The Model Y achieved the distinction of being the best-selling vehicle globally, demonstrating Tesla's strong market position and consumer demand for its products. This success is a key driver of Tesla's revenue growth and brand recognition.

Tesla continues to invest in and improve its Full Self-Driving (FSD) capabilities, with a significant increase in AI training compute and the introduction of the Cybercab robotaxi product. These advancements are critical to Tesla's long-term strategy in autonomous driving and mobility services.

The Compensation Committee increased Mr. Taneja's base salary to reflect his promotion in August 2023 to the role of Chief Financial Officer. This adjustment indicates recognition of his increased responsibilities and contributions to the company's financial management.

Tesla is appealing the Delaware Court's decision to not recognize the Ratification, its decision to reject the request to revise its decision, and its judgment rescinding the 2018 CEO Performance Award. This legal challenge introduces uncertainty regarding executive compensation and governance.

Tesla is party to commercial agreements with TBC (The Boring Company). Under these agreements, Tesla incurred expenses of approximately $3.6 million in 2024 and approximately $0.8 million through February 2025. This highlights Tesla's involvement in infrastructure and transportation projects.

Tesla is party to an agreement with Redwood to supply certain scrap materials. Under this agreement, Redwood incurred expenses of approximately $30.3 million in 2024 and approximately $0.6 million through February 2025. This demonstrates Tesla's commitment to recycling and sustainable practices.

Tesla continues to invest in and improve its Full Self-Driving (FSD) capabilities, with a significant increase in AI training compute and the introduction of the Cybercab robotaxi product. These advancements are critical to Tesla's long-term strategy in autonomous driving and mobility services.

Tesla is party to certain commercial (including those for the purchase of Megapacks), consulting and support agreements with Tesla. Under these agreements, xAI incurred expenses of approximately $198.3 million in 2024 and approximately $36.9 million through February 2025. This highlights Tesla's capital allocation towards AI and energy storage.

Tesla is party to an agreement with Redwood to supply certain scrap materials. Under this agreement, Redwood incurred expenses of approximately $30.3 million in 2024 and approximately $0.6 million through February 2025. This demonstrates Tesla's commitment to recycling and sustainable practices.

The Model Y achieved the distinction of being the best-selling vehicle globally, demonstrating Tesla's strong market position and consumer demand for its products. This success is a key driver of Tesla's revenue growth and brand recognition.