Reference no: EM133105645
Question - Sales information for Tesla Inc. follows.
Year Ended December 31 ($ thousands)
|
2018
|
2017
|
2016
|
Automotive sales
|
$17,631,522
|
$8,534,752
|
$5,589,007
|
Automotive leasing
|
883,461
|
1,106,548
|
761,759
|
Total automotive revenues
|
18,514,983
|
9,641,300
|
6,350,766
|
Services and other
|
1,391,041
|
1,001,185
|
467,972
|
Total automotive & services and other segment revenue
|
19,906,024
|
10,642,485
|
6,818,738
|
Energy generation and storage segment revenue
|
1,555,244
|
1,116,266
|
181,394
|
Total revenues
|
$21,461,268
|
$11,758,751
|
$7,000,132
|
Automotive sales revenue includes revenues related to sale of new Model S, Model X and Model 3 vehicles, including access to our Supercharger network, internet connectivity, Autopilot, full self-driving and over-the-air software updates.
Automotive leasing revenue includes the amortization of revenue for Model S and Model X vehicles under direct lease agreements as well as those sold with resale value guarantees accounted for as operating leases under lease accounting. We do not yet offer leasing for Model 3 vehicles.
Services and other revenue consists of non-warranty after-sales vehicle services, sales of used vehicles, sales of electric vehicle components and systems to other manufacturers, retail merchandise, and sales by our acquired subsidiaries to third party customers.
Energy generation and storage revenues consists of the sale of solar energy systems and energy storage systems to residential, small commercial, and large commercial and utility grade customers.
Compute the relative size of sales revenue from the four types of revenue Tesla discloses. (Hint: Scale each type of revenue by total revenue.)
Compute the growth in sales revenue for both years from each of the four types of revenue.