Repository: mayooear/ai-pdf-chatbot-langchain Branch: main Commit: 4bb98092472d Files: 111 Total size: 958.7 KB Directory structure: gitextract_1jzaved4/ ├── .dockerignore ├── .eslintrc.cjs ├── .github/ │ └── workflows/ │ └── ci.yml ├── .gitignore ├── .prettierrc ├── LICENSE ├── README.md ├── backend/ │ ├── .gitignore │ ├── __tests__/ │ │ ├── ingestion_graph/ │ │ │ └── state.test.ts │ │ └── retrieval_graph/ │ │ ├── integration.test.ts │ │ └── promptTemplate.test.ts │ ├── demo.ts │ ├── ingest-demo.ipynb │ ├── jest.config.js │ ├── langgraph.json │ ├── package.json │ ├── src/ │ │ ├── ingestion_graph/ │ │ │ ├── configuration.ts │ │ │ ├── graph.ts │ │ │ └── state.ts │ │ ├── retrieval_graph/ │ │ │ ├── configuration.ts │ │ │ ├── graph.ts │ │ │ ├── prompts.ts │ │ │ ├── state.ts │ │ │ └── utils.ts │ │ ├── sample_docs.json │ │ └── shared/ │ │ ├── configuration.ts │ │ ├── retrieval.ts │ │ ├── state.ts │ │ └── utils.ts │ └── tsconfig.json ├── frontend/ │ ├── .gitignore │ ├── __tests__/ │ │ └── api/ │ │ └── ingest/ │ │ └── route.integration.test.ts │ ├── app/ │ │ ├── api/ │ │ │ ├── chat/ │ │ │ │ └── route.ts │ │ │ └── ingest/ │ │ │ └── route.ts │ │ ├── globals.css │ │ ├── layout.tsx │ │ └── page.tsx │ ├── components/ │ │ ├── chat-message.tsx │ │ ├── example-prompts.tsx │ │ ├── file-preview.tsx │ │ ├── theme-provider.tsx │ │ └── ui/ │ │ ├── accordion.tsx │ │ ├── alert-dialog.tsx │ │ ├── alert.tsx │ │ ├── aspect-ratio.tsx │ │ ├── avatar.tsx │ │ ├── badge.tsx │ │ ├── breadcrumb.tsx │ │ ├── button.tsx │ │ ├── calendar.tsx │ │ ├── card.tsx │ │ ├── carousel.tsx │ │ ├── chart.tsx │ │ ├── checkbox.tsx │ │ ├── collapsible.tsx │ │ ├── command.tsx │ │ ├── context-menu.tsx │ │ ├── dialog.tsx │ │ ├── drawer.tsx │ │ ├── dropdown-menu.tsx │ │ ├── form.tsx │ │ ├── hover-card.tsx │ │ ├── input-otp.tsx │ │ ├── input.tsx │ │ ├── label.tsx │ │ ├── menubar.tsx │ │ ├── navigation-menu.tsx │ │ ├── pagination.tsx │ │ ├── popover.tsx │ │ ├── progress.tsx │ │ ├── radio-group.tsx │ │ ├── resizable.tsx │ │ ├── scroll-area.tsx │ │ ├── select.tsx │ │ ├── separator.tsx │ │ ├── sheet.tsx │ │ ├── sidebar.tsx │ │ ├── skeleton.tsx │ │ ├── slider.tsx │ │ ├── sonner.tsx │ │ ├── switch.tsx │ │ ├── table.tsx │ │ ├── tabs.tsx │ │ ├── textarea.tsx │ │ ├── toast.tsx │ │ ├── toaster.tsx │ │ ├── toggle-group.tsx │ │ ├── toggle.tsx │ │ ├── tooltip.tsx │ │ └── use-mobile.tsx │ ├── components.json │ ├── constants/ │ │ └── graphConfigs.ts │ ├── hooks/ │ │ ├── use-mobile.tsx │ │ └── use-toast.ts │ ├── jest.config.js │ ├── jest.setup.js │ ├── lib/ │ │ ├── langgraph-base.ts │ │ ├── langgraph-client.ts │ │ ├── langgraph-server.ts │ │ ├── pdf.ts │ │ └── utils.ts │ ├── next.config.mjs │ ├── package.json │ ├── postcss.config.mjs │ ├── styles/ │ │ └── globals.css │ ├── tailwind.config.ts │ ├── tsconfig.json │ └── types/ │ └── graphTypes.ts ├── package.json ├── scripts/ │ └── checkLanggraphPaths.js └── turbo.json ================================================ FILE CONTENTS ================================================ ================================================ FILE: .dockerignore ================================================ node_modules dist ================================================ FILE: .eslintrc.cjs ================================================ /* .eslintrc.cjs */ module.exports = { root: true, // Ensures ESLint doesn't look beyond this folder for configuration parser: '@typescript-eslint/parser', // Tells ESLint to parse TypeScript parserOptions: { ecmaVersion: 'latest', // Enables modern JavaScript features sourceType: 'module', // Allows import/export statements, project: './tsconfig.json', // Tells ESLint to use the tsconfig.json file }, extends: [ 'eslint:recommended', // Basic ESLint rules 'plugin:@typescript-eslint/recommended', // Adds TypeScript-specific rules 'prettier', // Disables rules conflicting with Prettier ], ignorePatterns: [ '.eslintrc.cjs', 'scripts', 'src/utils/lodash/*', 'node_modules', 'dist', 'dist-cjs', '*.js', '*.cjs', '*.d.ts', ], rules: { // You can add or override any rules here, for example: // "no-console": "warn", // Warn when using console.log }, }; ================================================ FILE: .github/workflows/ci.yml ================================================ # Run formatting on all PRs name: CI on: push: branches: ["main"] pull_request: workflow_dispatch: # Allows triggering the workflow manually in GitHub UI # If another push to the same PR or branch happens while this workflow is still running, # cancel the earlier run in favor of the next run. concurrency: group: ${{ github.workflow }}-${{ github.ref }} cancel-in-progress: true jobs: format: name: Check formatting runs-on: ubuntu-latest steps: - uses: actions/checkout@v4 - name: Use Node.js 18.x uses: actions/setup-node@v3 with: node-version: 18.x cache: "yarn" - name: Install dependencies run: yarn install --immutable --mode=skip-build - name: Check formatting run: yarn format:check lint: name: Check linting runs-on: ubuntu-latest steps: - uses: actions/checkout@v4 - name: Use Node.js 18.x uses: actions/setup-node@v3 with: node-version: 18.x cache: "yarn" - name: Install dependencies run: yarn install --immutable --mode=skip-build - name: Check linting run: yarn run lint:all ================================================ FILE: .gitignore ================================================ # npm node_modules/ # misc .DS_Store *.pem # debug npm-debug.log* yarn-debug.log* yarn-error.log* ui-debug.log* # local env files .env*.local # typescript *.tsbuildinfo # vercel .vercel # testing coverage # next.js .next/ out/ # fumadocs .source # production build dist apps/docs/public/registry/ # turbo .turbo # env .env # cursor .cursor .cursor/ #llm_context llm_context/ test_docs .swc ================================================ FILE: .prettierrc ================================================ { "trailingComma": "all", "singleQuote": true, "printWidth": 80, "tabWidth": 2 } ================================================ FILE: LICENSE ================================================ MIT License Copyright (c) 2024 [Your Name or Organization Name] Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions: The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE. ================================================ FILE: README.md ================================================ # AI PDF Chatbot & Agent Powered by LangChain and LangGraph This monorepo is a customizable template example of an AI chatbot agent that "ingests" PDF documents, stores embeddings in a vector database (Supabase), and then answers user queries using OpenAI (or another LLM provider) utilising LangChain and LangGraph as orchestration frameworks. This template is also an accompanying example to the book [Learning LangChain (O'Reilly)](https://www.oreilly.com/library/view/learning-langchain/9781098167271): Building AI and LLM applications with LangChain and LangGraph. **Here's what the Chatbot UI looks like:** Screenshot 2025-02-20 at 05 39 55 ## Table of Contents 1. [Features](#features) 2. [Architecture Overview](#architecture-overview) 3. [Prerequisites](#prerequisites) 4. [Installation](#installation) 5. [Environment Variables](#environment-variables) - [Frontend Variables](#frontend-variables) - [Backend Variables](#backend-variables) 6. [Local Development](#local-development) - [Running the Backend](#running-the-backend) - [Running the Frontend](#running-the-frontend) 7. [Usage](#usage) - [Uploading/Ingesting PDFs](#uploadingingesting-pdfs) - [Asking Questions](#asking-questions) - [Viewing Chat History](#viewing-chat-history) 8. [Production Build & Deployment](#production-build--deployment) 9. [Customizing the Agent](#customizing-the-agent) 10. [Troubleshooting](#troubleshooting) 11. [Next Steps](#next-steps) --- ## Features - **Document Ingestion Graph**: Upload and parse PDFs into `Document` objects, then store vector embeddings into a vector database (we use Supabase in this example). - **Retrieval Graph**: Handle user questions, decide whether to retrieve documents or give a direct answer, then generate concise responses with references to the retrieved documents. - **Streaming Responses**: Real-time streaming of partial responses from the server to the client UI. - **LangGraph Integration**: Built using LangGraph’s state machine approach to orchestrate ingestion and retrieval, visualise your agentic workflow, and debug each step of the graph. - **Next.js Frontend**: Allows file uploads, real-time chat, and easy extension with React components and Tailwind. --- ## Architecture Overview ```ascii ┌─────────────────────┐ 1. Upload PDFs ┌───────────────────────────┐ │Frontend (Next.js) │ ────────────────────> │Backend (LangGraph) │ │ - React UI w/ chat │ │ - Ingestion Graph │ │ - Upload .pdf files │ <────────────────────┤ + Vector embedding via │ └─────────────────────┘ 2. Confirmation │ SupabaseVectorStore │ (storing embeddings in DB) ┌─────────────────────┐ 3. Ask questions ┌───────────────────────────┐ │Frontend (Next.js) │ ────────────────────> │Backend (LangGraph) │ │ - Chat + SSE stream │ │ - Retrieval Graph │ │ - Display sources │ <────────────────────┤ + Chat model (OpenAI) │ └─────────────────────┘ 4. Streamed answers └───────────────────────────┘ ``` - **Supabase** is used as the vector store to store and retrieve relevant documents at query time. - **OpenAI** (or other LLM providers) is used for language modeling. - **LangGraph** orchestrates the "graph" steps for ingestion, routing, and generating responses. - **Next.js** (React) powers the user interface for uploading PDFs and real-time chat. The system consists of: - **Backend**: A Node.js/TypeScript service that contains LangGraph agent "graphs" for: - **Ingestion** (`src/ingestion_graph.ts`) - handles indexing/ingesting documents - **Retrieval** (`src/retrieval_graph.ts`) - question-answering over the ingested documents - **Configuration** (`src/shared/configuration.ts`) - handles configuration for the backend api including model providers and vector stores - **Frontend**: A Next.js/React app that provides a web UI for users to upload PDFs and chat with the AI. --- ## Prerequisites 1. **Node.js v18+** (we recommend Node v20). 2. **Yarn** (or npm, but this monorepo is pre-configured with Yarn). 3. **Supabase project** (if you plan to store embeddings in Supabase; see [Setting up Supabase](https://supabase.com/docs/guides/getting-started)). - You will need: - `SUPABASE_URL` - `SUPABASE_SERVICE_ROLE_KEY` - A table named `documents` and a function named `match_documents` for vector similarity search (see [LangChain documentation for guidance on setting up the tables](https://js.langchain.com/docs/integrations/vectorstores/supabase/)). 4. **OpenAI API Key** (or another LLM provider’s key, supported by LangChain). 5. **LangChain API Key** (free and optional, but highly recommended for debugging and tracing your LangChain and LangGraph applications). Learn more [here](https://docs.smith.langchain.com/administration/how_to_guides/organization_management/create_account_api_key) --- ## Installation 1. **Clone** the repository: ```bash git clone https://github.com/mayooear/ai-pdf-chatbot-langchain.git cd ai-pdf-chatbot-langchain ``` 2. Install dependencies (from the monorepo root): yarn install 3. Configure environment variables in both backend and frontend. See .`env.example` files for details. ## Environment Variables The project relies on environment variables to configure keys and endpoints. Each sub-project (backend and frontend) has its own .env.example. Copy these to .env and fill in your details. ### Frontend Variables Create a .env file in frontend: `cp frontend/.env.example frontend/.env` ``` NEXT_PUBLIC_LANGGRAPH_API_URL=http://localhost:2024 LANGCHAIN_API_KEY=your-langsmith-api-key-here # Optional: LangSmith API key LANGGRAPH_INGESTION_ASSISTANT_ID=ingestion_graph LANGGRAPH_RETRIEVAL_ASSISTANT_ID=retrieval_graph LANGCHAIN_TRACING_V2=true # Optional: Enable LangSmith tracing LANGCHAIN_PROJECT="pdf-chatbot" # Optional: LangSmith project name ``` ### Backend Variables Create a .env file in backend: `cp backend/.env.example backend/.env` ``` OPENAI_API_KEY=your-openai-api-key-here SUPABASE_URL=your-supabase-url-here SUPABASE_SERVICE_ROLE_KEY=your-supabase-service-role-key-here LANGCHAIN_TRACING_V2=true # Optional: Enable LangSmith tracing LANGCHAIN_PROJECT="pdf-chatbot" # Optional: LangSmith project name ``` **Explanation of Environment Variables:** - `NEXT_PUBLIC_LANGGRAPH_API_URL`: The URL where your LangGraph backend server is running. Defaults to `http://localhost:2024` for local development. - `LANGCHAIN_API_KEY`: Your LangSmith API key. This is optional, but highly recommended for debugging and tracing your LangChain and LangGraph applications. - `LANGGRAPH_INGESTION_ASSISTANT_ID`: The ID of the LangGraph assistant for document ingestion. Default is `ingestion_graph`. - `LANGGRAPH_RETRIEVAL_ASSISTANT_ID`: The ID of the LangGraph assistant for question answering. Default is `retrieval_graph`. - `LANGCHAIN_TRACING_V2`: Enable tracing to debug your application on the LangSmith platform. Set to `true` to enable. - `LANGCHAIN_PROJECT`: The name of your LangSmith project. - `OPENAI_API_KEY`: Your OpenAI API key. - `SUPABASE_URL`: Your Supabase URL. - `SUPABASE_SERVICE_ROLE_KEY`: Your Supabase service role key. ## Local Development This monorepo uses Turborepo to manage both backend and frontend projects. You can run them separately for development. ### Running the Backend 1. Navigate to backend: ```bash cd backend ``` 2. Install dependencies (already done if you ran yarn install at the root). 3. Start LangGraph in dev mode: ```bash yarn langgraph:dev ``` This will launch a local LangGraph server on port 2024 by default. It should redirect you to a UI for interacting with the LangGraph server. [Langgraph studio guide](https://langchain-ai.github.io/langgraph/concepts/langgraph_studio/) ### Running the Frontend 1. Navigate to frontend: ```bash cd frontend ``` 2. Start the Next.js development server: ```bash yarn dev ``` This will start a local Next.js development server (by default on port 3000). Access the UI in your browser at http://localhost:3000. ## Usage Once both services are running: 1. Use langgraph studio UI to interact with the LangGraph server and ensure the workflow is working as expected. 2. Navigate to http://localhost:3000 to use the chatbot UI. 3. Upload a small PDF document via the file upload button at the bottom of the page. This will trigger the ingestion graph to extract the text and store the embeddings in Supabase via the frontend `app/api/ingest` route. 4. After the ingestion is complete, ask questions in the chat input. 5. The chatbot will trigger the retrieval graph via the `app/api/chat` route to retrieve the most relevant documents from the vector database and use the relevant PDF context (if needed) to answer. ### Uploading/Ingesting PDFs Click on the paperclip icon in the chat input area. Select one or more PDF files to upload ensuring a total of max 5, each under 10MB (you can change these threshold values in the `app/api/ingest` route). The backend processes the PDFs, extracts text, and stores embeddings in Supabase (or your chosen vector store). ### Asking Questions - Type your question in the chat input field. - Responses stream in real time. If the system retrieved documents, you’ll see a link to “View Sources” for each chunk of text used in the answer. ### Viewing Chat History - The system creates a unique thread per user session (frontend). All messages are kept in the state for the session. - For demonstration purposes, the current example UI does not store the entire conversation beyond the local thread state and is not persistent across sessions. You can extend it to persist threads in a database. However, the "ingested documents" are persistent across sessions as they are stored in a vector database. ## Deploying the Backend To deploy your LangGraph agent to a cloud service, you can either use LangGraph's cloud as per this [guide](https://langchain-ai.github.io/langgraph/cloud/quick_start/?h=studio#deploy-to-langgraph-cloud) or self-host it as per this [guide](https://langchain-ai.github.io/langgraph/how-tos/deploy-self-hosted/). ## Deploying the Frontend The frontend can be deployed to any hosting that supports Next.js (Vercel, Netlify, etc.). Make sure to set relevant environment variables in your deployment environment. In particular, ensure `NEXT_PUBLIC_LANGGRAPH_API_URL` is pointing to your deployed backend URL. ## Customizing the Agent You can customize the agent on the backend and frontend. ### Backend - In the configuration file `src/shared/configuration.ts`, you can change the default configs i.e. the vector store, k-value, and filter kwargs, shared between the ingestion and retrieval graphs. On the backend, configs can be used in each node of the graph workflow or from frontend, you can pass a config object into the graph's client. - You can adjust the prompts in the `src/retrieval_graph/prompts.ts` file. - If you'd like to change the retrieval model, you can do so in the `src/shared/retrieval.ts` file by adding another retriever function that encapsulates the desired client for the vector store and then updating the `makeRetriever` function to return the new retriever. ### Frontend - You can modify the file upload restrictions in the `app/api/ingest` route. - In `constants/graphConfigs.ts`, you can change the default config objects sent to the ingestion and retrieval graphs. These include the model provider, k value (no of source documents to retrieve), and retriever provider (i.e. vector store). ## Troubleshooting 1. .env Not Loaded - Make sure you copied .env.example to .env in both backend and frontend. - Check your environment variables are correct and restart the dev server. 2. Supabase Vector Store - Ensure you have configured your Supabase instance with the documents table and match_documents function. Check the official LangChain docs on Supabase integration. 3. OpenAI Errors - Double-check your OPENAI_API_KEY. Make sure you have enough credits/quota. 4. LangGraph Not Running - If yarn langgraph:dev fails, confirm your Node version is >= 18 and that you have all dependencies installed. 5. Network Errors - Frontend must point to the correct NEXT_PUBLIC_LANGGRAPH_API_URL. By default, it is http://localhost:2024. ## Next Steps If you'd like to contribute to this project, feel free to open a pull request. Ensure it is well documented and includes tests in the test files. If you'd like to learn more about building AI chatbots and agents with LangChain and LangGraph, check out the book [Learning LangChain (O'Reilly)](https://www.oreilly.com/library/view/learning-langchain/9781098167271/). ================================================ FILE: backend/.gitignore ================================================ # LangGraph API .langgraph_api ================================================ FILE: backend/__tests__/ingestion_graph/state.test.ts ================================================ import { Document } from '@langchain/core/documents'; import { reduceDocs } from '../../src/shared/state.js'; describe('IndexStateAnnotation', () => { describe('docs reducer', () => { it('should handle adding new documents', () => { const initialDocs: Document[] = []; const newDoc = new Document({ pageContent: 'test content', metadata: { source: 'test.pdf', page: 1 }, }); const result = reduceDocs(initialDocs, [newDoc]); expect(result).toHaveLength(1); expect(result[0].pageContent).toBe('test content'); expect(result[0].metadata).toEqual({ source: 'test.pdf', page: 1 }); }); it('should handle merging multiple documents', () => { const initialDocs = [ new Document({ pageContent: 'initial doc', metadata: { source: 'initial.pdf', page: 1 }, }), ]; const newDocs = [ new Document({ pageContent: 'new doc 1', metadata: { source: 'new1.pdf', page: 1 }, }), new Document({ pageContent: 'new doc 2', metadata: { source: 'new2.pdf', page: 1 }, }), ]; const result = reduceDocs(initialDocs, newDocs); expect(result).toHaveLength(3); expect(result.map((doc: Document) => doc.pageContent)).toEqual([ 'initial doc', 'new doc 1', 'new doc 2', ]); expect(result.map((doc: Document) => doc.metadata.source)).toEqual([ 'initial.pdf', 'new1.pdf', 'new2.pdf', ]); }); it('should handle empty document arrays', () => { const initialDocs: Document[] = []; const newDocs: Document[] = []; const result = reduceDocs(initialDocs, newDocs); expect(result).toHaveLength(0); }); it('should handle "delete" action', () => { const initialDocs = [ new Document({ pageContent: 'to be deleted', metadata: { source: 'delete.pdf', page: 1 }, }), ]; const result = reduceDocs(initialDocs, 'delete'); expect(result).toHaveLength(0); }); }); }); ================================================ FILE: backend/__tests__/retrieval_graph/integration.test.ts ================================================ import dotenv from 'dotenv'; dotenv.config(); import { graph } from '../../src/retrieval_graph/graph.js'; import { Document } from '@langchain/core/documents'; import { HumanMessage } from '@langchain/core/messages'; import { SupabaseVectorStore } from '@langchain/community/vectorstores/supabase'; import { OpenAIEmbeddings } from '@langchain/openai'; import { createClient } from '@supabase/supabase-js'; /** * These tests require environment variables to be set: * OPENAI_API_KEY=your_openai_api_key * SUPABASE_URL=your_supabase_url * SUPABASE_SERVICE_ROLE_KEY=your_supabase_service_role_key * * To run the tests: * 1. Create a .env file in the backend directory * 2. Add the above environment variables with your values * 3. Run: npm test retrieval_graph/integration */ describe('Retrieval Graph Integration', () => { let vectorStore: SupabaseVectorStore; beforeAll(async () => { // Check for required environment variables const requiredEnvVars = { OPENAI_API_KEY: process.env.OPENAI_API_KEY, SUPABASE_URL: process.env.SUPABASE_URL, SUPABASE_SERVICE_ROLE_KEY: process.env.SUPABASE_SERVICE_ROLE_KEY, }; const missingEnvVars = Object.entries(requiredEnvVars) .filter(([_, value]) => !value) .map(([key]) => key); if (missingEnvVars.length > 0) { console.error('\nMissing required environment variables:'); console.error(missingEnvVars.join('\n')); console.error( '\nPlease create a .env file with the following variables:', ); console.error('OPENAI_API_KEY=your_openai_api_key'); console.error('SUPABASE_URL=your_supabase_url'); console.error( 'SUPABASE_SERVICE_ROLE_KEY=your_supabase_service_role_key\n', ); return; } try { // Setup test documents in Supabase const embeddings = new OpenAIEmbeddings({ model: 'text-embedding-3-small', }); const supabaseClient = createClient( process.env.SUPABASE_URL!, process.env.SUPABASE_SERVICE_ROLE_KEY!, ); vectorStore = new SupabaseVectorStore(embeddings, { client: supabaseClient, tableName: 'documents', queryName: 'match_documents', }); // Add test documents with specific, unique information and ensure IDs are set const testDocs = [ new Document({ pageContent: 'Project XYZ-123 was initiated on March 15, 2024, with a budget of $2.5M. The project lead, Dr. Sarah Chen, established three primary objectives: improving system reliability by 35%, reducing operational costs by 28%, and implementing a new machine learning pipeline with 99.9% uptime.', metadata: { source: 'test', topic: 'project_report', id: 'test_xyz123', }, }), new Document({ pageContent: 'The quarterly security audit for Q1 2024 identified 17 low-priority vulnerabilities and 3 medium-priority issues. Team lead Michael Rodriguez implemented fixes for all medium-priority issues within 48 hours, achieving a new record response time. The remaining issues are scheduled for resolution by April 30, 2024.', metadata: { source: 'test', topic: 'security_audit', id: 'test_audit_q1_2024', }, }), ]; // Clean up any existing test documents first await supabaseClient .from('documents') .delete() .eq('metadata->>source', 'test'); // Add the new test documents await vectorStore.addDocuments(testDocs); } catch (error) { console.error('\nError setting up test environment:'); console.error(error); console.error('\nPlease ensure:'); console.error('1. Your Supabase credentials are correct'); console.error('2. The documents table exists with the correct schema'); console.error('3. Your OpenAI API key is valid\n'); throw error; // Rethrow to fail the test suite if setup fails } }, 30000); // Increased timeout to 30 seconds afterAll(async () => { // Clean up test documents only if environment variables are available if (!process.env.SUPABASE_URL || !process.env.SUPABASE_SERVICE_ROLE_KEY) { return; } try { const supabaseClient = createClient( process.env.SUPABASE_URL, process.env.SUPABASE_SERVICE_ROLE_KEY, ); // Delete test documents await supabaseClient .from('documents') .delete() .eq('metadata->>source', 'test'); } catch (error) { console.error('\nError cleaning up test documents:'); console.error(error); } }); // Skip all tests if environment variables are missing const shouldRunTests = () => { const hasEnvVars = process.env.SUPABASE_URL && process.env.SUPABASE_SERVICE_ROLE_KEY && process.env.OPENAI_API_KEY; if (!hasEnvVars) { console.warn('Skipping tests due to missing environment variables'); } return hasEnvVars; }; describe('Direct Answer Path', () => { it('should provide direct answers for general knowledge questions', async () => { if (!shouldRunTests()) return; const result = await graph.invoke({ messages: [], query: 'What is 2+2?', }); expect(result.messages).toHaveLength(1); expect(result.messages[0]).toBeInstanceOf(HumanMessage); const content = String(result.messages[0].content); expect(content).toContain('4'); }, 30000); }); describe('Retrieval Path', () => { it('should retrieve and use context to answer specific project questions', async () => { if (!shouldRunTests()) return; const result = await graph.invoke({ messages: [], query: 'What is the budget for Project XYZ-123 and who is the project lead?', }); expect(result.messages).toHaveLength(1); expect(result.documents).toBeDefined(); expect(result.documents.length).toBeGreaterThan(0); const content = String(result.messages[0].content); expect(content).toContain('$2.5M'); expect(content).toContain('Dr. Sarah Chen'); }, 30000); it('should retrieve and provide security audit details', async () => { if (!shouldRunTests()) return; const result = await graph.invoke({ messages: [], query: 'How many security vulnerabilities were found in Q1 2024 and who implemented the fixes?', }); expect(result.messages).toHaveLength(1); expect(result.documents).toBeDefined(); expect(result.documents.length).toBeGreaterThan(0); const content = String(result.messages[0].content); expect(content).toContain('17 low-priority'); expect(content).toContain('3 medium-priority'); expect(content).toContain('Michael Rodriguez'); }, 30000); it('should handle questions without relevant context gracefully', async () => { if (!shouldRunTests()) return; const result = await graph.invoke({ messages: [], query: 'What were the Q2 2024 security audit results?', }); expect(result.messages).toHaveLength(1); const content = String(result.messages[0].content); expect(content.toLowerCase()).toMatch( /(cannot|don't|not|sorry) (find|have|know|answer)/i, ); }, 30000); }); describe('Error Cases', () => { it('should handle malformed queries gracefully', async () => { if (!shouldRunTests()) return; const result = await graph.invoke({ messages: [], query: ' ', }); expect(result.messages).toHaveLength(1); const content = String(result.messages[0].content); expect(content).toBeTruthy(); }, 30000); }); describe('Message History', () => { it('should preserve human messages in the conversation history', async () => { if (!shouldRunTests()) return; // First query const result1 = await graph.invoke({ messages: [], query: 'What is the budget for Project XYZ-123?', }); // Second query should include history from first query const result2 = await graph.invoke({ messages: result1.messages, query: 'Who is the project lead?', }); // Verify message history structure expect(result2.messages.length).toBeGreaterThan(1); // Find human messages in the history const humanMessages = result2.messages.filter( (msg) => msg instanceof HumanMessage, ); const aiMessages = result2.messages.filter( (msg) => !(msg instanceof HumanMessage), ); // Verify we have both human and AI messages expect(humanMessages.length).toBeGreaterThan(0); expect(aiMessages.length).toBeGreaterThan(0); // Verify the order - each human message should be followed by an AI message result2.messages.forEach((msg, index) => { if ( msg instanceof HumanMessage && index < result2.messages.length - 1 ) { expect(result2.messages[index + 1] instanceof HumanMessage).toBe( false, ); } }); // Verify content of messages expect(String(humanMessages[0].content)).toContain('budget'); expect(String(humanMessages[1].content)).toContain('project lead'); }, 30000); }); }); ================================================ FILE: backend/__tests__/retrieval_graph/promptTemplate.test.ts ================================================ import { ROUTER_SYSTEM_PROMPT, RESPONSE_SYSTEM_PROMPT, } from '../../src/retrieval_graph/prompts.js'; describe('Prompt Templates', () => { describe('ROUTER_SYSTEM_PROMPT', () => { it('should format the router prompt correctly', async () => { const query = 'What is the capital of France?'; const formattedPrompt = await ROUTER_SYSTEM_PROMPT.invoke({ query, }); expect(formattedPrompt.toString()).toContain( 'You are a routing assistant', ); expect(formattedPrompt.toString()).toContain(query); expect(formattedPrompt.toString()).toContain("'retrieve'"); expect(formattedPrompt.toString()).toContain("'direct'"); }); }); describe('RESPONSE_SYSTEM_PROMPT', () => { it('should format the response prompt correctly', async () => { const context = 'Paris is the capital of France.'; const question = 'Tell me about the capital of France.'; const formattedPrompt = await RESPONSE_SYSTEM_PROMPT.invoke({ context: 'Paris is the capital of France.', question: 'Tell me about the capital of France.', }); console.log(formattedPrompt.toString()); expect(formattedPrompt.toString()).toContain( 'You are an assistant for question-answering tasks', ); expect(formattedPrompt.toString()).toContain(context); expect(formattedPrompt.toString()).toContain(question); }); }); }); ================================================ FILE: backend/demo.ts ================================================ import { Client } from '@langchain/langgraph-sdk'; import { graph } from './src/retrieval_graph/graph.js'; import dotenv from 'dotenv'; // Load environment variables from .env file dotenv.config(); // Environment variables needed: // LANGGRAPH_API_URL: The URL where your LangGraph server is running // - For local development: http://localhost:2024 (or your local server port) // - For LangSmith cloud: https://api.smith.langchain.com // const assistant_id = 'retrieval_graph'; async function runDemo() { // Initialize the LangGraph client const client = new Client({ apiUrl: process.env.LANGGRAPH_API_URL || 'http://localhost:2024', }); // Create a new thread for this conversation console.log('Creating new thread...'); const thread = await client.threads.create({ metadata: { demo: 'retrieval-graph', }, }); console.log('Thread created with ID:', thread.thread_id); // Example question const question = 'What is this document about?'; console.log('\n=== Streaming Example ==='); console.log('Question:', question); // Run the graph with streaming try { console.log('\nStarting stream...'); const stream = await client.runs.stream(thread.thread_id, assistant_id, { input: { query: question }, streamMode: ['values', 'messages', 'updates'], // Include all stream types }); // Process the stream chunks console.log('\nWaiting for stream chunks...'); for await (const chunk of stream) { console.log('\nReceived chunk:'); // console.log('Event type:', chunk.event); if (chunk.event === 'values') { // console.log('Values data:', JSON.stringify(chunk.data, null, 2)); } else if (chunk.event === 'messages/partial') { // console.log('Messages data:', JSON.stringify(chunk, null, 2)); } else if (chunk.event === 'updates') { console.log('Update data:', JSON.stringify(chunk.data, null, 2)); } } console.log('\nStream completed.'); const messagesStream = await client.runs.stream( thread.thread_id, assistant_id, { input: { query: question }, streamMode: 'updates', // Include all stream types }, ); for await (const chunk of messagesStream) { console.log('\nReceived chunk:'); console.log('Event type:', chunk.event); console.log('updates data:', JSON.stringify(chunk.data, null, 2)); } } catch (error) { console.error('Error in streaming run:', error); // Log more details about the error if (error instanceof Error) { console.error('Error message:', error.message); console.error('Error stack:', error.stack); } } } // Run the demo runDemo().catch((error) => { console.error('Fatal error:', error); process.exit(1); }); ================================================ FILE: backend/ingest-demo.ipynb ================================================ { "cells": [ { "cell_type": "code", "execution_count": 4, "metadata": {}, "outputs": [], "source": [ "import { SupabaseVectorStore } from \"@langchain/community/vectorstores/supabase\";\n", "import { OpenAIEmbeddings } from \"@langchain/openai\";\n", "import { createClient } from \"@supabase/supabase-js\";\n", "import dotenv from \"dotenv\";\n", "dotenv.config();\n", "\n", "const embeddings = new OpenAIEmbeddings({\n", " model: \"text-embedding-3-small\",\n", " });\n", "\n", " const supabaseClient = createClient(\n", " process.env.SUPABASE_URL ?? '',\n", " process.env.SUPABASE_SERVICE_ROLE_KEY ?? '',\n", " );\n", " const vectorStore = new SupabaseVectorStore(embeddings, {\n", " client: supabaseClient,\n", " tableName: 'documents',\n", " queryName: 'match_documents',\n", " });\n", "\n" ] }, { "cell_type": "code", "execution_count": 5, "metadata": {}, "outputs": [ { "name": "stdout", "output_type": "stream", "text": [ "{\n", " pageContent: 'UNITED\\tSTATES\\n' +\n", " 'SECURITIES\\tAND\\tEXCHANGE\\tCOMMISSION\\n' +\n", " 'Washington,\\tD.C.\\t20549\\n' +\n", " 'FORM\\t10-K\\n' +\n", " '(Mark\\tOne)\\n' +\n", " 'xANNUAL\\tREPORT\\tPURSUANT\\tTO\\tSECTION\\t13\\tOR\\t15(d)\\tOF\\tTHE\\tSECURITIES\\tEXCHANGE\\tACT\\tOF\\t1934\\n' +\n", " 'For\\tthe\\tfiscal\\tyear\\tended\\tDecember\\t31,\\t2023\\n' +\n", " 'OR\\n' +\n", " 'oTRANSITION\\tREPORT\\tPURSUANT\\tTO\\tSECTION\\t13\\tOR\\t15(d)\\tOF\\tTHE\\tSECURITIES\\tEXCHANGE\\tACT\\tOF\\t1934\\n' +\n", " 'For\\tthe\\ttransition\\tperiod\\tfrom\\t_________\\tto\\t_________\\n' +\n", " 'Commission\\tFile\\tNumber:\\t001-34756\\n' +\n", " 'Tesla,\\tInc.\\n' +\n", " '(Exact\\tname\\tof\\tregistrant\\tas\\tspecified\\tin\\tits\\tcharter)\\n' +\n", " 'Delaware91-2197729\\n' +\n", " '(State\\tor\\tother\\tjurisdiction\\tof\\n' +\n", " 'incorporation\\tor\\torganization)\\n' +\n", " '(I.R.S.\\tEmployer\\n' +\n", " 'Identification\\tNo.)\\n' +\n", " '1\\tTesla\\tRoad\\n' +\n", " 'Austin,\\tTexas78725\\n' +\n", " '(Address\\tof\\tprincipal\\texecutive\\toffices)(Zip\\tCode)\\n' +\n", " '(512)\\t516-8177\\n' +\n", " '(Registrant’s\\ttelephone\\tnumber,\\tincluding\\tarea\\tcode)\\n' +\n", " 'Securities\\tregistered\\tpursuant\\tto\\tSection\\t12(b)\\tof\\tthe\\tAct:\\n' +\n", " 'Title\\tof\\teach\\tclassTrading\\tSymbol(s)Name\\tof\\teach\\texchange\\ton\\twhich\\tregistered\\n' +\n", " 'Common\\tstockTSLAThe\\tNasdaq\\tGlobal\\tSelect\\tMarket\\n' +\n", " 'Securities\\tregistered\\tpursuant\\tto\\tSection\\t12(g)\\tof\\tthe\\tAct:\\n' +\n", " 'None\\n' +\n", " 'Indicate\\tby\\tcheck\\tmark\\twhether\\tthe\\tregistrant\\tis\\ta\\twell-known\\tseasoned\\tissuer,\\tas\\tdefined\\tin\\tRule\\t405\\tof\\tthe\\tSecurities\\tAct.\\tYes\\tx\\tNo\\to\\n' +\n", " 'Indicate\\tby\\tcheck\\tmark\\tif\\tthe\\tregistrant\\tis\\tnot\\trequired\\tto\\tfile\\treports\\tpursuant\\tto\\tSection\\t13\\tor\\t15(d)\\tof\\tthe\\tAct.\\tYes\\to\\tNo\\tx\\n' +\n", " 'Indicate\\tby\\tcheck\\tmark\\twhether\\tthe\\tregistrant\\t(1)\\thas\\tfiled\\tall\\treports\\trequired\\tto\\tbe\\tfiled\\tby\\tSection\\t13\\tor\\t15(d)\\tof\\tthe\\tSecurities\\tExchange\\tAct\\tof\\t1934\\t(“Exchange\\tAct”)\\n' +\n", " 'during\\tthe\\tpreceding\\t12\\tmonths\\t(or\\tfor\\tsuch\\tshorter\\tperiod\\tthat\\tthe\\tregistrant\\twas\\trequired\\tto\\tfile\\tsuch\\treports),\\tand\\t(2)\\thas\\tbeen\\tsubject\\tto\\tsuch\\tfiling\\trequirements\\tfor\\tthe\\tpast\\t90\\n' +\n", " 'days.\\tYes\\tx\\tNo\\to\\n' +\n", " 'Indicate\\tby\\tcheck\\tmark\\twhether\\tthe\\tregistrant\\thas\\tsubmitted\\telectronically\\tevery\\tInteractive\\tData\\tFile\\trequired\\tto\\tbe\\tsubmitted\\tpursuant\\tto\\tRule\\t405\\tof\\tRegulation\\tS-T\\n' +\n", " '(§232.405\\tof\\tthis\\tchapter)\\tduring\\tthe\\tpreceding\\t12\\tmonths\\t(or\\tfor\\tsuch\\tshorter\\tperiod\\tthat\\tthe\\tregistrant\\twas\\trequired\\tto\\tsubmit\\tsuch\\tfiles).\\tYes\\tx\\tNo\\to',\n", " metadata: {\n", " source: './test_docs/test-tsla-10k-2023.pdf',\n", " pdf: {\n", " version: '1.10.100',\n", " info: [Object],\n", " metadata: null,\n", " totalPages: 130\n", " },\n", " loc: { pageNumber: 1, lines: [Object] },\n", " uuid: 'f96c76fd-d49a-476e-8565-29bbe5d60101'\n", " },\n", " id: 'f96c76fd-d49a-476e-8565-29bbe5d60101'\n", "}\n" ] } ], "source": [ "import { PDFLoader } from \"@langchain/community/document_loaders/fs/pdf\";\n", "import { RecursiveCharacterTextSplitter } from \"@langchain/textsplitters\";\n", "import { writeFile } from \"fs/promises\";\n", "import { reduceDocs } from \"./src/shared/state.js\";\n", "\n", "const pdfPath = \"./test_docs/test-tsla-10k-2023.pdf\"\n", "\n", "const loader = new PDFLoader(pdfPath);\n", "\n", "const docs = await loader.load();\n", "\n", "\n", "const textSplitter = new RecursiveCharacterTextSplitter({\n", " chunkSize: 2000,\n", " chunkOverlap: 50,\n", " });\n", "const docSplits = await textSplitter.splitDocuments(docs);\n", "\n", "const finalDocs = reduceDocs([], docSplits);\n", "\n", " \n", "finalDocs[0]\n", "\n" ] }, { "cell_type": "code", "execution_count": 13, "metadata": {}, "outputs": [ { "name": "stdout", "output_type": "stream", "text": [ "[\n", " 'f96c76fd-d49a-476e-8565-29bbe5d60101',\n", " 'cf036396-4b2b-46fb-9ca4-20bbd6a3947e',\n", " 'f725b551-cdad-4b17-9681-6c7ac07742aa',\n", " '950dc7ea-3040-4e32-926f-3d2ad76598ba',\n", " 'd756834a-3b9c-4ac4-90f2-5a5bb9a88b89',\n", " '15dcb874-9a11-414c-a612-4ba9ac78df9b',\n", " '27c14e27-544b-4e2d-bd30-5271fc1c1945',\n", " 'c087b995-9b3c-43c9-849e-1ffccfa710e0',\n", " 'ac0b84ff-f893-4a95-aaad-c79b9951c32e',\n", " '2f176e4f-1128-47ee-8803-ee004b725458',\n", " 'b72bf8bd-47be-4392-8781-1fee00cd8028',\n", " 'f87b847c-07e7-4e87-8a73-533028f7d778',\n", " 'a2a571cf-bbec-40b6-a5e7-8a33fd36d1dd',\n", " '2405ac0e-8041-41e6-b8d2-c695a03a8a9a',\n", " '157becfc-79c8-43f6-941b-df7e62a51811',\n", " '79d2e706-1212-4a89-85f6-ff117f8a43cc',\n", " '97353508-c3d5-4c16-9b13-ab792aabd89b',\n", " 'c63472f4-bd4d-4469-96a5-8eb01cd5fad2',\n", " '0f221405-317e-4c2a-ac61-7ad049a3bcf4',\n", " 'de3767fe-d129-4218-b062-4b3c689797a6',\n", " 'ba25d45b-6d25-467e-bf25-0106088d9da8',\n", " '4a391f87-1ccb-4f66-8cc8-d7a7f98c1455',\n", " '844ef3dc-9281-4912-9ddb-52260891237d',\n", " 'c9b88bc9-6711-4c1d-a44d-878f3c9567d3',\n", " 'cff9d8f9-0037-4666-a9a6-bbdce8ec6281',\n", " 'a59d30c4-4ff6-4ade-b7b7-72130510fdc2',\n", " '8189a997-b7db-412c-a24a-d2ad899996c3',\n", " '3b84ebcb-83ff-4c28-a820-ba220b1182e0',\n", " 'cee3e54f-28da-44ba-8e89-3e7190da9c4d',\n", " '7b8c2bfd-4e60-4dc0-9925-d91f12687bb9',\n", " '6ee122b7-711c-41b3-8cff-c91c937521fb',\n", " '90cfc70d-ed91-40df-a950-6156b58a958d',\n", " 'f65b5f7c-6188-4fbc-97a3-fe4a9a0195ef',\n", " '93838d7f-cbc1-49c0-b1c3-7346890a33c6',\n", " '4a151e15-2168-4c82-9328-ec9b38d74a33',\n", " '468454c2-3de2-4fb9-94d4-0401bd6bbe5a',\n", " '9ec60200-82d7-4be9-ac08-0b23ec063bbd',\n", " 'c14d0c79-9fcf-4881-97b9-28a26909623b',\n", " '5dd44111-2198-4450-a775-a127f1871113',\n", " '893ebdd6-03c4-4bb0-804c-6450c878a9ea',\n", " '31a4d42a-7754-4577-8ba3-0a3f8211de83',\n", " '77d5342d-4ba5-456b-8847-f4035db744fc',\n", " '99b1d564-b7c2-4ca1-9ffc-32a166750e79',\n", " 'b42d8825-beb6-408d-a52a-ee173c0145e1',\n", " 'f8c0c005-4d91-46f7-b814-9b4b13899e30',\n", " '6ba1713f-edc4-42bd-860b-96919be6571d',\n", " 'aa5bc2b5-4f0a-4c22-9612-998c5cd69bb1',\n", " '91b91359-d140-458e-8fab-83ee5453a790',\n", " '9f0bf3da-5c8e-45aa-bc48-3d4e61c3ebdb',\n", " '1be204e4-70b0-47fc-b21e-7224eab69a75',\n", " 'be8393f0-ca5f-45c9-b1d7-986a303d0369',\n", " '89be8879-eb8b-46a6-82e2-e51792f681b9',\n", " '2522017c-9477-472d-8108-d76459ba8aa7',\n", " 'a691255f-4a4c-48ec-a3a3-80aba6c18c79',\n", " 'd2fb69aa-4717-445f-92cb-508218940968',\n", " 'db3123f4-4123-46b9-b9f4-0e6e1fa7e3c3',\n", " '40f718e8-6881-4bb9-9d39-13aab528056d',\n", " 'a5dbff0a-3b09-4d12-b8ad-654bce0f5dee',\n", " '6aea630d-a505-49cf-8d10-8174bd4faa15',\n", " '496d2ee5-ab26-46b4-8b9d-7acc9ea36075',\n", " 'd34e623c-072f-49d3-9e94-4b70fcda51b2',\n", " '18e26f1c-e144-4777-8f5f-776de83fb3be',\n", " '938c7da4-2359-488e-89b8-fb4be3ce5b01',\n", " 'e6ebe707-26b2-4b18-91cc-a4a331217b2a',\n", " 'b025fdeb-35b7-46cc-85d1-3ec4ca0caddc',\n", " 'ddead230-69b3-410d-9eea-e89545dfff25',\n", " 'fb934adb-735c-4fed-a052-d896ddd437bf',\n", " 'ae420132-f438-4ff4-b992-3a3ccb69a5ef',\n", " '38784dc9-ecdd-4759-97a8-4ee22aca4634',\n", " '9d56a989-f2d2-4ad5-9e49-1898dd6e75f2',\n", " '18400d6c-ab86-4f50-86aa-4b234b62f009',\n", " 'a4494df8-bfd6-44c6-b8b2-b81ff61a74fe',\n", " 'f8f51316-2feb-4b31-9e46-4689bf46787c',\n", " 'df12bf50-6dd4-492b-9c18-0e2e4841a4a4',\n", " '34ceec9a-0016-43c0-8c55-7fcfe4495a8b',\n", " 'bbf9a474-4f3a-4abf-9342-699d2e9fe409',\n", " '4f6ea7fc-2786-45f1-a4d2-7ecfbd36582a',\n", " '71767cfe-8200-4971-820b-73129cdc9545',\n", " '202e0e63-e8a5-4f7d-8484-4d46aad50d7f',\n", " 'bd131dd5-5d7b-45b1-9799-1ffb62d98797',\n", " '1feb01f4-846c-494d-a6b8-5f4537fca483',\n", " 'a2c43dbe-dd5a-49eb-9cf6-38746b7d1f5c',\n", " 'd8c2ffce-9430-4a0b-8693-1aacca4182dd',\n", " '315485dc-3489-4d76-872e-265b70a48bed',\n", " '6068a764-8f01-4cbd-97f5-53350c8a05a0',\n", " 'c6f489c6-e661-4dd0-a648-94876c401f76',\n", " 'b807e746-b164-4d77-9920-add981023992',\n", " 'f326c9c3-fec6-4261-aad3-ca1e6c24e3e0',\n", " '4c03255a-7007-4b62-89f9-7102969d292b',\n", " '771daa63-07ad-4342-b1e8-8ea7236b5e03',\n", " '0dc20776-a46a-49cf-a85e-9d76fd294360',\n", " 'd6270cad-f2c1-4832-84dd-af0d4b757226',\n", " '1d105310-5247-4bf1-8594-c8f32b2d1b7e',\n", " 'bc5e8845-9e7e-4c4d-be6f-46eda519185d',\n", " 'fd844e2f-d433-46c2-87d6-b3c64535a8a2',\n", " '7381ceeb-a2b0-4ff9-b72f-3cbf8f1641b8',\n", " '52751f69-2718-4306-b7ec-57a142906aa2',\n", " '2772db49-0b98-4c5d-9814-82c5b7439271',\n", " 'a622b09e-03bd-4a18-a927-5c52dfb9293e',\n", " '06e6b02a-6967-44d3-aa7f-13cec5746ab3',\n", " ... 193 more items\n", "]\n" ] } ], "source": [ "const documentIds = finalDocs.map((doc) => doc.id);\n", "await vectorStore.addDocuments(finalDocs, {ids: documentIds});\n", " " ] }, { "cell_type": "code", "execution_count": 14, "metadata": {}, "outputs": [ { "name": "stdout", "output_type": "stream", "text": [ "{\n", " error: null,\n", " data: [\n", " { id: 'f96c76fd-d49a-476e-8565-29bbe5d60101' },\n", " { id: 'cf036396-4b2b-46fb-9ca4-20bbd6a3947e' },\n", " { id: 'f725b551-cdad-4b17-9681-6c7ac07742aa' },\n", " { id: '950dc7ea-3040-4e32-926f-3d2ad76598ba' },\n", " { id: 'd756834a-3b9c-4ac4-90f2-5a5bb9a88b89' },\n", " { id: '15dcb874-9a11-414c-a612-4ba9ac78df9b' },\n", " { id: '27c14e27-544b-4e2d-bd30-5271fc1c1945' },\n", " { id: 'c087b995-9b3c-43c9-849e-1ffccfa710e0' },\n", " { id: 'ac0b84ff-f893-4a95-aaad-c79b9951c32e' },\n", " { id: '2f176e4f-1128-47ee-8803-ee004b725458' },\n", " { id: 'b72bf8bd-47be-4392-8781-1fee00cd8028' },\n", " { id: 'f87b847c-07e7-4e87-8a73-533028f7d778' },\n", " { id: 'a2a571cf-bbec-40b6-a5e7-8a33fd36d1dd' },\n", " { id: '2405ac0e-8041-41e6-b8d2-c695a03a8a9a' },\n", " { id: '157becfc-79c8-43f6-941b-df7e62a51811' },\n", " { id: '79d2e706-1212-4a89-85f6-ff117f8a43cc' },\n", " { id: '97353508-c3d5-4c16-9b13-ab792aabd89b' },\n", " { id: 'a59d30c4-4ff6-4ade-b7b7-72130510fdc2' },\n", " { id: 'c63472f4-bd4d-4469-96a5-8eb01cd5fad2' },\n", " { id: '0f221405-317e-4c2a-ac61-7ad049a3bcf4' },\n", " { id: 'de3767fe-d129-4218-b062-4b3c689797a6' },\n", " { id: 'ba25d45b-6d25-467e-bf25-0106088d9da8' },\n", " { id: '755a56bf-ba20-4fc6-885b-97b1f1389cca' },\n", " { id: '4a391f87-1ccb-4f66-8cc8-d7a7f98c1455' },\n", " { id: '844ef3dc-9281-4912-9ddb-52260891237d' },\n", " { id: 'c9b88bc9-6711-4c1d-a44d-878f3c9567d3' },\n", " { id: 'cff9d8f9-0037-4666-a9a6-bbdce8ec6281' },\n", " { id: '5c1ca925-732a-4eb1-b89e-222149802725' },\n", " { id: '8189a997-b7db-412c-a24a-d2ad899996c3' },\n", " { id: '3b84ebcb-83ff-4c28-a820-ba220b1182e0' },\n", " { id: 'cee3e54f-28da-44ba-8e89-3e7190da9c4d' },\n", " { id: '7b8c2bfd-4e60-4dc0-9925-d91f12687bb9' },\n", " { id: '6ee122b7-711c-41b3-8cff-c91c937521fb' },\n", " { id: '90cfc70d-ed91-40df-a950-6156b58a958d' },\n", " { id: 'f65b5f7c-6188-4fbc-97a3-fe4a9a0195ef' },\n", " { id: '93838d7f-cbc1-49c0-b1c3-7346890a33c6' },\n", " { id: '4a151e15-2168-4c82-9328-ec9b38d74a33' },\n", " { id: '468454c2-3de2-4fb9-94d4-0401bd6bbe5a' },\n", " { id: '01bdc318-486d-4fc3-9494-54e89528b837' },\n", " { id: '9ec60200-82d7-4be9-ac08-0b23ec063bbd' },\n", " { id: 'c14d0c79-9fcf-4881-97b9-28a26909623b' },\n", " { id: '5dd44111-2198-4450-a775-a127f1871113' },\n", " { id: '893ebdd6-03c4-4bb0-804c-6450c878a9ea' },\n", " { id: '31a4d42a-7754-4577-8ba3-0a3f8211de83' },\n", " { id: '77d5342d-4ba5-456b-8847-f4035db744fc' },\n", " { id: '99b1d564-b7c2-4ca1-9ffc-32a166750e79' },\n", " { id: 'b42d8825-beb6-408d-a52a-ee173c0145e1' },\n", " { id: '18e26f1c-e144-4777-8f5f-776de83fb3be' },\n", " { id: 'f8c0c005-4d91-46f7-b814-9b4b13899e30' },\n", " { id: '6ba1713f-edc4-42bd-860b-96919be6571d' },\n", " { id: 'aa5bc2b5-4f0a-4c22-9612-998c5cd69bb1' },\n", " { id: '91b91359-d140-458e-8fab-83ee5453a790' },\n", " { id: 'bbf9a474-4f3a-4abf-9342-699d2e9fe409' },\n", " { id: '9f0bf3da-5c8e-45aa-bc48-3d4e61c3ebdb' },\n", " { id: '1be204e4-70b0-47fc-b21e-7224eab69a75' },\n", " { id: 'be8393f0-ca5f-45c9-b1d7-986a303d0369' },\n", " { id: '89be8879-eb8b-46a6-82e2-e51792f681b9' },\n", " { id: '6068a764-8f01-4cbd-97f5-53350c8a05a0' },\n", " { id: '2522017c-9477-472d-8108-d76459ba8aa7' },\n", " { id: 'a691255f-4a4c-48ec-a3a3-80aba6c18c79' },\n", " { id: 'd2fb69aa-4717-445f-92cb-508218940968' },\n", " { id: 'db3123f4-4123-46b9-b9f4-0e6e1fa7e3c3' },\n", " { id: '40f718e8-6881-4bb9-9d39-13aab528056d' },\n", " { id: 'a5dbff0a-3b09-4d12-b8ad-654bce0f5dee' },\n", " { id: '6aea630d-a505-49cf-8d10-8174bd4faa15' },\n", " { id: '496d2ee5-ab26-46b4-8b9d-7acc9ea36075' },\n", " { id: 'd34e623c-072f-49d3-9e94-4b70fcda51b2' },\n", " { id: '938c7da4-2359-488e-89b8-fb4be3ce5b01' },\n", " { id: 'e6ebe707-26b2-4b18-91cc-a4a331217b2a' },\n", " { id: 'b025fdeb-35b7-46cc-85d1-3ec4ca0caddc' },\n", " { id: 'ddead230-69b3-410d-9eea-e89545dfff25' },\n", " { id: 'e00c5fe1-c425-4bea-9c37-0836c2c6befa' },\n", " { id: 'fb934adb-735c-4fed-a052-d896ddd437bf' },\n", " { id: 'ae420132-f438-4ff4-b992-3a3ccb69a5ef' },\n", " { id: '38784dc9-ecdd-4759-97a8-4ee22aca4634' },\n", " { id: '9d56a989-f2d2-4ad5-9e49-1898dd6e75f2' },\n", " { id: 'fd844e2f-d433-46c2-87d6-b3c64535a8a2' },\n", " { id: '18400d6c-ab86-4f50-86aa-4b234b62f009' },\n", " { id: 'a4494df8-bfd6-44c6-b8b2-b81ff61a74fe' },\n", " { id: 'f8f51316-2feb-4b31-9e46-4689bf46787c' },\n", " { id: 'df12bf50-6dd4-492b-9c18-0e2e4841a4a4' },\n", " { id: '34ceec9a-0016-43c0-8c55-7fcfe4495a8b' },\n", " { id: '4f6ea7fc-2786-45f1-a4d2-7ecfbd36582a' },\n", " { id: '71767cfe-8200-4971-820b-73129cdc9545' },\n", " { id: '202e0e63-e8a5-4f7d-8484-4d46aad50d7f' },\n", " { id: 'bd131dd5-5d7b-45b1-9799-1ffb62d98797' },\n", " { id: 'a565e1b0-c95b-4e11-a3d6-c63866c31261' },\n", " { id: '1feb01f4-846c-494d-a6b8-5f4537fca483' },\n", " { id: 'a2c43dbe-dd5a-49eb-9cf6-38746b7d1f5c' },\n", " { id: 'd8c2ffce-9430-4a0b-8693-1aacca4182dd' },\n", " { id: '315485dc-3489-4d76-872e-265b70a48bed' },\n", " { id: '4ff4df53-51dd-4735-b7ec-1ad08951e16e' },\n", " { id: 'c6f489c6-e661-4dd0-a648-94876c401f76' },\n", " { id: 'b807e746-b164-4d77-9920-add981023992' },\n", " { id: 'f326c9c3-fec6-4261-aad3-ca1e6c24e3e0' },\n", " { id: '4c03255a-7007-4b62-89f9-7102969d292b' },\n", " { id: '771daa63-07ad-4342-b1e8-8ea7236b5e03' },\n", " { id: '0dc20776-a46a-49cf-a85e-9d76fd294360' },\n", " { id: 'd6270cad-f2c1-4832-84dd-af0d4b757226' },\n", " { id: '1d105310-5247-4bf1-8594-c8f32b2d1b7e' },\n", " ... 193 more items\n", " ],\n", " count: 293,\n", " status: 200,\n", " statusText: 'OK'\n", "}\n" ] } ], "source": [ "//count the number of documents in the vector store\n", "\n", "await vectorStore.client.from('documents').select('id', { count: \n", "'exact'});\n" ] }, { "cell_type": "code", "execution_count": 15, "metadata": {}, "outputs": [ { "name": "stdout", "output_type": "stream", "text": [ "[\n", " Document {\n", " pageContent: 'security\\tincidents,\\twhich\\tcould\\tresult\\tin\\tdata\\tbreaches,\\tintellectual\\tproperty\\ttheft,\\tclaims,\\tlitigation,\\tregulatory\\tinvestigations,\\tsignificant\\tliability,\\n' +\n", " 'reputational\\tdamage\\tand\\tother\\tadverse\\tconsequences”\\tincluded\\tas\\tpart\\tof\\tour\\trisk\\tfactor\\tdisclosures\\tat\\tItem\\t1A\\tof\\tthis\\tAnnual\\tReport\\ton\\tForm\\t10-K.\\n' +\n", " 'Cybersecurity\\tGovernance\\n' +\n", " 'Cybersecurity\\tis\\tan\\timportant\\tpart\\tof\\tour\\trisk\\tmanagement\\tprocesses\\tand\\tan\\tarea\\tof\\tfocus\\tfor\\tour\\tBoard\\tand\\tmanagement.\\tOur\\tAudit\\tCommittee\\tis\\n' +\n", " 'responsible\\tfor\\tthe\\toversight\\tof\\trisks\\tfrom\\tcybersecurity\\tthreats.\\tMembers\\tof\\tthe\\tAudit\\tCommittee\\treceive\\tupdates\\ton\\ta\\tquarterly\\tbasis\\tfrom\\tsenior\\n' +\n", " 'management,\\tincluding\\tleaders\\tfrom\\tour\\tInformation\\tSecurity,\\tProduct\\tSecurity,\\tCompliance\\tand\\tLegal\\tteams\\tregarding\\tmatters\\tof\\tcybersecurity.\\tThis\\n' +\n", " 'includes\\texisting\\tand\\tnew\\tcybersecurity\\trisks,\\tstatus\\ton\\thow\\tmanagement\\tis\\taddressing\\tand/or\\tmitigating\\tthose\\trisks,\\tcybersecurity\\tand\\tdata\\tprivacy\\n' +\n", " 'incidents\\t(if\\tany)\\tand\\tstatus\\ton\\tkey\\tinformation\\tsecurity\\tinitiatives.\\tOur\\tBoard\\tmembers\\talso\\tengage\\tin\\tad\\thoc\\tconversations\\twith\\tmanagement\\ton\\n' +\n", " 'cybersecurity-related\\tnews\\tevents\\tand\\tdiscuss\\tany\\tupdates\\tto\\tour\\tcybersecurity\\trisk\\tmanagement\\tand\\tstrategy\\tprograms.\\n' +\n", " '29',\n", " metadata: {\n", " loc: [Object],\n", " pdf: [Object],\n", " uuid: '6068a764-8f01-4cbd-97f5-53350c8a05a0',\n", " source: './test_docs/test-tsla-10k-2023.pdf'\n", " },\n", " id: undefined\n", " },\n", " Document {\n", " pageContent: 'Risks\\tRelated\\tto\\tOur\\tAbility\\tto\\tGrow\\tOur\\tBusiness\\n' +\n", " 'We\\tmay\\texperience\\tdelays\\tin\\tlaunching\\tand\\tramping\\tthe\\tproduction\\tof\\tour\\tproducts\\tand\\tfeatures,\\tor\\twe\\tmay\\tbe\\tunable\\tto\\tcontrol\\n' +\n", " 'our\\tmanufacturing\\tcosts.\\n' +\n", " 'We\\thave\\tpreviously\\texperienced\\tand\\tmay\\tin\\tthe\\tfuture\\texperience\\tlaunch\\tand\\tproduction\\tramp\\tdelays\\tfor\\tnew\\tproducts\\tand\\tfeatures.\\tFor\\texample,\\n' +\n", " 'we\\tencountered\\tunanticipated\\tsupplier\\tissues\\tthat\\tled\\tto\\tdelays\\tduring\\tthe\\tinitial\\tramp\\tof\\tour\\tfirst\\tModel\\tX\\tand\\texperienced\\tchallenges\\twith\\ta\\tsupplier\\tand\\n' +\n", " 'with\\tramping\\tfull\\tautomation\\tfor\\tcertain\\tof\\tour\\tinitial\\tModel\\t3\\tmanufacturing\\tprocesses.\\tIn\\taddition,\\twe\\tmay\\tintroduce\\tin\\tthe\\tfuture\\tnew\\tor\\tunique\\n' +\n", " 'manufacturing\\tprocesses\\tand\\tdesign\\tfeatures\\tfor\\tour\\tproducts.\\tAs\\twe\\texpand\\tour\\tvehicle\\tofferings\\tand\\tglobal\\tfootprint,\\tthere\\tis\\tno\\tguarantee\\tthat\\twe\\twill\\n' +\n", " 'be\\table\\tto\\tsuccessfully\\tand\\ttimely\\tintroduce\\tand\\tscale\\tsuch\\tprocesses\\tor\\tfeatures.\\n' +\n", " '14',\n", " metadata: {\n", " loc: [Object],\n", " pdf: [Object],\n", " uuid: '4a151e15-2168-4c82-9328-ec9b38d74a33',\n", " source: './test_docs/test-tsla-10k-2023.pdf'\n", " },\n", " id: undefined\n", " },\n", " Document {\n", " pageContent: 'Employees\\tare\\tencouraged\\tto\\tspeak\\tup\\tboth\\tin\\tregard\\tto\\tmisconduct\\tand\\tsafety\\tconcerns\\tand\\tcan\\tdo\\tso\\tby\\tcontacting\\tthe\\tintegrity\\tline,\\tsubmitting\\n' +\n", " 'concerns\\tthrough\\tour\\tTake\\tCharge\\tprocess,\\tor\\tnotifying\\ttheir\\tHuman\\tResource\\tPartner\\tor\\tany\\tmember\\tof\\tmanagement.\\tConcerns\\tare\\treviewed\\tin\\n' +\n", " 'accordance\\twith\\testablished\\tprotocols\\tby\\tinvestigators\\twith\\texpertise,\\twho\\talso\\treview\\tfor\\ttrends\\tand\\toutcomes\\tfor\\tremediation\\tand\\tappropriate\\tcontrols.\\n' +\n", " 'Responding\\tto\\tquestions\\ttimely\\tis\\tkey\\tso\\tHuman\\tResource\\tPartners\\tfor\\teach\\tfunctional\\tarea\\tare\\tvisible\\tthroughout\\tfacilities\\tand\\tare\\tactively\\tinvolved\\tin\\n' +\n", " 'driving\\tculture\\tand\\tengagement\\talongside\\tbusiness\\tleaders.\\n' +\n", " 'Available\\tInformation\\n' +\n", " 'We\\tfile\\tor\\tfurnish\\tperiodic\\treports\\tand\\tamendments\\tthereto,\\tincluding\\tour\\tAnnual\\tReports\\ton\\tForm\\t10-K,\\tour\\tQuarterly\\tReports\\ton\\tForm\\t10-Q\\tand\\n' +\n", " 'Current\\tReports\\ton\\tForm\\t8-K,\\tproxy\\tstatements\\tand\\tother\\tinformation\\twith\\tthe\\tSEC.\\tIn\\taddition,\\tthe\\tSEC\\tmaintains\\ta\\twebsite\\t(www.sec.gov)\\tthat\\tcontains\\n' +\n", " 'reports,\\tproxy\\tand\\tinformation\\tstatements,\\tand\\tother\\tinformation\\tregarding\\tissuers\\tthat\\tfile\\telectronically.\\tOur\\twebsite\\tis\\tlocated\\tat\\twww.tesla.com,\\tand\\n' +\n", " 'our\\treports,\\tamendments\\tthereto,\\tproxy\\tstatements\\tand\\tother\\tinformation\\tare\\talso\\tmade\\tavailable,\\tfree\\tof\\tcharge,\\ton\\tour\\tinvestor\\trelations\\twebsite\\tat\\n' +\n", " 'ir.tesla.com\\tas\\tsoon\\tas\\treasonably\\tpracticable\\tafter\\twe\\telectronically\\tfile\\tor\\tfurnish\\tsuch\\tinformation\\twith\\tthe\\tSEC.\\tThe\\tinformation\\tposted\\ton\\tour\\twebsite\\n' +\n", " 'is\\tnot\\tincorporated\\tby\\treference\\tinto\\tthis\\tAnnual\\tReport\\ton\\tForm\\t10-K.\\n' +\n", " 'ITEM\\t1A.\\tRISK\\tFACTORS\\n' +\n", " 'You\\tshould\\tcarefully\\tconsider\\tthe\\trisks\\tdescribed\\tbelow\\ttogether\\twith\\tthe\\tother\\tinformation\\tset\\tforth\\tin\\tthis\\treport,\\twhich\\tcould\\tmaterially\\taffect\\tour\\n' +\n", " 'business,\\tfinancial\\tcondition\\tand\\tfuture\\tresults.\\tThe\\trisks\\tdescribed\\tbelow\\tare\\tnot\\tthe\\tonly\\trisks\\tfacing\\tour\\tcompany.\\tRisks\\tand\\tuncertainties\\tnot\\tcurrently\\n' +\n", " 'known\\tto\\tus\\tor\\tthat\\twe\\tcurrently\\tdeem\\tto\\tbe\\timmaterial\\talso\\tmay\\tmaterially\\tadversely\\taffect\\tour\\tbusiness,\\tfinancial\\tcondition\\tand\\toperating\\tresults.',\n", " metadata: {\n", " loc: [Object],\n", " pdf: [Object],\n", " uuid: '93838d7f-cbc1-49c0-b1c3-7346890a33c6',\n", " source: './test_docs/test-tsla-10k-2023.pdf'\n", " },\n", " id: undefined\n", " },\n", " Document {\n", " pageContent: 'damage,\\tinterruptions,\\tsystem\\tmalfunctions,\\tpower\\toutages,\\tterrorism,\\tacts\\tof\\tvandalism,\\tsecurity\\tbreaches,\\tsecurity\\tincidents,\\tinadvertent\\tor\\tintentional\\n' +\n", " 'actions\\tby\\temployees\\tor\\tother\\tthird\\tparties,\\tand\\tother\\tcyber-attacks.\\n' +\n", " 'To\\tthe\\textent\\tany\\tsecurity\\tincident\\tresults\\tin\\tunauthorized\\taccess\\tor\\tdamage\\tto\\tor\\tacquisition,\\tuse,\\tcorruption,\\tloss,\\tdestruction,\\talteration\\tor\\n' +\n", " 'dissemination\\tof\\tour\\tdata,\\tincluding\\tintellectual\\tproperty\\tand\\tpersonal\\tinformation,\\tor\\tour\\tproducts\\tor\\tvehicles,\\tor\\tfor\\tit\\tto\\tbe\\tbelieved\\tor\\treported\\tthat\\tany\\n' +\n", " 'of\\tthese\\toccurred,\\tit\\tcould\\tdisrupt\\tour\\tbusiness,\\tharm\\tour\\treputation,\\tcompel\\tus\\tto\\tcomply\\twith\\tapplicable\\tdata\\tbreach\\tnotification\\tlaws,\\tsubject\\tus\\tto\\ttime\\n' +\n", " 'consuming,\\tdistracting\\tand\\texpensive\\tlitigation,\\tregulatory\\tinvestigation\\tand\\toversight,\\tmandatory\\tcorrective\\taction,\\trequire\\tus\\tto\\tverify\\tthe\\tcorrectness\\n' +\n", " 'of\\tdatabase\\tcontents,\\tor\\totherwise\\tsubject\\tus\\tto\\tliability\\tunder\\tlaws,\\tregulations\\tand\\tcontractual\\tobligations,\\tincluding\\tthose\\tthat\\tprotect\\tthe\\tprivacy\\tand\\n' +\n", " 'security\\tof\\tpersonal\\tinformation.\\tThis\\tcould\\tresult\\tin\\tincreased\\tcosts\\tto\\tus\\tand\\tresult\\tin\\tsignificant\\tlegal\\tand\\tfinancial\\texposure\\tand/or\\treputational\\tharm.\\n' +\n", " 'We\\talso\\trely\\ton\\tservice\\tproviders,\\tand\\tsimilar\\tincidents\\trelating\\tto\\ttheir\\tinformation\\ttechnology\\tsystems\\tcould\\talso\\thave\\ta\\tmaterial\\tadverse\\teffect\\ton\\n' +\n", " 'our\\tbusiness.\\tThere\\thave\\tbeen\\tand\\tmay\\tcontinue\\tto\\tbe\\tsignificant\\tsupply\\tchain\\tattacks.\\tOur\\tservice\\tproviders,\\tincluding\\tour\\tworkforce\\tmanagement\\n' +\n", " 'software\\tprovider,\\thave\\tbeen\\tsubject\\tto\\transomware\\tand\\tother\\tsecurity\\tincidents,\\tand\\twe\\tcannot\\tguarantee\\tthat\\tour\\tor\\tour\\tservice\\tproviders’\\tsystems\\n' +\n", " 'have\\tnot\\tbeen\\tbreached\\tor\\tthat\\tthey\\tdo\\tnot\\tcontain\\texploitable\\tdefects,\\tbugs,\\tor\\tvulnerabilities\\tthat\\tcould\\tresult\\tin\\ta\\tsecurity\\tincident,\\tor\\tother\\tdisruption\\n' +\n", " 'to,\\tour\\tor\\tour\\tservice\\tproviders’\\tsystems.\\tOur\\tability\\tto\\tmonitor\\tour\\tservice\\tproviders’\\tsecurity\\tmeasures\\tis\\tlimited,\\tand,\\tin\\tany\\tevent,\\tmalicious\\tthird\\n' +\n", " 'parties\\tmay\\tbe\\table\\tto\\tcircumvent\\tthose\\tsecurity\\tmeasures.',\n", " metadata: {\n", " loc: [Object],\n", " pdf: [Object],\n", " uuid: '40f718e8-6881-4bb9-9d39-13aab528056d',\n", " source: './test_docs/test-tsla-10k-2023.pdf'\n", " },\n", " id: undefined\n", " }\n", "]\n" ] } ], "source": [ "await vectorStore.similaritySearch(\"risk factors\");" ] }, { "cell_type": "code", "execution_count": 16, "metadata": {}, "outputs": [ { "name": "stdout", "output_type": "stream", "text": [ "AIMessage {\n", " \"id\": \"chatcmpl-AvntuDz8xFKGEO0DZMK5vBU0xcFZL\",\n", " \"content\": \"The name of the company in the report is Tesla, Inc.\",\n", " \"additional_kwargs\": {},\n", " \"response_metadata\": {\n", " \"tokenUsage\": {\n", " \"promptTokens\": 1653,\n", " \"completionTokens\": 14,\n", " \"totalTokens\": 1667\n", " },\n", " \"finish_reason\": \"stop\",\n", " \"model_name\": \"gpt-4o-2024-08-06\",\n", " \"usage\": {\n", " \"prompt_tokens\": 1653,\n", " \"completion_tokens\": 14,\n", " \"total_tokens\": 1667,\n", " \"prompt_tokens_details\": {\n", " \"cached_tokens\": 0,\n", " \"audio_tokens\": 0\n", " },\n", " \"completion_tokens_details\": {\n", " \"reasoning_tokens\": 0,\n", " \"audio_tokens\": 0,\n", " \"accepted_prediction_tokens\": 0,\n", " \"rejected_prediction_tokens\": 0\n", " }\n", " },\n", " \"system_fingerprint\": \"fp_50cad350e4\"\n", " },\n", " \"tool_calls\": [],\n", " \"invalid_tool_calls\": [],\n", " \"usage_metadata\": {\n", " \"output_tokens\": 14,\n", " \"input_tokens\": 1653,\n", " \"total_tokens\": 1667,\n", " \"input_token_details\": {\n", " \"audio\": 0,\n", " \"cache_read\": 0\n", " },\n", " \"output_token_details\": {\n", " \"audio\": 0,\n", " \"reasoning\": 0\n", " }\n", " }\n", "}\n" ] } ], "source": [ "import { pull } from \"langchain/hub\";\n", "import { ChatPromptTemplate } from \"@langchain/core/prompts\";\n", "import { z } from \"zod\";\n", "import { ChatOpenAI } from \"@langchain/openai\";\n", "\n", "const retriever = vectorStore.asRetriever({\n", " k: 2,\n", "})\n", "\n", "const answerSchema = z.object({\n", " answer: z.string().describe(\"The answer to the question\"),\n", " sources: z.array(z.string()).describe(\"The full text of the documents used to answer the question\"),\n", "});\n", "\n", "const llm = new ChatOpenAI({\n", " model: \"gpt-4o\",\n", " temperature: 0,\n", " })\n", "\n", "\n", "const promptTemplate = await pull(\"rlm/rag-prompt\");\n", "\n", "const query = \"What is the name of the company in the report?\"\n", "\n", "const retrievedDocs = await retriever.invoke(query)\n", "\n", "const formattedPrompt = await promptTemplate.invoke({\n", " context: retrievedDocs,\n", " question: query,\n", "});\n", "\n", "const response = await llm.invoke(formattedPrompt);\n", "\n", "console.log(response);\n" ] }, { "cell_type": "code", "execution_count": 17, "metadata": {}, "outputs": [ { "name": "stdout", "output_type": "stream", "text": [ "{\n", " error: {\n", " code: '22P02',\n", " details: null,\n", " hint: null,\n", " message: 'invalid input syntax for type uuid: \"\"'\n", " },\n", " data: null,\n", " count: null,\n", " status: 400,\n", " statusText: 'Bad Request'\n", "}\n" ] }, { "name": "stderr", "output_type": "stream", "text": [ "UncaughtException: Error: Unexpected pending rebuildTimer\n", " at sys.setTimeout (/opt/homebrew/lib/node_modules/tslab/dist/converter.js:111:19)\n", " at Object.scheduleInvalidateResolutionsOfFailedLookupLocations (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:122719:55)\n", " at scheduleInvalidateResolutionOfFailedLookupLocation (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:121553:22)\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:121474:9\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5810:11\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5560:101\n", " at Array.forEach ()\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5560:85\n", " at FSWatcher.callbackChangingToMissingFileSystemEntry (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:6104:11)\n", " at FSWatcher.emit (node:events:518:28)\n", "UncaughtException: Error: Unexpected pending rebuildTimer\n", " at sys.setTimeout (/opt/homebrew/lib/node_modules/tslab/dist/converter.js:111:19)\n", " at Object.scheduleInvalidateResolutionsOfFailedLookupLocations (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:122719:55)\n", " at scheduleInvalidateResolutionOfFailedLookupLocation (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:121553:22)\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:121474:9\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5810:11\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5560:101\n", " at Array.forEach ()\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5560:85\n", " at FSWatcher.callbackChangingToMissingFileSystemEntry (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:6104:11)\n", " at FSWatcher.emit (node:events:518:28)\n", "UncaughtException: Error: Unexpected pending rebuildTimer\n", " at sys.setTimeout (/opt/homebrew/lib/node_modules/tslab/dist/converter.js:111:19)\n", " at Object.scheduleInvalidateResolutionsOfFailedLookupLocations (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:122719:55)\n", " at scheduleInvalidateResolutionOfFailedLookupLocation (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:121553:22)\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:121474:9\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5810:11\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5560:101\n", " at Array.forEach ()\n", " at /opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:5560:85\n", " at FSWatcher.callbackChangingToMissingFileSystemEntry (/opt/homebrew/lib/node_modules/tslab/node_modules/@tslab/typescript-for-tslab/lib/typescript.js:6104:11)\n", " at FSWatcher.emit (node:events:518:28)\n" ] } ], "source": [ "// delete all documents from the vector store\n", "\n", "await vectorStore.client.from('documents').delete().neq('id', '');\n", " " ] }, { "cell_type": "code", "execution_count": null, "metadata": {}, "outputs": [], "source": [] } ], "metadata": { "kernelspec": { "display_name": "TypeScript", "language": "typescript", "name": "tslab" }, "language_info": { "codemirror_mode": { "mode": "typescript", "name": "javascript", "typescript": true }, "file_extension": ".ts", "mimetype": "text/typescript", "name": "typescript", "version": "3.7.2" } }, "nbformat": 4, "nbformat_minor": 2 } ================================================ FILE: backend/jest.config.js ================================================ /** @type {import('ts-jest').JestConfigWithTsJest} */ export default { preset: 'ts-jest', testEnvironment: 'node', extensionsToTreatAsEsm: ['.ts'], moduleNameMapper: { '^(\\.{1,2}/.*)\\.js$': '$1', }, transform: { '^.+\\.tsx?$': [ 'ts-jest', { useESM: true, }, ], }, // Test configuration testMatch: ['**/__tests__/**/*.test.ts'], // Coverage configuration collectCoverageFrom: [ 'src/**/*.{ts,tsx}', '!src/**/*.d.ts', '!src/**/*.test.ts', ], coveragePathIgnorePatterns: ['/node_modules/', '/__tests__/', '/dist/'], coverageThreshold: { global: { branches: 80, functions: 80, lines: 80, statements: 80, }, }, coverageDirectory: 'coverage', // Helpful test output verbose: true, }; ================================================ FILE: backend/langgraph.json ================================================ { "node_version": "20", "graphs": { "ingestion_graph": "./src/ingestion_graph/graph.ts:graph", "retrieval_graph": "./src/retrieval_graph/graph.ts:graph" }, "env": ".env", "dependencies":["."] } ================================================ FILE: backend/package.json ================================================ { "name": "backend", "version": "0.0.1", "description": "Chat with your PDF using this AI agent", "author": "Mayo Oshin", "license": "MIT", "private": true, "type": "module", "scripts": { "build": "tsc", "clean": "rm -rf dist", "demo": "npx tsx demo.ts", "test": "jest", "test:watch": "jest --watch", "test:changed": "jest --onlyChanged --passWithNoTests", "test:related": "jest --findRelatedTests", "test:coverage": "jest --coverage", "test:int": "jest --testPathPattern=\\.int\\.test\\.ts$", "format": "prettier --write .", "format:check": "prettier --check .", "lint": "eslint src", "lint:fix": "eslint src --fix", "lint:langgraph-json": "node scripts/checkLanggraphPaths.js", "lint:all": "yarn lint & yarn lint:langgraph-json", "langgraph:dev": "npx @langchain/langgraph-cli dev" }, "dependencies": { "@langchain/community": "^0.3.26", "@langchain/core": "^0.3.32", "@langchain/langgraph": "^0.2.41", "@langchain/langgraph-cli": "^0.0.1", "@langchain/langgraph-sdk": "^0.0.36", "@langchain/openai": "^0.3.17", "@mendable/firecrawl-js": "^1.15.7", "@supabase/supabase-js": "^2.48.1", "chromadb": "^1.10.4", "pdf-parse": "^1.1.1", "uuid": "^11.0.5", "ws": "^8.18.0", "zod": "^3.24.1" }, "devDependencies": { "@eslint/eslintrc": "^3.1.0", "@eslint/js": "^9.9.1", "@jest/globals": "^29.7.0", "@tsconfig/recommended": "^1.0.7", "@types/jest": "^29.5.0", "@types/node": "^22.10.6", "@typescript-eslint/eslint-plugin": "5.59.8", "@typescript-eslint/parser": "5.59.8", "cross-env": "^7.0.3", "dotenv": "^16.4.7", "eslint": "^8.41.0", "eslint-config-prettier": "^8.8.0", "eslint-plugin-import": "^2.27.5", "eslint-plugin-no-instanceof": "^1.0.1", "eslint-plugin-prettier": "^4.2.1", "jest": "^29.7.0", "prettier": "^3.3.3", "ts-jest": "^29.2.5", "tsx": "^4.19.2", "typescript": "^5.3.3" } } ================================================ FILE: backend/src/ingestion_graph/configuration.ts ================================================ import { Annotation } from '@langchain/langgraph'; import { RunnableConfig } from '@langchain/core/runnables'; import { BaseConfigurationAnnotation, ensureBaseConfiguration, } from '../shared/configuration.js'; // This file contains sample documents to index, based on the following LangChain and LangGraph documentation pages: const DEFAULT_DOCS_FILE = './src/sample_docs.json'; /** * The configuration for the indexing process. */ export const IndexConfigurationAnnotation = Annotation.Root({ ...BaseConfigurationAnnotation.spec, /** * Path to a JSON file containing default documents to index. */ docsFile: Annotation, useSampleDocs: Annotation, }); /** * Create an typeof IndexConfigurationAnnotation.State instance from a RunnableConfig object. * * @param config - The configuration object to use. * @returns An instance of typeof IndexConfigurationAnnotation.State with the specified configuration. */ export function ensureIndexConfiguration( config: RunnableConfig, ): typeof IndexConfigurationAnnotation.State { const configurable = (config?.configurable || {}) as Partial< typeof IndexConfigurationAnnotation.State >; const baseConfig = ensureBaseConfiguration(config); return { ...baseConfig, docsFile: configurable.docsFile || DEFAULT_DOCS_FILE, useSampleDocs: configurable.useSampleDocs || false, }; } ================================================ FILE: backend/src/ingestion_graph/graph.ts ================================================ /** * This "graph" simply exposes an endpoint for a user to upload docs to be indexed. */ import { RunnableConfig } from '@langchain/core/runnables'; import { StateGraph, END, START } from '@langchain/langgraph'; import fs from 'fs/promises'; import { IndexStateAnnotation } from './state.js'; import { makeRetriever } from '../shared/retrieval.js'; import { ensureIndexConfiguration, IndexConfigurationAnnotation, } from './configuration.js'; import { reduceDocs } from '../shared/state.js'; async function ingestDocs( state: typeof IndexStateAnnotation.State, config?: RunnableConfig, ): Promise { if (!config) { throw new Error('Configuration required to run index_docs.'); } const configuration = ensureIndexConfiguration(config); let docs = state.docs; if (!docs || docs.length === 0) { if (configuration.useSampleDocs) { const fileContent = await fs.readFile(configuration.docsFile, 'utf-8'); const serializedDocs = JSON.parse(fileContent); docs = reduceDocs([], serializedDocs); } else { throw new Error('No sample documents to index.'); } } else { docs = reduceDocs([], docs); } const retriever = await makeRetriever(config); await retriever.addDocuments(docs); return { docs: 'delete' }; } // Define the graph const builder = new StateGraph( IndexStateAnnotation, IndexConfigurationAnnotation, ) .addNode('ingestDocs', ingestDocs) .addEdge(START, 'ingestDocs') .addEdge('ingestDocs', END); // Compile into a graph object that you can invoke and deploy. export const graph = builder .compile() .withConfig({ runName: 'IngestionGraph' }); ================================================ FILE: backend/src/ingestion_graph/state.ts ================================================ import { Annotation } from '@langchain/langgraph'; import { Document } from '@langchain/core/documents'; import { reduceDocs } from '../shared/state.js'; /** * Represents the state for document indexing and retrieval. * * This interface defines the structure of the index state, which includes * the documents to be indexed and the retriever used for searching * these documents. */ export const IndexStateAnnotation = Annotation.Root({ /** * A list of documents that the agent can index. */ docs: Annotation< Document[], Document[] | { [key: string]: any }[] | string[] | string | 'delete' >({ default: () => [], reducer: reduceDocs, }), }); export type IndexStateType = typeof IndexStateAnnotation.State; ================================================ FILE: backend/src/retrieval_graph/configuration.ts ================================================ import { Annotation } from '@langchain/langgraph'; import { RunnableConfig } from '@langchain/core/runnables'; import { BaseConfigurationAnnotation, ensureBaseConfiguration, } from '../shared/configuration.js'; /** * The configuration for the agent. */ export const AgentConfigurationAnnotation = Annotation.Root({ ...BaseConfigurationAnnotation.spec, // models /** * The language model used for processing and refining queries. * Should be in the form: provider/model-name. */ queryModel: Annotation, }); /** * Create a typeof ConfigurationAnnotation.State instance from a RunnableConfig object. * * @param config - The configuration object to use. * @returns An instance of typeof ConfigurationAnnotation.State with the specified configuration. */ export function ensureAgentConfiguration( config: RunnableConfig, ): typeof AgentConfigurationAnnotation.State { const configurable = (config?.configurable || {}) as Partial< typeof AgentConfigurationAnnotation.State >; const baseConfig = ensureBaseConfiguration(config); return { ...baseConfig, queryModel: configurable.queryModel || 'openai/gpt-4o', }; } ================================================ FILE: backend/src/retrieval_graph/graph.ts ================================================ import { StateGraph, START, END } from '@langchain/langgraph'; import { AgentStateAnnotation } from './state.js'; import { makeRetriever } from '../shared/retrieval.js'; import { formatDocs } from './utils.js'; import { HumanMessage } from '@langchain/core/messages'; import { z } from 'zod'; import { RESPONSE_SYSTEM_PROMPT, ROUTER_SYSTEM_PROMPT } from './prompts.js'; import { RunnableConfig } from '@langchain/core/runnables'; import { AgentConfigurationAnnotation, ensureAgentConfiguration, } from './configuration.js'; import { loadChatModel } from '../shared/utils.js'; async function checkQueryType( state: typeof AgentStateAnnotation.State, config: RunnableConfig, ): Promise<{ route: 'retrieve' | 'direct'; }> { //schema for routing const schema = z.object({ route: z.enum(['retrieve', 'direct']), directAnswer: z.string().optional(), }); const configuration = ensureAgentConfiguration(config); const model = await loadChatModel(configuration.queryModel); const routingPrompt = ROUTER_SYSTEM_PROMPT; const formattedPrompt = await routingPrompt.invoke({ query: state.query, }); const response = await model .withStructuredOutput(schema) .invoke(formattedPrompt.toString()); const route = response.route; return { route }; } async function answerQueryDirectly( state: typeof AgentStateAnnotation.State, config: RunnableConfig, ): Promise { const configuration = ensureAgentConfiguration(config); const model = await loadChatModel(configuration.queryModel); const userHumanMessage = new HumanMessage(state.query); const response = await model.invoke([userHumanMessage]); return { messages: [userHumanMessage, response] }; } async function routeQuery( state: typeof AgentStateAnnotation.State, ): Promise<'retrieveDocuments' | 'directAnswer'> { const route = state.route; if (!route) { throw new Error('Route is not set'); } if (route === 'retrieve') { return 'retrieveDocuments'; } else if (route === 'direct') { return 'directAnswer'; } else { throw new Error('Invalid route'); } } async function retrieveDocuments( state: typeof AgentStateAnnotation.State, config: RunnableConfig, ): Promise { const retriever = await makeRetriever(config); const response = await retriever.invoke(state.query); return { documents: response }; } async function generateResponse( state: typeof AgentStateAnnotation.State, config: RunnableConfig, ): Promise { const configuration = ensureAgentConfiguration(config); const context = formatDocs(state.documents); const model = await loadChatModel(configuration.queryModel); const promptTemplate = RESPONSE_SYSTEM_PROMPT; const formattedPrompt = await promptTemplate.invoke({ question: state.query, context: context, }); const userHumanMessage = new HumanMessage(state.query); // Create a human message with the formatted prompt that includes context const formattedPromptMessage = new HumanMessage(formattedPrompt.toString()); const messageHistory = [...state.messages, formattedPromptMessage]; // Let MessagesAnnotation handle the message history const response = await model.invoke(messageHistory); // Return both the current query and the AI response to be handled by MessagesAnnotation's reducer return { messages: [userHumanMessage, response] }; } const builder = new StateGraph( AgentStateAnnotation, AgentConfigurationAnnotation, ) .addNode('retrieveDocuments', retrieveDocuments) .addNode('generateResponse', generateResponse) .addNode('checkQueryType', checkQueryType) .addNode('directAnswer', answerQueryDirectly) .addEdge(START, 'checkQueryType') .addConditionalEdges('checkQueryType', routeQuery, [ 'retrieveDocuments', 'directAnswer', ]) .addEdge('retrieveDocuments', 'generateResponse') .addEdge('generateResponse', END) .addEdge('directAnswer', END); export const graph = builder.compile().withConfig({ runName: 'RetrievalGraph', }); ================================================ FILE: backend/src/retrieval_graph/prompts.ts ================================================ import { ChatPromptTemplate } from '@langchain/core/prompts'; const ROUTER_SYSTEM_PROMPT = ChatPromptTemplate.fromMessages([ [ 'system', "You are a routing assistant. Your job is to determine if a question needs document retrieval or can be answered directly.\n\nRespond with either:\n'retrieve' - if the question requires retrieving documents\n'direct' - if the question can be answered directly AND your direct answer", ], ['human', '{query}'], ]); const RESPONSE_SYSTEM_PROMPT = ChatPromptTemplate.fromMessages([ [ 'system', `You are an assistant for question-answering tasks. Use the following pieces of retrieved context to answer the question. If you don't know the answer, just say that you don't know. Use three sentences maximum and keep the answer concise. question: {question} context: {context} `, ], ]); export { ROUTER_SYSTEM_PROMPT, RESPONSE_SYSTEM_PROMPT }; ================================================ FILE: backend/src/retrieval_graph/state.ts ================================================ import { Annotation, MessagesAnnotation } from '@langchain/langgraph'; import { reduceDocs } from '../shared/state.js'; import { Document } from '@langchain/core/documents'; /** * Represents the state of the retrieval graph / agent. */ export const AgentStateAnnotation = Annotation.Root({ query: Annotation(), route: Annotation(), ...MessagesAnnotation.spec, /** * Populated by the retriever. This is a list of documents that the agent can reference. * @type {Document[]} */ documents: Annotation< Document[], Document[] | { [key: string]: any }[] | string[] | string | 'delete' >({ default: () => [], // @ts-ignore reducer: reduceDocs, }), // Additional attributes can be added here as needed }); ================================================ FILE: backend/src/retrieval_graph/utils.ts ================================================ import { Document } from '@langchain/core/documents'; export function formatDoc(doc: Document): string { const metadata = doc.metadata || {}; const meta = Object.entries(metadata) .map(([k, v]) => ` ${k}=${v}`) .join(''); const metaStr = meta ? ` ${meta}` : ''; return `\n${doc.pageContent}\n`; } export function formatDocs(docs?: Document[]): string { /**Format a list of documents as XML. */ if (!docs || docs.length === 0) { return ''; } const formatted = docs.map(formatDoc).join('\n'); return `\n${formatted}\n`; } ================================================ FILE: backend/src/sample_docs.json ================================================ [ { "pageContent": "UNITED\tSTATES\nSECURITIES\tAND\tEXCHANGE\tCOMMISSION\nWashington,\tD.C.\t20549\nFORM\t10-K\n(Mark\tOne)\nxANNUAL\tREPORT\tPURSUANT\tTO\tSECTION\t13\tOR\t15(d)\tOF\tTHE\tSECURITIES\tEXCHANGE\tACT\tOF\t1934\nFor\tthe\tfiscal\tyear\tended\tDecember\t31,\t2023\nOR\noTRANSITION\tREPORT\tPURSUANT\tTO\tSECTION\t13\tOR\t15(d)\tOF\tTHE\tSECURITIES\tEXCHANGE\tACT\tOF\t1934\nFor\tthe\ttransition\tperiod\tfrom\t_________\tto\t_________\nCommission\tFile\tNumber:\t001-34756\nTesla,\tInc.\n(Exact\tname\tof\tregistrant\tas\tspecified\tin\tits\tcharter)\nDelaware91-2197729\n(State\tor\tother\tjurisdiction\tof\nincorporation\tor\torganization)\n(I.R.S.\tEmployer\nIdentification\tNo.)\n1\tTesla\tRoad\nAustin,\tTexas78725\n(Address\tof\tprincipal\texecutive\toffices)(Zip\tCode)\n(512)\t516-8177\n(Registrant’s\ttelephone\tnumber,\tincluding\tarea\tcode)\nSecurities\tregistered\tpursuant\tto\tSection\t12(b)\tof\tthe\tAct:\nTitle\tof\teach\tclassTrading\tSymbol(s)Name\tof\teach\texchange\ton\twhich\tregistered\nCommon\tstockTSLAThe\tNasdaq\tGlobal\tSelect\tMarket\nSecurities\tregistered\tpursuant\tto\tSection\t12(g)\tof\tthe\tAct:\nNone\nIndicate\tby\tcheck\tmark\twhether\tthe\tregistrant\tis\ta\twell-known\tseasoned\tissuer,\tas\tdefined\tin\tRule\t405\tof\tthe\tSecurities\tAct.\tYes\tx\tNo\to\nIndicate\tby\tcheck\tmark\tif\tthe\tregistrant\tis\tnot\trequired\tto\tfile\treports\tpursuant\tto\tSection\t13\tor\t15(d)\tof\tthe\tAct.\tYes\to\tNo\tx\nIndicate\tby\tcheck\tmark\twhether\tthe\tregistrant\t(1)\thas\tfiled\tall\treports\trequired\tto\tbe\tfiled\tby\tSection\t13\tor\t15(d)\tof\tthe\tSecurities\tExchange\tAct\tof\t1934\t(“Exchange\tAct”)\nduring\tthe\tpreceding\t12\tmonths\t(or\tfor\tsuch\tshorter\tperiod\tthat\tthe\tregistrant\twas\trequired\tto\tfile\tsuch\treports),\tand\t(2)\thas\tbeen\tsubject\tto\tsuch\tfiling\trequirements\tfor\tthe\tpast\t90\ndays.\tYes\tx\tNo\to\nIndicate\tby\tcheck\tmark\twhether\tthe\tregistrant\thas\tsubmitted\telectronically\tevery\tInteractive\tData\tFile\trequired\tto\tbe\tsubmitted\tpursuant\tto\tRule\t405\tof\tRegulation\tS-T\n(§232.405\tof\tthis\tchapter)\tduring\tthe\tpreceding\t12\tmonths\t(or\tfor\tsuch\tshorter\tperiod\tthat\tthe\tregistrant\twas\trequired\tto\tsubmit\tsuch\tfiles).\tYes\tx\tNo\to", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 1, "lines": { "from": 1, "to": 35 } } } }, { "pageContent": "Indicate\tby\tcheck\tmark\twhether\tthe\tregistrant\tis\ta\tlarge\taccelerated\tfiler,\tan\taccelerated\tfiler,\ta\tnon-accelerated\tfiler,\ta\tsmaller\treporting\tcompany,\tor\tan\temerging\tgrowth\ncompany.\tSee\tthe\tdefinitions\tof\t“large\taccelerated\tfiler,”\t“accelerated\tfiler,”\t“smaller\treporting\tcompany”\tand\t“emerging\tgrowth\tcompany”\tin\tRule\t12b-2\tof\tthe\tExchange\tAct:\nLarge\taccelerated\tfilerx\tAccelerated\tfilero\nNon-accelerated\tfilero\tSmaller\treporting\tcompanyo\nEmerging\tgrowth\tcompanyo", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 1, "lines": { "from": 36, "to": 40 } } } }, { "pageContent": "If\tan\temerging\tgrowth\tcompany,\tindicate\tby\tcheck\tmark\tif\tthe\tregistrant\thas\telected\tnot\tto\tuse\tthe\textended\ttransition\tperiod\tfor\tcomplying\twith\tany\tnew\tor\trevised\tfinancial\naccounting\tstandards\tprovided\tpursuant\tto\tSection\t13(a)\tof\tthe\tExchange\tAct.\to\nIndicate\tby\tcheck\tmark\twhether\tthe\tRegistrant\thas\tfiled\ta\treport\ton\tand\tattestation\tto\tits\tmanagement’s\tassessment\tof\tthe\teffectiveness\tof\tits\tinternal\tcontrol\tover\tfinancial\nreporting\tunder\tSection\t404(b)\tof\tthe\tSarbanes-Oxley\tAct\t(15\tU.S.C.\t7262(b))\tby\tthe\tregistered\tpublic\taccounting\tfirm\tthat\tprepared\tor\tissued\tits\taudit\treport.\tx\nIf\tsecurities\tare\tregistered\tpursuant\tto\tSection\t12(b)\tof\tthe\tAct,\tindicate\tby\tcheck\tmark\twhether\tthe\tfinancial\tstatements\tof\tthe\tregistrant\tincluded\tin\tthe\tfiling\treflect\tthe\ncorrection\tof\tan\terror\tto\tpreviously\tissued\tfinancial\tstatements.\to\nIndicate\tby\tcheck\tmark\twhether\tany\tof\tthose\terror\tcorrections\tare\trestatements\tthat\trequired\ta\trecovery\tanalysis\tof\tincentive-based\tcompensation\treceived\tby\tany\tof\tthe\nregistrant’s\texecutive\tofficers\tduring\tthe\trelevant\trecovery\tperiod\tpursuant\tto\t§240.10D-1(b).\to\nIndicate\tby\tcheck\tmark\twhether\tthe\tregistrant\tis\ta\tshell\tcompany\t(as\tdefined\tin\tRule\t12b-2\tof\tthe\tExchange\tAct).\tYes\to\tNo\tx\nThe\taggregate\tmarket\tvalue\tof\tvoting\tstock\theld\tby\tnon-affiliates\tof\tthe\tregistrant,\tas\tof\tJune\t30,\t2023,\tthe\tlast\tday\tof\tthe\tregistrant’s\tmost\trecently\tcompleted\tsecond\tfiscal\nquarter,\twas\t$722.52\tbillion\t(based\ton\tthe\tclosing\tprice\tfor\tshares\tof\tthe\tregistrant’s\tCommon\tStock\tas\treported\tby\tthe\tNASDAQ\tGlobal\tSelect\tMarket\ton\tJune\t30,\t2023).\tShares\tof\nCommon\tStock\theld\tby\teach\texecutive\tofficer\tand\tdirector\thave\tbeen\texcluded\tin\tthat\tsuch\tpersons\tmay\tbe\tdeemed\tto\tbe\taffiliates.\tThis\tdetermination\tof\taffiliate\tstatus\tis\tnot\nnecessarily\ta\tconclusive\tdetermination\tfor\tother\tpurposes.\nAs\tof\tJanuary\t22,\t2024,\tthere\twere\t3,184,790,415\tshares\tof\tthe\tregistrant’s\tcommon\tstock\toutstanding.\nDOCUMENTS\tINCORPORATED\tBY\tREFERENCE", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 2, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "DOCUMENTS\tINCORPORATED\tBY\tREFERENCE\nPortions\tof\tthe\tregistrant’s\tProxy\tStatement\tfor\tthe\t2024\tAnnual\tMeeting\tof\tStockholders\tare\tincorporated\therein\tby\treference\tin\tPart\tIII\tof\tthis\tAnnual\tReport\ton\tForm\t10-K\tto\nthe\textent\tstated\therein.\tSuch\tproxy\tstatement\twill\tbe\tfiled\twith\tthe\tSecurities\tand\tExchange\tCommission\twithin\t120\tdays\tof\tthe\tregistrant’s\tfiscal\tyear\tended\tDecember\t31,\t2023.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 2, "lines": { "from": 15, "to": 17 } } } }, { "pageContent": "TESLA,\tINC.\nANNUAL\tREPORT\tON\tFORM\t10-K\tFOR\tTHE\tYEAR\tENDED\tDECEMBER\t31,\t2023\nINDEX\n\t\tPage\nPART\tI.\n\t\t\nItem\t1.Business4\nItem\t1A.Risk\tFactors14\nItem\t1B.Unresolved\tStaff\tComments28\nItem\t1C.Cybersecurity29\nItem\t2.Properties30\nItem\t3.Legal\tProceedings30\nItem\t4.Mine\tSafety\tDisclosures30\n\t\nPART\tII.\n\t\nItem\t5.Market\tfor\tRegistrant's\tCommon\tEquity,\tRelated\tStockholder\tMatters\tand\tIssuer\tPurchases\tof\tEquity\tSecurities31\nItem\t6.[Reserved]32\nItem\t7.Management's\tDiscussion\tand\tAnalysis\tof\tFinancial\tCondition\tand\tResults\tof\tOperations33\nItem\t7A.Quantitative\tand\tQualitative\tDisclosures\tabout\tMarket\tRisk45\nItem\t8.Financial\tStatements\tand\tSupplementary\tData46\nItem\t9.Changes\tin\tand\tDisagreements\twith\tAccountants\ton\tAccounting\tand\tFinancial\tDisclosure93\nItem\t9A.Controls\tand\tProcedures93\nItem\t9B.Other\tInformation94\nItem\t9C.Disclosure\tRegarding\tForeign\tJurisdictions\tthat\tPrevent\tInspections94\n\t\nPART\tIII.\n\t\nItem\t10.Directors,\tExecutive\tOfficers\tand\tCorporate\tGovernance95\nItem\t11.Executive\tCompensation95\nItem\t12.Security\tOwnership\tof\tCertain\tBeneficial\tOwners\tand\tManagement\tand\tRelated\tStockholder\tMatters95\nItem\t13.Certain\tRelationships\tand\tRelated\tTransactions,\tand\tDirector\tIndependence95\nItem\t14.Principal\tAccountant\tFees\tand\tServices95\n\t\nPART\tIV.\n\t\nItem\t15.Exhibits\tand\tFinancial\tStatement\tSchedules96\nItem\t16.Summary111\n\t\nSignatures", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 3, "lines": { "from": 1, "to": 40 } } } }, { "pageContent": "Table\tof\tContents\nForward-Looking\tStatements\nThe\tdiscussions\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\tcontain\tforward-looking\tstatements\treflecting\tour\tcurrent\texpectations\tthat\tinvolve\trisks\tand\nuncertainties.\tThese\tforward-looking\tstatements\tinclude,\tbut\tare\tnot\tlimited\tto,\tstatements\tconcerning\tsupply\tchain\tconstraints,\tour\tstrategy,\ncompetition,\tfuture\toperations\tand\tproduction\tcapacity,\tfuture\tfinancial\tposition,\tfuture\trevenues,\tprojected\tcosts,\tprofitability,\texpected\tcost\treductions,\ncapital\tadequacy,\texpectations\tregarding\tdemand\tand\tacceptance\tfor\tour\ttechnologies,\tgrowth\topportunities\tand\ttrends\tin\tthe\tmarkets\tin\twhich\twe\noperate,\tprospects\tand\tplans\tand\tobjectives\tof\tmanagement.\tThe\twords\t“anticipates,”\t“believes,”\t“could,”\t“estimates,”\t“expects,”\t“intends,”\t“may,”\n“plans,”\t“projects,”\t“will,”\t“would”\tand\tsimilar\texpressions\tare\tintended\tto\tidentify\tforward-looking\tstatements,\talthough\tnot\tall\tforward-looking\nstatements\tcontain\tthese\tidentifying\twords.\tWe\tmay\tnot\tactually\tachieve\tthe\tplans,\tintentions\tor\texpectations\tdisclosed\tin\tour\tforward-looking\nstatements\tand\tyou\tshould\tnot\tplace\tundue\treliance\ton\tour\tforward-looking\tstatements.\tActual\tresults\tor\tevents\tcould\tdiffer\tmaterially\tfrom\tthe\tplans,\nintentions\tand\texpectations\tdisclosed\tin\tthe\tforward-looking\tstatements\tthat\twe\tmake.\tThese\tforward-looking\tstatements\tinvolve\trisks\tand\tuncertainties\nthat\tcould\tcause\tour\tactual\tresults\tto\tdiffer\tmaterially\tfrom\tthose\tin\tthe\tforward-looking\tstatements,\tincluding,\twithout\tlimitation,\tthe\trisks\tset\tforth\tin\tPart\nI,\tItem\t1A,\t“Risk\tFactors”\tof\tthe\tAnnual\tReport\ton\tForm\t10-K\tfor\tthe\tfiscal\tyear\tended\tDecember\t31,\t2023\tand\tthat\tare\totherwise\tdescribed\tor\tupdated\nfrom\ttime\tto\ttime\tin\tour\tother\tfilings\twith\tthe\tSecurities\tand\tExchange\tCommission\t(the\t“SEC”).\tThe\tdiscussion\tof\tsuch\trisks\tis\tnot\tan\tindication\tthat\tany\nsuch\trisks\thave\toccurred\tat\tthe\ttime\tof\tthis\tfiling.\tWe\tdo\tnot\tassume\tany\tobligation\tto\tupdate\tany\tforward-looking\tstatements.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 4, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "Table\tof\tContents\nPART\tI\nITEM\t1.\tBUSINESS\nOverview\nWe\tdesign,\tdevelop,\tmanufacture,\tsell\tand\tlease\thigh-performance\tfully\telectric\tvehicles\tand\tenergy\tgeneration\tand\tstorage\tsystems,\tand\toffer\nservices\trelated\tto\tour\tproducts.\tWe\tgenerally\tsell\tour\tproducts\tdirectly\tto\tcustomers,\tand\tcontinue\tto\tgrow\tour\tcustomer-facing\tinfrastructure\tthrough\ta\nglobal\tnetwork\tof\tvehicle\tshowrooms\tand\tservice\tcenters,\tMobile\tService,\tbody\tshops,\tSupercharger\tstations\tand\tDestination\tChargers\tto\taccelerate\tthe\nwidespread\tadoption\tof\tour\tproducts.\tWe\temphasize\tperformance,\tattractive\tstyling\tand\tthe\tsafety\tof\tour\tusers\tand\tworkforce\tin\tthe\tdesign\tand\nmanufacture\tof\tour\tproducts\tand\tare\tcontinuing\tto\tdevelop\tfull\tself-driving\ttechnology\tfor\timproved\tsafety.\tWe\talso\tstrive\tto\tlower\tthe\tcost\tof\townership\nfor\tour\tcustomers\tthrough\tcontinuous\tefforts\tto\treduce\tmanufacturing\tcosts\tand\tby\toffering\tfinancial\tand\tother\tservices\ttailored\tto\tour\tproducts.\nOur\tmission\tis\tto\taccelerate\tthe\tworld’s\ttransition\tto\tsustainable\tenergy.\tWe\tbelieve\tthat\tthis\tmission,\talong\twith\tour\tengineering\texpertise,\nvertically\tintegrated\tbusiness\tmodel\tand\tfocus\ton\tuser\texperience\tdifferentiate\tus\tfrom\tother\tcompanies.\nSegment\tInformation\nWe\toperate\tas\ttwo\treportable\tsegments:\t(i)\tautomotive\tand\t(ii)\tenergy\tgeneration\tand\tstorage.\nThe\tautomotive\tsegment\tincludes\tthe\tdesign,\tdevelopment,\tmanufacturing,\tsales\tand\tleasing\tof\thigh-performance\tfully\telectric\tvehicles\tas\twell\tas\nsales\tof\tautomotive\tregulatory\tcredits.\tAdditionally,\tthe\tautomotive\tsegment\talso\tincludes\tservices\tand\tother,\twhich\tincludes\tsales\tof\tused\tvehicles,\tnon-\nwarranty\tafter-sales\tvehicle\tservices,\tbody\tshop\tand\tparts,\tpaid\tSupercharging,\tvehicle\tinsurance\trevenue\tand\tretail\tmerchandise.\tThe\tenergy\tgeneration\nand\tstorage\tsegment\tincludes\tthe\tdesign,\tmanufacture,\tinstallation,\tsales\tand\tleasing\tof\tsolar\tenergy\tgeneration\tand\tenergy\tstorage\tproducts\tand\trelated\nservices\tand\tsales\tof\tsolar\tenergy\tsystems\tincentives.\nOur\tProducts\tand\tServices\nAutomotive", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 5, "lines": { "from": 1, "to": 21 } } } }, { "pageContent": "Our\tProducts\tand\tServices\nAutomotive\nWe\tcurrently\tmanufacture\tfive\tdifferent\tconsumer\tvehicles\t–\tthe\tModel\t3,\tY,\tS,\tX\tand\tCybertruck.\tModel\t3\tis\ta\tfour-door\tmid-size\tsedan\tthat\twe\ndesigned\tfor\tmanufacturability\twith\ta\tbase\tprice\tfor\tmass-market\tappeal.\tModel\tY\tis\ta\tcompact\tsport\tutility\tvehicle\t(“SUV”)\tbuilt\ton\tthe\tModel\t3\tplatform\nwith\tseating\tfor\tup\tto\tseven\tadults.\tModel\tS\tis\ta\tfour-door\tfull-size\tsedan\tand\tModel\tX\tis\ta\tmid-size\tSUV\twith\tseating\tfor\tup\tto\tseven\tadults.\tModel\tS\tand\nModel\tX\tfeature\tthe\thighest\tperformance\tcharacteristics\tand\tlongest\tranges\tthat\twe\toffer\tin\ta\tsedan\tand\tSUV,\trespectively.\tIn\tNovember\t2023,\twe\nentered\tthe\tconsumer\tpickup\ttruck\tmarket\twith\tfirst\tdeliveries\tof\tthe\tCybertruck,\ta\tfull-size\telectric\tpickup\ttruck\twith\ta\tstainless\tsteel\texterior\tthat\thas\nthe\tutility\tand\tstrength\tof\ta\ttruck\twhile\tfeaturing\tthe\tspeed\tof\ta\tsports\tcar.\nIn\t2022,\twe\talso\tbegan\tearly\tproduction\tand\tdeliveries\tof\ta\tcommercial\telectric\tvehicle,\tthe\tTesla\tSemi.\tWe\thave\tplanned\telectric\tvehicles\tto\naddress\tadditional\tvehicle\tmarkets,\tand\tto\tcontinue\tleveraging\tdevelopments\tin\tour\tproprietary\tFull\tSelf-Driving\t(“FSD”)\tCapability\tfeatures,\tbattery\tcell\nand\tother\ttechnologies.\nEnergy\tGeneration\tand\tStorage\nEnergy\tStorage\tProducts\nPowerwall\tand\tMegapack\tare\tour\tlithium-ion\tbattery\tenergy\tstorage\tproducts.\tPowerwall,\twhich\twe\tsell\tdirectly\tto\tcustomers,\tas\twell\tas\tthrough\nchannel\tpartners,\tis\tdesigned\tto\tstore\tenergy\tat\ta\thome\tor\tsmall\tcommercial\tfacility.\tMegapack\tis\tan\tenergy\tstorage\tsolution\tfor\tcommercial,\tindustrial,\nutility\tand\tenergy\tgeneration\tcustomers,\tmultiple\tof\twhich\tmay\tbe\tgrouped\ttogether\tto\tform\tlarger\tinstallations\tof\tgigawatt\thours\t(“GWh”)\tor\tgreater\ncapacity.\nWe\talso\tcontinue\tto\tdevelop\tsoftware\tcapabilities\tfor\tremotely\tcontrolling\tand\tdispatching\tour\tenergy\tstorage\tsystems\tacross\ta\twide\trange\tof\nmarkets\tand\tapplications,\tincluding\tthrough\tour\treal-time\tenergy\tcontrol\tand\toptimization\tplatforms.\n4", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 5, "lines": { "from": 20, "to": 39 } } } }, { "pageContent": "Table\tof\tContents\nSolar\tEnergy\tOfferings\nWe\tsell\tretrofit\tsolar\tenergy\tsystems\tto\tcustomers\tand\tchannel\tpartners\tand\talso\tmake\tthem\tavailable\tthrough\tpower\tpurchase\tagreement\t(“PPA”)\narrangements.\tWe\tpurchase\tmost\tof\tthe\tcomponents\tfor\tour\tretrofit\tsolar\tenergy\tsystems\tfrom\tmultiple\tsources\tto\tensure\tcompetitive\tpricing\tand\nadequate\tsupply.\tWe\talso\tdesign\tand\tmanufacture\tcertain\tcomponents\tfor\tour\tsolar\tenergy\tproducts.\nWe\tsell\tour\tSolar\tRoof,\twhich\tcombines\tpremium\tglass\troof\ttiles\twith\tenergy\tgeneration,\tdirectly\tto\tcustomers,\tas\twell\tas\tthrough\tchannel\ncustomers.\tWe\tcontinue\tto\timprove\tour\tinstallation\tcapability\tand\tefficiency,\tincluding\tthrough\tcollaboration\twith\treal\testate\tdevelopers\tand\tbuilders\ton\nnew\thomes.\nTechnology\nAutomotive\nBattery\tand\tPowertrain\nOur\tcore\tvehicle\ttechnology\tcompetencies\tinclude\tpowertrain\tengineering\tand\tmanufacturing\tand\tour\tability\tto\tdesign\tvehicles\tthat\tutilize\tthe\nunique\tadvantages\tof\tan\telectric\tpowertrain.\tWe\thave\tdesigned\tour\tproprietary\tpowertrain\tsystems\tto\tbe\tadaptable,\tefficient,\treliable\tand\tcost-effective\nwhile\twithstanding\tthe\trigors\tof\tan\tautomotive\tenvironment.\tWe\toffer\tdual\tmotor\tpowertrain\tvehicles,\twhich\tuse\ttwo\telectric\tmotors\tto\tmaximize\ttraction\nand\tperformance\tin\tan\tall-wheel\tdrive\tconfiguration,\tas\twell\tas\tvehicle\tpowertrain\ttechnology\tfeaturing\tthree\telectric\tmotors\tfor\tfurther\tincreased\nperformance\tin\tcertain\tversions\tof\tModel\tS\tand\tModel\tX,\tCybertruck\tand\tthe\tTesla\tSemi.\nWe\tmaintain\textensive\ttesting\tand\tR&D\tcapabilities\tfor\tbattery\tcells,\tpacks\tand\tsystems,\tand\thave\tbuilt\tan\texpansive\tbody\tof\tknowledge\ton\tlithium-\nion\tcell\tchemistry\ttypes\tand\tperformance\tcharacteristics.\tIn\torder\tto\tenable\ta\tgreater\tsupply\tof\tcells\tfor\tour\tproducts\twith\thigher\tenergy\tdensity\tat\tlower\ncosts,\twe\thave\tdeveloped\ta\tnew\tproprietary\tlithium-ion\tbattery\tcell\tand\timproved\tmanufacturing\tprocesses.\nVehicle\tControl\tand\tInfotainment\tSoftware", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 6, "lines": { "from": 1, "to": 20 } } } }, { "pageContent": "Vehicle\tControl\tand\tInfotainment\tSoftware\nThe\tperformance\tand\tsafety\tsystems\tof\tour\tvehicles\tand\ttheir\tbattery\tpacks\tutilize\tsophisticated\tcontrol\tsoftware.\tControl\tsystems\tin\tour\tvehicles\noptimize\tperformance,\tcustomize\tvehicle\tbehavior,\tmanage\tcharging\tand\tcontrol\tall\tinfotainment\tfunctions.\tWe\tdevelop\talmost\tall\tof\tthis\tsoftware,\nincluding\tmost\tof\tthe\tuser\tinterfaces,\tinternally\tand\tupdate\tour\tvehicles’\tsoftware\tregularly\tthrough\tover-the-air\tupdates.\nSelf-Driving\tDevelopment\tand\tArtificial\tIntelligence\nWe\thave\texpertise\tin\tdeveloping\ttechnologies,\tsystems\tand\tsoftware\tto\tenable\tself-driving\tvehicles\tusing\tprimarily\tvision-based\ttechnologies.\tOur\nFSD\tComputer\truns\tour\tneural\tnetworks\tin\tour\tvehicles,\tand\twe\tare\talso\tdeveloping\tadditional\tcomputer\thardware\tto\tbetter\tenable\tthe\tmassive\tamounts\nof\tfield\tdata\tcaptured\tby\tour\tvehicles\tto\tcontinually\ttrain\tand\timprove\tthese\tneural\tnetworks\tfor\treal-world\tperformance.\nCurrently,\twe\toffer\tin\tour\tvehicles\tcertain\tadvanced\tdriver\tassist\tsystems\tunder\tour\tAutopilot\tand\tFSD\tCapability\toptions.\tAlthough\tat\tpresent\tthe\ndriver\tis\tultimately\tresponsible\tfor\tcontrolling\tthe\tvehicle,\tour\tsystems\tprovide\tsafety\tand\tconvenience\tfunctionality\tthat\trelieves\tdrivers\tof\tthe\tmost\ntedious\tand\tpotentially\tdangerous\taspects\tof\troad\ttravel\tmuch\tlike\tthe\tsystem\tthat\tairplane\tpilots\tuse,\twhen\tconditions\tpermit.\tAs\twith\tother\tvehicle\nsystems,\twe\timprove\tthese\tfunctions\tin\tour\tvehicles\tover\ttime\tthrough\tover-the-air\tupdates.\nWe\tintend\tto\testablish\tin\tthe\tfuture\tan\tautonomous\tTesla\tride-hailing\tnetwork,\twhich\twe\texpect\twould\talso\tallow\tus\tto\taccess\ta\tnew\tcustomer\tbase\neven\tas\tmodes\tof\ttransportation\tevolve.\nWe\tare\talso\tapplying\tour\tartificial\tintelligence\tlearnings\tfrom\tself-driving\ttechnology\tto\tthe\tfield\tof\trobotics,\tsuch\tas\tthrough\tOptimus,\ta\trobotic\nhumanoid\tin\tdevelopment,\twhich\tis\tcontrolled\tby\tthe\tsame\tAI\tsystem.\n5", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 6, "lines": { "from": 20, "to": 36 } } } }, { "pageContent": "Table\tof\tContents\nEnergy\tGeneration\tand\tStorage\nEnergy\tStorage\tProducts\nWe\tleverage\tmany\tof\tthe\tcomponent-level\ttechnologies\tfrom\tour\tvehicles\tin\tour\tenergy\tstorage\tproducts.\tBy\ttaking\ta\tmodular\tapproach\tto\tthe\ndesign\tof\tbattery\tsystems,\twe\tcan\toptimize\tmanufacturing\tcapacity\tof\tour\tenergy\tstorage\tproducts.\tAdditionally,\tour\texpertise\tin\tpower\telectronics\nenables\tour\tbattery\tsystems\tto\tinterconnect\twith\telectricity\tgrids\twhile\tproviding\tfast-acting\tsystems\tfor\tpower\tinjection\tand\tabsorption.\tWe\thave\talso\ndeveloped\tsoftware\tto\tremotely\tcontrol\tand\tdispatch\tour\tenergy\tstorage\tsystems.\nSolar\tEnergy\tSystems\nWe\thave\tengineered\tSolar\tRoof\tover\tnumerous\titerations\tto\tcombine\taesthetic\tappeal\tand\tdurability\twith\tpower\tgeneration.\tThe\tefficiency\tof\tour\nsolar\tenergy\tproducts\tis\taided\tby\tour\town\tsolar\tinverter,\twhich\tincorporates\tour\tpower\telectronics\ttechnologies.\tWe\tdesigned\tboth\tproducts\tto\tintegrate\nwith\tPowerwall.\nDesign\tand\tEngineering\nAutomotive\nWe\thave\testablished\tsignificant\tin-house\tcapabilities\tin\tthe\tdesign\tand\ttest\tengineering\tof\telectric\tvehicles\tand\ttheir\tcomponents\tand\tsystems.\tOur\nteam\thas\tsignificant\texperience\tin\tcomputer-aided\tdesign\tas\twell\tas\tdurability,\tstrength\tand\tcrash\ttest\tsimulations,\twhich\treduces\tthe\tproduct\ndevelopment\ttime\tof\tnew\tmodels.\tWe\thave\talso\tachieved\tcomplex\tengineering\tfeats\tin\tstamping,\tcasting\tand\tthermal\tsystems,\tand\tdeveloped\ta\tmethod\nto\tintegrate\tbatteries\tdirectly\twith\tvehicle\tbody\tstructures\twithout\tseparate\tbattery\tpacks\tto\toptimize\tmanufacturability,\tweight,\trange\tand\tcost\ncharacteristics.\nWe\tare\talso\texpanding\tour\tmanufacturing\toperations\tglobally\twhile\ttaking\taction\tto\tlocalize\tour\tvehicle\tdesigns\tand\tproduction\tfor\tparticular\nmarkets,\tincluding\tcountry-specific\tmarket\tdemands\tand\tfactory\toptimizations\tfor\tlocal\tworkforces.\tAs\twe\tincrease\tour\tcapabilities,\tparticularly\tin\tthe\nareas\tof\tautomation,\tdie-making\tand\tline-building,\twe\tare\talso\tmaking\tstrides\tin\tthe\tsimulations\tmodeling\tthese\tcapabilities\tprior\tto\tconstruction.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 7, "lines": { "from": 1, "to": 21 } } } }, { "pageContent": "Energy\tGeneration\tand\tStorage\nOur\texpertise\tin\telectrical,\tmechanical,\tcivil\tand\tsoftware\tengineering\tallows\tus\tto\tdesign,\tengineer,\tmanufacture\tand\tinstall\tenergy\tgenerating\tand\nstorage\tproducts\tand\tcomponents,\tincluding\tat\tthe\tresidential\tthrough\tutility\tscale.\tFor\texample,\tthe\tmodular\tdesign\tof\tour\tMegapack\tutility-scale\tbattery\nline\tis\tintended\tto\tsignificantly\treduce\tthe\tamount\tof\tassembly\trequired\tin\tthe\tfield.\tWe\talso\tcustomize\tsolutions\tincluding\tour\tenergy\tstorage\tproducts,\nsolar\tenergy\tsystems\tand/or\tSolar\tRoof\tfor\tcustomers\tto\tmeet\ttheir\tspecific\tneeds.\nSales\tand\tMarketing\nHistorically,\twe\thave\tbeen\table\tto\tachieve\tsales\twithout\ttraditional\tadvertising\tand\tat\trelatively\tlow\tmarketing\tcosts.\tWe\tcontinue\tto\tmonitor\tour\npublic\tnarrative\tand\tbrand,\tand\ttailor\tour\tmarketing\tefforts\taccordingly,\tincluding\tthrough\tinvestments\tin\tcustomer\teducation\tand\tadvertising\tas\nnecessary.\nAutomotive\nDirect\tSales\nOur\tvehicle\tsales\tchannels\tcurrently\tinclude\tour\twebsite\tand\tan\tinternational\tnetwork\tof\tcompany-owned\tstores.\tIn\tsome\tjurisdictions,\twe\talso\thave\ngalleries\tto\teducate\tand\tinform\tcustomers\tabout\tour\tproducts,\tbut\tsuch\tlocations\tdo\tnot\ttransact\tin\tthe\tsale\tof\tvehicles.\tWe\tbelieve\tthis\tinfrastructure\nenables\tus\tto\tbetter\tcontrol\tcosts\tof\tinventory,\tmanage\twarranty\tservice\tand\tpricing,\teducate\tconsumers\tabout\telectric\tvehicles,\tmake\tour\tvehicles\tmore\naffordable,\tmaintain\tand\tstrengthen\tthe\tTesla\tbrand\tand\tobtain\trapid\tcustomer\tfeedback.\nWe\treevaluate\tour\tsales\tstrategy\tboth\tglobally\tand\tat\ta\tlocation-by-location\tlevel\tfrom\ttime\tto\ttime\tto\toptimize\tour\tsales\tchannels.\tHowever,\tsales\nof\tvehicles\tin\tthe\tautomobile\tindustry\ttend\tto\tbe\tcyclical\tin\tmany\tmarkets,\twhich\tmay\texpose\tus\tto\tvolatility\tfrom\ttime\tto\ttime.\n6", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 7, "lines": { "from": 22, "to": 39 } } } }, { "pageContent": "Table\tof\tContents\nUsed\tVehicle\tSales\nOur\tused\tvehicle\tbusiness\tsupports\tnew\tvehicle\tsales\tby\tintegrating\tthe\ttrade-in\tof\ta\tcustomer’s\texisting\tTesla\tor\tnon-Tesla\tvehicle\twith\tthe\tsale\tof\na\tnew\tor\tused\tTesla\tvehicle.\tThe\tTesla\tand\tnon-Tesla\tvehicles\twe\tacquire\tas\ttrade-ins\tare\tsubsequently\tremarketed,\teither\tdirectly\tby\tus\tor\tthrough\tthird\nparties.\tWe\talso\tremarket\tused\tTesla\tvehicles\tacquired\tfrom\tother\tsources\tincluding\tlease\treturns.\nPublic\tCharging\nWe\thave\ta\tgrowing\tglobal\tnetwork\tof\tTesla\tSuperchargers,\twhich\tare\tour\tindustrial-grade,\thigh-speed\tvehicle\tchargers.\tWhere\tpossible,\twe\tco-\nlocate\tSuperchargers\twith\tour\tsolar\tand\tenergy\tstorage\tsystems\tto\treduce\tcosts\tand\tpromote\trenewable\tpower.\tSupercharger\tstations\tare\ttypically\nplaced\talong\twell-traveled\troutes\tand\tin\tand\taround\tdense\tcity\tcenters\tto\tallow\tvehicle\towners\tthe\tability\tto\tenjoy\tquick,\treliable\tcharging\talong\tan\nextensive\tnetwork\twith\tconvenient\tstops.\tUse\tof\tthe\tSupercharger\tnetwork\teither\trequires\tpayment\tof\ta\tfee\tor\tis\tfree\tunder\tcertain\tsales\tprograms.\tIn\nNovember\t2021,\twe\tbegan\tto\toffer\tSupercharger\taccess\tto\tnon-Tesla\tvehicles\tin\tcertain\tlocations\tin\tsupport\tof\tour\tmission\tto\taccelerate\tthe\tworld’s\ntransition\tto\tsustainable\tenergy,\tand\tin\tNovember\t2022,\twe\topened\tup\tour\tpreviously\tproprietary\tcharging\tconnector\tas\tthe\tNorth\tAmerican\tCharging\nStandard\t(NACS).\tThis\tenables\tall\telectric\tvehicles\tand\tcharging\tstations\tto\tinteroperate\t—\twhich\tmakes\tcharging\teasier\tand\tmore\tefficient\tfor\teveryone\nand\tadvances\tour\tmission\tto\taccelerate\tthe\tworld’s\ttransition\tto\tsustainable\tenergy.\tFollowing\tthis,\ta\tnumber\tof\tmajor\tautomotive\tcompanies\tannounced\ntheir\tadoption\tof\tNACS,\twith\ttheir\taccess\tto\tthe\tSupercharger\tnetwork\tbeginning\tin\tphases\tin\t2024\tand\ttheir\tproduction\tof\tNACS\tvehicles\tbeginning\tno\nlater\tthan\t2025.\tWe\talso\tengaged\tSAE\tInternational\tto\tgovern\tNACS\tas\tan\tindustry\tstandard,\tnow\tnamed\tJ3400.\tWe\tcontinue\tto\tmonitor\tand\tincrease\tour\nnetwork\tof\tTesla\tSuperchargers\tin\tanticipation\tof\tfuture\tdemand.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 8, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "We\talso\twork\twith\ta\twide\tvariety\tof\thospitality,\tretail\tand\tpublic\tdestinations,\tas\twell\tas\tbusinesses\twith\tcommuting\temployees,\tto\toffer\tadditional\ncharging\toptions\tfor\tour\tcustomers,\tas\twell\tas\tsingle-family\thomeowners\tand\tmulti-family\tresidential\tentities,\tto\tdeploy\thome\tcharging\tsolutions.\nIn-App\tUpgrades\nAs\tour\tvehicles\tare\tcapable\tof\tbeing\tupdated\tremotely\tover-the-air,\tour\tcustomers\tmay\tpurchase\tadditional\tpaid\toptions\tand\tfeatures\tthrough\tthe\nTesla\tapp\tor\tthrough\tthe\tin-vehicle\tuser\tinterface.\tWe\texpect\tthat\tthis\tfunctionality\twill\talso\tallow\tus\tto\toffer\tcertain\toptions\tand\tfeatures\ton\ta\nsubscription\tbasis\tin\tthe\tfuture.\nEnergy\tGeneration\tand\tStorage\nWe\tmarket\tand\tsell\tour\tsolar\tand\tenergy\tstorage\tproducts\tto\tresidential,\tcommercial\tand\tindustrial\tcustomers\tand\tutilities\tthrough\ta\tvariety\tof\nchannels,\tincluding\tthrough\tour\twebsite,\tstores\tand\tgalleries,\tas\twell\tas\tthrough\tour\tnetwork\tof\tchannel\tpartners,\tand\tin\tthe\tcase\tof\tsome\tcommercial\ncustomers,\tthrough\tPPA\ttransactions.\tWe\temphasize\tsimplicity,\tstandardization\tand\taccessibility\tto\tmake\tit\teasy\tand\tcost-effective\tfor\tcustomers\tto\tadopt\nclean\tenergy,\twhile\treducing\tour\tcustomer\tacquisition\tcosts.\nService\tand\tWarranty\nAutomotive\nService\nWe\tprovide\tservice\tfor\tour\telectric\tvehicles\tat\tour\tcompany-owned\tservice\tlocations\tand\tthrough\tTesla\tMobile\tService\ttechnicians\twho\tperform\twork\nremotely\tat\tcustomers’\thomes\tor\tother\tlocations.\tServicing\tthe\tvehicles\tourselves\tallows\tus\tto\tidentify\tproblems\tand\timplement\tsolutions\tand\nimprovements\tfaster\tthan\ttraditional\tautomobile\tmanufacturers\tand\ttheir\tdealer\tnetworks.\tThe\tconnectivity\tof\tour\tvehicles\talso\tallows\tus\tto\tdiagnose\tand\nremedy\tmany\tproblems\tremotely\tand\tproactively.\nVehicle\tLimited\tWarranties\tand\tExtended\tService\tPlans\nWe\tprovide\ta\tmanufacturer’s\tlimited\twarranty\ton\tall\tnew\tand\tused\tTesla\tvehicles\twe\tsell\tdirectly\tto\tconsumers,\twhich\tmay\tinclude\tlimited", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 8, "lines": { "from": 18, "to": 37 } } } }, { "pageContent": "warranties\ton\tcertain\tcomponents,\tspecific\ttypes\tof\tdamage\tor\tbattery\tcapacity\tretention.\tWe\talso\tcurrently\toffer\toptional\textended\tservice\tplans\tthat\nprovide\tcoverage\tbeyond\tthe\tnew\tvehicle\tlimited\twarranties\tfor\tcertain\tmodels\tin\tspecified\tregions.\n7", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 8, "lines": { "from": 38, "to": 40 } } } }, { "pageContent": "Table\tof\tContents\nEnergy\tGeneration\tand\tStorage\nWe\tprovide\tservice\tand\trepairs\tto\tour\tenergy\tproduct\tcustomers,\tincluding\tunder\twarranty\twhere\tapplicable.\tWe\tgenerally\tprovide\tmanufacturer’s\nlimited\twarranties\twith\tour\tenergy\tstorage\tproducts\tand\toffer\tcertain\textended\tlimited\twarranties\tthat\tare\tavailable\tat\tthe\ttime\tof\tpurchase\tof\tthe\nsystem.\tIf\twe\tinstall\ta\tsystem,\twe\talso\tprovide\tcertain\tlimited\twarranties\ton\tour\tinstallation\tworkmanship.\nFor\tretrofit\tsolar\tenergy\tsystems,\twe\tprovide\tseparate\tlimited\twarranties\tfor\tworkmanship\tand\tagainst\troof\tleaks,\tand\tfor\tSolar\tRoof,\twe\talso\nprovide\tlimited\twarranties\tfor\tdefects\tand\tweatherization.\tFor\tcomponents\tnot\tmanufactured\tby\tus,\twe\tgenerally\tpass-through\tthe\tapplicable\nmanufacturers’\twarranties.\nAs\tpart\tof\tour\tsolar\tenergy\tsystem\tand\tenergy\tstorage\tcontracts,\twe\tmay\tprovide\tthe\tcustomer\twith\tperformance\tguarantees\tthat\tcommit\tthat\tthe\nunderlying\tsystem\twill\tmeet\tor\texceed\tthe\tminimum\tenergy\tgeneration\tor\tperformance\trequirements\tspecified\tin\tthe\tcontract.\nFinancial\tServices\nAutomotive\nPurchase\tFinancing\tand\tLeases\nWe\toffer\tleasing\tand/or\tloan\tfinancing\tarrangements\tfor\tour\tvehicles\tin\tcertain\tjurisdictions\tin\tNorth\tAmerica,\tEurope\tand\tAsia\tourselves\tand\nthrough\tvarious\tfinancial\tinstitutions.\tUnder\tcertain\tof\tsuch\tprograms,\twe\thave\tprovided\tresale\tvalue\tguarantees\tor\tbuyback\tguarantees\tthat\tmay\nobligate\tus\tto\tcover\ta\tresale\tloss\tup\tto\ta\tcertain\tlimit\tor\trepurchase\tthe\tsubject\tvehicles\tat\tpre-determined\tvalues.\nInsurance\nIn\t2021,\twe\tlaunched\tour\tinsurance\tproduct\tusing\treal-time\tdriving\tbehavior\tin\tselect\tstates,\twhich\toffers\trates\tthat\tare\toften\tbetter\tthan\tother\nalternatives\tand\tpromotes\tsafer\tdriving.\tOur\tinsurance\tproducts\tare\tcurrently\tavailable\tin\t12\tstates\tand\twe\tplan\tto\texpand\tthe\tmarkets\tin\twhich\twe\toffer\ninsurance\tproducts,\tas\tpart\tof\tour\tongoing\teffort\tto\tdecrease\tthe\ttotal\tcost\tof\townership\tfor\tour\tcustomers.\nEnergy\tGeneration\tand\tStorage", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 9, "lines": { "from": 1, "to": 21 } } } }, { "pageContent": "Energy\tGeneration\tand\tStorage\nWe\toffer\tcertain\tfinancing\toptions\tto\tour\tsolar\tcustomers,\twhich\tenable\tthe\tcustomer\tto\tpurchase\tand\town\ta\tsolar\tenergy\tsystem,\tSolar\tRoof\tor\nintegrated\tsolar\tand\tPowerwall\tsystem.\tOur\tsolar\tPPAs,\toffered\tprimarily\tto\tcommercial\tcustomers,\tcharge\ta\tfee\tper\tkilowatt-hour\tbased\ton\tthe\tamount\tof\nelectricity\tproduced\tby\tour\tsolar\tenergy\tsystems.\nManufacturing\nWe\tcurrently\thave\tmanufacturing\tfacilities\tin\tthe\tU.S.\tin\tNorthern\tCalifornia,\tin\tBuffalo,\tNew\tYork,\tGigafactory\tNew\tYork;\tin\tAustin,\tTexas,\nGigafactory\tTexas\tand\tnear\tReno,\tNevada,\tGigafactory\tNevada.\tAt\tthese\tfacilities,\twe\tmanufacture\tand\tassemble,\tamong\tother\tthings,\tvehicles,\tcertain\nvehicle\tparts\tand\tcomponents,\tsuch\tas\tour\tbattery\tpacks\tand\tbattery\tcells,\tenergy\tstorage\tcomponents\tand\tsolar\tproducts\tand\tcomponents.\nInternationally,\twe\talso\thave\tmanufacturing\tfacilities\tin\tChina\t(Gigafactory\tShanghai)\tand\tGermany\t(Gigafactory\tBerlin-Brandenburg),\twhich\tallows\nus\tto\tincrease\tthe\taffordability\tof\tour\tvehicles\tfor\tcustomers\tin\tlocal\tmarkets\tby\treducing\ttransportation\tand\tmanufacturing\tcosts\tand\teliminating\tthe\nimpact\tof\tunfavorable\ttariffs.\tIn\tMarch\t2023,\twe\tannounced\tthe\tlocation\tof\tour\tnext\tGigafactory\tin\tMonterrey,\tMexico.\tGenerally,\twe\tcontinue\tto\texpand\nproduction\tcapacity\tat\tour\texisting\tfacilities.\tWe\talso\tintend\tto\tfurther\tincrease\tcost-competitiveness\tin\tour\tsignificant\tmarkets\tby\tstrategically\tadding\nlocal\tmanufacturing.\nSupply\tChain\nOur\tproducts\tuse\tthousands\tof\tparts\tthat\tare\tsourced\tfrom\thundreds\tof\tsuppliers\tacross\tthe\tworld.\tWe\thave\tdeveloped\tclose\trelationships\twith\nvendors\tof\tkey\tparts\tsuch\tas\tbattery\tcells,\telectronics\tand\tcomplex\tvehicle\tassemblies.\tCertain\tcomponents\tpurchased\tfrom\tthese\tsuppliers\tare\tshared\tor\nare\tsimilar\tacross\tmany\tproduct\tlines,\tallowing\tus\tto\ttake\tadvantage\tof\tpricing\tefficiencies\tfrom\teconomies\tof\tscale.\n8", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 9, "lines": { "from": 21, "to": 38 } } } }, { "pageContent": "Table\tof\tContents\nAs\tis\tthe\tcase\tfor\tsome\tautomotive\tcompanies,\tsome\tof\tour\tprocured\tcomponents\tand\tsystems\tare\tsourced\tfrom\tsingle\tsuppliers.\tWhere\tmultiple\nsources\tare\tavailable\tfor\tcertain\tkey\tcomponents,\twe\twork\tto\tqualify\tmultiple\tsuppliers\tfor\tthem\twhere\tit\tis\tsensible\tto\tdo\tso\tin\torder\tto\tminimize\npotential\tproduction\trisks\tdue\tto\tdisruptions\tin\ttheir\tsupply.\tWe\talso\tmitigate\trisk\tby\tmaintaining\tsafety\tstock\tfor\tkey\tparts\tand\tassemblies\tand\tdie\tbanks\nfor\tcomponents\twith\tlengthy\tprocurement\tlead\ttimes.\nOur\tproducts\tuse\tvarious\traw\tmaterials\tincluding\taluminum,\tsteel,\tcobalt,\tlithium,\tnickel\tand\tcopper.\tPricing\tfor\tthese\tmaterials\tis\tgoverned\tby\nmarket\tconditions\tand\tmay\tfluctuate\tdue\tto\tvarious\tfactors\toutside\tof\tour\tcontrol,\tsuch\tas\tsupply\tand\tdemand\tand\tmarket\tspeculation.\tWe\tstrive\tto\nexecute\tlong-term\tsupply\tcontracts\tfor\tsuch\tmaterials\tat\tcompetitive\tpricing\twhen\tfeasible,\tand\twe\tcurrently\tbelieve\tthat\twe\thave\tadequate\taccess\tto\nraw\tmaterials\tsupplies\tto\tmeet\tthe\tneeds\tof\tour\toperations.\nGovernmental\tPrograms,\tIncentives\tand\tRegulations\nGlobally,\tthe\townership\tof\tour\tproducts\tby\tour\tcustomers\tis\timpacted\tby\tvarious\tgovernment\tcredits,\tincentives,\tand\tpolicies.\tOur\tbusiness\tand\nproducts\tare\talso\tsubject\tto\tnumerous\tgovernmental\tregulations\tthat\tvary\tamong\tjurisdictions.\nThe\toperation\tof\tour\tbusiness\tis\talso\timpacted\tby\tvarious\tgovernment\tprograms,\tincentives,\tand\tother\tarrangements.\tSee\tNote\t2,\tSummary\tof\nSignificant\tAccounting\tPolicies,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\tfor\tfurther\tdetails.\nPrograms\tand\tIncentives\nInflation\tReduction\tAct\nOn\tAugust\t16,\t2022,\tthe\tInflation\tReduction\tAct\tof\t2022\t(“IRA”)\twas\tenacted\tinto\tlaw\tand\tis\teffective\tfor\ttaxable\tyears\tbeginning\tafter\tDecember\n31,\t2022,\tand\tremains\tsubject\tto\tfuture\tguidance\treleases.\tThe\tIRA\tincludes\tmultiple\tincentives\tto\tpromote\tclean\tenergy,\telectric\tvehicles,\tbattery\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 10, "lines": { "from": 1, "to": 18 } } } }, { "pageContent": "energy\tstorage\tmanufacture\tor\tpurchase,\tincluding\tthrough\tproviding\ttax\tcredits\tto\tconsumers.\tFor\texample,\tqualifying\tTesla\tcustomers\tmay\treceive\tup\nto\t$7,500\tin\tfederal\ttax\tcredits\tfor\tthe\tpurchase\tof\tqualified\telectric\tvehicles\tin\tthe\tU.S.\tthrough\t2032.\nAutomotive\tRegulatory\tCredits\nWe\tearn\ttradable\tcredits\tin\tthe\toperation\tof\tour\tbusiness\tunder\tvarious\tregulations\trelated\tto\tzero-emission\tvehicles\t(“ZEVs”),\tgreenhouse\tgas,\tfuel\neconomy\tand\tclean\tfuel.\tWe\tsell\tthese\tcredits\tto\tother\tregulated\tentities\twho\tcan\tuse\tthe\tcredits\tto\tcomply\twith\temission\tstandards\tand\tother\tregulatory\nrequirements.\tSales\tof\tthese\tcredits\tare\trecognized\twithin\tautomotive\tregulatory\tcredits\trevenue\tin\tour\tconsolidated\tstatements\tof\toperations\tincluded\nelsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\nEnergy\tStorage\tSystem\tIncentives\tand\tPolicies\nWhile\tthe\tregulatory\tregime\tfor\tenergy\tstorage\tprojects\tis\tstill\tunder\tdevelopment,\tthere\tare\tvarious\tpolicies,\tincentives\tand\tfinancial\tmechanisms\nat\tthe\tfederal,\tstate\tand\tlocal\tlevels\tthat\tsupport\tthe\tadoption\tof\tenergy\tstorage.\nFor\texample,\tenergy\tstorage\tsystems\tthat\tare\tcharged\tusing\tsolar\tenergy\tmay\tbe\teligible\tfor\tthe\tsolar\tenergy-related\tU.S.\tfederal\ttax\tcredits\ndescribed\tbelow.\tThe\tFederal\tEnergy\tRegulatory\tCommission\t(“FERC”)\thas\talso\ttaken\tsteps\tto\tenable\tthe\tparticipation\tof\tenergy\tstorage\tin\twholesale\nenergy\tmarkets.\tIn\taddition,\tCalifornia\tand\ta\tnumber\tof\tother\tstates\thave\tadopted\tprocurement\ttargets\tfor\tenergy\tstorage,\tand\tbehind-the-meter\tenergy\nstorage\tsystems\tqualify\tfor\tfunding\tunder\tthe\tCalifornia\tSelf\tGeneration\tIncentive\tProgram.\tOur\tcustomers\tprimarily\tbenefit\tdirectly\tunder\tthese\nprograms.\tIn\tcertain\tinstances\tour\tcustomers\tmay\ttransfer\tsuch\tcredits\tto\tus\tas\tcontract\tconsideration.\tIn\tsuch\ttransactions,\tthey\tare\tincluded\tas\ta\ncomponent\tof\tenergy\tgeneration\tand\tstorage\trevenues\tin\tour\tconsolidated\tstatements\tof\toperations\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\n10-K.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 10, "lines": { "from": 19, "to": 35 } } } }, { "pageContent": "10-K.\nPursuant\tto\tthe\tIRA,\tunder\tSections\t48,\t48E\tand\t25D\tof\tthe\tInternal\tRevenue\tCode\t(”IRC”),\tstandalone\tenergy\tstorage\ttechnology\tis\teligible\tfor\ta\ttax\ncredit\tbetween\t6%\tand\t50%\tof\tqualified\texpenditures,\tregardless\tof\tthe\tsource\tof\tenergy,\twhich\tmay\tbe\tclaimed\tby\tour\tcustomers\tfor\tstorage\tsystems\nthey\tpurchase\tor\tby\tus\tfor\tarrangements\twhere\twe\town\tthe\tsystems.\tThese\ttax\tcredits\tare\tprimarily\tfor\tthe\tbenefit\tof\tour\tcustomers\tand\tare\tcurrently\nscheduled\tto\tphase-out\tstarting\tin\t2032\tor\tlater.\n9", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 10, "lines": { "from": 35, "to": 40 } } } }, { "pageContent": "Table\tof\tContents\nSolar\tEnergy\tSystem\tIncentives\tand\tPolicies\nU.S.\tfederal,\tstate\tand\tlocal\tgovernments\thave\testablished\tvarious\tpolicies,\tincentives\tand\tfinancial\tmechanisms\tto\treduce\tthe\tcost\tof\tsolar\tenergy\nand\tto\taccelerate\tthe\tadoption\tof\tsolar\tenergy.\tThese\tincentives\tinclude\ttax\tcredits,\tcash\tgrants,\ttax\tabatements\tand\trebates.\nIn\tparticular,\tpursuant\tto\tthe\tIRA,\tSections\t48,\t48E\tand\t25D\tof\tthe\tIRC\tprovides\ta\ttax\tcredit\tbetween\t6%\tand\t70%\tof\tqualified\tcommercial\tor\nresidential\texpenditures\tfor\tsolar\tenergy\tsystems,\twhich\tmay\tbe\tclaimed\tby\tour\tcustomers\tfor\tsystems\tthey\tpurchase,\tor\tby\tus\tfor\tarrangements\twhere\nwe\town\tthe\tsystems\tfor\tproperties\tthat\tmeet\tstatutory\trequirements.\tThese\ttax\tcredits\tare\tprimarily\tfor\tthe\tdirect\tbenefit\tof\tour\tcustomers\tand\tare\ncurrently\tscheduled\tto\tphase-out\tstarting\tin\t2032\tor\tlater.\nRegulations\nVehicle\tSafety\tand\tTesting\nIn\tthe\tU.S.,\tour\tvehicles\tare\tsubject\tto\tregulation\tby\tthe\tNational\tHighway\tTraffic\tSafety\tAdministration\t(“NHTSA”),\tincluding\tall\tapplicable\tFederal\nMotor\tVehicle\tSafety\tStandards\t(“FMVSS”)\tand\tthe\tNHTSA\tbumper\tstandard.\tNumerous\tFMVSS\tapply\tto\tour\tvehicles,\tsuch\tas\tcrash-worthiness\tand\noccupant\tprotection\trequirements.\tOur\tcurrent\tvehicles\tfully\tcomply\tand\twe\texpect\tthat\tour\tvehicles\tin\tthe\tfuture\twill\tfully\tcomply\twith\tall\tapplicable\nFMVSS\twith\tlimited\tor\tno\texemptions,\thowever,\tFMVSS\tare\tsubject\tto\tchange\tfrom\ttime\tto\ttime.\tAs\ta\tmanufacturer,\twe\tmust\tself-certify\tthat\tour\tvehicles\nmeet\tall\tapplicable\tFMVSS\tand\tthe\tNHTSA\tbumper\tstandard,\tor\totherwise\tare\texempt,\tbefore\tthe\tvehicles\tmay\tbe\timported\tor\tsold\tin\tthe\tU.S.\nWe\tare\talso\trequired\tto\tcomply\twith\tother\tfederal\tlaws\tadministered\tby\tNHTSA,\tincluding\tthe\tCorporate\tAverage\tFuel\tEconomy\tstandards,\tTheft\nPrevention\tAct\trequirements,\tlabeling\trequirements\tand\tother\tinformation\tprovided\tto\tcustomers\tin\twriting,\tEarly\tWarning\tReporting\trequirements", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 11, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "regarding\twarranty\tclaims,\tfield\treports,\tdeath\tand\tinjury\treports\tand\tforeign\trecalls,\ta\tStanding\tGeneral\tOrder\trequiring\treports\tregarding\tcrashes\ninvolving\tvehicles\tequipped\twith\tadvanced\tdriver\tassistance\tsystems,\tand\tadditional\trequirements\tfor\tcooperating\twith\tcompliance\tand\tsafety\ninvestigations\tand\trecall\treporting.\tThe\tU.S.\tAutomobile\tInformation\tand\tDisclosure\tAct\talso\trequires\tmanufacturers\tof\tmotor\tvehicles\tto\tdisclose\tcertain\ninformation\tregarding\tthe\tmanufacturer’s\tsuggested\tretail\tprice,\toptional\tequipment\tand\tpricing.\tIn\taddition,\tfederal\tlaw\trequires\tinclusion\tof\tfuel\neconomy\tratings,\tas\tdetermined\tby\tthe\tU.S.\tDepartment\tof\tTransportation\tand\tthe\tEnvironmental\tProtection\tAgency\t(the\t“EPA”),\tand\tNew\tCar\nAssessment\tProgram\tratings\tas\tdetermined\tby\tNHTSA,\tif\tavailable.\nOur\tvehicles\tsold\toutside\tof\tthe\tU.S.\tare\tsubject\tto\tsimilar\tforeign\tcompliance,\tsafety,\tenvironmental\tand\tother\tregulations.\tMany\tof\tthose\nregulations\tare\tdifferent\tfrom\tthose\tapplicable\tin\tthe\tU.S.\tand\tmay\trequire\tredesign\tand/or\tretesting.\tSome\tof\tthose\tregulations\timpact\tor\tprevent\tthe\nrollout\tof\tnew\tvehicle\tfeatures.\nSelf-Driving\tVehicles\nGenerally,\tlaws\tpertaining\tto\tself-driving\tvehicles\tare\tevolving\tglobally,\tand\tin\tsome\tcases\tmay\tcreate\trestrictions\ton\tfeatures\tor\tvehicle\tdesigns\nthat\twe\tdevelop.\tWhile\tthere\tare\tcurrently\tno\tfederal\tU.S.\tregulations\tpertaining\tspecifically\tto\tself-driving\tvehicles\tor\tself-driving\tequipment,\tNHTSA\thas\npublished\trecommended\tguidelines\ton\tself-driving\tvehicles,\tapart\tfrom\tthe\tFMVSS\tand\tmanufacturer\treporting\tobligations,\tand\tretains\tthe\tauthority\tto\ninvestigate\tand/or\ttake\taction\ton\tthe\tsafety\tor\tcompliance\tof\tany\tvehicle,\tequipment\tor\tfeatures\toperating\ton\tpublic\troads.\tCertain\tU.S.\tstates\talso\thave\nlegal\trestrictions\ton\tthe\toperation,\tregistration\tor\tlicensure\tof\tself-driving\tvehicles,\tand\tmany\tother\tstates\tare\tconsidering\tthem.\tThis\tregulatory\npatchwork\tincreases\tthe\tlegal\tcomplexity\twith\trespect\tto\tself-driving\tvehicles\tin\tthe\tU.S.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 11, "lines": { "from": 18, "to": 33 } } } }, { "pageContent": "In\tmarkets\tthat\tfollow\tthe\tregulations\tof\tthe\tUnited\tNations\tEconomic\tCommission\tfor\tEurope\t(“ECE\tmarkets”),\tsome\trequirements\trestrict\tthe\ndesign\tof\tadvanced\tdriver-assistance\tor\tself-driving\tfeatures,\twhich\tcan\tcompromise\tor\tprevent\ttheir\tuse\tentirely.\tOther\tapplicable\tlaws,\tboth\tcurrent\tand\nproposed,\tmay\thinder\tthe\tpath\tand\ttimeline\tto\tintroducing\tself-driving\tvehicles\tfor\tsale\tand\tuse\tin\tthe\tmarkets\twhere\tthey\tapply.\nOther\tkey\tmarkets,\tincluding\tChina,\tcontinue\tto\tconsider\tself-driving\tregulation.\tAny\timplemented\tregulations\tmay\tdiffer\tmaterially\tfrom\tthe\tU.S.\nand\tECE\tmarkets,\twhich\tmay\tfurther\tincrease\tthe\tlegal\tcomplexity\tof\tself-driving\tvehicles\tand\tlimit\tor\tprevent\tcertain\tfeatures.\n10", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 11, "lines": { "from": 34, "to": 39 } } } }, { "pageContent": "Table\tof\tContents\nAutomobile\tManufacturer\tand\tDealer\tRegulation\nIn\tthe\tU.S.,\tstate\tlaws\tregulate\tthe\tmanufacture,\tdistribution,\tsale\tand\tservice\tof\tautomobiles,\tand\tgenerally\trequire\tmotor\tvehicle\tmanufacturers\nand\tdealers\tto\tbe\tlicensed\tin\torder\tto\tsell\tvehicles\tdirectly\tto\tresidents.\tCertain\tstates\thave\tasserted\tthat\tthe\tlaws\tin\tsuch\tstates\tdo\tnot\tpermit\tautomobile\nmanufacturers\tto\tbe\tlicensed\tas\tdealers\tor\tto\tact\tin\tthe\tcapacity\tof\ta\tdealer,\tor\tthat\tthey\totherwise\trestrict\ta\tmanufacturer’s\tability\tto\tdeliver\tor\tperform\nwarranty\trepairs\ton\tvehicles.\tTo\tsell\tvehicles\tto\tresidents\tof\tstates\twhere\twe\tare\tnot\tlicensed\tas\ta\tdealer,\twe\tgenerally\tconduct\tthe\tsale\tout\tof\tthe\tstate.\nIn\tcertain\tsuch\tstates,\twe\thave\topened\t“galleries”\tthat\tserve\tan\teducational\tpurpose\tand\twhere\tsales\tmay\tnot\toccur.\nSome\tautomobile\tdealer\ttrade\tassociations\thave\tboth\tchallenged\tthe\tlegality\tof\tour\toperations\tin\tcourt\tand\tused\tadministrative\tand\tlegislative\nprocesses\tto\tattempt\tto\tprohibit\tor\tlimit\tour\tability\tto\toperate\texisting\tstores\tor\texpand\tto\tnew\tlocations.\tCertain\tdealer\tassociations\thave\talso\tactively\nlobbied\tstate\tlicensing\tagencies\tand\tlegislators\tto\tinterpret\texisting\tlaws\tor\tenact\tnew\tlaws\tin\tways\tnot\tfavorable\tto\tour\townership\tand\toperation\tof\tour\nown\tretail\tand\tservice\tlocations.\tWe\texpect\tsuch\tchallenges\tto\tcontinue,\tand\twe\tintend\tto\tactively\tfight\tany\tsuch\tefforts.\nBattery\tSafety\tand\tTesting\nOur\tbattery\tpacks\tare\tsubject\tto\tvarious\tU.S.\tand\tinternational\tregulations\tthat\tgovern\ttransport\tof\t“dangerous\tgoods,”\tdefined\tto\tinclude\tlithium-\nion\tbatteries,\twhich\tmay\tpresent\ta\trisk\tin\ttransportation.\tWe\tconduct\ttesting\tto\tdemonstrate\tour\tcompliance\twith\tsuch\tregulations.\nWe\tuse\tlithium-ion\tcells\tin\tour\thigh\tvoltage\tbattery\tpacks\tin\tour\tvehicles\tand\tenergy\tstorage\tproducts.\tThe\tuse,\tstorage\tand\tdisposal\tof\tour\tbattery\npacks\tare\tregulated\tunder\texisting\tlaws\tand\tare\tthe\tsubject\tof\tongoing\tregulatory\tchanges\tthat\tmay\tadd\tadditional\trequirements\tin\tthe\tfuture.\tWe\thave", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 12, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "agreements\twith\tthird\tparty\tbattery\trecycling\tcompanies\tto\trecycle\tour\tbattery\tpacks,\tand\twe\tare\talso\tpiloting\tour\town\trecycling\ttechnology.\nSolar\tEnergy—General\nWe\tare\tsubject\tto\tcertain\tstate\tand\tfederal\tregulations\tapplicable\tto\tsolar\tand\tbattery\tstorage\tproviders\tand\tsellers\tof\telectricity.\tTo\toperate\tour\nsystems,\twe\tenter\tinto\tstandard\tinterconnection\tagreements\twith\tapplicable\tutilities.\tSales\tof\telectricity\tand\tnon-sale\tequipment\tleases\tby\tthird\tparties,\nsuch\tas\tour\tleases\tand\tPPAs,\thave\tfaced\tregulatory\tchallenges\tin\tsome\tstates\tand\tjurisdictions.\nSolar\tEnergy—Net\tMetering\nMost\tstates\tin\tthe\tU.S.\tmake\tnet\tenergy\tmetering,\tor\tnet\tmetering,\tavailable\tto\tsolar\tcustomers.\tNet\tmetering\ttypically\tallows\tsolar\tcustomers\tto\ninterconnect\ttheir\tsolar\tenergy\tsystems\tto\tthe\tutility\tgrid\tand\toffset\ttheir\tutility\telectricity\tpurchases\tby\treceiving\ta\tbill\tcredit\tfor\texcess\tenergy\tgenerated\nby\ttheir\tsolar\tenergy\tsystem\tthat\tis\texported\tto\tthe\tgrid.\tIn\tcertain\tjurisdictions,\tregulators\tor\tutilities\thave\treduced\tor\teliminated\tthe\tbenefit\tavailable\nunder\tnet\tmetering\tor\thave\tproposed\tto\tdo\tso.\nCompetition\nAutomotive\nThe\tworldwide\tautomotive\tmarket\tis\thighly\tcompetitive\tand\twe\texpect\tit\twill\tbecome\teven\tmore\tcompetitive\tin\tthe\tfuture\tas\ta\tsignificant\tand\ngrowing\tnumber\tof\testablished\tand\tnew\tautomobile\tmanufacturers,\tas\twell\tas\tother\tcompanies,\thave\tentered,\tor\tare\treported\tto\thave\tplans\tto\tenter\tthe\nelectric\tvehicle\tmarket.\nWe\tbelieve\tthat\tour\tvehicles\tcompete\tin\tthe\tmarket\tbased\ton\tboth\ttheir\ttraditional\tsegment\tclassification\tas\twell\tas\ttheir\tpropulsion\ttechnology.\tFor\nexample,\tCybertruck\tcompetes\twith\tother\tpickup\ttrucks,\tModel\tS\tand\tModel\tX\tcompete\tprimarily\twith\tpremium\tsedans\tand\tpremium\tSUVs\tand\tModel\t3\nand\tModel\tY\tcompete\twith\tsmall\tto\tmedium-sized\tsedans\tand\tcompact\tSUVs,\twhich\tare\textremely\tcompetitive\tmarkets.\tCompeting\tproducts\ttypically", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 12, "lines": { "from": 17, "to": 34 } } } }, { "pageContent": "include\tinternal\tcombustion\tvehicles\tfrom\tmore\testablished\tautomobile\tmanufacturers;\thowever,\tmany\testablished\tand\tnew\tautomobile\tmanufacturers\nhave\tentered\tor\thave\tannounced\tplans\tto\tenter\tthe\tmarket\tfor\telectric\tand\tother\talternative\tfuel\tvehicles.\tOverall,\twe\tbelieve\tthese\tannouncements\tand\nvehicle\tintroductions,\tincluding\tthe\tintroduction\tof\telectric\tvehicles\tinto\trental\tcar\tcompany\tfleets,\tpromote\tthe\tdevelopment\tof\tthe\telectric\tvehicle\nmarket\tby\thighlighting\tthe\tattractiveness\tof\telectric\tvehicles\trelative\tto\tthe\tinternal\tcombustion\tvehicle.\tMany\tmajor\tautomobile\tmanufacturers\thave\nelectric\tvehicles\tavailable\ttoday\tin\tmajor\tmarkets\tincluding\tthe\tU.S.,\tChina\tand\tEurope,\tand\tother\tcurrent\tand\tprospective\tautomobile\tmanufacturers\tare\nalso\tdeveloping\telectric\tvehicles.\tIn\taddition,\tseveral\tmanufacturers\toffer\thybrid\tvehicles,\tincluding\tplug-in\tversions.\n11", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 12, "lines": { "from": 35, "to": 41 } } } }, { "pageContent": "Table\tof\tContents\nWe\tbelieve\tthat\tthere\tis\talso\tincreasing\tcompetition\tfor\tour\tvehicle\tofferings\tas\ta\tplatform\tfor\tdelivering\tself-driving\ttechnologies,\tcharging\tsolutions\nand\tother\tfeatures\tand\tservices,\tand\twe\texpect\tto\tcompete\tin\tthis\tdeveloping\tmarket\tthrough\tcontinued\tprogress\ton\tour\tAutopilot,\tFSD\tand\tneural\nnetwork\tcapabilities,\tSupercharger\tnetwork\tand\tour\tinfotainment\tofferings.\nEnergy\tGeneration\tand\tStorage\nEnergy\tStorage\tSystems\nThe\tmarket\tfor\tenergy\tstorage\tproducts\tis\talso\thighly\tcompetitive,\tand\tboth\testablished\tand\temerging\tcompanies\thave\tintroduced\tproducts\tthat\tare\nsimilar\tto\tour\tproduct\tportfolio\tor\tthat\tare\talternatives\tto\tthe\telements\tof\tour\tsystems.\tWe\tcompete\twith\tthese\tcompanies\tbased\ton\tprice,\tenergy\tdensity\nand\tefficiency.\tWe\tbelieve\tthat\tthe\tspecifications\tand\tfeatures\tof\tour\tproducts,\tour\tstrong\tbrand\tand\tthe\tmodular,\tscalable\tnature\tof\tour\tenergy\tstorage\nproducts\tgive\tus\ta\tcompetitive\tadvantage\tin\tour\tmarkets.\nSolar\tEnergy\tSystems\nThe\tprimary\tcompetitors\tto\tour\tsolar\tenergy\tbusiness\tare\tthe\ttraditional\tlocal\tutility\tcompanies\tthat\tsupply\tenergy\tto\tour\tpotential\tcustomers.\tWe\ncompete\twith\tthese\ttraditional\tutility\tcompanies\tprimarily\tbased\ton\tprice\tand\tthe\tease\tby\twhich\tcustomers\tcan\tswitch\tto\telectricity\tgenerated\tby\tour\nsolar\tenergy\tsystems.\tWe\talso\tcompete\twith\tsolar\tenergy\tcompanies\tthat\tprovide\tproducts\tand\tservices\tsimilar\tto\tours.\tMany\tsolar\tenergy\tcompanies\nonly\tinstall\tsolar\tenergy\tsystems,\twhile\tothers\tonly\tprovide\tfinancing\tfor\tthese\tinstallations.\tWe\tbelieve\twe\thave\ta\tsignificant\texpansion\topportunity\twith\nour\tofferings\tand\tthat\tthe\tregulatory\tenvironment\tis\tincreasingly\tconducive\tto\tthe\tadoption\tof\trenewable\tenergy\tsystems.\nIntellectual\tProperty\nWe\tplace\ta\tstrong\temphasis\ton\tour\tinnovative\tapproach\tand\tproprietary\tdesigns\twhich\tbring\tintrinsic\tvalue\tand\tuniqueness\tto\tour\tproduct\tportfolio.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 13, "lines": { "from": 1, "to": 18 } } } }, { "pageContent": "As\tpart\tof\tour\tbusiness,\twe\tseek\tto\tprotect\tthe\tunderlying\tintellectual\tproperty\trights\tof\tthese\tinnovations\tand\tdesigns\tsuch\tas\twith\trespect\tto\tpatents,\ntrademarks,\tcopyrights,\ttrade\tsecrets,\tconfidential\tinformation\tand\tother\tmeasures,\tincluding\tthrough\temployee\tand\tthird-party\tnondisclosure\nagreements\tand\tother\tcontractual\tarrangements.\tFor\texample,\twe\tplace\ta\thigh\tpriority\ton\tobtaining\tpatents\tto\tprovide\tthe\tbroadest\tand\tstrongest\npossible\tprotection\tto\tenable\tour\tfreedom\tto\toperate\tour\tinnovations\tand\tdesigns\tacross\tall\tof\tour\tproducts\tand\ttechnologies\tas\twell\tas\tto\tprotect\tand\ndefend\tour\tproduct\tportfolio.\tWe\thave\talso\tadopted\ta\tpatent\tpolicy\tin\twhich\twe\tirrevocably\tpledged\tthat\twe\twill\tnot\tinitiate\ta\tlawsuit\tagainst\tany\tparty\tfor\ninfringing\tour\tpatents\tthrough\tactivity\trelating\tto\telectric\tvehicles\tor\trelated\tequipment\tfor\tso\tlong\tas\tsuch\tparty\tis\tacting\tin\tgood\tfaith.\tWe\tmade\tthis\npledge\tin\torder\tto\tencourage\tthe\tadvancement\tof\ta\tcommon,\trapidly-evolving\tplatform\tfor\telectric\tvehicles,\tthereby\tbenefiting\tourselves,\tother\ncompanies\tmaking\telectric\tvehicles\tand\tthe\tworld.\nEnvironmental,\tSocial\tand\tGovernance\t(ESG)\tand\tHuman\tCapital\tResources\nESG\nThe\tvery\tpurpose\tof\tTesla's\texistence\tis\tto\taccelerate\tthe\tworld's\ttransition\tto\tsustainable\tenergy.\tWe\tbelieve\tthe\tworld\tcannot\treduce\tcarbon\nemissions\twithout\taddressing\tboth\tenergy\tgeneration\tand\tconsumption,\tand\twe\tare\tdesigning\tand\tmanufacturing\ta\tcomplete\tenergy\tand\ttransportation\necosystem\tto\tachieve\tthis\tgoal.\tAs\twe\texpand,\twe\tare\tbuilding\teach\tnew\tfactory\tto\tbe\tmore\tefficient\tand\tsustainably\tdesigned\tthan\tthe\tprevious\tone,\nincluding\twith\trespect\tto\tper-unit\twaste\treduction\tand\tresource\tconsumption,\tincluding\twater\tand\tenergy\tusage.\tWe\tare\tfocused\ton\tfurther\tenhancing\nsustainability\tof\toperations\toutside\tof\tour\tdirect\tcontrol,\tincluding\treducing\tthe\tcarbon\tfootprint\tof\tour\tsupply\tchain.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 13, "lines": { "from": 19, "to": 33 } } } }, { "pageContent": "We\tare\tcommitted\tto\tsourcing\tonly\tresponsibly\tproduced\tmaterials,\tand\tour\tsuppliers\tare\trequired\tto\tprovide\tevidence\tof\tmanagement\tsystems\tthat\nensure\tsocial,\tenvironmental\tand\tsustainability\tbest\tpractices\tin\ttheir\town\toperations,\tas\twell\tas\tto\tdemonstrate\ta\tcommitment\tto\tresponsible\tsourcing\ninto\ttheir\tsupply\tchains.\tWe\thave\ta\tzero-tolerance\tpolicy\twhen\tit\tcomes\tto\tchild\tor\tforced\tlabor\tand\thuman\ttrafficking\tby\tour\tsuppliers\tand\twe\tlook\tto\tthe\nOrganization\tfor\tEconomic\tCo-operation\tand\tDevelopment\tDue\tDiligence\tGuidelines\tto\tinform\tour\tprocess\tand\tuse\tfeedback\tfrom\tour\tinternal\tand\nexternal\tstakeholders\tto\tfind\tways\tto\tcontinually\timprove.\tWe\tare\talso\tdriving\tsafety\tin\tour\town\tfactories\tby\tfocusing\ton\tworker\tengagement.\tOur\nincidents\tper\tvehicle\tcontinue\tto\tdrop\teven\tas\tour\tproduction\tvolumes\tincrease.\tWe\talso\tstrive\tto\tbe\tan\temployer\tof\tchoice\tby\toffering\tcompelling,\nimpactful\tjobs\twith\tbest\tin-industry\tbenefits.\n12", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 13, "lines": { "from": 34, "to": 41 } } } }, { "pageContent": "Table\tof\tContents\nWe\tbelieve\tthat\tsound\tcorporate\tgovernance\tis\tcritical\tto\thelping\tus\tachieve\tour\tgoals,\tincluding\twith\trespect\tto\tESG.\tWe\tcontinue\tto\tevolve\ta\ngovernance\tframework\tthat\texercises\tappropriate\toversight\tof\tresponsibilities\tat\tall\tlevels\tthroughout\tthe\tcompany\tand\tmanages\tits\taffairs\tconsistent\nwith\thigh\tprinciples\tof\tbusiness\tethics.\tOur\tESG\tSustainability\tCouncil\tis\tmade\tup\tof\tleaders\tfrom\tacross\tour\tcompany,\tand\tregularly\tpresents\tto\tour\tBoard\nof\tDirectors,\twhich\toversees\tour\tESG\timpacts,\tinitiatives\tand\tpriorities.\nHuman\tCapital\tResources\nA\tcompetitive\tedge\tfor\tTesla\tis\tits\tability\tto\tattract\tand\tretain\thigh\tquality\temployees.\tDuring\tthe\tpast\tyear,\tTesla\tmade\tsubstantial\tinvestments\tin\nits\tworkforce,\tfurther\tstrengthening\tits\tstanding\tas\tone\tof\tthe\tmost\tdesirable\tand\tinnovative\tcompanies\tto\twork\tfor.\tAs\tof\tDecember\t31,\t2023,\tour\nemployee\theadcount\tworldwide\twas\t140,473.\nWe\thave\tcreated\tan\tenvironment\tthat\tfosters\tgrowth\topportunities,\tand\tas\tof\tthis\treport,\tnearly\ttwo-thirds\t(65%)\tof\tour\tmanagers\twere\tpromoted\nfrom\tan\tinternal,\tnon-manager\tposition,\tand\t43%\tof\tour\tmanagement\temployees\thave\tbeen\twith\tTesla\tfor\tmore\tthan\tfive\tyears.\tTesla’s\tgrowth\tof\t35%\nover\tthe\tpast\ttwo\tyears\thas\toffered\tinternal\tcareer\tdevelopment\tto\tour\temployees\tas\twell\tas\tthe\tability\tto\tmake\ta\tmeaningful\tcontribution\tto\ta\nsustainable\tfuture.\nWe\tare\table\tto\tretain\tour\temployees,\tin\tpart,\tnot\tonly\tbecause\temployees\tcan\tenjoy\townership\tin\tTesla\tthrough\tstock\t(of\twhich\t89%\thave\tbeen\ngiven\tthe\topportunity\tto),\tbut\tbecause\twe\talso\tprovide\tthem\twith\texcellent\thealth\tbenefits\tsuch\tas\tfree\tcounseling,\tpaid\tparental\tleave,\tpaid\ttime\toff\tand\nzero-premium\tmedical\tplan\toptions\tthat\tare\tmade\tavailable\ton\tthe\tfirst\tday\tof\temployment.\nWe\trecognize\tthe\tpositive\timpact\tthat\tleaders\tcan\thave\ton\ttheir\tteams\tand\toffer\tfundamental\tskills\ttraining\tand\tcontinuous\tdevelopment\tto\tall\nleaders\tthrough\tvarious\tprograms\tglobally.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 14, "lines": { "from": 1, "to": 18 } } } }, { "pageContent": "leaders\tthrough\tvarious\tprograms\tglobally.\nWe\tdon’t\tstop\tthere.\tTesla\thas\tseveral\tother\tprograms\tstrategically\tdesigned\tto\tincrease\tpaths\tfor\tgreater\tcareer\topportunity\tsuch\tas:\n•Technician\tTrainee\t(Service)\t– The\tTesla\tTechnician\tTrainee\tProgram\tprovides\ton-the-job\tautomotive\tmaintenance\ttraining\tat\tTesla,\nresulting\tin\tan\tindustry\tcertification.\tTargeted\tat\tindividuals\twith\tlimited\texperience,\twhether\tin\tindustry\tor\tvocational\tschools,\tthe\tprogram\nprepares\ttrainees\tfor\temployment\tas\ttechnicians.\tIn\t2023,\twe\thired\tover\t1,900\tTechnician\tTrainees\tacross\tthe\tU.S.,\tGermany\tand\tChina.\n•START\t(Manufacturing\tand\tService)\t–\tTesla\tSTART\tis\tan\tintensive\ttraining\tprogram\tthat\tcomplements\tthe\tTechnician\tTrainee\tprogram\tand\nequips\tindividuals\twith\tthe\tskills\tneeded\tfor\ta\tsuccessful\ttechnician\trole\tat\tTesla.\tWe\thave\tpartnered\twith\tcolleges\tand\ttechnical\tacademies\tto\nlaunch\tTesla\tSTART\tin\tthe\tU.S.,\tUnited\tKingdom\tand\tGermany.\tIn\t2023,\twe\thired\tover\t350\ttrainees\tfor\tmanufacturing\tand\tservice\troles\tthrough\nthis\tprogram,\tproviding\tan\topportunity\tto\ttransition\tinto\tfull-time\temployment.\n•Internships\t–\tAnnually,\tTesla\thires\tover\t6,000\tuniversity\tand\tcollege\tstudents\tfrom\taround\tthe\tworld.\tWe\trecruit\tfrom\tdiverse\tstudent\norganizations\tand\tcampuses,\tseeking\ttop\ttalent\tpassionate\tabout\tour\tmission.\tOur\tinterns\tengage\tin\tmeaningful\twork\tfrom\tday\tone,\tand\twe\noften\toffer\tthem\tfull-time\tpositions\tpost-internship.\n•Military\tFellowship\tand\tTransition\tPrograms\t– The\tMilitary\tFellowship\tand\tTransition\tPrograms\tare\tdesigned\tto\toffer\texiting\tmilitary\tservice\nmembers\tin\tthe\tU.S.\tand\tEurope\twith\tcareer\tguidance\ton\ttransitioning\tinto\tthe\tcivil\tworkforce.\tWe\tpartner\twith\tthe\tcareer\ttransition\tservices\tof\nEuropean\tDefence\tMinistries\tacross\tfive\tcountries,\tas\twell\tas\tthe\tU.S.\tChamber\tof\tCommerce’s\tHire\tour\tHeroes.\tThese\tprograms\taim\tto\tconvert\nhigh-performing\tindividuals\tto\tfull-time\troles\tand\tcreate\ta\tveteran\ttalent\tpipeline.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 14, "lines": { "from": 18, "to": 33 } } } }, { "pageContent": "•Apprenticeships\t–\tTesla\tApprenticeships\tare\toffered\tglobally,\tproviding\tacademic\tand\ton-the-job\ttraining\tto\tprepare\tspecialists\tin\tskilled\ntrades.\tApprentices\twill\tcomplete\tbetween\tone\tto\tfour\tyears\tof\ton-the-job\ttraining.\tApprentice\tprograms\thave\tseen\tskilled\ttrade\thires\tacross\tthe\nU.S.,\tAustralia,\tHong\tKong,\tKorea\tand\tGermany.\n•Manufacturing\tDevelopment\tProgram\t– Tesla's\tmanufacturing\tpathway\tprogram\tis\tdesigned\tto\tprovide\tgraduating\thigh\tschool\tseniors\twith\nthe\tfinancial\tresources,\tcoursework\tand\texperience\tthey\tneed\tto\tstart\ta\tsuccessful\tmanufacturing\tcareer\tat\tTesla.\tWe\thired\t373\tgraduates\nthrough\tthis\tprogram\tin\t2023,\tand\tour\tgoal\tin\t2024\tis\tgrow\tthis\tprogram\tto\tover\t600\tstudents\tannually\tacross\tour\tFremont\tFactory,\tGigafactory\nNevada,\tGigafactory\tTexas\tand\tGigafactory\tNew\tYork.\n13", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 14, "lines": { "from": 34, "to": 41 } } } }, { "pageContent": "Table\tof\tContents\n•Engineering\tDevelopment\tProgram\t– Launched\tin\tJanuary\t2024,\tthis\tprogram\ttargets\trecent\tcollege\tand\tuniversity\tgraduates\tfor\tspecialized\nengineering\tfields.\tIn\tcollaboration\twith\tAustin\tCommunity\tCollege,\tthe\tprogram\teducates\tearly-career\tengineers\tin\tcontrols\tengineering,\nenhancing\ttheir\tknowledge\tof\thigh-demand\ttechnologies\tfor\tU.S.\tmanufacturing.\nWe\twill\tcontinue\tto\texpand\tthe\topportunities\tfor\tour\temployees\tto\tadd\tskills\tand\tdevelop\tprofessionally\twith\ta\tnew\tEmployee\tEducational\tAssistance\nProgram\tlaunching\tin\tthe\tU.S.\tin\tthe\tspring\tof\t2024\tto\thelp\temployees\tpursue\tselect\tcertificates\tor\tdegrees.\tWith\tvirtual,\tself-paced\teducation\toptions\navailable,\temployees\tcan\tpursue\ta\tnew\tpath\tor\texpand\ttheir\tknowledge\twhile\tcontinuing\tto\tgrow\ttheir\tcareer.\nAt\tTesla,\tour\temployees\tshow\tup\tpassionate\tabout\tmaking\ta\tdifference\tin\tthe\tworld\tand\tfor\teach\tother.\tWe\tremain\tunwavering\tin\tour\tdemand\tthat\nour\tfactories,\toffices,\tstores\tand\tservice\tcenters\tare\tplaces\twhere\tour\temployees\tfeel\trespected\tand\tappreciated.\tOur\tpolicies\tare\tdesigned\tto\tpromote\nfairness\tand\trespect\tfor\teveryone.\tWe\thire,\tevaluate\tand\tpromote\temployees\tbased\ton\ttheir\tskills\tand\tperformance.\tEveryone\tis\texpected\tto\tbe\ntrustworthy,\tdemonstrate\texcellence\tin\ttheir\tperformance\tand\tcollaborate\twith\tothers.\tWith\tthis\tin\tmind,\twe\twill\tnot\ttolerate\tcertain\tbehaviors.\tThese\ninclude\tharassment,\tretaliation,\tviolence,\tintimidation\tand\tdiscrimination\tof\tany\tkind\ton\tthe\tbasis\tof\trace,\tcolor,\treligion,\tnational\torigin,\tgender,\tsexual\norientation,\tgender\tidentity,\tgender\texpression,\tage,\tdisability\tor\tveteran\tstatus.\nAnti-harassment\ttraining\tis\tconducted\ton\tday\tone\tof\tnew\thire\torientation\tfor\tall\temployees\tand\treoccurring\tfor\tleaders.\tIn\taddition,\twe\trun\tvarious\nleadership\tdevelopment\tprograms\tthroughout\tthe\tyear\taimed\tat\tenhancing\tleaders’\tskills,\tand\tin\tparticular,\thelping\tthem\tto\tunderstand\thow\tto\nappropriately\trespond\tto\tand\taddress\temployee\tconcerns.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 15, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "Employees\tare\tencouraged\tto\tspeak\tup\tboth\tin\tregard\tto\tmisconduct\tand\tsafety\tconcerns\tand\tcan\tdo\tso\tby\tcontacting\tthe\tintegrity\tline,\tsubmitting\nconcerns\tthrough\tour\tTake\tCharge\tprocess,\tor\tnotifying\ttheir\tHuman\tResource\tPartner\tor\tany\tmember\tof\tmanagement.\tConcerns\tare\treviewed\tin\naccordance\twith\testablished\tprotocols\tby\tinvestigators\twith\texpertise,\twho\talso\treview\tfor\ttrends\tand\toutcomes\tfor\tremediation\tand\tappropriate\tcontrols.\nResponding\tto\tquestions\ttimely\tis\tkey\tso\tHuman\tResource\tPartners\tfor\teach\tfunctional\tarea\tare\tvisible\tthroughout\tfacilities\tand\tare\tactively\tinvolved\tin\ndriving\tculture\tand\tengagement\talongside\tbusiness\tleaders.\nAvailable\tInformation\nWe\tfile\tor\tfurnish\tperiodic\treports\tand\tamendments\tthereto,\tincluding\tour\tAnnual\tReports\ton\tForm\t10-K,\tour\tQuarterly\tReports\ton\tForm\t10-Q\tand\nCurrent\tReports\ton\tForm\t8-K,\tproxy\tstatements\tand\tother\tinformation\twith\tthe\tSEC.\tIn\taddition,\tthe\tSEC\tmaintains\ta\twebsite\t(www.sec.gov)\tthat\tcontains\nreports,\tproxy\tand\tinformation\tstatements,\tand\tother\tinformation\tregarding\tissuers\tthat\tfile\telectronically.\tOur\twebsite\tis\tlocated\tat\twww.tesla.com,\tand\nour\treports,\tamendments\tthereto,\tproxy\tstatements\tand\tother\tinformation\tare\talso\tmade\tavailable,\tfree\tof\tcharge,\ton\tour\tinvestor\trelations\twebsite\tat\nir.tesla.com\tas\tsoon\tas\treasonably\tpracticable\tafter\twe\telectronically\tfile\tor\tfurnish\tsuch\tinformation\twith\tthe\tSEC.\tThe\tinformation\tposted\ton\tour\twebsite\nis\tnot\tincorporated\tby\treference\tinto\tthis\tAnnual\tReport\ton\tForm\t10-K.\nITEM\t1A.\tRISK\tFACTORS\nYou\tshould\tcarefully\tconsider\tthe\trisks\tdescribed\tbelow\ttogether\twith\tthe\tother\tinformation\tset\tforth\tin\tthis\treport,\twhich\tcould\tmaterially\taffect\tour\nbusiness,\tfinancial\tcondition\tand\tfuture\tresults.\tThe\trisks\tdescribed\tbelow\tare\tnot\tthe\tonly\trisks\tfacing\tour\tcompany.\tRisks\tand\tuncertainties\tnot\tcurrently\nknown\tto\tus\tor\tthat\twe\tcurrently\tdeem\tto\tbe\timmaterial\talso\tmay\tmaterially\tadversely\taffect\tour\tbusiness,\tfinancial\tcondition\tand\toperating\tresults.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 15, "lines": { "from": 17, "to": 32 } } } }, { "pageContent": "Risks\tRelated\tto\tOur\tAbility\tto\tGrow\tOur\tBusiness\nWe\tmay\texperience\tdelays\tin\tlaunching\tand\tramping\tthe\tproduction\tof\tour\tproducts\tand\tfeatures,\tor\twe\tmay\tbe\tunable\tto\tcontrol\nour\tmanufacturing\tcosts.\nWe\thave\tpreviously\texperienced\tand\tmay\tin\tthe\tfuture\texperience\tlaunch\tand\tproduction\tramp\tdelays\tfor\tnew\tproducts\tand\tfeatures.\tFor\texample,\nwe\tencountered\tunanticipated\tsupplier\tissues\tthat\tled\tto\tdelays\tduring\tthe\tinitial\tramp\tof\tour\tfirst\tModel\tX\tand\texperienced\tchallenges\twith\ta\tsupplier\tand\nwith\tramping\tfull\tautomation\tfor\tcertain\tof\tour\tinitial\tModel\t3\tmanufacturing\tprocesses.\tIn\taddition,\twe\tmay\tintroduce\tin\tthe\tfuture\tnew\tor\tunique\nmanufacturing\tprocesses\tand\tdesign\tfeatures\tfor\tour\tproducts.\tAs\twe\texpand\tour\tvehicle\tofferings\tand\tglobal\tfootprint,\tthere\tis\tno\tguarantee\tthat\twe\twill\nbe\table\tto\tsuccessfully\tand\ttimely\tintroduce\tand\tscale\tsuch\tprocesses\tor\tfeatures.\n14", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 15, "lines": { "from": 33, "to": 41 } } } }, { "pageContent": "Table\tof\tContents\nIn\tparticular,\tour\tfuture\tbusiness\tdepends\tin\tlarge\tpart\ton\tincreasing\tthe\tproduction\tof\tmass-market\tvehicles.\tIn\torder\tto\tbe\tsuccessful,\twe\twill\tneed\nto\timplement,\tmaintain\tand\tramp\tefficient\tand\tcost-effective\tmanufacturing\tcapabilities,\tprocesses\tand\tsupply\tchains\tand\tachieve\tthe\tdesign\ttolerances,\nhigh\tquality\tand\toutput\trates\twe\thave\tplanned\tat\tour\tmanufacturing\tfacilities\tin\tCalifornia,\tNevada,\tTexas,\tChina,\tGermany\tand\tany\tfuture\tsites\tsuch\tas\nMexico.\tWe\twill\talso\tneed\tto\thire,\ttrain\tand\tcompensate\tskilled\temployees\tto\toperate\tthese\tfacilities.\tBottlenecks\tand\tother\tunexpected\tchallenges\tsuch\nas\tthose\twe\texperienced\tin\tthe\tpast\tmay\tarise\tduring\tour\tproduction\tramps,\tand\twe\tmust\taddress\tthem\tpromptly\twhile\tcontinuing\tto\timprove\nmanufacturing\tprocesses\tand\treducing\tcosts.\tIf\twe\tare\tnot\tsuccessful\tin\tachieving\tthese\tgoals,\twe\tcould\tface\tdelays\tin\testablishing\tand/or\tsustaining\tour\nproduct\tramps\tor\tbe\tunable\tto\tmeet\tour\trelated\tcost\tand\tprofitability\ttargets.\nWe\thave\texperienced,\tand\tmay\talso\texperience\tsimilar\tfuture\tdelays\tin\tlaunching\tand/or\tramping\tproduction\tof\tour\tenergy\tstorage\tproducts\tand\nSolar\tRoof;\tnew\tproduct\tversions\tor\tvariants;\tnew\tvehicles;\tand\tfuture\tfeatures\tand\tservices\tbased\ton\tartificial\tintelligence.\tLikewise,\twe\tmay\tencounter\ndelays\twith\tthe\tdesign,\tconstruction\tand\tregulatory\tor\tother\tapprovals\tnecessary\tto\tbuild\tand\tbring\tonline\tfuture\tmanufacturing\tfacilities\tand\tproducts.\nAny\tdelay\tor\tother\tcomplication\tin\tramping\tthe\tproduction\tof\tour\tcurrent\tproducts\tor\tthe\tdevelopment,\tmanufacture,\tlaunch\tand\tproduction\tramp\tof\nour\tfuture\tproducts,\tfeatures\tand\tservices,\tor\tin\tdoing\tso\tcost-effectively\tand\twith\thigh\tquality,\tmay\tharm\tour\tbrand,\tbusiness,\tprospects,\tfinancial\ncondition\tand\toperating\tresults.\nOur\tsuppliers\tmay\tfail\tto\tdeliver\tcomponents\taccording\tto\tschedules,\tprices,\tquality\tand\tvolumes\tthat\tare\tacceptable\tto\tus,\tor\twe\nmay\tbe\tunable\tto\tmanage\tthese\tcomponents\teffectively.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 16, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "Our\tproducts\tcontain\tthousands\tof\tparts\tpurchased\tglobally\tfrom\thundreds\tof\tsuppliers,\tincluding\tsingle-source\tdirect\tsuppliers,\twhich\texposes\tus\tto\nmultiple\tpotential\tsources\tof\tcomponent\tshortages.\tUnexpected\tchanges\tin\tbusiness\tconditions,\tmaterials\tpricing,\tincluding\tinflation\tof\traw\tmaterial\ncosts,\tlabor\tissues,\twars,\ttrade\tpolicies,\tnatural\tdisasters,\thealth\tepidemics\tsuch\tas\tthe\tglobal\tCOVID-19\tpandemic,\ttrade\tand\tshipping\tdisruptions,\tport\ncongestions,\tcyberattacks\tand\tother\tfactors\tbeyond\tour\tor\tour\tsuppliers’\tcontrol\tcould\talso\taffect\tthese\tsuppliers’\tability\tto\tdeliver\tcomponents\tto\tus\tor\tto\nremain\tsolvent\tand\toperational.\tFor\texample,\ta\tglobal\tshortage\tof\tsemiconductors\tbeginning\tin\tearly\t2021\thas\tcaused\tchallenges\tin\tthe\tmanufacturing\nindustry\tand\timpacted\tour\tsupply\tchain\tand\tproduction.\tAdditionally,\tif\tour\tsuppliers\tdo\tnot\taccurately\tforecast\tand\teffectively\tallocate\tproduction\tor\tif\nthey\tare\tnot\twilling\tto\tallocate\tsufficient\tproduction\tto\tus,\tor\tface\tother\tchallenges\tsuch\tas\tinsolvency,\tit\tmay\treduce\tour\taccess\tto\tcomponents\tand\nrequire\tus\tto\tsearch\tfor\tnew\tsuppliers.\tThe\tunavailability\tof\tany\tcomponent\tor\tsupplier\tcould\tresult\tin\tproduction\tdelays,\tidle\tmanufacturing\tfacilities,\nproduct\tdesign\tchanges\tand\tloss\tof\taccess\tto\timportant\ttechnology\tand\ttools\tfor\tproducing\tand\tsupporting\tour\tproducts,\tas\twell\tas\timpact\tour\tcapacity\nexpansion\tand\tour\tability\tto\tfulfill\tour\tobligations\tunder\tcustomer\tcontracts.\tMoreover,\tsignificant\tincreases\tin\tour\tproduction\tor\tproduct\tdesign\tchanges\nby\tus\thave\trequired\tand\tmay\tin\tthe\tfuture\trequire\tus\tto\tprocure\tadditional\tcomponents\tin\ta\tshort\tamount\tof\ttime.\tWe\thave\tfaced\tin\tthe\tpast,\tand\tmay\nface\tsuppliers\twho\tare\tunwilling\tor\tunable\tto\tsustainably\tmeet\tour\ttimelines\tor\tour\tcost,\tquality\tand\tvolume\tneeds,\twhich\tmay\tincrease\tour\tcosts\tor\nrequire\tus\tto\treplace\tthem\twith\tother\tsources.\tFinally,\tas\twe\tconstruct\tnew\tmanufacturing\tfacilities\tand\tadd\tproduction\tlines\tto\texisting\tfacilities,\twe\tmay", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 16, "lines": { "from": 17, "to": 29 } } } }, { "pageContent": "experience\tissues\tin\tcorrespondingly\tincreasing\tthe\tlevel\tof\tlocalized\tprocurement\tat\tthose\tfacilities.\tWhile\twe\tbelieve\tthat\twe\twill\tbe\table\tto\tsecure\nadditional\tor\talternate\tsources\tor\tdevelop\tour\town\treplacements\tfor\tmost\tof\tour\tcomponents,\tthere\tis\tno\tassurance\tthat\twe\twill\tbe\table\tto\tdo\tso\tquickly\nor\tat\tall.\tAdditionally,\twe\tmay\tbe\tunsuccessful\tin\tour\tcontinuous\tefforts\tto\tnegotiate\twith\texisting\tsuppliers\tto\tobtain\tcost\treductions\tand\tavoid\nunfavorable\tchanges\tto\tterms,\tsource\tless\texpensive\tsuppliers\tfor\tcertain\tparts\tand\tredesign\tcertain\tparts\tto\tmake\tthem\tless\texpensive\tto\tproduce,\nespecially\tin\tthe\tcase\tof\tincreases\tin\tmaterials\tpricing.\tAny\tof\tthese\toccurrences\tmay\tharm\tour\tbusiness,\tprospects,\tfinancial\tcondition\tand\toperating\nresults.\nAs\tthe\tscale\tof\tour\tvehicle\tproduction\tincreases,\twe\twill\talso\tneed\tto\taccurately\tforecast,\tpurchase,\twarehouse\tand\ttransport\tcomponents\tat\thigh\nvolumes\tto\tour\tmanufacturing\tfacilities\tand\tservicing\tlocations\tinternationally.\tIf\twe\tare\tunable\tto\taccurately\tmatch\tthe\ttiming\tand\tquantities\tof\ncomponent\tpurchases\tto\tour\tactual\tneeds\tor\tsuccessfully\timplement\tautomation,\tinventory\tmanagement\tand\tother\tsystems\tto\taccommodate\tthe\nincreased\tcomplexity\tin\tour\tsupply\tchain\tand\tparts\tmanagement,\twe\tmay\tincur\tunexpected\tproduction\tdisruption,\tstorage,\ttransportation\tand\twrite-off\ncosts,\twhich\tmay\tharm\tour\tbusiness\tand\toperating\tresults.\nWe\tmay\tbe\tunable\tto\tmeet\tour\tprojected\tconstruction\ttimelines,\tcosts\tand\tproduction\tramps\tat\tnew\tfactories,\tor\twe\tmay\nexperience\tdifficulties\tin\tgenerating\tand\tmaintaining\tdemand\tfor\tproducts\tmanufactured\tthere.\nOur\tability\tto\tincrease\tproduction\tof\tour\tvehicles\ton\ta\tsustained\tbasis,\tmake\tthem\taffordable\tglobally\tby\taccessing\tlocal\tsupply\tchains\tand\nworkforces\tand\tstreamline\tdelivery\tlogistics\tis\tdependent\ton\tthe\tconstruction\tand\tramp\tof\tour\tcurrent\tand\tfuture\tfactories.\tThe\tconstruction\tof\tand\ncommencement\tand\tramp\tof\tproduction\tat\tthese\tfactories\tare\tsubject\n15", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 16, "lines": { "from": 30, "to": 46 } } } }, { "pageContent": "Table\tof\tContents\nto\ta\tnumber\tof\tuncertainties\tinherent\tin\tall\tnew\tmanufacturing\toperations,\tincluding\tongoing\tcompliance\twith\tregulatory\trequirements,\tprocurement\tand\nmaintenance\tof\tconstruction,\tenvironmental\tand\toperational\tlicenses\tand\tapprovals\tfor\tadditional\texpansion,\tsupply\tchain\tconstraints,\thiring,\ttraining\tand\nretention\tof\tqualified\temployees\tand\tthe\tpace\tof\tbringing\tproduction\tequipment\tand\tprocesses\tonline\twith\tthe\tcapability\tto\tmanufacture\thigh-quality\nunits\tat\tscale.\tMoreover,\twe\twill\thave\tto\testablish\tand\tramp\tproduction\tof\tour\tproprietary\tbattery\tcells\tand\tpacks\tat\tour\tnew\tfactories,\tand\twe\tadditionally\nintend\tto\tincorporate\tsequential\tdesign\tand\tmanufacturing\tchanges\tinto\tvehicles\tmanufactured\tat\teach\tnew\tfactory.\tIf\twe\texperience\tany\tissues\tor\tdelays\nin\tmeeting\tour\tprojected\ttimelines,\tcosts,\tcapital\tefficiency\tand\tproduction\tcapacity\tfor\tour\tnew\tfactories,\texpanding\tand\tmanaging\tteams\tto\timplement\niterative\tdesign\tand\tproduction\tchanges\tthere,\tmaintaining\tand\tcomplying\twith\tthe\tterms\tof\tany\tdebt\tfinancing\tthat\twe\tobtain\tto\tfund\tthem\tor\tgenerating\nand\tmaintaining\tdemand\tfor\tthe\tvehicles\twe\tmanufacture\tthere,\tour\tbusiness,\tprospects,\toperating\tresults\tand\tfinancial\tcondition\tmay\tbe\tharmed.\nWe\tmay\tbe\tunable\tto\tgrow\tour\tglobal\tproduct\tsales,\tdelivery\tand\tinstallation\tcapabilities\tand\tour\tservicing\tand\tvehicle\tcharging\nnetworks,\tor\twe\tmay\tbe\tunable\tto\taccurately\tproject\tand\teffectively\tmanage\tour\tgrowth.\nOur\tsuccess\twill\tdepend\ton\tour\tability\tto\tcontinue\tto\texpand\tour\tsales\tcapabilities.\tWe\tare\ttargeting\ta\tglobal\tmass\tdemographic\twith\ta\tbroad\trange\nof\tpotential\tcustomers,\tin\twhich\twe\thave\trelatively\tlimited\texperience\tprojecting\tdemand\tand\tpricing\tour\tproducts.\tWe\tcurrently\tproduce\tnumerous\ninternational\tvariants\tat\ta\tlimited\tnumber\tof\tfactories,\tand\tif\tour\tspecific\tdemand\texpectations\tfor\tthese\tvariants\tprove\tinaccurate,\twe\tmay\tnot\tbe\table\tto", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 17, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "timely\tgenerate\tdeliveries\tmatched\tto\tthe\tvehicles\tthat\twe\tproduce\tin\tthe\tsame\ttimeframe\tor\tthat\tare\tcommensurate\twith\tthe\tsize\tof\tour\toperations\tin\ta\ngiven\tregion.\tLikewise,\tas\twe\tdevelop\tand\tgrow\tour\tenergy\tproducts\tand\tservices\tworldwide,\tour\tsuccess\twill\tdepend\ton\tour\tability\tto\tcorrectly\tforecast\ndemand\tin\tvarious\tmarkets.\nBecause\twe\tdo\tnot\thave\tindependent\tdealer\tnetworks,\twe\tare\tresponsible\tfor\tdelivering\tall\tof\tour\tvehicles\tto\tour\tcustomers.\tAs\tour\tproduction\nvolumes\tcontinue\tto\tgrow,\twe\thave\tfaced\tin\tthe\tpast,\tand\tmay\tface\tchallenges\twith\tdeliveries\tat\tincreasing\tvolumes,\tparticularly\tin\tinternational\tmarkets\nrequiring\tsignificant\ttransit\ttimes.\tWe\thave\talso\tdeployed\ta\tnumber\tof\tdelivery\tmodels,\tsuch\tas\tdeliveries\tto\tcustomers’\thomes\tand\tworkplaces\tand\ntouchless\tdeliveries,\tbut\tthere\tis\tno\tguarantee\tthat\tsuch\tmodels\twill\tbe\tscalable\tor\tbe\taccepted\tglobally.\tLikewise,\tas\twe\tramp\tour\tenergy\tproducts,\twe\nare\tworking\tto\tsubstantially\tincrease\tour\tproduction\tand\tinstallation\tcapabilities.\tIf\twe\texperience\tproduction\tdelays\tor\tinaccurately\tforecast\tdemand,\tour\nbusiness,\tfinancial\tcondition\tand\toperating\tresults\tmay\tbe\tharmed.\nMoreover,\tbecause\tof\tour\tunique\texpertise\twith\tour\tvehicles,\twe\trecommend\tthat\tour\tvehicles\tbe\tserviced\tby\tus\tor\tby\tcertain\tauthorized\nprofessionals.\tIf\twe\texperience\tdelays\tin\tadding\tservicing\tcapacity\tor\tservicing\tour\tvehicles\tefficiently,\tor\texperience\tunforeseen\tissues\twith\tthe\treliability\nof\tour\tvehicles,\tparticularly\thigher-volume\tadditions\tto\tour\tfleet\tsuch\tas\tModel\t3\tand\tModel\tY,\tit\tcould\toverburden\tour\tservicing\tcapabilities\tand\tparts\ninventory.\tSimilarly,\tthe\tincreasing\tnumber\tof\tTesla\tvehicles\talso\trequires\tus\tto\tcontinue\tto\trapidly\tincrease\tthe\tnumber\tof\tour\tSupercharger\tstations\tand\nconnectors\tthroughout\tthe\tworld.\nThere\tis\tno\tassurance\tthat\twe\twill\tbe\table\tto\tramp\tour\tbusiness\tto\tmeet\tour\tsales,\tdelivery,\tinstallation,\tservicing\tand\tvehicle\tcharging\ttargets", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 17, "lines": { "from": 15, "to": 29 } } } }, { "pageContent": "globally,\tthat\tour\tprojections\ton\twhich\tsuch\ttargets\tare\tbased\twill\tprove\taccurate\tor\tthat\tthe\tpace\tof\tgrowth\tor\tcoverage\tof\tour\tcustomer\tinfrastructure\nnetwork\twill\tmeet\tcustomer\texpectations.\tThese\tplans\trequire\tsignificant\tcash\tinvestments\tand\tmanagement\tresources\tand\tthere\tis\tno\tguarantee\tthat\nthey\twill\tgenerate\tadditional\tsales\tor\tinstallations\tof\tour\tproducts,\tor\tthat\twe\twill\tbe\table\tto\tavoid\tcost\toverruns\tor\tbe\table\tto\thire\tadditional\tpersonnel\tto\nsupport\tthem.\tAs\twe\texpand,\twe\twill\talso\tneed\tto\tensure\tour\tcompliance\twith\tregulatory\trequirements\tin\tvarious\tjurisdictions\tapplicable\tto\tthe\tsale,\ninstallation\tand\tservicing\tof\tour\tproducts,\tthe\tsale\tor\tdispatch\tof\telectricity\trelated\tto\tour\tenergy\tproducts\tand\tthe\toperation\tof\tSuperchargers.\tIf\twe\tfail\tto\nmanage\tour\tgrowth\teffectively,\tit\tmay\tharm\tour\tbrand,\tbusiness,\tprospects,\tfinancial\tcondition\tand\toperating\tresults.\nWe\twill\tneed\tto\tmaintain\tand\tsignificantly\tgrow\tour\taccess\tto\tbattery\tcells,\tincluding\tthrough\tthe\tdevelopment\tand\tmanufacture\tof\nour\town\tcells,\tand\tcontrol\tour\trelated\tcosts.\nWe\tare\tdependent\ton\tthe\tcontinued\tsupply\tof\tlithium-ion\tbattery\tcells\tfor\tour\tvehicles\tand\tenergy\tstorage\tproducts,\tand\twe\twill\trequire\tsubstantially\nmore\tcells\tto\tgrow\tour\tbusiness\taccording\tto\tour\tplans.\tCurrently,\twe\trely\ton\tsuppliers\tsuch\tas\tPanasonic\tand\tContemporary\tAmperex\tTechnology\tCo.\nLimited\t(CATL)\tfor\tthese\tcells.\tWe\thave\tto\tdate\tfully\tqualified\tonly\ta\tvery\tlimited\tnumber\tof\tsuch\tsuppliers\tand\thave\tlimited\tflexibility\tin\tchanging\nsuppliers.\tAny\tdisruption\tin\tthe\tsupply\tof\tbattery\tcells\tfrom\tour\tsuppliers\tcould\tlimit\tproduction\tof\tour\tvehicles\tand\tenergy\tstorage\tproducts.\tIn\tthe\tlong\nterm,\twe\tintend\tto\tsupplement\tcells\tfrom\tour\tsuppliers\twith\tcells\tmanufactured\tby\tus,\twhich\twe\tbelieve\twill\tbe\tmore\tefficient,\tmanufacturable\tat\tgreater\nvolumes\tand\tmore\tcost-effective\tthan\tcurrently\tavailable\tcells.\tHowever,\tour\tefforts\tto\tdevelop\tand\tmanufacture\tsuch\tbattery\tcells\thave\trequired,\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 17, "lines": { "from": 30, "to": 43 } } } }, { "pageContent": "may\tcontinue\tto\trequire,\tsignificant\tinvestments,\tand\tthere\tcan\tbe\tno\tassurance\tthat\twe\twill\tbe\table\tto\tachieve\tthese\ttargets\tin\tthe\ttimeframes\tthat\twe\nhave\tplanned\tor\tat\tall.\tIf\twe\tare\n16", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 17, "lines": { "from": 44, "to": 46 } } } }, { "pageContent": "Table\tof\tContents\nunable\tto\tdo\tso,\twe\tmay\thave\tto\tcurtail\tour\tplanned\tvehicle\tand\tenergy\tstorage\tproduct\tproduction\tor\tprocure\tadditional\tcells\tfrom\tsuppliers\tat\npotentially\tgreater\tcosts,\teither\tof\twhich\tmay\tharm\tour\tbusiness\tand\toperating\tresults.\nIn\taddition,\tthe\tcost\tand\tmass\tproduction\tof\tbattery\tcells,\twhether\tmanufactured\tby\tour\tsuppliers\tor\tby\tus,\tdepends\tin\tpart\tupon\tthe\tprices\tand\navailability\tof\traw\tmaterials\tsuch\tas\tlithium,\tnickel,\tcobalt\tand/or\tother\tmetals.\tThe\tprices\tfor\tthese\tmaterials\tfluctuate\tand\ttheir\tavailable\tsupply\tmay\tbe\nunstable,\tdepending\ton\tmarket\tconditions\tand\tglobal\tdemand\tfor\tthese\tmaterials.\tFor\texample,\tas\ta\tresult\tof\tincreased\tglobal\tproduction\tof\telectric\nvehicles\tand\tenergy\tstorage\tproducts,\tsuppliers\tof\tthese\traw\tmaterials\tmay\tbe\tunable\tto\tmeet\tour\tvolume\tneeds.\tAdditionally,\tour\tsuppliers\tmay\tnot\tbe\nwilling\tor\table\tto\treliably\tmeet\tour\ttimelines\tor\tour\tcost\tand\tquality\tneeds,\twhich\tmay\trequire\tus\tto\treplace\tthem\twith\tother\tsources.\tAny\treduced\navailability\tof\tthese\tmaterials\tmay\timpact\tour\taccess\tto\tcells\tand\tour\tgrowth,\tand\tany\tincreases\tin\ttheir\tprices\tmay\treduce\tour\tprofitability\tif\twe\tcannot\nrecoup\tsuch\tcosts\tthrough\tincreased\tprices.\tMoreover,\tour\tinability\tto\tmeet\tdemand\tand\tany\tproduct\tprice\tincreases\tmay\tharm\tour\tbrand,\tgrowth,\nprospects\tand\toperating\tresults.\nOur\tfuture\tgrowth\tand\tsuccess\tare\tdependent\tupon\tconsumers’\tdemand\tfor\telectric\tvehicles\tand\tspecifically\tour\tvehicles\tin\tan\nautomotive\tindustry\tthat\tis\tgenerally\tcompetitive,\tcyclical\tand\tvolatile.\nThough\twe\tcontinue\tto\tsee\tincreased\tinterest\tand\tadoption\tof\telectric\tvehicles,\tif\tthe\tmarket\tfor\telectric\tvehicles\tin\tgeneral\tand\tTesla\tvehicles\tin\nparticular\tdoes\tnot\tdevelop\tas\twe\texpect,\tdevelops\tmore\tslowly\tthan\twe\texpect,\tor\tif\tdemand\tfor\tour\tvehicles\tdecreases\tin\tour\tmarkets\tor\tour\tvehicles\ncompete\twith\teach\tother,\tour\tbusiness,\tprospects,\tfinancial\tcondition\tand\toperating\tresults\tmay\tbe\tharmed.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 18, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "In\taddition,\telectric\tvehicles\tstill\tconstitute\ta\tsmall\tpercentage\tof\toverall\tvehicle\tsales.\tAs\ta\tresult,\tthe\tmarket\tfor\tour\tvehicles\tcould\tbe\tnegatively\naffected\tby\tnumerous\tfactors,\tsuch\tas:\n•perceptions\tabout\telectric\tvehicle\tfeatures,\tquality,\tsafety,\tperformance\tand\tcost;\n•perceptions\tabout\tthe\tlimited\trange\tover\twhich\telectric\tvehicles\tmay\tbe\tdriven\ton\ta\tsingle\tbattery\tcharge,\tand\taccess\tto\tcharging\tfacilities;\n•competition,\tincluding\tfrom\tother\ttypes\tof\talternative\tfuel\tvehicles,\tplug-in\thybrid\telectric\tvehicles\tand\thigh\tfuel-economy\tinternal\tcombustion\nengine\tvehicles;\n•volatility\tin\tthe\tcost\tof\toil,\tgasoline\tand\tenergy;\n•government\tregulations\tand\teconomic\tincentives\tand\tconditions;\tand\n•concerns\tabout\tour\tfuture\tviability.\nThe\ttarget\tdemographics\tfor\tour\tvehicles\tare\thighly\tcompetitive.\tSales\tof\tvehicles\tin\tthe\tautomotive\tindustry\ttend\tto\tbe\tcyclical\tin\tmany\tmarkets,\nwhich\tmay\texpose\tus\tto\tfurther\tvolatility.\tWe\talso\tcannot\tpredict\tthe\tduration\tor\tdirection\tof\tcurrent\tglobal\ttrends\tor\ttheir\tsustained\timpact\ton\tconsumer\ndemand.\tUltimately,\twe\tcontinue\tto\tmonitor\tmacroeconomic\tconditions\tto\tremain\tflexible\tand\tto\toptimize\tand\tevolve\tour\tbusiness\tas\tappropriate,\tand\nattempt\tto\taccurately\tproject\tdemand\tand\tinfrastructure\trequirements\tglobally\tand\tdeploy\tour\tproduction,\tworkforce\tand\tother\tresources\taccordingly.\nRising\tinterest\trates\tmay\tlead\tto\tconsumers\tto\tincreasingly\tpull\tback\tspending,\tincluding\ton\tour\tproducts,\twhich\tmay\tharm\tour\tdemand,\tbusiness\tand\noperating\tresults.\tIf\twe\texperience\tunfavorable\tglobal\tmarket\tconditions,\tor\tif\twe\tcannot\tor\tdo\tnot\tmaintain\toperations\tat\ta\tscope\tthat\tis\tcommensurate\nwith\tsuch\tconditions\tor\tare\tlater\trequired\tto\tor\tchoose\tto\tsuspend\tsuch\toperations\tagain,\tour\tbusiness,\tprospects,\tfinancial\tcondition\tand\toperating\tresults\nmay\tbe\tharmed.\nWe\tface\tstrong\tcompetition\tfor\tour\tproducts\tand\tservices\tfrom\ta\tgrowing\tlist\tof\testablished\tand\tnew\tcompetitors.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 18, "lines": { "from": 17, "to": 34 } } } }, { "pageContent": "The\tworldwide\tautomotive\tmarket\tis\thighly\tcompetitive\ttoday\tand\twe\texpect\tit\twill\tbecome\teven\tmore\tso\tin\tthe\tfuture.\tA\tsignificant\tand\tgrowing\nnumber\tof\testablished\tand\tnew\tautomobile\tmanufacturers,\tas\twell\tas\tother\tcompanies,\thave\tentered,\tor\tare\treported\tto\thave\tplans\tto\tenter,\tthe\tmarket\nfor\telectric\tand\tother\talternative\tfuel\tvehicles,\tincluding\thybrid,\tplug-in\thybrid\tand\tfully\telectric\tvehicles,\tas\twell\tas\tthe\tmarket\tfor\tself-driving\ttechnology\nand\tother\tvehicle\tapplications\tand\tsoftware\tplatforms.\tIn\tsome\tcases,\tour\tcompetitors\toffer\tor\twill\toffer\telectric\tvehicles\tin\timportant\tmarkets\tsuch\tas\nChina\tand\tEurope,\tand/or\thave\tannounced\tan\tintention\tto\tproduce\telectric\tvehicles\texclusively\tat\tsome\tpoint\tin\tthe\tfuture.\tIn\taddition,\tcertain\ngovernment\tand\teconomic\tincentives\twhich\tprovide\tbenefits\tto\tmanufacturers\twho\tassemble\tdomestically\tor\thave\tlocal\tsuppliers,\tmay\tprovide\ta\tgreater\nbenefit\tto\tour\tcompetitors,\twhich\tcould\tnegatively\timpact\tour\tprofitability.\tMany\tof\tour\tcompetitors\thave\tsignificantly\tmore\tor\tbetter-established\nresources\tthan\twe\tdo\tto\tdevote\tto\tthe\tdesign,\tdevelopment,\tmanufacturing,\tdistribution,\tpromotion,\tsale\tand\tsupport\tof\ttheir\tproducts.\tIncreased\ncompetition\tcould\tresult\tin\tour\tlower\tvehicle\tunit\tsales,\tprice\treductions,\trevenue\tshortfalls,\tloss\tof\tcustomers\tand\tloss\tof\tmarket\tshare,\twhich\tmay\tharm\nour\tbusiness,\tfinancial\tcondition\tand\toperating\tresults.\n17", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 18, "lines": { "from": 35, "to": 45 } } } }, { "pageContent": "Table\tof\tContents\nWe\talso\tface\tcompetition\tin\tour\tenergy\tgeneration\tand\tstorage\tbusiness\tfrom\tother\tmanufacturers,\tdevelopers,\tinstallers\tand\tservice\tproviders\tof\ncompeting\tenergy\ttechnologies,\tas\twell\tas\tfrom\tlarge\tutilities.\tDecreases\tin\tthe\tretail\tor\twholesale\tprices\tof\telectricity\tfrom\tutilities\tor\tother\trenewable\nenergy\tsources\tcould\tmake\tour\tproducts\tless\tattractive\tto\tcustomers\tand\tlead\tto\tan\tincreased\trate\tof\tcustomer\tdefaults.\nRisks\tRelated\tto\tOur\tOperations\nWe\tmay\texperience\tissues\twith\tlithium-ion\tcells\tor\tother\tcomponents\tmanufactured\tat\tour\tGigafactories,\twhich\tmay\tharm\tthe\nproduction\tand\tprofitability\tof\tour\tvehicle\tand\tenergy\tstorage\tproducts.\nOur\tplan\tto\tgrow\tthe\tvolume\tand\tprofitability\tof\tour\tvehicles\tand\tenergy\tstorage\tproducts\tdepends\ton\tsignificant\tlithium-ion\tbattery\tcell\tproduction,\nincluding\tby\tour\tpartner\tPanasonic\tat\tGigafactory\tNevada.\tWe\talso\tproduce\tseveral\tvehicle\tcomponents\tat\tour\tGigafactories,\tsuch\tas\tbattery\tmodules\tand\npacks\tand\tdrive\tunits,\tand\tmanufacture\tenergy\tstorage\tproducts.\tIf\twe\tare\tunable\tto\tor\totherwise\tdo\tnot\tmaintain\tand\tgrow\tour\trespective\toperations,\tor\nif\twe\tare\tunable\tto\tdo\tso\tcost-effectively\tor\thire\tand\tretain\thighly-skilled\tpersonnel\tthere,\tour\tability\tto\tmanufacture\tour\tproducts\tprofitably\twould\tbe\nlimited,\twhich\tmay\tharm\tour\tbusiness\tand\toperating\tresults.\nFinally,\tthe\thigh\tvolumes\tof\tlithium-ion\tcells\tand\tbattery\tmodules\tand\tpacks\tmanufactured\tby\tus\tand\tby\tour\tsuppliers\tare\tstored\tand\trecycled\tat\tour\nvarious\tfacilities.\tAny\tmishandling\tof\tthese\tproducts\tmay\tcause\tdisruption\tto\tthe\toperation\tof\tsuch\tfacilities.\tWhile\twe\thave\timplemented\tsafety\nprocedures\trelated\tto\tthe\thandling\tof\tthe\tcells,\tthere\tcan\tbe\tno\tassurance\tthat\ta\tsafety\tissue\tor\tfire\trelated\tto\tthe\tcells\twould\tnot\tdisrupt\tour\toperations.\nAny\tsuch\tdisruptions\tor\tissues\tmay\tharm\tour\tbrand\tand\tbusiness.\nWe\tface\trisks\tassociated\twith\tmaintaining\tand\texpanding\tour\tinternational\toperations,\tincluding\tunfavorable\tand\tuncertain", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 19, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "regulatory,\tpolitical,\teconomic,\ttax\tand\tlabor\tconditions.\nWe\tare\tsubject\tto\tlegal\tand\tregulatory\trequirements,\tpolitical\tuncertainty\tand\tsocial,\tenvironmental\tand\teconomic\tconditions\tin\tnumerous\njurisdictions,\tincluding\tmarkets\tin\twhich\twe\tgenerate\tsignificant\tsales,\tover\twhich\twe\thave\tlittle\tcontrol\tand\twhich\tare\tinherently\tunpredictable.\tOur\noperations\tin\tsuch\tjurisdictions,\tparticularly\tas\ta\tcompany\tbased\tin\tthe\tU.S.,\tcreate\trisks\trelating\tto\tconforming\tour\tproducts\tto\tregulatory\tand\tsafety\nrequirements\tand\tcharging\tand\tother\telectric\tinfrastructures;\torganizing\tlocal\toperating\tentities;\testablishing,\tstaffing\tand\tmanaging\tforeign\tbusiness\nlocations;\tattracting\tlocal\tcustomers;\tnavigating\tforeign\tgovernment\ttaxes,\tregulations\tand\tpermit\trequirements;\tenforceability\tof\tour\tcontractual\trights;\ntrade\trestrictions,\tcustoms\tregulations,\ttariffs\tand\tprice\tor\texchange\tcontrols;\tand\tpreferences\tin\tforeign\tnations\tfor\tdomestically\tmanufactured\tproducts.\nFor\texample,\twe\tmonitor\ttax\tlegislation\tchanges\ton\ta\tglobal\tbasis,\tincluding\tchanges\tarising\tas\ta\tresult\tof\tthe\tOrganization\tfor\tEconomic\tCooperation\tand\nDevelopment’s\tmulti-jurisdictional\tplan\tof\taction\tto\taddress\tbase\terosion\tand\tprofit\tshifting.\tSuch\tconditions\tmay\tincrease\tour\tcosts,\timpact\tour\tability\tto\nsell\tour\tproducts\tand\trequire\tsignificant\tmanagement\tattention,\tand\tmay\tharm\tour\tbusiness\tif\twe\tare\tunable\tto\tmanage\tthem\teffectively.\nOur\tbusiness\tmay\tsuffer\tif\tour\tproducts\tor\tfeatures\tcontain\tdefects,\tfail\tto\tperform\tas\texpected\tor\ttake\tlonger\tthan\texpected\tto\nbecome\tfully\tfunctional.\nIf\tour\tproducts\tcontain\tdesign\tor\tmanufacturing\tdefects,\twhether\trelating\tto\tour\tsoftware\tor\thardware,\tthat\tcause\tthem\tnot\tto\tperform\tas\tdesigned\nor\tintended\tor\tthat\trequire\trepair,\tor\tcertain\tfeatures\tof\tour\tvehicles\tsuch\tas\tnew\tAutopilot\tor\tFSD\tCapability\tfeatures\ttake\tlonger\tthan\texpected\tto", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 19, "lines": { "from": 18, "to": 31 } } } }, { "pageContent": "become\tenabled,\tare\tlegally\trestricted\tor\tbecome\tsubject\tto\tonerous\tregulation,\tour\tability\tto\tdevelop,\tmarket\tand\tsell\tour\tproducts\tand\tservices\tmay\tbe\nharmed,\tand\twe\tmay\texperience\tdelivery\tdelays,\tproduct\trecalls,\tallegations\tof\tproduct\tliability,\tbreach\tof\twarranty\tand\trelated\tconsumer\tprotection\nclaims\tand\tsignificant\twarranty\tand\tother\texpenses.\tWhile\twe\tare\tcontinuously\tworking\tto\tdevelop\tand\timprove\tour\tproducts’\tcapability\tand\tperformance,\nthere\tis\tno\tguarantee\tthat\tany\tincremental\tchanges\tin\tthe\tspecific\tsoftware\tor\tequipment\twe\tdeploy\tin\tour\tvehicles\tover\ttime\twill\tnot\tresult\tin\tinitial\nfunctional\tdisparities\tfrom\tprior\titerations\tor\twill\tperform\tas\tforecast\tin\tthe\ttimeframe\twe\tanticipate,\tor\tat\tall.\tAlthough\twe\tattempt\tto\tremedy\tany\tissues\nwe\tobserve\tin\tour\tproducts\tas\teffectively\tand\trapidly\tas\tpossible,\tsuch\tefforts\tmay\tnot\tbe\ttimely,\tmay\thamper\tproduction\tor\tmay\tnot\tcompletely\tsatisfy\nour\tcustomers.\tWe\thave\tperformed,\tand\tcontinue\tto\tperform,\textensive\tinternal\ttesting\ton\tour\tproducts\tand\tfeatures,\tthough,\tlike\tthe\trest\tof\tthe\tindustry,\nwe\tcurrently\thave\ta\tlimited\tframe\tof\treference\tby\twhich\tto\tevaluate\tcertain\taspects\tof\ttheir\tlong-term\tquality,\treliability,\tdurability\tand\tperformance\ncharacteristics,\tincluding\texposure\tto\tor\tconsequence\tof\texternal\tattacks.\tWhile\twe\tattempt\tto\tidentify\tand\taddress\tor\tremedy\tdefects\twe\tidentify\tpre-\nproduction\tand\tsale,\tthere\tmay\tbe\tlatent\tdefects\tthat\twe\tmay\tbe\tunable\tto\tdetect\tor\tcontrol\tfor\tin\tour\tproducts,\tand\tthereby\taddress,\tprior\tto\ttheir\tsale\tto\nor\tinstallation\tfor\tcustomers.\n18", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 19, "lines": { "from": 32, "to": 43 } } } }, { "pageContent": "Table\tof\tContents\nWe\tmay\tbe\trequired\tto\tdefend\tor\tinsure\tagainst\tproduct\tliability\tclaims.\nThe\tautomobile\tindustry\tgenerally\texperiences\tsignificant\tproduct\tliability\tclaims,\tand\tas\tsuch\twe\tface\tthe\trisk\tof\tsuch\tclaims\tin\tthe\tevent\tour\nvehicles\tdo\tnot\tperform\tor\tare\tclaimed\tto\tnot\thave\tperformed\tas\texpected.\tAs\tis\ttrue\tfor\tother\tautomakers,\tour\tvehicles\thave\tbeen\tinvolved\tand\twe\nexpect\tin\tthe\tfuture\twill\tbe\tinvolved\tin\taccidents\tresulting\tin\tdeath\tor\tpersonal\tinjury,\tand\tsuch\taccidents\twhere\tAutopilot,\tEnhanced\tAutopilot\tor\tFSD\nCapability\tfeatures\tare\tengaged\tare\tthe\tsubject\tof\tsignificant\tpublic\tattention,\tespecially\tin\tlight\tof\tNHTSA’s\tStanding\tGeneral\tOrder\trequiring\treports\nregarding\tcrashes\tinvolving\tvehicles\twith\tadvanced\tdriver\tassistance\tsystems.\tWe\thave\texperienced,\tand\twe\texpect\tto\tcontinue\tto\tface,\tclaims\tand\nregulatory\tscrutiny\tarising\tfrom\tor\trelated\tto\tmisuse\tor\tclaimed\tfailures\tor\talleged\tmisrepresentations\tof\tsuch\tnew\ttechnologies\tthat\twe\tare\tpioneering.\tIn\naddition,\tthe\tbattery\tpacks\tthat\twe\tproduce\tmake\tuse\tof\tlithium-ion\tcells.\tOn\trare\toccasions,\tlithium-ion\tcells\tcan\trapidly\trelease\tthe\tenergy\tthey\tcontain\nby\tventing\tsmoke\tand\tflames\tin\ta\tmanner\tthat\tcan\tignite\tnearby\tmaterials\tas\twell\tas\tother\tlithium-ion\tcells.\tWhile\twe\thave\tdesigned\tour\tbattery\tpacks\tto\npassively\tcontain\tany\tsingle\tcell’s\trelease\tof\tenergy\twithout\tspreading\tto\tneighboring\tcells,\tthere\tcan\tbe\tno\tassurance\tthat\ta\tfield\tor\ttesting\tfailure\tof\tour\nvehicles\tor\tother\tbattery\tpacks\tthat\twe\tproduce\twill\tnot\toccur,\tin\tparticular\tdue\tto\ta\thigh-speed\tcrash.\tLikewise,\tas\tour\tsolar\tenergy\tsystems\tand\tenergy\nstorage\tproducts\tgenerate\tand\tstore\telectricity,\tthey\thave\tthe\tpotential\tto\tfail\tor\tcause\tinjury\tto\tpeople\tor\tproperty.\tAny\tproduct\tliability\tclaim\tmay\nsubject\tus\tto\tlawsuits\tand\tsubstantial\tmonetary\tdamages,\tproduct\trecalls\tor\tredesign\tefforts,\tand\teven\ta\tmeritless\tclaim\tmay\trequire\tus\tto\tdefend\tit,\tall\tof", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 20, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "which\tmay\tgenerate\tnegative\tpublicity\tand\tbe\texpensive\tand\ttime-consuming.\tIn\tmost\tjurisdictions,\twe\tgenerally\tself-insure\tagainst\tthe\trisk\tof\tproduct\nliability\tclaims\tfor\tvehicle\texposure,\tmeaning\tthat\tany\tproduct\tliability\tclaims\twill\tlikely\thave\tto\tbe\tpaid\tfrom\tcompany\tfunds\tand\tnot\tby\tinsurance.\nWe\twill\tneed\tto\tmaintain\tpublic\tcredibility\tand\tconfidence\tin\tour\tlong-term\tbusiness\tprospects\tin\torder\tto\tsucceed.\nIn\torder\tto\tmaintain\tand\tgrow\tour\tbusiness,\twe\tmust\tmaintain\tcredibility\tand\tconfidence\tamong\tcustomers,\tsuppliers,\tanalysts,\tinvestors,\tratings\nagencies\tand\tother\tparties\tin\tour\tlong-term\tfinancial\tviability\tand\tbusiness\tprospects.\tMaintaining\tsuch\tconfidence\tmay\tbe\tchallenging\tdue\tto\tour\tlimited\noperating\thistory\trelative\tto\testablished\tcompetitors;\tcustomer\tunfamiliarity\twith\tour\tproducts;\tany\tdelays\twe\tmay\texperience\tin\tscaling\tmanufacturing,\ndelivery\tand\tservice\toperations\tto\tmeet\tdemand;\tcompetition\tand\tuncertainty\tregarding\tthe\tfuture\tof\telectric\tvehicles\tor\tour\tother\tproducts\tand\tservices;\nour\tquarterly\tproduction\tand\tsales\tperformance\tcompared\twith\tmarket\texpectations;\tand\tother\tfactors\tincluding\tthose\tover\twhich\twe\thave\tno\tcontrol.\tIn\nparticular,\tTesla’s\tproducts,\tbusiness,\tresults\tof\toperations,\tand\tstatements\tand\tactions\tof\tTesla\tand\tits\tmanagement\tare\tsubject\tto\tsignificant\tamounts\tof\ncommentary\tby\ta\trange\tof\tthird\tparties.\tSuch\tattention\tcan\tinclude\tcriticism,\twhich\tmay\tbe\texaggerated\tor\tunfounded,\tsuch\tas\tspeculation\tregarding\tthe\nsufficiency\tor\tstability\tof\tour\tmanagement\tteam.\tAny\tsuch\tnegative\tperceptions,\twhether\tcaused\tby\tus\tor\tnot,\tmay\tharm\tour\tbusiness\tand\tmake\tit\tmore\ndifficult\tto\traise\tadditional\tfunds\tif\tneeded.\nWe\tmay\tbe\tunable\tto\teffectively\tgrow,\tor\tmanage\tthe\tcompliance,\tresidual\tvalue,\tfinancing\tand\tcredit\trisks\trelated\tto,\tour\tvarious\nfinancing\tprograms.\nWe\toffer\tfinancing\tarrangements\tfor\tour\tvehicles\tin\tNorth\tAmerica,\tEurope\tand\tAsia\tprimarily\tourselves\tand\tthrough\tvarious\tfinancial\tinstitutions.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 20, "lines": { "from": 15, "to": 29 } } } }, { "pageContent": "We\talso\tcurrently\toffer\tvehicle\tfinancing\tarrangements\tdirectly\tthrough\tour\tlocal\tsubsidiaries\tin\tcertain\tmarkets.\tDepending\ton\tthe\tcountry,\tsuch\narrangements\tare\tavailable\tfor\tspecified\tmodels\tand\tmay\tinclude\toperating\tleases\tdirectly\twith\tus\tunder\twhich\twe\ttypically\treceive\tonly\ta\tvery\tsmall\nportion\tof\tthe\ttotal\tvehicle\tpurchase\tprice\tat\tthe\ttime\tof\tlease,\tfollowed\tby\ta\tstream\tof\tpayments\tover\tthe\tterm\tof\tthe\tlease.\tWe\thave\talso\toffered\tvarious\narrangements\tfor\tcustomers\tof\tour\tsolar\tenergy\tsystems\twhereby\tthey\tpay\tus\ta\tfixed\tpayment\tto\tlease\tor\tfinance\tthe\tpurchase\tof\tsuch\tsystems\tor\npurchase\telectricity\tgenerated\tby\tthem.\tIf\twe\tdo\tnot\tsuccessfully\tmonitor\tand\tcomply\twith\tapplicable\tnational,\tstate\tand/or\tlocal\tfinancial\tregulations\tand\nconsumer\tprotection\tlaws\tgoverning\tthese\ttransactions,\twe\tmay\tbecome\tsubject\tto\tenforcement\tactions\tor\tpenalties.\nThe\tprofitability\tof\tany\tdirectly-leased\tvehicles\treturned\tto\tus\tat\tthe\tend\tof\ttheir\tleases\tdepends\ton\tour\tability\tto\taccurately\tproject\tour\tvehicles’\nresidual\tvalues\tat\tthe\toutset\tof\tthe\tleases,\tand\tsuch\tvalues\tmay\tfluctuate\tprior\tto\tthe\tend\tof\ttheir\tterms\tdepending\ton\tvarious\tfactors\tsuch\tas\tsupply\tand\ndemand\tof\tour\tused\tvehicles,\teconomic\tcycles\tand\tthe\tpricing\tof\tnew\tvehicles.\tWe\thave\tmade\tin\tthe\tpast\tand\tmay\tmake\tin\tthe\tfuture\tcertain\tadjustments\nto\tour\tprices\tfrom\ttime\tto\ttime\tin\tthe\tordinary\tcourse\tof\tbusiness,\twhich\tmay\timpact\tthe\tresidual\tvalues\tof\tour\tvehicles\tand\treduce\tthe\tprofitability\tof\tour\nvehicle\tleasing\tprogram.\tThe\tfunding\tand\tgrowth\tof\tthis\tprogram\talso\trely\ton\tour\tability\tto\tsecure\tadequate\tfinancing\tand/or\tbusiness\tpartners.\tIf\twe\tare\nunable\tto\tadequately\tfund\tour\tleasing\tprogram\tthrough\tinternal\tfunds,\tpartners\tor\tother\tfinancing\tsources,\tand\tcompelling\talternative\tfinancing\tprograms\nare\tnot\tavailable\tfor\tour\tcustomers\twho\tmay\texpect\tor\tneed\tsuch\toptions,\twe\tmay\tbe\tunable\tto\tgrow\tour\tvehicle\tdeliveries.\tFurthermore,\tif\tour\tvehicle", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 20, "lines": { "from": 30, "to": 42 } } } }, { "pageContent": "leasing\tbusiness\tgrows\tsubstantially,\tour\tbusiness\tmay\tsuffer\tif\twe\tcannot\teffectively\tmanage\tthe\tresulting\tgreater\tlevels\tof\tresidual\trisk.\n19", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 20, "lines": { "from": 43, "to": 44 } } } }, { "pageContent": "Table\tof\tContents\nSimilarly,\twe\thave\tprovided\tresale\tvalue\tguarantees\tto\tvehicle\tcustomers\tand\tpartners\tfor\tcertain\tfinancing\tprograms,\tunder\twhich\tsuch\ncounterparties\tmay\tsell\ttheir\tvehicles\tback\tto\tus\tat\tcertain\tpoints\tin\ttime\tat\tpre-determined\tamounts.\tHowever,\tactual\tresale\tvalues\tare\tsubject\tto\nfluctuations\tover\tthe\tterm\tof\tthe\tfinancing\tarrangements,\tsuch\tas\tfrom\tthe\tvehicle\tpricing\tchanges\tdiscussed\tabove.\tIf\tthe\tactual\tresale\tvalues\tof\tany\nvehicles\tresold\tor\treturned\tto\tus\tpursuant\tto\tthese\tprograms\tare\tmaterially\tlower\tthan\tthe\tpre-determined\tamounts\twe\thave\toffered,\tour\tfinancial\ncondition\tand\toperating\tresults\tmay\tbe\tharmed.\nFinally,\tour\tvehicle\tand\tsolar\tenergy\tsystem\tfinancing\tprograms\tand\tour\tenergy\tstorage\tsales\tprograms\talso\texpose\tus\tto\tcustomer\tcredit\trisk.\tIn\nthe\tevent\tof\ta\twidespread\teconomic\tdownturn\tor\tother\tcatastrophic\tevent,\tour\tcustomers\tmay\tbe\tunable\tor\tunwilling\tto\tsatisfy\ttheir\tpayment\tobligations\nto\tus\ton\ta\ttimely\tbasis\tor\tat\tall.\tIf\ta\tsignificant\tnumber\tof\tour\tcustomers\tdefault,\twe\tmay\tincur\tsubstantial\tcredit\tlosses\tand/or\timpairment\tcharges\twith\nrespect\tto\tthe\tunderlying\tassets.\nWe\tmust\tmanage\tongoing\tobligations\tunder\tour\tagreement\twith\tthe\tResearch\tFoundation\tfor\tthe\tState\tUniversity\tof\tNew\tYork\nrelating\tto\tour\tGigafactory\tNew\tYork.\nWe\tare\tparty\tto\tan\toperating\tlease\tand\ta\tresearch\tand\tdevelopment\tagreement\tthrough\tthe\tState\tUniversity\tof\tNew\tYork\t(the\t“SUNY\tFoundation”).\nThese\tagreements\tprovide\tfor\tthe\tconstruction\tand\tuse\tof\tour\tGigafactory\tNew\tYork,\twhich\twe\thave\tprimarily\tused\tfor\tthe\tdevelopment\tand\tproduction\tof\nour\tSolar\tRoof\tand\tother\tsolar\tproducts\tand\tcomponents,\tenergy\tstorage\tcomponents\tand\tSupercharger\tcomponents,\tand\tfor\tother\tlessor-approved\nfunctions.\tUnder\tthis\tagreement,\twe\tare\tobligated\tto,\tamong\tother\tthings,\tmeet\temployment\ttargets\tas\twell\tas\tspecified\tminimum\tnumbers\tof\tpersonnel", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 21, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "in\tthe\tState\tof\tNew\tYork\tand\tin\tBuffalo,\tNew\tYork\tand\tspend\tor\tincur\t$5.00\tbillion\tin\tcombined\tcapital,\toperational\texpenses,\tcosts\tof\tgoods\tsold\tand\nother\tcosts\tin\tthe\tState\tof\tNew\tYork\tduring\ta\tperiod\tthat\twas\tinitially\t10\tyears\tbeginning\tApril\t30,\t2018.\tAs\tof\tDecember\t31,\t2023,\twe\tare\tcurrently\tin\nexcess\tof\tsuch\ttargets\trelating\tto\tinvestments\tand\tpersonnel\tin\tthe\tState\tof\tNew\tYork\tand\tBuffalo.\tWhile\twe\texpect\tto\thave\tand\tgrow\tsignificant\noperations\tat\tGigafactory\tNew\tYork\tand\tthe\tsurrounding\tBuffalo\tarea,\tany\tfailure\tby\tus\tin\tany\tyear\tover\tthe\tcourse\tof\tthe\tterm\tof\tthe\tagreement\tto\tmeet\nall\tapplicable\tfuture\tobligations\tmay\tresult\tin\tour\tobligation\tto\tpay\ta\t“program\tpayment”\tof\t$41\tmillion\tto\tthe\tSUNY\tFoundation\tfor\tsuch\tyear,\tthe\ntermination\tof\tour\tlease\tat\tGigafactory\tNew\tYork\twhich\tmay\trequire\tus\tto\tpay\tadditional\tpenalties,\tand/or\tthe\tneed\tto\tadjust\tcertain\tof\tour\toperations.\nAny\tof\tthe\tforegoing\tevents\tmay\tharm\tour\tbusiness,\tfinancial\tcondition\tand\toperating\tresults.\nIf\twe\tare\tunable\tto\tattract,\thire\tand\tretain\tkey\temployees\tand\tqualified\tpersonnel,\tour\tability\tto\tcompete\tmay\tbe\tharmed.\nThe\tloss\tof\tthe\tservices\tof\tany\tof\tour\tkey\temployees\tor\tany\tsignificant\tportion\tof\tour\tworkforce\tcould\tdisrupt\tour\toperations\tor\tdelay\tthe\ndevelopment,\tintroduction\tand\tramp\tof\tour\tproducts\tand\tservices.\tIn\tparticular,\twe\tare\thighly\tdependent\ton\tthe\tservices\tof\tElon\tMusk,\tTechnoking\tof\nTesla\tand\tour\tChief\tExecutive\tOfficer.\tNone\tof\tour\tkey\temployees\tis\tbound\tby\tan\temployment\tagreement\tfor\tany\tspecific\tterm\tand\twe\tmay\tnot\tbe\table\tto\nsuccessfully\tattract\tand\tretain\tsenior\tleadership\tnecessary\tto\tgrow\tour\tbusiness.\tOur\tfuture\tsuccess\talso\tdepends\tupon\tour\tability\tto\tattract,\thire\tand\nretain\ta\tlarge\tnumber\tof\tengineering,\tmanufacturing,\tmarketing,\tsales\tand\tdelivery,\tservice,\tinstallation,\ttechnology\tand\tsupport\tpersonnel,\tespecially\tto", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 21, "lines": { "from": 17, "to": 29 } } } }, { "pageContent": "support\tour\tplanned\thigh-volume\tproduct\tsales,\tmarket\tand\tgeographical\texpansion\tand\ttechnological\tinnovations.\tIf\twe\tare\tnot\tsuccessful\tin\tmanaging\nthese\trisks,\tour\tbusiness,\tfinancial\tcondition\tand\toperating\tresults\tmay\tbe\tharmed.\nEmployees\tmay\tleave\tTesla\tor\tchoose\tother\temployers\tover\tTesla\tdue\tto\tvarious\tfactors,\tsuch\tas\ta\tvery\tcompetitive\tlabor\tmarket\tfor\ttalented\nindividuals\twith\tautomotive\tor\ttechnology\texperience,\tor\tany\tnegative\tpublicity\trelated\tto\tus.\tIn\tregions\twhere\twe\thave\tor\twill\thave\toperations,\nparticularly\tsignificant\tengineering\tand\tmanufacturing\tcenters,\tthere\tis\tstrong\tcompetition\tfor\tindividuals\twith\tskillsets\tneeded\tfor\tour\tbusiness,\tincluding\nspecialized\tknowledge\tof\telectric\tvehicles,\tengineering\tand\telectrical\tand\tbuilding\tconstruction\texpertise.\tWe\talso\tcompete\twith\tboth\tmature\tand\nprosperous\tcompanies\tthat\thave\tfar\tgreater\tfinancial\tresources\tthan\twe\tdo\tand\tstart-ups\tand\temerging\tcompanies\tthat\tpromise\tshort-term\tgrowth\nopportunities.\nFinally,\tour\tcompensation\tphilosophy\tfor\tall\tof\tour\tpersonnel\treflects\tour\tstartup\torigins,\twith\tan\temphasis\ton\tequity-based\tawards\tand\tbenefits\tin\norder\tto\tclosely\talign\ttheir\tincentives\twith\tthe\tlong-term\tinterests\tof\tour\tstockholders.\tWe\tperiodically\tseek\tand\tobtain\tapproval\tfrom\tour\tstockholders\tfor\nfuture\tincreases\tto\tthe\tnumber\tof\tawards\tavailable\tunder\tour\tequity\tincentive\tand\temployee\tstock\tpurchase\tplans.\tIf\twe\tare\tunable\tto\tobtain\tthe\trequisite\nstockholder\tapprovals\tfor\tsuch\tfuture\tincreases,\twe\tmay\thave\tto\texpend\tadditional\tcash\tto\tcompensate\tour\temployees\tand\tour\tability\tto\tretain\tand\thire\nqualified\tpersonnel\tmay\tbe\tharmed.\n20", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 21, "lines": { "from": 30, "to": 43 } } } }, { "pageContent": "Table\tof\tContents\nWe\tare\thighly\tdependent\ton\tthe\tservices\tof\tElon\tMusk,\tTechnoking\tof\tTesla\tand\tour\tChief\tExecutive\tOfficer.\nWe\tare\thighly\tdependent\ton\tthe\tservices\tof\tElon\tMusk,\tTechnoking\tof\tTesla\tand\tour\tChief\tExecutive\tOfficer.\tAlthough\tMr.\tMusk\tspends\tsignificant\ntime\twith\tTesla\tand\tis\thighly\tactive\tin\tour\tmanagement,\the\tdoes\tnot\tdevote\this\tfull\ttime\tand\tattention\tto\tTesla.\tMr.\tMusk\talso\tcurrently\tserves\tas\tChief\nExecutive\tOfficer\tand\tChief\tTechnical\tOfficer\tof\tSpace\tExploration\tTechnologies\tCorp.,\ta\tdeveloper\tand\tmanufacturer\tof\tspace\tlaunch\tvehicles,\tChairman\nand\tChief\tTechnical\tOfficer\tof\tX\tCorp.,\ta\tsocial\tmedia\tcompany,\tand\tis\tinvolved\tin\tother\temerging\ttechnology\tventures.\nOur\tinformation\ttechnology\tsystems\tor\tdata,\tor\tthose\tof\tour\tservice\tproviders\tor\tcustomers\tor\tusers\tcould\tbe\tsubject\tto\tcyber-\nattacks\tor\tother\tsecurity\tincidents,\twhich\tcould\tresult\tin\tdata\tbreaches,\tintellectual\tproperty\ttheft,\tclaims,\tlitigation,\tregulatory\ninvestigations,\tsignificant\tliability,\treputational\tdamage\tand\tother\tadverse\tconsequences.\nWe\tcontinue\tto\texpand\tour\tinformation\ttechnology\tsystems\tas\tour\toperations\tgrow,\tsuch\tas\tproduct\tdata\tmanagement,\tprocurement,\tinventory\nmanagement,\tproduction\tplanning\tand\texecution,\tsales,\tservice\tand\tlogistics,\tdealer\tmanagement,\tfinancial,\ttax\tand\tregulatory\tcompliance\tsystems.\tThis\nincludes\tthe\timplementation\tof\tnew\tinternally\tdeveloped\tsystems\tand\tthe\tdeployment\tof\tsuch\tsystems\tin\tthe\tU.S.\tand\tabroad.\tWhile,\twe\tmaintain\ninformation\ttechnology\tmeasures\tdesigned\tto\tprotect\tus\tagainst\tintellectual\tproperty\ttheft,\tdata\tbreaches,\tsabotage\tand\tother\texternal\tor\tinternal\tcyber-\nattacks\tor\tmisappropriation,\tour\tsystems\tand\tthose\tof\tour\tservice\tproviders\tare\tpotentially\tvulnerable\tto\tmalware,\transomware,\tviruses,\tdenial-of-service\nattacks,\tphishing\tattacks,\tsocial\tengineering,\tcomputer\thacking,\tunauthorized\taccess,\texploitation\tof\tbugs,\tdefects\tand\tvulnerabilities,\tbreakdowns,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 22, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "damage,\tinterruptions,\tsystem\tmalfunctions,\tpower\toutages,\tterrorism,\tacts\tof\tvandalism,\tsecurity\tbreaches,\tsecurity\tincidents,\tinadvertent\tor\tintentional\nactions\tby\temployees\tor\tother\tthird\tparties,\tand\tother\tcyber-attacks.\nTo\tthe\textent\tany\tsecurity\tincident\tresults\tin\tunauthorized\taccess\tor\tdamage\tto\tor\tacquisition,\tuse,\tcorruption,\tloss,\tdestruction,\talteration\tor\ndissemination\tof\tour\tdata,\tincluding\tintellectual\tproperty\tand\tpersonal\tinformation,\tor\tour\tproducts\tor\tvehicles,\tor\tfor\tit\tto\tbe\tbelieved\tor\treported\tthat\tany\nof\tthese\toccurred,\tit\tcould\tdisrupt\tour\tbusiness,\tharm\tour\treputation,\tcompel\tus\tto\tcomply\twith\tapplicable\tdata\tbreach\tnotification\tlaws,\tsubject\tus\tto\ttime\nconsuming,\tdistracting\tand\texpensive\tlitigation,\tregulatory\tinvestigation\tand\toversight,\tmandatory\tcorrective\taction,\trequire\tus\tto\tverify\tthe\tcorrectness\nof\tdatabase\tcontents,\tor\totherwise\tsubject\tus\tto\tliability\tunder\tlaws,\tregulations\tand\tcontractual\tobligations,\tincluding\tthose\tthat\tprotect\tthe\tprivacy\tand\nsecurity\tof\tpersonal\tinformation.\tThis\tcould\tresult\tin\tincreased\tcosts\tto\tus\tand\tresult\tin\tsignificant\tlegal\tand\tfinancial\texposure\tand/or\treputational\tharm.\nWe\talso\trely\ton\tservice\tproviders,\tand\tsimilar\tincidents\trelating\tto\ttheir\tinformation\ttechnology\tsystems\tcould\talso\thave\ta\tmaterial\tadverse\teffect\ton\nour\tbusiness.\tThere\thave\tbeen\tand\tmay\tcontinue\tto\tbe\tsignificant\tsupply\tchain\tattacks.\tOur\tservice\tproviders,\tincluding\tour\tworkforce\tmanagement\nsoftware\tprovider,\thave\tbeen\tsubject\tto\transomware\tand\tother\tsecurity\tincidents,\tand\twe\tcannot\tguarantee\tthat\tour\tor\tour\tservice\tproviders’\tsystems\nhave\tnot\tbeen\tbreached\tor\tthat\tthey\tdo\tnot\tcontain\texploitable\tdefects,\tbugs,\tor\tvulnerabilities\tthat\tcould\tresult\tin\ta\tsecurity\tincident,\tor\tother\tdisruption\nto,\tour\tor\tour\tservice\tproviders’\tsystems.\tOur\tability\tto\tmonitor\tour\tservice\tproviders’\tsecurity\tmeasures\tis\tlimited,\tand,\tin\tany\tevent,\tmalicious\tthird\nparties\tmay\tbe\table\tto\tcircumvent\tthose\tsecurity\tmeasures.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 22, "lines": { "from": 16, "to": 29 } } } }, { "pageContent": "Further,\tthe\timplementation,\tmaintenance,\tsegregation\tand\timprovement\tof\tthese\tsystems\trequire\tsignificant\tmanagement\ttime,\tsupport\tand\tcost,\nand\tthere\tare\tinherent\trisks\tassociated\twith\tdeveloping,\timproving\tand\texpanding\tour\tcore\tsystems\tas\twell\tas\timplementing\tnew\tsystems\tand\tupdating\ncurrent\tsystems,\tincluding\tdisruptions\tto\tthe\trelated\tareas\tof\tbusiness\toperation.\tThese\trisks\tmay\taffect\tour\tability\tto\tmanage\tour\tdata\tand\tinventory,\nprocure\tparts\tor\tsupplies\tor\tmanufacture,\tsell,\tdeliver\tand\tservice\tproducts,\tadequately\tprotect\tour\tintellectual\tproperty\tor\tachieve\tand\tmaintain\ncompliance\twith,\tor\trealize\tavailable\tbenefits\tunder,\ttax\tlaws\tand\tother\tapplicable\tregulations.\nMoreover,\tif\twe\tdo\tnot\tsuccessfully\timplement,\tmaintain\tor\texpand\tthese\tsystems\tas\tplanned,\tour\toperations\tmay\tbe\tdisrupted,\tour\tability\tto\naccurately\tand/or\ttimely\treport\tour\tfinancial\tresults\tcould\tbe\timpaired\tand\tdeficiencies\tmay\tarise\tin\tour\tinternal\tcontrol\tover\tfinancial\treporting,\twhich\nmay\timpact\tour\tability\tto\tcertify\tour\tfinancial\tresults.\tMoreover,\tour\tproprietary\tinformation,\tincluding\tintellectual\tproperty\tand\tpersonal\tinformation,\ncould\tbe\tcompromised\tor\tmisappropriated\tand\tour\treputation\tmay\tbe\tadversely\taffected.\tIf\tthese\tsystems\tor\ttheir\tfunctionality\tdo\tnot\toperate\tas\twe\nexpect\tthem\tto,\twe\tmay\tbe\trequired\tto\texpend\tsignificant\tresources\tto\tmake\tcorrections\tor\tfind\talternative\tsources\tfor\tperforming\tthese\tfunctions.\n21", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 22, "lines": { "from": 30, "to": 40 } } } }, { "pageContent": "Table\tof\tContents\nAny\tunauthorized\tcontrol\tor\tmanipulation\tof\tour\tproducts’\tsystems\tcould\tresult\tin\tloss\tof\tconfidence\tin\tus\tand\tour\tproducts.\nOur\tproducts\tcontain\tcomplex\tinformation\ttechnology\tsystems.\tFor\texample,\tour\tvehicles\tand\tenergy\tstorage\tproducts\tare\tdesigned\twith\tbuilt-in\ndata\tconnectivity\tto\taccept\tand\tinstall\tperiodic\tremote\tupdates\tfrom\tus\tto\timprove\tor\tupdate\ttheir\tfunctionality.\tWhile\twe\thave\timplemented\tsecurity\nmeasures\tintended\tto\tprevent\tunauthorized\taccess\tto\tour\tinformation\ttechnology\tnetworks,\tour\tproducts\tand\ttheir\tsystems,\tmalicious\tentities\thave\nreportedly\tattempted,\tand\tmay\tattempt\tin\tthe\tfuture,\tto\tgain\tunauthorized\taccess\tto\tmodify,\talter\tand\tuse\tsuch\tnetworks,\tproducts\tand\tsystems\tto\tgain\ncontrol\tof,\tor\tto\tchange,\tour\tproducts’\tfunctionality,\tuser\tinterface\tand\tperformance\tcharacteristics\tor\tto\tgain\taccess\tto\tdata\tstored\tin\tor\tgenerated\tby\tour\nproducts.\tWe\tencourage\treporting\tof\tpotential\tvulnerabilities\tin\tthe\tsecurity\tof\tour\tproducts\tthrough\tour\tsecurity\tvulnerability\treporting\tpolicy,\tand\twe\naim\tto\tremedy\tany\treported\tand\tverified\tvulnerability.\tHowever,\tthere\tcan\tbe\tno\tassurance\tthat\tany\tvulnerabilities\twill\tnot\tbe\texploited\tbefore\tthey\tcan\nbe\tidentified,\tor\tthat\tour\tremediation\tefforts\tare\tor\twill\tbe\tsuccessful.\nAny\tunauthorized\taccess\tto\tor\tcontrol\tof\tour\tproducts\tor\ttheir\tsystems\tor\tany\tloss\tof\tdata\tcould\tresult\tin\tlegal\tclaims\tor\tgovernment\tinvestigations.\nIn\taddition,\tregardless\tof\ttheir\tveracity,\treports\tof\tunauthorized\taccess\tto\tour\tproducts,\ttheir\tsystems\tor\tdata,\tas\twell\tas\tother\tfactors\tthat\tmay\tresult\tin\nthe\tperception\tthat\tour\tproducts,\ttheir\tsystems\tor\tdata\tare\tcapable\tof\tbeing\thacked,\tmay\tharm\tour\tbrand,\tprospects\tand\toperating\tresults.\tWe\thave\tbeen\nthe\tsubject\tof\tsuch\treports\tin\tthe\tpast.\nOur\tbusiness\tmay\tbe\tadversely\taffected\tby\tany\tdisruptions\tcaused\tby\tunion\tactivities.\nIt\tis\tnot\tuncommon\tfor\temployees\tof\tcertain\ttrades\tat\tcompanies\tsuch\tas\tours\tto\tbelong\tto\ta\tunion,\twhich\tcan\tresult\tin\thigher\temployee\tcosts\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 23, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "increased\trisk\tof\twork\tstoppages.\tMoreover,\tregulations\tin\tsome\tjurisdictions\toutside\tof\tthe\tU.S.\tmandate\temployee\tparticipation\tin\tindustrial\tcollective\nbargaining\tagreements\tand\twork\tcouncils\twith\tcertain\tconsultation\trights\twith\trespect\tto\tthe\trelevant\tcompanies’\toperations.\tAlthough\twe\twork\tdiligently\nto\tprovide\tthe\tbest\tpossible\twork\tenvironment\tfor\tour\temployees,\tthey\tmay\tstill\tdecide\tto\tjoin\tor\tseek\trecognition\tto\tform\ta\tlabor\tunion,\tor\twe\tmay\tbe\nrequired\tto\tbecome\ta\tunion\tsignatory.\tFrom\ttime\tto\ttime,\tlabor\tunions\thave\tengaged\tin\tcampaigns\tto\torganize\tcertain\tof\tour\toperations,\tas\tpart\tof\twhich\nsuch\tunions\thave\tfiled\tunfair\tlabor\tpractice\tcharges\tagainst\tus\twith\tthe\tNational\tLabor\tRelations\tBoard\t(the\t“NLRB”),\tand\tthey\tmay\tdo\tso\tin\tthe\tfuture.\nAny\tunfavorable\tultimate\toutcome\tfor\tTesla\tmay\thave\ta\tnegative\timpact\ton\tthe\tperception\tof\tTesla’s\ttreatment\tof\tour\temployees.\tFurthermore,\twe\tare\ndirectly\tor\tindirectly\tdependent\tupon\tcompanies\twith\tunionized\twork\tforces,\tsuch\tas\tsuppliers\tand\ttrucking\tand\tfreight\tcompanies.\tAny\twork\tstoppages\tor\nstrikes\torganized\tby\tsuch\tunions\tcould\tdelay\tthe\tmanufacture\tand\tsale\tof\tour\tproducts\tand\tmay\tharm\tour\tbusiness\tand\toperating\tresults.\nWe\tmay\tchoose\tto\tor\tbe\tcompelled\tto\tundertake\tproduct\trecalls\tor\ttake\tother\tsimilar\tactions.\nAs\ta\tmanufacturing\tcompany,\twe\tmust\tmanage\tthe\trisk\tof\tproduct\trecalls\twith\trespect\tto\tour\tproducts.\tRecalls\tfor\tour\tvehicles\thave\tresulted\tfrom\nvarious\thardware\tand\tsoftware-related\tsafety\tconcerns\tor\tnon-compliance\tdeterminations.\tIn\taddition\tto\trecalls\tinitiated\tby\tus\tfor\tvarious\tcauses,\ttesting\nof\tor\tinvestigations\tinto\tour\tproducts\tby\tgovernment\tregulators\tor\tindustry\tgroups\tmay\tcompel\tus\tto\tinitiate\tproduct\trecalls\tor\tmay\tresult\tin\tnegative\npublic\tperceptions\tabout\tthe\tsafety\tof\tour\tproducts,\teven\tif\twe\tdisagree\twith\tthe\tdefect\tdetermination\tor\thave\tdata\tthat\tcontradicts\tit.\tIn\tthe\tfuture,\twe", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 23, "lines": { "from": 17, "to": 29 } } } }, { "pageContent": "may\tvoluntarily\tor\tinvoluntarily\tinitiate\trecalls\tif\tany\tof\tour\tproducts\tare\tdetermined\tby\tus\tor\ta\tregulator\tto\tcontain\ta\tsafety\tdefect\tor\tbe\tnoncompliant\nwith\tapplicable\tlaws\tand\tregulations,\tsuch\tas\tU.S.\tFederal\tMotor\tVehicle\tSafety\tStandards.\tSuch\trecalls,\twhether\tvoluntary\tor\tinvoluntary\tor\tcaused\tby\nsystems\tor\tcomponents\tengineered\tor\tmanufactured\tby\tus\tor\tour\tsuppliers,\tcould\tresult\tin\tsignificant\texpense,\tsupply\tchain\tcomplications\tand\tservice\nburdens,\tand\tmay\tharm\tour\tbrand,\tbusiness,\tprospects,\tfinancial\tcondition\tand\toperating\tresults.\nOur\tcurrent\tand\tfuture\twarranty\treserves\tmay\tbe\tinsufficient\tto\tcover\tfuture\twarranty\tclaims.\nWe\tprovide\ta\tmanufacturer’s\twarranty\ton\tall\tnew\tand\tused\tTesla\tvehicles\twe\tsell\tdirectly\tto\tcustomers.\tWe\talso\tprovide\tcertain\twarranties\twith\nrespect\tto\tthe\tenergy\tgeneration\tand\tstorage\tsystems\twe\tsell,\tincluding\ton\ttheir\tinstallation\tand\tmaintenance.\tFor\tcomponents\tnot\tmanufactured\tby\tus,\nwe\tgenerally\tpass\tthrough\tto\tour\tcustomers\tthe\tapplicable\tmanufacturers’\twarranties,\tbut\tmay\tretain\tsome\twarranty\tresponsibilities\tfor\tsome\tor\tall\tof\tthe\nlife\tof\tsuch\tcomponents.\tAs\tpart\tof\tour\tenergy\tgeneration\tand\tstorage\tsystem\tcontracts,\twe\tmay\tprovide\tthe\tcustomer\twith\tperformance\tguarantees\tthat\nguarantee\tthat\tthe\tunderlying\tsystem\twill\tmeet\tor\texceed\tthe\tminimum\tenergy\tgeneration\tor\tother\tenergy\tperformance\trequirements\tspecified\tin\tthe\ncontract.\tUnder\tthese\tperformance\tguarantees,\twe\tgenerally\tbear\tthe\trisk\tof\telectricity\tproduction\tor\tother\tperformance\tshortfalls,\tincluding\tin\tsome\ncases\tshortfalls\tcaused\tby\tfailures\tin\tcomponents\tfrom\tthird\tparty\tmanufacturers.\tThese\trisks\tare\texacerbated\tin\tthe\tevent\tsuch\tmanufacturers\tcease\noperations\tor\tfail\tto\thonor\ttheir\twarranties.\n22", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 23, "lines": { "from": 30, "to": 43 } } } }, { "pageContent": "Table\tof\tContents\nIf\tour\twarranty\treserves\tare\tinadequate\tto\tcover\tfuture\twarranty\tclaims\ton\tour\tproducts,\tour\tfinancial\tcondition\tand\toperating\tresults\tmay\tbe\nharmed.\tWarranty\treserves\tinclude\tour\tmanagement’s\tbest\testimates\tof\tthe\tprojected\tcosts\tto\trepair\tor\tto\treplace\titems\tunder\twarranty,\twhich\tare\tbased\non\tactual\tclaims\tincurred\tto\tdate\tand\tan\testimate\tof\tthe\tnature,\tfrequency\tand\tcosts\tof\tfuture\tclaims.\tSuch\testimates\tare\tinherently\tuncertain\tand\nchanges\tto\tour\thistorical\tor\tprojected\texperience,\tespecially\twith\trespect\tto\tproducts\tthat\twe\thave\tintroduced\trelatively\trecently\tand/or\tthat\twe\texpect\tto\nproduce\tat\tsignificantly\tgreater\tvolumes\tthan\tour\tpast\tproducts,\tmay\tcause\tmaterial\tchanges\tto\tour\twarranty\treserves\tin\tthe\tfuture.\nOur\tinsurance\tcoverage\tstrategy\tmay\tnot\tbe\tadequate\tto\tprotect\tus\tfrom\tall\tbusiness\trisks.\nWe\tmay\tbe\tsubject,\tin\tthe\tordinary\tcourse\tof\tbusiness,\tto\tlosses\tresulting\tfrom\tproducts\tliability,\taccidents,\tacts\tof\tGod\tand\tother\tclaims\tagainst\tus,\nfor\twhich\twe\tmay\thave\tno\tinsurance\tcoverage.\tAs\ta\tgeneral\tmatter,\twe\tdo\tnot\tmaintain\tas\tmuch\tinsurance\tcoverage\tas\tmany\tother\tcompanies\tdo,\tand\tin\nsome\tcases,\twe\tdo\tnot\tmaintain\tany\tat\tall.\tAdditionally,\tthe\tpolicies\tthat\twe\tdo\thave\tmay\tinclude\tsignificant\tdeductibles\tor\tself-insured\tretentions,\tpolicy\nlimitations\tand\texclusions,\tand\twe\tcannot\tbe\tcertain\tthat\tour\tinsurance\tcoverage\twill\tbe\tsufficient\tto\tcover\tall\tfuture\tlosses\tor\tclaims\tagainst\tus.\tA\tloss\nthat\tis\tuninsured\tor\twhich\texceeds\tpolicy\tlimits\tmay\trequire\tus\tto\tpay\tsubstantial\tamounts,\twhich\tmay\tharm\tour\tfinancial\tcondition\tand\toperating\tresults.\nOur\tdebt\tagreements\tcontain\tcovenant\trestrictions\tthat\tmay\tlimit\tour\tability\tto\toperate\tour\tbusiness.\nThe\tterms\tof\tcertain\tof\tour\tdebt\tfacilities\tcontain,\tand\tany\tof\tour\tother\tfuture\tdebt\tagreements\tmay\tcontain,\tcovenant\trestrictions\tthat\tmay\tlimit\tour", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 24, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "ability\tto\toperate\tour\tbusiness,\tincluding\trestrictions\ton\tour\tand/or\tour\tsubsidiaries’\tability\tto,\tamong\tother\tthings,\tincur\tadditional\tdebt\tor\tcreate\tliens.\tIn\naddition,\tunder\tcertain\tcircumstances\twe\tare\trequired\tto\tmaintain\ta\tcertain\tamount\tof\tliquidity.\tAs\ta\tresult\tof\tthese\tcovenants,\tour\tability\tto\trespond\tto\nchanges\tin\tbusiness\tand\teconomic\tconditions\tand\tengage\tin\tbeneficial\ttransactions,\tincluding\tto\tobtain\tadditional\tfinancing\tas\tneeded,\tmay\tbe\trestricted.\nFurthermore,\tour\tfailure\tto\tcomply\twith\tour\tdebt\tcovenants\tcould\tresult\tin\ta\tdefault\tunder\tour\tdebt\tagreements,\twhich\tcould\tpermit\tthe\tholders\tto\naccelerate\tour\tobligation\tto\trepay\tthe\tdebt.\tIf\tany\tof\tour\tdebt\tis\taccelerated,\twe\tmay\tnot\thave\tsufficient\tfunds\tavailable\tto\trepay\tit.\nAdditional\tfunds\tmay\tnot\tbe\tavailable\tto\tus\twhen\twe\tneed\tor\twant\tthem.\nOur\tbusiness\tand\tour\tfuture\tplans\tfor\texpansion\tare\tcapital-intensive,\tand\tthe\tspecific\ttiming\tof\tcash\tinflows\tand\toutflows\tmay\tfluctuate\nsubstantially\tfrom\tperiod\tto\tperiod.\tWe\tmay\tneed\tor\twant\tto\traise\tadditional\tfunds\tthrough\tthe\tissuance\tof\tequity,\tequity-related\tor\tdebt\tsecurities\tor\nthrough\tobtaining\tcredit\tfrom\tfinancial\tinstitutions\tto\tfund,\ttogether\twith\tour\tprincipal\tsources\tof\tliquidity,\tthe\tcosts\tof\tdeveloping\tand\tmanufacturing\tour\ncurrent\tor\tfuture\tproducts,\tto\tpay\tany\tsignificant\tunplanned\tor\taccelerated\texpenses\tor\tfor\tnew\tsignificant\tstrategic\tinvestments,\tor\tto\trefinance\tour\nsignificant\tconsolidated\tindebtedness,\teven\tif\tnot\trequired\tto\tdo\tso\tby\tthe\tterms\tof\tsuch\tindebtedness.\tWe\tcannot\tbe\tcertain\tthat\tadditional\tfunds\twill\tbe\navailable\tto\tus\ton\tfavorable\tterms\twhen\trequired,\tor\tat\tall.\tIf\twe\tcannot\traise\tadditional\tfunds\twhen\twe\tneed\tthem,\tour\tfinancial\tcondition,\tresults\tof\noperations,\tbusiness\tand\tprospects\tcould\tbe\tmaterially\tand\tadversely\taffected.\nWe\tmay\tbe\tnegatively\timpacted\tby\tany\tearly\tobsolescence\tof\tour\tmanufacturing\tequipment.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 24, "lines": { "from": 15, "to": 28 } } } }, { "pageContent": "We\tdepreciate\tthe\tcost\tof\tour\tmanufacturing\tequipment\tover\ttheir\texpected\tuseful\tlives.\tHowever,\tproduct\tcycles\tor\tmanufacturing\ttechnology\tmay\nchange\tperiodically,\tand\twe\tmay\tdecide\tto\tupdate\tour\tproducts\tor\tmanufacturing\tprocesses\tmore\tquickly\tthan\texpected.\tMoreover,\timprovements\tin\nengineering\tand\tmanufacturing\texpertise\tand\tefficiency\tmay\tresult\tin\tour\tability\tto\tmanufacture\tour\tproducts\tusing\tless\tof\tour\tcurrently\tinstalled\nequipment.\tAlternatively,\tas\twe\tramp\tand\tmature\tthe\tproduction\tof\tour\tproducts\tto\thigher\tlevels,\twe\tmay\tdiscontinue\tthe\tuse\tof\talready\tinstalled\nequipment\tin\tfavor\tof\tdifferent\tor\tadditional\tequipment.\tThe\tuseful\tlife\tof\tany\tequipment\tthat\twould\tbe\tretired\tearly\tas\ta\tresult\twould\tbe\tshortened,\ncausing\tthe\tdepreciation\ton\tsuch\tequipment\tto\tbe\taccelerated,\tand\tour\tresults\tof\toperations\tmay\tbe\tharmed.\nThere\tis\tno\tguarantee\tthat\twe\twill\thave\tsufficient\tcash\tflow\tfrom\tour\tbusiness\tto\tpay\tour\tindebtedness\tor\tthat\twe\twill\tnot\tincur\nadditional\tindebtedness.\nAs\tof\tDecember\t31,\t2023,\twe\tand\tour\tsubsidiaries\thad\toutstanding\t$4.68\tbillion\tin\taggregate\tprincipal\tamount\tof\tindebtedness\t(see\tNote\t11,\tDebt,\nto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K).\tOur\tconsolidated\tindebtedness\tmay\tincrease\tour\nvulnerability\tto\tany\tgenerally\tadverse\teconomic\tand\tindustry\tconditions.\tWe\tand\tour\tsubsidiaries\tmay,\tsubject\tto\tthe\tlimitations\tin\tthe\tterms\tof\tour\nexisting\tand\tfuture\tindebtedness,\tincur\tadditional\tdebt,\tsecure\texisting\tor\tfuture\tdebt\tor\trecapitalize\tour\tdebt.\n23", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 24, "lines": { "from": 29, "to": 41 } } } }, { "pageContent": "Table\tof\tContents\nOur\tability\tto\tmake\tscheduled\tpayments\tof\tthe\tprincipal\tand\tinterest\ton\tour\tindebtedness\twhen\tdue,\tto\tmake\tpayments\tupon\tconversion\tor\nrepurchase\tdemands\twith\trespect\tto\tour\tconvertible\tsenior\tnotes\tor\tto\trefinance\tour\tindebtedness\tas\twe\tmay\tneed\tor\tdesire,\tdepends\ton\tour\tfuture\nperformance,\twhich\tis\tsubject\tto\teconomic,\tfinancial,\tcompetitive\tand\tother\tfactors\tbeyond\tour\tcontrol.\tOur\tbusiness\tmay\tnot\tcontinue\tto\tgenerate\tcash\nflow\tfrom\toperations\tin\tthe\tfuture\tsufficient\tto\tsatisfy\tour\tobligations\tunder\tour\texisting\tindebtedness\tand\tany\tfuture\tindebtedness\twe\tmay\tincur,\tand\tto\nmake\tnecessary\tcapital\texpenditures.\tIf\twe\tare\tunable\tto\tgenerate\tsuch\tcash\tflow,\twe\tmay\tbe\trequired\tto\tadopt\tone\tor\tmore\talternatives,\tsuch\tas\nreducing\tor\tdelaying\tinvestments\tor\tcapital\texpenditures,\tselling\tassets,\trefinancing\tor\tobtaining\tadditional\tequity\tcapital\ton\tterms\tthat\tmay\tbe\tonerous\nor\thighly\tdilutive.\tOur\tability\tto\trefinance\texisting\tor\tfuture\tindebtedness\twill\tdepend\ton\tthe\tcapital\tmarkets\tand\tour\tfinancial\tcondition\tat\tsuch\ttime.\tIn\naddition,\tour\tability\tto\tmake\tpayments\tmay\tbe\tlimited\tby\tlaw,\tby\tregulatory\tauthority\tor\tby\tagreements\tgoverning\tour\tfuture\tindebtedness.\tWe\tmay\tnot\nbe\table\tto\tengage\tin\tthese\tactivities\ton\tdesirable\tterms\tor\tat\tall,\twhich\tmay\tresult\tin\ta\tdefault\ton\tour\texisting\tor\tfuture\tindebtedness\tand\tharm\tour\nfinancial\tcondition\tand\toperating\tresults.\nWe\tare\texposed\tto\tfluctuations\tin\tcurrency\texchange\trates.\nWe\ttransact\tbusiness\tglobally\tin\tmultiple\tcurrencies\tand\thave\tforeign\tcurrency\trisks\trelated\tto\tour\trevenue,\tcosts\tof\trevenue,\toperating\texpenses\nand\tlocalized\tsubsidiary\tdebt\tdenominated\tin\tcurrencies\tother\tthan\tthe\tU.S.\tdollar.\tTo\tthe\textent\twe\thave\tsignificant\trevenues\tdenominated\tin\tsuch\nforeign\tcurrencies,\tany\tstrengthening\tof\tthe\tU.S.\tdollar\twould\ttend\tto\treduce\tour\trevenues\tas\tmeasured\tin\tU.S.\tdollars,\tas\twe\thave\thistorically", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 25, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "experienced,\tand\tare\tcurrently\texperiencing.\tIn\taddition,\ta\tportion\tof\tour\tcosts\tand\texpenses\thave\tbeen,\tand\twe\tanticipate\twill\tcontinue\tto\tbe,\ndenominated\tin\tforeign\tcurrencies.\tIf\twe\tdo\tnot\thave\tfully\toffsetting\trevenues\tin\tthese\tcurrencies\tand\tif\tthe\tvalue\tof\tthe\tU.S.\tdollar\tdepreciates\nsignificantly\tagainst\tthese\tcurrencies,\tour\tcosts\tas\tmeasured\tin\tU.S.\tdollars\tas\ta\tpercent\tof\tour\trevenues\twill\tcorrespondingly\tincrease\tand\tour\tmargins\nwill\tsuffer.\tAs\ta\tresult,\tour\toperating\tresults\tmay\tbe\tharmed.\nWe\tmay\tnot\tbe\table\tto\tadequately\tprotect\tor\tdefend\tourselves\tagainst\tintellectual\tproperty\tinfringement\tclaims,\twhich\tmay\tbe\ntime-consuming\tand\texpensive,\tor\taffect\tthe\tfreedom\tto\toperate\tour\tbusiness.\nOur\tcompetitors\tor\tother\tthird\tparties\tmay\thold\tor\tobtain\tpatents,\tcopyrights,\ttrademarks\tor\tother\tproprietary\trights\tthat\tcould\tprevent,\tlimit\tor\ninterfere\twith\tour\tability\tto\tmake,\tuse,\tdevelop,\tsell\tor\tmarket\tour\tproducts\tand\tservices,\twhich\tcould\tmake\tit\tmore\tdifficult\tfor\tus\tto\toperate\tour\tbusiness.\nFrom\ttime\tto\ttime,\tthe\tholders\tof\tsuch\tintellectual\tproperty\trights\tmay\tassert\ttheir\trights\tand\turge\tus\tto\ttake\tlicenses\tand/or\tmay\tbring\tsuits\talleging\ninfringement\tor\tmisappropriation\tof\tsuch\trights,\twhich\tcould\tresult\tin\tsubstantial\tcosts,\tnegative\tpublicity\tand\tmanagement\tattention,\tregardless\tof\tmerit.\nIn\taddition,\tthe\teffective\tprotection\tfor\tour\tbrands,\ttechnologies,\tand\tproprietary\tinformation\tmay\tbe\tlimited\tor\tunavailable\tin\tcertain\tcountries,\nmaking\tit\tdifficult\tto\tprotect\tour\tintellectual\tproperty\tfrom\tmisappropriation\tor\tinfringement.\tAlthough\twe\tmake\treasonable\tefforts\tto\tmaintain\tthe\nconfidentiality\tof\tour\tproprietary\tinformation,\twe\tcannot\tguarantee\tthat\tthese\tactions\twill\tdeter\tor\tprevent\tmisappropriation\tof\tour\tintellectual\tproperty.\nThe\ttheft\tor\tunauthorized\tuse\tor\tpublication\tof\tour\ttrade\tsecrets\tand\tconfidential\tinformation\tcould\taffect\tour\tcompetitive\tposition.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 25, "lines": { "from": 16, "to": 29 } } } }, { "pageContent": "While\twe\tendeavor\tto\tobtain\tand\tprotect\tthe\tintellectual\tproperty\trights\tthat\twe\texpect\twill\tallow\tus\tto\tretain\tor\tadvance\tour\tstrategic\tinitiatives\tin\nthese\tcircumstances,\tthere\tcan\tbe\tno\tassurance\tthat\twe\twill\tbe\table\tto\tadequately\tidentify\tand\tprotect\tthe\tportions\tof\tintellectual\tproperty\tthat\tare\nstrategic\tto\tour\tbusiness,\tor\tmitigate\tthe\trisk\tof\tpotential\tsuits\tor\tother\tlegal\tdemands\tby\tthird\tparties.\tAccordingly,\twe\tmay\tconsider\tthe\tentering\tinto\nlicensing\tagreements\twith\trespect\tto\tsuch\trights,\talthough\tno\tassurance\tcan\tbe\tgiven\tthat\tsuch\tlicenses\tcan\tbe\tobtained\ton\tacceptable\tterms\tor\tthat\nlitigation\twill\tnot\toccur,\tand\tsuch\tlicenses\tand\tassociated\tlitigation\tcould\tsignificantly\tincrease\tour\toperating\texpenses.\tFurther,\tif\twe\tare\tdetermined\tto\nhave\tor\tbelieve\tthere\tis\ta\thigh\tlikelihood\tthat\twe\thave\tinfringed\tupon\ta\tthird\tparty’s\tintellectual\tproperty\trights,\twe\tmay\tbe\trequired\tto\tcease\tmaking,\nselling\tor\tincorporating\tcertain\tcomponents\tor\tintellectual\tproperty\tinto\tthe\tgoods\tand\tservices\twe\toffer,\tto\tpay\tsubstantial\tdamages\tand/or\tlicense\nroyalties,\tto\tredesign\tour\tproducts\tand\tservices\tand/or\tto\testablish\tand\tmaintain\talternative\tbranding\tfor\tour\tproducts\tand\tservices.\tIn\tthe\tevent\tthat\twe\nare\trequired\tto\ttake\tone\tor\tmore\tsuch\tactions,\tour\tbrand,\tbusiness,\tfinancial\tcondition\tand\toperating\tresults\tmay\tbe\tharmed.\nIncreased\tscrutiny\tand\tchanging\texpectations\tfrom\tstakeholders\twith\trespect\tto\tthe\tCompany’s\tESG\tpractices\tmay\tresult\tin\nadditional\tcosts\tor\trisks.\nCompanies\tacross\tmany\tindustries\tare\tfacing\tincreasing\tscrutiny\trelated\tto\ttheir\tenvironmental,\tsocial\tand\tgovernance\t(ESG)\tpractices.\tInvestor\nadvocacy\tgroups,\tcertain\tinstitutional\tinvestors,\tinvestment\tfunds\tand\tother\tinfluential\tinvestors\tare\talso\tincreasingly\tfocused\ton\tESG\tpractices\tand\tin\nrecent\tyears\thave\tplaced\tincreasing\timportance\ton\tthe\tnon-financial\timpacts\tof\ttheir\tinvestments.\tWhile\tour\tmission\tis\tto\taccelerate\tthe\tworld’s\ttransition", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 25, "lines": { "from": 30, "to": 43 } } } }, { "pageContent": "to\tsustainable\tenergy,\tif\tour\tESG\tpractices\tdo\tnot\tmeet\tinvestor\tor\tother\tindustry\tstakeholder\texpectations,\twhich\tcontinue\tto\tevolve,\twe\tmay\tincur\nadditional\tcosts\tand\tour\tbrand,\tability\tto\tattract\tand\tretain\tqualified\temployees\tand\tbusiness\tmay\tbe\tharmed.\n24", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 25, "lines": { "from": 44, "to": 46 } } } }, { "pageContent": "Table\tof\tContents\nOur\toperations\tcould\tbe\tadversely\taffected\tby\tevents\toutside\tof\tour\tcontrol,\tsuch\tas\tnatural\tdisasters,\twars\tor\thealth\tepidemics.\nWe\tmay\tbe\timpacted\tby\tnatural\tdisasters,\twars,\thealth\tepidemics,\tweather\tconditions,\tthe\tlong-term\teffects\tof\tclimate\tchange,\tpower\toutages\tor\nother\tevents\toutside\tof\tour\tcontrol.\tFor\texample,\tour\tFremont\tFactory\tand\tGigafactory\tNevada\tare\tlocated\tin\tseismically\tactive\tregions\tin\tNorthern\nCalifornia\tand\tNevada,\tand\tour\tGigafactory\tShanghai\tis\tlocated\tin\ta\tflood-prone\tarea.\tMoreover,\tthe\tarea\tin\twhich\tour\tGigafactory\tTexas\tis\tlocated\nexperienced\tsevere\twinter\tstorms\tin\tthe\tfirst\tquarter\tof\t2021\tthat\thad\ta\twidespread\timpact\ton\tutilities\tand\ttransportation.\tIf\tmajor\tdisasters\tsuch\tas\nearthquakes,\tfloods\tor\tother\tclimate-related\tevents\toccur,\tor\tour\tinformation\tsystem\tor\tcommunication\tbreaks\tdown\tor\toperates\timproperly,\tour\nheadquarters\tand\tproduction\tfacilities\tmay\tbe\tseriously\tdamaged,\tor\twe\tmay\thave\tto\tstop\tor\tdelay\tproduction\tand\tshipment\tof\tour\tproducts.\tIn\taddition,\nthe\tglobal\tCOVID-19\tpandemic\thas\timpacted\teconomic\tmarkets,\tmanufacturing\toperations,\tsupply\tchains,\temployment\tand\tconsumer\tbehavior\tin\tnearly\nevery\tgeographic\tregion\tand\tindustry\tacross\tthe\tworld,\tand\twe\thave\tbeen,\tand\tmay\tin\tthe\tfuture\tbe,\tadversely\taffected\tas\ta\tresult.\tAlso,\tthe\tbroader\nconsequences\tin\tthe\tcurrent\tconflict\tbetween\tRussia\tand\tUkraine,\twhich\tmay\tinclude\tfurther\tembargoes,\tregional\tinstability\tand\tgeopolitical\tshifts;\nairspace\tbans\trelating\tto\tcertain\troutes,\tor\tstrategic\tdecisions\tto\talter\tcertain\troutes;\tand\tpotential\tretaliatory\taction\tby\tthe\tRussian\tgovernment\tagainst\ncompanies,\tand\tthe\textent\tof\tthe\tconflict\ton\tour\tbusiness\tand\toperating\tresults\tcannot\tbe\tpredicted.\tWe\tmay\tincur\texpenses\tor\tdelays\trelating\tto\tsuch\nevents\toutside\tof\tour\tcontrol,\twhich\tcould\thave\ta\tmaterial\tadverse\timpact\ton\tour\tbusiness,\toperating\tresults\tand\tfinancial\tcondition.\nRisks\tRelated\tto\tGovernment\tLaws\tand\tRegulations", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 26, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "Risks\tRelated\tto\tGovernment\tLaws\tand\tRegulations\nDemand\tfor\tour\tproducts\tand\tservices\tmay\tbe\timpacted\tby\tthe\tstatus\tof\tgovernment\tand\teconomic\tincentives\tsupporting\tthe\ndevelopment\tand\tadoption\tof\tsuch\tproducts.\nGovernment\tand\teconomic\tincentives\tthat\tsupport\tthe\tdevelopment\tand\tadoption\tof\telectric\tvehicles\tin\tthe\tU.S.\tand\tabroad,\tincluding\tcertain\ttax\nexemptions,\ttax\tcredits\tand\trebates,\tmay\tbe\treduced,\teliminated,\tamended\tor\texhausted\tfrom\ttime\tto\ttime.\tFor\texample,\tpreviously\tavailable\tincentives\nfavoring\telectric\tvehicles\tin\tcertain\tareas\thave\texpired\tor\twere\tcancelled\tor\ttemporarily\tunavailable,\tand\tin\tsome\tcases\twere\tnot\teventually\treplaced\tor\nreinstituted,\twhich\tmay\thave\tnegatively\timpacted\tsales.\tIn\taddition,\tcertain\tgovernment\tand\teconomic\tincentives\tmay\talso\tbe\timplemented\tor\tamended\nto\tprovide\tbenefits\tto\tmanufacturers\twho\tassemble\tdomestically,\thave\tlocal\tsuppliers\tor\thave\tother\tcharacteristics\tthat\tmay\tnot\tapply\tto\tTesla.\tSuch\ndevelopments\tcould\tnegatively\timpact\tdemand\tfor\tour\tvehicles,\tand\twe\tand\tour\tcustomers\tmay\thave\tto\tadjust\tto\tthem,\tincluding\tthrough\tpricing\nmodifications.\nIn\taddition,\tcertain\tgovernmental\trebates,\ttax\tcredits\tand\tother\tfinancial\tincentives\tthat\tare\tcurrently\tavailable\twith\trespect\tto\tour\tsolar\tand\tenergy\nstorage\tproduct\tbusinesses\tallow\tus\tto\tlower\tour\tcosts\tand\tencourage\tcustomers\tto\tbuy\tour\tproducts\tand\tinvestors\tto\tinvest\tin\tour\tsolar\tfinancing\tfunds.\nHowever,\tthese\tincentives\tmay\texpire\twhen\tthe\tallocated\tfunding\tis\texhausted,\treduced\tor\tterminated\tas\trenewable\tenergy\tadoption\trates\tincrease,\nsometimes\twithout\twarning.\tLikewise,\tin\tjurisdictions\twhere\tnet\tmetering\tis\tcurrently\tavailable,\tour\tcustomers\treceive\tbill\tcredits\tfrom\tutilities\tfor\tenergy\nthat\ttheir\tsolar\tenergy\tsystems\tgenerate\tand\texport\tto\tthe\tgrid\tin\texcess\tof\tthe\telectric\tload\tthey\tuse.\tThe\tbenefit\tavailable\tunder\tnet\tmetering\thas\tbeen", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 26, "lines": { "from": 15, "to": 29 } } } }, { "pageContent": "or\thas\tbeen\tproposed\tto\tbe\treduced,\taltered\tor\teliminated\tin\tseveral\tjurisdictions,\tand\thas\talso\tbeen\tcontested\tand\tmay\tcontinue\tto\tbe\tcontested\tbefore\nthe\tFederal\tEnergy\tRegulatory\tCommission.\tAny\treductions\tor\tterminations\tof\tsuch\tincentives\tmay\tharm\tour\tbusiness,\tprospects,\tfinancial\tcondition\tand\noperating\tresults\tby\tmaking\tour\tproducts\tless\tcompetitive\tfor\tcustomers,\tincreasing\tour\tcost\tof\tcapital\tand\tadversely\timpacting\tour\tability\tto\tattract\ninvestment\tpartners\tand\tto\tform\tnew\tfinancing\tfunds\tfor\tour\tsolar\tand\tenergy\tstorage\tassets.\nFinally,\twe\tand\tour\tfund\tinvestors\tclaim\tthese\tU.S.\tfederal\ttax\tcredits\tand\tcertain\tstate\tincentives\tin\tamounts\tbased\ton\tindependently\tappraised\tfair\nmarket\tvalues\tof\tour\tsolar\tand\tenergy\tstorage\tsystems.\tSome\tgovernmental\tauthorities\thave\taudited\tsuch\tvalues\tand\tin\tcertain\tcases\thave\tdetermined\nthat\tthese\tvalues\tshould\tbe\tlower,\tand\tthey\tmay\tdo\tso\tagain\tin\tthe\tfuture.\tSuch\tdeterminations\tmay\tresult\tin\tadverse\ttax\tconsequences\tand/or\tour\nobligation\tto\tmake\tindemnification\tor\tother\tpayments\tto\tour\tfunds\tor\tfund\tinvestors.\nWe\tare\tsubject\tto\tevolving\tlaws\tand\tregulations\tthat\tcould\timpose\tsubstantial\tcosts,\tlegal\tprohibitions\tor\tunfavorable\tchanges\nupon\tour\toperations\tor\tproducts.\nAs\twe\tgrow\tour\tmanufacturing\toperations\tin\tadditional\tregions,\twe\tare\tor\twill\tbe\tsubject\tto\tcomplex\tenvironmental,\tmanufacturing,\thealth\tand\nsafety\tlaws\tand\tregulations\tat\tnumerous\tjurisdictional\tlevels\tin\tthe\tU.S.,\tChina,\tGermany\tand\tother\tlocations\tabroad,\tincluding\tlaws\trelating\tto\tthe\tuse,\nhandling,\tstorage,\trecycling,\tdisposal\tand/or\thuman\texposure\tto\thazardous\tmaterials,\tproduct\tmaterial\tinputs\tand\tpost-consumer\tproducts\tand\twith\nrespect\tto\tconstructing,\texpanding\tand\tmaintaining\tour\tfacilities.\tNew,\tor\tchanges\tin,\tenvironmental\tand\tclimate\tchange\tlaws,\tregulations\tor\trules\tcould\nalso\tlead\tto\tincreased\tcosts\tof\tcompliance,\tincluding\tremediations\tof\tany\tdiscovered\tissues,\tand\tchanges\tto\tour\toperations,\twhich\tmay\tbe\tsignificant,\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 26, "lines": { "from": 30, "to": 44 } } } }, { "pageContent": "any\tfailures\tto\tcomply\tcould\tresult\tin\tsignificant\texpenses,\tdelays\tor\tfines.\tIn\taddition,\tas\twe\thave\n25", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 26, "lines": { "from": 45, "to": 46 } } } }, { "pageContent": "Table\tof\tContents\nincreased\tour\temployee\theadcount\tand\toperations,\twe\tare\tand\tmay\tcontinue\tto\tbe\tsubject\tto\tincreased\tscrutiny,\tincluding\tlitigation\tand\tgovernment\ninvestigations,\tthat\twe\twill\tneed\tto\tdefend\tagainst.\tIf\twe\tare\tunable\tto\tsuccessfully\tdefend\tourselves\tin\tsuch\tlitigation\tor\tgovernment\tinvestigations,\tit\nmay\tharm\tour\tbrand,\tability\tto\tattract\tand\tretain\tqualified\temployees,\tbusiness\tand\tfinancial\tcondition.\tWe\tare\talso\tsubject\tto\tlaws\tand\tregulations\napplicable\tto\tthe\tsupply,\tmanufacture,\timport,\tsale,\tservice\tand\tperformance\tof\tour\tproducts\tboth\tdomestically\tand\tabroad.\tFor\texample,\tin\tcountries\noutside\tof\tthe\tU.S.,\twe\tare\trequired\tto\tmeet\tstandards\trelating\tto\tvehicle\tsafety,\tfuel\teconomy\tand\temissions\tthat\tare\toften\tmaterially\tdifferent\tfrom\nequivalent\trequirements\tin\tthe\tU.S.,\tthus\tresulting\tin\tadditional\tinvestment\tinto\tthe\tvehicles\tand\tsystems\tto\tensure\tregulatory\tcompliance\tin\tall\tcountries.\nThis\tprocess\tmay\tinclude\tofficial\treview\tand\tcertification\tof\tour\tvehicles\tby\tforeign\tregulatory\tagencies\tprior\tto\tmarket\tentry,\tas\twell\tas\tcompliance\twith\nforeign\treporting\tand\trecall\tmanagement\tsystems\trequirements.\nIn\tparticular,\twe\toffer\tin\tour\tvehicles\tin\tcertain\tmarkets\tAutopilot\tand\tFSD\tCapability\tfeatures\tthat\ttoday\tassist\tdrivers\twith\tcertain\ttedious\tand\npotentially\tdangerous\taspects\tof\troad\ttravel,\tbut\twhich\tcurrently\trequire\tdrivers\tto\tremain\tfully\tengaged\tin\tthe\tdriving\toperation.\tWe\tare\tcontinuing\tto\ndevelop\tour\tAutopilot\tand\tFSD\tCapability\ttechnology.\tThere\tare\ta\tvariety\tof\tinternational,\tfederal\tand\tstate\tregulations\tthat\tmay\tapply\tto,\tand\tmay\nadversely\taffect,\tthe\tdesign\tand\tperformance,\tsale,\tmarketing,\tregistration\tand\toperation\tof\tAutopilot\tand\tFSD\tCapability,\tand\tfuture\tcapability,\tincluding\nfull\tself-driving\tvehicles\tthat\tmay\tnot\tbe\toperated\tby\ta\thuman\tdriver.\tThis\tincludes\tmany\texisting\tvehicle\tstandards\tthat\twere\tnot\toriginally\tintended\tto", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 27, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "apply\tto\tvehicles\tthat\tmay\tnot\tbe\toperated\tby\ta\thuman\tdriver.\tSuch\tregulations\tcontinue\tto\trapidly\tchange,\twhich\tincreases\tthe\tlikelihood\tof\ta\tpatchwork\nof\tcomplex\tor\tconflicting\tregulations,\tor\tmay\tdelay,\trestrict\tor\tprohibit\tthe\tavailability\tof\tcertain\tfunctionalities\tand\tvehicle\tdesigns,\twhich\tcould\tadversely\naffect\tour\tbusiness.\nFinally,\tas\ta\tmanufacturer,\tinstaller\tand\tservice\tprovider\twith\trespect\tto\tsolar\tgeneration\tand\tenergy\tstorage\tsystems,\ta\tsupplier\tof\telectricity\ngenerated\tand\tstored\tby\tcertain\tof\tthe\tsolar\tenergy\tand\tenergy\tstorage\tsystems\twe\tinstall\tfor\tcustomers,\tand\ta\tprovider\tof\tgrid\tservices\tthrough\tvirtual\npower\tplant\tmodels,\twe\tare\timpacted\tby\tfederal,\tstate\tand\tlocal\tregulations\tand\tpolicies\tconcerning\tthe\timport\tor\texport\tof\tcomponents,\telectricity\npricing,\tthe\tinterconnection\tof\telectricity\tgeneration\tand\tstorage\tequipment\twith\tthe\telectrical\tgrid\tand\tthe\tsale\tof\telectricity\tgenerated\tby\tthird\tparty-\nowned\tsystems.\tIf\tregulations\tand\tpolicies\tare\tintroduced\tthat\tadversely\timpact\tthe\timport\tor\texport\tof\tcomponents,\tor\tthe\tinterconnection,\tmaintenance\nor\tuse\tof\tour\tsolar\tand\tenergy\tstorage\tsystems,\tthey\tcould\tdeter\tpotential\tcustomers\tfrom\tpurchasing\tour\tsolar\tand\tenergy\tstorage\tproducts\tand\nservices,\tthreaten\tthe\teconomics\tof\tour\texisting\tcontracts\tand\tcause\tus\tto\tcease\tsolar\tand\tenergy\tstorage\tsystem\tsales\tand\tservices\tin\tthe\trelevant\njurisdictions,\twhich\tmay\tharm\tour\tbusiness,\tfinancial\tcondition\tand\toperating\tresults.\nAny\tfailure\tby\tus\tto\tcomply\twith\ta\tvariety\tof\tU.S.\tand\tinternational\tprivacy\tand\tconsumer\tprotection\tlaws\tmay\tharm\tus.\nAny\tfailure\tby\tus\tor\tour\tvendors\tor\tother\tbusiness\tpartners\tto\tcomply\twith\tour\tpublic\tprivacy\tnotice\tor\twith\tfederal,\tstate\tor\tinternational\tprivacy,\ndata\tprotection\tor\tsecurity\tlaws\tor\tregulations\trelating\tto\tthe\tprocessing,\tcollection,\tuse,\tretention,\tsecurity\tand\ttransfer\tof\tpersonally\tidentifiable", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 27, "lines": { "from": 15, "to": 28 } } } }, { "pageContent": "information\tcould\tresult\tin\tregulatory\tor\tlitigation-related\tactions\tagainst\tus,\tlegal\tliability,\tfines,\tdamages,\tongoing\taudit\trequirements\tand\tother\nsignificant\tcosts.\tSubstantial\texpenses\tand\toperational\tchanges\tmay\tbe\trequired\tin\tconnection\twith\tmaintaining\tcompliance\twith\tsuch\tlaws,\tand\teven\tan\nunsuccessful\tchallenge\tby\tcustomers\tor\tregulatory\tauthorities\tof\tour\tactivities\tcould\tresult\tin\tadverse\tpublicity\tand\tcould\trequire\ta\tcostly\tresponse\tfrom\nand\tdefense\tby\tus.\tIn\taddition,\tcertain\tprivacy\tlaws\tare\tstill\tsubject\tto\ta\thigh\tdegree\tof\tuncertainty\tas\tto\ttheir\tinterpretation,\tapplication\tand\timpact,\tand\nmay\trequire\textensive\tsystem\tand\toperational\tchanges,\tbe\tdifficult\tto\timplement,\tincrease\tour\toperating\tcosts,\tadversely\timpact\tthe\tcost\tor\nattractiveness\tof\tthe\tproducts\tor\tservices\twe\toffer,\tor\tresult\tin\tadverse\tpublicity\tand\tharm\tour\treputation.\tFor\texample,\tthe\tGeneral\tData\tProtection\nRegulation\tapplies\tto\tthe\tprocessing\tof\tpersonal\tinformation\tcollected\tfrom\tindividuals\tlocated\tin\tthe\tEuropean\tUnion\trequiring\tcertain\tdata\tprotection\nmeasures\twhen\thandling,\twith\ta\tsignificant\trisk\tof\tfines\tfor\tnoncompliance.\tSimilarly,\tour\tNorth\tAmerican\toperations\tare\tsubject\tto\tcomplex\tand\tchanging\nfederal\tand\tUS\tstate-specific\tdata\tprivacy\tlaws\tand\tregulations,\tsuch\tas\tthe\tCalifornia\tConsumer\tPrivacy\tAct\twhich\timposes\tcertain\tlegal\tobligations\ton\nour\tuse\tand\tprocessing\tof\tpersonal\tinformation\trelated\tto\tCalifornia\tresidents.\tFinally,\tadditional\tprivacy\tand\tcybersecurity\tlaws\thave\tcome\tinto\teffect\tin\nChina.\nThese\tlaws\tcontinue\tto\tdevelop\tand\tmay\tbe\tinconsistent\tfrom\tjurisdiction\tto\tjurisdiction.\tComplying\twith\temerging\tand\tchanging\trequirements\tmay\ncause\tus\tto\tincur\tsubstantial\tcosts\tand\tmake\tenhancements\tto\trelevant\tdata\tpractices.\tNoncompliance\tcould\tresult\tin\tsignificant\tpenalties\tor\tlegal\nliability.\nIn\taddition\tto\tthe\trisks\trelated\tto\tgeneral\tprivacy\tregulation,\twe\tmay\talso\tbe\tsubject\tto\tspecific\tvehicle\tmanufacturer\tobligations\trelating\tto", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 27, "lines": { "from": 29, "to": 43 } } } }, { "pageContent": "cybersecurity,\tdata\tprivacy\tand\tdata\tlocalization\trequirements\twhich\tplace\tadditional\trisks\tto\tour\tinternational\toperations.\tRisks\tand\tpenalties\tcould\ninclude\tongoing\taudit\trequirements,\tdata\tprotection\n26", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 27, "lines": { "from": 44, "to": 46 } } } }, { "pageContent": "Table\tof\tContents\nauthority\tinvestigations,\tlegal\tproceedings\tby\tinternational\tgovernmental\tentities\tor\tothers\tresulting\tin\tmandated\tdisclosure\tof\tsensitive\tdata\tor\tother\ncommercially\tunfavorable\tterms.\tNotwithstanding\tour\tefforts\tto\tprotect\tthe\tsecurity\tand\tintegrity\tof\tour\tcustomers’\tpersonal\tinformation,\twe\tmay\tbe\nrequired\tto\texpend\tsignificant\tresources\tto\tcomply\twith\tdata\tbreach\trequirements\tif,\tfor\texample,\tthird\tparties\timproperly\tobtain\tand\tuse\tthe\tpersonal\ninformation\tof\tour\tcustomers\tor\twe\totherwise\texperience\ta\tdata\tloss\twith\trespect\tto\tthe\tpersonal\tinformation\twe\tprocess\tand\thandle.\tA\tmajor\tbreach\tof\nour\tnetwork\tsecurity\tand\tsystems\tmay\toccur\tdespite\tdefensive\tmeasures,\tand\tmay\tresult\tin\tfines,\tpenalties\tand\tdamages\tand\tharm\tour\tbrand,\tprospects\nand\toperating\tresults.\nWe\tcould\tbe\tsubject\tto\tliability,\tpenalties\tand\tother\trestrictive\tsanctions\tand\tadverse\tconsequences\tarising\tout\tof\tcertain\ngovernmental\tinvestigations\tand\tproceedings.\nWe\tare\tcooperating\twith\tcertain\tgovernment\tinvestigations\tas\tdiscussed\tin\tNote\t15,\tCommitments\tand\tContingencies,\tto\tthe\tconsolidated\tfinancial\nstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\tTo\tour\tknowledge,\tno\tgovernment\tagency\tin\tany\tsuch\tongoing\tinvestigation\thas\nconcluded\tthat\tany\twrongdoing\toccurred.\tHowever,\twe\tcannot\tpredict\tthe\toutcome\tor\timpact\tof\tany\tsuch\tongoing\tmatters,\tand\tthere\texists\tthe\tpossibility\nthat\twe\tcould\tbe\tsubject\tto\tliability,\tpenalties\tand\tother\trestrictive\tsanctions\tand\tadverse\tconsequences\tif\tthe\tSEC,\tthe\tU.S.\tDepartment\tof\tJustice\tor\tany\nother\tgovernment\tagency\twere\tto\tpursue\tlegal\taction\tin\tthe\tfuture.\tMoreover,\twe\texpect\tto\tincur\tcosts\tin\tresponding\tto\trelated\trequests\tfor\tinformation\nand\tsubpoenas,\tand\tif\tinstituted,\tin\tdefending\tagainst\tany\tgovernmental\tproceedings.\nWe\tmay\tface\tregulatory\tchallenges\tto\tor\tlimitations\ton\tour\tability\tto\tsell\tvehicles\tdirectly.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 28, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "While\twe\tintend\tto\tcontinue\tto\tleverage\tour\tmost\teffective\tsales\tstrategies,\tincluding\tsales\tthrough\tour\twebsite,\twe\tmay\tnot\tbe\table\tto\tsell\tour\nvehicles\tthrough\tour\town\tstores\tin\tcertain\tstates\tin\tthe\tU.S.\twith\tlaws\tthat\tmay\tbe\tinterpreted\tto\timpose\tlimitations\ton\tthis\tdirect-to-consumer\tsales\nmodel.\tIt\thas\talso\tbeen\tasserted\tthat\tthe\tlaws\tin\tsome\tstates\tlimit\tour\tability\tto\tobtain\tdealer\tlicenses\tfrom\tstate\tmotor\tvehicle\tregulators,\tand\tsuch\nassertions\tpersist.\tIn\tcertain\tlocations,\tdecisions\tby\tregulators\tpermitting\tus\tto\tsell\tvehicles\thave\tbeen,\tand\tmay\tbe,\tchallenged\tby\tdealer\tassociations\nand\tothers\tas\tto\twhether\tsuch\tdecisions\tcomply\twith\tapplicable\tstate\tmotor\tvehicle\tindustry\tlaws.\tWe\thave\tprevailed\tin\tmany\tof\tthese\tlawsuits\tand\tsuch\nresults\thave\treinforced\tour\tcontinuing\tbelief\tthat\tstate\tfranchise\tlaws\twere\tnot\tintended\tto\tapply\tto\ta\tmanufacturer\tthat\tdoes\tnot\thave\tfranchise\tdealers\nanywhere\tin\tthe\tworld.\tIn\tsome\tstates,\tthere\thave\talso\tbeen\tregulatory\tand\tlegislative\tefforts\tby\tdealer\tassociations\tto\tpropose\tlaws\tthat,\tif\tenacted,\nwould\tprevent\tus\tfrom\tobtaining\tdealer\tlicenses\tin\ttheir\tstates\tgiven\tour\tcurrent\tsales\tmodel.\tA\tfew\tstates\thave\tpassed\tlegislation\tthat\tclarifies\tour\tability\nto\toperate,\tbut\tat\tthe\tsame\ttime\tlimits\tthe\tnumber\tof\tdealer\tlicenses\twe\tcan\tobtain\tor\tstores\tthat\twe\tcan\toperate.\tThe\tapplication\tof\tstate\tlaws\tapplicable\nto\tour\toperations\tcontinues\tto\tbe\tdifficult\tto\tpredict.\nInternationally,\tthere\tmay\tbe\tlaws\tin\tjurisdictions\twe\thave\tnot\tyet\tentered\tor\tlaws\twe\tare\tunaware\tof\tin\tjurisdictions\twe\thave\tentered\tthat\tmay\nrestrict\tour\tsales\tor\tother\tbusiness\tpractices.\tEven\tfor\tthose\tjurisdictions\twe\thave\tanalyzed,\tthe\tlaws\tin\tthis\tarea\tcan\tbe\tcomplex,\tdifficult\tto\tinterpret\tand\nmay\tchange\tover\ttime.\tContinued\tregulatory\tlimitations\tand\tother\tobstacles\tinterfering\twith\tour\tability\tto\tsell\tvehicles\tdirectly\tto\tconsumers\tmay\tharm\nour\tfinancial\tcondition\tand\toperating\tresults.\nRisks\tRelated\tto\tthe\tOwnership\tof\tOur\tCommon\tStock", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 28, "lines": { "from": 17, "to": 31 } } } }, { "pageContent": "The\ttrading\tprice\tof\tour\tcommon\tstock\tis\tlikely\tto\tcontinue\tto\tbe\tvolatile.\nThe\ttrading\tprice\tof\tour\tcommon\tstock\thas\tbeen\thighly\tvolatile\tand\tcould\tcontinue\tto\tbe\tsubject\tto\twide\tfluctuations\tin\tresponse\tto\tvarious\tfactors,\nsome\tof\twhich\tare\tbeyond\tour\tcontrol.\tOur\tcommon\tstock\thas\texperienced\tover\tthe\tlast\t52\tweeks\tan\tintra-day\ttrading\thigh\tof\t$299.29\tper\tshare\tand\ta\nlow\tof\t$152.37\tper\tshare.\tThe\tstock\tmarket\tin\tgeneral,\tand\tthe\tmarket\tfor\ttechnology\tcompanies\tin\tparticular,\thas\texperienced\textreme\tprice\tand\tvolume\nfluctuations\tthat\thave\toften\tbeen\tunrelated\tor\tdisproportionate\tto\tthe\toperating\tperformance\tof\tthose\tcompanies.\tIn\tparticular,\ta\tlarge\tproportion\tof\tour\ncommon\tstock\thas\tbeen\thistorically\tand\tmay\tin\tthe\tfuture\tbe\ttraded\tby\tshort\tsellers\twhich\tmay\tput\tpressure\ton\tthe\tsupply\tand\tdemand\tfor\tour\tcommon\nstock,\tfurther\tinfluencing\tvolatility\tin\tits\tmarket\tprice.\tPublic\tperception\tof\tour\tcompany\tor\tmanagement\tand\tother\tfactors\toutside\tof\tour\tcontrol\tmay\nadditionally\timpact\tthe\tstock\tprice\tof\tcompanies\tlike\tus\tthat\tgarner\ta\tdisproportionate\tdegree\tof\tpublic\tattention,\tregardless\tof\tactual\toperating\nperformance.\tIn\taddition,\tin\tthe\tpast,\tfollowing\tperiods\tof\tvolatility\tin\tthe\toverall\tmarket\tor\tthe\tmarket\tprice\tof\tour\tshares,\tsecurities\tclass\taction\tlitigation\nhas\tbeen\tfiled\tagainst\tus.\tWhile\twe\tdefend\tsuch\tactions\tvigorously,\tany\tjudgment\tagainst\tus\tor\tany\tfuture\tstockholder\tlitigation\tcould\tresult\tin\tsubstantial\ncosts\tand\ta\tdiversion\tof\tour\tmanagement’s\tattention\tand\tresources.\n27", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 28, "lines": { "from": 32, "to": 43 } } } }, { "pageContent": "Table\tof\tContents\nOur\tfinancial\tresults\tmay\tvary\tsignificantly\tfrom\tperiod\tto\tperiod\tdue\tto\tfluctuations\tin\tour\toperating\tcosts\tand\tother\tfactors.\nWe\texpect\tour\tperiod-to-period\tfinancial\tresults\tto\tvary\tbased\ton\tour\toperating\tcosts,\twhich\twe\tanticipate\twill\tfluctuate\tas\tthe\tpace\tat\twhich\twe\ncontinue\tto\tdesign,\tdevelop\tand\tmanufacture\tnew\tproducts\tand\tincrease\tproduction\tcapacity\tby\texpanding\tour\tcurrent\tmanufacturing\tfacilities\tand\nadding\tfuture\tfacilities,\tmay\tnot\tbe\tconsistent\tor\tlinear\tbetween\tperiods.\tAdditionally,\tour\trevenues\tfrom\tperiod\tto\tperiod\tmay\tfluctuate\tas\twe\tintroduce\nexisting\tproducts\tto\tnew\tmarkets\tfor\tthe\tfirst\ttime\tand\tas\twe\tdevelop\tand\tintroduce\tnew\tproducts.\tAs\ta\tresult\tof\tthese\tfactors,\twe\tbelieve\tthat\tquarter-to-\nquarter\tcomparisons\tof\tour\tfinancial\tresults,\tespecially\tin\tthe\tshort\tterm,\tare\tnot\tnecessarily\tmeaningful\tand\tthat\tthese\tcomparisons\tcannot\tbe\trelied\nupon\tas\tindicators\tof\tfuture\tperformance.\tMoreover,\tour\tfinancial\tresults\tmay\tnot\tmeet\texpectations\tof\tequity\tresearch\tanalysts,\tratings\tagencies\tor\ninvestors,\twho\tmay\tbe\tfocused\tonly\ton\tshort-term\tquarterly\tfinancial\tresults.\tIf\tany\tof\tthis\toccurs,\tthe\ttrading\tprice\tof\tour\tstock\tcould\tfall\tsubstantially,\neither\tsuddenly\tor\tover\ttime.\nWe\tmay\tfail\tto\tmeet\tour\tpublicly\tannounced\tguidance\tor\tother\texpectations\tabout\tour\tbusiness,\twhich\tcould\tcause\tour\tstock\tprice\nto\tdecline.\nWe\tprovide\tfrom\ttime\tto\ttime\tguidance\tregarding\tour\texpected\tfinancial\tand\tbusiness\tperformance.\tCorrectly\tidentifying\tkey\tfactors\taffecting\nbusiness\tconditions\tand\tpredicting\tfuture\tevents\tis\tinherently\tan\tuncertain\tprocess,\tand\tour\tguidance\tmay\tnot\tultimately\tbe\taccurate\tand\thas\tin\tthe\tpast\nbeen\tinaccurate\tin\tcertain\trespects,\tsuch\tas\tthe\ttiming\tof\tnew\tproduct\tmanufacturing\tramps.\tOur\tguidance\tis\tbased\ton\tcertain\tassumptions\tsuch\tas\tthose\nrelating\tto\tanticipated\tproduction\tand\tsales\tvolumes\t(which\tgenerally\tare\tnot\tlinear\tthroughout\ta\tgiven\tperiod),\taverage\tsales\tprices,\tsupplier\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 29, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "commodity\tcosts\tand\tplanned\tcost\treductions.\tIf\tour\tguidance\tvaries\tfrom\tactual\tresults,\tsuch\tas\tdue\tto\tour\tassumptions\tnot\tbeing\tmet\tor\tthe\timpact\ton\nour\tfinancial\tperformance\tthat\tcould\toccur\tas\ta\tresult\tof\tvarious\trisks\tand\tuncertainties,\tthe\tmarket\tvalue\tof\tour\tcommon\tstock\tcould\tdecline\tsignificantly.\nIf\tElon\tMusk\twere\tforced\tto\tsell\tshares\tof\tour\tcommon\tstock,\teither\tthat\the\thas\tpledged\tto\tsecure\tcertain\tpersonal\tloan\tobligations,\nor\tin\tsatisfaction\tof\tother\tobligations,\tsuch\tsales\tcould\tcause\tour\tstock\tprice\tto\tdecline.\nCertain\tbanking\tinstitutions\thave\tmade\textensions\tof\tcredit\tto\tElon\tMusk,\tour\tChief\tExecutive\tOfficer,\ta\tportion\tof\twhich\twas\tused\tto\tpurchase\nshares\tof\tcommon\tstock\tin\tcertain\tof\tour\tpublic\tofferings\tand\tprivate\tplacements\tat\tthe\tsame\tprices\toffered\tto\tthird-party\tparticipants\tin\tsuch\tofferings\nand\tplacements.\tWe\tare\tnot\ta\tparty\tto\tthese\tloans,\twhich\tare\tpartially\tsecured\tby\tpledges\tof\ta\tportion\tof\tthe\tTesla\tcommon\tstock\tcurrently\towned\tby\tMr.\nMusk.\tIf\tthe\tprice\tof\tour\tcommon\tstock\twere\tto\tdecline\tsubstantially,\tMr.\tMusk\tmay\tbe\tforced\tby\tone\tor\tmore\tof\tthe\tbanking\tinstitutions\tto\tsell\tshares\tof\nTesla\tcommon\tstock\tto\tsatisfy\this\tloan\tobligations\tif\the\tcould\tnot\tdo\tso\tthrough\tother\tmeans.\tAny\tsuch\tsales\tcould\tcause\tthe\tprice\tof\tour\tcommon\tstock\nto\tdecline\tfurther.\tFurther,\tMr.\tMusk\tfrom\ttime\tto\ttime\tmay\tcommit\tto\tinvesting\tin\tsignificant\tbusiness\tor\tother\tventures,\tand\tas\ta\tresult,\tbe\trequired\tto\nsell\tshares\tof\tour\tcommon\tstock\tin\tsatisfaction\tof\tsuch\tcommitments.\nAnti-takeover\tprovisions\tcontained\tin\tour\tgoverning\tdocuments,\tapplicable\tlaws\tand\tour\tconvertible\tsenior\tnotes\tcould\timpair\ta\ntakeover\tattempt.\nOur\tcertificate\tof\tincorporation\tand\tbylaws\tafford\tcertain\trights\tand\tpowers\tto\tour\tboard\tof\tdirectors\tthat\tmay\tfacilitate\tthe\tdelay\tor\tprevention\tof\tan\nacquisition\tthat\tit\tdeems\tundesirable.\tWe\tare\talso\tsubject\tto\tSection\t203\tof\tthe\tDelaware\tGeneral\tCorporation\tLaw\tand\tother\tprovisions\tof\tDelaware\tlaw", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 29, "lines": { "from": 17, "to": 31 } } } }, { "pageContent": "that\tlimit\tthe\tability\tof\tstockholders\tin\tcertain\tsituations\tto\teffect\tcertain\tbusiness\tcombinations.\tIn\taddition,\tthe\tterms\tof\tour\tconvertible\tsenior\tnotes\tmay\nrequire\tus\tto\trepurchase\tsuch\tnotes\tin\tthe\tevent\tof\ta\tfundamental\tchange,\tincluding\ta\ttakeover\tof\tour\tcompany.\tAny\tof\tthe\tforegoing\tprovisions\tand\nterms\tthat\thas\tthe\teffect\tof\tdelaying\tor\tdeterring\ta\tchange\tin\tcontrol\tcould\tlimit\tthe\topportunity\tfor\tour\tstockholders\tto\treceive\ta\tpremium\tfor\ttheir\tshares\nof\tour\tcommon\tstock,\tand\tcould\talso\taffect\tthe\tprice\tthat\tsome\tinvestors\tare\twilling\tto\tpay\tfor\tour\tcommon\tstock.\nITEM\t1B.\tUNRESOLVED\tSTAFF\tCOMMENTS\nNone.\n28", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 29, "lines": { "from": 32, "to": 38 } } } }, { "pageContent": "ITEM\t1C.\tCYBERSECURITY\nCybersecurity\tRisk\tManagement\tand\tStrategy\nWe\trecognize\tthe\timportance\tof\tassessing,\tidentifying,\tand\tmanaging\tmaterial\trisks\tassociated\twith\tcybersecurity\tthreats,\tas\tsuch\tterm\tis\tdefined\tin\nItem\t106(a)\tof\tRegulation\tS-K.\tThese\trisks\tinclude,\tamong\tother\tthings:\toperational\trisks,\tintellectual\tproperty\ttheft,\tfraud,\textortion,\tharm\tto\temployees\nor\tcustomers\tand\tviolation\tof\tdata\tprivacy\tor\tsecurity\tlaws.\nIdentifying\tand\tassessing\tcybersecurity\trisk\tis\tintegrated\tinto\tour\toverall\trisk\tmanagement\tsystems\tand\tprocesses.\tCybersecurity\trisks\trelated\tto\tour\nbusiness,\ttechnical\toperations,\tprivacy\tand\tcompliance\tissues\tare\tidentified\tand\taddressed\tthrough\ta\tmulti-faceted\tapproach\tincluding\tthird\tparty\nassessments,\tinternal\tIT\tAudit,\tIT\tsecurity,\tgovernance,\trisk\tand\tcompliance\treviews.\tTo\tdefend,\tdetect\tand\trespond\tto\tcybersecurity\tincidents,\twe,\namong\tother\tthings:\tconduct\tproactive\tprivacy\tand\tcybersecurity\treviews\tof\tsystems\tand\tapplications,\taudit\tapplicable\tdata\tpolicies,\tperform\tpenetration\ntesting\tusing\texternal\tthird-party\ttools\tand\ttechniques\tto\ttest\tsecurity\tcontrols,\toperate\ta\tbug\tbounty\tprogram\tto\tencourage\tproactive\tvulnerability\nreporting,\tconduct\temployee\ttraining,\tmonitor\temerging\tlaws\tand\tregulations\trelated\tto\tdata\tprotection\tand\tinformation\tsecurity\t(including\tour\tconsumer\nproducts)\tand\timplement\tappropriate\tchanges.\nWe\thave\timplemented\tincident\tresponse\tand\tbreach\tmanagement\tprocesses\twhich\thave\tfour\toverarching\tand\tinterconnected\tstages:\t1)\npreparation\tfor\ta\tcybersecurity\tincident,\t2)\tdetection\tand\tanalysis\tof\ta\tsecurity\tincident,\t3)\tcontainment,\teradication\tand\trecovery,\tand\t4)\tpost-incident\nanalysis.\tSuch\tincident\tresponses\tare\toverseen\tby\tleaders\tfrom\tour\tInformation\tSecurity,\tProduct\tSecurity,\tCompliance\tand\tLegal\tteams\tregarding\nmatters\tof\tcybersecurity.\nSecurity\tevents\tand\tdata\tincidents\tare\tevaluated,\tranked\tby\tseverity\tand\tprioritized\tfor\tresponse\tand\tremediation.\tIncidents\tare\tevaluated\tto", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 30, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "determine\tmateriality\tas\twell\tas\toperational\tand\tbusiness\timpact,\tand\treviewed\tfor\tprivacy\timpact.\nWe\talso\tconduct\ttabletop\texercises\tto\tsimulate\tresponses\tto\tcybersecurity\tincidents.\tOur\tteam\tof\tcybersecurity\tprofessionals\tthen\tcollaborate\twith\ntechnical\tand\tbusiness\tstakeholders\tacross\tour\tbusiness\tunits\tto\tfurther\tanalyze\tthe\trisk\tto\tthe\tcompany,\tand\tform\tdetection,\tmitigation\tand\tremediation\nstrategies.\nAs\tpart\tof\tthe\tabove\tprocesses,\twe\tregularly\tengage\texternal\tauditors\tand\tconsultants\tto\tassess\tour\tinternal\tcybersecurity\tprograms\tand\ncompliance\twith\tapplicable\tpractices\tand\tstandards.\tAs\tof\t2023,\tour\tInformation\tSecurity\tManagement\tSystem\thas\tbeen\tcertified\tto\tconform\tto\tthe\nrequirements\tof\tISO/IEC\t27001:2013.\nOur\trisk\tmanagement\tprogram\talso\tassesses\tthird\tparty\trisks,\tand\twe\tperform\tthird-party\trisk\tmanagement\tto\tidentify\tand\tmitigate\trisks\tfrom\tthird\nparties\tsuch\tas\tvendors,\tsuppliers,\tand\tother\tbusiness\tpartners\tassociated\twith\tour\tuse\tof\tthird-party\tservice\tproviders.\tCybersecurity\trisks\tare\tevaluated\nwhen\tdetermining\tthe\tselection\tand\toversight\tof\tapplicable\tthird-party\tservice\tproviders\tand\tpotential\tfourth-party\trisks\twhen\thandling\tand/or\tprocessing\nour\temployee,\tbusiness\tor\tcustomer\tdata.\tIn\taddition\tto\tnew\tvendor\tonboarding,\twe\tperform\trisk\tmanagement\tduring\tthird-party\tcybersecurity\ncompromise\tincidents\tto\tidentify\tand\tmitigate\trisks\tto\tus\tfrom\tthird-party\tincidents.\nWe\tdescribe\twhether\tand\thow\trisks\tfrom\tidentified\tcybersecurity\tthreats,\tincluding\tas\ta\tresult\tof\tany\tprevious\tcybersecurity\tincidents,\thave\nmaterially\taffected\tor\tare\treasonably\tlikely\tto\tmaterially\taffect\tus,\tincluding\tour\tbusiness\tstrategy,\tresults\tof\toperations,\tor\tfinancial\tcondition,\tunder\tthe\nheading\t“Our\tinformation\ttechnology\tsystems\tor\tdata,\tor\tthose\tof\tour\tservice\tproviders\tor\tcustomers\tor\tusers\tcould\tbe\tsubject\tto\tcyber-attacks\tor\tother", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 30, "lines": { "from": 18, "to": 32 } } } }, { "pageContent": "security\tincidents,\twhich\tcould\tresult\tin\tdata\tbreaches,\tintellectual\tproperty\ttheft,\tclaims,\tlitigation,\tregulatory\tinvestigations,\tsignificant\tliability,\nreputational\tdamage\tand\tother\tadverse\tconsequences”\tincluded\tas\tpart\tof\tour\trisk\tfactor\tdisclosures\tat\tItem\t1A\tof\tthis\tAnnual\tReport\ton\tForm\t10-K.\nCybersecurity\tGovernance\nCybersecurity\tis\tan\timportant\tpart\tof\tour\trisk\tmanagement\tprocesses\tand\tan\tarea\tof\tfocus\tfor\tour\tBoard\tand\tmanagement.\tOur\tAudit\tCommittee\tis\nresponsible\tfor\tthe\toversight\tof\trisks\tfrom\tcybersecurity\tthreats.\tMembers\tof\tthe\tAudit\tCommittee\treceive\tupdates\ton\ta\tquarterly\tbasis\tfrom\tsenior\nmanagement,\tincluding\tleaders\tfrom\tour\tInformation\tSecurity,\tProduct\tSecurity,\tCompliance\tand\tLegal\tteams\tregarding\tmatters\tof\tcybersecurity.\tThis\nincludes\texisting\tand\tnew\tcybersecurity\trisks,\tstatus\ton\thow\tmanagement\tis\taddressing\tand/or\tmitigating\tthose\trisks,\tcybersecurity\tand\tdata\tprivacy\nincidents\t(if\tany)\tand\tstatus\ton\tkey\tinformation\tsecurity\tinitiatives.\tOur\tBoard\tmembers\talso\tengage\tin\tad\thoc\tconversations\twith\tmanagement\ton\ncybersecurity-related\tnews\tevents\tand\tdiscuss\tany\tupdates\tto\tour\tcybersecurity\trisk\tmanagement\tand\tstrategy\tprograms.\n29", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 30, "lines": { "from": 33, "to": 42 } } } }, { "pageContent": "Our\tcybersecurity\trisk\tmanagement\tand\tstrategy\tprocesses\tare\toverseen\tby\tleaders\tfrom\tour\tInformation\tSecurity,\tProduct\tSecurity,\tCompliance\nand\tLegal\tteams.\tSuch\tindividuals\thave\tan\taverage\tof\tover\t15\tyears\tof\tprior\twork\texperience\tin\tvarious\troles\tinvolving\tinformation\ttechnology,\tincluding\nsecurity,\tauditing,\tcompliance,\tsystems\tand\tprogramming.\tThese\tindividuals\tare\tinformed\tabout,\tand\tmonitor\tthe\tprevention,\tmitigation,\tdetection\tand\nremediation\tof\tcybersecurity\tincidents\tthrough\ttheir\tmanagement\tof,\tand\tparticipation\tin,\tthe\tcybersecurity\trisk\tmanagement\tand\tstrategy\tprocesses\ndescribed\tabove,\tincluding\tthe\toperation\tof\tour\tincident\tresponse\tplan,\tand\treport\tto\tthe\tAudit\tCommittee\ton\tany\tappropriate\titems.\nITEM\t2.\tPROPERTIES\nWe\tare\theadquartered\tin\tAustin,\tTexas.\tOur\tprincipal\tfacilities\tinclude\ta\tlarge\tnumber\tof\tproperties\tin\tNorth\tAmerica,\tEurope\tand\tAsia\tutilized\tfor\nmanufacturing\tand\tassembly,\twarehousing,\tengineering,\tretail\tand\tservice\tlocations,\tSupercharger\tsites\tand\tadministrative\tand\tsales\toffices.\tOur\tfacilities\nare\tused\tto\tsupport\tboth\tof\tour\treporting\tsegments,\tand\tare\tsuitable\tand\tadequate\tfor\tthe\tconduct\tof\tour\tbusiness.\tWe\tgenerally\tlease\tsuch\tfacilities\twith\nthe\tprimary\texception\tof\tsome\tmanufacturing\tfacilities.\tThe\tfollowing\ttable\tsets\tforth\tthe\tlocation\tof\tour\tprimary\towned\tand\tleased\tmanufacturing\nfacilities.\nPrimary\tManufacturing\tFacilitiesLocationOwned\tor\tLeased\nGigafactory\tTexasAustin,\tTexasOwned\nFremont\tFactoryFremont,\tCaliforniaOwned\nGigafactory\tNevadaSparks,\tNevadaOwned\nGigafactory\tBerlin-BrandenburgGrunheide,\tGermanyOwned\nGigafactory\tShanghaiShanghai,\tChina*\nGigafactory\tNew\tYorkBuffalo,\tNew\tYorkLeased\nMegafactoryLathrop,\tCaliforniaLeased\n*We\town\tthe\tbuilding\tand\tthe\tland\tuse\trights\twith\tan\tinitial\tterm\tof\t50\tyears.\tThe\tland\tuse\trights\tare\ttreated\tas\toperating\tlease\tright-of-use\tassets.\nITEM\t3.\tLEGAL\tPROCEEDINGS", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 31, "lines": { "from": 1, "to": 21 } } } }, { "pageContent": "ITEM\t3.\tLEGAL\tPROCEEDINGS\nFor\ta\tdescription\tof\tour\tmaterial\tpending\tlegal\tproceedings,\tplease\tsee\tNote\t15,\tCommitments\tand\tContingencies,\tto\tthe\tconsolidated\tfinancial\nstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\nIn\taddition,\teach\tof\tthe\tmatters\tbelow\tis\tbeing\tdisclosed\tpursuant\tto\tItem\t103\tof\tRegulation\tS-K\tbecause\tit\trelates\tto\tenvironmental\tregulations\tand\naggregate\tcivil\tpenalties\tthat\twe\tcurrently\tbelieve\tcould\tpotentially\texceed\t$1\tmillion.\tWe\tbelieve\tthat\tany\tproceeding\tthat\tis\tmaterial\tto\tour\tbusiness\tor\nfinancial\tcondition\tis\tlikely\tto\thave\tpotential\tpenalties\tfar\tin\texcess\tof\tsuch\tamount.\nDistrict\tattorneys\tin\tcertain\tCalifornia\tcounties\tconducted\tan\tinvestigation\tinto\tTesla’s\twaste\tsegregation\tpractices\tpursuant\tto\tCal.\tHealth\t&\tSaf.\nCode\t§\t25100\tet\tseq.\tand\tCal.\tCivil\tCode\t§\t1798.80.\tTesla\thas\timplemented\tvarious\tremedial\tmeasures,\tincluding\tconducting\ttraining\tand\taudits,\tand\nenhancements\tto\tits\tsite\twaste\tmanagement\tprograms,\tand\tsettlement\tdiscussions\tare\tongoing.\tWhile\tthe\toutcome\tof\tthis\tmatter\tcannot\tbe\tdetermined\nat\tthis\ttime,\tit\tis\tnot\tcurrently\texpected\tto\thave\ta\tmaterial\tadverse\timpact\ton\tour\tbusiness.\nITEM\t4.\tMINE\tSAFETY\tDISCLOSURES\nNot\tapplicable.\n30", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 31, "lines": { "from": 21, "to": 33 } } } }, { "pageContent": "PART\tII\nITEM\t5.\tMARKET\tFOR\tREGISTRANT’S\tCOMMON\tEQUITY,\tRELATED\tSTOCKHOLDER\tMATTERS\tAND\tISSUER\tPURCHASES\tOF\tEQUITY\nSECURITIES\nMarket\tInformation\nOur\tcommon\tstock\thas\ttraded\ton\tThe\tNASDAQ\tGlobal\tSelect\tMarket\tunder\tthe\tsymbol\t“TSLA”\tsince\tit\tbegan\ttrading\ton\tJune\t29,\t2010.\tOur\tinitial\npublic\toffering\twas\tpriced\tat\tapproximately\t$1.13\tper\tshare\ton\tJune\t28,\t2010\tas\tadjusted\tto\tgive\teffect\tto\tthe\tthree-for-one\tstock\tsplit\teffected\tin\tthe\nform\tof\ta\tstock\tdividend\tin\tAugust\t2022\t(the\t“2022\tStock\tSplit”)\tand\tthe\tfive-for-one\tstock\tsplit\teffected\tin\tthe\tform\tof\ta\tstock\tdividend\tin\tAugust\t2020\n(the\t“2020\tStock\tSplit”).\nHolders\nAs\tof\tJanuary\t22,\t2024,\tthere\twere\t9,300\tholders\tof\trecord\tof\tour\tcommon\tstock.\tA\tsubstantially\tgreater\tnumber\tof\tholders\tof\tour\tcommon\tstock\tare\n“street\tname”\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\tforeseeable\nfuture.\tAny\tfuture\tdetermination\tto\tdeclare\tcash\tdividends\twill\tbe\tmade\tat\tthe\tdiscretion\tof\tour\tboard\tof\tdirectors,\tsubject\tto\tapplicable\tlaws,\tand\twill\ndepend\ton\tour\tfinancial\tcondition,\tresults\tof\toperations,\tcapital\trequirements,\tgeneral\tbusiness\tconditions\tand\tother\tfactors\tthat\tour\tboard\tof\tdirectors\nmay\tdeem\trelevant.\nStock\tPerformance\tGraph\nThis\tperformance\tgraph\tshall\tnot\tbe\tdeemed\t“filed”\tfor\tpurposes\tof\tSection\t18\tof\tthe\tSecurities\tExchange\tAct\tof\t1934,\tas\tamended\t(the\t“Exchange\nAct”),\tor\tincorporated\tby\treference\tinto\tany\tfiling\tof\tTesla,\tInc.\tunder\tthe\tSecurities\tAct\tof\t1933,\tas\tamended\t(the\t“Securities\tAct”),\tor\tthe\tExchange\tAct,\nexcept\tas\tshall\tbe\texpressly\tset\tforth\tby\tspecific\treference\tin\tsuch\tfiling.\nThe\tfollowing\tgraph\tshows\ta\tcomparison,\tfrom\tJanuary\t1,\t2019\tthrough\tDecember\t31,\t2023,\tof\tthe\tcumulative\ttotal\treturn\ton\tour\tcommon\tstock,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 32, "lines": { "from": 1, "to": 21 } } } }, { "pageContent": "The\tNASDAQ\tComposite\tIndex\tand\ta\tgroup\tof\tall\tpublic\tcompanies\tsharing\tthe\tsame\tSIC\tcode\tas\tus,\twhich\tis\tSIC\tcode\t3711,\t“Motor\tVehicles\tand\nPassenger\tCar\tBodies”\t(Motor\tVehicles\tand\tPassenger\tCar\tBodies\tPublic\tCompany\tGroup).\tSuch\treturns\tare\tbased\ton\thistorical\tresults\tand\tare\tnot\nintended\tto\tsuggest\tfuture\tperformance.\tData\tfor\tThe\tNASDAQ\tComposite\tIndex\tand\tthe\tMotor\tVehicles\tand\tPassenger\tCar\tBodies\tPublic\tCompany\tGroup\nassumes\tan\tinvestment\tof\t$100\ton\tJanuary\t1,\t2019\tand\treinvestment\tof\tdividends.\tWe\thave\tnever\tdeclared\tor\tpaid\tcash\tdividends\ton\tour\tcommon\tstock\nnor\tdo\twe\tanticipate\tpaying\tany\tsuch\tcash\tdividends\tin\tthe\tforeseeable\tfuture.\n31", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 32, "lines": { "from": 22, "to": 27 } } } }, { "pageContent": "Unregistered\tSales\tof\tEquity\tSecurities\tand\tUse\tof\tProceeds\nNone.\nPurchases\tof\tEquity\tSecurities\tby\tthe\tIssuer\tand\tAffiliated\tPurchasers\nNone.\nITEM\t6.\t[RESERVED]\n32", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 33, "lines": { "from": 1, "to": 6 } } } }, { "pageContent": "ITEM\t7.\tMANAGEMENT’S\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\nelsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\tFor\tfurther\tdiscussion\tof\tour\tproducts\tand\tservices,\ttechnology\tand\tcompetitive\tstrengths,\trefer\tto\tItem\t1-\nBusiness.\tFor\tdiscussion\trelated\tto\tchanges\tin\tfinancial\tcondition\tand\tthe\tresults\tof\toperations\tfor\tfiscal\tyear\t2022-related\titems,\trefer\tto\tPart\tII,\tItem\t7.\nManagement’s\tDiscussion\tand\tAnalysis\tof\tFinancial\tCondition\tand\tResults\tof\tOperations\tin\tour\tAnnual\tReport\ton\tForm\t10-K\tfor\tfiscal\tyear\t2022,\twhich\twas\nfiled\twith\tthe\tSecurities\tand\tExchange\tCommission\ton\tJanuary\t31,\t2023.\nOverview\tand\t2023\tHighlights\nOur\tmission\tis\tto\taccelerate\tthe\tworld’s\ttransition\tto\tsustainable\tenergy.\tWe\tdesign,\tdevelop,\tmanufacture,\tlease\tand\tsell\thigh-performance\tfully\nelectric\tvehicles,\tsolar\tenergy\tgeneration\tsystems\tand\tenergy\tstorage\tproducts.\tWe\talso\toffer\tmaintenance,\tinstallation,\toperation,\tcharging,\tinsurance,\nfinancial\tand\tother\tservices\trelated\tto\tour\tproducts.\tAdditionally,\twe\tare\tincreasingly\tfocused\ton\tproducts\tand\tservices\tbased\ton\tartificial\tintelligence,\nrobotics\tand\tautomation.\nIn\t2023,\twe\tproduced\t1,845,985\tconsumer\tvehicles\tand\tdelivered\t1,808,581\tconsumer\tvehicles.\tWe\tare\tcurrently\tfocused\ton\tincreasing\tvehicle\nproduction,\tcapacity\tand\tdelivery\tcapabilities,\treducing\tcosts,\timproving\tand\tdeveloping\tour\tvehicles\tand\tbattery\ttechnologies,\tvertically\tintegrating\tand\nlocalizing\tour\tsupply\tchain,\timproving\tand\tfurther\tdeploying\tour\tFSD\tcapabilities,\tincreasing\tthe\taffordability\tand\tefficiency\tof\tour\tvehicles,\tbringing\tnew\nproducts\tto\tmarket\tand\texpanding\tour\tglobal\tinfrastructure,\tincluding\tour\tservice\tand\tcharging\tinfrastructure.\nIn\t2023,\twe\tdeployed\t14.72\tGWh\tof\tenergy\tstorage\tproducts\tand\t223\tmegawatts\tof\tsolar\tenergy\tsystems.\tWe\tare\tcurrently\tfocused\ton\tramping", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 34, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "production\tof\tenergy\tstorage\tproducts,\timproving\tour\tSolar\tRoof\tinstallation\tcapability\tand\tefficiency,\tand\tincreasing\tmarket\tshare\tof\tretrofit\tsolar\tenergy\nsystems.\nIn\t2023,\twe\trecognized\ttotal\trevenues\tof\t$96.77\tbillion,\trepresenting\tan\tincrease\tof\t$15.31\tbillion,\tcompared\tto\tthe\tprior\tyear.\tWe\tcontinue\tto\tramp\nproduction,\tbuild\tnew\tmanufacturing\tcapacity\tand\texpand\tour\toperations\tto\tenable\tincreased\tdeliveries\tand\tdeployments\tof\tour\tproducts,\tand\tinvest\tin\nresearch\tand\tdevelopment\tto\taccelerate\tour\tAI,\tsoftware\tand\tfleet-based\tprofits\tfor\tfurther\trevenue\tgrowth.\nIn\t2023,\tour\tnet\tincome\tattributable\tto\tcommon\tstockholders\twas\t$15.00\tbillion,\trepresenting\ta\tfavorable\tchange\tof\t$2.44\tbillion,\tcompared\tto\tthe\nprior\tyear.\tThis\tincluded\ta\tone-time\tnon-cash\ttax\tbenefit\tof\t$5.93\tbillion\tfor\tthe\trelease\tof\tvaluation\tallowance\ton\tcertain\tdeferred\ttax\tassets.\tWe\tcontinue\nto\tfocus\ton\tfurther\tcost\treductions\tand\toperational\tefficiencies\twhile\tmaximizing\tdelivery\tvolumes.\nWe\tended\t2023\twith\t$29.09\tbillion\tin\tcash\tand\tcash\tequivalents\tand\tinvestments,\trepresenting\tan\tincrease\tof\t$6.91\tbillion\tfrom\tthe\tend\tof\t2022.\nOur\tcash\tflows\tprovided\tby\toperating\tactivities\tin\t2023\tand\t2022\twere\t$13.26\tbillion\tand\t$14.72\tbillion,\trespectively,\trepresenting\ta\tdecrease\tof\t$1.47\nbillion.\tCapital\texpenditures\tamounted\tto\t$8.90\tbillion\tin\t2023,\tcompared\tto\t$7.16\tbillion\tin\t2022,\trepresenting\tan\tincrease\tof\t$1.74\tbillion.\tSustained\ngrowth\thas\tallowed\tour\tbusiness\tto\tgenerally\tfund\titself,\tand\twe\twill\tcontinue\tinvesting\tin\ta\tnumber\tof\tcapital-intensive\tprojects\tand\tresearch\tand\ndevelopment\tin\tupcoming\tperiods.\n33", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 34, "lines": { "from": 17, "to": 30 } } } }, { "pageContent": "Management\tOpportunities,\tChallenges\tand\tUncertainties\tand\t2024\tOutlook\nAutomotive—Production\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\ndate\tof\tthis\tAnnual\tReport\ton\tForm\t10-K:\nProduction\tLocationVehicle\tModel(s)Production\tStatus\nFremont\tFactoryModel\tS\t/\tModel\tXActive\n\tModel\t3\t/\tModel\tYActive\nGigafactory\tShanghaiModel\t3\t/\tModel\tYActive\nGigafactory\tBerlin-BrandenburgModel\tYActive\nGigafactory\tTexasModel\tYActive\n\tCybertruckActive\nGigafactory\tNevadaTesla\tSemiPilot\tproduction\nVariousNext\tGeneration\tPlatformIn\tdevelopment\nTBDTesla\tRoadsterIn\tdevelopment\nWe\tare\tfocused\ton\tgrowing\tour\tmanufacturing\tcapacity,\twhich\tincludes\tcapacity\tfor\tmanufacturing\tnew\tvehicle\tmodels\tsuch\tas\tour\tCybertruck\tand\nnext\tgeneration\tplatform,\tand\tramping\tall\tof\tour\tproduction\tvehicles\tto\ttheir\tinstalled\tproduction\tcapacities\tas\twell\tas\tincreasing\tproduction\trate\tand\nefficiency\tat\tour\tcurrent\tfactories.\tThe\tnext\tphase\tof\tproduction\tgrowth\twill\tdepend\ton\tthe\tcontinued\tramp\tat\tour\tfactories\tand\tthe\tintroduction\tof\tour\nnext\tgeneration\tplatform,\tas\twell\tas\tour\tability\tto\tadd\tto\tour\tavailable\tsources\tof\tbattery\tcell\tsupply\tby\tmanufacturing\tour\town\tcells\tthat\twe\tare\ndeveloping\tto\thave\thigh-volume\toutput,\tlower\tcapital\tand\tproduction\tcosts\tand\tlonger\trange.\tOur\tgoals\tare\tto\timprove\tvehicle\tperformance,\tdecrease\nproduction\tcosts\tand\tincrease\taffordability\tand\tcustomer\tawareness.\nThese\tplans\tare\tsubject\tto\tuncertainties\tinherent\tin\testablishing\tand\tramping\tmanufacturing\toperations,\twhich\tmay\tbe\texacerbated\tby\tnew\tproduct\nand\tmanufacturing\ttechnologies\twe\tintroduce,\tthe\tnumber\tof\tconcurrent\tinternational\tprojects,\tany\tindustry-wide\tcomponent\tconstraints,\tlabor\tshortages\nand\tany\tfuture\timpact\tfrom\tevents\toutside\tof\tour\tcontrol.\tFor\texample,\tduring\tthe\tthird\tquarter\tof\t2023,\twe\texperienced\ta\tsequential\tdecline\tin", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 35, "lines": { "from": 1, "to": 23 } } } }, { "pageContent": "production\tvolumes\tdue\tto\tpre-planned\tshutdowns\tfor\tupgrades\tat\tvarious\tfactories.\tMoreover,\twe\thave\tset\tambitious\ttechnological\ttargets\twith\tour\nplans\tfor\tbattery\tcells\tas\twell\tas\tfor\titerative\tmanufacturing\tand\tdesign\timprovements\tfor\tour\tvehicles\twith\teach\tnew\tfactory.\nAutomotive—Demand,\tSales,\tDeliveries\tand\tInfrastructure\nOur\tcost\treduction\tefforts,\tcost\tinnovation\tstrategies,\tand\tadditional\tlocalized\tprocurement\tand\tmanufacturing\tare\tkey\tto\tour\tvehicles’\taffordability\nand\thave\tallowed\tus\tto\tcompetitively\tprice\tour\tvehicles.\tWe\twill\talso\tcontinue\tto\tgenerate\tdemand\tand\tbrand\tawareness\tby\timproving\tour\tvehicles’\nperformance\tand\tfunctionality,\tincluding\tthrough\tproducts\tbased\ton\tartificial\tintelligence\tsuch\tas\tAutopilot,\tFSD\tCapability,\tand\tother\tsoftware\tfeatures\nand\tdelivering\tnew\tvehicles,\tsuch\tas\tour\tCybertruck.\tMoreover,\twe\texpect\tto\tcontinue\tto\tbenefit\tfrom\tongoing\telectrification\tof\tthe\tautomotive\tsector\tand\nincreasing\tenvironmental\tregulations\tand\tinitiatives.\nHowever,\twe\toperate\tin\ta\tcyclical\tindustry\tthat\tis\tsensitive\tto\tpolitical\tand\tregulatory\tuncertainty,\tincluding\twith\trespect\tto\ttrade\tand\tthe\nenvironment,\tall\tof\twhich\tcan\tbe\tcompounded\tby\tinflationary\tpressures,\trising\tenergy\tprices,\tinterest\trate\tfluctuations\tand\tthe\tliquidity\tof\tenterprise\ncustomers.\tFor\texample,\tinflationary\tpressures\thave\tincreased\tacross\tthe\tmarkets\tin\twhich\twe\toperate.\tIn\tan\teffort\tto\tcurb\tthis\ttrend,\tcentral\tbanks\tin\ndeveloped\tcountries\traised\tinterest\trates\trapidly\tand\tsubstantially,\timpacting\tthe\taffordability\tof\tvehicle\tlease\tand\tfinance\tarrangements.\tFurther,\tsales\tof\nvehicles\tin\tthe\tautomotive\tindustry\talso\ttend\tto\tbe\tcyclical\tin\tmany\tmarkets,\twhich\tmay\texpose\tus\tto\tincreased\tvolatility\tas\twe\texpand\tand\tadjust\tour\noperations.\tMoreover,\tas\tadditional\tcompetitors\tenter\tthe\tmarketplace\tand\thelp\tbring\tthe\tworld\tcloser\tto\tsustainable\ttransportation,\twe\twill\thave\tto", 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"adjust\tand\tcontinue\tto\texecute\twell\tto\tmaintain\tour\tmomentum.\tAdditionally,\tour\tsuppliers’\tliquidity\tand\tallocation\tplans\tmay\tbe\taffected\tby\tcurrent\nchallenges\tin\tthe\tNorth\tAmerican\tautomotive\tindustry,\twhich\tcould\treduce\tour\taccess\tto\tcomponents\tor\tresult\tin\tunfavorable\tchanges\tto\tcost.\tThese\nmacroeconomic\tand\tindustry\ttrends\thave\thad,\tand\twill\tlikely\tcontinue\tto\thave,\tan\timpact\ton\tthe\tpricing\tof,\tand\torder\trate\tfor\tour\tvehicles,\tand\tin\tturn\tour\noperating\tmargin.\tChanges\tin\tgovernment\tand\teconomic\tincentives\tin\trelation\tto\telectric\tvehicles\tmay\talso\timpact\tour\tsales.\tWe\twill\tcontinue\tto\tadjust\naccordingly\tto\tsuch\tdevelopments,\tand\twe\tbelieve\tour\tongoing\tcost\treduction,\tincluding\timproved\tproduction\tinnovation\tand\tefficiency\tat\tour\tnewest\nfactories\tand\tlower\tlogistics\tcosts,\tand\tfocus\ton\toperating\tleverage\twill\tcontinue\tto\tbenefit\tus\tin\trelation\tto\tour\tcompetitors,\twhile\tour\tnew\tproducts\twill\nhelp\tenable\tfuture\tgrowth.\n34", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 35, "lines": { "from": 38, "to": 45 } } } }, { "pageContent": "As\tour\tproduction\tincreases,\twe\tmust\twork\tconstantly\tto\tsimilarly\tincrease\tvehicle\tdelivery\tcapability\tso\tthat\tit\tdoes\tnot\tbecome\ta\tbottleneck\ton\tour\ntotal\tdeliveries.\tWe\tare\talso\tcommitted\tto\treducing\tthe\tpercentage\tof\tvehicles\tdelivered\tin\tthe\tthird\tmonth\tof\teach\tquarter,\twhich\twill\thelp\tto\treduce\tthe\ncost\tper\tvehicle.\tAs\twe\texpand\tour\tmanufacturing\toperations\tglobally,\twe\twill\talso\thave\tto\tcontinue\tto\tincrease\tand\tstaff\tour\tdelivery,\tservicing\tand\ncharging\tinfrastructure\taccordingly,\tmaintain\tour\tvehicle\treliability\tand\toptimize\tour\tSupercharger\tlocations\tto\tensure\tcost\teffectiveness\tand\tcustomer\nsatisfaction.\tIn\tparticular,\tas\tother\tautomotive\tmanufacturers\thave\tannounced\ttheir\tadoption\tof\tthe\tNorth\tAmerican\tCharging\tStandard\t(“NACS”)\tand\nagreements\twith\tus\tto\tutilize\tour\tSuperchargers,\twe\tmust\tcorrespondingly\texpand\tour\tnetwork\tin\torder\tto\tensure\tadequate\tavailability\tto\tmeet\tcustomer\ndemands.\tWe\talso\tremain\tfocused\ton\tcontinued\tenhancements\tof\tthe\tcapability\tand\tefficiency\tof\tour\tservicing\toperations.\nEnergy\tGeneration\tand\tStorage\tDemand,\tProduction\tand\tDeployment\nThe\tlong-term\tsuccess\tof\tthis\tbusiness\tis\tdependent\tupon\tincreasing\tmargins\tthrough\tgreater\tvolumes.\tWe\tcontinue\tto\tincrease\tthe\tproduction\tof\nour\tenergy\tstorage\tproducts\tto\tmeet\thigh\tlevels\tof\tdemand,\tincluding\tthe\tconstruction\tof\ta\tnew\tMegafactory\tin\tShanghai\tand\tthe\tongoing\tramp\tat\tour\nMegafactory\tin\tLathrop,\tCalifornia.\tFor\tMegapack,\tenergy\tstorage\tdeployments\tcan\tvary\tmeaningfully\tquarter\tto\tquarter\tdepending\ton\tthe\ttiming\tof\nspecific\tproject\tmilestones.\tWe\tremain\tcommitted\tto\tgrowing\tour\tretrofit\tsolar\tenergy\tbusiness\tby\toffering\ta\tlow-cost\tand\tsimplified\tonline\tordering\nexperience.\tIn\taddition,\twe\tcontinue\tto\tseek\tto\timprove\tour\tinstallation\tcapabilities\tand\tprice\tefficiencies\tfor\tSolar\tRoof.\tAs\tthese\tproduct\tlines\tgrow,\twe\nwill\thave\tto\tmaintain\tadequate\tbattery\tcell\tsupply\tfor\tour\tenergy\tstorage\tproducts\tand\tensure\tthe\tavailability\tof\tqualified\tpersonnel,\tparticularly\tskilled", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 36, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "electricians,\tto\tsupport\tthe\tramp\tof\tSolar\tRoof.\nCash\tFlow\tand\tCapital\tExpenditure\tTrends\nOur\tcapital\texpenditures\tare\ttypically\tdifficult\tto\tproject\tbeyond\tthe\tshort-term\tgiven\tthe\tnumber\tand\tbreadth\tof\tour\tcore\tprojects\tat\tany\tgiven\ttime,\nand\tmay\tfurther\tbe\timpacted\tby\tuncertainties\tin\tfuture\tglobal\tmarket\tconditions.\tWe\tare\tsimultaneously\tramping\tnew\tproducts,\tbuilding\tor\tramping\nmanufacturing\tfacilities\ton\tthree\tcontinents,\tpiloting\tthe\tdevelopment\tand\tmanufacture\tof\tnew\tbattery\tcell\ttechnologies,\texpanding\tour\tSupercharger\nnetwork\tand\tinvesting\tin\tautonomy\tand\tother\tartificial\tintelligence\tenabled\ttraining\tand\tproducts,\tand\tthe\tpace\tof\tour\tcapital\tspend\tmay\tvary\tdepending\non\toverall\tpriority\tamong\tprojects,\tthe\tpace\tat\twhich\twe\tmeet\tmilestones,\tproduction\tadjustments\tto\tand\tamong\tour\tvarious\tproducts,\tincreased\tcapital\nefficiencies\tand\tthe\taddition\tof\tnew\tprojects.\tOwing\tand\tsubject\tto\tthe\tforegoing\tas\twell\tas\tthe\tpipeline\tof\tannounced\tprojects\tunder\tdevelopment,\tall\nother\tcontinuing\tinfrastructure\tgrowth\tand\tvarying\tlevels\tof\tinflation,\twe\tcurrently\texpect\tour\tcapital\texpenditures\tto\texceed\t$10.00\tbillion\tin\t2024\tand\tbe\nbetween\t$8.00\tto\t$10.00\tbillion\tin\teach\tof\tthe\tfollowing\ttwo\tfiscal\tyears.\nOur\tbusiness\thas\tbeen\tconsistently\tgenerating\tcash\tflow\tfrom\toperations\tin\texcess\tof\tour\tlevel\tof\tcapital\tspend,\tand\twith\tbetter\tworking\tcapital\nmanagement\tresulting\tin\tshorter\tdays\tsales\toutstanding\tthan\tdays\tpayable\toutstanding,\tour\tsales\tgrowth\tis\talso\tgenerally\tfacilitating\tpositive\tcash\ngeneration.\tWe\thave\tand\twill\tcontinue\tto\tutilize\tsuch\tcash\tflows,\tamong\tother\tthings,\tto\tdo\tmore\tvertical\tintegration,\texpand\tour\tproduct\troadmap\tand\nprovide\tfinancing\toptions\tto\tour\tcustomers.\tAt\tthe\tsame\ttime,\twe\tare\tlikely\tto\tsee\theightened\tlevels\tof\tcapital\texpenditures\tduring\tcertain\tperiods\ndepending\ton\tthe\tspecific\tpace\tof\tour\tcapital-intensive\tprojects\tand\tother\tpotential\tvariables\tsuch\tas\trising\tmaterial\tprices\tand\tincreases\tin\tsupply\tchain", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 36, "lines": { "from": 15, "to": 29 } } } }, { "pageContent": "and\tlabor\texpenses\tresulting\tfrom\tchanges\tin\tglobal\ttrade\tconditions\tand\tlabor\tavailability.\tOverall,\twe\texpect\tour\tability\tto\tbe\tself-funding\tto\tcontinue\tas\nlong\tas\tmacroeconomic\tfactors\tsupport\tcurrent\ttrends\tin\tour\tsales.\nCritical\tAccounting\tPolicies\tand\tEstimates\nThe\tconsolidated\tfinancial\tstatements\tare\tprepared\tin\taccordance\twith\taccounting\tprinciples\tgenerally\taccepted\tin\tthe\tU.S.\t(“GAAP”).\tThe\npreparation\tof\tthe\tconsolidated\tfinancial\tstatements\trequires\tus\tto\tmake\testimates\tand\tassumptions\tthat\taffect\tthe\treported\tamounts\tof\tassets,\tliabilities,\nrevenues,\tcosts\tand\texpenses\tand\trelated\tdisclosures.\tWe\tbase\tour\testimates\ton\thistorical\texperience,\tas\tappropriate,\tand\ton\tvarious\tother\tassumptions\nthat\twe\tbelieve\tto\tbe\treasonable\tunder\tthe\tcircumstances.\tChanges\tin\tthe\taccounting\testimates\tare\treasonably\tlikely\tto\toccur\tfrom\tperiod\tto\tperiod.\nAccordingly,\tactual\tresults\tcould\tdiffer\tsignificantly\tfrom\tthe\testimates\tmade\tby\tour\tmanagement.\tWe\tevaluate\tour\testimates\tand\tassumptions\ton\tan\nongoing\tbasis.\tTo\tthe\textent\tthat\tthere\tare\tmaterial\tdifferences\tbetween\tthese\testimates\tand\tactual\tresults,\tour\tfuture\tfinancial\tstatement\tpresentation,\nfinancial\tcondition,\tresults\tof\toperations\tand\tcash\tflows\tmay\tbe\taffected.\n35", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 36, "lines": { "from": 30, "to": 40 } } } }, { "pageContent": "The\testimates\tused\tfor,\tbut\tnot\tlimited\tto,\tdetermining\tsignificant\teconomic\tincentive\tfor\tresale\tvalue\tguarantee\tarrangements,\tsales\treturn\nreserves,\tthe\tcollectability\tof\taccounts\tand\tfinancing\treceivables,\tinventory\tvaluation,\twarranties,\tfair\tvalue\tof\tlong-lived\tassets,\tgoodwill,\tfair\tvalue\tof\nfinancial\tinstruments,\tfair\tvalue\tand\tresidual\tvalue\tof\toperating\tlease\tvehicles\tand\tsolar\tenergy\tsystems\tsubject\tto\tleases\tcould\tbe\timpacted.\tWe\thave\nassessed\tthe\timpact\tand\tare\tnot\taware\tof\tany\tspecific\tevents\tor\tcircumstances\tthat\trequired\tan\tupdate\tto\tour\testimates\tand\tassumptions\tor\tmaterially\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\nevents\toccur\tand\tadditional\tinformation\tis\tobtained.\tActual\tresults\tcould\tdiffer\tmaterially\tfrom\tthese\testimates\tunder\tdifferent\tassumptions\tor\tconditions.\nRevenue\tRecognition\nAutomotive\tSales\nAutomotive\tsales\trevenue\tincludes\trevenues\trelated\tto\tcash\tand\tfinancing\tdeliveries\tof\tnew\tvehicles,\tand\tspecific\tother\tfeatures\tand\tservices\tthat\nmeet\tthe\tdefinition\tof\ta\tperformance\tobligation\tunder\tAccounting\tStandards\tCodification\t(“ASC”)\t606,\tRevenue\tfrom\tContracts\twith\tCustomers\t(“ASC\n606”),\tincluding\taccess\tto\tour\tFSD\tCapability\tfeatures\tand\ttheir\tongoing\tmaintenance,\tinternet\tconnectivity,\tfree\tSupercharging\tprograms\tand\tover-the-\nair\tsoftware\tupdates.\tWe\trecognize\trevenue\ton\tautomotive\tsales\tupon\tdelivery\tto\tthe\tcustomer,\twhich\tis\twhen\tthe\tcontrol\tof\ta\tvehicle\ttransfers.\nPayments\tare\ttypically\treceived\tat\tthe\tpoint\tcontrol\ttransfers\tor\tin\taccordance\twith\tpayment\tterms\tcustomary\tto\tthe\tbusiness,\texcept\tsales\twe\tfinance\tfor\nwhich\tpayments\tare\tcollected\tover\tthe\tcontractual\tloan\tterm.\tWe\talso\trecognize\ta\tsales\treturn\treserve\tbased\ton\thistorical\texperience\tplus\tconsideration\nfor\texpected\tfuture\tmarket\tvalues,\twhen\twe\toffer\tresale\tvalue\tguarantees\tor\tsimilar\tbuyback\tterms.\tOther\tfeatures\tand\tservices\tsuch\tas\taccess\tto\tour", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 37, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "internet\tconnectivity,\tunlimited\tfree\tSupercharging\tand\tover-the-air\tsoftware\tupdates\tare\tprovisioned\tupon\tcontrol\ttransfer\tof\ta\tvehicle\tand\trecognized\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\nincentives\tare\trecognized\tbased\ton\tactual\tusage\tor\texpiration,\twhichever\tis\tearlier.\tWe\trecognize\trevenue\trelated\tto\tthese\tother\tfeatures\tand\tservices\nover\tthe\tperformance\tperiod,\twhich\tis\tgenerally\tthe\texpected\townership\tlife\tof\tthe\tvehicle.\tRevenue\trelated\tto\tFSD\tCapability\tfeatures\tis\trecognized\twhen\nfunctionality\tis\tdelivered\tto\tthe\tcustomer\tand\ttheir\tongoing\tmaintenance\tis\trecognized\tover\ttime.\tFor\tour\tobligations\trelated\tto\tautomotive\tsales,\twe\nestimate\tstandalone\tselling\tprice\tby\tconsidering\tcosts\tused\tto\tdevelop\tand\tdeliver\tthe\tservice,\tthird-party\tpricing\tof\tsimilar\toptions\tand\tother\tinformation\nthat\tmay\tbe\tavailable.\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\napproximates\tactual\tcost\ton\ta\tfirst-in,\tfirst-out\tbasis.\tWe\trecord\tinventory\twrite-downs\tfor\texcess\tor\tobsolete\tinventories\tbased\tupon\tassumptions\tabout\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.\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.\nOnce\tinventory\tis\twritten-down,\ta\tnew,\tlower\tcost\tbasis\tfor\tthat\tinventory\tis\testablished\tand\tsubsequent\tchanges\tin\tfacts\tand\tcircumstances\tdo\tnot\tresult\nin\tthe\trestoration\tor\tincrease\tin\tthat\tnewly\testablished\tcost\tbasis.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 37, "lines": { "from": 16, "to": 30 } } } }, { "pageContent": "Should\tour\testimates\tof\tfuture\tselling\tprices\tor\tproduction\tcosts\tchange,\tadditional\tand\tpotentially\tmaterial\twrite-downs\tmay\tbe\trequired.\tA\tsmall\nchange\tin\tour\testimates\tmay\tresult\tin\ta\tmaterial\tcharge\tto\tour\treported\tfinancial\tresults.\n36", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 37, "lines": { "from": 31, "to": 33 } } } }, { "pageContent": "Warranties\nWe\tprovide\ta\tmanufacturer’s\twarranty\ton\tall\tnew\tand\tused\tvehicles\tand\ta\twarranty\ton\tthe\tinstallation\tand\tcomponents\tof\tthe\tenergy\tgeneration\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\nbest\testimate\tof\tthe\tprojected\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranties\tand\trecalls\tif\tidentified.\tThese\testimates\tare\tbased\ton\tactual\tclaims\nincurred\tto\tdate\tand\tan\testimate\tof\tthe\tnature,\tfrequency\tand\tcosts\tof\tfuture\tclaims.\tThese\testimates\tare\tinherently\tuncertain\tand\tchanges\tto\tour\nhistorical\tor\tprojected\twarranty\texperience\tmay\tcause\tmaterial\tchanges\tto\tthe\twarranty\treserve\tin\tthe\tfuture.\tThe\twarranty\treserve\tdoes\tnot\tinclude\nprojected\twarranty\tcosts\tassociated\twith\tour\tvehicles\tsubject\tto\toperating\tlease\taccounting\tand\tour\tsolar\tenergy\tsystems\tunder\tlease\tcontracts\tor\tPPAs,\nas\tthe\tcosts\tto\trepair\tthese\twarranty\tclaims\tare\texpensed\tas\tincurred.\tThe\tportion\tof\tthe\twarranty\treserve\texpected\tto\tbe\tincurred\twithin\tthe\tnext\t12\nmonths\tis\tincluded\twithin\tAccrued\tliabilities\tand\tother,\twhile\tthe\tremaining\tbalance\tis\tincluded\twithin\tOther\tlong-term\tliabilities\ton\tthe\tconsolidated\nbalance\tsheets.\tFor\tliabilities\tthat\twe\tare\tentitled\tto\treceive\tindemnification\tfrom\tour\tsuppliers,\twe\trecord\treceivables\tfor\tthe\tcontractually\tobligated\namounts\ton\tthe\tconsolidated\tbalance\tsheets\tas\ta\tcomponent\tof\tPrepaid\texpenses\tand\tother\tcurrent\tassets\tfor\tthe\tcurrent\tportion\tand\tas\tOther\tnon-\ncurrent\tassets\tfor\tthe\tlong-term\tportion.\tWarranty\texpense\tis\trecorded\tas\ta\tcomponent\tof\tCost\tof\trevenues\tin\tthe\tconsolidated\tstatements\tof\toperations.\nDue\tto\tthe\tmagnitude\tof\tour\tautomotive\tbusiness,\tour\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(“RSUs”)\tgranted\tto\temployees\tand\tfor\tour\temployee", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 38, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "stock\tpurchase\tplan\t(the\t“ESPP”)\tto\tmeasure\tthe\tcost\tof\temployee\tservices\treceived\tin\texchange\tfor\tthe\tstock-based\tawards.\tThe\tfair\tvalue\tof\tstock\noption\tawards\twith\tonly\tservice\tand/or\tperformance\tconditions\tis\testimated\ton\tthe\tgrant\tor\toffering\tdate\tusing\tthe\tBlack-Scholes\toption-pricing\tmodel.\nThe\tBlack-Scholes\toption-pricing\tmodel\trequires\tinputs\tsuch\tas\tthe\trisk-free\tinterest\trate,\texpected\tterm\tand\texpected\tvolatility.\tThese\tinputs\tare\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\tour\ncommon\tstock.\tThe\tresulting\tcost\tis\trecognized\tover\tthe\tperiod\tduring\twhich\tan\temployee\tis\trequired\tto\tprovide\tservice\tin\texchange\tfor\tthe\tawards,\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\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\tindividual\nperformance\tmilestones\twhen\tthe\tachievement\tof\teach\tindividual\tperformance\tmilestone\tbecomes\tprobable.\nAs\twe\taccumulate\tadditional\temployee\tstock-based\tawards\tdata\tover\ttime\tand\tas\twe\tincorporate\tmarket\tdata\trelated\tto\tour\tcommon\tstock,\twe\tmay\ncalculate\tsignificantly\tdifferent\tvolatilities\tand\texpected\tlives,\twhich\tcould\tmaterially\timpact\tthe\tvaluation\tof\tour\tstock-based\tawards\tand\tthe\tstock-based\ncompensation\texpense\tthat\twe\twill\trecognize\tin\tfuture\tperiods.\tStock-based\tcompensation\texpense\tis\trecorded\tin\tCost\tof\trevenues,\tResearch\tand\ndevelopment\texpense\tand\tSelling,\tgeneral\tand\tadministrative\texpense\tin\tthe\tconsolidated\tstatements\tof\toperations.\nIncome\tTaxes\nWe\tare\tsubject\tto\tincome\ttaxes\tin\tthe\tU.S.\tand\tin\tmany\tforeign\tjurisdictions.\tSignificant\tjudgment\tis\trequired\tin\tdetermining\tour\tprovision\tfor", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 38, "lines": { "from": 16, "to": 30 } } } }, { "pageContent": "income\ttaxes,\tour\tdeferred\ttax\tassets\tand\tliabilities\tand\tany\tvaluation\tallowance\trecorded\tagainst\tour\tnet\tdeferred\ttax\tassets\tthat\tare\tnot\tmore\tlikely\nthan\tnot\tto\tbe\trealized.\tWe\tmonitor\tthe\trealizability\tof\tour\tdeferred\ttax\tassets\ttaking\tinto\taccount\tall\trelevant\tfactors\tat\teach\treporting\tperiod.\tIn\ncompleting\tour\tassessment\tof\trealizability\tof\tour\tdeferred\ttax\tassets,\twe\tconsider\tour\thistory\tof\tincome\t(loss)\tmeasured\tat\tpre-tax\tincome\t(loss)\tadjusted\nfor\tpermanent\tbook-tax\tdifferences\ton\ta\tjurisdictional\tbasis,\tvolatility\tin\tactual\tearnings,\texcess\ttax\tbenefits\trelated\tto\tstock-based\tcompensation\tin\nrecent\tprior\tyears,\tand\timpacts\tof\tthe\ttiming\tof\treversal\tof\texisting\ttemporary\tdifferences.\tWe\talso\trely\ton\tour\tassessment\tof\tthe\tCompany’s\tprojected\nfuture\tresults\tof\tbusiness\toperations,\tincluding\tuncertainty\tin\tfuture\toperating\tresults\trelative\tto\thistorical\tresults,\tvolatility\tin\tthe\tmarket\tprice\tof\tour\ncommon\tstock\tand\tits\tperformance\tover\ttime,\tvariable\tmacroeconomic\tconditions\timpacting\tour\tability\tto\tforecast\tfuture\ttaxable\tincome,\tand\tchanges\tin\nbusiness\tthat\tmay\taffect\tthe\texistence\tand\tmagnitude\tof\tfuture\ttaxable\tincome.\tOur\tvaluation\tallowance\tassessment\tis\tbased\ton\tour\tbest\testimate\tof\nfuture\tresults\tconsidering\tall\tavailable\tinformation.\n37", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 38, "lines": { "from": 31, "to": 40 } } } }, { "pageContent": "Furthermore,\tsignificant\tjudgment\tis\trequired\tin\tevaluating\tour\ttax\tpositions.\tIn\tthe\tordinary\tcourse\tof\tbusiness,\tthere\tare\tmany\ttransactions\tand\ncalculations\tfor\twhich\tthe\tultimate\ttax\tsettlement\tis\tuncertain.\tAs\ta\tresult,\twe\trecognize\tthe\teffect\tof\tthis\tuncertainty\ton\tour\ttax\tattributes\tor\ttaxes\npayable\tbased\ton\tour\testimates\tof\tthe\teventual\toutcome.\tThese\teffects\tare\trecognized\twhen,\tdespite\tour\tbelief\tthat\tour\ttax\treturn\tpositions\tare\nsupportable,\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\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\neffect\tin\tsuch\tjurisdictions.\tSuch\treturns\tare\tsubject\tto\taudit\tby\tthe\tvarious\tfederal,\tstate\tand\tforeign\ttaxing\tauthorities,\twho\tmay\tdisagree\twith\trespect\tto\nour\ttax\tpositions.\tWe\tbelieve\tthat\tour\tconsideration\tis\tadequate\tfor\tall\topen\taudit\tyears\tbased\ton\tour\tassessment\tof\tmany\tfactors,\tincluding\tpast\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\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\texpectations,\nsuch\tdifferences\tmay\timpact\tincome\ttax\texpense\tin\tthe\tperiod\tin\twhich\tsuch\tdetermination\tis\tmade.\nResults\tof\tOperations\nRevenues\n\tYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\nAutomotive\tsales$78,509\t$67,210\t$44,125\t$11,299\t17\t%$23,085\t52\t%\nAutomotive\tregulatory\tcredits1,790\t1,776\t1,465\t14\t1\t%311\t21\t%\nAutomotive\tleasing2,120\t2,476\t1,642\t(356)(14)%834\t51\t%\nTotal\tautomotive\trevenues82,419\t71,462\t47,232\t10,957\t15\t%24,230\t51\t%\nServices\tand\tother8,319\t6,091\t3,802\t2,228\t37\t%2,289\t60\t%\nTotal\tautomotive\t&\tservices\tand\tother\tsegment", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 39, "lines": { "from": 1, "to": 20 } } } }, { "pageContent": "Total\tautomotive\t&\tservices\tand\tother\tsegment\nrevenue90,738\t77,553\t51,034\t13,185\t17\t%26,519\t52\t%\nEnergy\tgeneration\tand\tstorage\tsegment\trevenue6,035\t3,909\t2,789\t2,126\t54\t%1,120\t40\t%\nTotal\trevenues\n$96,773\t$81,462\t$53,823\t$15,311\t\n19\t%\n$27,639\t\n51\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,\tModel\tY,\tand\nCybertruck\tvehicles,\tincluding\taccess\tto\tour\tFSD\tCapability\tfeatures\tand\ttheir\tongoing\tmaintenance,\tinternet\tconnectivity,\tfree\tSupercharging\tprograms\nand\tover-the-air\tsoftware\tupdates.\tThese\tdeliveries\tare\tvehicles\tthat\tare\tnot\tsubject\tto\tlease\taccounting.\nAutomotive\tregulatory\tcredits\tincludes\tsales\tof\tregulatory\tcredits\tto\tother\tautomotive\tmanufacturers.\tOur\trevenue\tfrom\tautomotive\tregulatory\ncredits\tis\tdirectly\trelated\tto\tour\tnew\tvehicle\tproduction,\tsales\tand\tpricing\tnegotiated\twith\tour\tcustomers.\tWe\tmonetize\tthem\tproactively\tas\tnew\tvehicles\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\nchanges\tin\tregulation\timpacting\tthe\tcredits.\nAutomotive\tleasing\trevenue\tincludes\tthe\tamortization\tof\trevenue\tfor\tvehicles\tunder\tdirect\toperating\tlease\tagreements.\tAdditionally,\tautomotive\nleasing\trevenue\tincludes\tdirect\tsales-type\tleasing\tprograms\twhere\twe\trecognize\tall\trevenue\tassociated\twith\tthe\tsales-type\tlease\tupon\tdelivery\tto\tthe\ncustomer.\nServices\tand\tother\trevenue\tconsists\tof\tsales\tof\tused\tvehicles,\tnon-warranty\tafter-sales\tvehicle\tservices,\tbody\tshop\tand\tparts,\tpaid\tSupercharging,\nvehicle\tinsurance\trevenue\tand\tretail\tmerchandise.\n2023\tcompared\tto\t2022\nAutomotive\tsales\trevenue\tincreased\t$11.30\tbillion,\tor\t17%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\n2022,\tprimarily\tdue\tto\tan\tincrease\tof\t473,382\tcombined\tModel\t3\tand\tModel\tY\tcash\tdeliveries\tfrom\tproduction\tramping\tof\tModel\tY\tglobally.\tThe\tincrease", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 39, "lines": { "from": 20, "to": 43 } } } }, { "pageContent": "was\tpartially\toffset\tby\ta\tlower\taverage\tselling\tprice\ton\tour\tvehicles\tdriven\tby\toverall\tprice\treductions\tyear\tover\tyear,\tsales\tmix,\tand\ta\tnegative\timpact\nfrom\tthe\tUnited\tStates\tdollar\tstrengthening\tagainst\tother\tforeign\tcurrencies\tin\tthe\tyear\tended\tDecember\t31,\t2023\tcompared\tto\tthe\tprior\tyear.\nAutomotive\tregulatory\tcredits\trevenue\tincreased\t$14\tmillion,\tor\t1%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022.\n38", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 39, "lines": { "from": 44, "to": 48 } } } }, { "pageContent": "Automotive\tleasing\trevenue\tdecreased\t$356\tmillion,\tor\t14%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\n2022.\tThe\tdecrease\twas\tprimarily\tdue\tto\ta\tdecrease\tin\tdirect\tsales-type\tleasing\trevenue\tdriven\tby\tlower\tdeliveries\tyear\tover\tyear,\tpartially\toffset\tby\tan\nincrease\tfrom\tour\tgrowing\tdirect\toperating\tlease\tportfolio.\nServices\tand\tother\trevenue\tincreased\t$2.23\tbillion,\tor\t37%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\n2022.\tThe\tincrease\twas\tprimarily\tdue\tto\thigher\tused\tvehicle\trevenue\tdriven\tby\tincreases\tin\tvolume,\tbody\tshop\tand\tpart\tsales\trevenue,\tnon-warranty\nmaintenance\tservices\trevenue,\tpaid\tSupercharging\trevenue\tand\tinsurance\tservices\trevenue,\tall\tof\twhich\tare\tprimarily\tattributable\tto\tour\tgrowing\tfleet.\nThe\tincreases\twere\tpartially\toffset\tby\ta\tdecrease\tin\tthe\taverage\tselling\tprice\tof\tused\tvehicles.\nEnergy\tGeneration\tand\tStorage\tSegment\nEnergy\tgeneration\tand\tstorage\trevenue\tincludes\tsales\tand\tleasing\tof\tsolar\tenergy\tgeneration\tand\tenergy\tstorage\tproducts,\tfinancing\tof\tsolar\tenergy\ngeneration\tproducts,\tservices\trelated\tto\tsuch\tproducts\tand\tsales\tof\tsolar\tenergy\tsystems\tincentives.\n2023\tcompared\tto\t2022\nEnergy\tgeneration\tand\tstorage\trevenue\tincreased\t$2.13\tbillion,\tor\t54%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022.\tThe\tincrease\twas\tprimarily\tdue\tto\tan\tincrease\tin\tdeployments\tof\tMegapack.\nCost\tof\tRevenues\tand\tGross\tMargin\nYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\nCost\tof\trevenues\nAutomotive\tsales$65,121\t$49,599\t$32,415\t$15,522\t31\t%$17,184\t53\t%\nAutomotive\tleasing1,268\t1,509\t978\t(241)(16)%531\t54\t%\nTotal\tautomotive\tcost\tof\trevenues66,389\t51,108\t33,393\t15,281\t30\t%17,715\t53\t%\nServices\tand\tother7,830\t5,880\t3,906\t1,950\t33\t%1,974\t51\t%\nTotal\tautomotive\t&\tservices\tand\tother\tsegment\ncost\tof\trevenues74,219\t56,988\t37,299\t17,231\t30\t%19,689\t53\t%", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 40, "lines": { "from": 1, "to": 23 } } } }, { "pageContent": "Energy\tgeneration\tand\tstorage\tsegment4,894\t3,621\t2,918\t1,273\t35\t%703\t24\t%\nTotal\tcost\tof\trevenues\n$79,113\t$60,609\t$40,217\t$18,504\t\n31\t%\n$20,392\t\n51\t%\nGross\tprofit\ttotal\tautomotive$16,030\t$20,354\t$13,839\t\nGross\tmargin\ttotal\tautomotive19.4\t%28.5\t%29.3\t%\nGross\tprofit\ttotal\tautomotive\t&\tservices\tand\tother\nsegment$16,519\t$20,565\t$13,735\t\nGross\tmargin\ttotal\tautomotive\t&\tservices\tand\tother\nsegment18.2\t%26.5\t%26.9\t%\nGross\tprofit\tenergy\tgeneration\tand\tstorage\tsegment$1,141\t$288\t$(129)\nGross\tmargin\tenergy\tgeneration\tand\tstorage\tsegment18.9\t%7.4\t%(4.6)%\nTotal\tgross\tprofit$17,660\t$20,853\t$13,606\t\nTotal\tgross\tmargin18.2\t%25.6\t%25.3\t%\n39", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 40, "lines": { "from": 24, "to": 40 } } } }, { "pageContent": "Automotive\t&\tServices\tand\tOther\tSegment\nCost\tof\tautomotive\tsales\trevenue\tincludes\tdirect\tand\tindirect\tmaterials,\tlabor\tcosts,\tmanufacturing\toverhead,\tincluding\tdepreciation\tcosts\tof\ttooling\nand\tmachinery,\tshipping\tand\tlogistic\tcosts,\tvehicle\tconnectivity\tcosts,\tFSD\tongoing\tmaintenance\tcosts,\tallocations\tof\telectricity\tand\tinfrastructure\tcosts\nrelated\tto\tour\tSupercharger\tnetwork\tand\treserves\tfor\testimated\twarranty\texpenses.\tCost\tof\tautomotive\tsales\trevenues\talso\tincludes\tadjustments\tto\nwarranty\texpense\tand\tcharges\tto\twrite\tdown\tthe\tcarrying\tvalue\tof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\tprovide\tfor\nobsolete\tand\ton-hand\tinventory\tin\texcess\tof\tforecasted\tdemand.\tAdditionally,\tcost\tof\tautomotive\tsales\trevenue\tbenefits\tfrom\tmanufacturing\tcredits\nearned.\nCost\tof\tautomotive\tleasing\trevenue\tincludes\tthe\tdepreciation\tof\toperating\tlease\tvehicles,\tcost\tof\tgoods\tsold\tassociated\twith\tdirect\tsales-type\tleases\nand\twarranty\texpense\trelated\tto\tleased\tvehicles.\nCosts\tof\tservices\tand\tother\trevenue\tincludes\tcost\tof\tused\tvehicles\tincluding\trefurbishment\tcosts,\tcosts\tassociated\twith\tproviding\tnon-warranty\nafter-sales\tservices,\tcosts\tassociated\twith\tour\tbody\tshops\tand\tpart\tsales,\tcosts\tof\tpaid\tSupercharging,\tcosts\tto\tprovide\tvehicle\tinsurance\tand\tcosts\tfor\nretail\tmerchandise.\n2023\tcompared\tto\t2022\nCost\tof\tautomotive\tsales\trevenue\tincreased\t$15.52\tbillion,\tor\t31%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022.\tCost\tof\tautomotive\tsales\trevenue\tincreased\tin\tline\twith\tthe\tchange\tin\tdeliveries\tyear\tover\tyear,\tas\tdiscussed\tabove.\tThe\tincrease\nwas\tpartially\toffset\tby\ta\tdecrease\tin\tthe\taverage\tcombined\tcost\tper\tunit\tof\tour\tvehicles\tprimarily\tdue\tto\tsales\tmix,\tlower\tinbound\tfreight,\ta\tdecrease\tin\nmaterial\tcosts\tand\tlower\tmanufacturing\tcosts\tfrom\tbetter\tfixed\tcost\tabsorption.\tOur\tcosts\tof\trevenue\twere\talso\tpositively\timpacted\tby\tthe\tUnited\tStates", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 41, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "dollar\tstrengthening\tagainst\tour\tforeign\tcurrencies\tas\tcompared\tto\tthe\tprior\tperiods\tand\tby\tthe\tIRA\tmanufacturing\tcredits\tearned\tduring\tthe\tcurrent\tyear.\nCost\tof\tautomotive\tleasing\trevenue\tdecreased\t$241\tmillion,\tor\t16%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022.\tThe\tdecrease\twas\tprimarily\tdue\tto\ta\tdecrease\tin\tdirect\tsales-type\tleasing\tcost\tof\trevenue\tdriven\tby\tlower\tdeliveries\tyear\tover\tyear.\nCost\tof\tservices\tand\tother\trevenue\tincreased\t$1.95\tbillion,\tor\t33%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022.\tThe\tincrease\twas\tgenerally\tin\tline\twith\tthe\tchanges\tin\tservices\tand\tother\trevenue\tas\tdiscussed\tabove.\nGross\tmargin\tfor\ttotal\tautomotive\tdecreased\tfrom\t28.5%\tto\t19.4%\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022.\tThe\tdecrease\twas\tprimarily\tdue\tto\ta\tlower\taverage\tselling\tprice\ton\tour\tvehicles\tpartially\toffset\tby\tthe\tfavorable\tchange\tin\tour\naverage\tcombined\tcost\tper\tunit\tof\tour\tvehicles\tand\tIRA\tmanufacturing\tcredits\tearned\tas\tdiscussed\tabove.\nGross\tmargin\tfor\ttotal\tautomotive\t&\tservices\tand\tother\tsegment\tdecreased\tfrom\t26.5%\tto\t18.2%\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\ncompared\tto\tthe\tyear\tended\tDecember\t31,\t2022,\tprimarily\tdue\tto\tthe\tautomotive\tgross\tmargin\tdecrease\tdiscussed\tabove.\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,\nother\toverhead\tcosts\tand\tamortization\tof\tcertain\tacquired\tintangible\tassets.\tCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\talso\tincludes\tcharges\tto\twrite\ndown\tthe\tcarrying\tvalue\tof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\tprovide\tfor\tobsolete\tand\ton-hand\tinventory\tin\texcess\nof\tforecasted\tdemand.\tAdditionally,\tcost\tof\tenergy\tgeneration\tand\tstorage\trevenue\tbenefits\tfrom\tmanufacturing\tcredits\tearned.\tIn\tagreements\tfor\tsolar", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 41, "lines": { "from": 18, "to": 32 } } } }, { "pageContent": "energy\tsystems\tand\tPPAs\twhere\twe\tare\tthe\tlessor,\tthe\tcost\tof\trevenue\tis\tprimarily\tcomprised\tof\tdepreciation\tof\tthe\tcost\tof\tleased\tsolar\tenergy\tsystems,\nmaintenance\tcosts\tassociated\twith\tthose\tsystems\tand\tamortization\tof\tany\tinitial\tdirect\tcosts.\n2023\tcompared\tto\t2022\nCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\tincreased\t$1.27\tbillion,\tor\t35%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\nended\tDecember\t31,\t2022,\tin\tline\twith\tthe\tincrease\tin\tMegapack\tdeployments\tyear\tover\tyear,\tas\tdiscussed\tabove.\tThis\tincrease\twas\tpartially\toffset\tby\tan\nimprovement\tin\tproduction\tramping\tthat\tdrove\tdown\tthe\taverage\tcost\tper\tMWh\tof\tMegapack\tas\twell\tas\tIRA\tmanufacturing\tcredits\tearned\tduring\tthe\ncurrent\tyear.\n40", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 41, "lines": { "from": 33, "to": 40 } } } }, { "pageContent": "Gross\tmargin\tfor\tenergy\tgeneration\tand\tstorage\tincreased\tfrom\t7.4%\tto\t18.9%\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\nended\tDecember\t31,\t2022.\tThe\tincrease\twas\tdriven\tby\tan\timprovement\tin\tour\tMegapack\tgross\tmargin\tfrom\tlower\taverage\tcost\tper\tMWh\tand\ta\thigher\nproportion\tof\tMegapack,\twhich\toperated\tat\ta\thigher\tgross\tmargin,\twithin\tthe\tsegment\tas\tcompared\tto\tthe\tprior\tyear\tperiods.\tAdditionally,\tthere\twas\ta\nmargin\tbenefit\tfrom\tIRA\tmanufacturing\tcredits\tearned.\nResearch\tand\tDevelopment\tExpense\nYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\nResearch\tand\tdevelopment\n$3,969\t$3,075\t$2,593\t$894\t29\t%$482\t19\t%\nAs\ta\tpercentage\tof\trevenues4\t%4\t%5\t%\nResearch\tand\tdevelopment\t(“R&D”)\texpenses\tconsist\tprimarily\tof\tpersonnel\tcosts\tfor\tour\tteams\tin\tengineering\tand\tresearch,\tmanufacturing\nengineering\tand\tmanufacturing\ttest\torganizations,\tprototyping\texpense,\tcontract\tand\tprofessional\tservices\tand\tamortized\tequipment\texpense.\nR&D\texpenses\tincreased\t$894\tmillion,\tor\t29%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2022.\tThe\noverall\tincrease\twas\tprimarily\tdriven\tby\tadditional\tcosts\tin\tthe\tcurrent\tyear\trelated\tto\tthe\tpre-production\tphase\tfor\tCybertruck,\tAI\tand\tother\tprograms.\nR&D\texpenses\tas\ta\tpercentage\tof\trevenue\tstayed\tconsistent\tat\t4%\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022.\tOur\tR&D\texpenses\thave\tincreased\tproportionately\twith\ttotal\trevenues\tas\twe\tcontinue\tto\texpand\tour\tproduct\troadmap\tand\ntechnologies.\nSelling,\tGeneral\tand\tAdministrative\tExpense\nYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\nSelling,\tgeneral\tand\tadministrative\n$4,800\t$3,946\t$4,517\t$854\t22\t%$(571)(13)%\nAs\ta\tpercentage\tof\trevenues5\t%5\t%8\t%\nSelling,\tgeneral\tand\tadministrative\t(“SG&A”)\texpenses\tgenerally\tconsist\tof\tpersonnel\tand\tfacilities\tcosts\trelated\tto\tour\tstores,\tmarketing,\tsales,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 42, "lines": { "from": 1, "to": 24 } } } }, { "pageContent": "executive,\tfinance,\thuman\tresources,\tinformation\ttechnology\tand\tlegal\torganizations,\tas\twell\tas\tfees\tfor\tprofessional\tand\tcontract\tservices\tand\tlitigation\nsettlements.\nSG&A\texpenses\tincreased\t$854\tmillion,\tor\t22%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2022.\tThis\twas\ndriven\tby\ta\t$447\tmillion\tincrease\tin\temployee\tand\tlabor\tcosts\tprimarily\tfrom\tincreased\theadcount,\tincluding\tprofessional\tservices\tand\ta\t$363\tmillion\nincrease\tin\tfacilities\trelated\texpenses.\nRestructuring\tand\tOther\nYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\nRestructuring\tand\tother\n$—\t$176\t$(27)$(176)(100)%$203\tNot\tmeaningful\nDuring\tthe\tyear\tended\tDecember\t31,\t2022,\twe\trecorded\tan\timpairment\tloss\tof\t$204\tmillion\tas\twell\tas\trealized\tgains\tof\t$64\tmillion\tin\tconnection\nwith\tconverting\tour\tholdings\tof\tdigital\tassets\tinto\tfiat\tcurrency.\tWe\talso\trecorded\tother\texpenses\tof\t$36\tmillion\tduring\tthe\tsecond\tquarter\tof\tthe\tyear\nended\tDecember\t31,\t2022,\trelated\tto\temployee\tterminations.\nInterest\tIncome\nYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\nInterest\tincome\n$1,066\t$297\t$56\t$769\t259\t%$241\t430\t%\n41", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 42, "lines": { "from": 25, "to": 43 } } } }, { "pageContent": "Interest\tincome\tincreased\t$769\tmillion,\tor\t259%,\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2022.\tThis\nincrease\twas\tprimarily\tdue\tto\thigher\tinterest\tearned\ton\tour\tcash\tand\tcash\tequivalents\tand\tshort-term\tinvestments\tin\tthe\tyear\tended\tDecember\t31,\t2023\nas\tcompared\tto\tthe\tprior\tyear\tdue\tto\trising\tinterest\trates\tand\tour\tincreasing\tportfolio\tbalance.\nOther\tIncome\t(Expense),\tNet\nYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\nOther\tincome\t(expense),\tnet$172\t$(43)$135\t$215\tNot\tmeaningful$(178)Not\tmeaningful\nOther\tincome\t(expense),\tnet,\tconsists\tprimarily\tof\tforeign\texchange\tgains\tand\tlosses\trelated\tto\tour\tforeign\tcurrency-denominated\tmonetary\tassets\nand\tliabilities.\tWe\texpect\tour\tforeign\texchange\tgains\tand\tlosses\twill\tvary\tdepending\tupon\tmovements\tin\tthe\tunderlying\texchange\trates.\nOther\tincome,\tnet,\tchanged\tfavorably\tby\t$215\tmillion\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\tDecember\t31,\t2022.\nThe\tfavorable\tchange\twas\tprimarily\tdue\tto\tfluctuations\tin\tforeign\tcurrency\texchange\trates\ton\tour\tintercompany\tbalances.\n(Benefit\tfrom)\tProvision\tfor\tIncome\tTaxes\nYear\tEnded\tDecember\t31,2023\tvs.\t2022\tChange2022\tvs.\t2021\tChange\n(Dollars\tin\tmillions)202320222021$%$%\n(Benefit\tfrom)\tprovision\tfor\tincome\ttaxes\n$(5,001)$1,132\t$699\t$(6,133)Not\tmeaningful$433\t62\t%\nEffective\ttax\trate(50)%8\t%11\t%\nWe\tmonitor\tthe\trealizability\tof\tour\tdeferred\ttax\tassets\ttaking\tinto\taccount\tall\trelevant\tfactors\tat\teach\treporting\tperiod.\tAs\tof\tDecember\t31,\t2023,\nbased\ton\tthe\trelevant\tweight\tof\tpositive\tand\tnegative\tevidence,\tincluding\tthe\tamount\tof\tour\ttaxable\tincome\tin\trecent\tyears\twhich\tis\tobjective\tand\nverifiable,\tand\tconsideration\tof\tour\texpected\tfuture\ttaxable\tearnings,\twe\tconcluded\tthat\tit\tis\tmore\tlikely\tthan\tnot\tthat\tour\tU.S.\tfederal\tand\tcertain\tstate", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 43, "lines": { "from": 1, "to": 20 } } } }, { "pageContent": "deferred\ttax\tassets\tare\trealizable.\tAs\tsuch,\twe\treleased\t$6.54\tbillion\tof\tour\tvaluation\tallowance\tassociated\twith\tthe\tU.S.\tfederal\tand\tstate\tdeferred\ttax\nassets,\twith\tthe\texception\tof\tour\tCalifornia\tdeferred\ttax\tassets.\tApproximately\t$5.93\tbillion\tof\tthe\ttotal\tvaluation\tallowance\trelease\twas\trelated\tto\ndeferred\ttax\tassets\tto\tbe\trealized\tin\tthe\tfuture\tyears\tand\tthe\tremainder\tbenefited\tus\tduring\tthe\tyear\tended\tDecember\t31,\t2023.\tWe\tcontinue\tto\tmaintain\na\tfull\tvaluation\tallowance\tagainst\tour\tCalifornia\tdeferred\ttax\tassets\tas\tof\tDecember\t31,\t2023,\tbecause\twe\tconcluded\tthey\tare\tnot\tmore\tlikely\tthan\tnot\tto\nbe\trealized\tas\twe\texpect\tour\tCalifornia\tdeferred\ttax\tassets\tgeneration\tin\tfuture\tyears\tto\texceed\tour\tability\tto\tuse\tthese\tdeferred\ttax\tassets.\nOur\t(benefit\tfrom)\tprovision\tfor\tincome\ttaxes\tchanged\tby\t$6.13\tbillion\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022,\tprimarily\tdue\tto\tthe\trelease\tof\t$6.54\tbillion\tof\tour\tvaluation\tallowance\tassociated\twith\tthe\tU.S.\tfederal\tand\tcertain\tstate\tdeferred\ttax\nassets.\nOur\teffective\ttax\trate\tchanged\tfrom\tan\texpense\tof\t8%\tto\ta\tbenefit\tof\t50%\tin\tthe\tyear\tended\tDecember\t31,\t2023\tas\tcompared\tto\tthe\tyear\tended\nDecember\t31,\t2022,\tprimarily\tdue\tto\tthe\trelease\tof\tthe\tvaluation\tallowance\tregarding\tour\tU.S.\tfederal\tand\tcertain\tstate\tdeferred\ttax\tassets.\nSee\tNote\t14,\tIncome\tTaxes,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\tfor\tfurther\tdetails.\nLiquidity\tand\tCapital\tResources\nWe\texpect\tto\tcontinue\tto\tgenerate\tnet\tpositive\toperating\tcash\tflow\tas\twe\thave\tdone\tin\tthe\tlast\tfive\tfiscal\tyears.\tThe\tcash\twe\tgenerate\tfrom\tour\tcore\noperations\tenables\tus\tto\tfund\tongoing\toperations\tand\tproduction,\tour\tresearch\tand\tdevelopment\tprojects\tfor\tnew\tproducts\tand\ttechnologies\tincluding\tour\nproprietary\tbattery\tcells,\tadditional\tmanufacturing\tramps\tat\texisting\tmanufacturing\tfacilities,\tthe\tconstruction\tof\tfuture\tfactories,\tand\tthe\tcontinued", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 43, "lines": { "from": 21, "to": 35 } } } }, { "pageContent": "expansion\tof\tour\tretail\tand\tservice\tlocations,\tbody\tshops,\tMobile\tService\tfleet,\tSupercharger,\tincluding\tto\tsupport\tNACS,\tenergy\tproduct\tinstallation\ncapabilities\tand\tautonomy\tand\tother\tartificial\tintelligence\tenabled\tproducts.\n42", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 43, "lines": { "from": 36, "to": 38 } } } }, { "pageContent": "In\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\ncapital\tand\toperating\texpenditures\tby\toperating\tsegment.\tFor\texample,\tif\tour\tnear-term\tmanufacturing\toperations\tdecrease\tin\tscale\tor\tramp\tmore\tslowly\nthan\texpected,\tincluding\tdue\tto\tglobal\teconomic\tor\tbusiness\tconditions,\twe\tmay\tchoose\tto\tcorrespondingly\tslow\tthe\tpace\tof\tour\tcapital\texpenditures.\nFinally,\twe\tcontinually\tevaluate\tour\tcash\tneeds\tand\tmay\tdecide\tit\tis\tbest\tto\traise\tadditional\tcapital\tor\tseek\talternative\tfinancing\tsources\tto\tfund\tthe\trapid\ngrowth\tof\tour\tbusiness,\tincluding\tthrough\tdrawdowns\ton\texisting\tor\tnew\tdebt\tfacilities\tor\tfinancing\tfunds.\tConversely,\twe\tmay\talso\tfrom\ttime\tto\ttime\ndetermine\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\t31,\n2023,\tas\twell\tas\tin\tthe\tlong-term.\nSee\tthe\tsections\tbelow\tfor\tmore\tdetails\tregarding\tthe\tmaterial\trequirements\tfor\tcash\tin\tour\tbusiness\tand\tour\tsources\tof\tliquidity\tto\tmeet\tsuch\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\tto\nbe\tused\tin\tthe\tmanufacture\tof\tour\tproducts.\tHowever,\tdue\tto\tcontractual\tterms,\tvariability\tin\tthe\tprecise\tgrowth\tcurves\tof\tour\tdevelopment\tand\nproduction\tramps,\tand\topportunities\tto\trenegotiate\tpricing,\twe\tgenerally\tdo\tnot\thave\tbinding\tand\tenforceable\tpurchase\torders\tunder\tsuch\tcontracts\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,\tManagement's\tDiscussion\tand\tAnalysis\tof\tFinancial\tCondition\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 44, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "Results\tof\tOperations—Management\tOpportunities,\tChallenges\tand\tUncertainties\tand\t2023\tOutlook—Cash\tFlow\tand\tCapital\tExpenditure\tTrends\tin\tthis\nAnnual\tReport\ton\tForm\t10-K,\twe\tcurrently\texpect\tour\tcapital\texpenditures\tto\tsupport\tour\tprojects\tglobally\tto\texceed\t$10.00\tbillion\tin\t2024\tand\tbe\nbetween\t$8.00\tto\t$10.00\tbillion\tin\teach\tof\tthe\tfollowing\ttwo\tfiscal\tyears.\tIn\tconnection\twith\tour\toperations\tat\tGigafactory\tNew\tYork,\twe\thave\tan\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\tthrough\nDecember\t31,\t2029\t(pursuant\tto\ta\tdeferral\tof\tour\trequired\ttimelines\tto\tmeet\tsuch\tobligations\tthat\twas\tgranted\tin\tApril\t2021,\tand\twhich\twas\tmemorialized\nin\tan\tamendment\tto\tour\tagreement\twith\tthe\tSUNY\tFoundation\tin\tAugust\t2021).\tFor\tdetails\tregarding\tthese\tobligations,\trefer\tto\tNote\t15,\tCommitments\nand\tContingencies,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K.\nAs\tof\tDecember\t31,\t2023,\twe\tand\tour\tsubsidiaries\thad\toutstanding\t$4.68\tbillion\tin\taggregate\tprincipal\tamount\tof\tindebtedness,\tof\twhich\t$1.98\nbillion\tis\tscheduled\tto\tbecome\tdue\tin\tthe\tsucceeding\t12\tmonths.\tAs\tof\tDecember\t31,\t2023,\tour\ttotal\tminimum\tlease\tpayments\twas\t$5.96\tbillion,\tof\twhich\n$1.31\tbillion\tis\tdue\tin\tthe\tsucceeding\t12\tmonths.\tFor\tdetails\tregarding\tour\tindebtedness\tand\tlease\tobligations,\trefer\tto\tNote\t11,\tDebt,\tand\tNote\t12,\nLeases,\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\ninstallations\tof\tour\tenergy\tstorage\tproducts\tand\tsolar\tenergy\tsystems,\tproceeds\tfrom\tdebt\tfacilities\tand\tproceeds\tfrom\tequity\tofferings,\twhen\tapplicable.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 44, "lines": { "from": 17, "to": 30 } } } }, { "pageContent": "As\tof\tDecember\t31,\t2023,\twe\thad\t$16.40\tbillion\tand\t$12.70\tbillion\tof\tcash\tand\tcash\tequivalents\tand\tshort-term\tinvestments,\trespectively.\tBalances\nheld\tin\tforeign\tcurrencies\thad\ta\tU.S.\tdollar\tequivalent\tof\t$4.43\tbillion\tand\tconsisted\tprimarily\tof\tChinese\tyuan\tand\teuros.\tWe\thad\t$5.03\tbillion\tof\tunused\ncommitted\tcredit\tamounts\tas\tof\tDecember\t31,\t2023.\tFor\tdetails\tregarding\tour\tindebtedness,\trefer\tto\tNote\t11,\tDebt,\tto\tthe\tconsolidated\tfinancial\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\tsecurities\tand\tother\tinvestments,\nto\tdo\tmore\tvertical\tintegration,\texpand\tour\tproduct\troadmap\tand\tprovide\tfinancing\toptions\tto\tour\tcustomers.\n43", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { 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"Summary\tof\tCash\tFlows\n\tYear\tEnded\tDecember\t31,\n(Dollars\tin\tmillions)202320222021\nNet\tcash\tprovided\tby\toperating\tactivities$13,256\t$14,724\t$11,497\t\nNet\tcash\tused\tin\tinvesting\tactivities$(15,584)$(11,973)$(7,868)\nNet\tcash\tprovided\tby\t(used\tin)\tfinancing\tactivities$2,589\t$(3,527)$(5,203)\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\nresearch\tand\tdevelopment\tand\tselling,\tgeneral\tand\tadministrative\tand\tworking\tcapital.\tOur\toperating\tcash\tinflows\tinclude\tcash\tfrom\tvehicle\tsales\tand\nrelated\tservicing,\tcustomer\tlease\tand\tfinancing\tpayments,\tcustomer\tdeposits,\tcash\tfrom\tsales\tof\tregulatory\tcredits\tand\tenergy\tgeneration\tand\tstorage\nproducts,\tand\tinterest\tincome\ton\tour\tcash\tand\tinvestments\tportfolio.\tThese\tcash\tinflows\tare\toffset\tby\tour\tpayments\tto\tsuppliers\tfor\tproduction\tmaterials\nand\tparts\tused\tin\tour\tmanufacturing\tprocess,\toperating\texpenses,\toperating\tlease\tpayments\tand\tinterest\tpayments\ton\tour\tfinancings.\nNet\tcash\tprovided\tby\toperating\tactivities\tdecreased\tby\t$1.47\tbillion\tto\t$13.26\tbillion\tduring\tthe\tyear\tended\tDecember\t31,\t2023\tfrom\t$14.72\tbillion\nduring\tthe\tyear\tended\tDecember\t31,\t2022.\tThis\tdecrease\twas\tprimarily\tdue\tto\tthe\tdecrease\tin\tnet\tincome\texcluding\tnon-cash\texpenses,\tgains\tand\tlosses\nof\t$2.93\tbillion,\tpartially\toffset\tby\tfavorable\tchanges\tin\tnet\toperating\tassets\tand\tliabilities\tof\t$1.46\tbillion.\nCash\tFlows\tfrom\tInvesting\tActivities\nCash\tflows\tfrom\tinvesting\tactivities\tand\ttheir\tvariability\tacross\teach\tperiod\trelated\tprimarily\tto\tcapital\texpenditures,\twhich\twere\t$8.90\tbillion\tfor\tthe\nyear\tended\tDecember\t31,\t2023\tand\t$7.16\tbillion\tfor\tthe\tyear\tended\tDecember\t31,\t2022,\tmainly\tfor\tglobal\tfactory\texpansion\tand\tmachinery\tand\nequipment\tas\twe\texpand\tour\tproduct\troadmap.\tWe\talso\tpurchased\t$6.62\tbillion\tand\t$5.81\tbillion\tof\tinvestments,\tnet\tof\tproceeds\tfrom\tmaturities\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 45, "lines": { "from": 1, "to": 19 } } } }, { "pageContent": "sales,\tfor\tthe\tyear\tended\tDecember\t31,\t2023\tand\t2022,\trespectively.\tAdditionally,\tproceeds\tfrom\tsales\tof\tdigital\tassets\twas\t$936\tmillion\tin\tthe\tyear\nended\tDecember\t31,\t2022.\nCash\tFlows\tfrom\tFinancing\tActivities\nNet\tcash\tfrom\tfinancing\tactivities\tchanged\tby\t$6.12\tbillion\tto\t$2.59\tbillion\tnet\tcash\tprovided\tby\tfinancing\tactivities\tduring\tthe\tyear\tended\nDecember\t31,\t2023\tfrom\t$3.53\tbillion\tnet\tcash\tused\tin\tfinancing\tactivities\tduring\tthe\tyear\tended\tDecember\t31,\t2022.\tThe\tchange\twas\tprimarily\tdue\tto\ta\n$3.93\tbillion\tincrease\tin\tproceeds\tfrom\tissuances\tof\tdebt\tand\ta\t$2.01\tbillion\tdecrease\tin\trepayments\tof\tdebt.\tSee\tNote\t11,\tDebt,\tto\tthe\tconsolidated\nfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\t10-K\tfor\tfurther\tdetails\tregarding\tour\tdebt\tobligations.\nRecent\tAccounting\tPronouncements\nSee\tNote\t2,\tSummary\tof\tSignificant\tAccounting\tPolicies,\tto\tthe\tconsolidated\tfinancial\tstatements\tincluded\telsewhere\tin\tthis\tAnnual\tReport\ton\tForm\n10-K.\n44", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 45, "lines": { "from": 20, "to": 30 } } } }, { "pageContent": "ITEM\t7A.\tQUANTITATIVE\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\tand\toperating\nexpenses\tdenominated\tin\tcurrencies\tother\tthan\tthe\tU.S.\tdollar\t(primarily\tthe\tChinese\tyuan\tand\teuro\tin\trelation\tto\tour\tcurrent\tyear\toperations).\tIn\tgeneral,\nwe\tare\ta\tnet\treceiver\tof\tcurrencies\tother\tthan\tthe\tU.S.\tdollar\tfor\tour\tforeign\tsubsidiaries.\tAccordingly,\tchanges\tin\texchange\trates\taffect\tour\toperating\nresults\tas\texpressed\tin\tU.S.\tdollars\tas\twe\tdo\tnot\ttypically\thedge\tforeign\tcurrency\trisk.\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\tre-\nmeasurement\tof\tmonetary\tassets\tand\tliabilities\tdenominated\tin\tcurrencies\tthat\tare\tnot\tthe\tlocal\tcurrency\t(primarily\tconsisting\tof\tour\tintercompany\tand\ncash\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\tforeign\ncurrency\texchange\trates\tof\t10%\tfor\tall\tcurrencies\tcould\tbe\texperienced\tin\tthe\tnear-term.\tThese\tchanges\twere\tapplied\tto\tour\ttotal\tmonetary\tassets\tand\nliabilities\tdenominated\tin\tcurrencies\tother\tthan\tour\tlocal\tcurrencies\tat\tthe\tbalance\tsheet\tdate\tto\tcompute\tthe\timpact\tthese\tchanges\twould\thave\thad\ton\nour\tnet\tincome\tbefore\tincome\ttaxes.\tThese\tchanges\twould\thave\tresulted\tin\ta\tgain\tor\tloss\tof\t$1.01\tbillion\tat\tDecember\t31,\t2023\tand\t$473\tmillion\tat\nDecember\t31,\t2022,\tassuming\tno\tforeign\tcurrency\thedging.\n45", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 46, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "ITEM\t8.\tFINANCIAL\tSTATEMENTS\tAND\tSUPPLEMENTARY\tDATA\nIndex\tto\tConsolidated\tFinancial\tStatements\nPage\nReport\tof\tIndependent\tRegistered\tPublic\tAccounting\tFirm\t(PCAOB\tID:\t238)47\nConsolidated\tBalance\tSheets49\nConsolidated\tStatements\tof\tOperations50\nConsolidated\tStatements\tof\tComprehensive\tIncome51\nConsolidated\tStatements\tof\tRedeemable\tNoncontrolling\tInterests\tand\tEquity52\nConsolidated\tStatements\tof\tCash\tFlows53\nNotes\tto\tConsolidated\tFinancial\tStatements54\n46", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 47, "lines": { "from": 1, "to": 11 } } } }, { "pageContent": "Report\tof\tIndependent\tRegistered\tPublic\tAccounting\tFirm\nTo\tthe\tBoard\tof\tDirectors\tand\tStockholders\tof\tTesla,\tInc.\nOpinions\ton\tthe\tFinancial\tStatements\tand\tInternal\tControl\tover\tFinancial\tReporting\nWe\thave\taudited\tthe\taccompanying\tconsolidated\tbalance\tsheets\tof\tTesla,\tInc.\tand\tits\tsubsidiaries\t(the\t“Company”)\tas\tof\tDecember\t31,\t2023\tand\t2022,\nand\tthe\trelated\tconsolidated\tstatements\tof\toperations,\tof\tcomprehensive\tincome,\tof\tredeemable\tnoncontrolling\tinterests\tand\tequity\tand\tof\tcash\tflows\tfor\neach\tof\tthe\tthree\tyears\tin\tthe\tperiod\tended\tDecember\t31,\t2023,\tincluding\tthe\trelated\tnotes\t(collectively\treferred\tto\tas\tthe\t“consolidated\tfinancial\nstatements”).\tWe\talso\thave\taudited\tthe\tCompany's\tinternal\tcontrol\tover\tfinancial\treporting\tas\tof\tDecember\t31,\t2023,\tbased\ton\tcriteria\testablished\tin\nInternal\tControl\t-\tIntegrated\tFramework\t(2013)\tissued\tby\tthe\tCommittee\tof\tSponsoring\tOrganizations\tof\tthe\tTreadway\tCommission\t(COSO).\nIn\tour\topinion,\tthe\tconsolidated\tfinancial\tstatements\treferred\tto\tabove\tpresent\tfairly,\tin\tall\tmaterial\trespects,\tthe\tfinancial\tposition\tof\tthe\tCompany\tas\tof\nDecember\t31,\t2023\tand\t2022,\tand\tthe\tresults\tof\tits\toperations\tand\tits\tcash\tflows\tfor\teach\tof\tthe\tthree\tyears\tin\tthe\tperiod\tended\tDecember\t31,\t2023\tin\nconformity\twith\taccounting\tprinciples\tgenerally\taccepted\tin\tthe\tUnited\tStates\tof\tAmerica.\tAlso\tin\tour\topinion,\tthe\tCompany\tmaintained,\tin\tall\tmaterial\nrespects,\teffective\tinternal\tcontrol\tover\tfinancial\treporting\tas\tof\tDecember\t31,\t2023,\tbased\ton\tcriteria\testablished\tin\tInternal\tControl\t-\tIntegrated\nFramework\t(2013)\tissued\tby\tthe\tCOSO.\nChanges\tin\tAccounting\tPrinciples\nAs\tdiscussed\tin\tNote\t2\tto\tthe\tconsolidated\tfinancial\tstatements,\tthe\tCompany\tchanged\tthe\tmanner\tin\twhich\tit\taccounts\tfor\tconvertible\tdebt\tin\t2021.\nBasis\tfor\tOpinions\nThe\tCompany's\tmanagement\tis\tresponsible\tfor\tthese\tconsolidated\tfinancial\tstatements,\tfor\tmaintaining\teffective\tinternal\tcontrol\tover\tfinancial\treporting,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 48, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "and\tfor\tits\tassessment\tof\tthe\teffectiveness\tof\tinternal\tcontrol\tover\tfinancial\treporting,\tincluded\tin\tManagement’s\tReport\ton\tInternal\tControl\tover\tFinancial\nReporting\tappearing\tunder\tItem\t9A.\tOur\tresponsibility\tis\tto\texpress\topinions\ton\tthe\tCompany’s\tconsolidated\tfinancial\tstatements\tand\ton\tthe\tCompany's\ninternal\tcontrol\tover\tfinancial\treporting\tbased\ton\tour\taudits.\tWe\tare\ta\tpublic\taccounting\tfirm\tregistered\twith\tthe\tPublic\tCompany\tAccounting\tOversight\nBoard\t(United\tStates)\t(PCAOB)\tand\tare\trequired\tto\tbe\tindependent\twith\trespect\tto\tthe\tCompany\tin\taccordance\twith\tthe\tU.S.\tfederal\tsecurities\tlaws\tand\nthe\tapplicable\trules\tand\tregulations\tof\tthe\tSecurities\tand\tExchange\tCommission\tand\tthe\tPCAOB.\nWe\tconducted\tour\taudits\tin\taccordance\twith\tthe\tstandards\tof\tthe\tPCAOB.\tThose\tstandards\trequire\tthat\twe\tplan\tand\tperform\tthe\taudits\tto\tobtain\nreasonable\tassurance\tabout\twhether\tthe\tconsolidated\tfinancial\tstatements\tare\tfree\tof\tmaterial\tmisstatement,\twhether\tdue\tto\terror\tor\tfraud,\tand\twhether\neffective\tinternal\tcontrol\tover\tfinancial\treporting\twas\tmaintained\tin\tall\tmaterial\trespects.\nOur\taudits\tof\tthe\tconsolidated\tfinancial\tstatements\tincluded\tperforming\tprocedures\tto\tassess\tthe\trisks\tof\tmaterial\tmisstatement\tof\tthe\tconsolidated\nfinancial\tstatements,\twhether\tdue\tto\terror\tor\tfraud,\tand\tperforming\tprocedures\tthat\trespond\tto\tthose\trisks.\tSuch\tprocedures\tincluded\texamining,\ton\ta\ntest\tbasis,\tevidence\tregarding\tthe\tamounts\tand\tdisclosures\tin\tthe\tconsolidated\tfinancial\tstatements.\tOur\taudits\talso\tincluded\tevaluating\tthe\taccounting\nprinciples\tused\tand\tsignificant\testimates\tmade\tby\tmanagement,\tas\twell\tas\tevaluating\tthe\toverall\tpresentation\tof\tthe\tconsolidated\tfinancial\tstatements.\nOur\taudit\tof\tinternal\tcontrol\tover\tfinancial\treporting\tincluded\tobtaining\tan\tunderstanding\tof\tinternal\tcontrol\tover\tfinancial\treporting,\tassessing\tthe\trisk\nthat\ta\tmaterial\tweakness\texists,\tand\ttesting\tand\tevaluating\tthe\tdesign\tand\toperating\teffectiveness\tof\tinternal\tcontrol\tbased\ton\tthe\tassessed\trisk.\tOur", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 48, "lines": { "from": 18, "to": 31 } } } }, { "pageContent": "audits\talso\tincluded\tperforming\tsuch\tother\tprocedures\tas\twe\tconsidered\tnecessary\tin\tthe\tcircumstances.\tWe\tbelieve\tthat\tour\taudits\tprovide\ta\treasonable\nbasis\tfor\tour\topinions.\n47", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 48, "lines": { "from": 32, "to": 34 } } } }, { "pageContent": "Definition\tand\tLimitations\tof\tInternal\tControl\tover\tFinancial\tReporting\nA\tcompany’s\tinternal\tcontrol\tover\tfinancial\treporting\tis\ta\tprocess\tdesigned\tto\tprovide\treasonable\tassurance\tregarding\tthe\treliability\tof\tfinancial\treporting\nand\tthe\tpreparation\tof\tfinancial\tstatements\tfor\texternal\tpurposes\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples.\tA\tcompany’s\tinternal\ncontrol\tover\tfinancial\treporting\tincludes\tthose\tpolicies\tand\tprocedures\tthat\t(i)\tpertain\tto\tthe\tmaintenance\tof\trecords\tthat,\tin\treasonable\tdetail,\taccurately\nand\tfairly\treflect\tthe\ttransactions\tand\tdispositions\tof\tthe\tassets\tof\tthe\tcompany;\t(ii)\tprovide\treasonable\tassurance\tthat\ttransactions\tare\trecorded\tas\nnecessary\tto\tpermit\tpreparation\tof\tfinancial\tstatements\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples,\tand\tthat\treceipts\tand\texpenditures\nof\tthe\tcompany\tare\tbeing\tmade\tonly\tin\taccordance\twith\tauthorizations\tof\tmanagement\tand\tdirectors\tof\tthe\tcompany;\tand\t(iii)\tprovide\treasonable\nassurance\tregarding\tprevention\tor\ttimely\tdetection\tof\tunauthorized\tacquisition,\tuse,\tor\tdisposition\tof\tthe\tcompany’s\tassets\tthat\tcould\thave\ta\tmaterial\neffect\ton\tthe\tfinancial\tstatements.\nBecause\tof\tits\tinherent\tlimitations,\tinternal\tcontrol\tover\tfinancial\treporting\tmay\tnot\tprevent\tor\tdetect\tmisstatements.\tAlso,\tprojections\tof\tany\tevaluation\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\ncompliance\twith\tthe\tpolicies\tor\tprocedures\tmay\tdeteriorate.\nCritical\tAudit\tMatters\nThe\tcritical\taudit\tmatter\tcommunicated\tbelow\tis\ta\tmatter\tarising\tfrom\tthe\tcurrent\tperiod\taudit\tof\tthe\tconsolidated\tfinancial\tstatements\tthat\twas\ncommunicated\tor\trequired\tto\tbe\tcommunicated\tto\tthe\taudit\tcommittee\tand\tthat\t(i)\trelates\tto\taccounts\tor\tdisclosures\tthat\tare\tmaterial\tto\tthe\tconsolidated", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 49, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "financial\tstatements\tand\t(ii)\tinvolved\tour\tespecially\tchallenging,\tsubjective,\tor\tcomplex\tjudgments.\tThe\tcommunication\tof\tcritical\taudit\tmatters\tdoes\tnot\nalter\tin\tany\tway\tour\topinion\ton\tthe\tconsolidated\tfinancial\tstatements,\ttaken\tas\ta\twhole,\tand\twe\tare\tnot,\tby\tcommunicating\tthe\tcritical\taudit\tmatter\tbelow,\nproviding\ta\tseparate\topinion\ton\tthe\tcritical\taudit\tmatter\tor\ton\tthe\taccounts\tor\tdisclosures\tto\twhich\tit\trelates.\nAutomotive\tWarranty\tReserve\nAs\tdescribed\tin\tNote\t2\tto\tthe\tconsolidated\tfinancial\tstatements,\ttotal\taccrued\twarranty,\twhich\tprimarily\trelates\tto\tthe\tautomotive\tsegment,\twas\t$5,152\nmillion\tas\tof\tDecember\t31,\t2023.\tThe\tCompany\tprovides\ta\tmanufacturer’s\twarranty\ton\tall\tnew\tand\tused\tTesla\tvehicles.\tA\twarranty\treserve\tis\taccrued\tfor\nthese\tproducts\tsold,\twhich\tincludes\tmanagement’s\tbest\testimate\tof\tthe\tprojected\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranty\tand\trecalls\tif\tidentified.\nThese\testimates\tare\tbased\ton\tactual\tclaims\tincurred\tto\tdate\tand\tan\testimate\tof\tthe\tnature,\tfrequency\tand\tcosts\tof\tfuture\tclaims.\nThe\tprincipal\tconsiderations\tfor\tour\tdetermination\tthat\tperforming\tprocedures\trelating\tto\tthe\tautomotive\twarranty\treserve\tis\ta\tcritical\taudit\tmatter\tare\nthe\tsignificant\tjudgment\tby\tmanagement\tin\tdetermining\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels;\tthis\tin\tturn\tled\tto\tsignificant\nauditor\tjudgment,\tsubjectivity,\tand\teffort\tin\tperforming\tprocedures\tto\tevaluate\tmanagement’s\tsignificant\tassumptions\trelated\tto\tthe\tnature,\tfrequency\nand\tcosts\tof\tfuture\tclaims\tfor\tcertain\tTesla\tvehicle\tmodels,\tand\tthe\taudit\teffort\tinvolved\tthe\tuse\tof\tprofessionals\twith\tspecialized\tskill\tand\tknowledge.\nAddressing\tthe\tmatter\tinvolved\tperforming\tprocedures\tand\tevaluating\taudit\tevidence\tin\tconnection\twith\tforming\tour\toverall\topinion\ton\tthe\tconsolidated\nfinancial\tstatements.\tThese\tprocedures\tincluded\ttesting\tthe\teffectiveness\tof\tcontrols\trelating\tto\tmanagement’s\testimate\tof\tthe\tautomotive\twarranty", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 49, "lines": { "from": 16, "to": 29 } } } }, { "pageContent": "reserve\tfor\tcertain\tTesla\tvehicle\tmodels,\tincluding\tcontrols\tover\tmanagement’s\tsignificant\tassumptions\trelated\tto\tthe\tnature,\tfrequency\tand\tcosts\tof\nfuture\tclaims\tas\twell\tas\tthe\tcompleteness\tand\taccuracy\tof\tactual\tclaims\tincurred\tto\tdate.\tThese\tprocedures\talso\tincluded,\tamong\tothers,\tperforming\tone\nof\tthe\tfollowing:\t(i)\ttesting\tmanagement’s\tprocess\tfor\tdetermining\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels\tor\t(ii)\tdeveloping\tan\nindependent\testimate\tof\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels\tand\tcomparing\tthe\tindependent\testimate\tto\tmanagement’s\nestimate\tto\tevaluate\tthe\treasonableness\tof\tthe\testimate.\tTesting\tmanagement’s\tprocess\tinvolved\tevaluating\tthe\treasonableness\tof\tsignificant\nassumptions\trelated\tto\tthe\tnature\tand\tfrequency\tof\tfuture\tclaims\tand\tthe\trelated\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranty.\tEvaluating\tthe\nassumptions\trelated\tto\tthe\tnature\tand\tfrequency\tof\tfuture\tclaims\tand\tthe\trelated\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranty\tinvolved\tevaluating\nwhether\tthe\tassumptions\tused\twere\treasonable\tby\tperforming\ta\tlookback\tanalysis\tcomparing\tprior\tperiod\tforecasted\tclaims\tto\tactual\tclaims\tincurred.\nDeveloping\tthe\tindependent\testimate\tinvolved\ttesting\tthe\tcompleteness\tand\taccuracy\tof\thistorical\tvehicle\tclaims\tprocessed\tand\ttesting\tthat\tsuch\tclaims\nwere\tappropriately\tused\tby\tmanagement\tin\tthe\testimation\tof\tfuture\tclaims.\tProfessionals\twith\tspecialized\tskill\tand\tknowledge\twere\tused\tto\tassist\tin\ndeveloping\tan\tindependent\testimate\tof\tthe\tautomotive\twarranty\treserve\tfor\tcertain\tTesla\tvehicle\tmodels\tand\tin\tevaluating\tthe\tappropriateness\tof\tcertain\naspects\tof\tmanagement’s\tsignificant\tassumptions\trelated\tto\tthe\tnature\tand\tfrequency\tof\tfuture\tclaims.\n/s/\tPricewaterhouseCoopers\tLLP\nSan\tJose,\tCalifornia\nJanuary\t26,\t2024\nWe\thave\tserved\tas\tthe\tCompany’s\tauditor\tsince\t2005.\n48", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 49, "lines": { "from": 30, "to": 46 } } } }, { "pageContent": "Tesla,\tInc.\nConsolidated\tBalance\tSheets\n(in\tmillions,\texcept\tper\tshare\tdata)\nDecember\t31,\n2023\nDecember\t31,\n2022\nAssets\nCurrent\tassets\nCash\tand\tcash\tequivalents$16,398\t$16,253\t\nShort-term\tinvestments12,696\t5,932\t\nAccounts\treceivable,\tnet3,508\t2,952\t\nInventory13,626\t12,839\t\nPrepaid\texpenses\tand\tother\tcurrent\tassets3,388\t2,941\t\nTotal\tcurrent\tassets49,616\t40,917\t\nOperating\tlease\tvehicles,\tnet5,989\t5,035\t\nSolar\tenergy\tsystems,\tnet5,229\t5,489\t\nProperty,\tplant\tand\tequipment,\tnet29,725\t23,548\t\nOperating\tlease\tright-of-use\tassets4,180\t2,563\t\nDigital\tassets,\tnet184\t184\t\nIntangible\tassets,\tnet178\t215\t\nGoodwill253\t194\t\nDeferred\ttax\tassets6,733\t328\t\nOther\tnon-current\tassets4,531\t3,865\t\nTotal\tassets\n$106,618\t$82,338\t\nLiabilities\nCurrent\tliabilities\nAccounts\tpayable$14,431\t$15,255\t\nAccrued\tliabilities\tand\tother9,080\t8,205\t\nDeferred\trevenue2,864\t1,747\t\nCurrent\tportion\tof\tdebt\tand\tfinance\tleases2,373\t1,502\t\nTotal\tcurrent\tliabilities28,748\t26,709\t\nDebt\tand\tfinance\tleases,\tnet\tof\tcurrent\tportion2,857\t1,597\t\nDeferred\trevenue,\tnet\tof\tcurrent\tportion3,251\t2,804\t\nOther\tlong-term\tliabilities8,153\t5,330\t\nTotal\tliabilities43,009\t36,440\t\nCommitments\tand\tcontingencies\t(Note\t15)\nRedeemable\tnoncontrolling\tinterests\tin\tsubsidiaries242\t409\t\nEquity\nStockholders’\tequity\nPreferred\tstock;\t$0.001\tpar\tvalue;\t100\tshares\tauthorized;\tno\tshares\tissued\tand\toutstanding—\t—\t\nCommon\tstock;\t$0.001\tpar\tvalue;\t6,000\tshares\tauthorized;\t3,185\tand\t3,164\tshares\tissued\tand\toutstanding\tas\tof\nDecember\t31,\t2023\tand\t2022,\trespectively3\t3\t\nAdditional\tpaid-in\tcapital34,892\t32,177\t\nAccumulated\tother\tcomprehensive\tloss(143)(361)\nRetained\tearnings27,882\t12,885\t\nTotal\tstockholders’\tequity62,634\t44,704\t\nNoncontrolling\tinterests\tin\tsubsidiaries733\t785\t\nTotal\tliabilities\tand\tequity\n$106,618\t$82,338\t\nThe\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n49", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 50, "lines": { "from": 1, "to": 53 } } } }, { "pageContent": "Tesla,\tInc.\nConsolidated\tStatements\tof\tOperations\n(in\tmillions,\texcept\tper\tshare\tdata)\nYear\tEnded\tDecember\t31,\n202320222021\nRevenues\nAutomotive\tsales$78,509\t$67,210\t$44,125\t\nAutomotive\tregulatory\tcredits1,790\t1,776\t1,465\t\nAutomotive\tleasing2,120\t2,476\t1,642\t\nTotal\tautomotive\trevenues\n82,419\t71,462\t47,232\t\nEnergy\tgeneration\tand\tstorage6,035\t3,909\t2,789\t\nServices\tand\tother8,319\t6,091\t3,802\t\nTotal\trevenues\n96,773\t81,462\t53,823\t\nCost\tof\trevenues\nAutomotive\tsales65,121\t49,599\t32,415\t\nAutomotive\tleasing1,268\t1,509\t978\t\nTotal\tautomotive\tcost\tof\trevenues\n66,389\t51,108\t33,393\t\nEnergy\tgeneration\tand\tstorage4,894\t3,621\t2,918\t\nServices\tand\tother7,830\t5,880\t3,906\t\nTotal\tcost\tof\trevenues\n79,113\t60,609\t40,217\t\nGross\tprofit\n17,660\t20,853\t13,606\t\nOperating\texpenses\nResearch\tand\tdevelopment3,969\t3,075\t2,593\t\nSelling,\tgeneral\tand\tadministrative4,800\t3,946\t4,517\t\nRestructuring\tand\tother—\t176\t(27)\nTotal\toperating\texpenses\n8,769\t7,197\t7,083\t\nIncome\tfrom\toperations8,891\t13,656\t6,523\t\nInterest\tincome1,066\t297\t56\t\nInterest\texpense(156)(191)(371)\nOther\tincome\t(expense),\tnet172\t(43)135\t\nIncome\tbefore\tincome\ttaxes9,973\t13,719\t6,343\t\n(Benefit\tfrom)\tprovision\tfor\tincome\ttaxes(5,001)1,132\t699\t\nNet\tincome14,974\t12,587\t5,644\t\nNet\t(loss)\tincome\tattributable\tto\tnoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\tinterests\nin\tsubsidiaries(23)31\t125\t\nNet\tincome\tattributable\tto\tcommon\tstockholders\n$14,997\t$12,556\t$5,519\t\n\t\nNet\tincome\tper\tshare\tof\tcommon\tstock\tattributable\tto\tcommon\tstockholders\nBasic$4.73\t$4.02\t$1.87\t\nDiluted\n$4.30\t$3.62\t$1.63\t\nWeighted\taverage\tshares\tused\tin\tcomputing\tnet\tincome\tper\tshare\tof\tcommon\tstock\nBasic3,1743,1302,959\nDiluted\n3,4853,4753,386\nThe\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n50", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 51, "lines": { "from": 1, "to": 54 } } } }, { "pageContent": "Tesla,\tInc.\nConsolidated\tStatements\tof\tComprehensive\tIncome\n(in\tmillions)\nYear\tEnded\tDecember\t31,\n202320222021\nNet\tincome$14,974\t$12,587\t$5,644\t\nOther\tcomprehensive\tincome\t(loss):\nForeign\tcurrency\ttranslation\tadjustment198\t(392)(308)\nUnrealized\tnet\tgain\t(loss)\ton\tinvestments16\t(23)(1)\nAdjustment\tfor\tnet\tloss\trealized\tand\tincluded\tin\tnet\tincome\t\t\t\t4\t—\t—\t\nComprehensive\tincome15,192\t12,172\t5,335\t\nLess:\tComprehensive\t(loss)\tincome\tattributable\tto\tnoncontrolling\tinterests\tand\nredeemable\tnoncontrolling\tinterests\tin\tsubsidiaries(23)31\t125\t\nComprehensive\tincome\tattributable\tto\tcommon\tstockholders\n$15,215\t$12,141\t$5,210\t\nThe\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n51", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 52, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "Tesla,\tInc.\nConsolidated\tStatements\tof\tRedeemable\tNoncontrolling\tInterests\tand\tEquity\n(in\tmillions)\nRedeemable\nNoncontrolling\nInterests\nCommon\tStock\nAdditional\nPaid-In\nCapital\nAccumulated\nOther\nComprehensive\nIncome\t(Loss)\n(Accumulated\nDeficit)\nRetained\nEarnings\nTotal\nStockholders’\nEquity\nNoncontrolling\nInterests\tin\nSubsidiaries\nTotal\nEquitySharesAmount\nBalance\tas\tof\tDecember\t31,\t2020\n$604\t2,879$3\t$27,260\t$363\t$(5,401)$22,225\t$850\t$23,075\t\nAdjustments\tfor\tprior\tperiods\tfrom\tadopting\tASU\t2020-06—\t——\t(474)—\t211\t(263)—\t(263)\nExercises\tof\tconversion\tfeature\tof\tconvertible\tsenior\tnotes—\t2—\t6\t—\t—\t6\t—\t6\t\nSettlements\tof\twarrants—\t112—\t—\t—\t—\t—\t—\t—\t\nIssuance\tof\tcommon\tstock\tfor\tequity\tincentive\tawards—\t107—\t707\t—\t—\t707\t—\t707\t\nStock-based\tcompensation—\t——\t2,299\t—\t—\t2,299\t—\t2,299\t\nContributions\tfrom\tnoncontrolling\tinterests2\t——\t—\t—\t—\t—\t—\t—\t\nDistributions\tto\tnoncontrolling\tinterests(66)——\t—\t—\t—\t—\t(106)(106)\nBuy-outs\tof\tnoncontrolling\tinterests(15)——\t5\t—\t—\t5\t—\t5\t\nNet\tincome43\t——\t—\t—\t5,519\t5,519\t82\t5,601\t\nOther\tcomprehensive\tloss—\t——\t—\t(309)—\t(309)—\t(309)\nBalance\tas\tof\tDecember\t31,\t2021\n$568\t3,100$3\t$29,803\t$54\t$329\t$30,189\t$826\t$31,015\t\nSettlements\tof\twarrants—\t37—\t—\t—\t—\t—\t—\t—\t\nIssuance\tof\tcommon\tstock\tfor\tequity\tincentive\tawards—\t27—\t541\t—\t—\t541\t—\t541\t\nStock-based\tcompensation—\t——\t1,806\t—\t—\t1,806\t—\t1,806\t\nDistributions\tto\tnoncontrolling\tinterests(46)——\t—\t—\t—\t—\t(113)(113)\nBuy-outs\tof\tnoncontrolling\tinterests(11)——\t27\t—\t—\t27\t(61)(34)\nNet\t(loss)\tincome(102)——\t—\t—\t12,556\t12,556\t133\t12,689\t\nOther\tcomprehensive\tloss—\t——\t—\t(415)—\t(415)—\t(415)\nBalance\tas\tof\tDecember\t31,\t2022\n$409\t3,164$3\t$32,177\t$(361)$12,885\t$44,704\t$785\t$45,489\t\nIssuance\tof\tcommon\tstock\tfor\tequity\tincentive\tawards—\t21—\t700\t—\t—\t700\t—\t700\t\nStock-based\tcompensation—\t——\t2,013\t—\t—\t2,013\t—\t2,013\t\nDistributions\tto\tnoncontrolling\tinterests(32)——\t—\t—\t—\t—\t(108)(108)\nBuy-outs\tof\tnoncontrolling\tinterests(39)——\t2\t—\t—\t2\t(17)(15)\nNet\t(loss)\tincome(96)——\t—\t—\t14,997\t14,997\t73\t15,070\t\nOther\tcomprehensive\tincome—\t——\t—\t218\t—\t218\t—\t218", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 53, "lines": { "from": 1, "to": 55 } } } }, { "pageContent": "Other\tcomprehensive\tincome—\t——\t—\t218\t—\t218\t—\t218\t\nBalance\tas\tof\tDecember\t31,\t2023\n$242\t3,185$3\t$34,892\t$(143)$27,882\t$62,634\t$733\t$63,367\t\nThe\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n52", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 53, "lines": { "from": 55, "to": 59 } } } }, { "pageContent": "Tesla,\tInc.\nConsolidated\tStatements\tof\tCash\tFlows\n(in\tmillions)\nYear\tEnded\tDecember\t31,\n202320222021\nCash\tFlows\tfrom\tOperating\tActivities\nNet\tincome$14,974\t$12,587\t$5,644\t\nAdjustments\tto\treconcile\tnet\tincome\tto\tnet\tcash\tprovided\tby\toperating\tactivities:\nDepreciation,\tamortization\tand\timpairment4,667\t3,747\t2,911\t\nStock-based\tcompensation1,812\t1,560\t2,121\t\nInventory\tand\tpurchase\tcommitments\twrite-downs463\t177\t140\t\nForeign\tcurrency\ttransaction\tnet\tunrealized\t(gain)\tloss(144)81\t(55)\nDeferred\tincome\ttaxes(6,349)(196)(149)\nNon-cash\tinterest\tand\tother\toperating\tactivities81\t340\t245\t\nDigital\tassets\tloss\t(gain),\tnet—\t140\t(27)\nChanges\tin\toperating\tassets\tand\tliabilities:\nAccounts\treceivable(586)(1,124)(130)\nInventory(1,195)(6,465)(1,709)\nOperating\tlease\tvehicles(1,952)(1,570)(2,114)\nPrepaid\texpenses\tand\tother\tassets(2,652)(3,713)(1,540)\nAccounts\tpayable,\taccrued\tand\tother\tliabilities2,605\t8,029\t5,367\t\nDeferred\trevenue1,532\t1,131\t793\t\nNet\tcash\tprovided\tby\toperating\tactivities\n13,256\t14,724\t11,497\t\nCash\tFlows\tfrom\tInvesting\tActivities\nPurchases\tof\tproperty\tand\tequipment\texcluding\tfinance\tleases,\tnet\tof\tsales(8,898)(7,158)(6,482)\nPurchases\tof\tsolar\tenergy\tsystems,\tnet\tof\tsales(1)(5)(32)\nPurchases\tof\tdigital\tassets—\t—\t(1,500)\nProceeds\tfrom\tsales\tof\tdigital\tassets—\t936\t272\t\nPurchase\tof\tintangible\tassets—\t(9)—\t\nPurchases\tof\tinvestments(19,112)(5,835)(132)\nProceeds\tfrom\tmaturities\tof\tinvestments12,353\t22\t—\t\nProceeds\tfrom\tsales\tof\tinvestments138\t—\t—\t\nReceipt\tof\tgovernment\tgrants—\t76\t6\t\nBusiness\tcombinations,\tnet\tof\tcash\tacquired(64)—\t—\t\nNet\tcash\tused\tin\tinvesting\tactivities\n(15,584)(11,973)(7,868)\nCash\tFlows\tfrom\tFinancing\tActivities\nProceeds\tfrom\tissuances\tof\tdebt3,931\t—\t8,883\t\nRepayments\tof\tdebt(1,351)(3,364)(14,167)\nCollateralized\tlease\trepayments—\t—\t(9)\nProceeds\tfrom\texercises\tof\tstock\toptions\tand\tother\tstock\tissuances700\t541\t707\t\nPrincipal\tpayments\ton\tfinance\tleases(464)(502)(439)\nDebt\tissuance\tcosts(29)—\t(9)", 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"Debt\tissuance\tcosts(29)—\t(9)\nProceeds\tfrom\tinvestments\tby\tnoncontrolling\tinterests\tin\tsubsidiaries—\t—\t2\t\nDistributions\tpaid\tto\tnoncontrolling\tinterests\tin\tsubsidiaries(144)(157)(161)\nPayments\tfor\tbuy-outs\tof\tnoncontrolling\tinterests\tin\tsubsidiaries(54)(45)(10)\nNet\tcash\tprovided\tby\t(used\tin)\tfinancing\tactivities\n2,589\t(3,527)(5,203)\nEffect\tof\texchange\trate\tchanges\ton\tcash\tand\tcash\tequivalents\tand\trestricted\tcash\n4\t(444)(183)\nNet\tincrease\t(decrease)\tin\tcash\tand\tcash\tequivalents\tand\trestricted\tcash\n265\t(1,220)(1,757)\nCash\tand\tcash\tequivalents\tand\trestricted\tcash,\tbeginning\tof\tperiod16,924\t18,144\t19,901\t\nCash\tand\tcash\tequivalents\tand\trestricted\tcash,\tend\tof\tperiod$17,189\t$16,924\t$18,144\t\nSupplemental\tNon-Cash\tInvesting\tand\tFinancing\tActivities\nAcquisitions\tof\tproperty\tand\tequipment\tincluded\tin\tliabilities$2,272\t$2,148\t$2,251\t\nSupplemental\tDisclosures\nCash\tpaid\tduring\tthe\tperiod\tfor\tinterest,\tnet\tof\tamounts\tcapitalized$126\t$152\t$266\t\nCash\tpaid\tduring\tthe\tperiod\tfor\tincome\ttaxes,\tnet\tof\trefunds$1,119\t$1,203\t$561", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 54, "lines": { "from": 44, "to": 60 } } } }, { "pageContent": "The\taccompanying\tnotes\tare\tan\tintegral\tpart\tof\tthese\tconsolidated\tfinancial\tstatements.\n53", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 55, "lines": { "from": 1, "to": 2 } } } }, { "pageContent": "Tesla,\tInc.\nNotes\tto\tConsolidated\tFinancial\tStatements\nNote\t1\t–\tOverview\nTesla,\tInc.\t(“Tesla”,\tthe\t“Company”,\t“we”,\t“us”\tor\t“our”)\twas\tincorporated\tin\tthe\tState\tof\tDelaware\ton\tJuly\t1,\t2003.\tWe\tdesign,\tdevelop,\nmanufacture,\tsell\tand\tlease\thigh-performance\tfully\telectric\tvehicles\tand\tenergy\tgeneration\tand\tstorage\tsystems,\tand\toffer\tservices\trelated\tto\tour\nproducts.\tOur\tChief\tExecutive\tOfficer,\tas\tthe\tchief\toperating\tdecision\tmaker\t(“CODM”),\torganizes\tour\tcompany,\tmanages\tresource\tallocations\tand\nmeasures\tperformance\tamong\ttwo\toperating\tand\treportable\tsegments:\t(i)\tautomotive\tand\t(ii)\tenergy\tgeneration\tand\tstorage.\nNote\t2\t–\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\nthose\tof\tour\tsubsidiaries\tin\twhich\twe\thave\ta\tcontrolling\tfinancial\tinterest.\tIn\taccordance\twith\tthe\tprovisions\tof\tASC\t810,\tConsolidation\t(“ASC\t810”),\twe\nconsolidate\tany\tvariable\tinterest\tentity\t(“VIE”)\tof\twhich\twe\tare\tthe\tprimary\tbeneficiary.\tWe\thave\tformed\tVIEs\twith\tfinancing\tfund\tinvestors\tin\tthe\tordinary\ncourse\tof\tbusiness\tin\torder\tto\tfacilitate\tthe\tfunding\tand\tmonetization\tof\tcertain\tattributes\tassociated\twith\tsolar\tenergy\tsystems\tand\tleases\tunder\tour\ndirect\tvehicle\tleasing\tprograms.\tThe\ttypical\tcondition\tfor\ta\tcontrolling\tfinancial\tinterest\townership\tis\tholding\ta\tmajority\tof\tthe\tvoting\tinterests\tof\tan\tentity;\nhowever,\ta\tcontrolling\tfinancial\tinterest\tmay\talso\texist\tin\tentities,\tsuch\tas\tVIEs,\tthrough\tarrangements\tthat\tdo\tnot\tinvolve\tcontrolling\tvoting\tinterests.\tASC\n810\trequires\ta\tvariable\tinterest\tholder\tto\tconsolidate\ta\tVIE\tif\tthat\tparty\thas\tthe\tpower\tto\tdirect\tthe\tactivities\tof\tthe\tVIE\tthat\tmost\tsignificantly\timpact\tthe\nVIE’s\teconomic\tperformance\tand\tthe\tobligation\tto\tabsorb\tlosses\tof\tthe\tVIE\tthat\tcould\tpotentially\tbe\tsignificant\tto\tthe\tVIE\tor\tthe\tright\tto\treceive\tbenefits", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 56, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "from\tthe\tVIE\tthat\tcould\tpotentially\tbe\tsignificant\tto\tthe\tVIE.\tWe\tdo\tnot\tconsolidate\ta\tVIE\tin\twhich\twe\thave\ta\tmajority\townership\tinterest\twhen\twe\tare\tnot\nconsidered\tthe\tprimary\tbeneficiary.\tWe\thave\tdetermined\tthat\twe\tare\tthe\tprimary\tbeneficiary\tof\tall\tthe\tVIEs\t(see\tNote\t16,\tVariable\tInterest\tEntity\nArrangements).\tWe\tevaluate\tour\trelationships\twith\tall\tthe\tVIEs\ton\tan\tongoing\tbasis\tto\tensure\tthat\twe\tcontinue\tto\tbe\tthe\tprimary\tbeneficiary.\tAll\nintercompany\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\treported\namounts\tof\tassets,\tliabilities,\trevenues,\tcosts\tand\texpenses\tand\trelated\tdisclosures\tin\tthe\taccompanying\tnotes.\tThe\testimates\tused\tfor,\tbut\tnot\tlimited\tto,\ndetermining\tsignificant\teconomic\tincentive\tfor\tresale\tvalue\tguarantee\tarrangements,\tsales\treturn\treserves,\tincome\ttaxes,\tthe\tcollectability\tof\taccounts\nand\tfinance\treceivables,\tinventory\tvaluation,\twarranties,\tfair\tvalue\tof\tlong-lived\tassets,\tgoodwill,\tfair\tvalue\tof\tfinancial\tinstruments,\tfair\tvalue\tand\tresidual\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\nspecific\tevents\tor\tcircumstances\tthat\trequired\tan\tupdate\tto\tour\testimates\tand\tassumptions\tor\tmaterially\taffected\tthe\tcarrying\tvalue\tof\tour\tassets\tor\nliabilities\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\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\tthe\naccompanying\tnotes.\n54", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 56, "lines": { "from": 18, "to": 34 } } } }, { "pageContent": "Revenue\tRecognition\nRevenue\tby\tsource\nThe\tfollowing\ttable\tdisaggregates\tour\trevenue\tby\tmajor\tsource\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nAutomotive\tsales\n$78,509\t$67,210\t$44,125\t\nAutomotive\tregulatory\tcredits1,790\t1,776\t1,465\t\nEnergy\tgeneration\tand\tstorage\tsales5,515\t3,376\t2,279\t\nServices\tand\tother8,319\t6,091\t3,802\t\nTotal\trevenues\tfrom\tsales\tand\tservices\n94,133\t78,453\t51,671\t\nAutomotive\tleasing2,120\t2,476\t1,642\t\nEnergy\tgeneration\tand\tstorage\tleasing520\t533\t510\t\nTotal\trevenues\n$96,773\t$81,462\t$53,823\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\tthat\nmeet\tthe\tdefinition\tof\ta\tperformance\tobligation\tunder\tASC\t606,\tincluding\taccess\tto\tour\tFSD\tCapability\tfeatures\tand\ttheir\tongoing\tmaintenance,\tinternet\nconnectivity,\tfree\tSupercharging\tprograms\tand\tover-the-air\tsoftware\tupdates.\tWe\trecognize\trevenue\ton\tautomotive\tsales\tupon\tdelivery\tto\tthe\tcustomer,\nwhich\tis\twhen\tthe\tcontrol\tof\ta\tvehicle\ttransfers.\tPayments\tare\ttypically\treceived\tat\tthe\tpoint\tcontrol\ttransfers\tor\tin\taccordance\twith\tpayment\tterms\ncustomary\tto\tthe\tbusiness,\texcept\tsales\twe\tfinance\tfor\twhich\tpayments\tare\tcollected\tover\tthe\tcontractual\tloan\tterm.\tWe\talso\trecognize\ta\tsales\treturn\nreserve\tbased\ton\thistorical\texperience\tplus\tconsideration\tfor\texpected\tfuture\tmarket\tvalues,\twhen\twe\toffer\tresale\tvalue\tguarantees\tor\tsimilar\tbuyback\nterms.\tOther\tfeatures\tand\tservices\tsuch\tas\taccess\tto\tour\tinternet\tconnectivity,\tunlimited\tfree\tSupercharging\tand\tover-the-air\tsoftware\tupdates\tare\nprovisioned\tupon\tcontrol\ttransfer\tof\ta\tvehicle\tand\trecognized\tover\ttime\ton\ta\tstraight-line\tbasis\tas\twe\thave\ta\tstand-ready\tobligation\tto\tdeliver\tsuch\nservices\tto\tthe\tcustomer.\tOther\tlimited\tfree\tSupercharging\tincentives\tare\trecognized\tbased\ton\tactual\tusage\tor\texpiration,\twhichever\tis\tearlier.\tWe", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 57, "lines": { "from": 1, "to": 27 } } } }, { "pageContent": "recognize\trevenue\trelated\tto\tthese\tother\tfeatures\tand\tservices\tover\tthe\tperformance\tperiod,\twhich\tis\tgenerally\tthe\texpected\townership\tlife\tof\tthe\tvehicle.\nRevenue\trelated\tto\tFSD\tCapability\tfeatures\tis\trecognized\twhen\tfunctionality\tis\tdelivered\tto\tthe\tcustomer\tand\ttheir\tongoing\tmaintenance\tis\trecognized\nover\ttime.\tFor\tour\tobligations\trelated\tto\tautomotive\tsales,\twe\testimate\tstandalone\tselling\tprice\tby\tconsidering\tcosts\tused\tto\tdevelop\tand\tdeliver\tthe\nservice,\tthird-party\tpricing\tof\tsimilar\toptions\tand\tother\tinformation\tthat\tmay\tbe\tavailable.\nAny\tfees\tthat\tare\tpaid\tor\tpayable\tby\tus\tto\ta\tcustomer’s\tlender\twhen\twe\tarrange\tthe\tfinancing\tare\trecognized\tas\tan\toffset\tagainst\tautomotive\tsales\nrevenue.\tCosts\tto\tobtain\ta\tcontract\tmainly\trelate\tto\tcommissions\tpaid\tto\tour\tsales\tpersonnel\tfor\tthe\tsale\tof\tvehicles.\tAs\tour\tcontract\tcosts\trelated\tto\nautomotive\tsales\tare\ttypically\tfulfilled\twithin\tone\tyear,\tthe\tcosts\tto\tobtain\ta\tcontract\tare\texpensed\tas\tincurred.\tAmounts\tbilled\tto\tcustomers\trelated\tto\nshipping\tand\thandling\tare\tclassified\tas\tautomotive\tsales\trevenue,\tand\twe\thave\telected\tto\trecognize\tthe\tcost\tfor\tfreight\tand\tshipping\twhen\tcontrol\tover\nvehicles,\tparts\tor\taccessories\thave\ttransferred\tto\tthe\tcustomer\tas\tan\texpense\tin\tcost\tof\tautomotive\tsales\trevenue.\tOur\tpolicy\tis\tto\texclude\ttaxes\ncollected\tfrom\ta\tcustomer\tfrom\tthe\ttransaction\tprice\tof\tautomotive\tcontracts.\n55", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 57, "lines": { "from": 28, "to": 38 } } } }, { "pageContent": "We\toffer\tresale\tvalue\tguarantees\tto\tour\tcommercial\tbanking\tpartners\tin\tconnection\twith\tcertain\tvehicle\tleasing\tprograms.\tUnder\tthese\tprograms,\nwe\toriginate\tthe\tlease\twith\tour\tend\tcustomer\tand\timmediately\ttransfer\tthe\tlease\tand\tthe\tunderlying\tvehicle\tto\tour\tcommercial\tbanking\tpartner,\twith\tthe\ntransaction\tbeing\taccounted\tfor\tas\ta\tsale\tunder\tASC\t606.\tWe\treceive\tupfront\tpayment\tfor\tthe\tvehicle,\tdo\tnot\tbear\tcasualty\tand\tcredit\trisks\tduring\tthe\nlease\tterm,\tand\twe\tprovide\ta\tguarantee\tcapped\tto\ta\tlimit\tif\tthey\tare\tunable\tto\tsell\tthe\tvehicle\tat\tor\tabove\tthe\tvehicle’s\tcontract\tresidual\tvalue\tat\tthe\tend\nof\tthe\tlease\tterm.\tWe\testimate\ta\tguarantee\tliability\tin\taccordance\twith\tASC\t460,\tGuarantees\tand\trecord\tit\twithin\tother\tliabilities\ton\tour\tconsolidated\nbalance\tsheet.\tOn\ta\tquarterly\tbasis,\twe\tassess\tthe\testimated\tmarket\tvalue\tof\tvehicles\tsold\tunder\tthis\tprogram\tto\tdetermine\twhether\tthere\thave\tbeen\nchanges\tto\tthe\tamount\tof\texpected\tresale\tvalue\tguarantee\tpayments.\tAs\twe\taccumulate\tmore\tdata\trelated\tto\tthe\tresale\tvalues\tof\tour\tvehicles\tor\tas\nmarket\tconditions\tchange,\tthere\tmay\tbe\tmaterial\tchanges\tto\ttheir\testimated\tvalues.\tThe\ttotal\tguarantee\tliability\ton\tvehicles\tsold\tunder\tthis\tprogram\twas\nimmaterial\tas\tof\tDecember\t31,\t2023.\nDeferred\trevenue\trelated\tto\tthe\taccess\tto\tour\tFSD\tCapability\tfeatures\tand\ttheir\tongoing\tmaintenance,\tinternet\tconnectivity,\tfree\tSupercharging\nprograms\tand\tover-the-air\tsoftware\tupdates\tprimarily\ton\tautomotive\tsales\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n20232022\nDeferred\trevenue—\tbeginning\tof\tperiod\n$2,913\t$2,382\t\nAdditions1,201\t1,178\t\nNet\tchanges\tin\tliability\tfor\tpre-existing\tcontracts17\t(67)\nRevenue\trecognized(595)(580)\nDeferred\trevenue—\tend\tof\tperiod\n$3,536\t$2,913\t\nDeferred\trevenue\tis\tequivalent\tto\tthe\ttotal\ttransaction\tprice\tallocated\tto\tthe\tperformance\tobligations\tthat\tare\tunsatisfied,\tor\tpartially\tunsatisfied,\tas", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 58, "lines": { "from": 1, "to": 21 } } } }, { "pageContent": "of\tthe\tbalance\tsheet\tdate.\tRevenue\trecognized\tfrom\tthe\tdeferred\trevenue\tbalance\tas\tof\tDecember\t31,\t2022\twas\t$469\tmillion\tfor\tthe\tyear\tended\nDecember\t31,\t2023.\tWe\thad\trecognized\trevenue\tof\t$472\tmillion\tfrom\tthe\tdeferred\trevenue\tbalance\tas\tof\tDecember\t31,\t2021,\tfor\tthe\tyear\tended\nDecember\t31,\t2022,\tprimarily\trelated\tto\tthe\tgeneral\tFSD\tCapability\tfeature\trelease\tin\tNorth\tAmerica\tin\tthe\tfourth\tquarter\tof\t2022.\tOf\tthe\ttotal\tdeferred\nrevenue\tbalance\tas\tof\tDecember\t31,\t2023,\twe\texpect\tto\trecognize\t$926\tmillion\tof\trevenue\tin\tthe\tnext\t12\tmonths.\tThe\tremaining\tbalance\twill\tbe\nrecognized\tat\tthe\ttime\tof\ttransfer\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\tin\tvolume\tsince\tfiscal\tyear\t2022.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\twe\thave\nrecorded\tnet\tfinancing\treceivables\ton\tthe\tconsolidated\tbalance\tsheets,\tof\twhich\t$242\tmillion\tand\t$128\tmillion,\trespectively,\tis\trecorded\twithin\tAccounts\nreceivable,\tnet,\tfor\tthe\tcurrent\tportion\tand\t$1.04\tbillion\tand\t$665\tmillion,\trespectively,\tis\trecorded\twithin\tOther\tnon-current\tassets\tfor\tthe\tlong-term\nportion.\nAutomotive\tRegulatory\tCredits\nWe\tearn\ttradable\tcredits\tin\tthe\toperation\tof\tour\tautomotive\tbusiness\tunder\tvarious\tregulations\trelated\tto\tZEVs,\tgreenhouse\tgas,\tfuel\teconomy\tand\nclean\tfuel.\tWe\tsell\tthese\tcredits\tto\tother\tregulated\tentities\twho\tcan\tuse\tthe\tcredits\tto\tcomply\twith\temission\tstandards\tand\tother\tregulatory\trequirements.\nPayments\tfor\tautomotive\tregulatory\tcredits\tare\ttypically\treceived\tat\tthe\tpoint\tcontrol\ttransfers\tto\tthe\tcustomer,\tor\tin\taccordance\twith\tpayment\nterms\tcustomary\tto\tthe\tbusiness.\tWe\trecognize\trevenue\ton\tthe\tsale\tof\tautomotive\tregulatory\tcredits,\twhich\thave\tnegligible\tincremental\tcosts\tassociated\nwith\tthem,\tat\tthe\ttime\tcontrol\tof\tthe\tregulatory\tcredits\tis\ttransferred\tto\tthe\tpurchasing\tparty.\tDeferred\trevenue\trelated\tto\tsales\tof\tautomotive\tregulatory", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 58, "lines": { "from": 22, "to": 36 } } } }, { "pageContent": "credits\twas\timmaterial\tas\tof\tDecember\t31,\t2023\tand\t2022.\tRevenue\trecognized\tfrom\tthe\tdeferred\trevenue\tbalance\tas\tof\tDecember\t31,\t2022\tand\t2021\nwas\timmaterial\tfor\tthe\tyears\tended\tDecember\t31,\t2023\tand\t2022.\tDuring\tthe\tyear\tended\tDecember\t31,\t2022,\twe\thad\talso\trecognized\t$288\tmillion\tin\nrevenue\tdue\tto\tchanges\tin\tregulation\twhich\tentitled\tus\tto\tadditional\tconsideration\tfor\tcredits\tsold\tpreviously.\n56", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 58, "lines": { "from": 37, "to": 40 } } } }, { "pageContent": "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.\tQualifying\ncustomers\tare\tpermitted\tto\tlease\ta\tvehicle\tdirectly\tfrom\tTesla\tfor\tup\tto\t48\tmonths.\tAt\tthe\tend\tof\tthe\tlease\tterm,\tcustomers\tare\tgenerally\trequired\tto\nreturn\tthe\tvehicles\tto\tus.\tWe\taccount\tfor\tthese\tleasing\ttransactions\tas\toperating\tleases.\tWe\trecord\tleasing\trevenues\tto\tautomotive\tleasing\trevenue\ton\ta\nstraight-line\tbasis\tover\tthe\tcontractual\tterm,\tand\twe\trecord\tthe\tdepreciation\tof\tthese\tvehicles\tto\tcost\tof\tautomotive\tleasing\trevenue.\tFor\tthe\tyears\tended\nDecember\t31,\t2023,\t2022\tand\t2021,\twe\trecognized\t$1.86\tbillion,\t$1.75\tbillion\tand\t$1.25\tbillion\tof\tdirect\tvehicle\tleasing\trevenue,\trespectively.\tAs\tof\nDecember\t31,\t2023\tand\t2022,\twe\thad\tdeferred\t$458\tmillion\tand\t$407\tmillion,\trespectively,\tof\tlease-related\tupfront\tpayments,\twhich\twill\tbe\trecognized\non\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,\tLeases\n(“ASC\t842”),\tin\tcertain\tcountries\tin\tAsia\tand\tEurope.\tDepending\ton\tthe\tspecific\tprogram,\tcustomers\tmay\tor\tmay\tnot\thave\ta\tright\tto\treturn\tthe\tvehicle\tto\nus\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\tof\tthe\tlease\nterm\tafter\tmaking\tall\tcontractual\tpayments.\tUnder\tthe\tprograms\tfor\twhich\tthere\tis\ta\tright\tto\treturn,\tthe\tpurchase\toption\tis\treasonably\tcertain\tto\tbe\nexercised\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\tcontractual", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 59, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "payments.\tOur\tarrangements\tunder\tthese\tprograms\tcan\thave\tterms\tfor\tup\tto\t72\tmonths.\tWe\trecognize\tall\trevenue\tand\tcosts\tassociated\twith\tthe\tsales-\ntype\tlease\tas\tautomotive\tleasing\trevenue\tand\tautomotive\tleasing\tcost\tof\trevenue,\trespectively,\tupon\tdelivery\tof\tthe\tvehicle\tto\tthe\tcustomer.\tInterest\nincome\tbased\ton\tthe\timplicit\trate\tin\tthe\tlease\tis\trecorded\tto\tautomotive\tleasing\trevenue\tover\ttime\tas\tcustomers\tare\tinvoiced\ton\ta\tmonthly\tbasis.\tFor\tthe\nyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021,\twe\trecognized\t$215\tmillion,\t$683\tmillion\tand\t$369\tmillion,\trespectively,\tof\tsales-type\tleasing\trevenue\nand\t$164\tmillion,\t$427\tmillion\tand\t$234\tmillion,\trespectively,\tof\tsales-type\tleasing\tcost\tof\trevenue.\nServices\tand\tOther\tRevenue\nServices\tand\tother\trevenue\tconsists\tof\tsales\tof\tused\tvehicles,\tnon-warranty\tafter-sales\tvehicle\tservices,\tbody\tshop\tand\tparts,\tpaid\tSupercharging,\nvehicle\tinsurance\trevenue\tand\tretail\tmerchandise.\nRevenues\trelated\tto\trepair,\tmaintenance\tand\tvehicle\tinsurance\tservices\tare\trecognized\tover\ttime\tas\tservices\tare\tprovided\tand\textended\tservice\nplans\tare\trecognized\tover\tthe\tperformance\tperiod\tof\tthe\tservice\tcontract\tas\tthe\tobligation\trepresents\ta\tstand-ready\tobligation\tto\tthe\tcustomer.\tWe\tsell\nused\tvehicles,\tservices,\tservice\tplans,\tvehicle\tcomponents\tand\tmerchandise\tseparately\tand\tthus\tuse\tstandalone\tselling\tprices\tas\tthe\tbasis\tfor\trevenue\nallocation\tto\tthe\textent\tthat\tthese\titems\tare\tsold\tin\ttransactions\twith\tother\tperformance\tobligations.\tPayment\tfor\tused\tvehicles,\tservices,\tvehicle\ncomponents,\tand\tmerchandise\tare\ttypically\treceived\tat\tthe\tpoint\twhen\tcontrol\ttransfers\tto\tthe\tcustomer\tor\tin\taccordance\twith\tpayment\tterms\tcustomary\nto\tthe\tbusiness.\tPayments\treceived\tfor\tprepaid\tplans\tare\trefundable\tupon\tcustomer\tcancellation\tof\tthe\trelated\tcontracts\tand\tare\tincluded\twithin\nCustomer\tdeposits\ton\tthe\tconsolidated\tbalance\tsheets.\tWe\trecord\tin\tDeferred\trevenue\tany\tnon-refundable\tprepayment\tamounts\tthat\tare\tcollected\tfrom", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 59, "lines": { "from": 17, "to": 31 } } } }, { "pageContent": "customers\tand\tunearned\tinsurance\tpremiums,\twhich\tis\trecognized\tas\trevenue\tratably\tover\tthe\trespective\tcustomer\tcontract\tterm.\tDeferred\trevenue\nexcluding\tunearned\tinsurance\tpremiums\twas\timmaterial\tas\tof\tDecember\t31,\t2023\tand\t2022.\n57", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 59, "lines": { "from": 32, "to": 34 } } } }, { "pageContent": "Energy\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\ncommercial,\tlarge\tcommercial\tand\tutility\tgrade\tcustomers.\tSales\tof\tsolar\tenergy\tsystems\tto\tresidential\tand\tsmall\tscale\tcommercial\tcustomers\tconsist\tof\nthe\tengineering,\tdesign\tand\tinstallation\tof\tthe\tsystem.\tResidential\tand\tsmall\tscale\tcommercial\tcustomers\tpay\tthe\tfull\tpurchase\tprice\tof\tthe\tsolar\tenergy\nsystem\tupfront.\tRevenue\tfor\tthe\tdesign\tand\tinstallation\tobligation\tis\trecognized\twhen\tcontrol\ttransfers,\twhich\tis\twhen\twe\tinstall\ta\tsolar\tenergy\tsystem\nand\tthe\tsystem\tpasses\tinspection\tby\tthe\tutility\tor\tthe\tauthority\thaving\tjurisdiction.\tSales\tof\tenergy\tstorage\tsystems\tto\tresidential\tand\tsmall\tscale\ncommercial\tcustomers\tconsist\tof\tthe\tinstallation\tof\tthe\tenergy\tstorage\tsystem\tand\trevenue\tis\trecognized\twhen\tcontrol\ttransfers,\twhich\tis\twhen\tthe\nproduct\thas\tbeen\tdelivered\tor,\tif\twe\tare\tperforming\tinstallation,\twhen\tinstalled\tand\tcommissioned.\tPayment\tfor\tsuch\tstorage\tsystems\tis\tmade\tupon\ninvoice\tor\tin\taccordance\twith\tpayment\tterms\tcustomary\tto\tthe\tbusiness.\nFor\tlarge\tcommercial\tand\tutility\tgrade\tenergy\tstorage\tsystem\tsales\twhich\tconsist\tof\tthe\tengineering,\tdesign\tand\tinstallation\tof\tthe\tsystem,\ncustomers\tmake\tmilestone\tpayments\tthat\tare\tconsistent\twith\tcontract-specific\tphases\tof\ta\tproject.\tRevenue\tfrom\tsuch\tcontracts\tis\trecognized\tover\ttime\nusing\tthe\tpercentage\tof\tcompletion\tmethod\tbased\ton\tcost\tincurred\tas\ta\tpercentage\tof\ttotal\testimated\tcontract\tcosts\tfor\tenergy\tstorage\tsystem\tsales.\nIn\tinstances\twhere\tthere\tare\tmultiple\tperformance\tobligations\tin\ta\tsingle\tcontract,\twe\tallocate\tthe\tconsideration\tto\tthe\tvarious\tobligations\tin\tthe\ncontract\tbased\ton\tthe\trelative\tstandalone\tselling\tprice\tmethod.\tStandalone\tselling\tprices\tare\testimated\tbased\ton\testimated\tcosts\tplus\tmargin\tor\tby\tusing", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 60, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "market\tdata\tfor\tcomparable\tproducts.\tCosts\tto\tobtain\ta\tcontract\trelate\tmainly\tto\tcommissions\tpaid\tto\tour\tsales\tpersonnel\trelated\tto\tthe\tsale\tof\tenergy\nstorage\tsystems.\tAs\tour\tcontract\tcosts\trelated\tto\tenergy\tstorage\tsystem\tsales\tare\ttypically\tfulfilled\twithin\tone\tyear,\tthe\tcosts\tto\tobtain\ta\tcontract\tare\nexpensed\tas\tincurred.\nAs\tpart\tof\tour\tenergy\tstorage\tsystem\tcontracts,\twe\tmay\tprovide\tthe\tcustomer\twith\tperformance\tguarantees\tthat\twarrant\tthat\tthe\tunderlying\tsystem\nwill\tmeet\tor\texceed\tthe\tminimum\tenergy\tperformance\trequirements\tspecified\tin\tthe\tcontract.\tIf\tan\tenergy\tstorage\tsystem\tdoes\tnot\tmeet\tthe\nperformance\tguarantee\trequirements,\twe\tmay\tbe\trequired\tto\tpay\tliquidated\tdamages.\tOther\tforms\tof\tvariable\tconsideration\trelated\tto\tour\tlarge\ncommercial\tand\tutility\tgrade\tenergy\tstorage\tsystem\tcontracts\tinclude\tvariable\tcustomer\tpayments\tthat\twill\tbe\tmade\tbased\ton\tour\tenergy\tmarket\nparticipation\tactivities.\tSuch\tguarantees\tand\tvariable\tcustomer\tpayments\trepresent\ta\tform\tof\tvariable\tconsideration\tand\tare\testimated\tat\tcontract\ninception\tat\ttheir\tmost\tlikely\tamount\tand\tupdated\tat\tthe\tend\tof\teach\treporting\tperiod\tas\tadditional\tperformance\tdata\tbecomes\tavailable.\tSuch\testimates\nare\tincluded\tin\tthe\ttransaction\tprice\tonly\tto\tthe\textent\tthat\tit\tis\tprobable\ta\tsignificant\treversal\tof\trevenue\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\nrecognized\tas\trevenue\tratably\tover\tthe\trespective\tcustomer\tcontract\tterm.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\tdeferred\trevenue\trelated\tto\tsuch\ncustomer\tpayments\tamounted\tto\t$1.60\tbillion\tand\t$863\tmillion,\trespectively,\tmainly\tdue\tto\tcontractual\tpayment\tterms.\tRevenue\trecognized\tfrom\tthe\ndeferred\trevenue\tbalance\tas\tof\tDecember\t31,\t2022\tand\t2021\twas\t$571\tmillion\tand\t$171\tmillion\tfor\tthe\tyears\tended\tDecember\t31,\t2023\tand\t2022,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 60, "lines": { "from": 16, "to": 29 } } } }, { "pageContent": "respectively.\tWe\thave\telected\tthe\tpractical\texpedient\tto\tomit\tdisclosure\tof\tthe\tamount\tof\tthe\ttransaction\tprice\tallocated\tto\tremaining\tperformance\nobligations\tfor\tenergy\tgeneration\tand\tstorage\tsales\twith\tan\toriginal\texpected\tcontract\tlength\tof\tone\tyear\tor\tless\tand\tthe\tamount\tthat\twe\thave\tthe\tright\tto\ninvoice\twhen\tthat\tamount\tcorresponds\tdirectly\twith\tthe\tvalue\tof\tthe\tperformance\tto\tdate.\tAs\tof\tDecember\t31,\t2023,\ttotal\ttransaction\tprice\tallocated\tto\nperformance\tobligations\tthat\twere\tunsatisfied\tor\tpartially\tunsatisfied\tfor\tcontracts\twith\tan\toriginal\texpected\tlength\tof\tmore\tthan\tone\tyear\twas\t$3.43\nbillion.\tOf\tthis\tamount,\twe\texpect\tto\trecognize\t$1.05\tbillion\tin\tthe\tnext\t12\tmonths\tand\tthe\trest\tover\tthe\tremaining\tperformance\tobligation\tperiod.\nWe\thave\tbeen\tproviding\tloans\tfor\tfinancing\tour\tenergy\tgeneration\tproducts\tin\tvolume\tsince\tfiscal\tyear\t2022.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\nwe\thave\trecorded\tnet\tfinancing\treceivables\ton\tthe\tconsolidated\tbalance\tsheets,\tof\twhich\t$31\tmillion\tand\t$24\tmillion,\trespectively,\tis\trecorded\twithin\nAccounts\treceivable,\tnet,\tfor\tthe\tcurrent\tportion\tand\t$578\tmillion\tand\t$387\tmillion,\trespectively,\tis\trecorded\twithin\tOther\tnon-current\tassets\tfor\tthe\tlong-\nterm\tportion.\n58", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 60, "lines": { "from": 30, "to": 39 } } } }, { "pageContent": "Energy\tGeneration\tand\tStorage\tLeasing\nFor\trevenue\tarrangements\twhere\twe\tare\tthe\tlessor\tunder\toperating\tlease\tagreements\tfor\tenergy\tgeneration\tand\tstorage\tproducts,\twe\trecord\tlease\nrevenue\tfrom\tminimum\tlease\tpayments,\tincluding\tupfront\trebates\tand\tincentives\tearned\tfrom\tsuch\tsystems,\ton\ta\tstraight-line\tbasis\tover\tthe\tlife\tof\tthe\nlease\tterm,\tassuming\tall\tother\trevenue\trecognition\tcriteria\thave\tbeen\tmet.\tThe\tdifference\tbetween\tthe\tpayments\treceived\tand\tthe\trevenue\trecognized\tis\nrecorded\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\nagreements\tshould\tbe\taccounted\tfor\tas\toperating\tleases\tpursuant\tto\tASC\t840,\tLeases.\tRevenue\tis\trecognized\tbased\ton\tthe\tamount\tof\telectricity\ndelivered\tat\trates\tspecified\tunder\tthe\tcontracts,\tassuming\tall\tother\trevenue\trecognition\tcriteria\tare\tmet.\nWe\trecord\tas\tdeferred\trevenue\tany\tamounts\tthat\tare\tcollected\tfrom\tcustomers,\tincluding\tlease\tprepayments,\tin\texcess\tof\trevenue\trecognized,\nwhich\tis\trecognized\tas\trevenue\tratably\tover\tthe\trespective\tcustomer\tcontract\tterm.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\tdeferred\trevenue\trelated\tto\tsuch\ncustomer\tpayments\tamounted\tto\t$181\tmillion\tand\t$191\tmillion,\trespectively.\tDeferred\trevenue\talso\tincludes\tthe\tportion\tof\trebates\tand\tincentives\nreceived\tfrom\tutility\tcompanies\tand\tvarious\tlocal\tand\tstate\tgovernment\tagencies,\twhich\tis\trecognized\tas\trevenue\tover\tthe\tlease\tterm.\tAs\tof\nDecember\t31,\t2023\tand\t2022,\tdeferred\trevenue\tfrom\trebates\tand\tincentives\twas\timmaterial.\nWe\tcapitalize\tinitial\tdirect\tcosts\tfrom\tthe\texecution\tof\tagreements\tfor\tsolar\tenergy\tsystems\tand\tPPAs,\twhich\tinclude\tthe\treferral\tfees\tand\tsales\ncommissions,\tas\tan\telement\tof\tsolar\tenergy\tsystems,\tnet,\tand\tsubsequently\tamortize\tthese\tcosts\tover\tthe\tterm\tof\tthe\trelated\tagreements.\nCost\tof\tRevenues\nAutomotive\tSegment\nAutomotive\tSales", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 61, "lines": { "from": 1, "to": 18 } } } }, { "pageContent": "Automotive\tSegment\nAutomotive\tSales\nCost\tof\tautomotive\tsales\trevenue\tincludes\tdirect\tand\tindirect\tmaterials,\tlabor\tcosts,\tmanufacturing\toverhead,\tincluding\tdepreciation\tcosts\tof\ttooling\nand\tmachinery,\tshipping\tand\tlogistic\tcosts,\tvehicle\tconnectivity\tcosts,\tFSD\tCapability\tongoing\tmaintenance\tcosts,\tallocations\tof\telectricity\tand\ninfrastructure\tcosts\trelated\tto\tour\tSupercharger\tnetwork\tand\treserves\tfor\testimated\twarranty\texpenses.\tCost\tof\tautomotive\tsales\trevenues\talso\tincludes\nadjustments\tto\twarranty\texpense\tand\tcharges\tto\twrite\tdown\tthe\tcarrying\tvalue\tof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\nprovide\tfor\tobsolete\tand\ton-hand\tinventory\tin\texcess\tof\tforecasted\tdemand.\tAdditionally,\tcost\tof\tautomotive\tsales\trevenue\tbenefits\tfrom\tmanufacturing\ncredits\tearned.\nAutomotive\tLeasing\nCost\tof\tautomotive\tleasing\trevenue\tincludes\tthe\tdepreciation\tof\toperating\tlease\tvehicles,\tcost\tof\tgoods\tsold\tassociated\twith\tdirect\tsales-type\tleases\nand\twarranty\texpense\trelated\tto\tleased\tvehicles.\nServices\tand\tOther\nCosts\tof\tservices\tand\tother\trevenue\tincludes\tcost\tof\tused\tvehicles\tincluding\trefurbishment\tcosts,\tcosts\tassociated\twith\tproviding\tnon-warranty\nafter-sales\tservices,\tcosts\tassociated\twith\tour\tbody\tshops\tand\tpart\tsales,\tcosts\tof\tpaid\tSupercharging,\tcosts\tto\tprovide\tvehicle\tinsurance\tand\tcosts\tfor\nretail\tmerchandise.\nEnergy\tGeneration\tand\tStorage\tSegment\nEnergy\tGeneration\tand\tStorage\nCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\tincludes\tdirect\tand\tindirect\tmaterial\tand\tlabor\tcosts,\toverhead\tcosts,\tfreight,\twarranty\texpense,\tand\namortization\tof\tcertain\tacquired\tintangible\tassets.\tCost\tof\tenergy\tgeneration\tand\tstorage\trevenue\talso\tincludes\tcharges\tto\twrite\tdown\tthe\tcarrying\tvalue\nof\tour\tinventory\twhen\tit\texceeds\tits\testimated\tnet\trealizable\tvalue\tand\tto\tprovide\tfor\tobsolete\tand\ton-hand\tinventory\tin\texcess\tof\tforecasted\tdemand.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 61, "lines": { "from": 17, "to": 36 } } } }, { "pageContent": "Additionally,\tcost\tof\tenergy\tgeneration\tand\tstorage\trevenue\tbenefits\tfrom\tmanufacturing\tcredits\tearned.\tIn\tagreements\tfor\tsolar\tenergy\tsystems\tand\nPPAs\twhere\twe\tare\tthe\tlessor,\tthe\tcost\tof\trevenue\tis\tprimarily\tcomprised\tof\tdepreciation\tof\tthe\tcost\tof\tleased\tsolar\tenergy\tsystems,\tmaintenance\tcosts\nassociated\twith\tthose\tsystems\tand\tamortization\tof\tany\tinitial\tdirect\tcosts.\n59", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 61, "lines": { "from": 37, "to": 40 } } } }, { "pageContent": "Research\tand\tDevelopment\tCosts\nResearch\tand\tdevelopment\tcosts\tare\texpensed\tas\tincurred.\nIncome\tTaxes\nWe\tare\tsubject\tto\tincome\ttaxes\tin\tthe\tU.S.\tand\tin\tmany\tforeign\tjurisdictions.\tIncome\ttaxes\tare\tcomputed\tusing\tthe\tasset\tand\tliability\tmethod,\tunder\nwhich\tdeferred\ttax\tassets\tand\tliabilities\tare\tdetermined\tbased\ton\tthe\tdifference\tbetween\tthe\tfinancial\tstatement\tand\ttax\tbases\tof\tassets\tand\tliabilities\nusing\tenacted\ttax\trates\tin\teffect\tfor\tthe\tyear\tin\twhich\tthe\tdifferences\tare\texpected\tto\taffect\ttaxable\tincome.\tValuation\tallowances\tare\testablished\twhen\nnecessary\tto\treduce\tdeferred\ttax\tassets\tto\tthe\tamount\texpected\tto\tbe\trealized.\nWe\tmonitor\tthe\trealizability\tof\tour\tdeferred\ttax\tassets\ttaking\tinto\taccount\tall\trelevant\tfactors\tat\teach\treporting\tperiod.\tSignificant\tjudgment\tis\nrequired\tin\tdetermining\tour\tprovision\tfor\tincome\ttaxes,\tour\tdeferred\ttax\tassets\tand\tliabilities\tand\tany\tvaluation\tallowance\trecorded\tagainst\tour\tnet\ndeferred\ttax\tassets\tthat\tare\tnot\tmore\tlikely\tthan\tnot\tto\tbe\trealized.\tIn\tcompleting\tour\tassessment\tof\trealizability\tof\tour\tdeferred\ttax\tassets,\twe\tconsider\nour\thistory\tof\tincome\t(loss)\tmeasured\tat\tpre-tax\tincome\t(loss)\tadjusted\tfor\tpermanent\tbook-tax\tdifferences\ton\ta\tjurisdictional\tbasis,\tvolatility\tin\tactual\nearnings,\texcess\ttax\tbenefits\trelated\tto\tstock-based\tcompensation\tin\trecent\tprior\tyears,\tand\timpacts\tof\tthe\ttiming\tof\treversal\tof\texisting\ttemporary\ndifferences.\tWe\talso\trely\ton\tour\tassessment\tof\tthe\tCompany’s\tprojected\tfuture\tresults\tof\tbusiness\toperations,\tincluding\tuncertainty\tin\tfuture\toperating\nresults\trelative\tto\thistorical\tresults,\tvolatility\tin\tthe\tmarket\tprice\tof\tour\tcommon\tstock\tand\tits\tperformance\tover\ttime,\tvariable\tmacroeconomic\tconditions\nimpacting\tour\tability\tto\tforecast\tfuture\ttaxable\tincome,\tand\tchanges\tin\tbusiness\tthat\tmay\taffect\tthe\texistence\tand\tmagnitude\tof\tfuture\ttaxable\tincome.\nOur\tvaluation\tallowance\tassessment\tis\tbased\ton\tour\tbest\testimate\tof\tfuture\tresults\tconsidering\tall\tavailable\tinformation.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 62, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "We\trecord\tliabilities\trelated\tto\tuncertain\ttax\tpositions\twhen,\tdespite\tour\tbelief\tthat\tour\ttax\treturn\tpositions\tare\tsupportable,\twe\tbelieve\tthat\tit\tis\nmore\tlikely\tthan\tnot\tthat\tthose\tpositions\tmay\tnot\tbe\tfully\tsustained\tupon\treview\tby\ttax\tauthorities.\tAccrued\tinterest\tand\tpenalties\trelated\tto\nunrecognized\ttax\tbenefits\tare\tclassified\tas\tincome\ttax\texpense.\nThe\tTax\tCuts\tand\tJobs\tAct\tsubjects\ta\tU.S.\tshareholder\tto\ttax\ton\tglobal\tintangible\tlow-taxed\tincome\t(“GILTI”)\tearned\tby\tcertain\tforeign\tsubsidiaries.\nUnder\tGAAP,\twe\tcan\tmake\tan\taccounting\tpolicy\telection\tto\teither\ttreat\ttaxes\tdue\ton\tthe\tGILTI\tinclusion\tas\ta\tcurrent\tperiod\texpense\tor\tfactor\tsuch\namounts\tinto\tour\tmeasurement\tof\tdeferred\ttaxes.\tWe\telected\tthe\tdeferred\tmethod,\tunder\twhich\twe\trecorded\tthe\tcorresponding\tdeferred\ttax\tassets\tand\nliabilities\tin\tour\tconsolidated\tbalance\tsheets.\nComprehensive\tIncome\nComprehensive\tincome\tis\tcomprised\tof\tnet\tincome\tand\tother\tcomprehensive\tincome\t(loss).\tOther\tcomprehensive\tincome\t(loss)\tconsists\tof\tforeign\ncurrency\ttranslation\tadjustments\tand\tunrealized\tnet\tgains\tand\tlosses\ton\tinvestments\tthat\thave\tbeen\texcluded\tfrom\tthe\tdetermination\tof\tnet\tincome.\nStock-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\temployee\nservices\treceived\tin\texchange\tfor\tthe\tstock-based\tawards.\tThe\tfair\tvalue\tof\tstock\toption\tawards\twith\tonly\tservice\tand/or\tperformance\tconditions\tis\nestimated\ton\tthe\tgrant\tor\toffering\tdate\tusing\tthe\tBlack-Scholes\toption-pricing\tmodel.\tThe\tBlack-Scholes\toption-pricing\tmodel\trequires\tinputs\tsuch\tas\tthe\nrisk-free\tinterest\trate,\texpected\tterm\tand\texpected\tvolatility.\tThese\tinputs\tare\tsubjective\tand\tgenerally\trequire\tsignificant\tjudgment.\tThe\tfair\tvalue\tof\nRSUs\tis\tmeasured\ton\tthe\tgrant\tdate\tbased\ton\tthe\tclosing\tfair\tmarket\tvalue\tof\tour\tcommon\tstock.\tThe\tresulting\tcost\tis\trecognized\tover\tthe\tperiod\tduring", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 62, "lines": { "from": 17, "to": 32 } } } }, { "pageContent": "which\tan\temployee\tis\trequired\tto\tprovide\tservice\tin\texchange\tfor\tthe\tawards,\tusually\tthe\tvesting\tperiod,\twhich\tis\tgenerally\tfour\tyears\tfor\tstock\toptions\nand\tRSUs\tand\tsix\tmonths\tfor\tthe\tESPP.\tStock-based\tcompensation\texpense\tis\trecognized\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\tindividual\nperformance\tmilestones\twhen\tthe\tachievement\tof\teach\tindividual\tperformance\tmilestone\tbecomes\tprobable.\n60", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 62, "lines": { "from": 33, "to": 37 } } } }, { "pageContent": "As\twe\taccumulate\tadditional\temployee\tstock-based\tawards\tdata\tover\ttime\tand\tas\twe\tincorporate\tmarket\tdata\trelated\tto\tour\tcommon\tstock,\twe\tmay\ncalculate\tsignificantly\tdifferent\tvolatilities\tand\texpected\tlives,\twhich\tcould\tmaterially\timpact\tthe\tvaluation\tof\tour\tstock-based\tawards\tand\tthe\tstock-based\ncompensation\texpense\tthat\twe\twill\trecognize\tin\tfuture\tperiods.\tStock-based\tcompensation\texpense\tis\trecorded\tin\tCost\tof\trevenues,\tResearch\tand\ndevelopment\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\narrangements,\tor\tfunds,\tthat\twe\thave\tentered\tinto\tto\tfinance\tthe\tcosts\tof\tsolar\tenergy\tsystems\tand\tvehicles\tunder\toperating\tleases.\tWe\thave\tdetermined\nthat\tthe\tcontractual\tprovisions\tof\tthe\tfunds\trepresent\tsubstantive\tprofit-sharing\tarrangements.\tWe\thave\tfurther\tdetermined\tthat\tthe\tmethodology\tfor\ncalculating\tthe\tnoncontrolling\tinterest\tand\tredeemable\tnoncontrolling\tinterest\tbalances\tthat\treflects\tthe\tsubstantive\tprofit-sharing\tarrangements\tis\ta\nbalance\tsheet\tapproach\tusing\tthe\thypothetical\tliquidation\tat\tbook\tvalue\t(“HLBV”)\tmethod.\tWe,\ttherefore,\tdetermine\tthe\tamount\tof\tthe\tnoncontrolling\ninterests\tand\tredeemable\tnoncontrolling\tinterests\tin\tthe\tnet\tassets\tof\tthe\tfunds\tat\teach\tbalance\tsheet\tdate\tusing\tthe\tHLBV\tmethod,\twhich\tis\tpresented\ton\nthe\tconsolidated\tbalance\tsheet\tas\tnoncontrolling\tinterests\tin\tsubsidiaries\tand\tredeemable\tnoncontrolling\tinterests\tin\tsubsidiaries.\tUnder\tthe\tHLBV\nmethod,\tthe\tamounts\treported\tas\tnoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\tinterests\tin\tthe\tconsolidated\tbalance\tsheet\trepresent\tthe\namounts\tthe\tthird\tparties\twould\thypothetically\treceive\tat\teach\tbalance\tsheet\tdate\tunder\tthe\tliquidation\tprovisions\tof\tthe\tfunds,\tassuming\tthe\tnet\tassets", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 63, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "of\tthe\tfunds\twere\tliquidated\tat\ttheir\trecorded\tamounts\tdetermined\tin\taccordance\twith\tGAAP\tand\twith\ttax\tlaws\teffective\tat\tthe\tbalance\tsheet\tdate\tand\ndistributed\tto\tthe\tthird\tparties.\tThe\tthird\tparties’\tinterests\tin\tthe\tresults\tof\toperations\tof\tthe\tfunds\tare\tdetermined\tas\tthe\tdifference\tin\tthe\tnoncontrolling\ninterest\tand\tredeemable\tnoncontrolling\tinterest\tbalances\tin\tthe\tconsolidated\tbalance\tsheets\tbetween\tthe\tstart\tand\tend\tof\teach\treporting\tperiod,\tafter\ntaking\tinto\taccount\tany\tcapital\ttransactions\tbetween\tthe\tfunds\tand\tthe\tthird\tparties.\tHowever,\tthe\tredeemable\tnoncontrolling\tinterest\tbalance\tis\tat\tleast\nequal\tto\tthe\tredemption\tamount.\tThe\tredeemable\tnoncontrolling\tinterest\tbalance\tis\tpresented\tas\ttemporary\tequity\tin\tthe\tmezzanine\tsection\tof\tthe\nconsolidated\tbalance\tsheet\tsince\tthese\tthird\tparties\thave\tthe\tright\tto\tredeem\ttheir\tinterests\tin\tthe\tfunds\tfor\tcash\tor\tother\tassets.\tFor\tcertain\tfunds,\tthere\nhave\tbeen\tsignificant\tfluctuations\tin\tnet\t(loss)\tincome\tattributable\tto\tnoncontrolling\tinterests\tand\tredeemable\tnoncontrolling\tinterests\tin\tsubsidiaries\tdue\nto\tchanges\tin\tthe\tliquidation\tprovisions\tas\ttime-based\tmilestones\thave\tbeen\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\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\nthe\tif-converted\tmethod,\tas\tapplicable,\tare\tincluded\twhen\tcalculating\tdiluted\tnet\tincome\tper\tshare\tof\tcommon\tstock\tattributable\tto\tcommon\tstockholders\nwhen\ttheir\teffect\tis\tdilutive.\nFurthermore,\tin\tconnection\twith\tthe\tofferings\tof\tour\tconvertible\tsenior\tnotes,\twe\tentered\tinto\tconvertible\tnote\thedges\tand\twarrants\t(see\tNote\t11,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 63, "lines": { "from": 15, "to": 29 } } } }, { "pageContent": "Debt).\tHowever,\tour\tconvertible\tnote\thedges\tare\tnot\tincluded\twhen\tcalculating\tpotentially\tdilutive\tshares\tsince\ttheir\teffect\tis\talways\tanti-dilutive.\tThe\nstrike\tprice\ton\tthe\twarrants\twere\tbelow\tour\taverage\tshare\tprice\tduring\tthe\tperiod\tand\twere\tincluded\tin\tthe\ttables\tbelow.\tWarrants\tare\tincluded\tin\tthe\nweighted-average\tshares\tused\tin\tcomputing\tbasic\tnet\tincome\tper\tshare\tof\tcommon\tstock\tin\tthe\tperiod(s)\tthey\tare\tsettled.\nThe\tfollowing\ttable\tpresents\tthe\treconciliation\tof\tnet\tincome\tattributable\tto\tcommon\tstockholders\tto\tnet\tincome\tused\tin\tcomputing\tbasic\tand\ndiluted\tnet\tincome\tper\tshare\tof\tcommon\tstock\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nNet\tincome\tattributable\tto\tcommon\tstockholders$14,997\t$12,556\t$5,519\t\nLess:\tBuy-out\tof\tnoncontrolling\tinterest(2)(27)(5)\nNet\tincome\tused\tin\tcomputing\tbasic\tnet\tincome\tper\tshare\tof\tcommon\tstock14,999\t12,583\t5,524\t\nLess:\tDilutive\tconvertible\tdebt—\t(1)(9)\nNet\tincome\tused\tin\tcomputing\tdiluted\tnet\tincome\tper\tshare\tof\tcommon\tstock\n$14,999\t$12,584\t$5,533\t\n61", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 63, "lines": { "from": 30, "to": 43 } } } }, { "pageContent": "The\tfollowing\ttable\tpresents\tthe\treconciliation\tof\tbasic\tto\tdiluted\tweighted\taverage\tshares\tused\tin\tcomputing\tnet\tincome\tper\tshare\tof\tcommon\nstock\tattributable\tto\tcommon\tstockholders\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nWeighted\taverage\tshares\tused\tin\tcomputing\tnet\tincome\tper\tshare\tof\tcommon\tstock,\nbasic3,1743,1302,959\nAdd:\nStock-based\tawards298310292\nConvertible\tsenior\tnotes2329\nWarrants1132106\nWeighted\taverage\tshares\tused\tin\tcomputing\tnet\tincome\tper\tshare\tof\tcommon\tstock,\ndiluted\n3,4853,4753,386\nThe\tfollowing\ttable\tpresents\tthe\tpotentially\tdilutive\tshares\tthat\twere\texcluded\tfrom\tthe\tcomputation\tof\tdiluted\tnet\tincome\tper\tshare\tof\tcommon\nstock\tattributable\tto\tcommon\tstockholders,\tbecause\ttheir\teffect\twas\tanti-dilutive\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nStock-based\tawards\n1241\nBusiness\tCombinations\nWe\taccount\tfor\tbusiness\tacquisitions\tunder\tASC\t805,\tBusiness\tCombinations.\tThe\ttotal\tpurchase\tconsideration\tfor\tan\tacquisition\tis\tmeasured\tas\tthe\nfair\tvalue\tof\tthe\tassets\tgiven,\tequity\tinstruments\tissued\tand\tliabilities\tassumed\tat\tthe\tacquisition\tdate.\tCosts\tthat\tare\tdirectly\tattributable\tto\tthe\nacquisition\tare\texpensed\tas\tincurred.\tIdentifiable\tassets\t(including\tintangible\tassets),\tliabilities\tassumed\t(including\tcontingent\tliabilities)\tand\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\ntotal\tpurchase\tconsideration\tand\tany\tnoncontrolling\tinterests\tis\tin\texcess\tof\tthe\tnet\tfair\tvalue\tof\tthe\tidentifiable\tassets\tacquired\tand\tthe\tliabilities\nassumed.\tWe\trecognize\ta\tbargain\tpurchase\tgain\twithin\tOther\tincome\t(expense),\tnet,\tin\tthe\tconsolidated\tstatement\tof\toperations\tif\tthe\tnet\tfair\tvalue\tof\nthe\tidentifiable\tassets\tacquired\tand\tthe\tliabilities\tassumed\tis\tin\texcess\tof\tthe\tfair\tvalue\tof\tthe\ttotal\tpurchase\tconsideration\tand\tany\tnoncontrolling", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 64, "lines": { "from": 1, "to": 27 } } } }, { "pageContent": "interests.\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\nequivalents\tare\tprimarily\tcomprised\tof\tU.S.\tgovernment\tsecurities,\tmoney\tmarket\tfunds\tand\tcommercial\tpaper.\nRestricted\tCash\nWe\tmaintain\tcertain\tcash\tbalances\trestricted\tas\tto\twithdrawal\tor\tuse.\tOur\trestricted\tcash\tis\tcomprised\tprimarily\tof\tcash\theld\tto\tservice\tcertain\npayments\tunder\tvarious\tsecured\tdebt\tfacilities.\tIn\taddition,\trestricted\tcash\tincludes\tcash\theld\tas\tcollateral\tfor\tsales\tto\tlease\tpartners\twith\ta\tresale\tvalue\nguarantee,\tletters\tof\tcredit,\treal\testate\tleases\tand\tdeposits\theld\tfor\tour\tinsurance\tservices.\tWe\trecord\trestricted\tcash\tas\tother\tassets\tin\tthe\tconsolidated\nbalance\tsheets\tand\tdetermine\tcurrent\tor\tnon-current\tclassification\tbased\ton\tthe\texpected\tduration\tof\tthe\trestriction.\n62", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 64, "lines": { "from": 28, "to": 37 } } } }, { "pageContent": "Our\ttotal\tcash\tand\tcash\tequivalents\tand\trestricted\tcash,\tas\tpresented\tin\tthe\tconsolidated\tstatements\tof\tcash\tflows,\twas\tas\tfollows\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nDecember\t31,\n2021\nCash\tand\tcash\tequivalents\n$16,398\t$16,253\t$17,576\t\nRestricted\tcash\tincluded\tin\tprepaid\texpenses\tand\tother\tcurrent\tassets543\t294\t345\t\nRestricted\tcash\tincluded\tin\tother\tnon-current\tassets248\t377\t223\t\nTotal\tas\tpresented\tin\tthe\tconsolidated\tstatements\tof\tcash\tflows\n$17,189\t$16,924\t$18,144\t\nInvestments\nInvestments\tmay\tbe\tcomprised\tof\ta\tcombination\tof\tmarketable\tsecurities,\tincluding\tU.S.\tgovernment\tsecurities,\tcorporate\tdebt\tsecurities,\ncommercial\tpaper,\ttime\tdeposits,\tand\tcertain\tcertificates\tof\tdeposit,\twhich\tare\tall\tdesignated\tas\tavailable-for-sale\tand\treported\tat\testimated\tfair\tvalue,\nwith\tunrealized\tgains\tand\tlosses\trecorded\tin\taccumulated\tother\tcomprehensive\tincome\twhich\tis\tincluded\twithin\tstockholders’\tequity.\tAvailable-for-sale\nmarketable\tsecurities\twith\tmaturities\tgreater\tthan\tthree\tmonths\tat\tthe\tdate\tof\tpurchase\tare\tincluded\tin\tshort-term\tinvestments\tin\tour\tconsolidated\nbalance\tsheets.\tInterest,\tdividends,\tamortization\tand\taccretion\tof\tpurchase\tpremiums\tand\tdiscounts\ton\tthese\tinvestments\tare\tincluded\twithin\tInterest\nincome\tin\tour\tconsolidated\tstatements\tof\toperations.\nThe\tcost\tof\tavailable-for-sale\tinvestments\tsold\tis\tbased\ton\tthe\tspecific\tidentification\tmethod.\tRealized\tgains\tand\tlosses\ton\tthe\tsale\tof\tavailable-for-\nsale\tinvestments\tare\trecorded\tin\tOther\tincome\t(expense),\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\tthe\ndecline,\t(ii)\tany\tcurrently\trecorded\texpected\tcredit\tlosses\tand\t(iii)\tthe\tcreditworthiness\tof\tthe\trespective\tsecurity\tissuers.\tThe\tamortized\tcost\tbasis\tof\tour\ninvestments\tapproximates\tits\tfair\tvalue.\nAccounts\tReceivable\tand\tAllowance\tfor\tDoubtful\tAccounts", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 65, "lines": { "from": 1, "to": 26 } } } }, { "pageContent": "Accounts\treceivable\tprimarily\tinclude\tamounts\trelated\tto\treceivables\tfrom\tfinancial\tinstitutions\tand\tleasing\tcompanies\toffering\tvarious\tfinancing\nproducts\tto\tour\tcustomers,\tsales\tof\tenergy\tgeneration\tand\tstorage\tproducts,\tsales\tof\tregulatory\tcredits\tto\tother\tautomotive\tmanufacturers\tand\ngovernment\trebates\talready\tpassed\tthrough\tto\tcustomers.\tWe\tprovide\tan\tallowance\tagainst\taccounts\treceivable\tfor\tthe\tamount\twe\texpect\tto\tbe\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\ncertain\tcustomer\tpayments\tto\tclear\tthrough\tour\tbanking\tinstitutions\tand\treceipts\tof\tpayments\tfrom\tour\tfinancing\tpartners,\twhich\tcan\ttake\tup\tto\napproximately\ttwo\tweeks\tbased\ton\tthe\tcontractual\tpayment\tterms\twith\tsuch\tpartners.\tOur\taccounts\treceivable\tbalances\tassociated\twith\tour\tsales\tof\nregulatory\tcredits\tare\tdependent\ton\tcontractual\tpayment\tterms.\tAdditionally,\tgovernment\trebates\tcan\ttake\tup\tto\ta\tyear\tor\tmore\tto\tbe\tcollected\ndepending\ton\tthe\tcustomary\tprocessing\ttimelines\tof\tthe\tspecific\tjurisdictions\tissuing\tthem.\tThese\tvarious\tfactors\tmay\thave\ta\tsignificant\timpact\ton\tour\naccounts\treceivable\tbalance\tfrom\tperiod\tto\tperiod.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\twe\thad\t$207\tmillion\tand\t$753\tmillion,\trespectively,\tof\tlong-term\ngovernment\trebates\treceivable\tin\tOther\tnon-current\tassets\tin\tour\tconsolidated\tbalance\tsheets.\nFinancing\tReceivables\nWe\tprovide\tfinancing\toptions\tto\tour\tcustomers\tfor\tour\tautomotive\tand\tenergy\tproducts.\tFinancing\treceivables\tare\tcarried\tat\tamortized\tcost,\tnet\tof\nallowance\tfor\tloan\tlosses.\tProvisions\tfor\tloan\tlosses\tare\tcharged\tto\toperations\tin\tamounts\tsufficient\tto\tmaintain\tthe\tallowance\tfor\tloan\tlosses\tat\tlevels\nconsidered\tadequate\tto\tcover\texpected\tcredit\tlosses\ton\tthe\tfinancing\treceivables.\tIn\tdetermining\texpected\tcredit\tlosses,\twe\tconsider\tour\thistorical\tlevel", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 65, "lines": { "from": 27, "to": 41 } } } }, { "pageContent": "of\tcredit\tlosses,\tcurrent\teconomic\ttrends,\tand\treasonable\tand\tsupportable\tforecasts\tthat\taffect\tthe\tcollectability\tof\tthe\tfuture\tcash\tflows.\nWhen\toriginating\tconsumer\treceivables,\twe\treview\tthe\tcredit\tapplication,\tthe\tproposed\tcontract\tterms,\tcredit\tbureau\tinformation\t(e.g.,\tFICO\tscore)\nand\tother\tinformation.\tOur\tevaluation\temphasizes\tthe\tapplicant’s\tability\tto\tpay\tand\tcreditworthiness\tfocusing\ton\tpayment,\taffordability,\tand\tapplicant\ncredit\thistory\tas\tkey\tconsiderations.\tGenerally,\tall\tcustomers\tin\tthis\tportfolio\thave\tstrong\tcreditworthiness\tat\tloan\torigination.\n63", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 65, "lines": { "from": 42, "to": 46 } } } }, { "pageContent": "After\torigination,\twe\treview\tthe\tcredit\tquality\tof\tretail\tfinancing\tbased\ton\tcustomer\tpayment\tactivity\tand\taging\tanalysis.\tFor\tall\tfinancing\nreceivables,\twe\tdefine\t“past\tdue”\tas\tany\tpayment,\tincluding\tprincipal\tand\tinterest,\twhich\tis\tat\tleast\t31\tdays\tpast\tthe\tcontractual\tdue\tdate.\tAs\tof\nDecember\t31,\t2023\tand\t2022,\tthe\tvast\tmajority\tof\tour\tfinancing\treceivables\twere\tat\tcurrent\tstatus\twith\tonly\tan\timmaterial\tbalance\tbeing\tpast\tdue.\tAs\tof\nDecember\t31,\t2023,\tthe\tmajority\tof\tour\tfinancing\treceivables,\texcluding\tMyPower\tnotes\treceivable,\twere\toriginated\tin\t2023\tand\t2022,\tand\tas\tof\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\npurchase\tof\ta\tsolar\tenergy\tsystem\tthrough\ta\t30-year\tloan\tand\twere\tall\toriginated\tprior\tto\tyear\t2018.\tThe\toutstanding\tbalances,\tnet\tof\tany\tallowance\tfor\nexpected\tcredit\tlosses,\tare\tpresented\ton\tthe\tconsolidated\tbalance\tsheets\tas\ta\tcomponent\tof\tPrepaid\texpenses\tand\tother\tcurrent\tassets\tfor\tthe\tcurrent\nportion\tand\tas\tOther\tnon-current\tassets\tfor\tthe\tlong-term\tportion.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\tthe\ttotal\toutstanding\tbalance\tof\tMyPower\ncustomer\tnotes\treceivable,\tnet\tof\tallowance\tfor\texpected\tcredit\tlosses,\twas\t$266\tmillion\tand\t$280\tmillion,\trespectively,\tof\twhich\t$5\tmillion\tand\t$7\tmillion\nwere\tdue\tin\tthe\tnext\t12\tmonths\tas\tof\tDecember\t31,\t2023\tand\t2022,\trespectively.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\tthe\tallowance\tfor\texpected\tcredit\nlosses\twas\t$36\tmillion\tand\t$37\tmillion,\trespectively.\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,\naccounts\treceivable\tand\tother\tfinance\treceivables.\tOur\tcash\tand\tinvestments\tbalances\tare\tprimarily\ton\tdeposit\tat\thigh\tcredit\tquality\tfinancial\tinstitutions", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 66, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "or\tinvested\tin\tmoney\tmarket\tfunds.\tThese\tdeposits\tare\ttypically\tin\texcess\tof\tinsured\tlimits.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\tno\tentity\trepresented\n10%\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\nproducts\tin\ta\ttimely\tmanner\tat\tprices,\tquality\tlevels\tand\tvolumes\tacceptable\tto\tus,\tor\tour\tinability\tto\tefficiently\tmanage\tthese\tcomponents\tfrom\tthese\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\napproximates\tactual\tcost\ton\ta\tfirst-in,\tfirst-out\tbasis.\tWe\trecord\tinventory\twrite-downs\tfor\texcess\tor\tobsolete\tinventories\tbased\tupon\tassumptions\tabout\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.\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.\nOnce\tinventory\tis\twritten-down,\ta\tnew,\tlower\tcost\tbasis\tfor\tthat\tinventory\tis\testablished\tand\tsubsequent\tchanges\tin\tfacts\tand\tcircumstances\tdo\tnot\tresult\nin\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\tsmall\nchange\tin\tour\testimates\tmay\tresult\tin\ta\tmaterial\tcharge\tto\tour\treported\tfinancial\tresults.\nOperating\tLease\tVehicles", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 66, "lines": { "from": 17, "to": 33 } } } }, { "pageContent": "Operating\tLease\tVehicles\nVehicles\tthat\tare\tleased\tas\tpart\tof\tour\tdirect\tvehicle\tleasing\tprogram\tare\tclassified\tas\toperating\tlease\tvehicles\tat\tcost\tless\taccumulated\ndepreciation.\tWe\tgenerally\tdepreciate\ttheir\tcost,\tless\tresidual\tvalue,\tusing\tthe\tstraight-line-method\tto\tcost\tof\tautomotive\tleasing\trevenue\tover\tthe\ncontractual\tperiod.\tThe\tgross\tcost\tof\toperating\tlease\tvehicles\tas\tof\tDecember\t31,\t2023\tand\t2022\twas\t$7.36\tbillion\tand\t$6.08\tbillion,\trespectively.\nOperating\tlease\tvehicles\ton\tthe\tconsolidated\tbalance\tsheets\tare\tpresented\tnet\tof\taccumulated\tdepreciation\tof\t$1.38\tbillion\tand\t$1.04\tbillion\tas\tof\nDecember\t31,\t2023\tand\t2022,\trespectively.\n64", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 66, "lines": { "from": 33, "to": 39 } } } }, { "pageContent": "Digital\tAssets,\tNet\nWe\tcurrently\taccount\tfor\tall\tdigital\tassets\theld\tas\tindefinite-lived\tintangible\tassets\tin\taccordance\twith\tASC\t350,\tIntangibles—Goodwill\tand\tOther.\tWe\nhave\townership\tof\tand\tcontrol\tover\tour\tdigital\tassets\tand\twe\tmay\tuse\tthird-party\tcustodial\tservices\tto\tsecure\tit.\tThe\tdigital\tassets\tare\tinitially\trecorded\tat\ncost\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,\tFair\tValue\tMeasurement\t(“ASC\t820”),\tbased\non\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\tanalysis\teach\nquarter\tto\tidentify\twhether\tevents\tor\tchanges\tin\tcircumstances,\tprincipally\tdecreases\tin\tthe\tquoted\tprices\ton\tactive\texchanges,\tindicate\tthat\tit\tis\tmore\nlikely\tthan\tnot\tthat\tour\tdigital\tassets\tare\timpaired.\tIn\tdetermining\tif\tan\timpairment\thas\toccurred,\twe\tconsider\tthe\tlowest\tmarket\tprice\tof\tone\tunit\tof\ndigital\tasset\tquoted\ton\tthe\tactive\texchange\tsince\tacquiring\tthe\tdigital\tasset.\tWhen\tthe\tthen\tcurrent\tcarrying\tvalue\tof\ta\tdigital\tasset\texceeds\tthe\tfair\nvalue\tdetermined\teach\tquarter,\tan\timpairment\tloss\thas\toccurred\twith\trespect\tto\tthose\tdigital\tassets\tin\tthe\tamount\tequal\tto\tthe\tdifference\tbetween\ttheir\ncarrying\tvalues\tand\tthe\tprices\tdetermined.\nImpairment\tlosses\tare\trecognized\twithin\tRestructuring\tand\tother\tin\tthe\tconsolidated\tstatements\tof\toperations\tin\tthe\tperiod\tin\twhich\tthe\timpairment\nis\tidentified.\tGains\tare\tnot\trecorded\tuntil\trealized\tupon\tsale(s),\tat\twhich\tpoint\tthey\tare\tpresented\tnet\tof\tany\timpairment\tlosses\tfor\tthe\tsame\tdigital\tassets\nheld\twithin\tRestructuring\tand\tother.\tIn\tdetermining\tthe\tgain\tto\tbe\trecognized\tupon\tsale,\twe\tcalculate\tthe\tdifference\tbetween\tthe\tsales\tprice\tand\tcarrying\nvalue\tof\tthe\tdigital\tassets\tsold\timmediately\tprior\tto\tsale.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 67, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "See\tNote\t3,\tDigital\tAssets,\tNet,\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:\nSolar\tenergy\tsystems\tin\tservice30\tto\t35\tyears\nInitial\tdirect\tcosts\trelated\tto\tcustomer\tsolar\tenergy\tsystem\tlease\tacquisition\tcostsLease\tterm\t(up\tto\t25\tyears)\nSolar\tenergy\tsystems\tpending\tinterconnection\twill\tbe\tdepreciated\tas\tsolar\tenergy\tsystems\tin\tservice\twhen\tthey\thave\tbeen\tinterconnected\tand\nplaced\tin-service.\tSolar\tenergy\tsystems\tunder\tconstruction\trepresents\tsystems\tthat\tare\tunder\tinstallation,\twhich\twill\tbe\tdepreciated\tas\tsolar\tenergy\nsystems\tin\tservice\twhen\tthey\tare\tcompleted,\tinterconnected\tand\tplaced\tin\tservice.\tInitial\tdirect\tcosts\trelated\tto\tcustomer\tsolar\tenergy\tsystem\tagreement\nacquisition\tcosts\tare\tcapitalized\tand\tamortized\tover\tthe\tterm\tof\tthe\trelated\tcustomer\tagreements.\nProperty,\tPlant\tand\tEquipment,\tNet\nProperty,\tplant\tand\tequipment,\tnet,\tincluding\tleasehold\timprovements,\tare\trecognized\tat\tcost\tless\taccumulated\tdepreciation.\tDepreciation\tis\ngenerally\tcomputed\tusing\tthe\tstraight-line\tmethod\tover\tthe\testimated\tuseful\tlives\tof\tthe\trespective\tassets,\tas\tfollows:\nMachinery,\tequipment,\tvehicles\tand\toffice\tfurniture3\tto\t15\tyears\nTooling4\tto\t7\tyears\nBuilding\tand\tbuilding\timprovements15\tto\t30\tyears\nComputer\tequipment\tand\tsoftware3\tto\t10\tyears\nLeasehold\timprovements\tare\tdepreciated\ton\ta\tstraight-line\tbasis\tover\tthe\tshorter\tof\ttheir\testimated\tuseful\tlives\tor\tthe\tterms\tof\tthe\trelated\tleases.\nUpon\tthe\tretirement\tor\tsale\tof\tour\tproperty,\tplant\tand\tequipment,\tthe\tcost\tand\tassociated\taccumulated\tdepreciation\tare\tremoved\tfrom\tthe\nconsolidated\tbalance\tsheet,\tand\tthe\tresulting\tgain\tor\tloss\tis\treflected\ton\tthe\tconsolidated\tstatement\tof\toperations.\tMaintenance\tand\trepair\texpenditures", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 67, "lines": { "from": 16, "to": 35 } } } }, { "pageContent": "are\texpensed\tas\tincurred\twhile\tmajor\timprovements\tthat\tincrease\tthe\tfunctionality,\toutput\tor\texpected\tlife\tof\tan\tasset\tare\tcapitalized\tand\tdepreciated\nratably\tover\tthe\tidentified\tuseful\tlife.\n65", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 67, "lines": { "from": 36, "to": 38 } } } }, { "pageContent": "Interest\texpense\ton\toutstanding\tdebt\tis\tcapitalized\tduring\tthe\tperiod\tof\tsignificant\tcapital\tasset\tconstruction.\tCapitalized\tinterest\ton\tconstruction\tin\nprogress\tis\tincluded\twithin\tProperty,\tplant\tand\tequipment,\tnet\tand\tis\tamortized\tover\tthe\tlife\tof\tthe\trelated\tassets.\nLong-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\tevents\nor\tchanges\tin\tcircumstances\tindicate\tthat\tthe\tcarrying\tamount\tof\tan\tasset\t(or\tasset\tgroup)\tmay\tnot\tbe\trecoverable.\tWe\tmeasure\trecoverability\tby\ncomparing\tthe\tcarrying\tamount\tto\tthe\tfuture\tundiscounted\tcash\tflows\tthat\tthe\tasset\tis\texpected\tto\tgenerate.\tIf\tthe\tasset\tis\tnot\trecoverable,\tits\tcarrying\namount\twould\tbe\tadjusted\tdown\tto\tits\tfair\tvalue.\tFor\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021,\twe\thave\trecognized\tno\tmaterial\timpairments\nof\tour\tlong-lived\tassets.\nIntangible\tassets\twith\tdefinite\tlives\tare\tamortized\ton\ta\tstraight-line\tbasis\tover\ttheir\testimated\tuseful\tlives,\twhich\trange\tfrom\tseven\tto\tthirty\tyears.\nGoodwill\nWe\tassess\tgoodwill\tfor\timpairment\tannually\tin\tthe\tfourth\tquarter,\tor\tmore\tfrequently\tif\tevents\tor\tchanges\tin\tcircumstances\tindicate\tthat\tit\tmight\tbe\nimpaired,\tby\tcomparing\tits\tcarrying\tvalue\tto\tthe\treporting\tunit’s\tfair\tvalue.\tFor\tthe\tyears\tended\tDecember\t31,\t2023,\t2022,\tand\t2021,\twe\tdid\tnot\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\nequipment,\tnet\ton\tthe\tconsolidated\tbalance\tsheets.\tCosts\trelated\tto\tpreliminary\tproject\tactivities\tand\tpost-implementation\tactivities\tare\texpensed\tas\nincurred.\tSuch\tcosts\tare\tamortized\ton\ta\tstraight-line\tbasis\tover\ttheir\testimated\tuseful\tlife\tof\tthree\tto\tfive\tyears.\nSoftware\tdevelopment\tcosts\tincurred\tin\tdevelopment\tof\tsoftware\tto\tbe\tsold,\tleased,\tor\totherwise\tmarketed,\tincurred\tsubsequent\tto\tthe", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 68, "lines": { "from": 1, "to": 18 } } } }, { "pageContent": "establishment\tof\ttechnological\tfeasibility\tand\tprior\tto\tthe\tgeneral\tavailability\tof\tthe\tsoftware\tare\tcapitalized\twhen\tthey\tare\texpected\tto\tbecome\nsignificant.\tSuch\tcosts\tare\tamortized\tover\tthe\testimated\tuseful\tlife\tof\tthe\tapplicable\tsoftware\tonce\tit\tis\tmade\tgenerally\tavailable\tto\tour\tcustomers.\nWe\tevaluate\tthe\tuseful\tlives\tof\tthese\tassets\ton\tan\tannual\tbasis,\tand\twe\ttest\tfor\timpairment\twhenever\tevents\tor\tchanges\tin\tcircumstances\toccur\nthat\tcould\timpact\tthe\trecoverability\tof\tthese\tassets.\tFor\tthe\tyears\tended\tDecember\t31,\t2023,\t2022,\tand\t2021,\twe\thave\trecognized\tno\timpairments\tof\ncapitalized\tsoftware\tcosts.\nForeign\tCurrency\nWe\tdetermine\tthe\tfunctional\tand\treporting\tcurrency\tof\teach\tof\tour\tinternational\tsubsidiaries\tand\ttheir\toperating\tdivisions\tbased\ton\tthe\tprimary\ncurrency\tin\twhich\tthey\toperate.\tIn\tcases\twhere\tthe\tfunctional\tcurrency\tis\tnot\tthe\tU.S.\tdollar,\twe\trecognize\ta\tcumulative\ttranslation\tadjustment\tcreated\tby\nthe\tdifferent\trates\twe\tapply\tto\tcurrent\tperiod\tincome\tor\tloss\tand\tthe\tbalance\tsheet.\tFor\teach\tsubsidiary,\twe\tapply\tthe\tmonthly\taverage\tfunctional\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\tother\nthan\tthe\tfunctional\tcurrency\tof\tthe\trespective\tsubsidiary.\tTransaction\tgains\tand\tlosses\tare\trecognized\tin\tOther\tincome\t(expense),\tnet,\tin\tthe\tconsolidated\nstatements\tof\toperations.\tFor\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021,\twe\trecorded\ta\tnet\tforeign\tcurrency\ttransaction\tgain\tof\t$122\tmillion,\nloss\tof\t$89\tmillion\tand\tgain\tof\t$97\tmillion,\trespectively.\n66", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 68, "lines": { "from": 19, "to": 33 } } } }, { "pageContent": "Warranties\nWe\tprovide\ta\tmanufacturer’s\twarranty\ton\tall\tnew\tand\tused\tvehicles\tand\ta\twarranty\ton\tthe\tinstallation\tand\tcomponents\tof\tthe\tenergy\tgeneration\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\nbest\testimate\tof\tthe\tprojected\tcosts\tto\trepair\tor\treplace\titems\tunder\twarranties\tand\trecalls\tif\tidentified.\tThese\testimates\tare\tbased\ton\tactual\tclaims\nincurred\tto\tdate\tand\tan\testimate\tof\tthe\tnature,\tfrequency\tand\tcosts\tof\tfuture\tclaims.\tThese\testimates\tare\tinherently\tuncertain\tand\tchanges\tto\tour\nhistorical\tor\tprojected\twarranty\texperience\tmay\tcause\tmaterial\tchanges\tto\tthe\twarranty\treserve\tin\tthe\tfuture.\tThe\twarranty\treserve\tdoes\tnot\tinclude\nprojected\twarranty\tcosts\tassociated\twith\tour\tvehicles\tsubject\tto\toperating\tlease\taccounting\tand\tour\tsolar\tenergy\tsystems\tunder\tlease\tcontracts\tor\tPPAs,\nas\tthe\tcosts\tto\trepair\tthese\twarranty\tclaims\tare\texpensed\tas\tincurred.\tThe\tportion\tof\tthe\twarranty\treserve\texpected\tto\tbe\tincurred\twithin\tthe\tnext\t12\nmonths\tis\tincluded\twithin\tAccrued\tliabilities\tand\tother,\twhile\tthe\tremaining\tbalance\tis\tincluded\twithin\tOther\tlong-term\tliabilities\ton\tthe\tconsolidated\nbalance\tsheets.\tFor\tliabilities\tthat\twe\tare\tentitled\tto\treceive\tindemnification\tfrom\tour\tsuppliers,\twe\trecord\treceivables\tfor\tthe\tcontractually\tobligated\namounts\ton\tthe\tconsolidated\tbalance\tsheets\tas\ta\tcomponent\tof\tPrepaid\texpenses\tand\tother\tcurrent\tassets\tfor\tthe\tcurrent\tportion\tand\tas\tOther\tnon-\ncurrent\tassets\tfor\tthe\tlong-term\tportion.\tWarranty\texpense\tis\trecorded\tas\ta\tcomponent\tof\tCost\tof\trevenues\tin\tthe\tconsolidated\tstatements\tof\toperations.\nDue\tto\tthe\tmagnitude\tof\tour\tautomotive\tbusiness,\tour\taccrued\twarranty\tbalance\tis\tprimarily\trelated\tto\tour\tautomotive\tsegment.\tAccrued\twarranty\nactivity\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nAccrued\twarranty—beginning\tof\tperiod\n$3,505\t$2,101\t$1,468\t\nWarranty\tcosts\tincurred(1,225)(803)(525)", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 69, "lines": { "from": 1, "to": 19 } } } }, { "pageContent": "Warranty\tcosts\tincurred(1,225)(803)(525)\nNet\tchanges\tin\tliability\tfor\tpre-existing\twarranties,\tincluding\texpirations\tand\tforeign\nexchange\timpact539\t522\t102\t\nProvision\tfor\twarranty2,333\t1,685\t1,056\t\nAccrued\twarranty—end\tof\tperiod\n$5,152\t$3,505\t$2,101\t\nCustomer\tDeposits\nCustomer\tdeposits\tprimarily\tconsist\tof\trefundable\tcash\tpayments\tfrom\tcustomers\tat\tthe\ttime\tthey\tplace\tan\torder\tor\treservation\tfor\ta\tvehicle\tor\tan\nenergy\tproduct\tand\tany\tadditional\tpayments\tup\tto\tthe\tpoint\tof\tdelivery\tor\tthe\tcompletion\tof\tinstallation.\tCustomer\tdeposits\talso\tinclude\tprepayments\ton\ncontracts\tthat\tcan\tbe\tcancelled\twithout\tsignificant\tpenalties,\tsuch\tas\tvehicle\tmaintenance\tplans.\tCustomer\tdeposits\tare\tincluded\tin\tAccrued\tliabilities\tand\nother\ton\tthe\tconsolidated\tbalance\tsheets\tuntil\trefunded,\tforfeited\tor\tapplied\ttowards\tthe\tcustomer’s\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\nare\trecorded\tin\tour\tconsolidated\tfinancial\tstatements\tin\taccordance\twith\ttheir\tpurpose\tas\ta\treduction\tof\texpense,\tor\tan\toffset\tto\tthe\trelated\tcapital\tasset.\nThe\tbenefit\tis\tgenerally\trecorded\twhen\tall\tconditions\tattached\tto\tthe\tincentive\thave\tbeen\tmet\tor\tare\texpected\tto\tbe\tmet\tand\tthere\tis\treasonable\nassurance\tof\ttheir\treceipt.\nThe\tIRA\tIncentives\nOn\tAugust\t16,\t2022,\tthe\tIRA\twas\tenacted\tinto\tlaw\tand\tis\teffective\tfor\ttaxable\tyears\tbeginning\tafter\tDecember\t31,\t2022.\tThe\tIRA\tincludes\tmultiple\nincentives\tto\tpromote\tclean\tenergy,\telectric\tvehicles,\tbattery\tand\tenergy\tstorage\tmanufacture\tor\tpurchase,\tin\taddition\tto\ta\tnew\tcorporate\talternative\nminimum\ttax\tof\t15%\ton\tadjusted\tfinancial\tstatement\tincome\tof\tcorporations\twith\tprofits\tgreater\tthan\t$1\tbillion.\tSome\tof\tthese\tmeasures\tare\texpected\tto\nmaterially\taffect\tour\tconsolidated\tfinancial\tstatements.\tFor\tthe\tyear\tended\tDecember\t31,\t2023,\tthe\timpact\tfrom\tour\tIRA\tincentive\twas\tprimarily\ta", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 69, "lines": { "from": 19, "to": 39 } } } }, { "pageContent": "reduction\tof\tour\tmaterial\tcosts\tin\tour\tconsolidated\tstatement\tof\toperations.\tWe\twill\tcontinue\tto\tevaluate\tthe\teffects\tof\tthe\tIRA\tas\tmore\tguidance\tis\tissued\nand\tthe\trelevant\timplications\tto\tour\tconsolidated\tfinancial\tstatements.\n67", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 69, "lines": { "from": 40, "to": 42 } } } }, { "pageContent": "Gigafactory\tNew\tYork—New\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\nresearch\tand\tdevelopment\tagreement,\twe\tare\tcontinuing\tto\tdesignate\tfurther\tbuildouts\tat\tthe\tfacility.\tWe\tare\trequired\tto\tcomply\twith\tcertain\tcovenants,\nincluding\thiring\tand\tcumulative\tinvestment\ttargets.\tUnder\tthe\tterms\tof\tthe\tarrangement,\tthe\tSUNY\tFoundation\tpaid\tfor\ta\tmajority\tof\tthe\tconstruction\ncosts\trelated\tto\tthe\tmanufacturing\tfacility\tand\tthe\tacquisition\tand\tcommissioning\tof\tcertain\tmanufacturing\tequipment;\tand\twe\tare\tresponsible\tfor\tany\nconstruction\tor\tequipment\tcosts\tin\texcess\tof\tsuch\tamount\t(refer\tto\tNote\t15,\tCommitments\tand\tContingencies).\tThis\tincentive\treduces\tthe\trelated\tlease\ncosts\tof\tthe\tfacility\twithin\tthe\tEnergy\tgeneration\tand\tstorage\tcost\tof\trevenues\tand\toperating\texpense\tline\titems\tin\tour\tconsolidated\tstatements\tof\noperations.\nGigafactory\tShanghai—Land\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,\twe\nare\trequired\tto\tmeet\ta\tcumulative\tcapital\texpenditure\ttarget\tand\tan\tannual\ttax\trevenue\ttarget\tstarting\tat\tthe\tend\tof\t2023.\tIn\taddition,\tthe\tShanghai\ngovernment\thas\tgranted\tto\tour\tGigafactory\tShanghai\tsubsidiary\tcertain\tincentives\tto\tbe\tused\tin\tconnection\twith\teligible\tcapital\tinvestments\tat\nGigafactory\tShanghai\t(refer\tto\tNote\t15,\tCommitments\tand\tContingencies).\tFor\tthe\tyear\tended\tDecember\t31,\t2022,\twe\treceived\tgrant\tfunding\tof\t$76\nmillion.\tThese\tincentives\toffset\tthe\trelated\tcosts\tof\tour\tfacilities\tand\tare\trecorded\tas\ta\treduction\tof\tthe\tcost\tof\tthe\tcapital\tinvestment\twithin\tthe\tProperty,\nplant\tand\tequipment,\tnet\tline\titem\tin\tour\tconsolidated\tbalance\tsheets.\tThe\tincentive\ttherefore\treduces\tthe\tdepreciation\texpense\tover\tthe\tuseful\tlives\tof\nthe\trelated\tequipment.\nNevada\tTax\tIncentives", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 70, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "the\trelated\tequipment.\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\tthat\nprovide\tabatements\tfor\tspecified\ttaxes,\tdiscounts\tto\tthe\tbase\ttariff\tenergy\trates\tand\ttransferable\ttax\tcredits\tof\tup\tto\t$195\tmillion\tin\tconsideration\tof\ncapital\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\t20-year\tagreement\twith\tTravis\tCounty\tin\tTexas\tpursuant\tto\twhich\twe\nwould\treceive\tgrant\tfunding\tequal\tto\t70-80%\tof\tproperty\ttaxes\tpaid\tby\tus\tto\tTravis\tCounty\tand\ta\tseparate\t10-year\tagreement\twith\tthe\tDel\tValle\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\tcase\nsubject\tto\tour\tmeeting\tcertain\tminimum\teconomic\tdevelopment\tmetrics\tthrough\tour\tconstruction\tand\toperations\tat\tGigafactory\tTexas.\tThis\tincentive\tis\nrecorded\tas\ta\treduction\tof\tthe\trelated\texpenses\twithin\tthe\tCost\tof\tautomotive\trevenues\tand\toperating\texpense\tline\titems\tof\tour\tconsolidated\tstatements\nof\toperations.\tAs\tof\tDecember\t31,\t2023,\tthe\tgrant\tfunding\trelated\tto\tproperty\ttaxes\tpaid\twere\timmaterial.\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\tRevenue\nCode\tand\ta\tnumber\tof\tsavings\tplans\tinternationally.\tUnder\tthe\t401(k)\tsavings\tplan,\tparticipating\temployees\tmay\telect\tto\tcontribute\tup\tto\t90%\tof\ttheir\neligible\tcompensation,\tsubject\tto\tcertain\tlimitations.\tBeginning\tin\tJanuary\t2022,\twe\tbegan\tto\tmatch\t50%\tof\teach\temployee’s\tcontributions\tup\tto\ta\nmaximum\tof\t6%\t(capped\tat\t$3,000)\tof\tthe\temployee’s\teligible\tcompensation,\tvested\tupon\tone\tyear\tof\tservice.\tDuring\tthe\tyears\tended\tDecember\t31,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 70, "lines": { "from": 16, "to": 32 } } } }, { "pageContent": "2023\tand\t2022,\twe\trecognized\t$99\tmillion\tand\t$91\tmillion,\trespectively,\tof\texpenses\trelated\tto\temployer\tcontributions\tfor\tthe\t401(k)\tsavings\tplan.\n68", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 70, "lines": { "from": 33, "to": 34 } } } }, { "pageContent": "Recent\tAccounting\tPronouncements\nRecently\tissued\taccounting\tpronouncements\tnot\tyet\tadopted\nIn\tNovember\t2023,\tthe\tFinancial\tAccounting\tStandards\tBoard\t(“FASB”)\tissued\tASU\tNo.\t2023-07,\tImprovements\tto\tReportable\tSegment\tDisclosures\n(Topic\t280).\tThis\tASU\tupdates\treportable\tsegment\tdisclosure\trequirements\tby\trequiring\tdisclosures\tof\tsignificant\treportable\tsegment\texpenses\tthat\tare\nregularly\tprovided\tto\tthe\tChief\tOperating\tDecision\tMaker\t(“CODM”)\tand\tincluded\twithin\teach\treported\tmeasure\tof\ta\tsegment's\tprofit\tor\tloss.\tThis\tASU\talso\nrequires\tdisclosure\tof\tthe\ttitle\tand\tposition\tof\tthe\tindividual\tidentified\tas\tthe\tCODM\tand\tan\texplanation\tof\thow\tthe\tCODM\tuses\tthe\treported\tmeasures\tof\ta\nsegment’s\tprofit\tor\tloss\tin\tassessing\tsegment\tperformance\tand\tdeciding\thow\tto\tallocate\tresources.\tThe\tASU\tis\teffective\tfor\tannual\tperiods\tbeginning\tafter\nDecember\t15,\t2023,\tand\tinterim\tperiods\twithin\tfiscal\tyears\tbeginning\tafter\tDecember\t15,\t2024.\tAdoption\tof\tthe\tASU\tshould\tbe\tapplied\tretrospectively\tto\nall\tprior\tperiods\tpresented\tin\tthe\tfinancial\tstatements.\tEarly\tadoption\tis\talso\tpermitted.\tThis\tASU\twill\tlikely\tresult\tin\tus\tincluding\tthe\tadditional\trequired\ndisclosures\twhen\tadopted.\tWe\tare\tcurrently\tevaluating\tthe\tprovisions\tof\tthis\tASU\tand\texpect\tto\tadopt\tthem\tfor\tthe\tyear\tending\tDecember\t31,\t2024.\nIn\tDecember\t2023,\tthe\tFASB\tissued\tASU\tNo.\t2023-08,\tAccounting\tfor\tand\tDisclosure\tof\tCrypto\tAssets\t(Subtopic\t350-60).\tThis\tASU\trequires\tcertain\ncrypto\tassets\tto\tbe\tmeasured\tat\tfair\tvalue\tseparately\tin\tthe\tbalance\tsheet\tand\tincome\tstatement\teach\treporting\tperiod.\tThis\tASU\talso\tenhances\tthe\tother\nintangible\tasset\tdisclosure\trequirements\tby\trequiring\tthe\tname,\tcost\tbasis,\tfair\tvalue,\tand\tnumber\tof\tunits\tfor\teach\tsignificant\tcrypto\tholding.\tThe\tASU\tis\neffective\tfor\tannual\tperiods\tbeginning\tafter\tDecember\t15,\t2024,\tincluding\tinterim\tperiods\twithin\tthose\tfiscal\tyears.\tAdoption\tof\tthe\tASU\trequires\ta", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 71, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "cumulative-effect\tadjustment\tto\tthe\topening\tbalance\tof\tretained\tearnings\tas\tof\tthe\tbeginning\tof\tthe\tannual\treporting\tperiod\tin\twhich\tan\tentity\tadopts\tthe\namendments.\tEarly\tadoption\tis\talso\tpermitted,\tincluding\tadoption\tin\tan\tinterim\tperiod.\tHowever,\tif\tthe\tASU\tis\tearly\tadopted\tin\tan\tinterim\tperiod,\tan\tentity\nmust\tadopt\tthe\tASU\tas\tof\tthe\tbeginning\tof\tthe\tfiscal\tyear\tthat\tincludes\tthe\tinterim\tperiod.\tThis\tASU\twill\tresult\tin\tgains\tand\tlosses\trecorded\tin\tthe\nconsolidated\tfinancial\tstatements\tof\toperations\tand\tadditional\tdisclosures\twhen\tadopted.\tWe\tare\tcurrently\tevaluating\tthe\tadoption\tof\tthis\tASU\tand\tit\twill\naffect\tthe\tcarrying\tvalue\tof\tour\tcrypto\tassets\theld\tand\tthe\tgains\tand\tlosses\trelating\tthereto,\tonce\tadopted.\nIn\tDecember\t2023,\tthe\tFASB\tissued\tASU\tNo.\t2023-09,\tImprovements\tto\tIncome\tTax\tDisclosures\t(Topic\t740).\tThe\tASU\trequires\tdisaggregated\ninformation\tabout\ta\treporting\tentity’s\teffective\ttax\trate\treconciliation\tas\twell\tas\tadditional\tinformation\ton\tincome\ttaxes\tpaid.\tThe\tASU\tis\teffective\ton\ta\nprospective\tbasis\tfor\tannual\tperiods\tbeginning\tafter\tDecember\t15,\t2024.\tEarly\tadoption\tis\talso\tpermitted\tfor\tannual\tfinancial\tstatements\tthat\thave\tnot\nyet\tbeen\tissued\tor\tmade\tavailable\tfor\tissuance.\tThis\tASU\twill\tresult\tin\tthe\trequired\tadditional\tdisclosures\tbeing\tincluded\tin\tour\tconsolidated\tfinancial\nstatements,\tonce\tadopted.\nRecently\tadopted\taccounting\tpronouncements\nIn\tOctober\t2021,\tthe\tFASB\tissued\tASU\tNo.\t2021-08,\tAccounting\tfor\tContract\tAssets\tand\tContract\tLiabilities\tfrom\tContracts\twith\tCustomers\t(Topic\n805).\tThis\tASU\trequires\tan\tacquirer\tin\ta\tbusiness\tcombination\tto\trecognize\tand\tmeasure\tcontract\tassets\tand\tcontract\tliabilities\t(deferred\trevenue)\tfrom\nacquired\tcontracts\tusing\tthe\trevenue\trecognition\tguidance\tin\tTopic\t606.\tAt\tthe\tacquisition\tdate,\tthe\tacquirer\tapplies\tthe\trevenue\tmodel\tas\tif\tit\thad\noriginated\tthe\tacquired\tcontracts.\tThe\tASU\tis\teffective\tfor\tannual\tperiods\tbeginning\tafter\tDecember\t15,\t2022,\tincluding\tinterim\tperiods\twithin\tthose\tfiscal", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 71, "lines": { "from": 15, "to": 29 } } } }, { "pageContent": "years.\tWe\tadopted\tthis\tASU\tprospectively\ton\tJanuary\t1,\t2023.\tThis\tASU\thas\tnot\tand\tis\tcurrently\tnot\texpected\tto\thave\ta\tmaterial\timpact\ton\tour\nconsolidated\tfinancial\tstatements.\nIn\tMarch\t2022,\tthe\tFASB\tissued\tASU\t2022-02,\tTroubled\tDebt\tRestructurings\tand\tVintage\tDisclosures.\tThis\tASU\teliminates\tthe\taccounting\tguidance\nfor\ttroubled\tdebt\trestructurings\tby\tcreditors\tthat\thave\tadopted\tASU\t2016-13,\tMeasurement\tof\tCredit\tLosses\ton\tFinancial\tInstruments,\twhich\twe\tadopted\non\tJanuary\t1,\t2020.\tThis\tASU\talso\tenhances\tthe\tdisclosure\trequirements\tfor\tcertain\tloan\trefinancing\tand\trestructurings\tby\tcreditors\twhen\ta\tborrower\tis\nexperiencing\tfinancial\tdifficulty.\tIn\taddition,\tthe\tASU\tamends\tthe\tguidance\ton\tvintage\tdisclosures\tto\trequire\tentities\tto\tdisclose\tcurrent\tperiod\tgross\twrite-\noffs\tby\tyear\tof\torigination\tfor\tfinancing\treceivables\tand\tnet\tinvestments\tin\tleases\twithin\tthe\tscope\tof\tASC\t326-20.\tThe\tASU\tis\teffective\tfor\tannual\tperiods\nbeginning\tafter\tDecember\t15,\t2022,\tincluding\tinterim\tperiods\twithin\tthose\tfiscal\tyears.\tWe\tadopted\tthe\tASU\tprospectively\ton\tJanuary\t1,\t2023.\tThis\tASU\nhas\tnot\tand\tis\tcurrently\tnot\texpected\tto\thave\ta\tmaterial\timpact\ton\tour\tconsolidated\tfinancial\tstatements.\n69", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 71, "lines": { "from": 30, "to": 39 } } } }, { "pageContent": "ASU\t2020-06\nIn\tAugust\t2020,\tthe\tFASB\tissued\tASU\t2020-06,\tAccounting\tfor\tConvertible\tInstruments\tand\tContracts\tin\tan\tEntity’s\tOwn\tEquity.\tThe\tASU\tsimplifies\nthe\taccounting\tfor\tconvertible\tinstruments\tby\tremoving\tcertain\tseparation\tmodels\tin\tASC\t470-20,\tDebt—Debt\twith\tConversion\tand\tOther\tOptions,\tfor\nconvertible\tinstruments.\tThe\tASU\tupdates\tthe\tguidance\ton\tcertain\tembedded\tconversion\tfeatures\tthat\tare\tnot\trequired\tto\tbe\taccounted\tfor\tas\tderivatives\nunder\tTopic\t815,\tDerivatives\tand\tHedging,\tor\tthat\tdo\tnot\tresult\tin\tsubstantial\tpremiums\taccounted\tfor\tas\tpaid-in\tcapital,\tsuch\tthat\tthose\tfeatures\tare\tno\nlonger\trequired\tto\tbe\tseparated\tfrom\tthe\thost\tcontract.\tThe\tconvertible\tdebt\tinstruments\twill\tbe\taccounted\tfor\tas\ta\tsingle\tliability\tmeasured\tat\tamortized\ncost.\tThis\twill\talso\tresult\tin\tthe\tinterest\texpense\trecognized\tfor\tconvertible\tdebt\tinstruments\tto\tbe\ttypically\tcloser\tto\tthe\tcoupon\tinterest\trate\twhen\napplying\tthe\tguidance\tin\tTopic\t835,\tInterest.\tFurther,\tthe\tASU\tmade\tamendments\tto\tthe\tEPS\tguidance\tin\tTopic\t260\tfor\tconvertible\tdebt\tinstruments,\tthe\nmost\tsignificant\timpact\tof\twhich\tis\trequiring\tthe\tuse\tof\tthe\tif-converted\tmethod\tfor\tdiluted\tEPS\tcalculation,\tand\tno\tlonger\tallowing\tthe\tnet\tshare\nsettlement\tmethod.\tThe\tASU\talso\tmade\trevisions\tto\tTopic\t815-40,\twhich\tprovides\tguidance\ton\thow\tan\tentity\tmust\tdetermine\twhether\ta\tcontract\tqualifies\nfor\ta\tscope\texception\tfrom\tderivative\taccounting.\tThe\tamendments\tto\tTopic\t815-40\tchange\tthe\tscope\tof\tcontracts\tthat\tare\trecognized\tas\tassets\tor\nliabilities.\nOn\tJanuary\t1,\t2021,\twe\tadopted\tthe\tASU\tusing\tthe\tmodified\tretrospective\tmethod.\tWe\trecognized\ta\tfavorable\t$211\tmillion\tcumulative\teffect\tof\ninitially\tapplying\tthe\tASU\tas\tan\tadjustment\tto\tthe\tJanuary\t1,\t2021\topening\tbalance\tof\taccumulated\tdeficit.\tDue\tto\tthe\trecombination\tof\tthe\tequity\nconversion\tcomponent\tof\tour\tconvertible\tdebt\tremaining\toutstanding,\tadditional\tpaid\tin\tcapital\twas\treduced\tby\t$474\tmillion\tand\tconvertible\tsenior\tnotes", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 72, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "(mezzanine\tequity)\twas\treduced\tby\t$51\tmillion.\tThe\tremoval\tof\tthe\tremaining\tdebt\tdiscounts\trecorded\tfor\tthis\tprevious\tseparation\thad\tthe\teffect\tof\nincreasing\tour\tnet\tdebt\tbalance\tby\t$269\tmillion\tand\twe\treduced\tproperty,\tplant\tand\tequipment\tby\t$45\tmillion\trelated\tto\tpreviously\tcapitalized\tinterest.\nThe\tprior\tperiod\tconsolidated\tfinancial\tstatements\thave\tnot\tbeen\tretrospectively\tadjusted\tand\tcontinue\tto\tbe\treported\tunder\tthe\taccounting\tstandards\tin\neffect\tfor\tthose\tperiods.\nNote\t3\t–\tDigital\tAssets,\tNet\nDuring\tthe\tyears\tended\tDecember\t31,\t2023\tand\t2022,\twe\tpurchased\tand/or\treceived\timmaterial\tamounts\tof\tdigital\tassets.\tDuring\tthe\tyear\tended\nDecember\t31,\t2023,\twe\trecorded\tan\timmaterial\tamount\tof\timpairment\tlosses\ton\tdigital\tassets.\tDuring\tthe\tyear\tended\tDecember\t31,\t2022,\twe\trecorded\n$204\tmillion\tof\timpairment\tlosses\ton\tdigital\tassets\tand\trealized\tgains\tof\t$64\tmillion\tin\tconnection\twith\tconverting\tour\tholdings\tof\tdigital\tassets\tinto\tfiat\ncurrency.\tThe\tgains\tare\tpresented\tnet\tof\timpairment\tlosses\tin\tRestructuring\tand\tother\tin\tthe\tconsolidated\tstatements\tof\toperations.\tAs\tof\tDecember\t31,\n2023\tand\t2022,\tthe\tcarrying\tvalue\tof\tour\tdigital\tassets\theld\treflects\tcumulative\timpairment\tof\t$204\tmillion.\nNote\t4\t–\tGoodwill\tand\tIntangible\tAssets\nGoodwill\tincreased\t$59\tmillion\twithin\tthe\tautomotive\tsegment\tfrom\t$194\tmillion\tas\tof\tDecember\t31,\t2022\tto\t$253\tmillion\tas\tof\tDecember\t31,\t2023\nprimarily\tfrom\ta\tbusiness\tcombination,\tnet\tof\tthe\timpact\tof\ta\tdivestiture.\tThere\twere\tno\taccumulated\timpairment\tlosses\tas\tof\tDecember\t31,\t2023\tand\n2022.\nThe\tnet\tcarrying\tvalue\tof\tour\tintangible\tassets\tdecreased\tfrom\t$215\tmillion\tas\tof\tDecember\t31,\t2022\tto\t$178\tmillion\tas\tof\tDecember\t31,\t2023\nmainly\tfrom\tamortization.\nNote\t5\t–\tFair\tValue\tof\tFinancial\tInstruments\nASC\t820,\tFair\tValue\tMeasurements\t(“ASC\t820”)\tstates\tthat\tfair\tvalue\tis\tan\texit\tprice,\trepresenting\tthe\tamount\tthat\twould\tbe\treceived\tto\tsell\tan", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 72, "lines": { "from": 16, "to": 33 } } } }, { "pageContent": "asset\tor\tpaid\tto\ttransfer\ta\tliability\tin\tan\torderly\ttransaction\tbetween\tmarket\tparticipants.\tAs\tsuch,\tfair\tvalue\tis\ta\tmarket-based\tmeasurement\tthat\tshould\nbe\tdetermined\tbased\ton\tassumptions\tthat\tmarket\tparticipants\twould\tuse\tin\tpricing\tan\tasset\tor\ta\tliability.\tThe\tthree-tiered\tfair\tvalue\thierarchy,\twhich\nprioritizes\twhich\tinputs\tshould\tbe\tused\tin\tmeasuring\tfair\tvalue,\tis\tcomprised\tof:\t(Level\tI)\tobservable\tinputs\tsuch\tas\tquoted\tprices\tin\tactive\tmarkets;\t(Level\nII)\tinputs\tother\tthan\tquoted\tprices\tin\tactive\tmarkets\tthat\tare\tobservable\teither\tdirectly\tor\tindirectly\tand\t(Level\tIII)\tunobservable\tinputs\tfor\twhich\tthere\tis\nlittle\tor\tno\tmarket\tdata.\tThe\tfair\tvalue\thierarchy\trequires\tthe\tuse\tof\tobservable\tmarket\tdata\twhen\tavailable\tin\tdetermining\tfair\tvalue.\tOur\tassets\tand\nliabilities\tthat\twere\tmeasured\tat\tfair\tvalue\ton\ta\trecurring\tbasis\twere\tas\tfollows\t(in\tmillions):\n70", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 72, "lines": { "from": 34, "to": 40 } } } }, { "pageContent": "December\t31,\t2023December\t31,\t2022\n\tFair\tValueLevel\tILevel\tIILevel\tIIIFair\tValueLevel\tILevel\tIILevel\tIII\nMoney\tmarket\tfunds$109\t$109\t$—\t$—\t$2,188\t$2,188\t$—\t$—\t\nU.S.\tgovernment\tsecurities5,136\t—\t5,136\t—\t894\t—\t894\t—\t\nCorporate\tdebt\tsecurities480\t—\t480\t—\t885\t—\t885\t—\t\nCertificates\tof\tdeposit\tand\ttime\ndeposits6,996\t—\t6,996\t—\t4,253\t—\t4,253\t—\t\nCommercial\tpaper470\t—\t470\t—\t—\t—\t—\t—\t\nTotal\n$13,191\t$109\t$13,082\t$—\t$8,220\t$2,188\t$6,032\t$—\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\nmarkets.\tOur\tU.S.\tgovernment\tsecurities,\tcertificates\tof\tdeposit,\tcommercial\tpaper,\ttime\tdeposits\tand\tcorporate\tdebt\tsecurities\tare\tclassified\twithin\tLevel\nII\tof\tthe\tfair\tvalue\thierarchy\tand\tthe\tmarket\tapproach\twas\tused\tto\tdetermine\tfair\tvalue\tof\tthese\tinvestments.\nOur\tcash,\tcash\tequivalents\tand\tinvestments\tclassified\tby\tsecurity\ttype\tas\tof\tDecember\t31,\t2023\tand\t2022\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\tDecember\t31,\t2023\n\tAdjusted\tCost\nGross\nUnrealized\nGains\nGross\nUnrealized\nLossesFair\tValue\nCash\tand\tCash\nEquivalents\nShort-Term\nInvestments\nCash$15,903\t$—\t$—\t$15,903\t$15,903\t$—\t\nMoney\tmarket\tfunds109\t—\t—\t109\t109\t—\t\nU.S.\tgovernment\tsecurities5,136\t1\t(1)5,136\t277\t4,859\t\nCorporate\tdebt\tsecurities485\t1\t(6)480\t—\t480\t\nCertificates\tof\tdeposit\tand\ttime\tdeposits6,995\t1\t—\t6,996\t—\t6,996\t\nCommercial\tpaper470\t—\t—\t470\t109\t361\t\nTotal\tcash,\tcash\tequivalents\tand\tshort-term\ninvestments\n$29,098\t$3\t$(7)$29,094\t$16,398\t$12,696\t\n\tDecember\t31,\t2022\n\tAdjusted\tCost\nGross\nUnrealized\nGains\nGross\nUnrealized\nLossesFair\tValue\nCash\tand\tCash\nEquivalents\nShort-Term\nInvestments\nCash$13,965\t$—\t$—\t$13,965\t$13,965\t$—\t\nMoney\tmarket\tfunds2,188\t—\t—\t2,188\t2,188\t—\t\nU.S.\tgovernment\tsecurities897\t—\t(3)894\t—\t894\t\nCorporate\tdebt\tsecurities907\t—\t(22)885\t—\t885\t\nCertificates\tof\tdeposit\tand\ttime\tdeposits4,252\t1\t—\t4,253\t100\t4,153\t\nTotal\tcash,\tcash\tequivalents\tand\tshort-term\ninvestments\n$22,209\t$1\t$(25)$22,185\t$16,253\t$5,932", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 73, "lines": { "from": 1, "to": 55 } } } }, { "pageContent": "$22,209\t$1\t$(25)$22,185\t$16,253\t$5,932\t\nWe\trecord\tgross\trealized\tgains,\tlosses\tand\tcredit\tlosses\tas\ta\tcomponent\tof\tOther\tincome\t(expense),\tnet\tin\tthe\tconsolidated\tstatements\tof\noperations.\tFor\tthe\tyears\tended\tDecember\t31,\t2023\tand\t2022,\twe\tdid\tnot\trecognize\tany\tmaterial\tgross\trealized\tgains,\tlosses\tor\tcredit\tlosses.\tThe\tending\nallowance\tbalances\tfor\tcredit\tlosses\twere\timmaterial\tas\tof\tDecember\t31,\t2023\tand\t2022.\tWe\thave\tdetermined\tthat\tthe\tgross\tunrealized\tlosses\ton\tour\ninvestments\tas\tof\tDecember\t31,\t2023\tand\t2022\twere\ttemporary\tin\tnature.\n71", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 73, "lines": { "from": 55, "to": 60 } } } }, { "pageContent": "The\tfollowing\ttable\tsummarizes\tthe\tfair\tvalue\tof\tour\tinvestments\tby\tstated\tcontractual\tmaturities\tas\tof\tDecember\t31,\t2023\t(in\tmillions):\nDue\tin\t1\tyear\tor\tless$12,374\t\nDue\tin\t1\tyear\tthrough\t5\tyears297\t\nDue\tin\t5\tyears\tthrough\t10\tyears25\t\nTotal\n$12,696\t\nDisclosure\tof\tFair\tValues\nOur\tfinancial\tinstruments\tthat\tare\tnot\tre-measured\tat\tfair\tvalue\tinclude\taccounts\treceivable,\tfinancing\treceivables,\tother\treceivables,\tdigital\tassets,\naccounts\tpayable,\taccrued\tliabilities,\tcustomer\tdeposits\tand\tdebt.\tThe\tcarrying\tvalues\tof\tthese\tfinancial\tinstruments\tmaterially\tapproximate\ttheir\tfair\nvalues,\tother\tthan\tour\t2.00%\tConvertible\tSenior\tNotes\tdue\tin\t2024\t(“2024\tNotes”)\tand\tdigital\tassets.\nWe\testimate\tthe\tfair\tvalue\tof\tthe\t2024\tNotes\tusing\tcommonly\taccepted\tvaluation\tmethodologies\tand\tmarket-based\trisk\tmeasurements\tthat\tare\nindirectly\tobservable,\tsuch\tas\tcredit\trisk\t(Level\tII).\tIn\taddition,\twe\testimate\tthe\tfair\tvalues\tof\tour\tdigital\tassets\tbased\ton\tquoted\tprices\tin\tactive\tmarkets\n(Level\tI).\tThe\tfollowing\ttable\tpresents\tthe\testimated\tfair\tvalues\tand\tthe\tcarrying\tvalues\t(in\tmillions):\n\tDecember\t31,\t2023December\t31,\t2022\n\tCarrying\tValueFair\tValueCarrying\tValueFair\tValue\n2024\tNotes$37\t$443\t$37\t$223\t\nDigital\tassets,\tnet$184\t$487\t$184\t$191\t\nNote\t6\t–\tInventory\nOur\tinventory\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\n\t\nDecember\t31,\n2023\nDecember\t31,\n2022\nRaw\tmaterials$5,390\t$6,137\t\nWork\tin\tprocess2,016\t2,385\t\nFinished\tgoods\t(1)5,049\t3,475\t\nService\tparts1,171\t842\t\nTotal\n$13,626\t$12,839\t\n(1)Finished\tgoods\tinventory\tincludes\tproducts\tin\ttransit\tto\tfulfill\tcustomer\torders,\tnew\tvehicles\tavailable\tfor\tsale,\tused\tvehicles\tand\tenergy\tproducts\navailable\tfor\tsale.\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\ncarrying\tvalue.\tDuring\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021\twe\trecorded\twrite-downs\tof\t$233\tmillion,\t$144\tmillion\tand\t$106\tmillion,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 74, "lines": { "from": 1, "to": 34 } } } }, { "pageContent": "respectively,\tin\tCost\tof\trevenues\tin\tthe\tconsolidated\tstatements\tof\toperations.\n72", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 74, "lines": { "from": 35, "to": 36 } } } }, { "pageContent": "Note\t7\t–\tSolar\tEnergy\tSystems,\tNet\nOur\tsolar\tenergy\tsystems,\tnet,\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nSolar\tenergy\tsystems\tin\tservice\n$6,755\t$6,785\t\nInitial\tdirect\tcosts\trelated\tto\tcustomer\tsolar\tenergy\tsystem\tlease\tacquisition\tcosts104\t104\t\n6,859\t6,889\t\nLess:\taccumulated\tdepreciation\tand\tamortization\t(1)(1,643)(1,418)\n5,216\t5,471\t\nSolar\tenergy\tsystems\tunder\tconstruction1\t2\t\nSolar\tenergy\tsystems\tpending\tinterconnection12\t16\t\nSolar\tenergy\tsystems,\tnet\t(2)\n$5,229\t$5,489\t\n(1)Depreciation\tand\tamortization\texpense\tduring\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021\twas\t$235\tmillion,\t$235\tmillion\tand\t$236\nmillion,\trespectively.\n(2)As\tof\tDecember\t31,\t2023\tand\t2022,\tthere\twere\t$740\tmillion\tand\t$802\tmillion,\trespectively,\tof\tgross\tsolar\tenergy\tsystems\tunder\tlease\tpass-through\nfund\tarrangements\twith\taccumulated\tdepreciation\tof\t$157\tmillion\tand\t$148\tmillion,\trespectively.\nNote\t8\t–\tProperty,\tPlant\tand\tEquipment,\tNet\nOur\tproperty,\tplant\tand\tequipment,\tnet,\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nMachinery,\tequipment,\tvehicles\tand\toffice\tfurniture$16,372\t$13,558\t\nTooling3,147\t2,579\t\nLeasehold\timprovements3,168\t2,366\t\nLand\tand\tbuildings9,505\t7,751\t\nComputer\tequipment,\thardware\tand\tsoftware3,799\t2,072\t\nConstruction\tin\tprogress5,791\t4,263\t\n\t41,782\t32,589\t\nLess:\tAccumulated\tdepreciation(12,057)(9,041)\nTotal\n$29,725\t$23,548\t\nConstruction\tin\tprogress\tis\tprimarily\tcomprised\tof\tongoing\tconstruction\tand\texpansion\tof\tour\tfacilities,\tand\tequipment\tand\ttooling\trelated\tto\tthe\nmanufacturing\tof\tour\tproducts.\tCompleted\tassets\tare\ttransferred\tto\ttheir\trespective\tasset\tclasses\tand\tdepreciation\tbegins\twhen\tan\tasset\tis\tready\tfor\tits\nintended\tuse.\nDepreciation\texpense\tduring\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021\twas\t$3.33\tbillion,\t$2.42\tbillion\tand\t$1.91\tbillion,\trespectively.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 75, "lines": { "from": 1, "to": 40 } } } }, { "pageContent": "Panasonic\thas\tpartnered\twith\tus\ton\tGigafactory\tNevada\twith\tinvestments\tin\tthe\tproduction\tequipment\tthat\tit\tuses\tto\tmanufacture\tand\tsupply\tus\nwith\tbattery\tcells.\tUnder\tour\tarrangement\twith\tPanasonic,\twe\tplan\tto\tpurchase\tthe\tfull\toutput\tfrom\ttheir\tproduction\tequipment\tat\tnegotiated\tprices.\tAs\nthe\tterms\tof\tthe\tarrangement\tconvey\ta\tfinance\tlease\tunder\tASC\t842,\twe\taccount\tfor\ttheir\tproduction\tequipment\tas\tleased\tassets\twhen\tproduction\ncommences.\tWe\taccount\tfor\teach\tlease\tand\tany\tnon-lease\tcomponents\tassociated\twith\tthat\tlease\tas\ta\tsingle\tlease\tcomponent\tfor\tall\tasset\tclasses,\nexcept\tproduction\tequipment\tclasses\tembedded\tin\tsupply\tagreements.\tThis\tresults\tin\tus\trecording\tthe\tcost\tof\ttheir\tproduction\tequipment\twithin\tProperty,\nplant\tand\tequipment,\tnet,\ton\tthe\tconsolidated\tbalance\tsheets\twith\ta\tcorresponding\tliability\trecorded\tto\tdebt\tand\tfinance\tleases.\tDepreciation\ton\nPanasonic\tproduction\tequipment\tis\tcomputed\tusing\tthe\tunits-of-production\tmethod\twhereby\tcapitalized\tcosts\tare\tamortized\tover\tthe\ttotal\testimated\nproductive\tlife\tof\tthe\trespective\tassets.\tAs\tof\tDecember\t31,\t2023\tand\t2022,\twe\thad\tcumulatively\tcapitalized\tgross\tcosts\tof\t$2.02\tbillion\tand\t$2.01\tbillion,\nrespectively,\ton\tthe\tconsolidated\tbalance\tsheets\tin\trelation\tto\tthe\tproduction\tequipment\tunder\tour\tPanasonic\tarrangement.\n73", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 75, "lines": { "from": 41, "to": 50 } } } }, { "pageContent": "Note\t9\t–\tAccrued\tLiabilities\tand\tOther\nOur\taccrued\tliabilities\tand\tother\tcurrent\tliabilities\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nAccrued\tpurchases\t(1)$2,721\t$2,747\t\nAccrued\twarranty\treserve,\tcurrent\tportion1,546\t1,025\t\nPayroll\tand\trelated\tcosts1,325\t1,026\t\nTaxes\tpayable\t(2)1,204\t1,235\t\nCustomer\tdeposits876\t1,063\t\nOperating\tlease\tliabilities,\tcurrent\tportion672\t485\t\nSales\treturn\treserve,\tcurrent\tportion219\t270\t\nOther\tcurrent\tliabilities517\t354\t\nTotal\n$9,080\t$8,205\t\n(1)Accrued\tpurchases\tprimarily\treflects\treceipts\tof\tgoods\tand\tservices\tfor\twhich\twe\thad\tnot\tyet\tbeen\tinvoiced.\tAs\twe\tare\tinvoiced\tfor\tthese\tgoods\tand\nservices,\tthis\tbalance\twill\treduce\tand\taccounts\tpayable\twill\tincrease.\n(2)Taxes\tpayable\tincludes\tvalue\tadded\ttax,\tincome\ttax,\tsales\ttax,\tproperty\ttax\tand\tuse\ttax\tpayables.\nNote\t10\t–\tOther\tLong-Term\tLiabilities\nOur\tother\tlong-term\tliabilities\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nOperating\tlease\tliabilities$3,671\t$2,164\t\nAccrued\twarranty\treserve3,606\t2,480\t\nOther\tnon-current\tliabilities876\t686\t\nTotal\tother\tlong-term\tliabilities\n$8,153\t$5,330\t\nNote\t11\t–\tDebt\nThe\tfollowing\tis\ta\tsummary\tof\tour\tdebt\tand\tfinance\tleases\tas\tof\tDecember\t31,\t2023\t(in\tmillions):\n\tNet\tCarrying\tValueUnpaid\nPrincipal\nBalance\nUnused\nCommitted\nAmount\t(1)\nContractual\nInterest\tRates\nContractual\nMaturity\tDate\tCurrentLong-Term\nRecourse\tdebt:\t\t\t\n2024\tNotes$37\t$—\t$37\t$—\t2.00\t%May\t2024\nRCF\tCredit\tAgreement—\t—\t—\t5,000\tNot\tapplicableJanuary\t2028\nSolar\tBonds—\t7\t7\t—\t4.70-5.75%March\t2025\t-\tJanuary\t2031\nOther—\t—\t—\t28\tNot\tapplicableDecember\t2026\nTotal\trecourse\tdebt37\t7\t44\t5,028\t\nNon-recourse\tdebt:\nAutomotive\tAsset-backed\tNotes1,906\t2,337\t4,259\t—\t0.60-6.57%July\t2024-May\t2031\nSolar\tAsset-backed\tNotes4\t8\t13\t—\t4.80\t%December\t2026\nCash\tEquity\tDebt28\t330\t367\t—\t5.25-5.81%July\t2033-January\t2035\nTotal\tnon-recourse\tdebt1,938\t2,675\t4,639\t—\t\nTotal\tdebt1,975\t2,682\t\n$4,683\t$5,028\t\nFinance\tleases398\t175\t\nTotal\tdebt\tand\tfinance\tleases", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 76, "lines": { "from": 1, "to": 57 } } } }, { "pageContent": "Total\tdebt\tand\tfinance\tleases\n$2,373\t$2,857\t\n74", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 76, "lines": { "from": 57, "to": 59 } } } }, { "pageContent": "The\tfollowing\tis\ta\tsummary\tof\tour\tdebt\tand\tfinance\tleases\tas\tof\tDecember\t31,\t2022\t(in\tmillions):\nNet\tCarrying\tValueUnpaid\nPrincipal\nBalance\nUnused\nCommitted\nAmount\t(2)\nContractual\nInterest\tRates\nContractual\nMaturity\tDateCurrentLong-Term\nRecourse\tdebt:\t\t\t\n2024\tNotes$—\t$37\t$37\t$—\t2.00\t%May\t2024\nCredit\tAgreement—\t—\t—\t2,266\tNot\tapplicableJuly\t2023\nSolar\tBonds—\t7\t7\t—\t4.70-5.75%March\t2025\t-\tJanuary\t2031\nTotal\trecourse\tdebt—\t44\t44\t2,266\t\nNon-recourse\tdebt:\nAutomotive\tAsset-backed\tNotes984\t613\t1,603\t—\t0.36-4.64%December\t2023-September\t2025\nSolar\tAsset-backed\tNotes4\t13\t17\t—\t4.80\t%December\t2026\nCash\tEquity\tDebt28\t359\t397\t—\t5.25-5.81%July\t2033-January\t2035\nAutomotive\tLease-backed\tCredit\tFacilities—\t—\t—\t151\tNot\tapplicableSeptember\t2024\nTotal\tnon-recourse\tdebt1,016\t985\t2,017\t151\t\nTotal\tdebt1,016\t1,029\t\n$2,061\t$2,417\t\nFinance\tleases486\t568\t\nTotal\tdebt\tand\tfinance\tleases\n$1,502\t$1,597\t\n(1)There\tare\tno\trestrictions\ton\tdraw-down\tor\tuse\tfor\tgeneral\tcorporate\tpurposes\twith\trespect\tto\tany\tavailable\tcommitted\tfunds\tunder\tour\tRCF\tCredit\nAgreement,\texcept\tcertain\tspecified\tconditions\tprior\tto\tdraw-down.\tRefer\tto\tthe\tsection\tbelow\tfor\tthe\tterms\tof\tthe\tfacility.\n(2)There\twere\tno\trestrictions\ton\tdraw-down\tor\tuse\tfor\tgeneral\tcorporate\tpurposes\twith\trespect\tto\tany\tavailable\tcommitted\tfunds\tunder\tour\tcredit\nfacilities,\texcept\tcertain\tspecified\tconditions\tprior\tto\tdraw-down,\tincluding\tpledging\tto\tour\tlenders\tsufficient\tamounts\tof\tqualified\treceivables,\ninventories,\tleased\tvehicles\tand\tour\tinterests\tin\tthose\tleases\tor\tvarious\tother\tassets\tas\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\nsubsidiaries.\tThe\tdifferences\tbetween\tthe\tunpaid\tprincipal\tbalances\tand\tthe\tnet\tcarrying\tvalues\tare\tdue\tto\tdebt\tdiscounts\tor\tdeferred\tissuance\tcosts.\tAs\nof\tDecember\t31,\t2023,\twe\twere\tin\tmaterial\tcompliance\twith\tall\tfinancial\tdebt\tcovenants.\n2024\tNotes", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 77, "lines": { "from": 1, "to": 36 } } } }, { "pageContent": "2024\tNotes\nThe\tclosing\tprice\tof\tour\tcommon\tstock\tcontinued\tto\texceed\t130%\tof\tthe\tapplicable\tconversion\tprice\tof\tour\t2024\tNotes\ton\tat\tleast\t20\tof\tthe\tlast\t30\nconsecutive\ttrading\tdays\tof\teach\tquarter\tin\t2023,\tcausing\tthe\t2024\tNotes\tto\tbe\tconvertible\tby\ttheir\tholders\tin\tthe\tsubsequent\tquarter.\tAs\tof\tDecember\n31,\t2023,\tthe\tif-converted\tvalue\tof\tthe\tnotes\texceeds\tthe\toutstanding\tprincipal\tamount\tby\t$406\tmillion.\tUpon\tconversion,\tthe\t2024\tNotes\twill\tbe\tsettled\nin\tcash,\tshares\tof\tour\tcommon\tstock\tor\ta\tcombination\tthereof,\tat\tour\telection.\nCredit\tAgreement\nIn\tJune\t2015,\twe\tentered\tinto\ta\tsenior\tasset-based\trevolving\tcredit\tagreement\t(as\tamended\tfrom\ttime\tto\ttime,\tthe\t“Credit\tAgreement”)\twith\ta\nsyndicate\tof\tbanks.\tBorrowed\tfunds\tbear\tinterest,\tat\tour\toption,\tat\tan\tannual\trate\tof\t(a)\t1%\tplus\tLIBOR\tor\t(b)\tthe\thighest\tof\t(i)\tthe\tfederal\tfunds\trate\tplus\n0.50%,\t(ii)\tthe\tlenders’\t“prime\trate”\tor\t(iii)\t1%\tplus\tLIBOR.\tThe\tfee\tfor\tundrawn\tamounts\tis\t0.25%\tper\tannum.\tThe\tCredit\tAgreement\tis\tsecured\tby\tcertain\nof\tour\taccounts\treceivable,\tinventory\tand\tequipment.\tAvailability\tunder\tthe\tCredit\tAgreement\tis\tbased\ton\tthe\tvalue\tof\tsuch\tassets,\tas\treduced\tby\tcertain\nreserves.\nIn\tJanuary\t2023,\twe\tentered\tinto\ta\t5-year\tsenior\tunsecured\trevolving\tcredit\tfacility\t(the\t“RCF\tCredit\tAgreement”)\twith\ta\tsyndicate\tof\tbanks\tto\nreplace\tthe\texisting\tCredit\tAgreement,\twhich\twas\tterminated.\tThe\tRCF\tCredit\tAgreement\tcontains\ttwo\toptional\tone-year\textensions\tand\thas\ta\ttotal\ncommitment\tof\tup\tto\t$5.00\tbillion,\twhich\tcould\tbe\tincreased\tup\tto\t$7.00\tbillion\tunder\tcertain\tcircumstances.\tThe\tunderlying\tborrowings\tmay\tbe\tused\tfor\ngeneral\tcorporate\tpurposes.\tBorrowed\tfunds\taccrue\tinterest\tat\ta\tvariable\trate\tequal\tto:\t(i)\tfor\tdollar-denominated\tloans,\tat\tour\telection,\t(a)\tTerm\tSOFR\n(the\tforward-looking\tsecured\tovernight\tfinancing\trate)\tplus\t0.10%,\tor\t(b)\tan\talternate\tbase\trate;\t(ii)\tfor\tloans\tdenominated\tin\tpounds\tsterling,\tSONIA\t(the", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 77, "lines": { "from": 36, "to": 51 } } } }, { "pageContent": "sterling\tovernight\tindex\taverage\treference\trate);\tor\t(iii)\tfor\tloans\tdenominated\tin\teuros,\tan\tadjusted\tEURIBOR\t(euro\tinterbank\toffered\trate);\tin\teach\tcase,\nplus\tan\tapplicable\tmargin.\tThe\tapplicable\tmargin\twill\tbe\tbased\ton\tthe\trating\tassigned\tto\tour\tsenior,\tunsecured\tlong-term\tindebtedness\t(the\t“Credit\nRating”)\tfrom\ttime\tto\ttime.\tThe\tfee\tfor\tundrawn\tamounts\tis\tvariable\tbased\ton\tthe\tCredit\tRating\tand\tis\tcurrently\t0.125%\tper\tannum.\n75", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 77, "lines": { "from": 52, "to": 55 } } } }, { "pageContent": "Automotive\tAsset-backed\tNotes\nFrom\ttime\tto\ttime,\twe\ttransfer\treceivables\tand/or\tbeneficial\tinterests\trelated\tto\tcertain\tvehicles\t(either\tleased\tor\tfinanced)\tinto\tspecial\tpurpose\nentities\t(“SPEs”)\tand\tissue\tAutomotive\tAsset-backed\tNotes,\tbacked\tby\tthese\tautomotive\tassets\tto\tinvestors.\tThe\tSPEs\tare\tconsolidated\tin\tthe\tfinancial\nstatements.\tThe\tcash\tflows\tgenerated\tby\tthese\tautomotive\tassets\tare\tused\tto\tservice\tthe\tprincipal\tand\tinterest\tpayments\ton\tthe\tAutomotive\tAsset-\nbacked\tNotes\tand\tsatisfy\tthe\tSPEs’\texpenses,\tand\tany\tremaining\tcash\tis\tdistributed\tto\tthe\towners\tof\tthe\tSPEs.\tWe\trecognize\trevenue\tearned\tfrom\tthe\nassociated\tcustomer\tlease\tor\tfinancing\tcontracts\tin\taccordance\twith\tour\trevenue\trecognition\tpolicy.\tThe\tSPEs’\tassets\tand\tcash\tflows\tare\tnot\tavailable\tto\nour\tother\tcreditors,\tand\tthe\tcreditors\tof\tthe\tSPEs,\tincluding\tthe\tAutomotive\tAsset-backed\tNote\tholders,\thave\tno\trecourse\tto\tour\tother\tassets.\nIn\t2023,\twe\ttransferred\tbeneficial\tinterests\trelated\tto\tcertain\tleased\tvehicles\tand\tfinancing\treceivables\tinto\tSPEs\tand\tissued\t$3.93\tbillion\tin\naggregate\tprincipal\tamount\tof\tAutomotive\tAsset-backed\tNotes,\twith\tterms\tsimilar\tto\tour\tother\tpreviously\tissued\tAutomotive\tAsset-backed\tNotes.\tThe\nproceeds\tfrom\tthe\tissuance,\tnet\tof\tdebt\tissuance\tcosts,\twere\t$3.92\tbillion.\nCash\tEquity\tDebt\nIn\tconnection\twith\tthe\tcash\tequity\tfinancing\tdeals\tclosed\tin\t2016,\tour\tsubsidiaries\tissued\t$502\tmillion\tin\taggregate\tprincipal\tamount\tof\tdebt\tthat\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\tassets.\nAutomotive\tLease-backed\tCredit\tFacilities\nIn\tthe\tthird\tquarter\tof\t2023,\twe\tterminated\tour\tAutomotive\tLease-backed\tCredit\tFacilities\tand\tthe\tpreviously\tcommitted\tfunds\tare\tno\tlonger\navailable\tfor\tfuture\tborrowings.\nPledged\tAssets\nAs\tof\tDecember\t31,\t2023\tand\t2022,\twe\thad\tpledged\tor\trestricted\t$4.64\tbillion\tand\t$2.02\tbillion\tof\tour\tassets\t(consisting\tprincipally\tof\toperating", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 78, "lines": { "from": 1, "to": 18 } } } }, { "pageContent": "lease\tvehicles,\tfinancing\treceivables,\trestricted\tcash,\tand\tequity\tinterests\tin\tcertain\tSPEs)\tas\tcollateral\tfor\tour\toutstanding\tdebt.\nSchedule\tof\tPrincipal\tMaturities\tof\tDebt\nThe\tfuture\tscheduled\tprincipal\tmaturities\tof\tdebt\tas\tof\tDecember\t31,\t2023\twere\tas\tfollows\t(in\tmillions):\nRecourse\tdebtNon-recourse\tdebtTotal\n2024\n$37\t$1,941\t$1,978\t\n20254\t1,663\t1,667\t\n2026—\t494\t494\t\n2027—\t276\t276\t\n2028—\t44\t44\t\nThereafter3\t221\t224\t\nTotal\n$44\t$4,639\t$4,683\t\nNote\t12\t–\tLeases\nWe\thave\tentered\tinto\tvarious\toperating\tand\tfinance\tlease\tagreements\tfor\tcertain\tof\tour\toffices,\tmanufacturing\tand\twarehouse\tfacilities,\tretail\tand\nservice\tlocations,\tdata\tcenters,\tequipment,\tvehicles,\tand\tsolar\tenergy\tsystems,\tworldwide.\tWe\tdetermine\tif\tan\tarrangement\tis\ta\tlease,\tor\tcontains\ta\nlease,\tat\tinception\tand\trecord\tthe\tleases\tin\tour\tfinancial\tstatements\tupon\tlease\tcommencement,\twhich\tis\tthe\tdate\twhen\tthe\tunderlying\tasset\tis\tmade\navailable\tfor\tuse\tby\tthe\tlessor.\nWe\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\nleases\tand\tproduction\tequipment\tclasses\tembedded\tin\tsupply\tagreements.\tFrom\ta\tlessor\tperspective,\tthe\ttiming\tand\tpattern\tof\ttransfer\tare\tthe\tsame\tfor\nthe\tnon-lease\tcomponents\tand\tassociated\tlease\tcomponent\tand,\tthe\tlease\tcomponent,\tif\taccounted\tfor\tseparately,\twould\tbe\tclassified\tas\tan\toperating\nlease.\n76", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 78, "lines": { "from": 19, "to": 42 } } } }, { "pageContent": "We\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\tlease\ninception\tand\tdo\tnot\tcontain\tpurchase\toptions\tor\trenewal\tterms\tthat\twe\tare\treasonably\tcertain\tto\texercise.\tAll\tother\tlease\tassets\tand\tlease\tliabilities\tare\nrecognized\tbased\ton\tthe\tpresent\tvalue\tof\tlease\tpayments\tover\tthe\tlease\tterm\tat\tcommencement\tdate.\tBecause\tmost\tof\tour\tleases\tdo\tnot\tprovide\tan\nimplicit\trate\tof\treturn,\twe\tused\tour\tincremental\tborrowing\trate\tbased\ton\tthe\tinformation\tavailable\tat\tlease\tcommencement\tdate\tin\tdetermining\tthe\npresent\tvalue\tof\tlease\tpayments.\nOur\tleases,\twhere\twe\tare\tthe\tlessee,\toften\tinclude\toptions\tto\textend\tthe\tlease\tterm\tfor\tup\tto\t10\tyears.\tSome\tof\tour\tleases\talso\tinclude\toptions\tto\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\nterminate\tthe\tlease\twhen\tit\tis\treasonably\tcertain\tthat\twe\twill\texercise\tsuch\toptions.\nLease\texpense\tfor\toperating\tleases\tis\trecognized\ton\ta\tstraight-line\tbasis\tover\tthe\tlease\tterm\tas\tcost\tof\trevenues\tor\toperating\texpenses\tdepending\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\npresent\tvalue\tof\tfuture\tlease\tpayments\tbased\ton\tthe\tindex\tor\trate\tat\tthe\tlease\tcommencement\tdate\tfor\tnew\tleases.\tDifferences\tbetween\tthe\tcalculated\nlease\tpayment\tand\tactual\tpayment\tare\texpensed\tas\tincurred.\tAmortization\tof\tfinance\tlease\tassets\tis\trecognized\tover\tthe\tlease\tterm\tas\tcost\tof\trevenues\nor\toperating\texpenses\tdepending\ton\tthe\tnature\tof\tthe\tleased\tasset.\tInterest\texpense\ton\tfinance\tlease\tliabilities\tis\trecognized\tover\tthe\tlease\tterm\twithin\nInterest\texpense\tin\tthe\tconsolidated\tstatements\tof\toperations.\nThe\tbalances\tfor\tthe\toperating\tand\tfinance\tleases\twhere\twe\tare\tthe\tlessee\tare\tpresented\tas\tfollows\t(in\tmillions)\twithin\tour\tconsolidated\tbalance\nsheets:", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 79, "lines": { "from": 1, "to": 16 } } } }, { "pageContent": "sheets:\nDecember\t31,\t2023December\t31,\t2022\nOperating\tleases:\n\t\t\nOperating\tlease\tright-of-use\tassets$4,180\t$2,563\t\n\t\nAccrued\tliabilities\tand\tother$672\t$485\t\nOther\tlong-term\tliabilities3,671\t2,164\t\nTotal\toperating\tlease\tliabilities\n$4,343\t$2,649\t\n\t\nFinance\tleases:\t\t\nSolar\tenergy\tsystems,\tnet$23\t$25\t\nProperty,\tplant\tand\tequipment,\tnet601\t1,094\t\nTotal\tfinance\tlease\tassets\n$624\t$1,119\t\n\t\nCurrent\tportion\tof\tlong-term\tdebt\tand\tfinance\tleases$398\t$486\t\nLong-term\tdebt\tand\tfinance\tleases,\tnet\tof\tcurrent\tportion175\t568\t\nTotal\tfinance\tlease\tliabilities\n$573\t$1,054\t\n77", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 79, "lines": { "from": 16, "to": 37 } } } }, { "pageContent": "The\tcomponents\tof\tlease\texpense\tare\tas\tfollows\t(in\tmillions)\twithin\tour\tconsolidated\tstatements\tof\toperations:\nYear\tEnded\tDecember\t31,\n202320222021\nOperating\tlease\texpense:\t\t\t\nOperating\tlease\texpense\t(1)$1,153\t$798\t$627\t\n\t\nFinance\tlease\texpense:\nAmortization\tof\tleased\tassets$506\t$493\t$415\t\nInterest\ton\tlease\tliabilities45\t72\t89\t\nTotal\tfinance\tlease\texpense$551\t$565\t$504\t\n\t\nTotal\tlease\texpense\n$1,704\t$1,363\t$1,131\t\n(1)Includes\tshort-term\tleases\tand\tvariable\tlease\tcosts,\twhich\tare\timmaterial.\nOther\tinformation\trelated\tto\tleases\twhere\twe\tare\tthe\tlessee\tis\tas\tfollows:\nDecember\t31,\t2023December\t31,\t2022\nWeighted-average\tremaining\tlease\tterm:\nOperating\tleases7.4\tyears6.4\tyears\nFinance\tleases2.3\tyears3.1\tyears\n\t\nWeighted-average\tdiscount\trate:\nOperating\tleases5.6\t%5.3\t%\nFinance\tleases5.5\t%5.7\t%\nSupplemental\tcash\tflow\tinformation\trelated\tto\tleases\twhere\twe\tare\tthe\tlessee\tis\tas\tfollows\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nCash\tpaid\tfor\tamounts\tincluded\tin\tthe\tmeasurement\tof\tlease\tliabilities:\nOperating\tcash\toutflows\tfrom\toperating\tleases$1,084\t$754\t$616\t\nOperating\tcash\toutflows\tfrom\tfinance\tleases\t(interest\tpayments)$47\t$75\t$89\t\nLeased\tassets\tobtained\tin\texchange\tfor\tfinance\tlease\tliabilities$10\t$58\t$486\t\nLeased\tassets\tobtained\tin\texchange\tfor\toperating\tlease\tliabilities$2,170\t$1,059\t$818\t\n78", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 80, "lines": { "from": 1, "to": 32 } } } }, { "pageContent": "As\tof\tDecember\t31,\t2023,\tthe\tmaturities\tof\tour\toperating\tand\tfinance\tlease\tliabilities\t(excluding\tshort-term\tleases)\tare\tas\tfollows\t(in\tmillions):\n\t\nOperating\nLeases\nFinance\nLeases\n2024\n$892\t$418\t\n2025831\t81\t\n2026706\t57\t\n2027603\t38\t\n2028508\t2\t\nThereafter1,820\t4\t\nTotal\tminimum\tlease\tpayments\n5,360\t600\t\nLess:\tInterest1,017\t27\t\nPresent\tvalue\tof\tlease\tobligations\n4,343\t573\t\nLess:\tCurrent\tportion672\t398\t\nLong-term\tportion\tof\tlease\tobligations\n$3,671\t$175\t\nAs\tof\tDecember\t31,\t2023,\twe\thave\texcluded\tfrom\tthe\ttable\tabove\tadditional\toperating\tleases\tthat\thave\tnot\tyet\tcommenced\twith\taggregate\trent\npayments\tof\t$1.53\tbillion.\tThese\toperating\tleases\twill\tcommence\tbetween\tfiscal\tyear\t2024\tand\t2025\twith\tlease\tterms\tof\t2\tyears\tto\t20\tyears.\nOperating\tLease\tand\tSales-type\tLease\tReceivables\nWe\tare\tthe\tlessor\tof\tcertain\tvehicle\tand\tsolar\tenergy\tsystem\tarrangements\tas\tdescribed\tin\tNote\t2,\tSummary\tof\tSignificant\tAccounting\tPolicies.\tAs\tof\nDecember\t31,\t2023,\tmaturities\tof\tour\toperating\tlease\tand\tsales-type\tlease\treceivables\tfrom\tcustomers\tfor\teach\tof\tthe\tnext\tfive\tyears\tand\tthereafter\twere\nas\tfollows\t(in\tmillions):\nOperating\nLeases\nSales-type\nLeases\n2024\n$1,405\t$227\t\n2025960\t214\t\n2026461\t210\t\n2027227\t102\t\n2028197\t25\t\nThereafter1,492\t2\t\nGross\tlease\treceivables\n$4,742\t$780\t\nThe\tabove\ttable\tdoes\tnot\tinclude\tvehicle\tsales\tto\tcustomers\tor\tleasing\tpartners\twith\ta\tresale\tvalue\tguarantee\tas\tthe\tcash\tpayments\twere\treceived\nupfront.\tFor\tour\tsolar\tPPA\tarrangements,\tcustomers\tare\tcharged\tsolely\tbased\ton\tactual\tpower\tproduced\tby\tthe\tinstalled\tsolar\tenergy\tsystem\tat\ta\npredefined\trate\tper\tkilowatt-hour\tof\tpower\tproduced.\tThe\tfuture\tpayments\tfrom\tsuch\tarrangements\tare\tnot\tincluded\tin\tthe\tabove\ttable\tas\tthey\tare\ta\nfunction\tof\tthe\tpower\tgenerated\tby\tthe\trelated\tsolar\tenergy\tsystems\tin\tthe\tfuture.\n79", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 81, "lines": { "from": 1, "to": 45 } } } }, { "pageContent": "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\nconsolidated\tbalance\tsheets\tas\ta\tcomponent\tof\tPrepaid\texpenses\tand\tother\tcurrent\tassets\tfor\tthe\tcurrent\tportion\tand\tas\tOther\tnon-current\tassets\tfor\tthe\nlong-term\tportion.\tLease\treceivables\trelating\tto\tsales-type\tleases\tare\tpresented\ton\tthe\tconsolidated\tbalance\tsheets\tas\tfollows\t(in\tmillions):\nDecember\t31,\t2023December\t31,\t2022\nGross\tlease\treceivables\n$780\t$837\t\nUnearned\tinterest\tincome(78)(95)\nAllowance\tfor\texpected\tcredit\tlosses(6)(4)\nNet\tinvestment\tin\tsales-type\tleases\n$696\t$738\t\n\t\nReported\tas:\nPrepaid\texpenses\tand\tother\tcurrent\tassets$189\t$164\t\nOther\tnon-current\tassets507\t574\t\nNet\tinvestment\tin\tsales-type\tleases\n$696\t$738\t\nLease\tPass-Through\tFinancing\tObligation\nAs\tof\tDecember\t31,\t2023,\twe\thave\tfive\ttransactions\treferred\tto\tas\t“lease\tpass-through\tfund\tarrangements.”\tUnder\tthese\tarrangements,\tour\twholly\nowned\tsubsidiaries\tfinance\tthe\tcost\tof\tsolar\tenergy\tsystems\twith\tinvestors\tthrough\tarrangements\tcontractually\tstructured\tas\tmaster\tleases\tfor\tan\tinitial\nterm\tranging\tbetween\t10\tand\t25\tyears.\tThese\tsolar\tenergy\tsystems\tare\tsubject\tto\tlease\tor\tPPAs\twith\tcustomers\twith\tan\tinitial\tterm\tnot\texceeding\t25\nyears.\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\nsome\tcases,\tsubsequent\tperiodic\tpayments.\tAs\tof\tDecember\t31,\t2023,\tthe\tfuture\tminimum\tmaster\tlease\tpayments\tto\tbe\treceived\tfrom\tinvestors,\tfor\neach\tof\tthe\tnext\tfive\tyears\tand\tthereafter,\twere\tas\tfollows\t(in\tmillions):\n2024$18\t\n202527\t\n202628\t\n202729\t\n202829\t\nThereafter337\t\nTotal\n$468\t\nNote\t13\t–\tEquity\tIncentive\tPlans\nIn\tJune\t2019,\twe\tadopted\tthe\t2019\tEquity\tIncentive\tPlan\t(the\t“2019\tPlan”).\tThe\t2019\tPlan\tprovides\tfor\tthe\tgrant\tof\tstock\toptions,\trestricted\tstock,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 82, "lines": { "from": 1, "to": 35 } } } }, { "pageContent": "RSUs,\tstock\tappreciation\trights,\tperformance\tunits\tand\tperformance\tshares\tto\tour\temployees,\tdirectors\tand\tconsultants.\tStock\toptions\tgranted\tunder\tthe\n2019\tPlan\tmay\tbe\teither\tincentive\tstock\toptions\tor\tnonstatutory\tstock\toptions.\tIncentive\tstock\toptions\tmay\tonly\tbe\tgranted\tto\tour\temployees.\nNonstatutory\tstock\toptions\tmay\tbe\tgranted\tto\tour\temployees,\tdirectors\tand\tconsultants.\tGenerally,\tour\tstock\toptions\tand\tRSUs\tvest\tover\tfour\tyears\tand\nour\tstock\toptions\tare\texercisable\tover\ta\tmaximum\tperiod\tof\t10\tyears\tfrom\ttheir\tgrant\tdates.\tVesting\ttypically\tterminates\twhen\tthe\temployment\tor\nconsulting\trelationship\tends.\nAs\tof\tDecember\t31,\t2023,\t131.1\tmillion\tshares\twere\treserved\tand\tavailable\tfor\tissuance\tunder\tthe\t2019\tPlan.\n80", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 82, "lines": { "from": 36, "to": 42 } } } }, { "pageContent": "The\tfollowing\ttable\tsummarizes\tour\tstock\toption\tand\tRSU\tactivity\tfor\tthe\tyear\tended\tDecember\t31,\t2023:\nStock\tOptionsRSUs\nNumber\tof\nOptions\n(in\tthousands)\nWeighted-\nAverage\nExercise\nPrice\nWeighted-\nAverage\nRemaining\nContractual\nLife\t(years)\nAggregate\nIntrinsic\nValue\n(in\tbillions)\nNumber\nof\tRSUs\n(in\tthousands)\nWeighted-\nAverage\nGrant\nDate\tFair\nValue\nBeginning\tof\tperiod\n343,564$30.65\t21,333$162.32\t\nGranted9,521$226.50\t11,743$228.33\t\nExercised\tor\treleased(7,626)$43.07\t(11,085)$116.47\t\nCancelled(1,438)$194.23\t(2,903)$192.22\t\nEnd\tof\tperiod\n344,021\n$35.11\t4.31$73.57\t\n19,088\n$225.01\t\nVested\tand\texpected\tto\tvest,\tDecember\t31,\t2023\n340,884$33.38\t4.27$73.45\t18,446$225.76\t\nExercisable\tand\tvested,\tDecember\t31,\t2023329,124$27.07\t4.11$72.90\t\nThe\tweighted-average\tgrant\tdate\tfair\tvalue\tof\tRSUs\tgranted\tin\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021\twas\t$228.33,\t$239.85\tand\n$261.33,\trespectively.\tThe\taggregate\trelease\tdate\tfair\tvalue\tof\tRSUs\tin\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021\twas\t$2.50\tbillion,\t$4.32\nbillion\tand\t$5.70\tbillion,\trespectively.\nThe\taggregate\tintrinsic\tvalue\tof\toptions\texercised\tin\tthe\tyears\tended\tDecember\t31,\t2023,\t2022,\tand\t2021\twas\t$1.33\tbillion,\t$1.90\tbillion\tand\n$26.88\tbillion,\trespectively.\tDuring\tthe\tyear\tended\tDecember\t31,\t2021,\tour\tCEO\texercised\tall\tof\tthe\tremaining\tvested\toptions\tfrom\tthe\t2012\tCEO\nPerformance\tAward,\twhich\tamounted\tto\tan\tintrinsic\tvalue\tof\t$23.45\tbillion.\nESPP\nOur\temployees\tare\teligible\tto\tpurchase\tour\tcommon\tstock\tthrough\tpayroll\tdeductions\tof\tup\tto\t15%\tof\ttheir\teligible\tcompensation,\tsubject\tto\tany\nplan\tlimitations.\tThe\tpurchase\tprice\twould\tbe\t85%\tof\tthe\tlower\tof\tthe\tfair\tmarket\tvalue\ton\tthe\tfirst\tand\tlast\ttrading\tdays\tof\teach\tsix-month\toffering\nperiod.\tDuring\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021,\tunder\tthe\tESPP\twe\tissued\t2.1\tmillion,\t1.4\tmillion\tand\t1.5\tmillion\tshares,\trespectively.\nAs\tof\tDecember\t31,\t2023,\tthere\twere\t97.8\tmillion\tshares\tavailable\tfor\tissuance\tunder\tthe\tESPP.\nFair\tValue\tAssumptions", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 83, "lines": { "from": 1, "to": 51 } } } }, { "pageContent": "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\nstock\toption\taward\twith\tservice\tor\tservice\tand\tperformance\tconditions\tand\tthe\tESPP\ton\tthe\tgrant\tdate\tgenerally\tusing\tthe\tBlack-Scholes\toption\tpricing\nmodel.\tThe\tweighted-average\tassumptions\tused\tin\tthe\tBlack-Scholes\tmodel\tfor\tstock\toptions\tare\tas\tfollows:\nYear\tEnded\tDecember\t31,\n202320222021\nRisk-free\tinterest\trate\n3.90\t%3.11\t%0.66\t%\nExpected\tterm\t(in\tyears)4.54.14.3\nExpected\tvolatility63\t%63\t%59\t%\nDividend\tyield0.0\t%0.0\t%0.0\t%\nGrant\tdate\tfair\tvalue\tper\tshare$121.62\t$114.51\t$128.02\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\tof\nour\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\teach\ngrant’s\texpected\tlife.\tWe\tuse\tour\thistorical\tdata\tin\testimating\tthe\texpected\tterm\tof\tour\temployee\tgrants.\tThe\texpected\tvolatility\tis\tbased\ton\tthe\taverage\nof\tthe\timplied\tvolatility\tof\tpublicly\ttraded\toptions\tfor\tour\tcommon\tstock\tand\tthe\thistorical\tvolatility\tof\tour\tcommon\tstock.\n81", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 83, "lines": { "from": 51, "to": 67 } } } }, { "pageContent": "2018\tCEO\tPerformance\tAward\nIn\tMarch\t2018,\tour\tstockholders\tapproved\tthe\tBoard\tof\tDirectors’\tgrant\tof\t304.0\tmillion\tstock\toption\tawards,\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2020\nStock\tSplit\tand\tthe\t2022\tStock\tSplit,\tto\tour\tCEO\t(the\t“2018\tCEO\tPerformance\tAward”).\tThe\t2018\tCEO\tPerformance\tAward\tconsisted\tof\t12\tvesting\ntranches\twith\ta\tvesting\tschedule\tbased\tentirely\ton\tthe\tattainment\tof\tboth\toperational\tmilestones\t(performance\tconditions)\tand\tmarket\tconditions,\nassuming\tcontinued\temployment\teither\tas\tthe\tCEO\tor\tas\tboth\tExecutive\tChairman\tand\tChief\tProduct\tOfficer\tand\tservice\tthrough\teach\tvesting\tdate.\tEach\nof\tthe\t12\tvesting\ttranches\tof\tthe\t2018\tCEO\tPerformance\tAward\tvested\tupon\tcertification\tby\tthe\tBoard\tof\tDirectors\tthat\tboth\t(i)\tthe\tmarket\tcapitalization\nmilestone\tfor\tsuch\ttranche,\twhich\tbegan\tat\t$100.0\tbillion\tfor\tthe\tfirst\ttranche\tand\tincreases\tby\tincrements\tof\t$50.0\tbillion\tthereafter\t(based\ton\tboth\ta\tsix\ncalendar\tmonth\ttrailing\taverage\tand\ta\t30\tcalendar\tday\ttrailing\taverage,\tcounting\tonly\ttrading\tdays),\thad\tbeen\tachieved,\tand\t(ii)\tany\tone\tof\tthe\tfollowing\neight\toperational\tmilestones\tfocused\ton\ttotal\trevenue\tor\tany\tone\tof\tthe\teight\toperational\tmilestones\tfocused\ton\tAdjusted\tEBITDA\thad\tbeen\tachieved\tfor\nthe\tfour\tconsecutive\tfiscal\tquarters\ton\tan\tannualized\tbasis\tand\tsubsequently\treported\tby\tus\tin\tour\tconsolidated\tfinancial\tstatements\tfiled\twith\tour\tForms\n10-Q\tand/or\t10-K.\tAdjusted\tEBITDA\twas\tdefined\tas\tnet\tincome\t(loss)\tattributable\tto\tcommon\tstockholders\tbefore\tinterest\texpense,\tprovision\t(benefit)\tfor\nincome\ttaxes,\tdepreciation\tand\tamortization\tand\tstock-based\tcompensation.\tUpon\tvesting\tand\texercise,\tincluding\tthe\tpayment\tof\tthe\texercise\tprice\tof\n$23.34\tper\tshare\tas\tadjusted\tto\tgive\teffect\tto\tthe\t2020\tStock\tSplit\tand\tthe\t2022\tStock\tSplit,\tour\tCEO\tmust\thold\tshares\tthat\the\tacquires\tfor\tfive\tyears\npost-exercise,\tother\tthan\ta\tcashless\texercise\twhere\tshares\tare\tsimultaneously\tsold\tto\tpay\tfor\tthe\texercise\tprice\tand\tany\trequired\ttax\twithholding.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 84, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "The\tachievement\tstatus\tof\tthe\toperational\tmilestones\tas\tof\tDecember\t31,\t2023\tis\tprovided\tbelow.\nTotal\tAnnualized\tRevenueAnnualized\tAdjusted\tEBITDA\nMilestone\n(in\tbillions)Achievement\tStatus\nMilestone\n(in\tbillions)Achievement\tStatus\n$20.0\tAchieved$1.5\tAchieved\n$35.0\tAchieved$3.0\tAchieved\n$55.0\tAchieved$4.5\tAchieved\n$75.0\tAchieved$6.0\tAchieved\n$100.0\t-$8.0\tAchieved\n$125.0\t-$10.0\tAchieved\n$150.0\t-$12.0\tAchieved\n$175.0\t-$14.0\tAchieved\nStock-based\tcompensation\tunder\tthe\t2018\tCEO\tPerformance\tAward\trepresented\ta\tnon-cash\texpense\tand\twas\trecorded\tas\ta\tSelling,\tgeneral,\tand\nadministrative\toperating\texpense\tin\tour\tconsolidated\tstatements\tof\toperations.\tIn\teach\tquarter\tsince\tthe\tgrant\tof\tthe\t2018\tCEO\tPerformance\tAward,\twe\nhad\trecognized\texpense,\tgenerally\ton\ta\tpro-rated\tbasis,\tfor\tonly\tthe\tnumber\tof\ttranches\t(up\tto\tthe\tmaximum\tof\t12\ttranches)\tthat\tcorresponded\tto\tthe\nnumber\tof\toperational\tmilestones\tthat\thad\tbeen\tachieved\tor\thad\tbeen\tdetermined\tprobable\tof\tbeing\tachieved\tin\tthe\tfuture,\tin\taccordance\twith\tthe\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\nfuture\ttime\twhen\tthe\tmarket\tcapitalization\tmilestone\tfor\tsuch\ttranche\twas\texpected\tto\tbe\tachieved,\tor\tits\t“expected\tmarket\tcapitalization\tmilestone\nachievement\ttime.”\tSeparately,\tbased\ton\ta\tsubjective\tassessment\tof\tour\tfuture\tfinancial\tperformance\teach\tquarter,\twe\tdetermined\twhether\tit\twas\nprobable\tthat\twe\twould\tachieve\teach\toperational\tmilestone\tthat\thad\tnot\tpreviously\tbeen\tachieved\tor\tdeemed\tprobable\tof\tachievement\tand\tif\tso,\tthe\nfuture\ttime\twhen\twe\texpected\tto\tachieve\tthat\toperational\tmilestone,\tor\tits\t“expected\toperational\tmilestone\tachievement\ttime.”\nAs\tof\tDecember\t31,\t2022,\tall\tremaining\tunrecognized\tstock-based\tcompensation\texpense\tunder\tthe\t2018\tCEO\tPerformance\tAward\thad\tbeen", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 84, "lines": { "from": 15, "to": 39 } } } }, { "pageContent": "recognized.\tFor\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\twe\trecorded\tstock-based\tcompensation\texpense\tof\t$66\tmillion\tand\t$910\tmillion,\nrespectively,\trelated\tto\tthe\t2018\tCEO\tPerformance\tAward.\n82", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 84, "lines": { "from": 40, "to": 42 } } } }, { "pageContent": "Other\tPerformance-Based\tGrants\nFrom\ttime\tto\ttime,\tthe\tCompensation\tCommittee\tof\tour\tBoard\tof\tDirectors\tgrants\tcertain\temployees\tperformance-based\tRSUs\tand\tstock\toptions.\nAs\tof\tDecember\t31,\t2023,\twe\thad\tunrecognized\tstock-based\tcompensation\texpense\tof\t$655\tmillion\tunder\tthese\tgrants\tto\tpurchase\tor\treceive\tan\naggregate\t5.3\tmillion\tshares\tof\tour\tcommon\tstock.\tFor\tawards\tprobable\tof\tachievement,\twe\testimate\tthe\tunrecognized\tstock-based\tcompensation\nexpense\tof\t$110\tmillion\twill\tbe\trecognized\tover\ta\tweighted-average\tperiod\tof\t4.0\tyears.\nFor\tthe\tyears\tended\tDecember\t31,\t2023\tand\t2022,\twe\trecorded\t$57\tmillion\tand\t$159\tmillion,\trespectively,\tof\tstock-based\tcompensation\texpense\nrelated\tto\tthese\tgrants,\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):\nYear\tEnded\tDecember\t31,\n202320222021\nCost\tof\trevenues\n$741\t$594\t$421\t\nResearch\tand\tdevelopment689\t536\t448\t\nSelling,\tgeneral\tand\tadministrative382\t430\t1,252\t\nTotal\n$1,812\t$1,560\t$2,121\t\nOur\tincome\ttax\tbenefits\trecognized\tfrom\tstock-based\tcompensation\tarrangements\twere\timmaterial\twhile\twe\twere\tunder\tfull\tvaluation\tallowances\non\tour\tU.S.\tdeferred\ttax\tassets\tduring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021.\tWith\tthe\trelease\tof\tthe\tvaluation\tallowance\tassociated\twith\tour\nfederal\tand\tcertain\tstate\tdeferred\ttax\tassets\tin\t2023,\tincome\ttax\tbenefits\trecognized\tfrom\tstock-based\tcompensation\texpense\twere\t$326\tmillion\tduring\nthe\tyear\tended\tDecember\t31,\t2023.\tDuring\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021,\tstock-based\tcompensation\texpense\tcapitalized\tto\tour\nconsolidated\tbalance\tsheets\twas\t$199\tmillion,\t$245\tmillion\tand\t$182\tmillion,\trespectively.\tAs\tof\tDecember\t31,\t2023,\twe\thad\t$4.82\tbillion\tof\ttotal\nunrecognized\tstock-based\tcompensation\texpense\trelated\tto\tnon-performance\tawards,\twhich\twill\tbe\trecognized\tover\ta\tweighted-average\tperiod\tof\t2.8\nyears.\nNote\t14\t–\tIncome\tTaxes", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 85, "lines": { "from": 1, "to": 25 } } } }, { "pageContent": "years.\nNote\t14\t–\tIncome\tTaxes\nOur\tincome\tbefore\t(benefit\tfrom)\tprovision\tfor\tincome\ttaxes\tfor\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021\twas\tas\tfollows\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nDomestic\n$3,196\t$5,524\t$(130)\nNoncontrolling\tinterest\tand\tredeemable\tnoncontrolling\tinterest(23)31\t125\t\nForeign6,800\t8,164\t6,348\t\nIncome\tbefore\tincome\ttaxes\n$9,973\t$13,719\t$6,343\t\n83", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 85, "lines": { "from": 24, "to": 35 } } } }, { "pageContent": "A\t(benefit\tfrom)\tprovision\tfor\tincome\ttaxes\tof\t$(5.00)\tbillion,\t$1.13\tbillion\tand\t$699\tmillion\thas\tbeen\trecognized\tfor\tthe\tyears\tended\tDecember\t31,\n2023,\t2022\tand\t2021,\trespectively.\tThe\tcomponents\tof\tthe\t(benefit\tfrom)\tprovision\tfor\tincome\ttaxes\tfor\tthe\tyears\tended\tDecember\t31,\t2023,\t2022\tand\n2021\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nCurrent:\nFederal$48\t$—\t$—\t\nState57\t62\t9\t\nForeign1,243\t1,266\t839\t\nTotal\tcurrent\n1,348\t1,328\t848\t\nDeferred:\nFederal(5,246)26\t—\t\nState(653)1\t—\t\nForeign(450)(223)(149)\nTotal\tdeferred\n(6,349)(196)(149)\nTotal\t(Benefit\tfrom)\tprovision\tfor\tincome\ttaxes\n$(5,001)$1,132\t$699\t\nThe\treconciliation\tof\ttaxes\tat\tthe\tfederal\tstatutory\trate\tto\tour\t(benefit\tfrom)\tprovision\tfor\tincome\ttaxes\tfor\tthe\tyears\tended\tDecember\t31,\t2023,\n2022\tand\t2021\twas\tas\tfollows\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nTax\tat\tstatutory\tfederal\trate\n$2,094\t$2,881\t$1,332\t\nState\ttax,\tnet\tof\tfederal\tbenefit(372)51\t6\t\nNondeductible\texecutive\tcompensation23\t14\t201\t\nExcess\ttax\tbenefits\trelated\tto\tstock-based\tcompensation(288)(745)(7,123)\nNontaxable\tmanufacturing\tcredit(101)—\t—\t\nForeign\tincome\trate\tdifferential(816)(923)(668)\nU.S.\ttax\tcredits(593)(276)(328)\nGILTI\tinclusion670\t1,279\t1,008\t\nUnrecognized\ttax\tbenefits183\t252\t28\t\nChange\tin\tvaluation\tallowance(5,962)(1,532)6,165\t\nOther161\t131\t78\t\n(Benefit\tfrom)\tprovision\tfor\tincome\ttaxes\n$(5,001)$1,132\t$699\t\nWe\tmonitor\tthe\trealizability\tof\tour\tdeferred\ttax\tassets\ttaking\tinto\taccount\tall\trelevant\tfactors\tat\teach\treporting\tperiod.\tAs\tof\tDecember\t31,\t2023,\nbased\ton\tthe\trelevant\tweight\tof\tpositive\tand\tnegative\tevidence,\tincluding\tthe\tamount\tof\tour\ttaxable\tincome\tin\trecent\tyears\twhich\tis\tobjective\tand\nverifiable,\tand\tconsideration\tof\tour\texpected\tfuture\ttaxable\tearnings,\twe\tconcluded\tthat\tit\tis\tmore\tlikely\tthan\tnot\tthat\tour\tU.S.\tfederal\tand\tcertain\tstate", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 86, "lines": { "from": 1, "to": 40 } } } }, { "pageContent": "deferred\ttax\tassets\tare\trealizable.\tAs\tsuch,\twe\treleased\t$6.54\tbillion\tof\tour\tvaluation\tallowance\tassociated\twith\tthe\tU.S.\tfederal\tand\tstate\tdeferred\ttax\nassets,\twith\tthe\texception\tof\tour\tCalifornia\tdeferred\ttax\tassets.\tWe\tcontinue\tto\tmaintain\ta\tfull\tvaluation\tallowance\tagainst\tour\tCalifornia\tdeferred\ttax\nassets\tas\tof\tDecember\t31,\t2023,\tbecause\twe\tconcluded\tthey\tare\tnot\tmore\tlikely\tthan\tnot\tto\tbe\trealized\tas\twe\texpect\tour\tCalifornia\tdeferred\ttax\tassets\ngeneration\tin\tfuture\tyears\tto\texceed\tour\tability\tto\tuse\tthese\tdeferred\ttax\tassets.\n84", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 86, "lines": { "from": 41, "to": 45 } } } }, { "pageContent": "Deferred\ttax\tassets\t(liabilities)\tas\tof\tDecember\t31,\t2023\tand\t2022\tconsisted\tof\tthe\tfollowing\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nDeferred\ttax\tassets:\nNet\toperating\tloss\tcarry-forwards$2,826\t$4,486\t\nResearch\tand\tdevelopment\tcredits1,358\t1,184\t\nOther\ttax\tcredits\tand\tattributes827\t217\t\nDeferred\trevenue1,035\t751\t\nInventory\tand\twarranty\treserves1,258\t819\t\nStock-based\tcompensation230\t185\t\nOperating\tlease\tright-of-use\tliabilities930\t554\t\nCapitalized\tresearch\tand\tdevelopment\tcosts1,344\t693\t\nDeferred\tGILTI\ttax\tassets760\t466\t\nAccruals\tand\tothers206\t178\t\nTotal\tdeferred\ttax\tassets\n10,774\t9,533\t\nValuation\tallowance(892)(7,349)\nDeferred\ttax\tassets,\tnet\tof\tvaluation\tallowance\n9,882\t2,184\t\nDeferred\ttax\tliabilities:\nDepreciation\tand\tamortization(2,122)(1,178)\nInvestment\tin\tcertain\tfinancing\tfunds(133)(238)\nOperating\tlease\tright-of-use\tassets(859)(506)\nOther(116)(15)\nTotal\tdeferred\ttax\tliabilities\n(3,230)(1,937)\nDeferred\ttax\tassets\t(liabilities),\tnet\tof\tvaluation\tallowance\n$6,652\t$247\t\nAs\tof\tDecember\t31,\t2023,\twe\tmaintained\tvaluation\tallowances\tof\t$892\tmillion\tfor\tdeferred\ttax\tassets\tthat\tare\tnot\tmore\tlikely\tthan\tnot\tto\tbe\nrealized,\twhich\tprimarily\tincluded\tdeferred\ttax\tassets\tin\tthe\tstate\tof\tCalifornia\tand\tcertain\tforeign\toperating\tlosses.\tThe\tvaluation\tallowance\ton\tour\tnet\ndeferred\ttax\tassets\tdecreased\tby\t$6.46\tbillion\tand\t$1.73\tbillion\tduring\tthe\tyears\tended\tDecember\t31,\t2023\tand\t2022,\trespectively,\tand\tincreased\tby\n$6.14\tbillion\tduring\tthe\tyear\tended\tDecember\t31,\t2021.\tThe\tvaluation\tallowance\tdecrease\tduring\tthe\tyear\tended\tDecember\t31,\t2023\twas\tprimarily\tdue\nto\tthe\trelease\tof\tour\tvaluation\tallowance\twith\trespect\tto\tour\tU.S.\tfederal\tand\tcertain\tstate\tdeferred\ttax\tassets.\tThe\tchanges\tin\tvaluation\tallowances\nduring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021\twere\tprimarily\tdue\tto\tchanges\tin\tour\tU.S.\tdeferred\ttax\tassets\tand\tliabilities\tin\tthe\trespective\tyear.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 87, "lines": { "from": 1, "to": 36 } } } }, { "pageContent": "Among\tour\tdeferred\ttax\tassets\tin\tforeign\tjurisdictions,\twe\trecorded\ta\tvaluation\tallowance\ton\tcertain\tforeign\tnet\toperating\tlosses\tthat\tare\tnot\tmore\tlikely\nthan\tnot\tto\tbe\trealized.\tThe\tremainder\tof\tour\tforeign\tdeferred\ttax\tassets\tare\tmore\tlikely\tthan\tnot\tto\tbe\trealized\tgiven\tthe\texpectation\tof\tfuture\tearnings\nin\tthese\tjurisdictions.\nAs\tof\tDecember\t31,\t2023,\twe\thad\t$10.31\tbillion\tof\tfederal\tand\t$10.36\tbillion\tof\tstate\tnet\toperating\tloss\tcarry-forwards\tavailable\tto\toffset\tfuture\ntaxable\tincome,\tsome\tof\twhich,\tif\tnot\tutilized,\twill\tbegin\tto\texpire\tin\t2024\tfor\tfederal\tand\tstate\tpurposes.\tFederal\tand\tstate\tlaws\tcan\timpose\tsubstantial\nrestrictions\ton\tthe\tutilization\tof\tnet\toperating\tloss\tand\ttax\tcredit\tcarry-forwards\tin\tthe\tevent\tof\tan\t“ownership\tchange,”\tas\tdefined\tin\tSection\t382\tof\tthe\nInternal\tRevenue\tCode.\tWe\thave\tdetermined\tthat\tno\tsignificant\tlimitation\twould\tbe\tplaced\ton\tthe\tutilization\tof\tour\tnet\toperating\tloss\tand\ttax\tcredit\tcarry-\nforwards\tdue\tto\tprior\townership\tchanges\tor\texpirations.\nAs\tof\tDecember\t31,\t2023,\twe\thad\tfederal\tresearch\tand\tdevelopment\ttax\tcredits\tof\t$1.10\tbillion,\tfederal\trenewable\tenergy\ttax\tcredits\tof\n$605\tmillion,\tand\tstate\tresearch\tand\tdevelopment\ttax\tcredits\tof\t$923\tmillion.\tMost\tof\tour\tstate\tresearch\tand\tdevelopment\ttax\tcredits\twere\tin\tthe\tstate\tof\nCalifornia.\tIf\tnot\tutilized,\tsome\tof\tthe\tfederal\ttax\tcredits\tmay\texpire\tin\tvarious\tamounts\tbeginning\tin\t2036.\tHowever,\tCalifornia\tresearch\tand\tdevelopment\ntax\tcredits\tcan\tbe\tcarried\tforward\tindefinitely.\n85", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 87, "lines": { "from": 37, "to": 49 } } } }, { "pageContent": "The\tlocal\tgovernment\tof\tShanghai\tgranted\ta\tbeneficial\tcorporate\tincome\ttax\trate\tof\t15%\tto\tcertain\teligible\tenterprises,\tcompared\tto\tthe\t25%\nstatutory\tcorporate\tincome\ttax\trate\tin\tChina.\tOur\tGigafactory\tShanghai\tsubsidiary\twas\tgranted\tthis\tbeneficial\tincome\ttax\trate\tof\t15%\tfor\t2019\tthrough\n2023.\tStarting\tin\t2024,\tGigafactory\tShanghai\tis\tsubject\tto\t25%\tstatutory\tcorporate\tincome\ttax\trate\tin\tChina.\nAs\tof\tDecember\t31,\t2023,\twe\tintend\tto\tindefinitely\treinvest\tour\tforeign\tearnings\tand\tcash\tunless\tsuch\trepatriation\tresults\tin\tno\tor\tminimal\ttax\tcosts.\nWe\thave\trecorded\tthe\ttaxes\tassociated\twith\tthe\tforeign\tearnings\twe\tintend\tto\trepatriate\tin\tthe\tfuture.\tFor\tthe\tearnings\twe\tintend\tto\tindefinitely\treinvest,\nno\tdeferred\ttax\tliabilities\tfor\tforeign\twithholding\tor\tother\ttaxes\thave\tbeen\trecorded.\tThe\testimated\tamount\tof\tsuch\tunrecognized\twithholding\ttax\tliability\nassociated\twith\tthe\tindefinitely\treinvested\tearnings\tis\tapproximately\t$245\tmillion.\nUncertain\tTax\tPositions\nThe\tchanges\tto\tour\tgross\tunrecognized\ttax\tbenefits\twere\tas\tfollows\t(in\tmillions):\nDecember\t31,\t2020$380\t\nIncreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions117\t\nDecreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions(90)\nIncreases\tin\tbalances\trelated\tto\tcurrent\tyear\ttax\tpositions124\t\nDecember\t31,\t2021\n531\t\nIncreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions136\t\nDecreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions(12)\nIncreases\tin\tbalances\trelated\tto\tcurrent\tyear\ttax\tpositions222\t\nDecreases\tin\tbalances\trelated\tto\texpiration\tof\tthe\tstatute\tof\tlimitations(7)\nDecember\t31,\t2022\n870\t\nIncreases\tin\tbalances\trelated\tto\tprior\tyear\ttax\tpositions59\t\nDecreases\trelated\tto\tsettlement\twith\ttax\tauthorities(6)\nIncreases\tin\tbalances\trelated\tto\tcurrent\tyear\ttax\tpositions255\t\nDecreases\tin\tbalances\trelated\tto\texpiration\tof\tthe\tstatute\tof\tlimitations(4)\nDecember\t31,\t2023\n$1,174", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 88, "lines": { "from": 1, "to": 27 } } } }, { "pageContent": "December\t31,\t2023\n$1,174\t\nWe\tinclude\tinterest\tand\tpenalties\trelated\tto\tunrecognized\ttax\tbenefits\tin\tincome\ttax\texpense.\tWe\trecognized\tnet\tinterest\tand\tpenalties\trelated\tto\nunrecognized\ttax\tbenefits\tin\tprovision\tfor\tincome\ttaxes\tline\tof\tour\tconsolidated\tstatements\tof\toperations\tof\t$17\tmillion,\t$27\tmillion\tand\t$4\tmillion\tfor\tthe\nyears\tended\tDecember\t31,\t2023,\t2022\tand\t2021,\trespectively.\tAs\tof\tDecember\t31,\t2023,\tand\t2022,\twe\thave\taccrued\t$47\tmillion\tand\t$31\tmillion,\nrespectively,\trelated\tto\tinterest\tand\tpenalties\ton\tour\tunrecognized\ttax\tbenefits.\tUnrecognized\ttax\tbenefits\tof\t$901\tmillion,\tif\trecognized,\twould\taffect\tour\neffective\ttax\trate.\nWe\tfile\tincome\ttax\treturns\tin\tthe\tU.S.\tand\tvarious\tstate\tand\tforeign\tjurisdictions.\tWe\tare\tcurrently\tunder\texamination\tby\tthe\tInternal\tRevenue\nService\t(“IRS”)\tfor\tthe\tyears\t2015\tto\t2018.\tAdditional\ttax\tyears\twithin\tthe\tperiods\t2004\tto\t2014\tand\t2019\tto\t2022\tremain\tsubject\tto\texamination\tfor\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\npurposes.\tOur\treturns\tfor\t2004\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\nunrecognized\ttax\tbenefits\twithin\ttwelve\tmonths\tcannot\tbe\tmade\tat\tthis\ttime.\nNote\t15\t–\tCommitments\tand\tContingencies\nOperating\tLease\tArrangement\tin\tBuffalo,\tNew\tYork\nWe\thave\tan\toperating\tlease\tarrangement\tthrough\tthe\tResearch\tFoundation\tfor\tthe\tSUNY\tFoundation\twith\trespect\tto\tGigafactory\tNew\tYork.\tUnder\nthe\tlease\tand\ta\trelated\tresearch\tand\tdevelopment\tagreement,\twe\tare\tcontinuing\tto\tfurther\tdevelop\tthe\tfacility.\n86", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 88, "lines": { "from": 26, "to": 43 } } } }, { "pageContent": "Under\tthis\tagreement,\twe\tare\tobligated\tto,\tamong\tother\tthings,\tmeet\temployment\ttargets\tas\twell\tas\tspecified\tminimum\tnumbers\tof\tpersonnel\tin\nthe\tState\tof\tNew\tYork\tand\tin\tBuffalo,\tNew\tYork\tand\tspend\tor\tincur\t$5.00\tbillion\tin\tcombined\tcapital,\toperational\texpenses,\tcosts\tof\tgoods\tsold\tand\tother\ncosts\tin\tthe\tState\tof\tNew\tYork\tduring\tthe\t10-year\tperiod\tbeginning\tApril\t30,\t2018.\tOn\tan\tannual\tbasis\tduring\tthe\tinitial\tlease\tterm,\tas\tmeasured\ton\teach\nanniversary\tof\tsuch\tdate,\tif\twe\tfail\tto\tmeet\tthese\tspecified\tinvestment\tand\tjob\tcreation\trequirements,\tthen\twe\twould\tbe\tobligated\tto\tpay\ta\t$41\tmillion\n“program\tpayment”\tto\tthe\tSUNY\tFoundation\tfor\teach\tyear\tthat\twe\tfail\tto\tmeet\tthese\trequirements.\tFurthermore,\tif\tthe\tarrangement\tis\tterminated\tdue\tto\na\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$5.00\tbillion\tin\tcombined\tcapital,\toperational\texpenses,\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\tthat\nwe\thad\tmet\tand\texceeded\tour\tannual\trequirements\tfor\tjobs\tand\tinvestment\tin\tBuffalo\tand\tNew\tYork\tState.\tAs\tof\tDecember\t31,\t2023,\twe\thave\tmet\tand\nexpect\tto\tmeet\tthe\trequirements\tunder\tthis\tarrangement\tbased\ton\tour\tcurrent\tand\tanticipated\tlevel\tof\toperations.\tHowever,\tif\tour\texpectations\tas\tto\tthe\ncosts\tand\ttimelines\tof\tour\tinvestment\tand\toperations\tat\tBuffalo\tprove\tincorrect,\twe\tmay\tincur\tadditional\texpenses\tor\tbe\trequired\tto\tmake\tsubstantial\npayments\tto\tthe\tSUNY\tFoundation.\nOperating\tLease\tArrangement\tin\tShanghai,\tChina\nWe\thave\tan\toperating\tlease\tarrangement\tfor\tan\tinitial\tterm\tof\t50\tyears\twith\tthe\tlocal\tgovernment\tof\tShanghai\tfor\tland\tuse\trights\twhere\twe\thave\nbeen\tconstructing\tGigafactory\tShanghai.\tUnder\tthe\tterms\tof\tthe\tarrangement,\twe\tare\trequired\tto\tspend\tRMB\t14.08\tbillion\tin\tcapital\texpenditures\tby\tthe", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 89, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "end\tof\t2023,\twhich\thas\tbeen\tachieved\tin\t2023,\tand\tto\tgenerate\tRMB\t2.23\tbillion\tof\tannual\ttax\trevenues\tstarting\tat\tthe\tend\tof\t2023.\tAs\tof\tDecember\t31,\n2023,\twe\thave\tmet\tand\texpect\tto\tmeet\tthe\ttax\trevenue\trequirements\tbased\ton\tour\tcurrent\tlevel\tof\tspend\tand\tsales.\nLegal\tProceedings\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\tand\nthe\tmembers\tof\tTesla’s\tboard\tof\tdirectors\tas\tthen\tconstituted,\talleging\tcorporate\twaste,\tunjust\tenrichment\tand\tthat\tsuch\tboard\tmembers\tbreached\ttheir\nfiduciary\tduties\tby\tapproving\tthe\tstock-based\tcompensation\tplan\tawarded\tto\tElon\tMusk\tin\t2018.\tTrial\twas\theld\tNovember\t14-18,\t2022.\tPost-trial\tbriefing\nand\targument\tare\tnow\tcomplete.\nLitigation\tRelated\tto\tDirectors’\tCompensation\nOn\tJune\t17,\t2020,\ta\tpurported\tTesla\tstockholder\tfiled\ta\tderivative\taction\tin\tthe\tDelaware\tCourt\tof\tChancery,\tpurportedly\ton\tbehalf\tof\tTesla,\tagainst\ncertain\tof\tTesla’s\tcurrent\tand\tformer\tdirectors\tregarding\tcompensation\tawards\tgranted\tto\tTesla’s\tdirectors,\tother\tthan\tElon\tMusk,\tbetween\t2017\tand\n2020.\tThe\tsuit\tasserts\tclaims\tfor\tbreach\tof\tfiduciary\tduty\tand\tunjust\tenrichment\tand\tseeks\tdeclaratory\tand\tinjunctive\trelief,\tunspecified\tdamages\tand\nother\trelief.\tDefendants\tfiled\ttheir\tanswer\ton\tSeptember\t17,\t2020.\nOn\tJuly\t14,\t2023,\tthe\tparties\tfiled\ta\tStipulation\tand\tAgreement\tof\tCompromise\tand\tSettlement,\twhich\tdoes\tnot\tinvolve\tan\tadmission\tof\tany\nwrongdoing\tby\tany\tparty.\tIf\tthe\tsettlement\tis\tapproved\tby\tthe\tCourt,\tthis\taction\twill\tbe\tfully\tsettled\tand\tdismissed\twith\tprejudice.\tPursuant\tto\tthe\tterms\tof\nthe\tagreement,\tTesla\tprovided\tnotice\tof\tthe\tproposed\tsettlement\tto\tstockholders\tof\trecord\tas\tof\tJuly\t14,\t2023.\tThe\tCourt\theld\ta\thearing\tregarding\tthe\nsettlement\ton\tOctober\t13,\t2023,\tafter\twhich\tit\ttook\tthe\tsettlement\tand\tplaintiff\tcounsels’\tfee\trequest\tunder\tadvisement.\tThe\tsettlement\tis\tnot\texpected", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 89, "lines": { "from": 16, "to": 32 } } } }, { "pageContent": "to\thave\tan\tadverse\timpact\ton\tour\tresults\tof\toperations,\tcash\tflows\tor\tfinancial\tposition.\nLitigation\tRelating\tto\tPotential\tGoing\tPrivate\tTransaction\nBetween\tAugust\t10,\t2018\tand\tSeptember\t6,\t2018,\tnine\tpurported\tstockholder\tclass\tactions\twere\tfiled\tagainst\tTesla\tand\tElon\tMusk\tin\tconnection\nwith\tMr.\tMusk’s\tAugust\t7,\t2018\tTwitter\tpost\tthat\the\twas\tconsidering\ttaking\tTesla\tprivate.\tOn\tJanuary\t16,\t2019,\tPlaintiffs\tfiled\ttheir\tconsolidated\tcomplaint\nin\tthe\tUnited\tStates\tDistrict\tCourt\tfor\tthe\tNorthern\tDistrict\tof\tCalifornia\tand\tadded\tas\tdefendants\tthe\tmembers\tof\tTesla’s\tboard\tof\tdirectors.\tThe\nconsolidated\tcomplaint\tasserts\tclaims\tfor\tviolations\tof\tthe\tfederal\tsecurities\tlaws\tand\tseeks\tunspecified\tdamages\tand\tother\trelief.\tThe\tparties\tstipulated\nto\tcertification\tof\ta\tclass\tof\tstockholders,\twhich\tthe\tcourt\tgranted\ton\tNovember\t25,\t2020.\tTrial\tstarted\ton\tJanuary\t17,\t2023,\tand\ton\tFebruary\t3,\t2023,\ta\njury\trendered\ta\tverdict\tin\tfavor\tof\tthe\tdefendants\ton\tall\tcounts.\tAfter\ttrial,\tplaintiffs\tfiled\ta\tmotion\tfor\tjudgment\tas\ta\tmatter\tof\tlaw\tand\ta\tmotion\tfor\tnew\ntrial,\twhich\tthe\tCourt\tdenied\tand\tjudgement\twas\tentered\tin\tfavor\tof\tdefendants\ton\tJuly\t11,\t2023.\tOn\tJuly\t14,\t2023,\tplaintiffs\tfiled\ta\tnotice\tof\tappeal.\n87", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 89, "lines": { "from": 33, "to": 42 } } } }, { "pageContent": "Between\tOctober\t17,\t2018\tand\tMarch\t8,\t2021,\tseven\tderivative\tlawsuits\twere\tfiled\tin\tthe\tDelaware\tCourt\tof\tChancery,\tpurportedly\ton\tbehalf\tof\nTesla,\tagainst\tMr.\tMusk\tand\tthe\tmembers\tof\tTesla’s\tboard\tof\tdirectors,\tas\tconstituted\tat\trelevant\ttimes,\tin\trelation\tto\tstatements\tmade\tand\tactions\nconnected\tto\ta\tpotential\tgoing\tprivate\ttransaction,\twith\tcertain\tof\tthe\tlawsuits\tchallenging\tadditional\tTwitter\tposts\tby\tMr.\tMusk,\tamong\tother\tthings.\tFive\nof\tthose\tactions\twere\tconsolidated,\tand\tall\tseven\tactions\thave\tbeen\tstayed\tpending\tresolution\tof\tthe\tappeal\tin\tthe\tabove-referenced\tconsolidated\npurported\tstockholder\tclass\taction.\tIn\taddition\tto\tthese\tcases,\ttwo\tderivative\tlawsuits\twere\tfiled\ton\tOctober\t25,\t2018\tand\tFebruary\t11,\t2019\tin\tthe\tU.S.\nDistrict\tCourt\tfor\tthe\tDistrict\tof\tDelaware,\tpurportedly\ton\tbehalf\tof\tTesla,\tagainst\tMr.\tMusk\tand\tthe\tmembers\tof\tthe\tTesla\tboard\tof\tdirectors\tas\tthen\nconstituted.\tThose\tcases\thave\talso\tbeen\tconsolidated\tand\tstayed\tpending\tresolution\tof\tthe\tappeal\tin\tthe\tabove-referenced\tconsolidated\tpurported\nstockholder\tclass\taction.\nOn\tOctober\t21,\t2022,\ta\tlawsuit\twas\tfiled\tin\tthe\tDelaware\tCourt\tof\tChancery\tby\ta\tpurported\tshareholder\tof\tTesla\talleging,\tamong\tother\tthings,\tthat\nboard\tmembers\tbreached\ttheir\tfiduciary\tduties\tin\tconnection\twith\ttheir\toversight\tof\tthe\tCompany’s\t2018\tsettlement\twith\tthe\tSEC,\tas\tamended.\tAmong\nother\tthings,\tthe\tplaintiff\tseeks\treforms\tto\tthe\tCompany’s\tcorporate\tgovernance\tand\tinternal\tprocedures,\tunspecified\tdamages,\tand\tattorneys’\tfees.\tThe\nparties\treached\tan\tagreement\tto\tstay\tthe\tcase\tuntil\tMarch\t5,\t2024.\nOn\tNovember\t15,\t2021,\tJPMorgan\tChase\tBank\t(“JP\tMorgan”)\tfiled\ta\tlawsuit\tagainst\tTesla\tin\tthe\tSouthern\tDistrict\tof\tNew\tYork\talleging\tbreach\tof\ta\nstock\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\tthe", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 90, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "strike\tprice\tbased\tupon\tMr.\tMusk’s\tAugust\t7,\t2018\tTwitter\tpost\tthat\the\twas\tconsidering\ttaking\tTesla\tprivate.\tTesla\tdisputed\tJP\tMorgan’s\tadjustment\tas\ta\nviolation\tof\tthe\tparties’\tagreement.\tIn\t2021,\tTesla\tdelivered\tshares\tto\tJP\tMorgan\tper\tthe\tagreement,\twhich\tthey\tduly\taccepted.\tJP\tMorgan\tnow\talleges\nthat\tit\tis\towed\tapproximately\t$162\tmillion\tas\tthe\tvalue\tof\tadditional\tshares\tthat\tit\tclaims\tshould\thave\tbeen\tdelivered\tas\ta\tresult\tof\tthe\tadjustment\tto\tthe\nstrike\tprice\tin\t2018.\tOn\tJanuary\t24,\t2022,\tTesla\tfiled\tmultiple\tcounterclaims\tas\tpart\tof\tits\tanswer\tto\tthe\tunderlying\tlawsuit,\tasserting\tamong\tother\tpoints\nthat\tJP\tMorgan\tshould\thave\tterminated\tthe\tstock\twarrant\tagreement\tin\t2018\trather\tthan\tmake\tan\tadjustment\tto\tthe\tstrike\tprice\tthat\tit\tshould\thave\nknown\twould\tlead\tto\ta\tcommercially\tunreasonable\tresult.\tTesla\tbelieves\tthat\tthe\tadjustments\tmade\tby\tJP\tMorgan\twere\tneither\tproper\tnor\tcommercially\nreasonable,\tas\trequired\tunder\tthe\tstock\twarrant\tagreements.\tJP\tMorgan\tfiled\ta\tmotion\tfor\tjudgment\ton\tthe\tpleadings,\twhich\tTesla\topposed,\tand\tthat\nmotion\tis\tcurrently\tpending\tbefore\tthe\tCourt.\nLitigation\tand\tInvestigations\tRelating\tto\tAlleged\tDiscrimination\tand\tHarassment\nOn\tOctober\t4,\t2021,\tin\ta\tcase\tcaptioned\tDiaz\tv.\tTesla,\ta\tjury\tin\tthe\tNorthern\tDistrict\tof\tCalifornia\treturned\ta\tverdict\tagainst\tTesla\ton\tclaims\tby\ta\nformer\tcontingent\tworker\tthat\the\twas\tsubjected\tto\trace\tdiscrimination\twhile\tassigned\tto\twork\tat\tTesla’s\tFremont\tFactory\tfrom\t2015-2016.\tA\tretrial\twas\nheld\tstarting\ton\tMarch\t27,\t2023,\tafter\twhich\ta\tjury\treturned\ta\tverdict\tof\t$3,175,000.\tAs\ta\tresult,\tthe\tdamages\tawarded\tagainst\tTesla\twere\treduced\tfrom\nan\tinitial\t$136.9\tmillion\t(October\t4,\t2021)\tdown\tto\t$15\tmillion\t(April\t13,\t2022),\tand\tthen\tfurther\tdown\tto\t$3.175\tmillion\t(April\t3,\t2023).\tOn\tNovember\t2,\n2023,\tthe\tplaintiff\tfiled\ta\tnotice\tof\tappeal,\tand\ton\tNovember\t16,\t2023,\tTesla\tfiled\ta\tnotice\tof\tcross\tappeal.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 90, "lines": { "from": 15, "to": 28 } } } }, { "pageContent": "On\tFebruary\t9,\t2022,\tshortly\tafter\tthe\tfirst\tDiaz\tjury\tverdict,\tthe\tCalifornia\tCivil\tRights\tDepartment\t(“CRD,”\tformerly\t“DFEH”)\tfiled\ta\tcivil\tcomplaint\nagainst\tTesla\tin\tAlameda\tCounty,\tCalifornia\tSuperior\tCourt,\talleging\tsystemic\trace\tdiscrimination,\thostile\twork\tenvironment\tand\tpay\tequity\tclaims,\tamong\nothers.\tCRD’s\tamended\tcomplaint\tseeks\tmonetary\tdamages\tand\tinjunctive\trelief.\tOn\tSeptember\t22,\t2022,\tTesla\tfiled\ta\tcross\tcomplaint\tagainst\tCRD,\nalleging\tthat\tit\tviolated\tthe\tAdministrative\tProcedures\tAct\tby\tfailing\tto\tfollow\tstatutory\tpre-requisites\tprior\tto\tfiling\tsuit\tand\tthat\tcross\tcomplaint\twas\nsubject\tto\ta\tsustained\tdemurrer,\twhich\tTesla\tlater\tamended\tand\trefiled.\tThe\tcase\tis\tcurrently\tin\tdiscovery.\nAdditionally,\ton\tJune\t1,\t2022\tthe\tEqual\tEmployment\tOpportunity\tCommission\t(“EEOC”)\tissued\ta\tcause\tfinding\tagainst\tTesla\tthat\tclosely\tparallels\tthe\nCRD’s\tallegations.\tOn\tSeptember\t28,\t2023,\tthe\tEEOC\tfiled\ta\tcivil\tcomplaint\tagainst\tTesla\tin\tthe\tUnited\tStates\tDistrict\tCourt\tfor\tthe\tNorthern\tDistrict\tof\nCalifornia\tasserting\tclaims\tfor\trace\tharassment\tand\tretaliation\tand\tseeking,\tamong\tother\tthings,\tmonetary\tand\tinjunctive\trelief.\tOn\tDecember\t18,\t2023,\nTesla\tfiled\ta\tmotion\tto\tstay\tthe\tcase.\tSeparately,\ton\tDecember\t26,\t2023,\tTesla\tfiled\ta\tmotion\tto\tdismiss\tthe\tcase.\nOn\tJune\t16,\t2022,\ttwo\tTesla\tstockholders\tfiled\tseparate\tderivative\tactions\tin\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\tWestern\tDistrict\tof\tTexas,\tpurportedly\ton\nbehalf\tof\tTesla,\tagainst\tcertain\tof\tTesla’s\tcurrent\tand\tformer\tdirectors.\tBoth\tsuits\tassert\tclaims\tfor\tbreach\tof\tfiduciary\tduty,\tunjust\tenrichment,\tand\nviolation\tof\tthe\tfederal\tsecurities\tlaws\tin\tconnection\twith\talleged\trace\tand\tgender\tdiscrimination\tand\tsexual\tharassment.\tAmong\tother\tthings,\tplaintiffs\nseek\tdeclaratory\tand\tinjunctive\trelief,\tunspecified\tdamages\tpayable\tto\tTesla,\tand\tattorneys’\tfees.\tOn\tJuly\t22,\t2022,\tthe\tCourt\tconsolidated\tthe\ttwo\tcases", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 90, "lines": { "from": 29, "to": 41 } } } }, { "pageContent": "and\ton\tSeptember\t6,\t2022,\tplaintiffs\tfiled\ta\tconsolidated\tcomplaint.\tOn\tNovember\t7,\t2022,\tthe\tdefendants\tfiled\ta\tmotion\tto\tdismiss\tthe\tcase\tand\ton\nSeptember\t15,\t2023,\tthe\tCourt\tdismissed\tthe\taction\tbut\tgranted\tplaintiffs\tleave\tto\tfile\tan\tamended\tcomplaint.\tOn\tNovember\t2,\t2023,\tplaintiff\tfiled\tan\namended\tcomplaint\tpurportedly\ton\tbehalf\tof\tTesla,\tagainst\tElon\tMusk.\tOn\tDecember\t19,\t2023,\tthe\tdefendants\tmoved\tto\tdismiss\tthe\tamended\tcomplaint.\n88", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 90, "lines": { "from": 42, "to": 45 } } } }, { "pageContent": "Other\tLitigation\tRelated\tto\tOur\tProducts\tand\tServices\nWe\tare\talso\tsubject\tto\tvarious\tlawsuits\tthat\tseek\tmonetary\tand\tother\tinjunctive\trelief.\tThese\tlawsuits\tinclude\tproposed\tclass\tactions\tand\tother\nconsumer\tclaims\tthat\tallege,\tamong\tother\tthings,\tpurported\tdefects\tand\tmisrepresentations\trelated\tto\tour\tproducts\tand\tservices.\tFor\texample,\ton\nSeptember\t14,\t2022,\ta\tproposed\tclass\taction\twas\tfiled\tagainst\tTesla,\tInc.\tand\trelated\tentities\tin\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\tNorthern\tDistrict\tof\nCalifornia,\talleging\tvarious\tclaims\tabout\tthe\tCompany’s\tdriver\tassistance\ttechnology\tsystems\tunder\tstate\tand\tfederal\tlaw.\tThis\tcase\twas\tlater\nconsolidated\twith\tseveral\tother\tproposed\tclass\tactions,\tand\ta\tConsolidated\tAmended\tComplaint\twas\tfiled\ton\tOctober\t28,\t2022,\twhich\tseeks\tdamages\tand\nother\trelief\ton\tbehalf\tof\tall\tpersons\twho\tpurchased\tor\tleased\tfrom\tTesla\tbetween\tJanuary\t1,\t2016\tto\tthe\tpresent.\tOn\tOctober\t5,\t2022\ta\tproposed\tclass\naction\tcomplaint\twas\tfiled\tin\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\tEastern\tDistrict\tof\tNew\tYork\tasserting\tsimilar\tstate\tand\tfederal\tlaw\tclaims\tagainst\tthe\tsame\ndefendants.\tOn\tSeptember\t30,\t2023,\tthe\tCourt\tdismissed\tthis\taction\twith\tleave\tto\tamend\tthe\tcomplaint.\tOn\tNovember\t20,\t2023,\tthe\tplaintiff\tmoved\tto\namend\tthe\tcomplaint,\twhich\tTesla\topposed.\tOn\tMarch\t22,\t2023,\tthe\tplaintiffs\tin\tthe\tNorthern\tDistrict\tof\tCalifornia\tconsolidated\taction\tfiled\ta\tmotion\tfor\ta\npreliminary\tinjunction\tto\torder\tTesla\tto\t(1)\tcease\tusing\tthe\tterm\t“Full\tSelf-Driving\tCapability”\t(FSD\tCapability),\t(2)\tcease\tthe\tsale\tand\tactivation\tof\tFSD\nCapability\tand\tdeactivate\tFSD\tCapability\ton\tTesla\tvehicles,\tand\t(3)\tprovide\tcertain\tnotices\tto\tconsumers\tabout\tproposed\tcourt-findings\tabout\tthe\naccuracy\tof\tthe\tuse\tof\tthe\tterms\tAutopilot\tand\tFSD\tCapability.\tTesla\topposed\tthe\tmotion.\tOn\tSeptember\t30,\t2023,\tthe\tCourt\tdenied\tthe\trequest\tfor\ta\npreliminary\tinjunction,\tcompelled\tfour\tof\tfive\tplaintiffs\tto\tarbitration,\tand\tdismissed\tthe\tclaims\tof\tthe\tfifth\tplaintiff\twith\tleave\tto\tamend\tthe\tcomplaint.\tOn", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 91, "lines": { "from": 1, "to": 14 } } } }, { "pageContent": "October\t31,\t2023,\tthe\tremaining\tplaintiff\tin\tthe\tNorthern\tDistrict\tof\tCalifornia\taction\tfiled\tan\tamended\tcomplaint,\twhich\tTesla\thas\tmoved\tto\tdismiss.\tOn\nOctober\t2,\t2023,\ta\tsimilar\tproposed\tclass\taction\twas\tfiled\tin\tSan\tDiego\tCounty\tSuperior\tCourt\tin\tCalifornia.\tTesla\tsubsequently\tremoved\tthe\tSan\tDiego\nCounty\tcase\tto\tfederal\tcourt\tand\ton\tJanuary\t8,\t2024,\tthe\tfederal\tcourt\tgranted\tTesla’s\tmotion\tto\ttransfer\tthe\tcase\tto\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\nNorthern\tDistrict\tof\tCalifornia.\nOn\tFebruary\t27,\t2023,\ta\tproposed\tclass\taction\twas\tfiled\tin\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\tNorthern\tDistrict\tof\tCalifornia\tagainst\tTesla,\tInc.,\tElon\tMusk\nand\tcertain\tcurrent\tand\tformer\tCompany\texecutives.\tThe\tcomplaint\talleges\tthat\tthe\tdefendants\tmade\tmaterial\tmisrepresentations\tand\tomissions\tabout\nthe\tCompany’s\tAutopilot\tand\tFSD\tCapability\ttechnologies\tand\tseeks\tmoney\tdamages\tand\tother\trelief\ton\tbehalf\tof\tpersons\twho\tpurchased\tTesla\tstock\nbetween\tFebruary\t19,\t2019\tand\tFebruary\t17,\t2023.\tAn\tamended\tcomplaint\twas\tfiled\ton\tSeptember\t5,\t2023,\tnaming\tonly\tTesla,\tInc.\tand\tElon\tMusk\tas\ndefendants.\tOn\tNovember\t6,\t2023,\tTesla\tmoved\tto\tdismiss\tthe\tamended\tcomplaint.\nOn\tMarch\t14,\t2023,\ta\tproposed\tclass\taction\twas\tfiled\tagainst\tTesla,\tInc.\tin\tthe\tU.S.\tDistrict\tCourt\tfor\tthe\tNorthern\tDistrict\tof\tCalifornia.\tSeveral\nsimilar\tcomplaints\thave\talso\tbeen\tfiled\tin\tthe\tsame\tcourt\tand\tthese\tcases\thave\tnow\tall\tbeen\tconsolidated.\tThese\tcomplaints\tallege\tthat\tTesla\tviolates\nfederal\tantitrust\tand\twarranty\tlaws\tthrough\tits\trepair,\tservice,\tand\tmaintenance\tpractices\tand\tseeks,\tamong\tother\trelief,\tdamages\tfor\tpersons\twho\tpaid\nTesla\tfor\trepairs\tservices\tor\tTesla\tcompatible\treplacement\tparts\tfrom\tMarch\t2019\tto\tMarch\t2023.\tOn\tJuly\t17,\t2023,\tthese\tplaintiffs\tfiled\ta\tconsolidated\namended\tcomplaint.\tOn\tSeptember\t27,\t2023,\tthe\tcourt\tgranted\tTesla’s\tmotion\tto\tcompel\tarbitration\tas\tto\tthree\tof\tthe\tplaintiffs,\tand\ton\tNovember\t17,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 91, "lines": { "from": 15, "to": 28 } } } }, { "pageContent": "2023,\tthe\tcourt\tgranted\tTesla’s\tmotion\tto\tdismiss\twithout\tprejudice.\tThe\tplaintiffs\tfiled\ta\tConsolidated\tSecond\tAmended\tComplaint\ton\tDecember\t12,\n2023,\twhich\tTesla\thas\tmoved\tto\tdismiss.\tPlaintiffs\thave\talso\tappealed\tthe\tcourt’s\tarbitration\torder.\tTrial\tis\tcurrently\tset\tfor\tJuly\t7,\t2025.\nThe\tCompany\tintends\tto\tvigorously\tdefend\titself\tin\tthese\tmatters;\thowever,\twe\tcannot\tpredict\tthe\toutcome\tor\timpact.\tWe\tare\tunable\tto\treasonably\nestimate\tthe\tpossible\tloss\tor\trange\tof\tloss,\tif\tany,\tassociated\twith\tthese\tclaims,\tunless\tnoted.\nCertain\tInvestigations\tand\tOther\tMatters\nWe\tregularly\treceive\trequests\tfor\tinformation,\tincluding\tsubpoenas,\tfrom\tregulators\tand\tgovernmental\tauthorities\tsuch\tas\tthe\tNational\tHighway\nTraffic\tSafety\tAdministration,\tthe\tNational\tTransportation\tSafety\tBoard,\tthe\tSecurities\tand\tExchange\tCommission\t(“SEC”),\tthe\tDepartment\tof\tJustice\n(“DOJ”),\tand\tvarious\tlocal,\tstate,\tfederal,\tand\tinternational\tagencies.\tThe\tongoing\trequests\tfor\tinformation\tinclude\ttopics\tsuch\tas\toperations,\ttechnology\n(e.g.,\tvehicle\tfunctionality,\tAutopilot\tand\tFSD\tCapability),\tcompliance,\tfinance,\tdata\tprivacy,\tand\tother\tmatters\trelated\tto\tTesla’s\tbusiness,\tits\tpersonnel,\nand\trelated\tparties.\tWe\troutinely\tcooperate\twith\tsuch\tformal\tand\tinformal\trequests\tfor\tinformation,\tinvestigations,\tand\tother\tinquiries.\tTo\tour\tknowledge\nno\tgovernment\tagency\tin\tany\tongoing\tinvestigation\thas\tconcluded\tthat\tany\twrongdoing\toccurred.\tWe\tcannot\tpredict\tthe\toutcome\tor\timpact\tof\tany\nongoing\tmatters.\tShould\tthe\tgovernment\tdecide\tto\tpursue\tan\tenforcement\taction,\tthere\texists\tthe\tpossibility\tof\ta\tmaterial\tadverse\timpact\ton\tour\nbusiness,\tresults\tof\toperation,\tprospects,\tcash\tflows,\tfinancial\tposition\tor\tbrand.\n89", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 91, "lines": { "from": 29, "to": 42 } } } }, { "pageContent": "We\tare\talso\tsubject\tto\tvarious\tother\tlegal\tproceedings,\trisks\tand\tclaims\tthat\tarise\tfrom\tthe\tnormal\tcourse\tof\tbusiness\tactivities.\tFor\texample,\tduring\nthe\tsecond\tquarter\tof\t2023,\ta\tforeign\tnews\toutlet\treported\tthat\tit\tobtained\tcertain\tmisappropriated\tdata\tincluding,\tpurportedly\tnon-public\tTesla\tbusiness\nand\tpersonal\tinformation.\tTesla\thas\tmade\tnotifications\tto\tpotentially\taffected\tindividuals\t(current\tand\tformer\temployees)\tand\tregulatory\tauthorities\tand\nwe\tare\tworking\twith\tcertain\tlaw\tenforcement\tand\tother\tauthorities.\tOn\tAugust\t5,\t2023,\ta\tputative\tclass\taction\twas\tfiled\tin\tthe\tUnited\tStates\tDistrict\tCourt\nfor\tthe\tNorthern\tDistrict\tof\tCalifornia,\tpurportedly\ton\tbehalf\tof\tall\tU.S.\tindividuals\timpacted\tby\tthe\tdata\tincident,\tfollowed\tby\tseveral\tadditional\tlawsuits,\nthat\teach\tassert\tclaims\tunder\tvarious\tstate\tlaws\tand\tseeks\tmonetary\tdamages\tand\tother\trelief.\tIf\tan\tunfavorable\truling\tor\tdevelopment\twere\tto\toccur\tin\nthese\tor\tother\tpossible\tlegal\tproceedings,\trisks\tand\tclaims,\tthere\texists\tthe\tpossibility\tof\ta\tmaterial\tadverse\timpact\ton\tour\tbusiness,\tresults\tof\toperations,\nprospects,\tcash\tflows,\tfinancial\tposition\tor\tbrand.\nLetters\tof\tCredit\nAs\tof\tDecember\t31,\t2023,\twe\thad\t$525\tmillion\tof\tunused\tletters\tof\tcredit\toutstanding.\nNote\t16\t–\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\nparticular,\tour\twholly\towned\tsubsidiaries\tand\tfund\tinvestors\thave\tformed\tand\tcontributed\tcash\tand\tassets\tinto\tvarious\tfinancing\tfunds\tand\tentered\tinto\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\tbenefits\ncriterion\tunder\tASC\t810.\tWe\thave\tconsidered\tthe\tprovisions\twithin\tthe\tagreements,\twhich\tgrant\tus\tthe\tpower\tto\tmanage\tand\tmake\tdecisions\tthat\taffect", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 92, "lines": { "from": 1, "to": 15 } } } }, { "pageContent": "the\toperation\tof\tthese\tVIEs,\tincluding\tdetermining\tthe\tsolar\tenergy\tsystems\tand\tthe\tassociated\tcustomer\tcontracts\tto\tbe\tsold\tor\tcontributed\tto\tthese\nVIEs,\tredeploying\tsolar\tenergy\tsystems\tand\tmanaging\tcustomer\treceivables.\tWe\tconsider\tthat\tthe\trights\tgranted\tto\tthe\tfund\tinvestors\tunder\tthe\nagreements\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\nthese\tVIEs,\tand\tall\tintercompany\tbalances\tand\ttransactions\tbetween\tus\tand\tthese\tVIEs\tare\teliminated\tin\tthe\tconsolidated\tfinancial\tstatements.\tCash\ndistributions\tof\tincome\tand\tother\treceipts\tby\ta\tfund,\tnet\tof\tagreed\tupon\texpenses,\testimated\texpenses,\ttax\tbenefits\tand\tdetriments\tof\tincome\tand\tloss\nand\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’s\tinterest\tin\tthe\tfund\tfor\tan\tamount\tbased\ton\tthe\tmarket\tvalue\tof\tthe\tfund\tor\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\noperations\tand\tmaintenance\tsupport,\taccounting,\tlease\tservicing\tand\tperformance\treporting.\tIn\tsome\tinstances,\twe\thave\tguaranteed\tpayments\tto\tthe\nfund\tinvestors\tas\tspecified\tin\tthe\tagreements.\tA\tfund’s\tcreditors\thave\tno\trecourse\tto\tour\tgeneral\tcredit\tor\tto\tthat\tof\tother\tfunds.\tCertain\tassets\tof\tthe\nfunds\thave\tbeen\tpledged\tas\tcollateral\tfor\ttheir\tobligations.\n90", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 92, "lines": { "from": 16, "to": 30 } } } }, { "pageContent": "The\taggregate\tcarrying\tvalues\tof\tthe\tVIEs’\tassets\tand\tliabilities,\tafter\telimination\tof\tany\tintercompany\ttransactions\tand\tbalances,\tin\tthe\nconsolidated\tbalance\tsheets\twere\tas\tfollows\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nAssets\t\t\nCurrent\tassets\t\t\nCash\tand\tcash\tequivalents$66\t$68\t\nAccounts\treceivable,\tnet13\t22\t\nPrepaid\texpenses\tand\tother\tcurrent\tassets361\t274\t\nTotal\tcurrent\tassets440\t364\t\nSolar\tenergy\tsystems,\tnet3,278\t4,060\t\nOther\tnon-current\tassets369\t404\t\nTotal\tassets\n$4,087\t$4,828\t\nLiabilities\t\t\nCurrent\tliabilities\t\t\nAccrued\tliabilities\tand\tother$67\t$69\t\nDeferred\trevenue6\t10\t\nCurrent\tportion\tof\tdebt\tand\tfinance\tleases1,564\t1,013\t\nTotal\tcurrent\tliabilities1,637\t1,092\t\nDeferred\trevenue,\tnet\tof\tcurrent\tportion99\t149\t\nDebt\tand\tfinance\tleases,\tnet\tof\tcurrent\tportion2,041\t971\t\nOther\tlong-term\tliabilities—\t3\t\nTotal\tliabilities\n$3,777\t$2,215\t\nNote\t17\t–\tRelated\tParty\tTransactions\nIn\trelation\tto\tour\tCEO’s\texercise\tof\tstock\toptions\tand\tsale\tof\tcommon\tstock\tfrom\tthe\t2012\tCEO\tPerformance\tAward,\tTesla\twithheld\tthe\tappropriate\namount\tof\ttaxes.\tHowever,\tgiven\tthe\tsignificant\tamounts\tinvolved,\tour\tCEO\tentered\tinto\tan\tindemnification\tagreement\twith\tus\tin\tNovember\t2021\tfor\nadditional\ttaxes\towed,\tif\tany.\nTesla\tperiodically\tdoes\tbusiness\twith\tcertain\tentities\twith\twhich\tits\tCEO\tand\tdirectors\tare\taffiliated,\tsuch\tas\tSpaceX\tand\tX\tCorp.,\tin\taccordance\twith\nour\tRelated\tPerson\tTransactions\tPolicy.\tSuch\ttransactions\thave\tnot\thad\tto\tdate,\tand\tare\tnot\tcurrently\texpected\tto\thave,\ta\tmaterial\timpact\ton\tour\nconsolidated\tfinancial\tstatements.\n91", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 93, "lines": { "from": 1, "to": 35 } } } }, { "pageContent": "Note\t18\t–\tSegment\tReporting\tand\tInformation\tabout\tGeographic\tAreas\nWe\thave\ttwo\toperating\tand\treportable\tsegments:\t(i)\tautomotive\tand\t(ii)\tenergy\tgeneration\tand\tstorage.\tThe\tautomotive\tsegment\tincludes\tthe\ndesign,\tdevelopment,\tmanufacturing,\tsales\tand\tleasing\tof\telectric\tvehicles\tas\twell\tas\tsales\tof\tautomotive\tregulatory\tcredits.\tAdditionally,\tthe\tautomotive\nsegment\tis\talso\tcomprised\tof\tservices\tand\tother,\twhich\tincludes\tsales\tof\tused\tvehicles,\tnon-warranty\tafter-sales\tvehicle\tservices,\tbody\tshop\tand\tparts,\npaid\tSupercharging,\tvehicle\tinsurance\trevenue\tand\tretail\tmerchandise.\tThe\tenergy\tgeneration\tand\tstorage\tsegment\tincludes\tthe\tdesign,\tmanufacture,\ninstallation,\tsales\tand\tleasing\tof\tsolar\tenergy\tgeneration\tand\tenergy\tstorage\tproducts\tand\trelated\tservices\tand\tsales\tof\tsolar\tenergy\tsystems\tincentives.\nOur\tCODM\tdoes\tnot\tevaluate\toperating\tsegments\tusing\tasset\tor\tliability\tinformation.\tThe\tfollowing\ttable\tpresents\trevenues\tand\tgross\tprofit\tby\treportable\nsegment\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nAutomotive\tsegment\t\t\nRevenues$90,738\t$77,553\t$51,034\t\nGross\tprofit$16,519\t$20,565\t$13,735\t\nEnergy\tgeneration\tand\tstorage\tsegment\t\t\nRevenues$6,035\t$3,909\t$2,789\t\nGross\tprofit$1,141\t$288\t$(129)\nThe\tfollowing\ttable\tpresents\trevenues\tby\tgeographic\tarea\tbased\ton\tthe\tsales\tlocation\tof\tour\tproducts\t(in\tmillions):\nYear\tEnded\tDecember\t31,\n202320222021\nUnited\tStates$45,235\t$40,553\t$23,973\t\nChina21,745\t18,145\t13,844\t\nOther\tinternational29,793\t22,764\t16,006\t\nTotal\n$96,773\t$81,462\t$53,823\t\nThe\tfollowing\ttable\tpresents\tlong-lived\tassets\tby\tgeographic\tarea\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nUnited\tStates$26,629\t$21,667\t\nGermany4,258\t3,547\t\nChina2,820\t2,978\t\nOther\tinternational1,247\t845\t\nTotal\n$34,954\t$29,037\t\nThe\tfollowing\ttable\tpresents\tinventory\tby\treportable\tsegment\t(in\tmillions):\nDecember\t31,\n2023\nDecember\t31,\n2022\nAutomotive$11,139\t$10,996\t\nEnergy\tgeneration\tand\tstorage2,487\t1,843\t\nTotal\n$13,626\t$12,839\t\nNote\t19\t–\tRestructuring\tand\tOther", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 94, "lines": { "from": 1, "to": 45 } } } }, { "pageContent": "Note\t19\t–\tRestructuring\tand\tOther\nDuring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021,\twe\trecorded\t$204\tmillion\tand\t$101\tmillion,\trespectively,\tof\timpairment\tlosses\ton\tdigital\nassets.\tDuring\tthe\tyears\tended\tDecember\t31,\t2022\tand\t2021\twe\talso\trealized\tgains\tof\t$64\tmillion\tand\t$128\tmillion,\trespectively,\tin\tconnection\twith\nconverting\tour\tholdings\tof\tdigital\tassets\tinto\tfiat\tcurrency.\tWe\talso\trecorded\tother\texpenses\tof\t$36\tmillion\tduring\tthe\tsecond\tquarter\tof\tthe\tyear\tended\nDecember\t31,\t2022,\trelated\tto\temployee\tterminations.\n92", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 94, "lines": { "from": 45, "to": 50 } } } }, { "pageContent": "ITEM\t9.\tCHANGES\tIN\tAND\tDISAGREEMENTS\tWITH\tACCOUNTANTS\tON\tACCOUNTING\tAND\tFINANCIAL\tDISCLOSURE\nNone.\nITEM\t9A.\tCONTROLS\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\tdisclosure\ncontrols\tand\tprocedures\tpursuant\tto\tRule\t13a-15\tunder\tthe\tSecurities\tExchange\tAct\tof\t1934,\tas\tamended\t(the\t“Exchange\tAct”).\tIn\tdesigning\tand\nevaluating\tthe\tdisclosure\tcontrols\tand\tprocedures,\tour\tmanagement\trecognizes\tthat\tany\tcontrols\tand\tprocedures,\tno\tmatter\thow\twell\tdesigned\tand\noperated,\tcan\tprovide\tonly\treasonable\tassurance\tof\tachieving\tthe\tdesired\tcontrol\tobjectives.\tIn\taddition,\tthe\tdesign\tof\tdisclosure\tcontrols\tand\tprocedures\nmust\treflect\tthe\tfact\tthat\tthere\tare\tresource\tconstraints\tand\tthat\tour\tmanagement\tis\trequired\tto\tapply\tits\tjudgment\tin\tevaluating\tthe\tbenefits\tof\tpossible\ncontrols\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,\t2023,\tour\tdisclosure\ncontrols\tand\tprocedures\twere\tdesigned\tat\ta\treasonable\tassurance\tlevel\tand\twere\teffective\tto\tprovide\treasonable\tassurance\tthat\tthe\tinformation\twe\tare\nrequired\tto\tdisclose\tin\treports\tthat\twe\tfile\tor\tsubmit\tunder\tthe\tExchange\tAct\tis\trecorded,\tprocessed,\tsummarized\tand\treported\twithin\tthe\ttime\tperiods\nspecified\tin\tthe\tSEC\trules\tand\tforms,\tand\tthat\tsuch\tinformation\tis\taccumulated\tand\tcommunicated\tto\tour\tmanagement,\tincluding\tour\tChief\tExecutive\nOfficer\tand\tour\tChief\tFinancial\tOfficer,\tas\tappropriate,\tto\tallow\ttimely\tdecisions\tregarding\trequired\tdisclosures.\nManagement’s\tReport\ton\tInternal\tControl\tover\tFinancial\tReporting\nOur\tmanagement\tis\tresponsible\tfor\testablishing\tand\tmaintaining\tadequate\tinternal\tcontrol\tover\tfinancial\treporting.\tInternal\tcontrol\tover\tfinancial", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 95, "lines": { "from": 1, "to": 17 } } } }, { "pageContent": "reporting\tis\ta\tprocess\tdesigned\tby,\tor\tunder\tthe\tsupervision\tof,\tour\tChief\tExecutive\tOfficer\tand\tChief\tFinancial\tOfficer\tto\tprovide\treasonable\tassurance\nregarding\tthe\treliability\tof\tfinancial\treporting\tand\tthe\tpreparation\tof\tfinancial\tstatements\tfor\texternal\tpurposes\tin\taccordance\twith\tgenerally\taccepted\naccounting\tprinciples\tand\tincludes\tthose\tpolicies\tand\tprocedures\tthat\t(1)\tpertain\tto\tthe\tmaintenance\tof\trecords\tthat\tin\treasonable\tdetail\taccurately\tand\nfairly\treflect\tthe\ttransactions\tand\tdispositions\tof\tour\tassets;\t(2)\tprovide\treasonable\tassurance\tthat\ttransactions\tare\trecorded\tas\tnecessary\tto\tpermit\npreparation\tof\tfinancial\tstatements\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples,\tand\tthat\tour\treceipts\tand\texpenditures\tare\tbeing\tmade\nonly\tin\taccordance\twith\tauthorizations\tof\tour\tmanagement\tand\tdirectors\tand\t(3)\tprovide\treasonable\tassurance\tregarding\tprevention\tor\ttimely\tdetection\nof\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\tconducted\nan\tevaluation\tof\tthe\teffectiveness\tof\tour\tinternal\tcontrol\tover\tfinancial\treporting\tbased\ton\tcriteria\testablished\tin\tInternal\tControl\t–\tIntegrated\tFramework\n(2013)\tissued\tby\tthe\tCommittee\tof\tSponsoring\tOrganizations\tof\tthe\tTreadway\tCommission\t(“COSO”).\tOur\tmanagement\tconcluded\tthat\tour\tinternal\ncontrol\tover\tfinancial\treporting\twas\teffective\tas\tof\tDecember\t31,\t2023.\nOur\tindependent\tregistered\tpublic\taccounting\tfirm,\tPricewaterhouseCoopers\tLLP,\thas\taudited\tthe\teffectiveness\tof\tour\tinternal\tcontrol\tover\tfinancial\nreporting\tas\tof\tDecember\t31,\t2023,\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\tevaluation", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 95, "lines": { "from": 18, "to": 32 } } } }, { "pageContent": "of\teffectiveness\tto\tfuture\tperiods\tare\tsubject\tto\tthe\trisk\tthat\tcontrols\tmay\tbecome\tinadequate\tbecause\tof\tchanges\tin\tconditions,\tor\tthat\tthe\tdegree\tof\ncompliance\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,\t2023,\twhich\thas\nmaterially\taffected,\tor\tis\treasonably\tlikely\tto\tmaterially\taffect,\tour\tinternal\tcontrol\tover\tfinancial\treporting.\n93", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 95, "lines": { "from": 33, "to": 38 } } } }, { "pageContent": "ITEM\t9B.\tOTHER\tINFORMATION\nNone\tof\tthe\tCompany’s\tdirectors\tor\tofficers\tadopted,\tmodified\tor\tterminated\ta\tRule\t10b5-1\ttrading\tarrangement\tor\ta\tnon-Rule\t10b5-1\ttrading\narrangement\tduring\tthe\tCompany’s\tfiscal\tquarter\tended\tDecember\t31,\t2023,\tas\tsuch\tterms\tare\tdefined\tunder\tItem\t408(a)\tof\tRegulation\tS-K,\texcept\tas\nfollows:\nOn\tOctober\t23,\t2023,\tRobyn\tDenholm,\tone\tof\tour\tdirectors,\tadopted\ta\tRule\t10b5-1\ttrading\tarrangement\tfor\tthe\tpotential\tsale\tof\tup\tto\t281,116\nshares\tof\tour\tcommon\tstock,\tsubject\tto\tcertain\tconditions.\tThe\ttrading\tarrangement\tcovers\tstock\toptions\tthat\texpire\tin\tAugust\t2024.\tThe\tarrangement's\nexpiration\tdate\tis\tAugust\t16,\t2024.\nOn\tNovember\t13,\t2023,\tAndrew\tBaglino,\tSenior\tVice\tPresident,\tPowertrain\tand\tEnergy\tEngineering,\tadopted\ta\tRule\t10b5-1\ttrading\tarrangement\tfor\nthe\tpotential\tsale\tof\tup\tto\t115,500\tshares\tof\tour\tcommon\tstock,\tsubject\tto\tcertain\tconditions.\tThe\tarrangement's\texpiration\tdate\tis\tDecember\t31,\t2024.\nITEM\t9C.\tDISCLOSURE\tREGARDING\tFOREIGN\tJURISDICTIONS\tTHAT\tPREVENT\tINSPECTIONS\nNot\tapplicable.\n94", 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"PART\tIII\nITEM\t10.\tDIRECTORS,\tEXECUTIVE\tOFFICERS\tAND\tCORPORATE\tGOVERNANCE\nThe\tinformation\trequired\tby\tthis\tItem\t10\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2024\tProxy\tStatement\tto\tbe\tfiled\twith\tthe\tSecurities\tand\tExchange\nCommission\tin\tconnection\twith\tthe\tsolicitation\tof\tproxies\tfor\tour\t2024\tAnnual\tMeeting\tof\tStockholders\tand\tis\tincorporated\therein\tby\treference.\tThe\t2024\nProxy\tStatement\twill\tbe\tfiled\twith\tthe\tSecurities\tand\tExchange\tCommission\twithin\t120\tdays\tafter\tthe\tend\tof\tthe\tfiscal\tyear\tto\twhich\tthis\treport\trelates.\nITEM\t11.\tEXECUTIVE\tCOMPENSATION\nThe\tinformation\trequired\tby\tthis\tItem\t11\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2024\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\nITEM\t12.\tSECURITY\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\t2024\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\nITEM\t13.\tCERTAIN\tRELATIONSHIPS\tAND\tRELATED\tTRANSACTIONS\tAND\tDIRECTOR\tINDEPENDENCE\nThe\tinformation\trequired\tby\tthis\tItem\t13\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2024\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\nITEM\t14.\tPRINCIPAL\tACCOUNTANT\tFEES\tAND\tSERVICES\nThe\tinformation\trequired\tby\tthis\tItem\t14\tof\tForm\t10-K\twill\tbe\tincluded\tin\tour\t2024\tProxy\tStatement\tand\tis\tincorporated\therein\tby\treference.\n95", 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"PART\tIV\nITEM\t15.\tEXHIBITS\tAND\tFINANCIAL\tSTATEMENT\tSCHEDULES\n1.Financial\tstatements\t(see\tIndex\tto\tConsolidated\tFinancial\tStatements\tin\tPart\tII,\tItem\t8\tof\tthis\treport)\n2.All\tfinancial\tstatement\tschedules\thave\tbeen\tomitted\tsince\tthe\trequired\tinformation\twas\tnot\tapplicable\tor\twas\tnot\tpresent\tin\tamounts\tsufficient\tto\nrequire\tsubmission\tof\tthe\tschedules,\tor\tbecause\tthe\tinformation\trequired\tis\tincluded\tin\tthe\tconsolidated\tfinancial\tstatements\tor\tthe\taccompanying\nnotes\n3.The\texhibits\tlisted\tin\tthe\tfollowing\tIndex\tto\tExhibits\tare\tfiled\tor\tincorporated\tby\treference\tas\tpart\tof\tthis\treport\nINDEX\tTO\tEXHIBITS\nExhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n3.1Amended\tand\tRestated\tCertificate\tof\nIncorporation\tof\tthe\tRegistrant.\n10-K001-347563.1March\t1,\t2017\n3.2Certificate\tof\tAmendment\tto\tthe\tAmended\tand\nRestated\tCertificate\tof\tIncorporation\tof\tthe\nRegistrant.\n10-K001-347563.2March\t1,\t2017\n3.3Amended\tand\tRestated\tBylaws\tof\tthe\tRegistrant.8-K001-347563.1April\t5,\t2023\n4.1Specimen\tcommon\tstock\tcertificate\tof\tthe\nRegistrant.\n10-K001-347564.1March\t1,\t2017\n4.2Fifth\tAmended\tand\tRestated\tInvestors’\tRights\nAgreement,\tdated\tas\tof\tAugust\t31,\t2009,\tbetween\nRegistrant\tand\tcertain\tholders\tof\tthe\tRegistrant’s\ncapital\tstock\tnamed\ttherein.\nS-1333-1645934.2January\t29,\t2010\n4.3Amendment\tto\tFifth\tAmended\tand\tRestated\nInvestors’\tRights\tAgreement,\tdated\tas\tof\tMay\t20,\n2010,\tbetween\tRegistrant\tand\tcertain\tholders\tof\nthe\tRegistrant’s\tcapital\tstock\tnamed\ttherein.\nS-1/A333-1645934.2AMay\t27,\t2010\n4.4Amendment\tto\tFifth\tAmended\tand\tRestated\nInvestors’\tRights\tAgreement\tbetween\tRegistrant,\nToyota\tMotor\tCorporation\tand\tcertain\tholders\tof\nthe\tRegistrant’s\tcapital\tstock\tnamed\ttherein.\nS-1/A333-1645934.2BMay\t27,\t2010\n4.5Amendment\tto\tFifth\tAmended\tand\tRestated\nInvestor’s\tRights\tAgreement,\tdated\tas\tof\tJune\t14,\n2010,\tbetween\tRegistrant\tand\tcertain\tholders\tof\nthe\tRegistrant’s\tcapital\tstock\tnamed\ttherein.\nS-1/A333-1645934.2CJune\t15,\t2010", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 98, "lines": { "from": 1, "to": 44 } } } }, { "pageContent": "S-1/A333-1645934.2CJune\t15,\t2010\n4.6Amendment\tto\tFifth\tAmended\tand\tRestated\nInvestor’s\tRights\tAgreement,\tdated\tas\tof\nNovember\t2,\t2010,\tbetween\tRegistrant\tand\ncertain\tholders\tof\tthe\tRegistrant’s\tcapital\tstock\nnamed\ttherein.\n8-K001-347564.1November\t4,\t2010\n96", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 98, "lines": { "from": 44, "to": 51 } } } }, { "pageContent": "Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n4.7Waiver\tto\tFifth\tAmended\tand\tRestated\tInvestor’s\nRights\tAgreement,\tdated\tas\tof\tMay\t22,\t2011,\nbetween\tRegistrant\tand\tcertain\tholders\tof\tthe\nRegistrant’s\tcapital\tstock\tnamed\ttherein.\nS-1/A333-1744664.2EJune\t2,\t2011\n4.8Amendment\tto\tFifth\tAmended\tand\tRestated\nInvestor’s\tRights\tAgreement,\tdated\tas\tof\tMay\t30,\n2011,\tbetween\tRegistrant\tand\tcertain\tholders\tof\nthe\tRegistrant’s\tcapital\tstock\tnamed\ttherein.\n8-K001-347564.1June\t1,\t2011\n4.9Sixth\tAmendment\tto\tFifth\tAmended\tand\tRestated\nInvestors’\tRights\tAgreement,\tdated\tas\tof\tMay\t15,\n2013\tamong\tthe\tRegistrant,\tthe\tElon\tMusk\nRevocable\tTrust\tdated\tJuly\t22,\t2003\tand\tcertain\nother\tholders\tof\tthe\tcapital\tstock\tof\tthe\tRegistrant\nnamed\ttherein.\n8-K001-347564.1May\t20,\t2013\n4.10Waiver\tto\tFifth\tAmended\tand\tRestated\tInvestor’s\nRights\tAgreement,\tdated\tas\tof\tMay\t14,\t2013,\nbetween\tthe\tRegistrant\tand\tcertain\tholders\tof\tthe\ncapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n8-K001-347564.2May\t20,\t2013\n4.11Waiver\tto\tFifth\tAmended\tand\tRestated\tInvestor’s\nRights\tAgreement,\tdated\tas\tof\tAugust\t13,\t2015,\nbetween\tthe\tRegistrant\tand\tcertain\tholders\tof\tthe\ncapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n8-K001-347564.1August\t19,\t2015\n4.12Waiver\tto\tFifth\tAmended\tand\tRestated\tInvestors’\nRights\tAgreement,\tdated\tas\tof\tMay\t18,\t2016,\nbetween\tthe\tRegistrant\tand\tcertain\tholders\tof\tthe\ncapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n8-K001-347564.1May\t24,\t2016\n4.13Waiver\tto\tFifth\tAmended\tand\tRestated\tInvestors’\nRights\tAgreement,\tdated\tas\tof\tMarch\t15,\t2017,\nbetween\tthe\tRegistrant\tand\tcertain\tholders\tof\tthe\ncapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n8-K001-347564.1March\t17,\t2017\n4.14Waiver\tto\tFifth\tAmended\tand\tRestated\tInvestors’\nRights\tAgreement,\tdated\tas\tof\tMay\t1,\t2019,\nbetween\tthe\tRegistrant\tand\tcertain\tholders\tof\tthe\ncapital\tstock\tof\tthe\tRegistrant\tnamed\ttherein.\n8-K001-347564.1May\t3,\t2019\n4.15Indenture,\tdated\tas\tof\tMay\t22,\t2013,\tby\tand", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 99, "lines": { "from": 1, "to": 48 } } } }, { "pageContent": "4.15Indenture,\tdated\tas\tof\tMay\t22,\t2013,\tby\tand\nbetween\tthe\tRegistrant\tand\tU.S.\tBank\tNational\nAssociation.\n8-K001-347564.1May\t22,\t2013\n97", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 99, "lines": { "from": 48, "to": 52 } } } }, { "pageContent": "Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n4.16Fifth\tSupplemental\tIndenture,\tdated\tas\tof\tMay\t7,\n2019,\tby\tand\tbetween\tRegistrant\tand\tU.S.\tBank\nNational\tAssociation,\trelated\tto\t2.00%\tConvertible\nSenior\tNotes\tdue\tMay\t15,\t2024.\n8-K001-347564.2May\t8,\t2019\n4.17Form\tof\t2.00%\tConvertible\tSenior\tNotes\tdue\tMay\n15,\t2024\t(included\tin\tExhibit\t4.16).\n8-K001-347564.2May\t8,\t2019\n4.18Indenture,\tdated\tas\tof\tOctober\t15,\t2014,\tbetween\nSolarCity\tand\tU.S.\tBank\tNational\tAssociation,\tas\ntrustee.\nS-3ASR(1)333-1993214.1October\t15,\t2014\n4.19Tenth\tSupplemental\tIndenture,\tdated\tas\tof\tMarch\n9,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.00%\tSolar\tBonds,\nSeries\t2015/6-10.\n8-K(1)001-357584.3March\t9,\t2015\n4.20Eleventh\tSupplemental\tIndenture,\tdated\tas\tof\nMarch\t9,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.75%\tSolar\tBonds,\nSeries\t2015/7-15.\n8-K(1)001-357584.4March\t9,\t2015\n4.21Fifteenth\tSupplemental\tIndenture,\tdated\tas\tof\nMarch\t19,\t2015,\tby\tand\tbetween\tSolarCity\tand\nthe\tTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\nBonds,\tSeries\t2015/C4-10.\n8-K(1)001-357584.5March\t19,\t2015\n4.22Sixteenth\tSupplemental\tIndenture,\tdated\tas\tof\nMarch\t19,\t2015,\tby\tand\tbetween\tSolarCity\tand\nthe\tTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\nBonds,\tSeries\t2015/C5-15.\n8-K(1)001-357584.6March\t19,\t2015\n4.23Twentieth\tSupplemental\tIndenture,\tdated\tas\tof\nMarch\t26,\t2015,\tby\tand\tbetween\tSolarCity\tand\nthe\tTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\nBonds,\tSeries\t2015/C9-10.\n8-K(1)001-357584.5March\t26,\t2015\n4.24Twenty-First\tSupplemental\tIndenture,\tdated\tas\tof\nMarch\t26,\t2015,\tby\tand\tbetween\tSolarCity\tand\nthe\tTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\nBonds,\tSeries\t2015/C10-15.\n8-K(1)001-357584.6March\t26,\t2015\n4.25Twenty-Sixth\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t2,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C14-10.\n8-K(1)001-357584.5April\t2,\t2015", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 100, "lines": { "from": 1, "to": 52 } } } }, { "pageContent": "8-K(1)001-357584.5April\t2,\t2015\n4.26Thirtieth\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t9,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C19-10.\n8-K(1)001-357584.5April\t9,\t2015\n98", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n4.27Thirty-First\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t9,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C20-15.\n8-K(1)001-357584.6April\t9,\t2015\n4.28Thirty-Fifth\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t14,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C24-10.\n8-K(1)001-357584.5April\t14,\t2015\n4.29Thirty-Sixth\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t14,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C25-15.\n8-K(1)001-357584.6April\t14,\t2015\n4.30Thirty-Eighth\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t21,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C27-10.\n8-K(1)001-357584.3April\t21,\t2015\n4.31Thirty-Ninth\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t21,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C28-15.\n8-K(1)001-357584.4April\t21,\t2015\n4.32Forty-Third\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t27,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C32-10.\n8-K(1)001-357584.5April\t27,\t2015\n4.33Forty-Fourth\tSupplemental\tIndenture,\tdated\tas\tof\nApril\t27,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C33-15.\n8-K(1)001-357584.6April\t27,\t2015\n4.34Forty-Eighth\tSupplemental\tIndenture,\tdated\tas\tof\nMay\t1,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.00%\tSolar\tBonds,\nSeries\t2015/12-10.\n8-K(1)001-357584.5May\t1,\t2015\n4.35Forty-Ninth\tSupplemental\tIndenture,\tdated\tas\tof\nMay\t1,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.75%\tSolar\tBonds,\nSeries\t2015/13-15.\n8-K(1)001-357584.6May\t1,\t2015\n4.36Fifty-Second\tSupplemental\tIndenture,\tdated\tas\tof", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n4.37Fifty-Third\tSupplemental\tIndenture,\tdated\tas\tof\nMay\t11,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C37-15.\n8-K(1)001-357584.5May\t11,\t2015\n4.38Fifty-Seventh\tSupplemental\tIndenture,\tdated\tas\tof\nMay\t18,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C40-10.\n8-K(1)001-357584.4May\t18,\t2015\n4.39Fifty-Eighth\tSupplemental\tIndenture,\tdated\tas\tof\nMay\t18,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C41-15.\n8-K(1)001-357584.5May\t18,\t2015\n4.40Sixty-First\tSupplemental\tIndenture,\tdated\tas\tof\nMay\t26,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C44-10.\n8-K(1)001-357584.4May\t26,\t2015\n4.41Sixty-Second\tSupplemental\tIndenture,\tdated\tas\tof\nMay\t26,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C45-15.\n8-K(1)001-357584.5May\t26,\t2015\n4.42Seventieth\tSupplemental\tIndenture,\tdated\tas\tof\nJune\t16,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C52-10.\n8-K(1)001-357584.4June\t16,\t2015\n4.43Seventy-First\tSupplemental\tIndenture,\tdated\tas\tof\nJune\t16,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C53-15.\n8-K(1)001-357584.5June\t16,\t2015\n4.44Seventy-Fourth\tSupplemental\tIndenture,\tdated\tas\nof\tJune\t22,\t2015,\tby\tand\tbetween\tSolarCity\tand\nthe\tTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\nBonds,\tSeries\t2015/C56-10.\n8-K(1)001-357584.4June\t23,\t2015\n4.45Seventy-Fifth\tSupplemental\tIndenture,\tdated\tas\tof\nJune\t22,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C57-15.\n8-K(1)001-357584.5June\t23,\t2015\n4.46Eightieth\tSupplemental\tIndenture,\tdated\tas\tof", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n4.47Eighty-First\tSupplemental\tIndenture,\tdated\tas\tof\nJune\t29,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C62-15.\n8-K(1)001-357584.6June\t29,\t2015\n4.48Ninetieth\tSupplemental\tIndenture,\tdated\tas\tof\tJuly\n20,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t4.70%\tSolar\tBonds,\nSeries\t2015/C71-10.\n8-K(1)001-357584.5July\t21,\t2015\n4.49Ninety-First\tSupplemental\tIndenture,\tdated\tas\tof\nJuly\t20,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.45%\tSolar\tBonds,\nSeries\t2015/C72-15.\n8-K(1)001-357584.6July\t21,\t2015\n4.50Ninety-Fifth\tSupplemental\tIndenture,\tdated\tas\tof\nJuly\t31,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.00%\tSolar\tBonds,\nSeries\t2015/20-10.\n8-K(1)001-357584.5July\t31,\t2015\n4.51Ninety-Sixth\tSupplemental\tIndenture,\tdated\tas\tof\nJuly\t31,\t2015,\tby\tand\tbetween\tSolarCity\tand\tthe\nTrustee,\trelated\tto\tSolarCity’s\t5.75%\tSolar\tBonds,\nSeries\t2015/21-15.\n8-K(1)001-357584.6July\t31,\t2015\n4.52One\tHundred-and-Fifth\tSupplemental\tIndenture,\ndated\tas\tof\tAugust\t10,\t2015,\tby\tand\tbetween\nSolarCity\tand\tthe\tTrustee,\trelated\tto\tSolarCity’s\n4.70%\tSolar\tBonds,\tSeries\t2015/C81-10.\n8-K(1)001-357584.5August\t10,\t2015\n4.53One\tHundred-and-Eleventh\tSupplemental\nIndenture,\tdated\tas\tof\tAugust\t17,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C87-\n15.\n8-K(1)001-357584.6August\t17,\t2015\n4.54One\tHundred-and-Sixteenth\tSupplemental\nIndenture,\tdated\tas\tof\tAugust\t24,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C92-\n15.\n8-K(1)001-357584.6August\t24,\t2015\n4.55One\tHundred-and-Twenty-First\tSupplemental\nIndenture,\tdated\tas\tof\tAugust\t31,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C97-\n15.", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n4.57One\tHundred-and-Twenty-Ninth\tSupplemental\nIndenture,\tdated\tas\tof\tSeptember\t14,\t2015,\tby\nand\tbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C102-\n15.\n8-K(1)001-357584.6September\t15,\t2015\n4.58One\tHundred-and-Thirty-Third\tSupplemental\nIndenture,\tdated\tas\tof\tSeptember\t28,\t2015,\tby\nand\tbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t4.70%\tSolar\tBonds,\tSeries\t2015/C106-\n10.\n8-K(1)001-357584.5September\t29,\t2015\n4.59One\tHundred-and-Thirty-Fourth\tSupplemental\nIndenture,\tdated\tas\tof\tSeptember\t28,\t2015,\tby\nand\tbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C107-\n15.\n8-K(1)001-357584.6September\t29,\t2015\n4.60One\tHundred-and-Thirty-Eighth\tSupplemental\nIndenture,\tdated\tas\tof\tOctober\t13,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t4.70%\tSolar\tBonds,\tSeries\t2015/C111-\n10.\n8-K(1)001-357584.5October\t13,\t2015\n4.61One\tHundred-and-Forty-Third\tSupplemental\nIndenture,\tdated\tas\tof\tOctober\t30,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.00%\tSolar\tBonds,\tSeries\t2015/25-10.\n8-K(1)001-357584.5October\t30,\t2015\n4.62One\tHundred-and-Forty-Fourth\tSupplemental\nIndenture,\tdated\tas\tof\tOctober\t30,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.75%\tSolar\tBonds,\tSeries\t2015/26-15.\n8-K(1)001-357584.6October\t30,\t2015\n4.63One\tHundred-and-Forty-Eighth\tSupplemental\nIndenture,\tdated\tas\tof\tNovember\t4,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t4.70%\tSolar\tBonds,\tSeries\t2015/C116-\n10.\n8-K(1)001-357584.5November\t4,\t2015\n4.64One\tHundred-and-Fifty-Third\tSupplemental\nIndenture,\tdated\tas\tof\tNovember\t16,\t2015,\tby\nand\tbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t4.70%\tSolar\tBonds,\tSeries\t2015/C121-\n10.\n8-K(1)001-357584.5November\t17,\t2015\n4.65One\tHundred-and-Fifty-Fourth\tSupplemental", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n4.66One\tHundred-and-Fifty-Eighth\tSupplemental\nIndenture,\tdated\tas\tof\tNovember\t30,\t2015,\tby\nand\tbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t4.70%\tSolar\tBonds,\tSeries\t2015/C126-\n10.\n8-K(1)001-357584.5November\t30,\t2015\n4.67One\tHundred-and-Fifty-Ninth\tSupplemental\nIndenture,\tdated\tas\tof\tNovember\t30,\t2015,\tby\nand\tbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C127-\n15.\n8-K(1)001-357584.6November\t30,\t2015\n4.68One\tHundred-and-Sixty-Third\tSupplemental\nIndenture,\tdated\tas\tof\tDecember\t14,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t4.70%\tSolar\tBonds,\tSeries\t2015/C131-\n10.\n8-K(1)001-357584.5December\t14,\t2015\n4.69One\tHundred-and-Sixty-Fourth\tSupplemental\nIndenture,\tdated\tas\tof\tDecember\t14,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C132-\n15.\n8-K(1)001-357584.6December\t14,\t2015\n4.70One\tHundred-and-Sixty-Eighth\tSupplemental\nIndenture,\tdated\tas\tof\tDecember\t28,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t4.70%\tSolar\tBonds,\tSeries\t2015/C136-\n10.\n8-K(1)001-357584.5December\t28,\t2015\n4.71One\tHundred-and-Sixty-Ninth\tSupplemental\nIndenture,\tdated\tas\tof\tDecember\t28,\t2015,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.45%\tSolar\tBonds,\tSeries\t2015/C137-\n15.\n8-K(1)001-357584.6December\t28,\t2015\n4.72One\tHundred-and-Seventy-Third\tSupplemental\nIndenture,\tdated\tas\tof\tJanuary\t29,\t2016,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.00%\tSolar\tBonds,\tSeries\t2016/4-10.\n8-K(1)001-357584.5January\t29,\t2016\n4.73One\tHundred-and-Seventy-Fourth\tSupplemental\nIndenture,\tdated\tas\tof\tJanuary\t29,\t2016,\tby\tand\nbetween\tSolarCity\tand\tthe\tTrustee,\trelated\tto\nSolarCity’s\t5.75%\tSolar\tBonds,\tSeries\t2016/5-15.\n8-K(1)001-357584.6January\t29,\t2016", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n10.3**Form\tof\tStock\tOption\tAgreement\tunder\t2003\nEquity\tIncentive\tPlan.\nS-1333-16459310.3January\t29,\t2010\n10.4**Amended\tand\tRestated\t2010\tEquity\tIncentive\nPlan.\n10-K001-3475610.4February\t23,\t2018\n10.5**Form\tof\tStock\tOption\tAgreement\tunder\t2010\nEquity\tIncentive\tPlan.\n10-K001-3475610.6March\t1,\t2017\n10.6**Form\tof\tRestricted\tStock\tUnit\tAward\tAgreement\nunder\t2010\tEquity\tIncentive\tPlan.\n10-K001-3475610.7March\t1,\t2017\n10.7**Amended\tand\tRestated\t2010\tEmployee\tStock\nPurchase\tPlan,\teffective\tas\tof\tFebruary\t1,\t2017.\n10-K001-3475610.8March\t1,\t2017\n10.8**2019\tEquity\tIncentive\tPlan.S-8333-2320794.2June\t12,\t2019\n10.9**Form\tof\tStock\tOption\tAgreement\tunder\t2019\nEquity\tIncentive\tPlan.\nS-8333-2320794.3June\t12,\t2019\n10.10**Form\tof\tRestricted\tStock\tUnit\tAward\tAgreement\nunder\t2019\tEquity\tIncentive\tPlan.\nS-8333-2320794.4June\t12,\t2019\n10.11**Employee\tStock\tPurchase\tPlan,\teffective\tas\tof\nJune\t12,\t2019.\nS-8333-2320794.5June\t12,\t2019\n10.12**2007\tSolarCity\tStock\tPlan\tand\tform\tof\tagreements\nused\tthereunder.\nS-1(1)333-18431710.2October\t5,\t2012\n10.13**2012\tSolarCity\tEquity\tIncentive\tPlan\tand\tform\tof\nagreements\tused\tthereunder.\nS-1(1)333-18431710.3October\t5,\t2012\n10.14**2010\tZep\tSolar,\tInc.\tEquity\tIncentive\tPlan\tand\nform\tof\tagreements\tused\tthereunder.\nS-8(1)333-1929964.5December\t20,\t2013\n10.15**Offer\tLetter\tbetween\tthe\tRegistrant\tand\tElon\nMusk\tdated\tOctober\t13,\t2008.\nS-1333-16459310.9January\t29,\t2010\n10.16**Performance\tStock\tOption\tAgreement\tbetween\nthe\tRegistrant\tand\tElon\tMusk\tdated\tJanuary\t21,\n2018.\nDEF\t14A001-34756Appendix\tAFebruary\t8,\t2018\n10.17**Maxwell\tTechnologies,\tInc.\t2005\tOmnibus\tEquity\nIncentive\tPlan,\tas\tamended\tthrough\tMay\t6,\t2010\n8-K(2)001-1547710.1May\t10,\t2010\n10.18**Maxwell\tTechnologies,\tInc.\t2013\tOmnibus\tEquity\nIncentive\tPlan\nDEF\t14A(2)001-15477Appendix\tAJune\t2,\t2017\n10.19Indemnification\tAgreement,\teffective\tas\tof\tJune\n23,\t2020,\tbetween\tRegistrant\tand\tElon\tR.\tMusk.", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n10.20Indemnification\tAgreement,\tdated\tas\tof\tFebruary\n27,\t2014,\tby\tand\tbetween\tthe\tRegistrant\tand\tJ.P.\nMorgan\tSecurities\tLLC.\n8-K001-3475610.1March\t5,\t2014\n10.21Form\tof\tCall\tOption\tConfirmation\trelating\tto\n1.25%\tConvertible\tSenior\tNotes\tDue\tMarch\t1,\n2021.\n8-K001-3475610.3March\t5,\t2014\n10.22Form\tof\tWarrant\tConfirmation\trelating\tto\t1.25%\nConvertible\tSenior\tNotes\tDue\tMarch\t1,\t2021.\n8-K001-3475610.5March\t5,\t2014\n10.23Form\tof\tCall\tOption\tConfirmation\trelating\tto\n2.00%\tConvertible\tSenior\tNotes\tdue\tMay\t15,\n2024.\n8-K001-3475610.1May\t3,\t2019\n10.24Form\tof\tWarrant\tConfirmation\trelating\tto\t2.00%\nConvertible\tSenior\tNotes\tdue\tMay\t15,\t2024.\n8-K001-3475610.2May\t3,\t2019\n10.25†Supply\tAgreement\tbetween\tPanasonic\nCorporation\tand\tthe\tRegistrant\tdated\tOctober\t5,\n2011.\n10-K001-3475610.50February\t27,\t2012\n10.26†Amendment\tNo.\t1\tto\tSupply\tAgreement\tbetween\nPanasonic\tCorporation\tand\tthe\tRegistrant\tdated\nOctober\t29,\t2013.\n10-K001-3475610.35AFebruary\t26,\t2014\n10.27Agreement\tbetween\tPanasonic\tCorporation\tand\nthe\tRegistrant\tdated\tJuly\t31,\t2014.\n10-Q001-3475610.1November\t7,\t2014\n10.28†General\tTerms\tand\tConditions\tbetween\tPanasonic\nCorporation\tand\tthe\tRegistrant\tdated\tOctober\t1,\n2014.\n8-K001-3475610.2October\t11,\t2016\n10.29Letter\tAgreement,\tdated\tas\tof\tFebruary\t24,\t2015,\nregarding\taddition\tof\tco-party\tto\tGeneral\tTerms\nand\tConditions,\tProduction\tPricing\tAgreement\tand\nInvestment\tLetter\tAgreement\tbetween\tPanasonic\nCorporation\tand\tthe\tRegistrant.\n10-K001-3475610.25AFebruary\t24,\t2016\n10.30†Amendment\tto\tGigafactory\tGeneral\tTerms,\tdated\nMarch\t1,\t2016,\tby\tand\tamong\tthe\tRegistrant,\nPanasonic\tCorporation\tand\tPanasonic\tEnergy\nCorporation\tof\tNorth\tAmerica.\n8-K001-3475610.1October\t11,\t2016\n10.31††Amended\tand\tRestated\tGeneral\tTerms\tand\nConditions\tfor\tGigafactory,\tentered\tinto\ton\tJune\n10,\t2020,\tby\tand\tamong\tRegistrant,\tTesla\tMotors\nNetherlands\tB.V.,\tPanasonic\tCorporation\tand", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n10.41Amendment\tand\tRestatement\tin\trespect\tof\tABL\nCredit\tAgreement,\tdated\tas\tof\tMarch\t6,\t2019,\tby\nand\tamong\tcertain\tof\tthe\tRegistrant’s\tand\tTesla\nMotors\tNetherlands\tB.V.’s\tdirect\tor\tindirect\nsubsidiaries\tfrom\ttime\tto\ttime\tparty\tthereto,\tas\nborrowers,\tWells\tFargo\tBank,\tNational\nAssociation,\tas\tdocumentation\tagent,\tJPMorgan\nChase\tBank,\tN.A.,\tGoldman\tSachs\tBank\tUSA,\nMorgan\tStanley\tSenior\tFunding\tInc.\tand\tBank\tof\nAmerica,\tN.A.,\tas\tsyndication\tagents,\tthe\tlenders\nfrom\ttime\tto\ttime\tparty\tthereto,\tand\tDeutsche\nBank\tAG\tNew\tYork\tBranch,\tas\tadministrative\nagent\tand\tcollateral\tagent.\nS-4/A333-22974910.68April\t3,\t2019\n10.42First\tAmendment\tto\tAmended\tand\tRestated\tABL\nCredit\tAgreement,\tdated\tas\tof\tDecember\t23,\n2020,\tin\trespect\tof\tthe\tAmended\tand\tRestated\nABL\tCredit\tAgreement,\tdated\tas\tof\tMarch\t6,\t2019,\nby\tand\tamong\tcertain\tof\tthe\tRegistrant’s\tand\nTesla\tMotors\tNetherlands\tB.V.’s\tdirect\tor\tindirect\nsubsidiaries\tfrom\ttime\tto\ttime\tparty\tthereto,\tas\nborrowers,\tWells\tFargo\tBank,\tNational\nAssociation,\tas\tdocumentation\tagent,\tJPMorgan\nChase\tBank,\tN.A.,\tGoldman\tSachs\tBank\tUSA,\nMorgan\tStanley\tSenior\tFunding\tInc.\tand\tBank\tof\nAmerica,\tN.A.,\tas\tsyndication\tagents,\tthe\tlenders\nfrom\ttime\tto\ttime\tparty\tthereto,\tand\tDeutsche\nBank\tAG\tNew\tYork\tBranch,\tas\tadministrative\nagent\tand\tcollateral\tagent.\n10-K001-3475610.44February\t8,\t2021\n10.43†Agreement\tfor\tTax\tAbatement\tand\tIncentives,\ndated\tas\tof\tMay\t7,\t2015,\tby\tand\tbetween\tTesla\nMotors,\tInc.\tand\tthe\tState\tof\tNevada,\tacting\tby\nand\tthrough\tthe\tNevada\tGovernor’s\tOffice\tof\nEconomic\tDevelopment.\n10-Q001-3475610.1August\t7,\t2015\n10.44Purchase\tAgreement,\tdated\tas\tof\tAugust\t11,\n2017,\tby\tand\tamong\tthe\tRegistrant,\tSolarCity\tand\nGoldman\tSachs\t&\tCo.\tLLC\tand\tMorgan\tStanley\t&\nCo.\tLLC\tas\trepresentatives\tof\tthe\tseveral\tinitial\npurchasers\tnamed\ttherein.\n8-K001-3475610.1August\t23,\t2017\n10.45Amended\tand\tRestated\tAgreement\tFor\tResearch", 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"Exhibit\nNumber\nIncorporated\tby\tReference\nFiled\nHerewithExhibit\tDescriptionFormFile\tNo.ExhibitFiling\tDate\n10.46First\tAmendment\tto\tAmended\tand\tRestated\nAgreement\tFor\tResearch\t&\tDevelopment\tAlliance\non\tTriex\tModule\tTechnology,\teffective\tas\tof\nOctober\t31,\t2014,\tby\tand\tbetween\tThe\tResearch\nFoundation\tFor\tThe\tState\tUniversity\tof\tNew\tYork,\non\tbehalf\tof\tthe\tCollege\tof\tNanoscale\tScience\tand\nEngineering\tof\tthe\tState\tUniversity\tof\tNew\tYork,\nand\tSilevo,\tInc.\n10-K(1)001-3575810.16aFebruary\t24,\t2015\n10.47Second\tAmendment\tto\tAmended\tand\tRestated\nAgreement\tFor\tResearch\t&\tDevelopment\tAlliance\non\tTriex\tModule\tTechnology,\teffective\tas\tof\nDecember\t15,\t2014,\tby\tand\tbetween\tThe\nResearch\tFoundation\tFor\tThe\tState\tUniversity\tof\nNew\tYork,\ton\tbehalf\tof\tthe\tCollege\tof\tNanoscale\nScience\tand\tEngineering\tof\tthe\tState\tUniversity\tof\nNew\tYork,\tand\tSilevo,\tInc.\n10-K(1)001-3575810.16bFebruary\t24,\t2015\n10.48Third\tAmendment\tto\tAmended\tand\tRestated\nAgreement\tFor\tResearch\t&\tDevelopment\tAlliance\non\tTriex\tModule\tTechnology,\teffective\tas\tof\nFebruary\t12,\t2015,\tby\tand\tbetween\tThe\tResearch\nFoundation\tFor\tThe\tState\tUniversity\tof\tNew\tYork,\non\tbehalf\tof\tthe\tCollege\tof\tNanoscale\tScience\tand\nEngineering\tof\tthe\tState\tUniversity\tof\tNew\tYork,\nand\tSilevo,\tInc.\n10-Q(1)001-3575810.16cMay\t6,\t2015\n10.49Fourth\tAmendment\tto\tAmended\tand\tRestated\nAgreement\tFor\tResearch\t&\tDevelopment\tAlliance\non\tTriex\tModule\tTechnology,\teffective\tas\tof\tMarch\n30,\t2015,\tby\tand\tbetween\tThe\tResearch\nFoundation\tFor\tThe\tState\tUniversity\tof\tNew\tYork,\non\tbehalf\tof\tthe\tCollege\tof\tNanoscale\tScience\tand\nEngineering\tof\tthe\tState\tUniversity\tof\tNew\tYork,\nand\tSilevo,\tInc.\n10-Q(1)001-3575810.16dMay\t6,\t2015\n10.50Fifth\tAmendment\tto\tAmended\tand\tRestated\nAgreement\tFor\tResearch\t&\tDevelopment\tAlliance\non\tTriex\tModule\tTechnology,\teffective\tas\tof\tJune\n30,\t2015,\tby\tand\tbetween\tThe\tResearch\nFoundation\tFor\tThe\tState\tUniversity\tof\tNew\tYork,\non\tbehalf\tof\tthe\tCollege\tof\tNanoscale\tScience\tand\nEngineering\tof\tthe\tState\tUniversity\tof\tNew\tYork,\nand\tSilevo,\tLLC.", 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"Tesla\tEnergy\tVentures\tHoldings\tB.V.Netherlands\nTesla\tFinance\tLLCDelaware\nTesla\tFinancial\tLeasing\t(China)\tCo.,\tLtd.China\nTesla\tFinancial\tServices\tGmbHGermany\nTesla\tFinancial\tServices\tHoldings\tB.V.Netherlands\nTesla\tFinancial\tServices\tLimitedUnited\tKingdom\nTesla\tFrance\tS.à\tr.l.France\nTesla\tGermany\tGmbHGermany\nTesla\tGeneral\tInsurance,\tInc.Arizona\nTesla\tGreece\tSingle\tMember\tP.C.Greece\nTesla\tHrvatska\td.o.o.Croatia\nTesla\tHungary\tKft.Hungary\nTesla\tIndia\tMotors\tand\tEnergy\tPrivate\tLimitedIndia\nTesla\tInsurance\tBrokers\tCo.,\tLtd.China\nTesla\tInsurance\tHoldings,\tLLCDelaware\nTesla\tInsurance,\tInc.Delaware\nTesla\tInsurance\tLtd.Malta\nTesla\tInsurance\tCompanyCalifornia\nTesla\tInsurance\tServices,\tInc.California\nTesla\tInsurance\tServices\tof\tTexas,\tInc.Texas\nTesla\tInternational\tB.V.Netherlands\nTesla\tInvestments\tLLCDelaware\nTesla\tItaly\tS.r.l.Italy\nTesla\tJordan\tCar\tTrading\tLLCJordan\nTesla\tKorea\tLimitedRepublic\tof\tKorea\nTesla\tLease\tTrustDelaware\nTesla\tLLCDelaware\nTesla\tManufacturing\tBrandenburg\tSEGermany\nTesla\tManufacturing\tMexico,\tS.\tde\tR.L.\tde\tC.V.Mexico\nTesla\tManufacturing\tMexico\tHolding,\tS.\tde\tR.L.\tde\tC.V.Mexico\nTesla\tMichigan,\tInc.Michigan\nTesla\tMississippi\tLLCDelaware\nTesla\tMotors\tAustralia,\tPty\tLtdAustralia\nTesla\tMotors\tAustria\tGmbHAustria\nTesla\tMotors\t(Beijing)\tCo.,\tLtd.China\nTesla\tMotors\tCanada\tULCCanada\nTesla\tMotors\tColombia\tS.A.SColombia\nTesla\tMotors\tHolding\tB.V.Netherlands\nTesla\tMotors\tDenmark\tApSDenmark\nTesla\tMotors\tFL,\tInc.Florida\nTesla\tMotors\tHK\tLimitedHong\tKong\nTesla\tMotors\tIceland\tehf.Iceland\nTesla\tMotors\tIreland\tLimitedIreland\nTesla\tMotors\tIsrael\tLtd.Israel\nTesla\tMotors\tJapan\tGKJapan\nTesla\tMotors\tLimitedUnited\tKingdom\nTesla\tMotors\tLuxembourg\tS.à\tr.l.Luxembourg\nTesla\tMotors\tMA,\tInc.Massachusetts\nTesla\tMotors\tNetherlands\tB.V.Netherlands\nTesla\tMotors\tNew\tYork\tLLCNew\tYork", 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"Tesla\tMotors\tNL\tLLCDelaware\nTesla\tMotors\tNV,\tInc.Nevada\nTesla\tMotors\tPA,\tInc.Pennsylvania\nTesla\tMotors\tRomania\tS.R.L.Romania\nTesla\tMotors\tSales\tand\tService\tLLCTurkey\nTesla\tMotors\tSingapore\tHoldings\tPte.\tLtd.Singapore\nTesla\tMotors\tSingapore\tPrivate\tLimitedSingapore\nTesla\tMotors\tStichtingNetherlands\nTesla\tMotors\tTaiwan\tLimitedTaiwan\nTesla\tMotors\tTN,\tInc.Tennessee\nTesla\tMotors\tTX,\tInc.Texas\nTesla\tMotors\tUT,\tInc.Utah\nTesla\tNambe\tLLCDelaware\nTesla\tNew\tZealand\tULCNew\tZealand\nTesla\tNorway\tASNorway\nTesla\tPoland\tsp.\tz\to.o.Poland\nTesla\tProperty\t&Casualty,\tInc.California\nTesla\tPortugal,\tSociedade\tUnipessoal\tLDAPortugal\nTesla\tPuerto\tRico\tLLCPuerto\tRico\nTesla\tQatar\tLLCQatar\nTesla\tSales,\tInc.Delaware\nTesla\tSdn.\tBhd.Malaysia\nTesla\tShanghai\tCo.,\tLtdChina\nTesla\t(Shanghai)\tNew\tEnergy\tCo.,\tLTD.China\nTesla\tSpain,\tS.L.\tUnipersonalSpain\nTesla\tSwitzerland\tGmbHSwitzerland\nTesla\t(Thailand)\tLtd.Thailand\nTesla\tTH1\tLLCDelaware\nTesla\tTH2\tLLCDelaware\nTelsa\tToronto\tAutomation\tULCCanada\nTesla\tToronto\tInternational\tHoldings\tULCCanada\nTesla\tTransport\tB.V.Netherlands\nThe\tBig\tGreen\tSolar\tI,\tLLCDelaware\nThe\tBig\tGreen\tSolar\tManager\tI,\tLLCDelaware\nThree\tRivers\tSolar\t1,\tLLCDelaware\nThree\tRivers\tSolar\t2,\tLLCDelaware\nThree\tRivers\tSolar\t3,\tLLCDelaware\nThree\tRivers\tSolar\tManager\t1,\tLLCDelaware\nThree\tRivers\tSolar\tManager\t2,\tLLCDelaware\nThree\tRivers\tSolar\tManager\t3,\tLLCDelaware\nTM\tInternational\tC.V.Netherlands\nTM\tSweden\tABSweden\nUSB\tSolarCity\tManager\tIV,\tLLCDelaware\nUSB\tSolarCity\tMaster\tTenant\tIV,\tLLCCalifornia\nUSB\tSolarCity\tOwner\tIV,\tLLCCalifornia\nVisigoth\tSolar\t1,\tLLCDelaware\nVisigoth\tSolar\tHoldings,\tLLCDelaware\nVisigoth\tSolar\tManaging\tMember\t1,\tLLCDelaware\nVPP\tProject\t1\t(SA)\tPty\tLtd.Australia\nWeisshorn\tSolar\tI,\tLLCCayman\tIslands", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 122, "lines": { "from": 1, "to": 50 } } } }, { "pageContent": "Weisshorn\tSolar\tManager\tI,\tLLCDelaware\nZep\tSolar\tLLCCalifornia\nExhibit\t23.1\nCONSENT\tOF\tINDEPENDENT\tREGISTERED\tPUBLIC\tACCOUNTING\tFIRM\nWe\thereby\tconsent\tto\tthe\tincorporation\tby\treference\tin\tthe\tRegistration\tStatements\ton\tForm\tS-8\t(Nos.\t333-232079,\t333-223169,\t333-216376,\t333-\n209696,\t333-198002,\t333-187113,\t333-183033,\tand\t333-167874)\tof\tTesla,\tInc.\tof\tour\treport\tdated\tJanuary\t26,\t2024\trelating\tto\tthe\tfinancial\tstatements\nand\tthe\teffectiveness\tof\tinternal\tcontrol\tover\tfinancial\treporting,\twhich\tappears\tin\tthis\tForm\t10-K.\n/s/\tPricewaterhouseCoopers\tLLP\nSan\tJose,\tCalifornia\nJanuary\t26,\t2024\nExhibit\t31.1\nCERTIFICATIONS\nI,\tElon\tMusk,\tcertify\tthat:\n1.I\thave\treviewed\tthis\tAnnual\tReport\ton\tForm\t10-K\tof\tTesla,\tInc.;\n2.Based\ton\tmy\tknowledge,\tthis\treport\tdoes\tnot\tcontain\tany\tuntrue\tstatement\tof\ta\tmaterial\tfact\tor\tomit\tto\tstate\ta\tmaterial\tfact\tnecessary\tto\tmake\tthe\nstatements\tmade,\tin\tlight\tof\tthe\tcircumstances\tunder\twhich\tsuch\tstatements\twere\tmade,\tnot\tmisleading\twith\trespect\tto\tthe\tperiod\tcovered\tby\tthis\nreport;\n3.Based\ton\tmy\tknowledge,\tthe\tfinancial\tstatements,\tand\tother\tfinancial\tinformation\tincluded\tin\tthis\treport,\tfairly\tpresent\tin\tall\tmaterial\trespects\tthe\nfinancial\tcondition,\tresults\tof\toperations\tand\tcash\tflows\tof\tthe\tregistrant\tas\tof,\tand\tfor,\tthe\tperiods\tpresented\tin\tthis\treport;\n4.The\tregistrant’s\tother\tcertifying\tofficer\tand\tI\tare\tresponsible\tfor\testablishing\tand\tmaintaining\tdisclosure\tcontrols\tand\tprocedures\t(as\tdefined\tin\nExchange\tAct\tRules\t13a-15(e)\tand\t15d-15(e))\tand\tinternal\tcontrol\tover\tfinancial\treporting\t(as\tdefined\tin\tExchange\tAct\tRules\t13a-15(f)\tand\t15d-\n15(f))\tfor\tthe\tregistrant\tand\thave:\n(a)Designed\tsuch\tdisclosure\tcontrols\tand\tprocedures,\tor\tcaused\tsuch\tdisclosure\tcontrols\tand\tprocedures\tto\tbe\tdesigned\tunder\tour\nsupervision,\tto\tensure\tthat\tmaterial\tinformation\trelating\tto\tthe\tregistrant,\tincluding\tits\tconsolidated\tsubsidiaries,\tis\tmade\tknown\tto\tus\nby\tothers\twithin\tthose\tentities,\tparticularly\tduring\tthe\tperiod\tin\twhich\tthis\treport\tis\tbeing\tprepared;", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 123, "lines": { "from": 1, "to": 25 } } } }, { "pageContent": "(b)Designed\tsuch\tinternal\tcontrol\tover\tfinancial\treporting,\tor\tcaused\tsuch\tinternal\tcontrol\tover\tfinancial\treporting\tto\tbe\tdesigned\tunder\nour\tsupervision,\tto\tprovide\treasonable\tassurance\tregarding\tthe\treliability\tof\tfinancial\treporting\tand\tthe\tpreparation\tof\tfinancial\nstatements\tfor\texternal\tpurposes\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples;\n(c)Evaluated\tthe\teffectiveness\tof\tthe\tregistrant’s\tdisclosure\tcontrols\tand\tprocedures\tand\tpresented\tin\tthis\treport\tour\tconclusions\tabout\nthe\teffectiveness\tof\tthe\tdisclosure\tcontrols\tand\tprocedures,\tas\tof\tthe\tend\tof\tthe\tperiod\tcovered\tby\tthis\treport\tbased\ton\tsuch\tevaluation;\nand\n(d)Disclosed\tin\tthis\treport\tany\tchange\tin\tthe\tregistrant’s\tinternal\tcontrol\tover\tfinancial\treporting\tthat\toccurred\tduring\tthe\tregistrant’s\nmost\trecent\tfiscal\tquarter\t(the\tregistrant’s\tfourth\tfiscal\tquarter\tin\tthe\tcase\tof\tan\tannual\treport)\tthat\thas\tmaterially\taffected,\tor\tis\nreasonably\tlikely\tto\tmaterially\taffect,\tthe\tregistrant’s\tinternal\tcontrol\tover\tfinancial\treporting;\tand\n5.The\tregistrant’s\tother\tcertifying\tofficer\tand\tI\thave\tdisclosed,\tbased\ton\tour\tmost\trecent\tevaluation\tof\tinternal\tcontrol\tover\tfinancial\treporting,\tto\tthe\nregistrant’s\tauditors\tand\tthe\taudit\tcommittee\tof\tthe\tregistrant’s\tBoard\tof\tDirectors\t(or\tpersons\tperforming\tthe\tequivalent\tfunctions):\n(a)All\tsignificant\tdeficiencies\tand\tmaterial\tweaknesses\tin\tthe\tdesign\tor\toperation\tof\tinternal\tcontrol\tover\tfinancial\treporting\twhich\tare\nreasonably\tlikely\tto\tadversely\taffect\tthe\tregistrant’s\tability\tto\trecord,\tprocess,\tsummarize\tand\treport\tfinancial\tinformation;\tand\n(b)Any\tfraud,\twhether\tor\tnot\tmaterial,\tthat\tinvolves\tmanagement\tor\tother\temployees\twho\thave\ta\tsignificant\trole\tin\tthe\tregistrant’s", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 123, "lines": { "from": 26, "to": 39 } } } }, { "pageContent": "internal\tcontrol\tover\tfinancial\treporting.\nDate:\tJanuary\t26,\t2024/s/\tElon\tMusk\n\t\nElon\tMusk\n\tChief\tExecutive\tOfficer\n\t(Principal\tExecutive\tOfficer)\nExhibit\t31.2\nCERTIFICATIONS\nI,\tVaibhav\tTaneja,\tcertify\tthat:\n1.I\thave\treviewed\tthis\tAnnual\tReport\ton\tForm\t10-K\tof\tTesla,\tInc.;\n2.Based\ton\tmy\tknowledge,\tthis\treport\tdoes\tnot\tcontain\tany\tuntrue\tstatement\tof\ta\tmaterial\tfact\tor\tomit\tto\tstate\ta\tmaterial\tfact\tnecessary\tto\tmake\tthe\nstatements\tmade,\tin\tlight\tof\tthe\tcircumstances\tunder\twhich\tsuch\tstatements\twere\tmade,\tnot\tmisleading\twith\trespect\tto\tthe\tperiod\tcovered\tby\tthis\nreport;\n3.Based\ton\tmy\tknowledge,\tthe\tfinancial\tstatements,\tand\tother\tfinancial\tinformation\tincluded\tin\tthis\treport,\tfairly\tpresent\tin\tall\tmaterial\trespects\tthe\nfinancial\tcondition,\tresults\tof\toperations\tand\tcash\tflows\tof\tthe\tregistrant\tas\tof,\tand\tfor,\tthe\tperiods\tpresented\tin\tthis\treport;\n4.The\tregistrant’s\tother\tcertifying\tofficer\tand\tI\tare\tresponsible\tfor\testablishing\tand\tmaintaining\tdisclosure\tcontrols\tand\tprocedures\t(as\tdefined\tin\nExchange\tAct\tRules\t13a-15(e)\tand\t15d-15(e))\tand\tinternal\tcontrol\tover\tfinancial\treporting\t(as\tdefined\tin\tExchange\tAct\tRules\t13a-15(f)\tand\t15d-\n15(f))\tfor\tthe\tregistrant\tand\thave:\n(a)Designed\tsuch\tdisclosure\tcontrols\tand\tprocedures,\tor\tcaused\tsuch\tdisclosure\tcontrols\tand\tprocedures\tto\tbe\tdesigned\tunder\tour\nsupervision,\tto\tensure\tthat\tmaterial\tinformation\trelating\tto\tthe\tregistrant,\tincluding\tits\tconsolidated\tsubsidiaries,\tis\tmade\tknown\tto\tus\nby\tothers\twithin\tthose\tentities,\tparticularly\tduring\tthe\tperiod\tin\twhich\tthis\treport\tis\tbeing\tprepared;\n(b)Designed\tsuch\tinternal\tcontrol\tover\tfinancial\treporting,\tor\tcaused\tsuch\tinternal\tcontrol\tover\tfinancial\treporting\tto\tbe\tdesigned\tunder\nour\tsupervision,\tto\tprovide\treasonable\tassurance\tregarding\tthe\treliability\tof\tfinancial\treporting\tand\tthe\tpreparation\tof\tfinancial\nstatements\tfor\texternal\tpurposes\tin\taccordance\twith\tgenerally\taccepted\taccounting\tprinciples;", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 124, "lines": { "from": 1, "to": 24 } } } }, { "pageContent": "(c)Evaluated\tthe\teffectiveness\tof\tthe\tregistrant’s\tdisclosure\tcontrols\tand\tprocedures\tand\tpresented\tin\tthis\treport\tour\tconclusions\tabout\nthe\teffectiveness\tof\tthe\tdisclosure\tcontrols\tand\tprocedures,\tas\tof\tthe\tend\tof\tthe\tperiod\tcovered\tby\tthis\treport\tbased\ton\tsuch\tevaluation;\nand\n(d)Disclosed\tin\tthis\treport\tany\tchange\tin\tthe\tregistrant’s\tinternal\tcontrol\tover\tfinancial\treporting\tthat\toccurred\tduring\tthe\tregistrant’s\nmost\trecent\tfiscal\tquarter\t(the\tregistrant’s\tfourth\tfiscal\tquarter\tin\tthe\tcase\tof\tan\tannual\treport)\tthat\thas\tmaterially\taffected,\tor\tis\nreasonably\tlikely\tto\tmaterially\taffect,\tthe\tregistrant’s\tinternal\tcontrol\tover\tfinancial\treporting;\tand\n5.The\tregistrant’s\tother\tcertifying\tofficer\tand\tI\thave\tdisclosed,\tbased\ton\tour\tmost\trecent\tevaluation\tof\tinternal\tcontrol\tover\tfinancial\treporting,\tto\tthe\nregistrant’s\tauditors\tand\tthe\taudit\tcommittee\tof\tthe\tregistrant’s\tBoard\tof\tDirectors\t(or\tpersons\tperforming\tthe\tequivalent\tfunctions):\n(a)All\tsignificant\tdeficiencies\tand\tmaterial\tweaknesses\tin\tthe\tdesign\tor\toperation\tof\tinternal\tcontrol\tover\tfinancial\treporting\twhich\tare\nreasonably\tlikely\tto\tadversely\taffect\tthe\tregistrant’s\tability\tto\trecord,\tprocess,\tsummarize\tand\treport\tfinancial\tinformation;\tand\n(b)Any\tfraud,\twhether\tor\tnot\tmaterial,\tthat\tinvolves\tmanagement\tor\tother\temployees\twho\thave\ta\tsignificant\trole\tin\tthe\tregistrant’s\ninternal\tcontrol\tover\tfinancial\treporting.\nDate:\tJanuary\t26,\t2024/s/\tVaibhav\tTaneja\n\t\nVaibhav\tTaneja\n\tChief\tFinancial\tOfficer\n\t(Principal\tFinancial\tOfficer\tand\t\nPrincipal\tAccounting\tOfficer)\nExhibit\t32.1\nSECTION\t1350\tCERTIFICATIONS\nI,\tElon\tMusk,\tcertify,\tpursuant\tto\t18\tU.S.C.\tSection\t1350,\tthat,\tto\tmy\tknowledge,\tthe\tAnnual\tReport\tof\tTesla,\tInc.\ton\tForm\t10-K\tfor\tthe\tannual\tperiod\tended\nDecember\t31,\t2023,\t(i)\tfully\tcomplies\twith\tthe\trequirements\tof\tSection\t13(a)\tor\t15(d)\tof\tthe\tSecurities\tExchange\tAct\tof\t1934\tand\t(ii)\tthat\tthe\tinformation", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 124, "lines": { "from": 25, "to": 46 } } } }, { "pageContent": "contained\tin\tsuch\tForm\t10-K\tfairly\tpresents,\tin\tall\tmaterial\trespects,\tthe\tfinancial\tcondition\tand\tresults\tof\toperations\tof\tTesla,\tInc.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 124, "lines": { "from": 47, "to": 47 } } } }, { "pageContent": "Date:\tJanuary\t26,\t2024/s/\tElon\tMusk\n\t\nElon\tMusk\n\tChief\tExecutive\tOfficer\n\t(Principal\tExecutive\tOfficer)\nI,\tVaibhav\tTaneja,\tcertify,\tpursuant\tto\t18\tU.S.C.\tSection\t1350,\tthat,\tto\tmy\tknowledge,\tthe\tAnnual\tReport\tof\tTesla,\tInc.\ton\tForm\t10-K\tfor\tthe\tannual\tperiod\nended\tDecember\t31,\t2023,\t(i)\tfully\tcomplies\twith\tthe\trequirements\tof\tSection\t13(a)\tor\t15(d)\tof\tthe\tSecurities\tExchange\tAct\tof\t1934\tand\t(ii)\tthat\tthe\ninformation\tcontained\tin\tsuch\tForm\t10-K\tfairly\tpresents,\tin\tall\tmaterial\trespects,\tthe\tfinancial\tcondition\tand\tresults\tof\toperations\tof\tTesla,\tInc.\nDate:\tJanuary\t26,\t2024/s/\tVaibhav\tTaneja\n\t\nVaibhav\tTaneja\n\tChief\tFinancial\tOfficer\n\t(Principal\tFinancial\tOfficer\tand\n\tPrincipal\tAccounting\tOfficer)\nExhibit\t97\nTesla,\tInc.\nCLAWBACK\tPOLICY\nThe\tCompensation\tCommittee\t(the\t“Committee”)\tof\tthe\tBoard\tof\tDirectors\t(the\t“Board”)\tof\tTesla,\tInc.\t(the\t“Company”)\nbelieves\tthat\tit\tis\tappropriate\tfor\tthe\tCompany\tto\tadopt\tthis\tClawback\tPolicy\t(this\t“Policy”)\tto\tbe\tapplied\tto\tthe\tcertain\nexecutive\tofficers\tof\tthe\tCompany\tand\tadopts\tthis\tPolicy\tto\tbe\teffective\tas\tof\tthe\tEffective\tDate.\n1.Definitions\nFor\tpurposes\tof\tthis\tPolicy,\tthe\tfollowing\tdefinitions\tshall\tapply:\na)“Company\tGroup”\tmeans\tthe\tCompany\tand\teach\tof\tits\tSubsidiaries,\tas\tapplicable.\nb)“Covered\tCompensation”\tmeans\tany\tIncentive-Based\tCompensation\tReceived\tby\ta\tperson\twho\tserved\tas\tan\nExecutive\tOfficer\tat\tany\ttime\tduring\tthe\tperformance\tperiod\tfor\tsuch\tIncentive-Based\tCompensation\tand\tthat\twas\nReceived\t(i)\ton\tor\tafter\tOctober\t2,\t2023\tand\t(ii)\tafter\tthe\tperson\tbecame\tan\tExecutive\tOfficer.\nc)“Effective\tDate”\tmeans\tNovember\t15,\t2023.\nd)“Erroneously\tAwarded\tCompensation”\tmeans\tthe\tamount\tof\tCovered\tCompensation\tReceived\tby\ta\tperson\tduring\nthe\tfiscal\tperiod\twhen\tthe\tapplicable\tFinancial\tReporting\tMeasure\trelating\tto\tsuch\tCovered\tCompensation\twas\nattained\tthat\texceeds\tthe\tamount\tof\tCovered\tCompensation\tthat\totherwise\twould\thave\tbeen\tReceived\tby\tsuch", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 125, "lines": { "from": 1, "to": 30 } } } }, { "pageContent": "person\thad\tsuch\tamount\tbeen\tdetermined\tbased\ton\tthe\tapplicable\tRestatement,\tcomputed\twithout\tregard\tto\tany\ntaxes\tpaid\t(i.e.,\ton\ta\tpre-tax\tbasis).\tFor\tCovered\tCompensation\tbased\ton\tstock\tprice\tor\ttotal\tshareholder\treturn,\nwhere\tthe\tamount\tof\tErroneously\tAwarded\tCompensation\tis\tnot\tsubject\tto\tmathematical\trecalculation\tdirectly\nfrom\tthe\tinformation\tin\ta\tRestatement,\tthe\tCommittee\twill\tdetermine\tthe\tamount\tof\tsuch\tCovered\tCompensation\nthat\tconstitutes\tErroneously\tAwarded\tCompensation,\tif\tany,\tbased\ton\ta\treasonable\testimate\tof\tthe\teffect\tof\tthe\nRestatement\ton\tthe\tstock\tprice\tor\ttotal\tshareholder\treturn\tupon\twhich\tthe\tCovered\tCompensation\twas\tgranted,\nvested\tor\tpaid\tand\tthe\tCommittee\tshall\tmaintain\tdocumentation\tof\tsuch\tdetermination\tand\tprovide\tsuch\ndocumentation\tto\tNasdaq.\ne)“Exchange\tAct”\tmeans\tthe\tU.S.\tSecurities\tExchange\tAct\tof\t1934,\tas\tamended.\nf)“Executive\tOfficer”\tmeans\teach\t“executive\tofficer”\tof\tthe\tCompany\t(as\tdefined\tin\tRule\t10D-1(d)\tunder\tthe\nExchange\tAct),\twhich\tshall\tbe\tdeemed\tto\tinclude\tany\tindividuals\tidentified\tby\tthe\tCompany\tas\texecutive\tofficers\npursuant\tto\tItem\t401(b)\tof\tRegulation\tS-K\tunder\tthe\tExchange\tAct.\tBoth\tcurrent\tand\tformer\tExecutive\tOfficers\nare\tsubject\tto\tthe\tPolicy\tin\taccordance\twith\tits\tterms.\n1", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 125, "lines": { "from": 31, "to": 44 } } } }, { "pageContent": "g)“Financial\tReporting\tMeasure”\tmeans\t(i)\tany\tmeasure\tthat\tis\tdetermined\tand\tpresented\tin\taccordance\twith\tthe\naccounting\tprinciples\tused\tin\tpreparing\tthe\tCompany’s\tfinancial\tstatements,\tand\tany\tmeasures\tderived\twholly\tor\nin\tpart\tfrom\tsuch\tmeasures\tand\tmay\tconsist\tof\tGAAP\tor\tnon-GAAP\tfinancial\tmeasures\t(as\tdefined\tunder\nRegulation\tG\tof\tthe\tExchange\tAct\tand\tItem\t10\tof\tRegulation\tS-K\tunder\tthe\tExchange\tAct),\t(ii)\tstock\tprice\tor\t(iii)\ntotal\tshareholder\treturn.\tFinancial\tReporting\tMeasures\tmay\tor\tmay\tnot\tbe\tfiled\twith\tthe\tSEC\tand\tmay\tbe\npresented\toutside\tthe\tCompany’s\tfinancial\tstatements,\tsuch\tas\tin\tManagements’\tDiscussion\tand\tAnalysis\tof\nFinancial\tConditions\tand\tResult\tof\tOperations\tor\tin\tthe\tperformance\tgraph\trequired\tunder\tItem\t201(e)\tof\nRegulation\tS-K\tunder\tthe\tExchange\tAct.\nh)“Incentive-Based\tCompensation”\tmeans\tany\tcompensation\tthat\tis\tgranted,\tearned\tor\tvested\tbased\twholly\tor\tin\npart\tupon\tthe\tattainment\tof\ta\tFinancial\tReporting\tMeasure.\ni)“Lookback\tPeriod”\tmeans\tthe\tthree\tcompleted\tfiscal\tyears\t(plus\tany\ttransition\tperiod\tof\tless\tthan\tnine\tmonths\nthat\tis\twithin\tor\timmediately\tfollowing\tthe\tthree\tcompleted\tfiscal\tyears\tand\tthat\tresults\tfrom\ta\tchange\tin\tthe\nCompany’s\tfiscal\tyear)\timmediately\tpreceding\tthe\tdate\ton\twhich\tthe\tCompany\tis\trequired\tto\tprepare\ta\nRestatement\tfor\ta\tgiven\treporting\tperiod,\twith\tsuch\tdate\tbeing\tthe\tearlier\tof:\t(i)\tthe\tdate\tthe\tBoard,\ta\tcommittee\nof\tthe\tBoard,\tor\tthe\tofficer\tor\tofficers\tof\tthe\tCompany\tauthorized\tto\ttake\tsuch\taction\tif\tBoard\taction\tis\tnot\nrequired,\tconcludes,\tor\treasonably\tshould\thave\tconcluded,\tthat\tthe\tCompany\tis\trequired\tto\tprepare\ta\nRestatement,\tor\t(ii)\tthe\tdate\ta\tcourt,\tregulator\tor\tother\tlegally\tauthorized\tbody\tdirects\tthe\tCompany\tto\tprepare\ta\nRestatement.\tRecovery\tof\tany\tErroneously\tAwarded\tCompensation\tunder\tthe\tPolicy\tis\tnot\tdependent\ton\tif\tor\nwhen\tthe\tRestatement\tis\tactually\tfiled.\nj)“Nasdaq”\tmeans\tthe\tNasdaq\tStock\tMarket.", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 126, "lines": { "from": 1, "to": 20 } } } }, { "pageContent": "j)“Nasdaq”\tmeans\tthe\tNasdaq\tStock\tMarket.\nk)“Received”:\tIncentive-Based\tCompensation\tis\tdeemed\t“Received”\tin\tthe\tCompany’s\tfiscal\tperiod\tduring\twhich\nthe\tFinancial\tReporting\tMeasure\tspecified\tin\tor\totherwise\trelating\tto\tthe\tIncentive-Based\tCompensation\taward\tis\nattained,\teven\tif\tthe\tgrant,\tcertification\tof\tachievement,\tvesting\tor\tpayment\tof\tthe\tIncentive-Based\tCompensation\noccurs\tafter\tthe\tend\tof\tthat\tperiod.\nl)“Restatement”\tmeans\tan\taccounting\trestatement\trequired\tdue\tto\tthe\tmaterial\tnoncompliance\tby\tthe\tCompany\nwith\tany\tfinancial\treporting\trequirement\tunder\tthe\tsecurities\tlaws,\tincluding\t(i)\tto\tcorrect\tan\terror\tin\tpreviously\nissued\tfinancial\tstatements\tthat\tis\tmaterial\tto\tthe\tpreviously\tissued\tfinancial\tstatements\t(commonly\treferred\tto\nas\ta\t“Big\tR”\trestatement)\tor\t(ii)\tto\tcorrect\tan\terror\tin\tpreviously\tissued\tfinancial\tstatements\tthat\tis\tnot\tmaterial\nto\tthe\tpreviously\tissued\tfinancial\tstatements\tbut\tthat\twould\tresult\tin\ta\tmaterial\tmisstatement\tif\tthe\terror\twere\ncorrected\tin\tthe\tcurrent\tperiod\tor\tleft\tuncorrected\tin\tthe\tcurrent\tperiod\t(commonly\treferred\tto\tas\ta\t“little\tr”\nrestatement).\tChanges\tto\tthe\tCompany’s\tfinancial\tstatements\tthat\tdo\tnot\trepresent\terror\tcorrections\tunder\tthe\nthen-current\trelevant\taccounting\tstandards\twill\tnot\tconstitute\tRestatements.\n2", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 126, "lines": { "from": 20, "to": 33 } } } }, { "pageContent": "m)“SEC”\tmeans\tthe\tU.S.\tSecurities\tand\tExchange\tCommission.\nn)“Subsidiary”\tmeans\tany\tdomestic\tor\tforeign\tcorporation,\tpartnership,\tassociation,\tjoint\tstock\tcompany,\tjoint\nventure,\ttrust\tor\tunincorporated\torganization\t“affiliated”\twith\tthe\tCompany,\tthat\tis,\tdirectly\tor\tindirectly,\tthrough\none\tor\tmore\tintermediaries,\t“controlling”,\t“controlled\tby”\tor\t“under\tcommon\tcontrol\twith”,\tthe\tCompany.\n“Control”\tfor\tthis\tpurpose\tmeans\tthe\tpossession,\tdirect\tor\tindirect,\tof\tthe\tpower\tto\tdirect\tor\tcause\tthe\tdirection\tof\nthe\tmanagement\tand\tpolicies\tof\tsuch\tperson,\twhether\tthrough\tthe\townership\tof\tvoting\tsecurities,\tcontract\tor\notherwise.\n2.Recoupment\tof\tErroneously\tAwarded\tCompensation\nIn\tthe\tevent\tof\ta\tRestatement,\tany\tErroneously\tAwarded\tCompensation\tReceived\tduring\tthe\tLookback\tPeriod\tthat\t(a)\tis\nthen-outstanding\tbut\thas\tnot\tyet\tbeen\tpaid\tshall\tbe\tautomatically\tand\timmediately\tforfeited\tor\t(b)\thas\tbeen\tpaid\tto\tany\nperson\tshall\tbe\tsubject\tto\treasonably\tprompt\trepayment\tto\tthe\tCompany\tGroup\tin\taccordance\twith\tSection\t3\tof\tthis\tPolicy.\nThe\tCommittee\tmust\tpursue\t(and\tshall\tnot\thave\tthe\tdiscretion\tto\twaive)\tthe\tforfeiture\tand/or\trepayment\tof\tsuch\nErroneously\tAwarded\tCompensation\tin\taccordance\twith\tSection\t3\tof\tthis\tPolicy,\texcept\tas\tprovided\tbelow.\tRecovery\tof\tany\nErroneously\tAwarded\tCompensation\tunder\tthe\tPolicy\tis\tnot\tdependent\ton\tfraud\tor\tmisconduct\tby\tany\tperson\tin\tconnection\nwith\tthe\tRestatement.\nNotwithstanding\tthe\tforegoing,\tthe\tCommittee\t(or,\tif\tthe\tCommittee\tis\tnot\ta\tcommittee\tof\tthe\tBoard\tresponsible\tfor\tthe\nCompany’s\texecutive\tcompensation\tdecisions\tand\tcomposed\tentirely\tof\tindependent\tdirectors,\ta\tmajority\tof\tthe\nindependent\tdirectors\tserving\ton\tthe\tBoard)\tmay\tdetermine\tnot\tto\tpursue\tthe\tforfeiture\tand/or\trecovery\tof\tErroneously\nAwarded\tCompensation\tfrom\tany\tperson\tif\tthe\tCommittee\tdetermines\tthat\tsuch\tforfeiture\tand/or\trecovery\twould\tbe\nimpracticable\tdue\tto\tany\tof\tthe\tfollowing\tcircumstances:\t(i)\tthe\tdirect\texpense\tpaid\tto\ta\tthird\tparty\t(for\texample,", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 127, "lines": { "from": 1, "to": 20 } } } }, { "pageContent": "reasonable\tlegal\texpenses\tand\tconsulting\tfees)\tto\tassist\tin\tenforcing\tthe\tPolicy\twould\texceed\tthe\tamount\tto\tbe\trecovered\n(following\treasonable\tattempts\tby\tthe\tCompany\tGroup\tto\trecover\tsuch\tErroneously\tAwarded\tCompensation,\tthe\ndocumentation\tof\tsuch\tattempts,\tand\tthe\tprovision\tof\tsuch\tdocumentation\tto\tthe\tNasdaq)\tor\t(ii)\trecovery\twould\tlikely\ncause\tany\totherwise\ttax-qualified\tretirement\tplan,\tunder\twhich\tbenefits\tare\tbroadly\tavailable\tto\temployees\tof\tCompany\nGroup,\tto\tfail\tto\tmeet\tthe\trequirements\tof\t26\tU.S.C.\n401(a)(13)\tor\t26\tU.S.C.\t411(a)\tand\tregulations\tthereunder.\n3.Means\tof\tRepayment\nIn\tthe\tevent\tthat\tthe\tCommittee\tdetermines\tthat\tany\tperson\tshall\trepay\tany\tErroneously\tAwarded\tCompensation,\tthe\nCommittee\tshall\tprovide\twritten\tnotice\tto\tsuch\tperson\tby\temail\tor\tcertified\tmail\tto\tthe\tphysical\taddress\ton\tfile\twith\tthe\nCompany\tGroup\tfor\tsuch\tperson,\tand\tthe\tperson\tshall\tsatisfy\tsuch\trepayment\tin\ta\tmanner\tand\ton\tsuch\tterms\tas\trequired\nby\tthe\tCommittee,\tand\tthe\tCompany\tGroup\tshall\tbe\tentitled\tto\tset\toff\tthe\trepayment\tamount\tagainst\tany\tamount\towed\tto\nthe\tperson\tby\tthe\tCompany\tGroup,\tto\trequire\tthe\tforfeiture\tof\tany\taward\tgranted\tby\tthe\tCompany\tGroup\tto\tthe\tperson,\tor\nto\ttake\tany\tand\tall\tnecessary\tactions\tto\treasonably\tpromptly\trecoup\tthe\trepayment\tamount\tfrom\tthe\tperson,\tin\teach\tcase,\nto\tthe\tfullest\textent\tpermitted\tunder\tapplicable\tlaw,\tincluding\twithout\tlimitation,\tSection\t409A\tof\tthe\tU.S.\n3", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 127, "lines": { "from": 21, "to": 35 } } } }, { "pageContent": "Internal\tRevenue\tCode\tand\tthe\tregulations\tand\tguidance\tthereunder.\tIf\tthe\tCommittee\tdoes\tnot\tspecify\ta\trepayment\ntiming\tin\tthe\twritten\tnotice\tdescribed\tabove,\tthe\tapplicable\tperson\tshall\tbe\trequired\tto\trepay\tthe\tErroneously\tAwarded\nCompensation\tto\tthe\tCompany\tGroup\tby\twire,\tcash\tor\tcashier’s\tcheck\tno\tlater\tthan\tthirty\t(30)\tdays\tafter\treceipt\tof\tsuch\nnotice.\n4.No\tIndemnification\nNo\tperson\tshall\tbe\tindemnified,\tinsured\tor\treimbursed\tby\tthe\tCompany\tGroup\tin\trespect\tof\tany\tloss\tof\tcompensation\tby\nsuch\tperson\tin\taccordance\twith\tthis\tPolicy,\tnor\tshall\tany\tperson\treceive\tany\tadvancement\tof\texpenses\tfor\tdisputes\trelated\nto\tany\tloss\tof\tcompensation\tby\tsuch\tperson\tin\taccordance\twith\tthis\tPolicy,\tand\tno\tperson\tshall\tbe\tpaid\tor\treimbursed\tby\nthe\tCompany\tGroup\tfor\tany\tpremiums\tpaid\tby\tsuch\tperson\tfor\tany\tthird-party\tinsurance\tpolicy\tcovering\tpotential\trecovery\nobligations\tunder\tthis\tPolicy.\n5.Miscellaneous\nThis\tPolicy\tgenerally\twill\tbe\tadministered\tand\tinterpreted\tby\tthe\tCommittee,\tprovided\tthat\tthe\tBoard\tmay,\tfrom\ttime\tto\ntime,\texercise\tdiscretion\tto\tadminister\tand\tinterpret\tthis\tPolicy,\tin\twhich\tcase,\tall\treferences\therein\tto\t“Committee”\tshall\tbe\ndeemed\tto\trefer\tto\tthe\tBoard.\tAny\tdetermination\tby\tthe\tCommittee\twith\trespect\tto\tthis\tPolicy\tshall\tbe\tfinal,\tconclusive\tand\nbinding\ton\tall\tinterested\tparties.\tAny\tdiscretionary\tdeterminations\tof\tthe\tCommittee\tunder\tthis\tPolicy,\tif\tany,\tneed\tnot\tbe\nuniform\twith\trespect\tto\tall\tpersons,\tand\tmay\tbe\tmade\tselectively\tamongst\tpersons,\twhether\tor\tnot\tsuch\tpersons\tare\nsimilarly\tsituated.\nThis\tPolicy\tis\tintended\tto\tsatisfy\tthe\trequirements\tof\tSection\t954\tof\tthe\tDodd-Frank\tWall\tStreet\tReform\tand\tConsumer\nProtection\tAct,\tas\tit\tmay\tbe\tamended\tfrom\ttime\tto\ttime,\tRule\t10D-\t1\tunder\tthe\tExchange\tAct,\tand\tany\trelated\trules\tor\nregulations\tpromulgated\tby\tthe\tSEC\tor\tthe\tNasdaq,\tincluding\tany\tadditional\tor\tnew\trequirements\tthat\tbecome\teffective", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 128, "lines": { "from": 1, "to": 20 } } } }, { "pageContent": "after\tthe\tEffective\tDate\twhich\tupon\teffectiveness\tshall\tbe\tdeemed\tto\tautomatically\tamend\tthis\tPolicy\tto\tthe\textent\nnecessary\tto\tcomply\twith\tsuch\tadditional\tor\tnew\trequirements.\nThe\tprovisions\tin\tthis\tPolicy\tare\tintended\tto\tbe\tapplied\tto\tthe\tfullest\textent\tof\tthe\tlaw.\tTo\tthe\textent\tthat\tany\tprovision\nof\tthis\tPolicy\tis\tfound\tto\tbe\tunenforceable\tor\tinvalid\tunder\tany\tapplicable\tlaw,\tsuch\tprovision\twill\tbe\tapplied\tto\tthe\nmaximum\textent\tpermitted\tand\tshall\tautomatically\tbe\tdeemed\tamended\tin\ta\tmanner\tconsistent\twith\tits\tobjectives\tto\tthe\nextent\tnecessary\tto\tconform\tto\tapplicable\tlaw.\tThe\tinvalidity\tor\tunenforceability\tof\tany\tprovision\tof\tthis\tPolicy\tshall\tnot\naffect\tthe\tvalidity\tor\tenforceability\tof\tany\tother\tprovision\tof\tthis\tPolicy.\tRecoupment\tof\tErroneously\tAwarded\tCompensation\nunder\tthis\tPolicy\tis\tnot\tdependent\tupon\tthe\tCompany\tGroup\tsatisfying\tany\tconditions\tin\tthis\tPolicy,\tincluding\tany\nrequirements\tto\tprovide\tapplicable\tdocumentation\tto\tthe\tNasdaq.\nThe\trights\tof\tthe\tCompany\tGroup\tunder\tthis\tPolicy\tto\tseek\tforfeiture\tor\treimbursement\tare\tin\taddition\tto,\tand\tnot\tin\nlieu\tof,\tany\trights\tof\trecoupment,\tor\tremedies\tor\trights\tother\tthan\trecoupment,\tthat\tmay\tbe\tavailable\tto\tthe\tCompany\nGroup\tpursuant\tto\tthe\tterms\tof\tany\tlaw,\tgovernment\tregulation\tor\tstock\texchange\tlisting\trequirement\tor\tany\tother\tpolicy,\ncode\tof\n4", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 128, "lines": { "from": 21, "to": 34 } } } }, { "pageContent": "conduct,\temployee\thandbook,\temployment\tagreement,\tequity\taward\tagreement,\tor\tother\tplan\tor\tagreement\tof\tthe\nCompany\tGroup.\n6.Amendment\tand\tTermination\nTo\tthe\textent\tpermitted\tby,\tand\tin\ta\tmanner\tconsistent\twith\tapplicable\tlaw,\tincluding\tSEC\tand\tNasdaq\trules,\tthe\nCommittee\tmay\tterminate,\tsuspend\tor\tamend\tthis\tPolicy\tat\tany\ttime\tin\tits\tdiscretion.\n7.Successors\nThis\tPolicy\tshall\tbe\tbinding\tand\tenforceable\tagainst\tall\tpersons\tand\ttheir\trespective\tbeneficiaries,\theirs,\texecutors,\nadministrators\tor\tother\tlegal\trepresentatives\twith\trespect\tto\tany\tCovered\tCompensation\tgranted,\tvested\tor\tpaid\tto\tor\nadministered\tby\tsuch\tpersons\tor\tentities.\n8.Agreement\tto\tArbitrate;\tGoverning\tLaw;\tVenue\nThis\tPolicy\tand\tall\trights\tand\tobligations\thereunder\twill\tbe\tgoverned\tby\tand\tinterpreted\tin\taccordance\twith\tTexas\tlaw.\t\nAny\tdispute\tarising\tfrom\tor\trelating\tto\tthis\tPolicy\tshall\tbe\tsubject\tto\tbinding\tarbitration\tin\taccordance\twith\tthe\tthen-current\nStreamlined\tArbitration\tRules\tof\tthe\tJudicial\tArbitration\tand\tMediation\tServices\t(“JAMS”).\t\tThe\texistence,\tcontent\tand\tresult\nof\tthe\tarbitration\tshall\tbe\theld\tin\tconfidence\tby\tthe\tparties,\ttheir\trepresentatives,\tany\tother\tparticipants\tand\tthe\tarbitrator.\t\nThe\tarbitration\twill\tbe\tconducted\tby\ta\tsingle\tarbitrator\tselected\tby\tagreement\tof\tthe\tparties\tor,\tfailing\tsuch\tagreement,\nappointed\tin\taccordance\twith\tthe\tJAMS\trules.\t\tThe\tarbitration\tshall\tbe\tconducted\tin\tEnglish\tand\tin\tAustin,\tTexas.\t\tEach\nparty\twill\tbear\tits\town\texpenses\tin\tthe\tarbitration\tand\twill\tshare\tequally\tthe\tcosts\tof\tthe\tarbitration;\tprovided,\thowever,\nthat\tthe\tarbitrator\tmay,\tin\tits\tdiscretion,\taward\treasonable\tcosts\tand\tfees\tto\tthe\tprevailing\tparty.\t\tJudgment\tupon\tthe\naward\trendered\tin\tthe\tarbitration\tmay\tbe\tentered\tin\tany\tcourt\tof\tcompetent\tjurisdiction.\t\tIf\tany\tdispute\tin\tarbitration\tunder\nthis\tPolicy\tis\tsubstantially\tthe\tsame\tor\tinvolves\tcommon\tissues\tof\tlaw\tor\tfact,\teither\tparty\tshall\tbe\tentitled\tto\trequire\tthat", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 129, "lines": { "from": 1, "to": 20 } } } }, { "pageContent": "any\tsuch\tdispute\tbe\tconsolidated\twith\tthe\trelevant\tarbitration\tpursuant\thereto,\tand\tthe\tother\tparty\tshall\tpermit,\tand\tco-\noperate\tin,\tsuch\tconsolidation.\t\t\n5", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 129, "lines": { "from": 21, "to": 23 } } } }, { "pageContent": "Tesla,\tInc.\nCLAWBACK\tPOLICY\nACKNOWLEDGMENT,\tCONSENT\tAND\tAGREEMENT\nI\tacknowledge\tthat\tI\thave\treceived\tand\treviewed\ta\tcopy\tof\tthe\tTesla,\tInc.\tClawback\tPolicy\t(as\tmay\tbe\tamended\tfrom\ntime\tto\ttime,\tthe\t“Policy”)\tand\tI\thave\tbeen\tgiven\tan\topportunity\tto\task\tquestions\tabout\tthe\tPolicy\tand\treview\tit\twith\tmy\ncounsel.\tI\tknowingly,\tvoluntarily\tand\tirrevocably\tconsent\tto\tand\tagree\tto\tbe\tbound\tby\tand\tsubject\tto\tthe\tPolicy’s\tterms\tand\nconditions,\tincluding\tthat\tI\twill\treturn\tany\tErroneously\tAwarded\tCompensation\tthat\tis\trequired\tto\tbe\trepaid\tin\taccordance\nwith\tthe\tPolicy.\tI\tfurther\tacknowledge,\tunderstand\tand\tagree\tthat\t(i)\tthe\tcompensation\tthat\tI\treceive,\thave\treceived\tor\tmay\nbecome\tentitled\tto\treceive\tfrom\tthe\tCompany\tGroup\tis\tsubject\tto\tthe\tPolicy,\tand\tthe\tPolicy\tmay\taffect\tsuch\tcompensation\nand\t(ii)\tI\thave\tno\tright\tto\tindemnification,\tinsurance\tpayments\tor\tother\treimbursement\tby\tor\tfrom\tthe\tCompany\tGroup\tfor\nany\tcompensation\tthat\tis\tsubject\tto\trecoupment\tand/or\tforfeiture\tunder\tthe\tPolicy.\nCapitalized\tterms\tused\tbut\tnot\tdefined\therein\thave\tthe\tmeanings\tset\tforth\tin\tthe\tPolicy.\nSigned:\nPrint\tName:\nDate:", "metadata": { "source": "./test_docs/test-tsla-10k-2023.pdf", "pdf": { "version": "1.10.100", "info": { "PDFFormatVersion": "1.4", "IsAcroFormPresent": false, "IsXFAPresent": false, "Title": "", "Creator": "wkhtmltopdf 0.12.6", "Producer": "Qt 5.15.2", "CreationDate": "D:20240129111114Z" }, "metadata": null, "totalPages": 130 }, "loc": { "pageNumber": 130, "lines": { "from": 1, "to": 15 } } } } ] ================================================ FILE: backend/src/shared/configuration.ts ================================================ /** * Define the configurable parameters for the agent. */ import { Annotation } from '@langchain/langgraph'; import { RunnableConfig } from '@langchain/core/runnables'; /** * typeof ConfigurationAnnotation.State class for indexing and retrieval operations. * * This annotation defines the parameters needed for configuring the indexing and * retrieval processes, including user identification, embedding model selection, * retriever provider choice, and search parameters. */ export const BaseConfigurationAnnotation = Annotation.Root({ /** * The vector store provider to use for retrieval. * Options are 'supabase', but you can add more providers here and create their own retriever functions */ retrieverProvider: Annotation<'supabase'>, /** * Additional keyword arguments to pass to the search function of the retriever for filtering. */ // eslint-disable-next-line @typescript-eslint/no-explicit-any filterKwargs: Annotation>, /** * The number of documents to retrieve. */ k: Annotation, }); /** * Create an typeof BaseConfigurationAnnotation.State instance from a RunnableConfig object. * * @param config - The configuration object to use. * @returns An instance of typeof BaseConfigurationAnnotation.State with the specified configuration. */ export function ensureBaseConfiguration( config: RunnableConfig, ): typeof BaseConfigurationAnnotation.State { const configurable = (config?.configurable || {}) as Partial< typeof BaseConfigurationAnnotation.State >; return { retrieverProvider: configurable.retrieverProvider || 'supabase', filterKwargs: configurable.filterKwargs || {}, k: configurable.k || 5, }; } ================================================ FILE: backend/src/shared/retrieval.ts ================================================ import { VectorStoreRetriever } from '@langchain/core/vectorstores'; import { OpenAIEmbeddings } from '@langchain/openai'; import { SupabaseVectorStore } from '@langchain/community/vectorstores/supabase'; import { createClient } from '@supabase/supabase-js'; import { RunnableConfig } from '@langchain/core/runnables'; import { BaseConfigurationAnnotation, ensureBaseConfiguration, } from './configuration.js'; export async function makeSupabaseRetriever( configuration: typeof BaseConfigurationAnnotation.State, ): Promise { if (!process.env.SUPABASE_URL || !process.env.SUPABASE_SERVICE_ROLE_KEY) { throw new Error( 'SUPABASE_URL or SUPABASE_SERVICE_ROLE_KEY environment variables are not defined', ); } const embeddings = new OpenAIEmbeddings({ model: 'text-embedding-3-small', }); const supabaseClient = createClient( process.env.SUPABASE_URL ?? '', process.env.SUPABASE_SERVICE_ROLE_KEY ?? '', ); const vectorStore = new SupabaseVectorStore(embeddings, { client: supabaseClient, tableName: 'documents', queryName: 'match_documents', }); return vectorStore.asRetriever({ k: configuration.k, filter: configuration.filterKwargs, }); } export async function makeRetriever( config: RunnableConfig, ): Promise { const configuration = ensureBaseConfiguration(config); switch (configuration.retrieverProvider) { case 'supabase': return makeSupabaseRetriever(configuration); default: throw new Error( `Unsupported retriever provider: ${configuration.retrieverProvider}`, ); } } ================================================ FILE: backend/src/shared/state.ts ================================================ import { Document } from '@langchain/core/documents'; import { v4 as uuidv4 } from 'uuid'; /** * Reduces the document array based on the provided new documents or actions. * * @param existing - The existing array of documents. * @param newDocs - The new documents or actions to apply. * @returns The updated array of documents. */ export function reduceDocs( existing?: Document[], newDocs?: | Document[] | { [key: string]: any }[] | string[] | string | 'delete', ): Document[] { if (newDocs === 'delete') { return []; } const existingList = existing || []; const existingIds = new Set(existingList.map((doc) => doc.metadata?.uuid)); if (typeof newDocs === 'string') { const docId = uuidv4(); return [ ...existingList, { pageContent: newDocs, metadata: { uuid: docId } }, ]; } const newList: Document[] = []; if (Array.isArray(newDocs)) { for (const item of newDocs) { if (typeof item === 'string') { const itemId = uuidv4(); newList.push({ pageContent: item, metadata: { uuid: itemId } }); existingIds.add(itemId); } else if (typeof item === 'object') { const metadata = (item as Document).metadata ?? {}; let itemId = metadata.uuid ?? uuidv4(); if (!existingIds.has(itemId)) { if ('pageContent' in item) { // It's a Document-like object newList.push({ ...(item as Document), metadata: { ...metadata, uuid: itemId }, }); } else { // It's a generic object, treat it as metadata newList.push({ pageContent: '', metadata: { ...(item as { [key: string]: any }), uuid: itemId }, }); } existingIds.add(itemId); } } } } return [...existingList, ...newList]; } ================================================ FILE: backend/src/shared/utils.ts ================================================ import { BaseChatModel } from '@langchain/core/language_models/chat_models'; import { initChatModel } from 'langchain/chat_models/universal'; const SUPPORTED_PROVIDERS = [ 'openai', 'anthropic', 'azure_openai', 'cohere', 'google-vertexai', 'google-vertexai-web', 'google-genai', 'ollama', 'together', 'fireworks', 'mistralai', 'groq', 'bedrock', 'cerebras', 'deepseek', 'xai', ] as const; /** * Load a chat model from a fully specified name. * @param fullySpecifiedName - String in the format 'provider/model' or 'provider/account/provider/model'. * @returns A Promise that resolves to a BaseChatModel instance. */ export async function loadChatModel( fullySpecifiedName: string, temperature: number = 0.2, ): Promise { const index = fullySpecifiedName.indexOf('/'); if (index === -1) { // If there's no "/", assume it's just the model if ( !SUPPORTED_PROVIDERS.includes( fullySpecifiedName as (typeof SUPPORTED_PROVIDERS)[number], ) ) { throw new Error(`Unsupported model: ${fullySpecifiedName}`); } return await initChatModel(fullySpecifiedName, { temperature: temperature, }); } else { const provider = fullySpecifiedName.slice(0, index); const model = fullySpecifiedName.slice(index + 1); if ( !SUPPORTED_PROVIDERS.includes( provider as (typeof SUPPORTED_PROVIDERS)[number], ) ) { throw new Error(`Unsupported provider: ${provider}`); } return await initChatModel(model, { modelProvider: provider, temperature: temperature, }); } } ================================================ FILE: backend/tsconfig.json ================================================ { "extends": "@tsconfig/recommended", "compilerOptions": { "target": "ES2021", "lib": ["ES2021", "ES2022.Object", "DOM"], "module": "NodeNext", "moduleResolution": "nodenext", "esModuleInterop": true, "noImplicitReturns": true, "declaration": true, "noFallthroughCasesInSwitch": true, "noUnusedLocals": true, "noUnusedParameters": true, "useDefineForClassFields": true, "strictPropertyInitialization": false, "allowJs": true, "strict": true, "strictFunctionTypes": false, "outDir": "dist", "types": ["jest", "node"], "resolveJsonModule": true }, "include": ["**/*.ts", "**/*.js", "jest.setup.cjs"], "exclude": ["node_modules", "dist"] } ================================================ FILE: frontend/.gitignore ================================================ # See https://help.github.com/articles/ignoring-files/ for more about ignoring files. # dependencies /node_modules # next.js /.next/ /out/ # production /build # debug npm-debug.log* yarn-debug.log* yarn-error.log* .pnpm-debug.log* # env files .env .env.local # vercel .vercel # typescript *.tsbuildinfo next-env.d.ts ================================================ FILE: frontend/__tests__/api/ingest/route.integration.test.ts ================================================ import { POST } from '../../../app/api/ingest/route'; // Import the actual route handler import { NextRequest } from 'next/server'; import fs from 'fs'; import path from 'path'; import fetch from 'node-fetch'; import FormData from 'form-data'; import { processPDF } from '@/lib/pdf'; import { langGraphServerClient } from '@/lib/langgraph-server'; // Mock the processPDF function jest.mock('@/lib/pdf', () => ({ processPDF: jest.fn().mockImplementation((file: File) => { return Promise.resolve([ { pageContent: 'Test content', metadata: { filename: file.name }, }, ]); }), })); // Mock the langGraphServerClient jest.mock('@/lib/langgraph-server', () => { return { langGraphServerClient: { createThread: jest .fn() .mockResolvedValue({ thread_id: 'test-thread-id' }), client: { runs: { stream: jest.fn().mockImplementation(async function* () { yield { data: 'test' }; }), }, }, }, }; }); describe('PDF Ingest Route (node-fetch)', () => { const baseUrl = 'http://localhost:3000'; // Replace with your dev server URL const ingestUrl = `${baseUrl}/api/ingest`; const pdfFilePath = path.join(__dirname, 'test.pdf'); beforeAll(() => { // Create a dummy PDF file for testing const minimalPDF = `%PDF-1.7 1 0 obj<>endobj 2 0 obj<>endobj 3 0 obj<>/Contents 4 0 R>>endobj 4 0 obj<>stream BT /F1 12 Tf (Test) Tj ET endstream endobj xref 0 5 0000000000 65535 f 0000000009 00000 n 0000000056 00000 n 0000000107 00000 n 0000000200 00000 n trailer<> startxref 271 %%EOF`; fs.writeFileSync(pdfFilePath, minimalPDF); }); afterAll(() => { // Clean up the dummy PDF file fs.unlinkSync(pdfFilePath); }); it.skip('should reject empty requests', async () => { const formData = new FormData(); const response = await fetch(ingestUrl, { method: 'POST', body: formData, }); expect(response.status).toBe(400); const data = await response.json(); expect(data.error).toBe('No files provided'); }); it('should reject non-PDF files', async () => { const formData = new FormData(); formData.append('files', fs.createReadStream('jest.config.js'), 'test.txt'); // Attach a non-PDF file const response = await fetch(ingestUrl, { method: 'POST', body: formData, }); expect(response.status).toBe(400); const data = await response.json(); expect(data.error).toContain('Only PDF files are allowed'); }); it('should accept PDF files', async () => { const formData = new FormData(); formData.append('files', fs.createReadStream(pdfFilePath), 'test.pdf'); // Attach the PDF file const response = await fetch(ingestUrl, { method: 'POST', body: formData, }); expect(response.status).toBe(200); const data = await response.json(); expect(data.message).toContain(''); expect(data.threadId).toMatch( /^[0-9a-f]{8}-[0-9a-f]{4}-4[0-9a-f]{3}-[89ab][0-9a-f]{3}-[0-9a-f]{12}$/i, ); }); it('should handle multiple PDFs', async () => { const formData = new FormData(); formData.append('files', fs.createReadStream(pdfFilePath), 'test1.pdf'); formData.append('files', fs.createReadStream(pdfFilePath), 'test2.pdf'); const response = await fetch(ingestUrl, { method: 'POST', body: formData, }); expect(response.status).toBe(200); const data = await response.json(); expect(data.message).toBe('Documents ingested successfully'); expect(data.threadId).toMatch( /^[0-9a-f]{8}-[0-9a-f]{4}-4[0-9a-f]{3}-[89ab][0-9a-f]{3}-[0-9a-f]{12}$/i, ); }); it.skip('should correctly parse PDF files using PDFLoader', async () => { const formData = new FormData(); formData.append('files', fs.createReadStream(pdfFilePath), 'test.pdf'); await fetch(ingestUrl, { method: 'POST', body: formData, }); expect(processPDF).toHaveBeenCalled(); }); it.skip('should call the ingestion graph with the correct data', async () => { const formData = new FormData(); formData.append('files', fs.createReadStream(pdfFilePath), 'test.pdf'); await fetch(ingestUrl, { method: 'POST', body: formData, }); expect(langGraphServerClient.createThread).toHaveBeenCalled(); expect(langGraphServerClient.client.runs.stream).toHaveBeenCalledWith( 'test-thread-id', 'ingestion_graph', { input: { docs: [ { pageContent: 'Test content', metadata: { filename: 'test.pdf' } }, ], }, }, ); }); }); ================================================ FILE: frontend/app/api/chat/route.ts ================================================ import { NextResponse } from 'next/server'; import { createServerClient } from '@/lib/langgraph-server'; import { retrievalAssistantStreamConfig } from '@/constants/graphConfigs'; export const runtime = 'edge'; export async function POST(req: Request) { try { const { message, threadId } = await req.json(); if (!message) { return new NextResponse( JSON.stringify({ error: 'Message is required' }), { status: 400, headers: { 'Content-Type': 'application/json' }, }, ); } if (!threadId) { return new NextResponse( JSON.stringify({ error: 'Thread ID is required' }), { status: 400, headers: { 'Content-Type': 'application/json' }, }, ); } if (!process.env.LANGGRAPH_RETRIEVAL_ASSISTANT_ID) { return new NextResponse( JSON.stringify({ error: 'LANGGRAPH_RETRIEVAL_ASSISTANT_ID is not set', }), { status: 500, headers: { 'Content-Type': 'application/json' } }, ); } try { const assistantId = process.env.LANGGRAPH_RETRIEVAL_ASSISTANT_ID; const serverClient = createServerClient(); const stream = await serverClient.client.runs.stream( threadId, assistantId, { input: { query: message }, streamMode: ['messages', 'updates'], config: { configurable: { ...retrievalAssistantStreamConfig, }, }, }, ); // Set up response as a stream const encoder = new TextEncoder(); const customReadable = new ReadableStream({ async start(controller) { try { // Forward each chunk from the graph to the client for await (const chunk of stream) { // Only send relevant chunks controller.enqueue( encoder.encode(`data: ${JSON.stringify(chunk)}\n\n`), ); } } catch (error) { console.error('Streaming error:', error); controller.enqueue( encoder.encode( `data: ${JSON.stringify({ error: 'Streaming error occurred' })}\n\n`, ), ); } finally { controller.close(); } }, }); // Return the stream with appropriate headers return new Response(customReadable, { headers: { 'Content-Type': 'text/event-stream', 'Cache-Control': 'no-cache', Connection: 'keep-alive', }, }); } catch (error) { // Handle streamRun errors console.error('Stream initialization error:', error); return new NextResponse( JSON.stringify({ error: 'Internal server error' }), { status: 500, headers: { 'Content-Type': 'application/json' }, }, ); } } catch (error) { // Handle JSON parsing errors console.error('Route error:', error); return new NextResponse( JSON.stringify({ error: 'Internal server error' }), { status: 500, headers: { 'Content-Type': 'application/json' }, }, ); } } ================================================ FILE: frontend/app/api/ingest/route.ts ================================================ // app/api/ingest/route.ts import { indexConfig } from '@/constants/graphConfigs'; import { langGraphServerClient } from '@/lib/langgraph-server'; import { processPDF } from '@/lib/pdf'; import { Document } from '@langchain/core/documents'; import { NextRequest, NextResponse } from 'next/server'; // Configuration constants const MAX_FILE_SIZE = 10 * 1024 * 1024; // 10MB const ALLOWED_FILE_TYPES = ['application/pdf']; export async function POST(request: NextRequest) { try { if (!process.env.LANGGRAPH_INGESTION_ASSISTANT_ID) { return NextResponse.json( { error: 'LANGGRAPH_INGESTION_ASSISTANT_ID is not set in your environment variables', }, { status: 500 }, ); } const formData = await request.formData(); const files: File[] = []; for (const [key, value] of formData.entries()) { if (key === 'files' && value instanceof File) { files.push(value); } } if (!files || files.length === 0) { return NextResponse.json({ error: 'No files provided' }, { status: 400 }); } // Validate file count if (files.length > 5) { return NextResponse.json( { error: 'Too many files. Maximum 5 files allowed.' }, { status: 400 }, ); } // Validate file types and sizes const invalidFiles = files.filter((file) => { return ( !ALLOWED_FILE_TYPES.includes(file.type) || file.size > MAX_FILE_SIZE ); }); if (invalidFiles.length > 0) { return NextResponse.json( { error: 'Only PDF files are allowed and file size must be less than 10MB', }, { status: 400 }, ); } // Process all PDFs into Documents const allDocs: Document[] = []; for (const file of files) { try { const docs = await processPDF(file); allDocs.push(...docs); } catch (error: any) { console.error(`Error processing file ${file.name}:`, error); // Continue processing other files; errors are logged } } if (!allDocs.length) { return NextResponse.json( { error: 'No valid documents extracted from uploaded files' }, { status: 500 }, ); } // Run the ingestion graph const thread = await langGraphServerClient.createThread(); const ingestionRun = await langGraphServerClient.client.runs.wait( thread.thread_id, 'ingestion_graph', { input: { docs: allDocs, }, config: { configurable: { ...indexConfig, }, }, }, ); return NextResponse.json({ message: 'Documents ingested successfully', threadId: thread.thread_id, }); } catch (error: any) { console.error('Error processing files:', error); return NextResponse.json( { error: 'Failed to process files', details: error.message }, { status: 500 }, ); } } ================================================ FILE: frontend/app/globals.css ================================================ @tailwind base; @tailwind components; @tailwind utilities; @layer base { :root { --background: 0 0% 100%; --foreground: 0 0% 3.9%; --card: 0 0% 100%; --card-foreground: 0 0% 3.9%; --popover: 0 0% 100%; --popover-foreground: 0 0% 3.9%; --primary: 0 0% 9%; --primary-foreground: 0 0% 98%; --secondary: 0 0% 96.1%; --secondary-foreground: 0 0% 9%; --muted: 0 0% 96.1%; --muted-foreground: 0 0% 45.1%; --accent: 0 0% 96.1%; --accent-foreground: 0 0% 9%; --destructive: 0 84.2% 60.2%; --destructive-foreground: 0 0% 98%; --border: 0 0% 89.8%; --input: 0 0% 89.8%; --ring: 0 0% 3.9%; --radius: 0.5rem; } .dark { --background: 0 0% 3.9%; --foreground: 0 0% 98%; --card: 0 0% 3.9%; --card-foreground: 0 0% 98%; --popover: 0 0% 3.9%; --popover-foreground: 0 0% 98%; --primary: 0 0% 98%; --primary-foreground: 0 0% 9%; --secondary: 0 0% 14.9%; --secondary-foreground: 0 0% 98%; --muted: 0 0% 14.9%; --muted-foreground: 0 0% 63.9%; --accent: 0 0% 14.9%; --accent-foreground: 0 0% 98%; --destructive: 0 62.8% 30.6%; --destructive-foreground: 0 0% 98%; --border: 0 0% 14.9%; --input: 0 0% 14.9%; --ring: 0 0% 83.1%; } } @layer base { * { @apply border-border; } body { @apply bg-background text-foreground; } } ================================================ FILE: frontend/app/layout.tsx ================================================ import type React from "react" import type { Metadata } from "next" import { GeistSans } from "geist/font/sans" import { Toaster } from "@/components/ui/toaster" import "./globals.css" export const metadata: Metadata = { title: "Learning LangChain Book Chatbot Demo", description: "A chatbot demo based on Learning LangChain (O'Reilly)", } export default function RootLayout({ children, }: { children: React.ReactNode }) { return ( {children} ) } import './globals.css' ================================================ FILE: frontend/app/page.tsx ================================================ 'use client'; import type React from 'react'; import { useToast } from '@/hooks/use-toast'; import { useRef, useState, useEffect } from 'react'; import { Button } from '@/components/ui/button'; import { Input } from '@/components/ui/input'; import { Paperclip, ArrowUp, Loader2 } from 'lucide-react'; import { ExamplePrompts } from '@/components/example-prompts'; import { ChatMessage } from '@/components/chat-message'; import { FilePreview } from '@/components/file-preview'; import { client } from '@/lib/langgraph-client'; import { AgentState, documentType, PDFDocument, RetrieveDocumentsNodeUpdates, } from '@/types/graphTypes'; import { Card, CardContent } from '@/components/ui/card'; export default function Home() { const { toast } = useToast(); // Add this hook const [messages, setMessages] = useState< Array<{ role: 'user' | 'assistant'; content: string; sources?: PDFDocument[]; }> >([]); const [input, setInput] = useState(''); const [files, setFiles] = useState([]); const [isUploading, setIsUploading] = useState(false); const [isLoading, setIsLoading] = useState(false); const [threadId, setThreadId] = useState(null); const fileInputRef = useRef(null); const abortControllerRef = useRef(null); // Track the AbortController const messagesEndRef = useRef(null); // Add this ref const lastRetrievedDocsRef = useRef([]); // useRef to store the last retrieved documents useEffect(() => { // Create a thread when the component mounts const initThread = async () => { // Skip if we already have a thread if (threadId) return; try { const thread = await client.createThread(); setThreadId(thread.thread_id); } catch (error) { console.error('Error creating thread:', error); toast({ title: 'Error', description: 'Error creating thread. Please make sure you have set the LANGGRAPH_API_URL environment variable correctly. ' + error, variant: 'destructive', }); } }; initThread(); }, []); useEffect(() => { messagesEndRef.current?.scrollIntoView({ behavior: 'smooth' }); }, [messages]); const handleSubmit = async (e: React.FormEvent) => { e.preventDefault(); if (!input.trim() || !threadId || isLoading) return; if (abortControllerRef.current) { abortControllerRef.current.abort(); } const userMessage = input.trim(); setMessages((prev) => [ ...prev, { role: 'user', content: userMessage, sources: undefined }, // Clear sources for new user message { role: 'assistant', content: '', sources: undefined }, // Clear sources for new assistant message ]); setInput(''); setIsLoading(true); const abortController = new AbortController(); abortControllerRef.current = abortController; lastRetrievedDocsRef.current = []; // Clear the last retrieved documents try { const response = await fetch('/api/chat', { method: 'POST', headers: { 'Content-Type': 'application/json', }, body: JSON.stringify({ message: userMessage, threadId, }), signal: abortController.signal, }); if (!response.ok) { throw new Error(`HTTP error! status: ${response.status}`); } const reader = response.body?.getReader(); if (!reader) throw new Error('No reader available'); const decoder = new TextDecoder(); while (true) { const { done, value } = await reader.read(); if (done) break; const chunkStr = decoder.decode(value); const lines = chunkStr.split('\n').filter(Boolean); for (const line of lines) { if (!line.startsWith('data: ')) continue; const sseString = line.slice('data: '.length); let sseEvent: any; try { sseEvent = JSON.parse(sseString); } catch (err) { console.error('Error parsing SSE line:', err, line); continue; } const { event, data } = sseEvent; if (event === 'messages/partial') { if (Array.isArray(data)) { const lastObj = data[data.length - 1]; if (lastObj?.type === 'ai') { const partialContent = lastObj.content ?? ''; // Only display if content is a string message if ( typeof partialContent === 'string' && !partialContent.startsWith('{') ) { setMessages((prev) => { const newArr = [...prev]; if ( newArr.length > 0 && newArr[newArr.length - 1].role === 'assistant' ) { newArr[newArr.length - 1].content = partialContent; newArr[newArr.length - 1].sources = lastRetrievedDocsRef.current; } return newArr; }); } } } } else if (event === 'updates' && data) { if ( data && typeof data === 'object' && 'retrieveDocuments' in data && data.retrieveDocuments && Array.isArray(data.retrieveDocuments.documents) ) { const retrievedDocs = (data as RetrieveDocumentsNodeUpdates) .retrieveDocuments.documents as PDFDocument[]; // // Handle documents here lastRetrievedDocsRef.current = retrievedDocs; console.log('Retrieved documents:', retrievedDocs); } else { // Clear the last retrieved documents if it's a direct answer lastRetrievedDocsRef.current = []; } } else { console.log('Unknown SSE event:', event, data); } } } } catch (error) { console.error('Error sending message:', error); toast({ title: 'Error', description: 'Failed to send message. Please try again.\n' + (error instanceof Error ? error.message : 'Unknown error'), variant: 'destructive', }); setMessages((prev) => { const newArr = [...prev]; newArr[newArr.length - 1].content = 'Sorry, there was an error processing your message.'; return newArr; }); } finally { setIsLoading(false); abortControllerRef.current = null; } }; const handleFileUpload = async (e: React.ChangeEvent) => { const selectedFiles = Array.from(e.target.files || []); if (selectedFiles.length === 0) return; const nonPdfFiles = selectedFiles.filter( (file) => file.type !== 'application/pdf', ); if (nonPdfFiles.length > 0) { toast({ title: 'Invalid file type', description: 'Please upload PDF files only', variant: 'destructive', }); return; } setIsUploading(true); try { const formData = new FormData(); selectedFiles.forEach((file) => { formData.append('files', file); }); const response = await fetch('/api/ingest', { method: 'POST', body: formData, }); if (!response.ok) { const data = await response.json(); throw new Error(data.error || 'Failed to upload files'); } setFiles((prev) => [...prev, ...selectedFiles]); toast({ title: 'Success', description: `${selectedFiles.length} file${selectedFiles.length > 1 ? 's' : ''} uploaded successfully`, variant: 'default', }); } catch (error) { console.error('Error uploading files:', error); toast({ title: 'Upload failed', description: 'Failed to upload files. Please try again.\n' + (error instanceof Error ? error.message : 'Unknown error'), variant: 'destructive', }); } finally { setIsUploading(false); if (fileInputRef.current) { fileInputRef.current.value = ''; } } }; const handleRemoveFile = (fileToRemove: File) => { setFiles(files.filter((file) => file !== fileToRemove)); toast({ title: 'File removed', description: `${fileToRemove.name} has been removed`, variant: 'default', }); }; return (
{messages.length === 0 ? ( <>

This ai chatbot is an example template to accompany the book:{' '} Learning LangChain (O'Reilly): Building AI and LLM applications with LangChain and LangGraph

) : (
{messages.map((message, i) => ( ))}
)}
{files.length > 0 && (
{files.map((file, index) => ( handleRemoveFile(file)} /> ))}
)}
setInput(e.target.value)} placeholder={ isUploading ? 'Uploading PDF...' : 'Send a message...' } className="border-0 focus-visible:ring-0 focus-visible:ring-offset-0 h-12 bg-transparent" disabled={isUploading || isLoading || !threadId} />
); } ================================================ FILE: frontend/components/chat-message.tsx ================================================ import { Copy } from 'lucide-react'; import { Button } from '@/components/ui/button'; import { Card, CardContent } from '@/components/ui/card'; import { useState } from 'react'; import { PDFDocument } from '@/types/graphTypes'; import { Accordion, AccordionContent, AccordionItem, AccordionTrigger, } from '@/components/ui/accordion'; interface ChatMessageProps { message: { role: 'user' | 'assistant'; content: string; sources?: PDFDocument[]; }; } export function ChatMessage({ message }: ChatMessageProps) { const isUser = message.role === 'user'; const [copied, setCopied] = useState(false); const isLoading = message.role === 'assistant' && message.content === ''; const handleCopy = async () => { try { await navigator.clipboard.writeText(message.content); setCopied(true); setTimeout(() => setCopied(false), 2000); } catch (err) { console.error('Failed to copy text:', err); } }; const showSources = message.role === 'assistant' && message.sources && message.sources.length > 0; return (
{isLoading ? (
) : ( <>

{message.content}

{!isUser && (
)} {showSources && message.sources && ( View Sources ({message.sources.length})
{message.sources?.map((source, index) => (

{source.metadata?.source || source.metadata?.filename || 'N/A'}

Page {source.metadata?.loc?.pageNumber || 'N/A'}

))}
)} )}
); } ================================================ FILE: frontend/components/example-prompts.tsx ================================================ import { Card } from "@/components/ui/card" interface ExamplePromptsProps { onPromptSelect: (prompt: string) => void } const EXAMPLE_PROMPTS = [ { title: "What is this document about?", }, { title: "What is music?", }, ] export function ExamplePrompts({ onPromptSelect }: ExamplePromptsProps) { return (
{EXAMPLE_PROMPTS.map((prompt, i) => ( onPromptSelect(prompt.title)} >

{prompt.title}

 ))}
) } ================================================ FILE: frontend/components/file-preview.tsx ================================================ import { FileIcon, X } from "lucide-react" import { Button } from "@/components/ui/button" interface FilePreviewProps { file: File onRemove: () => void } export function FilePreview({ file, onRemove }: FilePreviewProps) { return (

{file.name}

PDF

) } ================================================ FILE: frontend/components/theme-provider.tsx ================================================ 'use client' import * as React from 'react' import { ThemeProvider as NextThemesProvider, type ThemeProviderProps, } from 'next-themes' export function ThemeProvider({ children, ...props }: ThemeProviderProps) { return {children} } ================================================ FILE: frontend/components/ui/accordion.tsx ================================================ "use client" import * as React from "react" import * as AccordionPrimitive from "@radix-ui/react-accordion" import { ChevronDown } from "lucide-react" import { cn } from "@/lib/utils" const Accordion = AccordionPrimitive.Root const AccordionItem = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AccordionItem.displayName = "AccordionItem" const AccordionTrigger = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, children, ...props }, ref) => ( svg]:rotate-180", className )} {...props} > {children} )) AccordionTrigger.displayName = AccordionPrimitive.Trigger.displayName const AccordionContent = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, children, ...props }, ref) => (
{children}
 )) AccordionContent.displayName = AccordionPrimitive.Content.displayName export { Accordion, AccordionItem, AccordionTrigger, AccordionContent } ================================================ FILE: frontend/components/ui/alert-dialog.tsx ================================================ "use client" import * as React from "react" import * as AlertDialogPrimitive from "@radix-ui/react-alert-dialog" import { cn } from "@/lib/utils" import { buttonVariants } from "@/components/ui/button" const AlertDialog = AlertDialogPrimitive.Root const AlertDialogTrigger = AlertDialogPrimitive.Trigger const AlertDialogPortal = AlertDialogPrimitive.Portal const AlertDialogOverlay = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AlertDialogOverlay.displayName = AlertDialogPrimitive.Overlay.displayName const AlertDialogContent = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AlertDialogContent.displayName = AlertDialogPrimitive.Content.displayName const AlertDialogHeader = ({ className, ...props }: React.HTMLAttributes) => (
) AlertDialogHeader.displayName = "AlertDialogHeader" const AlertDialogFooter = ({ className, ...props }: React.HTMLAttributes) => (
) AlertDialogFooter.displayName = "AlertDialogFooter" const AlertDialogTitle = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AlertDialogTitle.displayName = AlertDialogPrimitive.Title.displayName const AlertDialogDescription = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AlertDialogDescription.displayName = AlertDialogPrimitive.Description.displayName const AlertDialogAction = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AlertDialogAction.displayName = AlertDialogPrimitive.Action.displayName const AlertDialogCancel = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AlertDialogCancel.displayName = AlertDialogPrimitive.Cancel.displayName export { AlertDialog, AlertDialogPortal, AlertDialogOverlay, AlertDialogTrigger, AlertDialogContent, AlertDialogHeader, AlertDialogFooter, AlertDialogTitle, AlertDialogDescription, AlertDialogAction, AlertDialogCancel, } ================================================ FILE: frontend/components/ui/alert.tsx ================================================ import * as React from "react" import { cva, type VariantProps } from "class-variance-authority" import { cn } from "@/lib/utils" const alertVariants = cva( "relative w-full rounded-lg border p-4 [&>svg~*]:pl-7 [&>svg+div]:translate-y-[-3px] [&>svg]:absolute [&>svg]:left-4 [&>svg]:top-4 [&>svg]:text-foreground", { variants: { variant: { default: "bg-background text-foreground", destructive: "border-destructive/50 text-destructive dark:border-destructive [&>svg]:text-destructive", }, }, defaultVariants: { variant: "default", }, } ) const Alert = React.forwardRef< HTMLDivElement, React.HTMLAttributes & VariantProps >(({ className, variant, ...props }, ref) => (
)) Alert.displayName = "Alert" const AlertTitle = React.forwardRef< HTMLParagraphElement, React.HTMLAttributes >(({ className, ...props }, ref) => (
)) AlertTitle.displayName = "AlertTitle" const AlertDescription = React.forwardRef< HTMLParagraphElement, React.HTMLAttributes >(({ className, ...props }, ref) => (
)) AlertDescription.displayName = "AlertDescription" export { Alert, AlertTitle, AlertDescription } ================================================ FILE: frontend/components/ui/aspect-ratio.tsx ================================================ "use client" import * as AspectRatioPrimitive from "@radix-ui/react-aspect-ratio" const AspectRatio = AspectRatioPrimitive.Root export { AspectRatio } ================================================ FILE: frontend/components/ui/avatar.tsx ================================================ "use client" import * as React from "react" import * as AvatarPrimitive from "@radix-ui/react-avatar" import { cn } from "@/lib/utils" const Avatar = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) Avatar.displayName = AvatarPrimitive.Root.displayName const AvatarImage = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AvatarImage.displayName = AvatarPrimitive.Image.displayName const AvatarFallback = React.forwardRef< React.ElementRef, React.ComponentPropsWithoutRef >(({ className, ...props }, ref) => ( )) AvatarFallback.displayName = AvatarPrimitive.Fallback.displayName export { Avatar, AvatarImage, AvatarFallback } ================================================ FILE: frontend/components/ui/badge.tsx ================================================ import * as React from "react" import { cva, type VariantProps } from "class-variance-authority" import { cn } from "@/lib/utils" const badgeVariants = cva( "inline-flex items-center rounded-full border px-2.5 py-0.5 text-xs font-semibold transition-colors focus:outline-none focus:ring-2 focus:ring-ring focus:ring-offset-2", { variants: { variant: { default: "border-transparent bg-primary text-primary-foreground hover:bg-primary/80", secondary: "border-transparent bg-secondary text-secondary-foreground hover:bg-secondary/80", destructive: "border-transparent bg-destructive text-destructive-foreground hover:bg-destructive/80", outline: "text-foreground", }, }, defaultVariants: { variant: "default", }, } ) export interface BadgeProps extends React.HTMLAttributes, VariantProps {} function Badge({ className, variant, ...props }: BadgeProps) { return (
) } export { Badge, badgeVariants } ================================================ FILE: frontend/components/ui/breadcrumb.tsx ================================================ import * as React from "react" import { Slot } from "@radix-ui/react-slot" import { ChevronRight, MoreHorizontal } from "lucide-react" import { cn } from "@/lib/utils" const Breadcrumb = React.forwardRef< HTMLElement, React.ComponentPropsWithoutRef<"nav"> & { separator?: React.ReactNode } >(({ ...props }, ref) =>