Solar + Storage Product Commercial scale customers: Megapack and renewables Matching Energy Demand & Supply The beauty of selling commercial storage systems such as Megapack is that purchasing such a product is almost purely a mathematical decision for our commercial customers. If installing Megapack makes economic sense, there is no reason not to install one. A single Megapack has on average 3,000 kWh worth of battery storage capacity, and given its scalability, enables projects over 1,000,000 kWh. Tesla Energy continues to be dependent on the global supply chain, including cell supply. In 2021, in order to meet demand that is well in excess of supply for energy storage products, Tesla began building a new production facility capable of producing 40,000,000 kWh of energy storage per year. Energy Storage Enables 100% Renewables Penetration 120 100 80 GW60 40 20 0 Monday Tuesday Wednesday Thursday Friday Saturday Sunday 91

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