Table of ContentsAs of September 30, 2024, we had $18.11 billion and $15.54 billion of cash and cash equivalents and short-terminvestments, respectively. Balances held in foreign currencies had a U.S. dollar equivalent of $3.32 billion and consistedprimarily of Chinese yuan and euros. We had $5.00 billion of unused committed credit amounts as of September 30, 2024. Fordetails regarding our indebtedness, refer to Note 7, Debt, to the consolidated financial statements included elsewhere in thisQuarterly Report on Form 10-Q.We continue adapting our strategy to meet our liquidity and risk objectives, such as investing in U.S. governmentsecurities and other investments, invest in autonomy, do more vertical integration, expand our product roadmap and providefinancing options to our customers.Summary of Cash FlowsNine Months Ended September 30,(Dollars in millions)2024 2023Net cash provided by operating activities $ 10,109 $ 8,886 Net cash used in investing activities $ (11,184) $ (10,780)Net cash provided by financing activities $ 2,868 $ 1,702 Cash Flows from Operating ActivitiesNet cash provided by operating activities increased by $1.22 billion to $10.11 billion during the nine months endedSeptember 30, 2024 from $8.89 billion during the nine months ended September 30, 2023. This increase was primarily due tofavorable changes in net operating assets and liabilities of $1.78 billion, partially offset by a decrease in net income excludingnon-cash expenses, gains and losses of $558 million.Cash Flows from Investing ActivitiesNet cash flows from investing activities and their variability across each period related primarily to capital expenditures,which were $8.56 billion and $6.59 billion for the nine months ended September 30, 2024 and 2023, respectively, mainly forAI-related capital expenditures, global factory expansion, machinery and equipment as we expand and enhance our productroadmap. We also purchased $2.62 billion and $4.12 billion of short-term investments, net of proceeds from maturities andsales, for the nine months ended September 30, 2024 and 2023, respectively.Cash Flows from Financing ActivitiesNet cash flows from financing activities increased by $1.17 billion to $2.87 billion during the nine months endedSeptember 30, 2024 from $1.70 billion during the nine months ended September 30, 2023. The increase was primarily due to a$1.83 billion increase in proceeds from issuances of debt, partially offset by a $896 million increase in repayments of debt. SeeNote 7, Debt, to the consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q for furtherdetails regarding our debt obligations. Additionally, there was an increase of $240 million in proceeds from exercises of stockoptions and other stock issuances compared to the prior period.34
tsla-20240930https://www.sec.gov/Archives/edgar/data/1318605/00016282802404...
45 sur 4910/01/2025, 14:33