Tesla Results Presentation Deck slide image

Tesla Results Presentation Deck

OTHER HIGHLIGHTS Energy Business Energy storage deployment reached an all-time high of 530 MWh in Q4, which included the first deployments of Megapack, our new commercial- scale 3 MWh integrated storage system that is preassembled at Gigafactory Nevada as a single unit. Since the introduction of this product, the level of interest and orders from various global project developers and utilities has surpassed our expectations. In 2019, we deployed 1.65 GWh of energy storage, more than we deployed in all prior years combined. In Q4, we deployed 54 MW of solar, 26% more than in the prior quarter. Where offered, subscription solar has grown significantly in Q4. With a monthly subscription that can generate income from the first month of usage, there is no reason not to have solar panels installed. Solarglass Roof In Q4, we continued to ramp both Solarglass Roof production as well as installations. In addition to Tesla installers, we have also partnered with several roofing companies to support installations to fulfill demand for Solarglass Roof. After organizing several roofing company training days at our training homes in Fremont, we already demonstrated dramatically shorter installation times versus previous versions of this product. Solarglass tiles are made in our Gigafactory New York, and we are hiring hundreds of employees at this facility. 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 20 15 20 16 2017 20 18 Energy storage deployed (in MWh) Solarglass Roof installation. 20 19 TESLA
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