Tesla, Inc. — Director's Dealing 2011

Jun 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2011-06-13

Reporting Person: Ehrenpreis Ira Matthew (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-13	Non-Qualified Stock Option (right to buy)	$28.43	A	16666	Acquired	2018-06-12	Common Stock (16666)	Direct
2011-06-14	Non-Qualified Stock Option (right to buy)	$28.43	J	16666	Disposed	2018-06-12	Common Stock (16666)	Direct
2011-06-14	Non-Qualified Stock Option (right to buy)	$28.43	J	16666	Acquired	2018-06-12	Common Stock (16666)	Indirect

Footnotes

F1: 100% of the shares subject to the option shall vest and become exercisable on the earlier of the first anniversary date of the grant or the day prior to the date of the next annual meeting of the stockholders of the Company following date of grant.

F2: The reported stock option was originally granted to the reporting person on June 13, 2011. On June 14, 2011, the reporting person transferred the stock option to TP Management VIII, LLC. The reporting person is a managing member of TP Management VIII, LLC and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.