t\naccurately\tand\tfairly\treflect\tthe\ttransactions\tand\tdispositions\tof\tour\tassets;\t(2)\tprovide\treasonable\tassurance\tthat\ttransactions\tare\trecorded\tas\n\t\nnecessary\tto\tpermit\tpreparation\tof\tfinancial\tstatements\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples,\tand\tthat\tour\treceipts\tand\n\t\nexpenditures\tare\tbeing\tmade\tonly\tin\taccordance\twith\tauthorizations\tof\tour\tmanagement\tand\tdirectors\tand\t(3)\tprovide\treasonable\tassurance\tregarding\n\t\nprevention\tor\ttimely\tdetection\tof\tunauthorized\tacquisition,\tuse\tor\tdisposition\tof\tour\tassets\tthat\tcould\thave\ta\tmaterial\teffect\ton\tthe\tfinancial\tstatements.\nUnder\tthe\tsupervision\tand\twith\tthe\tparticipation\tof\tour\tmanagement,\tincluding\tour\tChief\tExecutive\tOfficer\tand\tChief\tFinancial\tOfficer,\twe\n\t\nconducted\tan\tevaluation\tof\tthe\teffectiveness\tof\tour\tinternal\tcontrol\tover\tfinancial\treporting\tbased\ton\tcriteria\testablished\tin\tInternal\tControl\t\u2013\n\t\nIntegrated\tFramework\t(2013)\tissued\tby\tthe\tCommittee\tof\tSponsoring\tOrganizations\tof\tthe\tTreadway\tCommission\t(\u201cCOSO\u201d).\tOur\tmanagement"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d5356e-f41d-11ee-a3fb-0242ac1c000c
encoding: FLOAT32
metadata:
{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 89, "chroma:document": "concluded\tthat\tour\tinternal\tcontrol\tover\tfinancial\treporting\twas\teffective\tas\tof\tDecember\t31,\t2022.\nOur\tindependent\tregistered\tpublic\taccounting\tfirm,\tPricewaterhouseCoopers\tLLP,\thas\taudited\tthe\teffectiveness\tof\tour\tinternal\tcontrol\tover\n\t\nfinancial\treporting\tas\tof\tDecember\t31,\t2022,\tas\tstated\tin\ttheir\treport\twhich\tis\tincluded\therein.\nLimitations\ton\tthe\tEffectiveness\tof\tControls\nBecause\tof\tinherent\tlimitations,\tinternal\tcontrol\tover\tfinancial\treporting\tmay\tnot\tprevent\tor\tdetect\tmisstatements\tand\tprojections\tof\tany\n\t\nevaluation\tof\teffectiveness\tto\tfuture\tperiods\tare\tsubject\tto\tthe\trisk\tthat\tcontrols\tmay\tbecome\tinadequate\tbecause\tof\tchanges\tin\tconditions,\tor\tthat\tthe\n\t\ndegree\tof\tcompliance\twith\tthe\tpolicies\tor\tprocedures\tmay\tdeteriorate.\nChanges\tin\tInternal\tControl\tover\tFinancial\tReporting\nThere\twas\tno\tchange\tin\tour\tinternal\tcontrol\tover\tfinancial\treporting\tthat\toccurred\tduring\tthe\tquarter\tended\tDecember\t31,\t2022,\twhich\thas\n\t\nmaterially\taffected,\tor\tis\treasonably\tlikely\tto\tmaterially\taffect,\tour\tinternal\tcontrol\tover\tfinancial\treporting.\nITEM\t9B.\t\nOTHER\tINFORMATION\nNone.\nITEM\t9C.\t\nDISCLOSURE\tREGARDING\tFOREIGN\tJURISDICTIONS\tTHAT\tPREVENT\tINSPECTIONS\nNot\tapplicable.\n90"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 90, "chroma:document": "PART\tIII\nITEM\t10.\t\nDIRECTORS,\tEXECUTIVE\tOFFICERS\tAND\tCORPORATE\tGOVERNANCE\nThe\tinformation\trequired\tby\tthis\tItem\t10\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2023\tProxy\tStatement\tto\tbe\tfiled\twith\tthe\tSecurities\tand\tExchange\n\t\nCommission\tin\tconnection\twith\tthe\tsolicitation\tof\tproxies\tfor\tour\t2023\tAnnual\tMeeting\tof\tStockholders\tand\tis\tincorporated\therein\tby\treference.\tThe\n\t\n2023\tProxy\tStatement\twill\tbe\tfiled\twith\tthe\tSecurities\tand\tExchange\tCommission\twithin\t120\tdays\tafter\tthe\tend\tof\tthe\tfiscal\tyear\tto\twhich\tthis\treport\n\t\nrelates.\nITEM\t11.\t\nEXECUTIVE\tCOMPENSATION\nThe\tinformation\trequired\tby\tthis\tItem\t11\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2023\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\nITEM\t12.\t\nSECURITY\tOWNERSHIP\tOF\tCERTAIN\tBENEFICIAL\tOWNERS\tAND\tMANAGEMENT\tAND\tRELATED\tSTOCKHOLDER\tMATTERS\nThe\tinformation\trequired\tby\tthis\tItem\t12\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2023\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\nITEM\t13.\t\nCERTAIN\tRELATIONSHIPS\tAND\tRELATED\tTRANSACTIONS\tAND\tDIRECTOR\tINDEPENDENCE\nThe\tinformation\trequired\tby\tthis\tItem\t13\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2023\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\nITEM\t14.\t\nPRINCIPAL\tACCOUNTANT\tFEES\tAND\tSERVICES\nThe\tinformation\trequired\tby\tthis\tItem\t14\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2023\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\n91"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 91, "chroma:document": "PART\tIV\nITEM\t15.\t\nEXHIBITS\tAND\tFINANCIAL\tSTATEMENT\tSCHEDULES\n1.\tFinancial\tstatements\t(see\t\nIndex\tto\tConsolidated\tFinancial\tStatements\n\tin\tPart\tII,\tItem\t8\tof\tthis\treport)\n2.\tAll\tfinancial\tstatement\tschedules\thave\tbeen\tomitted\tsince\tthe\trequired\tinformation\twas\tnot\tapplicable\tor\twas\tnot\tpresent\tin\tamounts\tsufficient\tto\n\t\nrequire\tsubmission\tof\tthe\tschedules,\tor\tbecause\tthe\tinformation\trequired\tis\tincluded\tin\tthe\tconsolidated\tfinancial\tstatements\tor\tthe\n\t\naccompanying\tnotes\n3.\tThe\texhibits\tlisted\tin\tthe\tfollowing\t\nIndex\tto\tExhibits\n\tare\tfiled\tor\tincorporated\tby\treference\tas\tpart\tof\tthis\treport\n\t\n\t\n\t\n92"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 92, "chroma:document": "INDEX\tTO\tEXHIBITS\n\t\nExhibit\n\t\n\t\n\t\nIncorporated\tby\tReference\n\t\nFiled\nNumber\n\t\nExhibit\tDescription\n\t\nForm\n\t\nFile\tNo.\n\t\nExhibit\n\t\nFiling\tDate\n\t\nHerewith\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t3.1\n\t\t\n\t\nAmended\tand\tRestated\tCertificate\tof\tIncorporation\tof\n\t\nthe\tRegistrant.\n\t\t\n\t\n10-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n3.1\n\t\t\n\t\nMarch\t1,\t2017\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t3.2\n\t\nCertificate\tof\tAmendment\tto\tthe\tAmended\tand\n\t\nRestated\tCertificate\tof\tIncorporation\tof\tthe\n\t\nRegistrant.\n\t\n10-K\n\t\n001-34756\n\t\n3.2\n\t\nMarch\t1,\t2017\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t3.3\n\t\t\n\t\nAmended\tand\tRestated\tBylaws\tof\tthe\tRegistrant.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n3.2\n\t\t\n\t\nFebruary\t1,\t2017\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.1\n\t\t\n\t\nSpecimen\tcommon\tstock\tcertificate\tof\tthe\tRegistrant.\n\t\t\n\t\n10-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nMarch\t1,\t2017\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.2\n\t\t\n\t\nFifth\tAmended\tand\tRestated\tInvestors\u2019\tRights"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 92, "chroma:document": "Agreement,\tdated\tas\tof\tAugust\t31,\t2009,\tbetween\n\t\nRegistrant\tand\tcertain\tholders\tof\tthe\tRegistrant\u2019s\n\t\ncapital\tstock\tnamed\ttherein.\n\t\t\n\t\nS-1\n\t\t\n\t\n333-164593\n\t\t\n\t\n4.2\n\t\t\n\t\nJanuary\t29,\t2010\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.3\n\t\t\n\t\nAmendment\tto\tFifth\tAmended\tand\tRestated\tInvestors\u2019\n\t\nRights\tAgreement,\tdated\tas\tof\tMay\t20,\t2010,\tbetween\n\t\nRegistrant\tand\tcertain\tholders\tof\tthe\tRegistrant\u2019s\n\t\ncapital\tstock\tnamed\ttherein.\n\t\t\n\t\nS-1/A\n\t\t\n\t\n333-164593\n\t\t\n\t\n4.2A\n\t\t\n\t\nMay\t27,\t2010\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.4\n\t\t\n\t\nAmendment\tto\tFifth\tAmended\tand\tRestated\tInvestors\u2019\n\t\nRights\tAgreement\tbetween\tRegistrant,\tToyota\tMotor\n\t\nCorporation\tand\tcertain\tholders\tof\tthe\tRegistrant\u2019s\n\t\ncapital\tstock\tnamed\ttherein.\n\t\t\n\t\nS-1/A\n\t\t\n\t\n333-164593\n\t\t\n\t\n4.2B\n\t\t\n\t\nMay\t27,\t2010\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.5\n\t\t\n\t\nAmendment\tto\tFifth\tAmended\tand\tRestated\tInvestor\u2019s\n\t\nRights\tAgreement,\tdated\tas\tof\tJune\t14,\t2010,\n\t\nbetween\tRegistrant\tand\tcertain\tholders\tof\tthe\n\t\nRegistrant\u2019s\tcapital\tstock\tnamed\ttherein.\n\t\t\n\t\nS-1/A\n\t\t\n\t\n333-164593"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 92, "chroma:document": "333-164593\n\t\t\n\t\n4.2C\n\t\t\n\t\nJune\t15,\t2010\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.6\n\t\t\n\t\nAmendment\tto\tFifth\tAmended\tand\tRestated\tInvestor\u2019s\n\t\nRights\tAgreement,\tdated\tas\tof\tNovember\t2,\t2010,\n\t\nbetween\tRegistrant\tand\tcertain\tholders\tof\tthe\n\t\nRegistrant\u2019s\tcapital\tstock\tnamed\ttherein.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nNovember\t4,\t2010\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.7\n\t\t\n\t\nWaiver\tto\tFifth\tAmended\tand\tRestated\tInvestor\u2019s\n\t\nRights\tAgreement,\tdated\tas\tof\tMay\t22,\t2011,\tbetween\n\t\nRegistrant\tand\tcertain\tholders\tof\tthe\tRegistrant\u2019s\n\t\ncapital\tstock\tnamed\ttherein.\n\t\t\n\t\nS-1/A\n\t\t\n\t\n333-174466\n\t\t\n\t\n4.2E\n\t\t\n\t\nJune\t2,\t2011\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.8\n\t\t\n\t\nAmendment\tto\tFifth\tAmended\tand\tRestated\tInvestor\u2019s\n\t\nRights\tAgreement,\tdated\tas\tof\tMay\t30,\t2011,\tbetween\n\t\nRegistrant\tand\tcertain\tholders\tof\tthe\tRegistrant\u2019s\n\t\ncapital\tstock\tnamed\ttherein.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nJune\t1,\t2011\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.9"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 92, "chroma:document": "4.9\n\t\t\n\t\nSixth\tAmendment\tto\tFifth\tAmended\tand\tRestated\n\t\nInvestors\u2019\tRights\tAgreement,\tdated\tas\tof\tMay\t15,\n\t\n2013\tamong\tthe\tRegistrant,\tthe\tElon\tMusk\tRevocable\n\t\nTrust\tdated\tJuly\t22,\t2003\tand\tcertain\tother\tholders\tof\n\t\nthe\tcapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nMay\t20,\t2013\n\t\t\n\t\n\t\n\t\n93"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 93, "chroma:document": "Exhibit\n\t\n\t\n\t\nIncorporated\tby\tReference\n\t\nFiled\nNumber\n\t\nExhibit\tDescription\n\t\nForm\n\t\nFile\tNo.\n\t\nExhibit\n\t\nFiling\tDate\n\t\nHerewith\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.10\n\t\t\n\t\nWaiver\tto\tFifth\tAmended\tand\tRestated\tInvestor\u2019s\n\t\nRights\tAgreement,\tdated\tas\tof\tMay\t14,\t2013,\tbetween\n\t\nthe\tRegistrant\tand\tcertain\tholders\tof\tthe\tcapital\tstock\n\t\nof\tthe\tRegistrant\tnamed\ttherein.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.2\n\t\t\n\t\nMay\t20,\t2013\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.11\n\t\t\n\t\nWaiver\tto\tFifth\tAmended\tand\tRestated\tInvestor\u2019s\n\t\nRights\tAgreement,\tdated\tas\tof\tAugust\t13,\t2015,\n\t\nbetween\tthe\tRegistrant\tand\tcertain\tholders\tof\tthe\n\t\ncapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nAugust\t19,\t2015\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.12\n\t\t\n\t\nWaiver\tto\tFifth\tAmended\tand\tRestated\tInvestors\u2019\n\t\nRights\tAgreement,\tdated\tas\tof\tMay\t18,\t2016,\tbetween\n\t\nthe\tRegistrant\tand\tcertain\tholders\tof\tthe\tcapital\tstock\n\t\nof\tthe\tRegistrant\tnamed\ttherein.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nMay\t24,\t2016"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 93, "chroma:document": "May\t24,\t2016\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.13\n\t\nWaiver\tto\tFifth\tAmended\tand\tRestated\tInvestors\u2019\n\t\nRights\tAgreement,\tdated\tas\tof\tMarch\t15,\t2017,\n\t\nbetween\tthe\tRegistrant\tand\tcertain\tholders\tof\tthe\n\t\ncapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nMarch\t17,\t2017\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.14\n\t\nWaiver\tto\tFifth\tAmended\tand\tRestated\tInvestors\u2019\n\t\nRights\tAgreement,\tdated\tas\tof\tMay\t1,\t2019,\tbetween\n\t\nthe\tRegistrant\tand\tcertain\tholders\tof\tthe\tcapital\tstock\n\t\nof\tthe\tRegistrant\tnamed\ttherein.\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nMay\t3,\t2019\n\t\t\n\t\n\t\n\t\t\t\t4.15\n\t\t\n\t\nIndenture,\tdated\tas\tof\tMay\t22,\t2013,\tby\tand\tbetween\n\t\nthe\tRegistrant\tand\tU.S.\tBank\tNational\tAssociation.\n\t\t\n\t\n8-K\n\t\t\n\t\n001-34756\n\t\t\n\t\n4.1\n\t\t\n\t\nMay\t22,\t2013\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.16\n\t\nFourth\tSupplemental\tIndenture,\tdated\tas\tof\tMarch\t22,\n\t\n2017,\tby\tand\tbetween\tthe\tRegistrant\tand\tU.S.\tBank\n\t\nNational\tAssociation.\n\t\n8-K\n\t\n001-34756\n\t\n4.2\n\t\nMarch\t22,\t2017"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 93, "chroma:document": "March\t22,\t2017\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.17\n\t\nForm\tof\t2.375%\tConvertible\tSenior\tNote\tDue\tMarch\n\t\n15,\t2022\t(included\tin\tExhibit\t4.18).\n\t\n8-K\n\t\n001-34756\n\t\n4.2\n\t\nMarch\t22,\t2017\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.18\n\t\nFifth\tSupplemental\tIndenture,\tdated\tas\tof\tMay\t7,\n\t\n2019,\tby\tand\tbetween\tRegistrant\tand\tU.S.\tBank\n\t\nNational\tAssociation,\trelated\tto\t2.00%\tConvertible\n\t\nSenior\tNotes\tdue\tMay\t15,\t2024.\n\t\n8-K\n\t\n001-34756\n\t\n4.2\n\t\nMay\t8,\t2019\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.19\n\t\nForm\tof\t2.00%\tConvertible\tSenior\tNotes\tdue\tMay\t15,\n\t\n2024\t(included\tin\tExhibit\t4.20).\n\t\n8-K\n\t\n001-34756\n\t\n4.2\n\t\nMay\t8,\t2019\n\t\n\t\n\t\n94"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 94, "chroma:document": "Exhibit\n\t\n\t\n\t\nIncorporated\tby\tReference\n\t\nFiled\nNumber\n\t\nExhibit\tDescription\n\t\nForm\n\t\nFile\tNo.\n\t\nExhibit\n\t\nFiling\tDate\n\t\nHerewith\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.20\n\t\nIndenture,\tdated\tas\tof\tOctober\t15,\t2014,\tbetween\n\t\nSolarCity\tand\tU.S.\tBank\tNational\tAssociation,\tas\n\t\ntrustee.\n\t\n\t\nS-3ASR(1)\n\t\n333-199321\n\t\n4.1\n\t\nOctober\t15,\t2014\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.21\n\t\nTenth\tSupplemental\tIndenture,\tdated\tas\tof\tMarch\t9,\n\t\n2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.00%\tSolar\tBonds,\tSeries\n\t\n2015/6-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.3\n\t\nMarch\t9,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.22\n\t\nEleventh\tSupplemental\tIndenture,\tdated\tas\tof\tMarch\n\t\n9,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.75%\tSolar\tBonds,\tSeries\n\t\n2015/7-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.4\n\t\nMarch\t9,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.23\n\t\nFifteenth\tSupplemental\tIndenture,\tdated\tas\tof\tMarch"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 94, "chroma:document": "19,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C4-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nMarch\t19,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.24\n\t\nSixteenth\tSupplemental\tIndenture,\tdated\tas\tof\tMarch\n\t\n19,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\tSeries\n\t\n2015/C5-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.6\n\t\nMarch\t19,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.25\n\t\nTwentieth\tSupplemental\tIndenture,\tdated\tas\tof\tMarch\n\t\n26,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C9-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nMarch\t26,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.26\n\t\nTwenty-First\tSupplemental\tIndenture,\tdated\tas\tof\n\t\nMarch\t26,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\n\t\nTrustee,\trelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\n\t\nSeries\t2015/C10-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.6\n\t\nMarch\t26,\t2015"}


created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 94, "chroma:document": "March\t26,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.27\n\t\nTwenty-Sixth\tSupplemental\tIndenture,\tdated\tas\tof\n\t\nApril\t2,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\n\t\nTrustee,\trelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\n\t\nSeries\t2015/C14-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nApril\t2,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.28\n\t\nThirtieth\tSupplemental\tIndenture,\tdated\tas\tof\tApril\t9,\n\t\n2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C19-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nApril\t9,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.29\n\t\nThirty-First\tSupplemental\tIndenture,\tdated\tas\tof\tApril\n\t\n9,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\tSeries\n\t\n2015/C20-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.6\n\t\nApril\t9,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.30\n\t\nThirty-Fifth\tSupplemental\tIndenture,\tdated\tas\tof\tApril"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
id: c5d53ab4-f41d-11ee-a3fb-0242ac1c000c
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 94, "chroma:document": "14,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C24-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nApril\t14,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.31\n\t\nThirty-Sixth\tSupplemental\tIndenture,\tdated\tas\tof\tApril\n\t\n14,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\tSeries\n\t\n2015/C25-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.6\n\t\nApril\t14,\t2015\n\t\n\t\n\t\n95"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 95, "chroma:document": "Exhibit\n\t\n\t\n\t\nIncorporated\tby\tReference\n\t\nFiled\nNumber\n\t\nExhibit\tDescription\n\t\nForm\n\t\nFile\tNo.\n\t\nExhibit\n\t\nFiling\tDate\n\t\nHerewith\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.32\n\t\nThirty-Eighth\tSupplemental\tIndenture,\tdated\tas\tof\n\t\nApril\t21,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\n\t\nTrustee,\trelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\n\t\nSeries\t2015/C27-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.3\n\t\nApril\t21,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.33\n\t\nThirty-Ninth\tSupplemental\tIndenture,\tdated\tas\tof\n\t\nApril\t21,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\n\t\nTrustee,\trelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\n\t\nSeries\t2015/C28-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.4\n\t\nApril\t21,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.34\n\t\nForty-Third\tSupplemental\tIndenture,\tdated\tas\tof\tApril\n\t\n27,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C32-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nApril\t27,\t2015"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 95, "chroma:document": "4.42\n\t\nSixty-First\tSupplemental\tIndenture,\tdated\tas\tof\tMay\n\t\n26,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C44-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.4\n\t\nMay\t26,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.43\n\t\nSixty-Second\tSupplemental\tIndenture,\tdated\tas\tof\n\t\nMay\t26,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\n\t\nTrustee,\trelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\n\t\nSeries\t2015/C45-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nMay\t26,\t2015\n\t\n\t\n\t\n96"}


created_at: 2024-04-06 13:59:07
topic: persistent://default/default/19a10f6c-edf5-4774-8347-509021fad678
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created_at: 2024-04-06 13:59:07
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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 96, "chroma:document": "4.47\n\t\nSeventy-Fifth\tSupplemental\tIndenture,\tdated\tas\tof\n\t\nJune\t22,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\n\t\nTrustee,\trelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\n\t\nSeries\t2015/C57-15\n.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nJune\t23,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.48\n\t\nEightieth\tSupplemental\tIndenture,\tdated\tas\tof\tJune\n\t\n29,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C61-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nJune\t29,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.49\n\t\nEighty-First\tSupplemental\tIndenture,\tdated\tas\tof\tJune\n\t\n29,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\tSeries\n\t\n2015/C62-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.6\n\t\nJune\t29,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.50\n\t\nNinetieth\tSupplemental\tIndenture,\tdated\tas\tof\tJuly\t20,\n\t\n2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,"}


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{"source": "tesla-annual-reports/tsla-20221231-gen.pdf", "page": 96, "chroma:document": "related\tto\tSolarCity\u2019s\t4.70%\tSolar\tBonds,\tSeries\n\t\n2015/C71-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nJuly\t21,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.51\n\t\nNinety-First\tSupplemental\tIndenture,\tdated\tas\tof\tJuly\n\t\n20,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.45%\tSolar\tBonds,\tSeries\n\t\n2015/C72-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.6\n\t\nJuly\t21,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.52\n\t\nNinety-Fifth\tSupplemental\tIndenture,\tdated\tas\tof\tJuly\n\t\n31,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.00%\tSolar\tBonds,\tSeries\n\t\n2015/20-10.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.5\n\t\nJuly\t31,\t2015\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\t\t4.53\n\t\nNinety-Sixth\tSupplemental\tIndenture,\tdated\tas\tof\tJuly\n\t\n31,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\tTrustee,\n\t\nrelated\tto\tSolarCity\u2019s\t5.75%\tSolar\tBonds,\tSeries\n\t\n2015/21-15.\n\t\n8-K(1)\n\t\n001-35758\n\t\n4.6\n\t\nJuly\t31,\t2015"}


