Tesla, Inc. — Director's Dealing 2010

Jun 25, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2010-06-28

Reporting Person: Passin Gilbert (Vice President, Manufacturing)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Right to Buy (Common Stock)	$9.96	2017-03-02	Common Stock (66666)		Direct
Right to Buy (Common Stock)	$14.17	2017-06-11	Common Stock (33333)		Direct

Footnotes

F1: 1/4th of the shares subject to the option will become vested and exercisable on January 25, 2011 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.

F2: Shares subject to the option become vested and exercisable upon the Issuer's achievement of certain performance objectives set forth in the option agreement.