In Palo Alto, California, Clean Energy Company Tesla Produces Electric Vehicles
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Tesla Company 3500 Deer Creek Road Tesla Ecosystem Palo Alto, CA 94304 (650) 681-5000; www.tesla.com Outside Relationships Outside Relationships Tesla Company (a Delaware Corporation) Securities Regulation and Regulators Capital Suppliers Customers Debt Structure Equity Structure Stock Exchange Customers Suppliers Capital Regulators Listing Rules Lenders Recourse Debt ($5.66B) Non-Recourse Debt ($4.56B) Solar Term Loan @ 3.7% Total Finance Leases Equity Securities Vehicle- Bond Automotive Asset-b\Backed Cash Equity Debt @ 5.3%-5.8% ($0.151B) ($1.468B) Regulators Related Public Debt Financing 2021 Notes @ 1.25% ($419M) ABL Credit Agreement @ Significant Notes @ 0.6%-7.9% ($1.698B) ($426M) Share Repurchase Preferred Stock Common Stock Regulation Holders 3.30% ($1.895B) Automotive Lease-backed Credit Equity Capital Stockholders Credit Ratings Plan Authorized: 100 M Authorized: 2000 M US Securities and 2022 Notes @ 2.375%($481M) Solar Asset-Backed Notes @ Solar Loan-backed Notes @ Facilities @ 1.9%-5.9% (0.033B) Moody’s: B2-Corporate Exchange Commercial Commercial Authorized: None Issued and Outstanding: Issued and Outstanding: Labor Unions National Highway Banks 3.0%-7.7% ($1.115B) 4.8%-7.5% ($146M) Family Rating; B3-Senior Elon Musk Commission Traffic Safety Loans 2024 Notes @ 2.00 % ($1.027B) Solar Bonds and Other Loans Solar Revolving Credit Facility Available: N/A None 959.85M (Tesla Not Currently (20.8%) (SEC) (Wells Fargo, Unsecured Rating Unionized) Administration JPMorgan Chase, @ 3.6%-5.8% ($54M) China Loan Agreements @ 4% Warehouse Agreements @ and Other Loans @ 2.7%-5.1% Expiration: N/A Record Holders: 0 Record Holders: 5,353 (Securities Law (NHTSA) and 2025 Notes @ 5.30 ($1.785B) ($81M) S&P: BB Goldman Sachs, ($616M) 1.7%-1.8% ($294M) Union IG Metall Disclosure and Foreign Regulators Vanguard Reporting Various Chinese Vehicle Safety Organization Group Federal Motor Vehicle Banks) Campaigns United Auto Requirements; Anti- and Related (5.74%) Bribery Law) Safety Standards Regulation Governance Finance, Human Resource Design Corporate Matters Workers (UAW) (Crash-Worthiness, Government Board of Directors Capital Crash Avoidance, and Accounting HR Business Partners Manufacturing Supply Chain The NASDAQ Government Incentives Elon Musk Visual Design Select Suppliers Research & Electric Vehicle Rules) Robyn M. Denholm Committees: Management Global Select Incentives Select People Operations Engineering Purchasing Market Bumper Standard Ira Ehrenpreis (C,G) (Chair,A,DC,C,G) Audit (A) Finance Operations Video Production (4.88%) Suppliers Avid Technology (Listing and California Antonio J. Gracias (A) Disclosure Controls (DC) Learning, Development, and Quality Engineering Logistics Corporate Average Financial Planning & Color, Material and Finish (Electrified Maintenance Rules) Alternative Professional Services Larry Ellison James Murdoch (A,DC,G) Compensation (C) Performance Powertrain Parts) BlackRock Fund Fuel Economy Energy and Analysis Design Packaging Engineering Planning Advisors Standards PwC Hiro Mizuno (A) Nominating and Governance Advanced Kathleen Wilson-Thompson Benefits Strattec Security (3.51%) (Audit Services) Internal Audit Tesla Design Industrial Engineering Theft Prevention Transportation Kimbal Musk (DC,C,G) (G) Industrial Engineering (Smart Vehicle Financing New Hire Orientation Locks, Keys and Consumer Information Wilson Sonsini Manufacturing Accounting Digital Content Automation Controls SSGA Funds Authority Access Controls) Management Labeling Rules (Sales Tax (Legal Services) Management Team Engineering Electric Vehicle Projects Energy Service Industrial & (3.12%) Exclusions for In- Elon Musk—CEO and co-founder of Tesla Fund & Cost Accounting Operations & Business Early Warning Materials Supplies Robyn M. Denholm—Chairman Process Engineering Cybertruck Handy & Harman State Electric Motors & Chairman of SolarCity Support Reporting for Warranty Engineering and IT Tesla Roadster (Precious Metals, Vehicle and AGC Automotive Finance Analysis Tubing and Baillie Gifford Claims, Deaths and Franz von Holzhausen—Chief Designer Materials Powertrain (Windshields) Zachary J. Kirkhorn—CFO Energy Legal Tesla Semi Engineered (2.88%) Injuries, Foreign Production) Components and Public Utility Recalls, Robin Ren—Vice President - Asian Pacific Service & Energy Installation Energy Materials) ABC Group Vaibhav Taneja—Chief Accounting Officer Energy Operations Immigration Low-Cost Vehicles Materials Supplies Institutional Regulation Nevada (Washer Reservoir Vehicle Engineering (with Full Self Driving and Orbital Energy Ownership: (Tesla Relies on an Owner’s Manual Litigation Management Exclusion from Governor’s System) Jerome Guillen—President, Automotive Yaron Klein—Treasurer Sales & Customer Support Residential Energy Battery Cell Technologies) (Energy Infrastructure 45.81% Requirements Office of IT and Software Regulated Utility Regulation As A Public Policy & Business Autonomous Tesla Ride- Services Platform) Economic Angell-Demmel Exclusion “Regulated Public Manufacturer’s Andrew Baglino—SVP - Powertrain & Martin Viecha—Senior Director - Investor Development Vehicle Hardware Hailing Network Suggested Retail Development (Metal Sill Plates) Energy Engineering Relations Marketing & Communication Construction and Facilities Utility”) Price, Optional (Tax Abatements, General Business Argent Equipment and Pricing Tax Credits for In- Regulation General Regulation (Belt Buckle Pad) Disclosures State Capital Issuance of Investment, and Brembo Battery Cells, Operations Regulatory Credits U.S. Guidelines on Self- Hiring) Types of U.S. (Brakes) Steel, Aluminum, Environmental Driving Vehicles Cobalt, Nickel, Operations (70,757 Employees)AUTOMOTIVE SEGMENT ENERGY GENERATION AND STORAGE SEGMENT and Foreign Protection Agency Research (2020 Revenues: $27.236 Billion) (2020 Revenues: $1.994 Billion) Regulatory Industrial IEH Regulatory (EPA) (Regulates Foundation for Fisher Dynamics Copper, Base and Credits Sales Companies Use, Storage, and Precious Metals, (Circuit Connectors) Credits State and Foreign the Sate (Power Seats) Model S Model X Model 3 Model Y Energy Storage Products Solar Products (e.g., Automakers Disposal of Battery Vehicle Regulators University of Plastics, General Motors Packs, Transport of Harada and Fiat Chrysler Zero-Emission Dangerous Goods; (Restrictions on Self- New York Coatings, Powerwall Mega/Powerpacks Panels/Roof Inverters Racks Hardware Core Molding (Antenna System) Electronics, 4-Door Sedan: All-electric 4- Mid-Size SUV: All-electric Mid-Size Sedan: All-electric 4- Compact SUV: All-electric Auto) Technologies Vehicles Credits Greenhouse Gas Driving Vehicles or (Lease, Research Emissions) Complex Vehicle mid-size sport utility vehicle door midsize sedan forPack up to 5 and Power pack Customers (Sheet Molding (California) Driver-Assistance and Development door full-size sedan, standard compact sport utility vehicle Stores energy at a home When combined, Mega- Converts the Coordination of Inteva Products Components and dual motor all-wheel drive for up to 7 adults, falcon wing adults, rear-wheel drive, dual (built on the Model 3 platform) Converts Connects Compounds, Fiber Features) Alliance on Triex or small commercial and Power-packs can output from Financing Greenhouse U.S. Patent and (Instrument Panel) Subassemblies, doors, panoramic windshield: motor all-wheel drive variants, sunlight into the solar Attaches the Glass Reinforced Module powertrain; includes Tesla for up to 7 adults, dual motor facility; includes 13.5- create microgrids that the panels to Alternatives for Solar Financial Gas Emissions Trademark Office, and Other vehicle mainstays – autopilot autopilot, large touchscreen autopilot, large touchscreen all-wheel drive, heat pump, electric energy solar panels Plastics) Technology, Hiring Modine kilowatt hour (“kWh”) provide communities with a current Systems Buyers Institutions Credits U.S. Copyright State Laws Supplies (Full Self Driving/FSD), large interface; optional interface, priced for mass- autopilot, large touchscreen rechargeable lithium-ion clean, resilient, affordable current; compatible system to to the roof or Office, and Foreign and Investment Manufacturing includes the the electric ground (EPA) Regarding Vehicle touchscreen interface, with Performance version for market appeal; optional interface; optional battery with integrated power; can reach gigawatt with the Perma-Pipe Counterparts Targets) (Battery Chiller) Direct Sales Solar Roof grid Solar Product (Intellectual Property Manufacturer and over-the-air software updates enhanced speed and styling Performance version Performance version inverter hours (“GWh”) or greater electric grid International (via website and company-owned retail stores)+ Loan Financing Fuel Economy Registration) Dealer Operations Shanghai Multimatic Arrangements Holdings Credits (Licensing Planning and (Front Door Hinges) Image Image Image Image Image Image Image Image Image Image (Piping Systems) (NHTSA) U.S. Department Requirements; Land Resource Solar Energy of Labor and Prohibition in Some Administration Panasonic Generation Foreign Applied Renewable States Against Vehicle Bureau (Battery Cells) Sales of Solar Customers Energy Credits Counterparts Manufacturers to (Land Use Rights Optoelectronics (Wage and Overtime Energy Generation Record Keeping, Fair Operate as Dealers) for Gigafactory and PSM International Commercial (Fiber Optic Systems Networking Products) Clean Fuel Hiring, Serious Injury Income Tax (Flange Form Nuts) Customers Credits