Tesla, Inc. — Director's Dealing 2013

May 15, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2013-05-13

Reporting Person: Passin Gilbert (VP Manufacturing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-13	Common Stock	M	900	$9.96	Acquired	1453	Direct
2013-05-13	Common Stock	S	900	$80.62	Disposed	553	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-13	Non-Qualified Stock Option (right to buy)	$9.96	M	900	Disposed	2017-03-02	Common Stock (900)	Direct

Footnotes

F1: The stock option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2013.

F2: 1/4th of the shares subject to the option became vested and exercisable on January 25, 2011 and 1/48th of the shares subject to the option shall vest and become exercisable each month thereafter.