Tesla, Inc. — Director's Dealing 2014

Apr 30, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2014-04-28

Reporting Person: Reichow Gregory (VP Manufacturing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-28	Common Stock	M	13000.0	$25.27	Acquired	13041	Direct
2014-04-28	Common Stock	S	13000.0	$200.0	Disposed	41	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-28	Non-Qualified Stock Option (right to buy)	$25.27	M	13000.0	Disposed	2021-04-11	Common Stock (13000)	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 13, 2014.

F2: Amount of securities beneficially owned includes 41 shares acquired under the Tesla Motors, Inc. Employee Stock Purchase Plan on February 28, 2014.

F3: This option initially represented a right to purchase a total of 85,004 shares. With respect to 35,004 shares subject to such option, the option became vested and exercisable as to 1/4 of such shares on March 23, 2012 and becomes vested and exercisable as to 1/48 of such shares on each monthly anniversary thereafter. With respect to 50,000 shares subject to such option, the option becomes incrementally vested and exercisable upon the achievement by the Issuer of certain performance objectives as set forth in the option agreement.