Tesla Results Presentation Deck slide image

Tesla Results Presentation Deck

OPERATIONAL SUMMARY (Unaudited) Model S/X production Model 3/Y production Total production Model S/X deliveries Model 3/Y deliveries Total deliveries of which subject to operating lease accounting Total end of quarter operating lease vehicle count Global inventory (days of supply) (¹) Solar deployed (MW) Storage deployed (MWh) Store and Service locations (2) Mobile service fleet Q2-20 19 14,5 17 72,531 87,048 17,722 77,634 95,356 6,142 38,828 19 29 4 15 406 651 Q3-20 19 Supercharger stations Supercharger connectors Our finished vehicle inventory levels decreased to 17 days of supply (1) at the end of Q2. 1,587 13,881 16,318 79,837 96,155 17,483 79,703 97,186 9,086 44,241 18 43 477 4 17 719 1,653 14,658 Q4-20 19 17,933 86,958 10 4,891 19,475 92,620 112,095 8,848 49,901 10 54 530 433 743 1,821 16,10 4 Q1-2020 15,390 87,282 10 2,672 12,230 76,266 88,496 6,10 4 53,159 25 35 260 438 756 1,9 17 17,00 7 Q2-2020 6,326 75,946 82,272 10,6 14 80,277 90,891 4,716 54,5 19 17 27 4 19 446 769 2,035 18, 10 0 QoQ -59% - 13% -20% - 13% 5% 3% -23% 3% -32% -23% 6 1% 2% 2% 6% 6% Yo Y -56% 5% -5% -40% 3% -5% -23% 40% - 11% -7% 1% 10% 18% 28% 30% Since leasing revenue and leasing cost of goods sold (COGS) are driven by total net leased vehicle count, we have included the quarter-end operating lease vehicle count in the table above. Some legacy leases require lease accounting, despite receiving cash associated with the full vehicle price at time of delivery. As those leases expire and the return option is not taken, the remaining unrecognized revenue and COGS are booked to leasing revenue and leasing COGS. (1) Days of supply is calculated by dividing new car ending inventory by the quarter's deliveries and using 75 trading days (aligned with Automotive News definition) (2) Our Store and Service locations metric now includes body shops TESLA
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