Tesla Results Presentation Deck

OPERATIONAL (Unaudited) Model S/X production Model 3 production SUMMARY Model S/X deliveries of which subject to lease accounting Model 3 deliveries of which subject to lease accounting (1) Global inventory (days of sales) Solar deployed (MW) Storage deployed (MWh) Store and Service locations Mobile service fleet Supercharger stations. Supercharger connectors Q4-20 18 25,161 61,394 27,607 3,639 63,359 19 73 225 378 4 11 1,421 12,00 2 Q1-20 19 14,163 62,975 12,091 1,363 50,928 30 47 229 377 550 1,490 12,767 Q2-20 19 14,5 17 72,531 17,722 1,820 77,634 4,322 18 29 4 15 402 651 1,587 13,881 Q3-20 19 16,3 18 79,837 17,483 2,588 79,703 6,498 17 43 477 4 13 719 1,653 14,658 Q4-20 19 17,933 86,958 19,475 2,807 92,620 6,041 11 54 530 429 743 1,821 16,10 4 QoQ 10% 9% 11% 8% 16% -7% -35% 26% 11% 4% 3% 10% 10% YoY In Q4, the annualized total vehicle production rate in Fremont was just over 415,000 units, about the same rate as the factory under NUMMI reached in its peak year of 2006. We achieved this production rate in spite of Model S/X running on a single shift and before the start of Model Y production. Our finished vehicle inventory levels reached just 11 days of sales(¹) at the end of Q4, the lowest level in the past 4 years. Our Mobile Service fleet almost doubled in 20 19 to 743 vehicles, and we continue to open new service locations globally. As customers are increasingly buying their Tesla vehicles online, vehicle deliveries grew 50% while our retail footprint remained unchanged with a stable total store count across 2019. 1 The industry reference for days of sales is calculated by dividing new car inventory by the trailing four quarters of deliveries and using 261 working days (source: Automotive News). -29% 42% -29% -23% 46% -42% -26% 136% 13% 81% 28% 34% TESLA

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