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What state is tesla corporate headquarters

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Reference no: EM133034670

This is based on the 10-K for the year ended December 31, 2020 for Tesla, Inc. You can obtain Tesla's 10-k from its corporate web site. Financial information is available there by selecting the tab "Investor Relations." Unless otherwise indicated, all questions relate to the current annual financial statements.

1. Corporations can elect to incorporate in any state. The corporation is then bound by the laws of that state.

a. In what state is Tesla incorporated?

b. In what state is Tesla's corporate headquarters?

2. At the end of 2020, on how many shares of stock could Tesla pay a cash dividend?

3. During 2020, how much did Tesla distribute as cash dividends?

4. At the end of 2020, what was the total amount of Tesla's contributed capital?

5. Tesla has an accumulated deficit instead of retained earnings. Why caused the accumulated deficit?

6. In aggregate, what journal entry did Tesla make to record the common stock that it issued in 2020?

7. In August of 2020, Tesla announced a five-for-one-split of the firm's common stock. This is mentioned in Note 1, Overview. How did Tesla record or deal with this transaction?

Reference no: EM133034670

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