Wednesday, May 8, 2019
Tesla Motors Annual Analysis Essay Example | Topics and Well Written Essays - 1750 words
Tesla Motors yearly Analysis - Essay ExampleExtraordinary events are able to affect the financial standing of whatsoever given confederation because they are unforeseen and unplanned expenses. Natural disasters or things outside the guilds control can cost the company without it being able to plan or cater for the expenses. In the 2013 annual report, Tesla Motors did not report any extraordinary events that affected their financial standing. However, in the notes to financial statements, the company indicated that it has subsequent events, law suits as a result of environmental liabilities and assertion of intellectual property attack claims by third parties against them in the form of letters. This may have adverse material effects and impacts on their brand, operations, cash flows, prospects and financial standing or position.The two years presented indicates a extendd growth and expansion for Tesla Motors over the period. These expansions are both globally as well as nationa lly as shown by the trends in the companys assets and liabilities. Despite the economic hardships experienced in the past ten years, the company increase has been tranquillise. Due to the companys global expansion and acquisition of new-retail locations, there has been a steady increase in its assets. As the assets increases, liabilities also increase, however, the companys assets are larger that its liabilities are hence making it to be in good financial standing. The company is therefore capable of meeting their bills and to continue in this trend.
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