text: ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF 
  OPERATIONS 
  
  The following discussion and analysis should be read in conjunction with the consolidated financial statements and the 
  related notes included elsewhere in this Quarterly Report on Form 10-Q. 
  
  Overview 
  
  Our mission is to accelerate the world’s transition to sustainable energy. We design, develop, manufacture, lease and sell 
  
  high-performance fully electric vehicles, solar energy generation systems and energy storage products. We also offer 
  maintenance, installation, operation, charging, insurance, financial and other services related to our products. Additionally, we 
  are increasingly focused on products and services based on AI, robotics and automation. 
  
  In 2024, we produced approximately 1,314,000 consumer vehicles and delivered approximately 1,294,000 consumer 
  
  vehicles through the third quarter. We are focused on profitable growth, including by leveraging existing factories and 
  production lines to introduce new and more affordable products, further improving and deploying our FSD capabilities, 
  including through our planned robotaxi product, reducing costs, increasing vehicle production, utilized capacity and delivery 
  capabilities, improving and developing our vehicles and battery technologies, vertically integrating and localizing our supply 
  chain, and expanding our global infrastructure, including our service and charging infrastructure. 