INTRODUCTION Tesla was founded in 2003 by a group of engineers who wanted to prove that people didn’t need to compromise to drive electric – that electric vehicles could be better, quicker and more fun to drive than gasoline cars. Today, we build not only all-electric vehicles but also infinitely scalable clean energy generation and storage products. We believe the faster the world stops relying on fossil fuels and moves towards a zero-emissions future, the better. Tesla’s products o!er a complete solution – sustainable generation, storage and usage – all capable of being powered by the sun. We envision a world powered by solar energy, running on batteries and transported by all-electric cars. By design, Tesla’s products are sustainable, and we’re working hard to build them in a sustainable way too. We’re publishing our very first Impact Report measuring the impacts of our products and operations on the environment and our communities. We recognize there’s still much to be done. As we grow and prove to the world that a business rooted in sustainability can also be successful, we will continue to improve our processes and report on our progress in future Impact Reports. THE TESLA TEAM IMPACT REPORT 03