Problem 1. Strategy and Productivity Assessment

The table below (also included in the Excel data set) summarizes Tesla Fourth Quarter & Full Year 2017, 2016 and 2015 Updates and previous years. (Note: Tesla changed some of their accounting practices in 2016, so their financial information is broken out a little differently in their 2016 report. The data set updates the 2013-2015 years to the new breakout).

Conduct an analysis of Tesla's productivity and fill in the table below:

1. Single factor of $ Total Revenue to $ Cost of Revenue over the past five years

1. Multi-factor productivity of $ Total Revenue to ($ Cost of Revenue + Operating Cost) over the past five years.

(all dollars are in thousands)	2013	2014	2015	2016	2017
Total Automotive Revenue	$2,013,496	$3,198,356	$4,046,025	$7,000,132	$11,758,751
Expenses
Cost of Revenue	$1,557,234	$2,316,685	$3,122,522	$5,400,875	$9,536,264
Operating Expenses	$517,545	$1,068,360	$1,640,132	$2,266,597	$3,854,573
Total Expenses	$2,074,779	$3,385,045	$4,762,654	$7,667,472	$13,390,837

Table 1. Tesla Automotive Financial Summary²

	2013	2014	2015	2016	2017
Single Factor Productivity
Multi-Factor Productivity