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Tesla (TSLA) Property, Plant and Equipment : $46,701 Mil (As of Mar. 2024)


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Tesla Property, Plant and Equipment Definition

Tesla's quarterly net PPE increased from Sep. 2023 ($42,794 Mil) to Dec. 2023 ($45,123 Mil) and increased from Dec. 2023 ($45,123 Mil) to Mar. 2024 ($46,701 Mil).

Tesla's annual net PPE increased from Dec. 2021 ($31,172 Mil) to Dec. 2022 ($36,635 Mil) and increased from Dec. 2022 ($36,635 Mil) to Dec. 2023 ($45,123 Mil).


Tesla Property, Plant and Equipment Historical Data

The historical data trend for Tesla's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tesla Property, Plant and Equipment Chart

Tesla Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,196.00 23,378.00 31,172.00 36,635.00 45,123.00

Tesla Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38,666.00 41,046.00 42,794.00 45,123.00 46,701.00

Tesla Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Tesla  (NAS:TSLA) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Tesla Property, Plant and Equipment Related Terms

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Tesla (TSLA) Business Description

Address
1 Tesla Road, Austin, TX, USA, 78725
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.
Executives
Vaibhav Taneja officer: Chief Accounting Officer 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Xiaotong Zhu officer: SVP, Automotive 1 TESLA ROAD, AUSTIN TX 78725
Andrew D Baglino officer: SVP Powertrain and Energy Eng. 3500 DEER CREEK ROAD, FREMONT CA 94538
Zachary Kirkhorn officer: Chief Financial Officer 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Kimbal Musk director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Elon Musk director, 10 percent owner, officer: CEO C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Joseph Gebbia director C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Kathleen Wilson-thompson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Robyn M Denholm director 4150 NETWORK CIRCLE, SANTA CLARA CA 95054
Ira Matthew Ehrenpreis director 100 SHORELINE HWY, SUITE 282, BLDG. B, MILL VALLEY CA 94941
Jerome M Guillen officer: VP Service and Sales Ops 3500 DEER CREEK RD., PALO ALTO CA 94304
Antonio J. Gracias director C/O VALOR EQUITY PARTNERS, 200 SOUTH MICHIGAN AVENUE, SUITE 1020, CHICAGO IL 60604
Hiromichi Mizuno director 1-2-33-A504, KOMAZAWA, SETAGAYA, TOKYO M0 154-0012
Lawrence Joseph Ellison director C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
Stephen T Jurvetson director 2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025

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