TESLA MOTORS DENMARK ApS

Business Overview Tesla Motors Denmark ApS (hereinafter 'the Company') is a wholly-owned subsidiary of Tesla International B.V., Amsterdam, The Netherlands. The ultimate parent company is Tesla, Inc., Austin, Texas, United States of America, which is a public NASDAQ listed company (hereafter 'the Group', or 'Tesla', or 'We'). The Group designs, develops, manufactures, sells, and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to our sustainable energy products. The Company operates as a limited-risk distributor and performs marketing, sales, services, and distribution activities on behalf of Tesla Motors Netherlands B.V. Currently, the Company sells the Model 3, Model Y, Model S, and Model X, which are all high-performance fully electric vehicles, although Model S and Model X are being phased out. The Company has established its network of sales and service centers and supercharger stations nationally to accelerate the widespread adoption of electric Vehicles. We emphasize performance, attractive styling, and the safety of our users and workforce in the design and manufacture of our products and are continuing to develop full self-driving technology for improved safety. We also strive to lower the cost of ownership for our customers through continuous efforts to reduce manufacturing costs and by offering financial services tailored to our products. Our mission is to build a world of amazing abundance. This, alongside our mission to accelerate the world’s transition to sustainable energy, our engineering expertise, vertically integrated business model and focus on user experience, differentiate us from other companies.