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: Kohler Herbert (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
2011-06-15	Non-Qualified Stock Option (right to buy)	$28.43	J	16666	Disposed	2018-06-12	Common Stock (16666)	Direct
2011-06-15	Non-Qualified Stock Option (right to buy)	$28.43	J	16666	Acquired	2018-06-12	Common Stock (16666)	Indirect

Footnotes

F1: Shares subject to the option become vested and exercisable upon the earlier of (i) June 13, 2012 or (ii) the day prior to the date of the next annual meeting of the stockholders of the Issuer following June 13, 2011; subject to the reporting person continuing to serve as a director of the Issuer through such date.

F2: The reporting person transferred the option to Daimler North America Corporation on June 15, 2011, and is an employee of an affiliate of Daimler North America Corporation. The reporting person disclaims beneficial ownership of the option and the shares subject to the option, 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.