Tesla 2016 Annual Report Download - page 6

Model S
ModelSisafullyelectric,four-door,five-adultpassengersedanthatofferscompellingrangeandperformancewithzerotailpipeemissions.ModelSoffers
arangeonasinglechargeofupto288milesasdeterminedusingtheUnitedStatesEPA’scombinedtwo-cyclecity/highwaytest.Weofferperformanceandall-
wheeldrivedualmotorsystemoptions.TheperformanceversionofourAll-WheelDriveDualMotorModelSacceleratesfrom0to60milesperhourin2.8
secondswiththeLudicrousspeedupgrade.
ModelSoffersauniquecombinationoffunctionality,convenience,safetyandstylingwithoutcompromisingperformanceandenergyefficiency.Withthe
batterypackinthefloorofthevehicleandthemotorandgearboxinlinewiththerearaxle,oursinglemotorModelSprovidesbestinclassstoragespace.ModelS
isalsoavailablewithpremiumluxuryfeatures,includinga17inchtouchscreendriverinterface,ouradvancedautopilotsystemwithbothactivesafetyand
conveniencefeatures,andover-the-airsoftwareupdates.Webelievethecombinationofperformance,safety,styling,convenienceandenergyefficiencyofModel
Spositionsitasacompellingalternativetoothervehiclesintheluxuryandperformancesegments.
Model X
ModelXisasportutilityvehiclethatoffersexceptionalfunctionalitywithhighperformancefeaturessuchasourfullyelectric,all-wheeldrivedualmotor
systemandourautopilotsystem.ModelXprovidesupto257milesofrangeonasinglecharge,andcanacceleratefrom0to60asquicklyas3.2secondswiththe
Ludicrousspeedupgrade.ModelXseatssevenadultsandincorporatesauniquefalconwingdoorsystemforsuperioraccesstothesecondandthirdseatingrows.
AlthoughtheNationalHighwayTrafficSafetyAdministrationhasnotyetconductedcrashtestingonModelX,basedonourinternaltesting,weexpectModelXto
receivethehighestsafetyratingineverycategory.WebegancustomerdeliveriesofModelXinthethirdquarterof2015intheUnitedStates.Afteritsinitial
launchintheUnitedStates,ModelXwillbesoldinallthemarketswhereModelSisavailableincludinginAsiaandEurope.
Model 3
Wehavealsopubliclyannouncedourintenttodevelopathirdgenerationelectricvehicle,calledModel3,tobeproducedattheTeslaFactory.Weintendto
offerthisvehicleatalowerpricepointandexpecttoproduceitathighervolumesthanourModelSorModelX.WeplantounveilModel3inMarchof2016and
expecttostartproductionanddeliveriesofthisvehicleinlate2017.
Energy Storage Applications
Usingtheenergymanagementtechnologiesandmanufacturingprocessesdevelopedforourvehiclepowertrainsystems,wehavedevelopedenergystorage
productsforuseinhomes,commercialsitesandutilities.Theapplicationsforthesebatterysystemsincludebackuppower,peakdemandreduction,demand
responseandwholesaleelectricmarketservices.Webegansellingourhomesystemsin2013andourcommercialandutilitysystemsin2014.Werecently
announcedthenextgenerationofourenergystorageproductsundertheTeslaEnergybrand.
TheTeslaEnergyproductportfoliowillincludeenergystorageproductswithawiderangeofapplications,fromuseinsinglehomestouseinlargerutility-
scaleprojects.TeslaPowerwallisarechargeablelithium-ionbatterydesignedtostoreenergyataresidentialandsmallcommerciallevelforloadshifting,backup
powerandself-consumptionofsolarpowergeneration.Powerwallisavailableinstoragesizesof10kWh,optimizedforbackupapplications,or7kWh,optimized
fordailyuseapplications.Inaddition,weoffera100kWhPowerpackforpeakshaving,loadshiftinganddemandresponseforcommercialcustomersandfor
renewablefirmingandavarietyofgridservicesforutilities.Forutilityscalesystems,100kWhbatteryblockscanbegroupedtogethertoofferinstallationofover
10MWh.WebeganproductionofourTeslaEnergyproductsattheGigafactoryinthefourthquarterof2015.
Technology
Ourcorecompetenciesarepowertrainengineering,vehicleengineering,innovativemanufacturingandenergystorage.Ourcoreintellectualpropertyresides
notonlywithinourelectricpowertrain,butalsowithinourabilitytodesignavehiclethatutilizestheuniqueadvantagesofanelectricpowertrainandthelatest
advancementsinconsumertechnologies.Ourpowertrainconsistsofourbatterypack,powerelectronics,motor,gearboxandcontrolsoftware.Wedesignedour
powertrainoriginallyforourfirstvehicle,theTeslaRoadster,andcommercializedimprovementsintovehiclesmanufacturedbyDaimlerandToyota,and
ultimatelyintotheModelSandModelX.Today,weofferseveralpowertrainvariantsfortheModelSandModelXthatincorporateyearsofresearchand
developmentperformedsincetheoriginaldesign.Inaddition,wehavedesignedourvehiclestoincorporatethelatestadvancesinconsumertechnologies,suchas
mobilecomputing,sensing,displays,andconnectivity.FurtherevolutionofourtechnologycontinuesforModel3,whichweplantoofferatsignificantlylower
price.Inaddition,advancementsoriginallycommercializedinourvehiclesarebeingleveragedforourstorageapplications.
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