特斯拉投資者日報(bào)告 Tesla Investor day

Certainstatementsinthispresentation,including,butnotlimitedto,statementsrelatingtothefuturedevelopment,ramp,productioncapacityandoutputrates,supplychain,demandandmarketgrowth,cost,pricingandprofitability,deliveries,deployment,availabilityandotherfeaturesandimprovementsandtimingofexistingandfutureTeslaproductsandtechnologiessuchasModel3,ModelY,ModelX,ModelS,Cybertruck,TeslaSemi,Robotaxi,ournextgenerationvehicleplatform,ourAutopilot,FullSelf-Drivingandothervehiclesoftwareandourenergystorageandsolarproducts;statementsregardingoperatingmargin,operatingprofits,spendingandliquidity;andstatementsregardingexpansion,improvementsand/orrampandrelatedtimingatexistingornewfactoriesare“forward-lookingstatements”thataresubjecttorisksanduncertainties.Theseforward-lookingstatementsarebasedonmanagement’scurrentexpectations,andasaresultofcertainrisksanduncertainties,actualresultsmaydiffermateriallyfromthoseprojected.Thefollowingimportantfactors,withoutlimitation,couldcauseactualresultstodiffermateriallyfromthoseintheforward-lookingstatements:uncertaintiesinfuturemacroeconomicandregulatoryconditionsarisingfromthecurrentglobalpandemic;theriskofdelaysinlaunchingandmanufacturingourproductsandfeaturescost-effectively;ourabilitytogrowoursales,delivery,installation,servicingandchargingcapabilitiesandeffectivelymanagethisgrowth;consumers’demandforelectricvehiclesgenerallyandourvehiclesspecifically;theabilityofsupplierstodelivercomponentsaccordingtoschedules,prices,qualityandvolumesacceptabletous,andourabilitytomanagesuchcomponentseffectively;anyissueswithlithium-ioncellsorothercomponentsmanufacturedatGigafactoryNevadaandGigafactoryShanghai;ourabilitytorampGigafactoryShanghai,GigafactoryBerlin-Brandenburg,GigafactoryTexasandnewfactoriesinaccordancewithourplans;ourabilitytoprocuresupplyofbatterycells,includingthroughourownmanufacturing;risksrelatingtointernationalexpansion;anyfailuresbyTeslaproductstoperformasexpectedorifproductrecallsoccur;theriskofproductliabilityclaims;competitionintheautomotiveandenergyproductmarkets;ourabilitytomaintainpubliccredibilityandconfidenceinourlong-termbusinessprospects;ourabilitytomanagerisksrelatingtoourvariousproductfinancingprograms;thestatusofgovernmentandeconomicincentivesforelectricvehiclesandenergyproducts;ourabilitytoattract,hireandretainkeyemployeesandqualifiedpersonnelandrampourinstallationteams;ourabilitytomaintainthesecurityofourinformationandproductionandproductsystems;ourcompliancewithvariousregulationsandlawsapplicabletoouroperationsandproducts,whichmayevolvefromtimetotime;risksrelatingtoourindebtednessandfinancingstrategies;andadverseforeignexchangemovements.MoreinformationonpotentialfactorsthatcouldaffectourfinancialresultsisincludedfromtimetotimeinourSecuritiesandExchangeCommissionfilingsandreports,includingtherisksidentifiedunderthesectioncaptioned“RiskFactors”inourannualreportonForm10-KfiledwiththeSEConJanuary31,2023.Tesladisclaimsanyobligationtoupdateinformationcontainedintheseforward-lookingstatementswhetherasaresultofnewinformation,futureeventsorotherwise.

SustainableEnergyForAllofEarth

OurEnergyEconomyIsDirty&Wasteful

PrimaryEnergyConsumption

165PWh/yr

FOSSILFUELS

SUSTAINABLE

CurrentState

Over80%ofGlobalEnergyComesFromFossilFuels

Only1/3ofGlobalEnergyDeliversUsefulWorkorHeat

Butthere’sabetterway

SUSTAINABLE

SUSTAINABLESOURCES

ASustainableEnergyEconomyIsWithinReach&WeShouldAccelerateIt

CurrentState

Sustainable

EnergyEconomy

FOSSILFUELS

EndUseEfficiency

PrimaryEnergy

Consumption

165PWh/yr

82PWh/yr

ASustainableEnergyEconomyIsWithinReach&WeShouldAccelerateIt

HOWTHEMASTERPLANWORKS

240TWh

30TW

$10T

1/2

<0.2%

10%

ZERO

Storage

Renewable

Manufacturing

TheEnergy

LandArea

2022

Insurmountable

Power

Investment

Required

Required

WorldGDP

ResourceChallenges

ThePlanToEliminateFossilFuels

35%

21%

22%

17%

5%

ReductionIn

FossilFuelUse

、

SustainablyFuelPlanes&Boats

7PWh/yr

SwitchtoHeatPumps

29PWh/yr

RenewablyPowerTheExistingGrid

46PWh/yr

Switchto

ElectricVehicles

28PWh/yr

HighTempHeatDelivery&Hydrogen

DisplacedFossilFuels

22PWh/yr

1.RepowertheExistingGridWithRenewables

35%

ReductionInFossilFuelUse

Full

Sustainability

24TWh

StationaryStorage

10TW

Solar+Wind

$0.8T

Manufacturing

Investment

2.SwitchtoElectricVehicles

21%

ReductionInFossilFuelUse

Full

Sustainability

115TWh

VehicleBatteries

&StationaryStorage

4TW

Solar+Wind

$7.0T

Manufacturing

InvestmentNeeds

4TW

Solar+Wind

$7.0T

ManufacturingInvestment

21%

ReductionInFossilFuelUse

2.SwitchtoElectricVehicles

FullSustainability

GlobalElectricFleet

40M380M20M300M700M

115TWh

VehicleBatteries

&StationaryStorage

EVsUseEnergyFarMoreEfficiently

21%

ReductionInFossilFuelUse

Full

Sustainability

TeslaModel3

4x

MoreEfficient

OilWelltoWheel

ToyotaCorolla

3.SwitchToHeatPumpsinHomes,Businesses&Industry

22%

ReductionInFossilFuelUse

Full

Sustainability

6TWh

StationaryStorage

5TW

Solar+Wind

$0.3T

Manufacturing

Investment

PrimaryEnergy/HeatDelivered

HeatPumpsMoveHeat,TheyDon’tCreateIt

22%

ReductionInFossilFuelUse

Full

Sustainability

1.4

1.2

1.0

0.8

0.6

0.4

0

3x

Reduction

GasFurnaceHeatPump

4.ElectrifyHighTempHeatDelivery&Hydrogen

17%

ReductionInFossilFuelUse

Full

Sustainability

48TWh

StationaryStorage

6TW

Solar+Wind

$0.8T

Manufacturing

Investment

4.ElectrifyHighTempHeatDelivery&Hydrogen

17%

ReductionInFossilFuelUse

Full

Sustainability

48TWh

StationaryStorage

6TW

Solar+Wind

$1.0T

Manufacturing

Investment

5%

ReductionInFossilFuelUse

5.SustainablyFuelPlanes&Boats

Full

Sustainability

44TWh

VehicleBatteries

&StationaryStorage

4TW

Solar+Wind

$0.8T

Manufacturing

Investment

StackingUptheInvestmentsinOurSustainableFuture

Solar&WindFarms

30TW

ManufacturingCapex

Vehicle&StationaryBatteries

1.0

$10T

240TWh

0.8

Planes

44

andShips

4

0.3

7.0

48

6

HeatPumps

HighTempThermal

PlanesandShips

Planesand

Ships

5

6

115

HighTemp

Thermal

HighTemp

Thermal

4

HeatPumps

HeatPumps

10

Switchto

EVs

0.8

2

24

Switchto

EVs

1

Today

Switchto

EVs

Renewable

EnergyGrid

RenewableEnergyGrid

Today

Renewable

EnergyGrid

It’sEntirelyFeasible

IfWeGrowourProductionCapacityasShownby2030WeCanBe100%Sustainableby2050

Solar&WindDeployment(TW/Yr)

1.0

3x

.36

2022DeploymentRequiredDeployment

PerYear

Vehicle,Stationary,&Thermal

BatteryProductionTWh/Yr

16

29x

.54

2022DeploymentRequiredDeployment

PerYear

ElectricVehicleProductionMillions/Yr

85

11x

8

2022DeploymentRequiredDeploymentPerYear

DollarsofCapitalInvestment[Trillions]

ASustainableEnergyEconomyIs60%

TheCostofContinuingFossilFuelInvestments

$16

$14

$12

$10

$8

$6$4$2$-

$14T

$10T

20YearsofInvestmentInFossilFuelsat2022Rate

20YearsInvestmentin

SustainableEnergyEconomy

CoalNaturalGasOil

MoreThanEnoughRenewableResourcesAvailable

SolarDirectLandArea

0.14%ofLand

WindDirectLandArea

0.03%ofLand

MoreThanEnoughRenewableResourcesAvailable

SolarDirectLandArea

0.14%ofLand

WindDirectLandAreaTotalEarthLandArea=32,111,167,147Acres

0.03%ofLand12.5%ofLandUseforAgriculture=4BAcres

=2xContiguousUS

EverythingElse

ASustainableEnergyEconomyInvolvesLessMineralExtraction

EACHTRUCKIS1GIGATON

FossilFuelExtraction

EverythingElse

ASustainableEnergyEconomyInvolvesLessMineralExtraction

EACHTRUCKIS1GIGATON

SustainableEconomyMaterials

TheResourcesAreThereToSupporttheTransition

NICKEL

LITHIUM

ZINC

COPPER

COBALT

IRON

MANGANESE

ALUMINUM

GRAPHITE

CumulativeDemandUntil2050,

Relativeto2023USGSEstimatedResources

0%10%20%30%40%50%60%70%80%90%

100%

Reserves

Reserves,NormalizedTo2000Reserves

AndHistoryTeaches:TheMoreWeLook,TheMoreWeFind

9

8

7

6

5

4

3

2

1

0

WhatPeopleThinkHappens

‘02‘06‘10‘14‘18‘22

9

8

7

6

5

4

3

2

1

0

WhatActuallyHappens

‘02‘06‘10‘14‘18‘22

NiLiCoCu

RecyclingWillFurtherReduceMineralDemand

RecyclingWillFurtherReduceMineralDemand

Mining

Recycling

Refining

LifetimeUsage

CathodeProduction

CellProduction

ASustainableEnergyEconomyIsWithinReach&WeShouldAccelerateIt

HOWTHEMASTERPLANWORKS

240TWh

30TW

$10T

1/2

<0.2%

10%

ZERO

Storage

Renewable

Manufacturing

TheEnergy

LandArea

2022

Insurmountable

Power

Investment

Required

Required

WorldGDP

ResourceChallenges

01VehicleDesign

FranzvonHolzhausen,LarsMoravy

01

VehicleDesign

FranzvonHolzhausen,LarsMoravy

TheEarlyDays

MODELS

2

ENGINEERING

3

MANUFACTURING

2012ModelS

1

DESIGN

2

AUTOMATION

Model3

DESIGN

1

MANUFACTURING

ENGINEERING

Model3ProductionHell

Cybertruck

STEELEXOSKELETON

CombiningtheProcessesfortheFuture

1

DESIGN

ENGINEERING

MANUFACTURING

AUTOMATION

CurrentWayofAssemblingaVehicle

Stamp

Body

Paint

FinalAssembly

CurrentWayofAssemblingaVehicle

CurrentWayofAssemblingaVehicle

StructuralPackSub-Assembly

MorePeopleCanWorkSimultaneouslyonNextGenerationVehicle

Model3

NextGenVehicle

44%

OperatorDensityImprovement

30%

SpaceTime

Efficiency

Improvement

Parallel&SerialAssembly

LeftSideRightSideFloor

Stamp&Paint

VehicleAssembly

Casting

Front

Rear

Other

UnboxedProcess

UnboxedProcess

CostofGoodsSold/Car

NextGenerationVehicleManufacturingEfficiencies

>40%

ReductionInManufacturing

Footprint

LEGACYFOOTPRINT

NEWFOOTPRINT

50%

ReductioninCost

Innovation&

Size

Model3/Y

NextGen

02Powertrain

ColinCampbell

02

Powertrain

ColinCampbell

FasterThanaPorsche,MoreEfficientThanaPrius

RelentlessFocusonEfficiency

SmallSUVs(AWD)EPARangeinMiles/kWh

5

4

3

2

1

0

Audi

e-tron

VW1D.4

JaguariPace

ModelY

Ford

Mach-E

Source:OEMWebsites&OtherPubliclyAvailableSources

EfficiencyHelpsUsScale

MODEL3POWERTRAINFROM2017-2022

20%

LighterDriveUnit

25%

LessRare

EarthMaterials

75%

SmallerPowertrainFactory

65%

CheaperPowertrain

Factory

TheKey:HolisticThinking

CustomMicroprocessorforHigh-PowerElectronics

CustomDesignedPackages&MicroprocessorsforPowerElectronics

AFTER

BEFORE

PowerfulIn-HouseSoftware

KEYSIMULATIONTOOLSDEVELOPEDBYTESLA

PowerfulIn-HouseSoftware

KEYSIMULATIONTOOLSDEVELOPEDBYTESLA

STATOR

ROTOR

PowerfulIn-HouseSoftware

KEYSIMULATIONTOOLSDEVELOPEDBYTESLA

In-HouseManufacturingLine&AutomationDesign

OurNextDriveUnitWillBeEvenMoreScalable

75%

ReductionInSiliconCarbide

ANY

BatteryChemistryAccepted

50%

ReductionIn

FactoryFootprint

~$1,000

All-InCost

RareEarthsRequired

MODELY

~500g

RareEarth1

~10g

RareEarth2

~10g

RareEarth3

RareEarthsRequired

NEXTGENERATIONPERMANENTMAGNETMOTOR

0g

RareEarth1

0g

RareEarth2

0g

RareEarth3

LowerCost&HigherEfficiencyDriveUnitsUsingZeroRareEarths

PeteBannon

PeteBannon

ElectronicArchitec

03

03ElectronicArchitecture

ModelS2012

COMPLEXLOWVOLTAGEARCHITECTURE

It’sBeenMessy

ProgressSoFar

FromModelStoModel3

IMPROVEDLOWVOLTAGEARCHITECTURE

MODEL3

MODELS

DesignedOurOwnControllers,WithMoreToCome

SwitchedFromFuse&RelaytoElectronicFuses

ReplacedLeadAcidWithLithiumIonBatteries

LEAD-ACIDBATTERYLITHIUMIONBATTERY

87%

MassReduction

4-YEARREPLACEMENT

LIFETIME

ReducedCostsofModel3/YCenterDisplay

What’sNext

TheFutureofLowVoltageArchitecture

CYBERTRUCK,OPTIMUS,&FUTUREVEHICLESALL48V

Cybertruck

FURTHERIMPROVINGLOWVOLTAGEARCHITECTURE

FutureofTeslaLowVoltage

2012MODELS

CYBERTRUCK

NEXTGENERATIONVEHICLE

Simpler&CheaperElectronicArchitecture,With100%ofControllersDesignedIn-House

04Software

DavidLau

04

Software

DavidLau

RelentlessImprovementViaUpdates&DataInsights

IMPACTS

LEFTHANDIMPACTS

RealWorldCrashTests:FewerDummies,MoreSmarts

FRONTALIMPACTS

RIGHTHAND

REARIMPACTS

2012-10

EnablingPlaid-SpeedProductDevelopment

123MMILESDRIVENPERDAY|1.9MCHARGESESSIONSEVERYDAY

100B

90B

80B

70B

60B

50B

40B

30B

20B

10B

0

TotalVehicleMiles,AllPlatforms

2013-06

2014-02

2014-10

2015-06

2016-02

2016-10

2017-06

2018-02

2018-10

2019-06

2020-02

2020-10

2021-06

2022-02

2023-02

SoftwareThatSpanstheEntireSystem

LeveragingVerticalIntegration

PREDICTIVEAIRSUSPENSION

RougherRoad

VehicleSoftwareasanIntegralPartoftheAssemblyLine

BuildingtheFoundationsofAutonomousFleetManagement

TESLAPROFILES|SHAREDPHONEKEY|LOGISTICSAPP

EnablingRobotaxiFleetReducingServiceatMassScaleEmpoweringManufacturing

SoftwareEnablesEfficiency,CostReduction&Speed

05

05FullSelf-Driving

AshokElluswamy

FullSelf-Driving

AshokElluswamy

ArchitectureforaGeneralizedVisionSystem

RegNet

RegNet

RegNet

FPN

FPN

FPN

Transformer

VideoModule

Lane

Guidance

Module

UsingState-of-the-ArtAIforModeling

Main

Camera

LeftPillarCamera

Backup

Camera

NavigationMap

…

VISIONCOMPONENTMAPCOMPONENT

AutoregressiveDecoder

(DenseWorld

Tensor)

LANGUAGECOMPONENT

(SparseLane

Outputs)

Lanes

Instances

AdjacencyMatrix

AlsoSolveComplexPlanningProblemsUsingAI

10ms

JointPlanningforEachConfiguration

50ms

DesiredPlannerExecutionTime

AutomatedLabelingbyMulti-TripReconstruction

AutomaticallyProduceChallengingSimulations

100

95

90

85

DataAloneCanImproveCornerCases

+14KVIDEOS

EvaluationSet

VehicleMovementAccuracy

Trainingset

80

SepJanMarAprOct

SIMULATIONAUTO

LABELHUMANLABEL

TrainingSet

TeslaFleet

TrainOnlineModel

TrainOfflineModel

Deploy

TriageShadowTesting

SimulationAutoLabelHumanLabel

DATAENGINE

MineFleet

CorrrectInaccuracy

EvaluationSet

TrainedWithLargeDataset

LargeNetworksNeedLargeClusters

14KGPUs

4KForAutoLabeling

10KforTraining

30PBDISTRIBUTEDVIDEOCACHE

160BFrames

500KVideosRotatingThroughCache/Day

400KVideoInstantiationsperSecond:

OCCUPANCYNETWORKRECIPE

Pick1.44Bframes

Trainfor100.000GPU-hoursat90C

ScalableFSD=AI+Data+Compute

HigherUtilization

HigherSafety

MilesDrivenPer1Collision

TeslaVehicles

UsingFSDBeta

USAverage

0.5M

3.2M

06Charging

RebeccaTinucci

06

Charging

RebeccaTinucci

HolisticChargingExperience

9TWhOFCHARGINGPROVIDEDIN2022

99%

RoadtripsPossible

1.5M

WeeklySuperchargingSessions

99.9%

Site-Level

Uptime

HowWeGotHere

Industry’sLowestDeploymentCosts

$200K

$180K

$160K

$140K

$120K

$100K

$80K

$60K

$40K

$20K

0

SuperchargerHardware&InstallationCost

-75%

-55%

-35%

AustraliaCaliforniaNewYork

$1,200

$1,000

$800

$600

$400

$200

0

ResidentialACRetailHardwareCost

-20%

-50%

NorthAmericaEurope

CompetitorAverageTeslaCompetitorAverageTesla

Pre-BuiltSuperchargersSaveWeeksofInstallTime&Cost

40%ImprovementinPerkWhCosts

40%ImprovementinPerkWhCosts

PerkWhSuperchargerCost

(NotIncludingEnergyCosts)

%OfCustomerWaiting

DailykWhperpost

TripPlannerPowersEfficientRouting

WaitTimeIsDown&SiteUtilizationIsUp

2.0%

1.0%

0.0%

2019202020212022

200

150

100

50

0

(Min)

30%QuickerChargeTimes

-TransitiontoV3

-EfficientRoutingWithTripPlanner

-SuperchargerDensityIncreasing

-VehicleEfficiency

-BatteryPre-Heating

-CustomerEducation

AverageSuperchargingTime

ReadyToServeAllVehicles

ReadyToServeAll

MaximizeConvenient,Renewably-PoweredDaytimeCharging

1.8

1.6

1.4

1.2

1.0

0.8

0.6

0.4

0.2

0

MatchVehicleChargingWithRenewableGeneration

Wind+SolarGeneration

VehicleCharging

0

20

15

5

10

HourofDay

FewVehiclesParkedDuringDay

LotsofVehiclesParkedDuringDay

WhatItTakesToGetThere

OpenUptoNon-Teslas

Renewable

Charging

Capacity

More

Scale

Can’tForgetToDoCoolS***

07

07SupplyChain

KarnBudhiraj,RoshanThomas

SupplyChain

KarnBudhiraj,RoshanThomas

TeslaSupplyChain

TIER1PARTS

TIER2PARTS

21K

3.4K

19K

2.1K

7K

2.8K

TheMostPowerfulIn-VehicleComputer

7K+

Components

1.4ms

BetweenEach

ComponentAssembled

IntoaCarComputer

95%

ReductioninLabor

IMGTBD

IMGTBBD

InboundComplexity

16M

Pallets&RacksReceivedin2022

1B

ElectronicComponentsShippedEachWeek

685

GlobalServiceLocations

45

Countries

SupplyChainHell

THOUSANDSOFVEHICLESTTM

ScalingAgainsttheOdds

1400

1200

1000

800

600

400

200

0

Q1’18Q1’19Q1’20Q1’21Q1’22Q4’22

RELATIVEUSAGE

2023

1.8M+

VEHICLES

~135M

200M

<5%

0.5%

SemiconductorIndustryCanSupportOurGrowth

TeslawithFSDHardwareUsesMore

SemiconductorsThananICEVehicle

FUTURE

20M

8M

0.7M

SILICONWAFERSUSED12”EQUIVALENT

GLOBALWAFERCAPACITY

TESLASHARE

BeforeHeatPump

LegacyModelS/X

LegacyModel3

NextGenerationThermalArchitecture

HEATPUMP

100+

SUBCOMPONENTS

NumerousManufacturingProcesses:

Forging,Stamping,InjectionMolding,

Brazing,HeatTreatment,PlasticWelding,

WaterJetting,Machining,Ultrasonic

Cleaning,AirFlushing,Soldering,Leak

Testing,ComplexAssembly

MANUAL

AUTOMATED

EvolutionoftheHeatPumpLine

WHEREWESTARTED

SEMI-AUTOMATED

WHEREWEARENOW

SIMULATED

DoingMoreWithLess

99%

Reductioninlabor

99.995%

OfheatpumpsreceivedatTeslaareofhighquality

7sec

Betweeneachheatpumprollingoffasupplierline

Efficiency,Automation&Cost

FewerParts,FewerComponents

InvolvementWithSuppliers

DoMoreWithLess

Deep

08Manufacturing

TomZhu,DrewBaglino

08

Manufacturing

TomZhu,DrewBaglino

WeBuildUltraHighVolumeFactories

65K

ManufacturingEmployees

~2M

TotalAnnual

BuildCapacity

4

Vehicle

Factories

CompletedGigafactoryShanghaiin9.5Months

HittingNewMilestonesin2023

FORTOTALVEHICLEPRODUCTION

FirstMillion

12Years

FourthMillion

7Months

Output

LaborHours

Output

LaborHours

ShanghaiMYOutput

ShanghaiMYLaborHours

FremontMYOutput

FremontMYLaborHours

WhatItTakesToRampaGigafactory

90%OVERALLEQUIPMENTEFFECTIVENESS&45SECONDCYCLETIME

21’Q321’Q422’Q122’Q222’Q322’Q4

21’Q321’Q422’Q122’Q222’Q322’Q4

QuestionDeleteSimplifyAccelerateAutomate

9%

ServiceAppointmentWaitTimeReduction

11%

TimeinService

Reduction

(Last6Months)

16%

EarlyServiceReduction

StrengthenedFeedbackLoopBetweenManufacturing&Service

Removetheminussignfrominfrontofeachnumbersinceitsaysreductionintheunit

TeslaVehicleFootprint

&MORETOCOME;)

AustinBerlinShanghaiFremont

ThereIsNoSpoon

FutureCellFactories,Too

THEREISNOSPOON

ThereIsNoSpoon

FutureCellFactories,Too

THEREISNOSPOON

SimplicityUp,InvestmentDown,ScaleUp

Typical2170CylindricalFremont4680GFTX4680GFNVFuture4680

Parts

Processes

17

33

16

23

15

21

15

21

AndUpstreamMaterialsWhereNecessary

50GWh/YearCorpusChristiLithiumRefinery

STARTSCOMMISSIONINGENDOF2023

ManufacturingistheCornerstoneofaSustainableFuture

NewWavesofProductionLinesIncoming

RampFasterThroughLearnings

BuildProductionLinesFaster

DrewBaglino,MikeSnyder

09Energy

09

Energy

DrewBaglino,MikeSnyder

BuildingMission-AlignedProjectsGloballyfor10Years

GrowthIsAccelerating

GrowthIsAccelerating

65%CAGRSINCE2016

HowDidWeGetHere

MANIACALFOCUSONALLASPECTSOFDELIVERINGSTATIONARYSTORAGEVALUE

NotJustaBigBoxofBatteries

14Yearsofin-HousePowerElectronicsExpertise

1.4+TWDEPLOYED

RetiringFossilFueledPowerPlantsWithSoftware

HowDidWeGetHere

RELENTLESSFOCUSONSPEEDOFEXECUTION

BuildMegafactoriesFaster

FIRSTMEGAFACTORYBUILTINLESSTHANONEYEAR

InstallProjectsFaster

4XINSTALLATION&COMMISSIONINGSPEEDSINCE2019

TeslaElectricUnlockstheFullValueofDistributedEnergy&Storage

ENABLINGOURCUSTOMERSTOBECOMETHEIROWNUTILITY

$142/month

DefaultUtilityService

$69/month

AddSolarand

Powerwall,without

GridInteraction

$130

CostofProviding

Electricitytothe

AverageRetail

Customer

TeslaElectricValueCreation

$61/month

TeslaElectricReal-Time

DispatchofSolarand

PowerwalltoBenefittheGrid

Basedon5,000Australia

Customersin2022

TeslaElectricRolloutPlan

TeslaElectricRolloutPlan

ing

ThisIsJusttheBeginning

CumulativeTeslaStorageDeployed

Wearehere

FocusonBuildingCapacity&RampingFastTeslaIsanElectricityRetailer

ImpactatTesla

01Impact

LaurieShelby,BrandonEhrhart

WhoWeAre

TheTeamisGrowingRapidly

1/2WORKINMANUFACTURING

120,000

100,000

80,000

60,000

40,000

20,000

0

129k

2010201120122013201420152016201720182019202020212022

TeslaGlobalEmployeeCount

2,500,000

Tesla2

NASA

3

2,000,000

LockheedMartin4

1,500,000

Boeing5

Apple6

1,000,000

EngineersWanttoWorkHere

TotalApplicants

USEngineeringStudents’Rankings

3,000,000Employer2022Ranking

SpaceX1

Google7

500,000Microsoft8

NorthropGrumman9

0201920202021RaytheonTechnologies10

EmployeeSuggestions

WorkRelatedInjuriesRate

AsEmployeeEngagementIncreases,SafetyImproves

7,000

6,000

5,000

4,000

3,000

2,000

1,000

0

2022

Q1Q2Q3Q4

EmployeeSuggestionsFromGFNVWorkrelatedinjuriesRateFromGFNV

3.1

2.9

2.7

2.5

2.3

2.1

1.9

1.7

Sustainability&ImpactisEverythingWeDo

TeslaSolar

EnergyStorage

TeslaCells

TeslaVehicles

MaximizingUtilization

ThroughSoftware

Autobidder

FSD

OurProductsGenerateMoreEnergyThanOurProducts&FactoriesConsume

TeslaCumulativeNetEnergyImpact:2012-2021

EnergyProduced

TeslaSolarPanels

25.39(TWh)

EnergyConsumed

TeslaFactories&OtherFacilities

25.27(TWh)

EnergyUsedatTeslaFactories&OtherFacilities

EnergyUsedtocharge

allTeslavehicles

gCO2e/mi

OurVehiclesEmitLessEmissonsThanGasVehicles

INCLUDINGBOTHMANUFACTURING&USE

Av