Tesla Club Sweden

Some top questions on SAY at the moment are:

1. When should we expect the first vehicles to be delivered with 4680 cells?

2. Do you still expect to start production of the $25,000 model in 2023? What are the biggest hurdles from now until then?

3. With FSD Beta training data set to explode exponentially as the software is released to wider and wider audience, are there any early takeaways with regards to how quickly versions can iterate and be pushed out? From bi-weekly to weekly? or even daily?

Operating cash flow less capex (free cash flow) of $1.3B in Q3
Net debt and finance lease repayments of $1.5B in Q3
In total, $164M decrease in our cash and cash equivalents in Q3 to $16.1B

Record vehicle production and deliveries in Q3
Started roll out of FSD City Streets Beta to a wider population in October
Profitability $2.0B GAAP operating income; 14.6% operating margin in Q3
$1.6B GAAP net income; $2.1B non-GAAP net income (ex-SBC1) in Q3
30.5% GAAP Automotive gross margin (28.8% ex-credits) in Q3