1. Do both horizontal and vertical analysis of the company of the Income Statement and Balance Sheet 2. Provide Ratio Analysis- Pleaseinclude the numbers and the formula for your business of the...

IS Vertical
    Tesla, Inc.
    Consolidated Statements of Operations
    (in millions, except per share data)
        2019    2018    2017        2019    2018    2017
    Revenues
    Automotive sales    19,952    17,632    8,535        81.18%    82.16%    72.58%
    Automotive leasing    869    883    1,107        3.54%    4.11%    9.41%
    Total automotive revenues    20,821    18,515    9,642        84.71%    86.27%    82.00%
    Energy generation and storage    1,531    1,555    1,116        6.23%    7.25%    9.49%
    Services and other    2,226    1,391    1,001        9.06%    6.48%    8.51%
    Total revenues    24,578    21,461    11,759        100.00%    100.00%    100.00%
    Cost of revenues
    Automotive sales    15,939    13,686    6,725        64.85%    63.77%    57.19%
    Automotive leasing    459    488    708        1.87%    2.27%    6.02%
    Total automotive cost of revenues    16,398    14,174    7,433        66.72%    66.05%    63.21%
    Energy generation and storage    1,341    1,365    874        5.46%    6.36%    7.43%
    Services and other    2,770    1,880    1,229        11.27%    8.76%    10.45%
    Total cost of revenues    20,509    17,419    9,536        83.44%    81.17%    81.10%
    Gross profit    4,069    4,042    2,223        16.56%    18.83%    18.90%
    Operating expenses
    Research and development    1,343    1,460    1,378        5.46%    6.80%    11.72%
    Selling, general and administrative    2,646    2,835    2,477        10.77%    13.21%    21.06%
    Restructuring and other    149    135    —        0.61%    0.63%
    Total operating expenses    4,138    4,430    3,855        16.84%    20.64%    32.78%
    Loss from operations    -69    -388    -1,632        -0.28%    -1.81%    -13.88%
    Interest income    44    24    19        0.18%    0.11%    0.16%
    Interest expense    -685    -663    -471        -2.79%    -3.09%    -4.01%
    Other income (expense), net    45    22    -125        0.18%    0.10%    -1.06%
    Loss before income taxes    -665    -1,005    -2,209        -2.71%    -4.68%    -18.79%
    Provision for income taxes    110    58    32        0.45%    0.27%    0.27%
    Net loss    -775    -1,063    -2,241        -3.15%    -4.95%    -19.06%
IS Horizontal
    Tesla, Inc.
    Consolidated Statements of Operations
    (in millions, except per share data)
                Base Year
        2019    2018    2017            2019    2018
    Revenues
    Automotive sales    19,952    17,632    8,535            133.77%    106.58%
    Automotive leasing    869    883    1,107            -21.50%    -20.23%
    Total automotive revenues    20,821    18,515    9,642            115.94%    92.02%
    Energy generation and storage    1,531    1,555    1,116            37.19%    39.34%
    Services and other    2,226    1,391    1,001            122.38%    38.96%
    Total revenues    24,578    21,461    11,759            109.01%    82.51%
    Cost of revenues
    Automotive sales    15,939    13,686    6,725            137.01%    103.51%
    Automotive leasing    459    488    708            -35.17%    -31.07%
    Total automotive cost of revenues    16,398    14,174    7,433            120.61%    90.69%
    Energy generation and storage    1,341    1,365    874            53.43%    56.18%
    Services and other    2,770    1,880    1,229            125.39%    52.97%
    Total cost of revenues    20,509    17,419    9,536            115.07%    82.67%
    Gross profit    4,069    4,042    2,223            83.04%    81.83%
    Operating expenses
    Research and development    1,343    1,460    1,378            -2.54%    5.95%
    Selling, general and administrative    2,646    2,835    2,477            6.82%    14.45%
    Restructuring and other    149    135    —
    Total operating...