Tesla Results Presentation Deck

22 STATEMENT OF CASH FLOWS (Unaudited) In millions of USD CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) income Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: Depreciation, amortization and impairment Stock-based compensation Operating cash flow related to repayment of discounted convertible notes Other Changes in operating assets and liabilities, net of effect of business combinations Net cash (used in) provided by operating activities CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures Payments for the cost of solar energy systems, net Purchase of intangible assets Receipt of government grants Business combinations, net of cash acquired Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Net cash flows from debt activities Collateralized lease repayments Net (repayments) borrowings under vehicle and solar financing Net cash flows from noncontrolling interests - Auto Net cash flows from noncontrolling interests - Solar Proceeds from issuances of common stock in public offerings Other Net cash (used in) provided by financing activities Effect of exchange rate changes on cash and cash equivalents and restricted cash Net (decrease) increase in cash and cash equivalents and restricted cash Cash and cash equivalents and restricted cash at beginning of period Cash and cash equivalents and restricted cash at end of period Q1-2019 (668) 468 208 (188) 216 (676) (640) (280) (25) (1) (306) (456) (134) (95) (33) (13) 78 (653) 5 (1,594) 4,277 2,683 Q2-2019 (389) 579 210 176 288 864 (250) (18) (5) 32 (241) 1,326 (85) 58 19 (41) 848 18 2,143 2,766 2,683 5,449 Q3-2019 150 530 199 69 (192) 756 (385) (25) II (76) (486) (55) (83) 183 30 (28) 71 118 (11) 377 5,449 5.826 Q4-2019 132 577 281 204 231 1,425 (412) (37) 46 (403) (591) (87) 478 19 6 96 (79) 14 957 5,826 6,783 Q1-2020 68 553 211 175 (1,447) (440) (455) (26) 1 (480) 544 (97) (160) (8) (40) 2,309 160 2,708 (24) 1,764 6,783 8,547 TESLA

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