Tesla, Inc. (TSLA) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Tesla, Inc. surfaced in its latest filing.

• Tesla launched its Robotaxi service in June 2025June 2025
• Tesla launched its autonomous ride-hailing service in 20252025
• U.S. trade policy alterations in 2025, including heightened import tariffs and subsequent retaliatory measures, have impacted supply chain costs and may impact component availability2025
• As of December 31, 2025, $8.18 billion aggregate principal amount of indebtedness outstandingDecember 31, 2025
• The 2025 CEO Performance Award includes specific product goals designed to incentivize Elon Musk toward products directionally consistent with his vision2025
• Tesla is cooperating with certain government investigations as discussed in Note 13, Commitments and Contingencies
• Cybercab is a purpose-built Robotaxi product being developed for mass production
• We are developing Bots, including Optimus, for future commercialization
• Our common stock experienced over the last 52 weeks an intra-day trading high of $498.83 per share and a low of $214.25 per share
• Elon Musk, our Chief Executive Officer, has pledged Tesla common stock to secure certain personal loan obligations; if stock price declines, banking institutions may force him to sell shares