Tesla, Inc. — Director's Dealing 2012

Mar 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2012-03-28

Reporting Person: WHITAKER ERIC S (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-28	Common Stock	M	3833	$24.98	Acquired	3833	Direct
2012-03-28	Common Stock	S	3833	$37.95	Disposed	0	Direct
2012-03-28	Common Stock	M	333	$24.98	Acquired	333	Direct
2012-03-28	Common Stock	S	333	$37.95	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-28	Incentive Stock Option (right to buy)	$24.98	M	333	Disposed	2020-11-08	Common Stock (333)	Direct
2012-03-28	Non-Qualified Stock Option (right to buy)	$24.98	M	3833	Disposed	2020-11-08	Common Stock (3833)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2011.

F2: 1/4th of the shares subject to the option become vested and exercisable one year from hire date and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.