#Model3

Q3 Shareholder Update → Highlights – FSD Supervised attach rate grew to over 75% of new vehicle deliveries in NA – Unveiled the next-gen Roadster – Record deliveries in Canada, Australia, Japan & Taiwan – Tesla Semi now in volume production. Top variant can go up to 500 miles at a full 82,000 lbs while achieving efficiency of 1.7 kWh/mile – about a third of the energy a comparable diesel truck burns for the same load – Ended the quarter with the largest backlog for our passenger vehicles in 4 years! FSD Supervised – 4 new approvals since Q2 (Croatia, Slovenia, Czech Republic, Slovakia) – FSD is now live in nine EU countries & used by over 100,000 customers logging more than 160 million kilometers since initial approval Robotaxi – Deployed Cybercab into our Austin fleet – Hit nearly 2 million cumulative unsupervised miles, 8x growth in the quarter – Austin service now runs 6 am to midnight, with wait times continuing to come down as we add cars & improve the orchestration algorithms – Added Grok to Cybercab with Grok Bot & Connectors, letting you interface with your inbox, calendar, files, chats and tasks, all by voice. Transport, office & living room in one Robotics – Started production of @Tesla_Optimus on our high-volume lines in Fremont. These are the first production-quality bots we've built, proving that the current manufacturing process for Optimus is suitable for a commercial product SI Compute – On track for 400 MW of training compute by year end, feeding both vehicle & humanoid autonomy – Austin Fab construction continues, equipment commissioning planned for 2027 Battery – Battery supply is still the limiter on how fast we ramp vehicles globally, so we're expanding on every front: pack capacity in Berlin, cathode and lithium refining in Texas, LFP cells in Nevada – Shipped the first Megapacks built entirely with our own LFP cells – Increasing 4680 output to support ramp of Cybercab, Semi & Model Y Energy – Megafactory Texas is up & running, with Megapack 3 production started – Highest-ever order rate & backlog for energy storage Grid constraints & power availability are making Megapack the answer for SI infrastructure demand: it excels at supplying large data center loads, smooths out demand spikes, helps new projects meet grid connection rules & makes the grid itself more stable All with less local fossil fuel generation Supporting Infrastructure – Added 2,100+ net new Supercharger stalls, up 14% year over year

Driving my @Tesla model Y home from pickup, first ever ride, this car is absolutely amazing. @elonmusk your team has produced a masterpiece, FSD is incredible🙌🏻

INTERGALACTIC EXCLUSIVE: FIRST DRIVE OF THE ALL-NEW @TeslaMotors #MODEL3

Ramp-up is in full swing at Giga Berlin. This week we hit the next production milestone: 7,000 Model Y built in one week. Congrats to the whole team!

🚨 WARNING: SOMETHING EXTREMELY BAD JUST HAPPENED A U.S. startup has successfully produced the FIRST REAL LAB-GROWN GOLD. And its process already beat CERN’s gold production by 10X. And they are not stopping there. Their model says a future 1 GW fusion plant could produce around 2 TONNES OF GOLD PER YEAR. This changes everything: For thousands of years, gold had one advantage nobody could replicate: SCARCITY. New supply could only come from finding more deposits, building more mines and pulling more metal out of the ground. Now technology is attacking that assumption directly. And we have already seen what happens when technology destroys a scarcity premium. DIAMONDS. Lab-grown diamonds entered the market: - Production scaled. - Prices collapsed. Natural diamonds suddenly had to compete with something chemically almost identical that could be produced at a fraction of the cost. Gold could now be facing the same problem. But this could be much bigger: Gold is not just jewelry. Central banks hold it. Governments hold it. ETFs hold it. Investors use it as a store of value. And entire reserve strategies depend on one assumption: YOU CANNOT JUST MANUFACTURE MORE GOLD. That assumption is now being challenged. And here is the part almost nobody understands: Marathon is not talking about building factories that exist only to make gold. Gold could become a BY-PRODUCT OF FUSION ENERGY. The reactor generates energy. It also generates neutrons. Those neutrons can convert mercury into gold. And the gold itself could help make fusion plants more profitable. Now connect the dots: More fusion plants → more gold production → more gold revenue → better fusion economics → even more reactors Gold supply has always been limited by GEOLOGY. If fusion scales, it becomes limited by REACTOR CAPACITY. And markets will NOT wait until tonnes of lab-grown gold are sitting inside vaults. They will price the expectation first. That is exactly how the diamond repricing started. And if fusion gold becomes commercially viable at scale... THE GOLD MARKET WILL NEVER BE THE SAME AGAIN. Remember, I’ve been trading markets for over 15 years. When I see the next major shift developing, I’ll post it here publicly like I always do. Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.

Excited to share Genie 4 today our most realistic and interactive world model: - steer dynamic environments in real time, shaping events, camera angles, and actions - generate native audio matched to the world, from realistic background sounds to characters who can converse in real time! - simulate photorealistic scenes and real-world physics - create more coherent multi-step events through reasoning from Gemini We've started to roll out as a research preview to trusted testers. Coming soon to Google AI Ultra subscribers in Project Genie and early access partners via the Gemini API and AI Studio.

The Cybercab has officially surpassed the Model Y in total robotaxi registrations in Texas. Vehicles registered for Tesla’s Robotaxi fleet in Texas: • Cybercab: 544 • Model Y: 507 Total: 1,051

Holy cow! The @Tesla #Model3 currently represents almost 36% of the total U.S. plug-in electric car market and together with #ModelS & #ModelX, Tesla takes almost a perfect 50%. -->

Today we’re out of stealth, and we’ve raised a $40m seed round co-led by @creandum and @usv, to bring Instant Robot Learning to life. For the past few months, we‘ve been busy building a new company. Machenta. This follows results from a new kind of robot foundation model we’ve built, which I’m so excited to share with you today! Usually, it takes hours/days of data collection and training to teach a robot. We’ve built a model that learns tasks instantly: one demonstration, no further training. A model trained entirely in simulation, without a single pixel of real-world data. A model where teaching robots is so quick and easy, it feels like physical vibe coding. A model for robots that learn like humans do, from someone like you. Welcome to the era of Instant Robot Learning. Thank you @Kathi_Wilhelm, @rebeccakaden, @hkanji, @jonno_evans and all of our angels for your support! @Machenta_ Learn more: See below for what you can do with Instant Robot Learning!

Meet Kimi K3.1 Pro, our most capable 3T-class model.

.@ElonMusk promised the #Model3 11 years ago. Tonight, he delivered

Tesla service alerts explained! Learn how to dive deeper with a mechanic and what different alerts mean, like steering control module faults. See the FULL Video: #tesla #ModelY #Model3 #TeslaTips #EV

1,733 days after reserving a car I’d never seen, I’ve finally got it. Didn’t expect at the time that it would’ve driven itself more miles than I have haha. One more ICE car off the road forever. Thanks @Tesla @elonmusk #Tesla #Model3

Just wondering... how many Tesla Cybercabs do you plan on owning? I’ve been running the numbers for a while, and I honestly think Cybercab could become one of the most exciting investment opportunities regular people have ever had. The idea of owning a car that earns money while I’m home with my family is something I can’t stop thinking about these days... However, I know the numbers have to work. Here’s the scenario I’m working with, assuming I buy the car outright: • Purchase price: about ~$30,000 • Average fare: $1.35 per paid mile • Average paid miles: 150 a day across the full year • Tesla’s share: an assumed 30% That works out to about $74,000 a year in fares. After Tesla’s assumed share, about $51,700 would be left before expenses. To keep roughly $30,000 a year, I’d need charging, cleaning, insurance, tires, maintenance and money set aside to eventually replace the car to fit within about $21,700. If it holds, we’re talking about roughly ~$30,000 a year per cab before income tax. Under those assumptions, the car could earn back its purchase price in about a year, which is wild imo. At $30,000 in annual earnings per cab, here’s how many you’d need to reach at least these targets. • $100K a year → 4 Cybercabs • $250K a year → 9 Cybercabs • $500K a year → 17 Cybercabs • $750K a year → 25 Cybercabs • $1M a year → 34 Cybercabs I have to let this sink in... thirty-four cars, under these assumptions, could produce just over $1 million a year before income tax. Of course, 34 cars would also be a real business to run. Like someone still has to handle cleaning, repairs, charging and all the things passengers manage to spill. I keep comparing this potential with rental property, which I also own. Buying rentals, especially here in the Bay Area, takes serious $ money. Then you have property taxes, insurance, repairs, vacancies and mortgage payments if you borrow. And occasionally, a late-night call about a broken toilet. Also takes a long time to make your $ back. In this Cybercab scenario, four cars would cost about $120,000 before taxes and setup, and could produce roughly $120,000 in just a year before income tax. That relationship between the $ money you put in and the income you get back is what makes owning a Cybercab, a major advantage. I know there are tradeoffs too, of course... a property can rise in value. A car doing tens of thousands of miles a year wears out. A Cybercab may spare you the broken toilet, but it will probably still need more attention on a daily basis. Also, one of the biggest question in my model is whether each Cybercab can consistently average 150 PAID miles a day. Driving empty to the next pickup adds costs without adding fare revenue. Charging, cleaning and repairs take time. And more competition could push fares even lower. Despite these things, there is REAL progress to look at today. Cybercabs are already carrying paying riders in Austin and expanding, and Tesla has said it’s aiming to begin customer deliveries by the end of 2026. Tesla’s broader ride-hailing service now reaches parts of seven U.S. metro areas. For me, I’d start with a couple of Cybercabs, see what they actually earn, and build toward a fleet of 25+ if the numbers hold up. I’m seriously excited for the day I get to send my own fleet out to work. I believe it’s only a matter of time before Tesla becomes the #1 robotaxi provider in the U.S.

CORRECTION: Tesla Canada’s Model 3 Premium RWD page now lists 463 km EPA-est. range and 6.2 s (0–100 km/h), back from the 584 km/5.2 s shown Oct 26. Premium orders remain paused. Tesla has not explained the change. #Tesla #Model3

Coolest Tesla video you’ll see today. Check out what one Model 3 owner in Japan did to incorporate his favorite Model S and X features into his 3! #Tesla #LikeTesla #Model3 #ModelS #ModelX

まるでLIVE DAM🎤 #Tesla #Model3

You can get a used Model 3 for less than a fully loaded 16" OLED MacBook Pro: • 2020 Model 3 Standard Range with 95k miles, no accidents/damage & clean title: $14,190 • Fully loaded 16-inch MacBook Pro: $14,549

Lines are moving! #Model3

A guy bought a Tesla Model 3 last year. $42,990. Drove it home. Plugged it in. Thought he had figured out the future. His neighbor, a former Tesla service technician who had worked on over 800 Tesla vehicles, walked over to look at it in the driveway. He sat in the passenger seat. Looked at the 15.4 inch touchscreen. Opened the settings menu. Scrolled for 45 seconds. Then turned to him. “You have 11 features on this car turned off or set wrong. Your regenerative braking is running at half capacity so you are losing free range every time you slow down. Your charging schedule is costing you money every single night. Your Autopilot is not calibrated for your driving style. You have never activated the feature that tells you exactly when to charge to save the most money based on your local electricity rates. And Tesla pushed a software update 3 months ago that added 4 new features to this exact car that you have never turned on because the notification appeared at 2am and you dismissed it.” He stared at him. “I thought I just drove it.” “You do just drive it. But this car has more software in it than most laptops. Tesla ships it with conservative defaults because they cannot predict how every driver will use it. The settings that make this car significantly better are all in the touchscreen. Most Tesla owners never find them because nobody tells them where to look.” He spent 18 minutes in the settings menu. The car he drove the next morning felt like a different vehicle. Here are every Tesla setting and feature most owners never find: 🧵