Tesla Results Presentation Deck

5 FINANCIAL SUMMARY Revenue Pro Cash ity Total revenue grew 9% YoY in Q3 to $23.4B. YoY, revenue was impacted by the following items: + growth in vehicle deliveries + growth in other parts of the business - reduced average selling price (ASP) YOY (excluding FX impact) - negative FX impact of $0.4B¹ Our operating income decreased YoY to $1.8B in Q3, resulting in a 7.6% operating margin. YoY, operating income was primarily impacted by the following items: - reduced ASP due to pricing and mix - increase in operating expenses driven by Cybertruck, Al and other R&D projects - cost of production ramp and idle cost related to factory upgrades negative FX impact + growth in vehicle deliveries (despite the margin headwind from underutilization from new factories) + lower cost per vehicle and IRA credit benefit + gross profit growth in Energy Generation and Storage as well as Services and Other + growth in regulatory credit sales Quarter-end cash, cash equivalents and investments increased sequentially by $3.0B to $26.1B in Q3, driven by financing activities of $2.3B and free cash flow of $0.8B. (¹) Impact is calculated on a constant currency basis. Actuals are compared against current results converted into USD using average exchange rates from Q3'22. TESLA

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