Solar + Storage Product Grid outages are becoming more common Improving Resilience Of The Grid Electrical disturbances in the U.S. are becoming more common, predominantly due to weather and natural disasters. According to the U.S. Department of Energy, electrical disturbances cost businesses $150 billion per year. It is not surprising that homeowners and businesses are increasingly turning to backup power supply options. Our solar and energy storage products are a great way to reduce emissions while also ensuring backup power during outages. Low cost is key to mass adoption We are continuously working on reducing the cost of our products in order to foster mass adoption. Ultimately, using renewable energy (such as solar or wind) with battery storage will become the cheapest energy option available, regardless of location. This is already the case in many, but not all, locations around the world. As the cost continues to decline, more customers will be able to financially benefit from turning to renewable energy. Reported Electrical Disturbances in the U.S. 600 500 400 300 200 100 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021* Weather or natural disaster Vandalism, attack, or sabotage Other Source: U.S. Department Of Energy, Pew Charitable Trusts 1 Includes cases of suspicious activity. 2 Other includes all disturbances that are not clearly identified as weather, natural disaster, vandalism, attack or sabotage. 93 *Full year figure is a Tesla estimate calculated using data from the first six months of 2021 extrapolated based on historical trends.