TESLA Battery Day Sep 22 - PATENTS & LEAKS, page-75

I’m not going to engage in a back and forth with you except to say that the truth is no one here knows for sure to what level AUZs negotiations have advanced with potential offtakers, we can only read the company announcements and assume that if they say they are having negotiations, then there must be some level of negotiation because otherwise they would be committing fraud. At this point holders are trying to piece dots together to guesstimate what’s happening in the background and the down ramp crew just trots out the same old “oh look another announcement that isn’t a binding offtake, lifestyle company, BB the liar etc.” At this point it doesn’t matter what the company announces, you are going to look for the negative regardless.

The EV revolution is just in its infancy and we have the resource and a government willing to support and desperate to create jobs. I’ve invested an appropriate amount based on risk v reward and am happy to sit back and wait.