From: Juleanna Glover

From: Juleanna Glover To: jeffrey E. <[email protected]> Subject: Re: Date: Mon, 13 Aug 2018 11:58:04 +0000 Tesla x and s have an enviable 22 to 26% gross profit margin. Also will send the potential profit margin' on the Model 3 — teardown analysis suggest it could be +30%. Lastly, the energy business is projected to be larger than the automotive business. On leading edge of growing potential of that sector — no one is approaching the vision and scale inherent in that arena. Interesting fact about leader is that those around him accomplish the impossible because they witness his ethics and drive — yes sometimes also too transparent and without artifice, but that is always as a reaction to a perceived injustice or malfeasance. On Aug 13, 2018, at 8:50 PM, jeffrey E. <[email protected]> wrote: Im very aware. however the issue is Not the products . Its the operation. . money making skill. as opposed to tech skill. exits? cash flow needs. distributions. certainty of same.. and STABILITY. in all its forms On Mon, Aug 13, 2018 at 7:41 AM, Juleanna Glover < wrote: Seriously if you need a primer on how all the elements hang together or how Autopilot is the elephant in the room all see but don't comprehend, let me know. For a company that's written about incessantly, the analysis is facile. On Aug 13, 2018, at 9:55 AM, jeffrey E. <[email protected]> wrote: Clever On Sun, Aug 12, 2018 at 8:18 PM Juleanna Glover < > wrote: If you are advising re: sovereign funds looking to help a prominent company go private, let me know if I can help w any approp additional information. Thanks. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this EFTA01006737 communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in en-or, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01006738