Tesla Results Presentation Deck

VEHICLE CAPACITY Fremont The production ramp of Model Y started in January 20 20. Together with Model 3, our combined installed production capacity for these vehicles is now 400,000 units per year. The ramp of Model Y will be gradual as we will be adding additional machinery in various production shops. After such expansions are done by mid-2020, installed combined Model 3 and Model Y capacity should reach 500,000 units per year. We will start delivering Model Y vehicles by the end of Q12020. Shanghai We have been gradually ramping local production of battery packs since late Q4 20 19. The rest of the Model 3 manufacturing processes are running as expected. Due to strong initial customer response in China, our goal is to increase Model 3 capacity even further using existing facilities. We have already broken ground on the next phase of Gigafactory Shanghai. Given the popularity of the SUV vehicle segment, we are planning for Model Y capacity to be at least equivalent to Model 3 capacity. Berlin-Brandenburg We are moving forward with our preparations near Berlin, which we have selected as the right place to build vehicles for the European market due to a strong manufacturing and engineering presence in Germany. The first deliveries from this factory are expected in 2021. Installed Annual Capacity Fremont Status Production Production Production Construction In development In development In development In development In development * Model 3/ Model Y installed capacity in Fremont will extend to 500,000 by mid-2020 Shanghai Berlin North America 300,000 250,000 200,000 150,000 100,000 50,000 0 Model S Model X Model 3 / Model Y Model 3 Model Y Model 3 Model Y Tesla Semi Roadster Cybertruck 2017 2018 Current 90,000 * 400,000 150,000 Model 3 deliveries by region 20 19 ■Other Greater Chinal ■ Europe North America TESLA

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