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: Jurvetson Stephen T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-13	Common Stock	J	200000	—	Disposed	16776	Indirect
2013-05-13	Common Stock	J	4444	—	Disposed	373	Indirect
2013-05-13	Common Stock	J	2000	—	Acquired	2000	Indirect
2013-05-13	Common Stock	J	1155	—	Acquired	43114	Indirect

Footnotes

F1: On May 13, 2013, Draper Fisher Jurvetson Fund VIII, L.P. ("Fund VIII") made an in-kind distribution, without any additional consideration, of 200,000 shares of common stock of Tesla Motors Inc. This total included 2,000 shares distributed to the general partner of Fund VIII, Draper Fisher Jurvetson Fund VIII Partners, L.P. ("Fund GP"). Mr. Jurvetson is a Managing Director of the Fund GP.

F2: On May 13, 2013, Draper Fisher Jurvetson Partners VIII, LLC ("Partner Fund"), made an in-kind distribution of 4,444 shares of common stock of Tesla Motors Inc., without any additional consideration, to its members, including Mr. Jurvetson. Mr. Jurvetson received 1,155 shares from this distribution.

F3: These shares are owned directly by Draper Fisher Jurvetson Fund VIII, L.P.

F4: These shares are owned directly by Draper Fisher Jurvetson Partners VIII, LLC.

F5: These shares are owned directly by Draper Fisher Jurvetson Partners VIII, L.P.

F6: These shares are held directly by the Steve and Karla Jurvetson Living Trust dated August 27, 2002 and were acquired in connection with the distribution by Partner Fund.