Contec Elon Musk, CEO Hey Zach, can you remind me how this impacts existing shareholders? Zach Kirkhorn, CFO The main impact is that issuing new shares dilutes the ownership share of existing stockholders. What is the new total number of outstanding shares? Materials on the right have been updated >> Enter a response then click Submit below Submit TSLA Dilu Dilution TUIRCL Information Number of Shares Prior to Transaction New Capital Raised New Shares Issued New Total Number of Shares Elon Musk Ownership Share Before Transaction After Transaction 959,000,000 15,299,878 $5,000,000,000 20.9%