Tesla Results Presentation Deck

9 VEHICLE CAPACITY After our scheduled global factory shutdown in Q3, our global production reached a record annualized run rate of nearly 2.0 million vehicles in Q4. The refreshed Model 3 - with a significantly quieter cabin, ventilated seats, a screen for rear seats, longer range and many other improvements - is now available globally. US: California, Nevada and Texas Before Tesla purchased the Fremont factory, the record output of the previous owner was nearly 430,000 nicles made in a single year. In 2023, the Tesla Fremont factory produced nearly 560,000 vehicles thanks to our -20,000 Fremont- based employees. At Gigafactory Texas, we began production of the Cybertruck and delivered the first units to customers. We expect the ramp of Cybertruck to be longer than other models given its manufacturing complexity. China: Shanghai Shanghai resumed normal rate production in Q4, rebounding from the scheduled downtime in Q3. Production of the updated Model 3 ramped to full speed in less than two months. Europe: Berlin-Brandenburg Model Y production in Berlin continued to grow in Q4, achieving both a record weekly production rate and a sequential increase in total production volume for the seventh consecutive quarter. Region California Shanghai Berlin Texas Nevada Various 4% Pilot production In development In development TBD Installed capacity current production rate and there may be limitations discovered as production rates approach capacity. Production rates depend on a variety of factors, including equipment uptime, component supply, downtime related to factory upgrades, regulatory considerations and -US/Canada -Europe -China other factors. 3% 2% 1% 0% Q4 2017 Q1 2018 Q2 2018 Current Installed Annual Vehicle Capacity Model Model S / Model X Model 3 / Model Y Model 3 / Model Y Model Y Model Y Cybertruck Q3 Tesla Semi Next Gen Platform Roadster 2018 Q4 2018 Q1 2019 Q3 2019 Q2 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Capacity 100,000 550,000 >950,000 375,000 >250,000 >125,000 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Status Production Production Production Production Production Production Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Market share of Tesla vehicles by region (TTM) Source: Tesla estimates based on latest available data from ACEA; Autonews.com; CAAM - light- duty vehicles only; TTM = Trailing twelve months

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