Long-Distance Travel Freedom of travel is the reason people buy vehicles in the first place. To ensure we replace as many ICE vehicles with EVs as possible, we have been focused on increasing the range of Tesla vehicles. While most personal vehicle journeys are relatively short, and thus drivable on a single charge, consumers do not buy cars that can meet most of their driving needs; they buy a car that meets all their driving needs. The longer the range, the lower the Supercharger use Since its introduction in 2012, we have increased the range of the Model S by over 50%: from 265 miles to 405 miles of range for the long-range variant. Our focus on energy efficiency—achieving superior range from the same size battery—has allowed to us continue to increase range while keeping the battery size relatively stable. Our data shows that the longer the range of our vehicles, the less Supercharging Tesla customers do. After all, day trips of over 400 miles are quite rare. Super-fast charging: V3 Superchargers can increase range by up to 200 miles in just 15 minutes Around 300 miles of range at highway speeds is equal to roughly four hours of driving. At that stage, drivers are often likely to take a break. We want to make sure that such a break can be relatively short before continuing the journey. Our latest generation of Superchargers can recover up to 200 miles of range in just 15 minutes of charging, long enough for a quick break and snack. Substantial coverage and near-perfect reliability In 2020 alone, we opened 743 new Supercharger locations around the world—an average of two new locations every day. We want to make sure that every highway in each of our markets is one day covered with Superchargers. At the end of 2020, the size of our Supercharging network stood at over 2,500 locations and over 23,000 stalls. Perhaps even more importantly, we have been focused on the reliability of our network. As we can see from the chart below, the chances of not being able to charge at any location at any given time are close to zero. 1 Uptime of Supercharger Sites 100% 98% 96% 94% 92% 90% 2018 2019 2020 1 Uptime of Supercharger Sites reflects the average percentage of sites globally that had at least 50% daily capacity fully functional for the year. 36