X0306 4 2015-12-04 0 0001318605 TESLA MOTORS INC TSLA 0001314917 Jurvetson Stephen T C/O DRAPER FISHER JURVETSON 2882 SAND HILL ROAD SUITE 150 MENLO PARK CA 94025 1 0 0 0 Common Stock 2015-12-04 4 M 0 5556.0 29.66 A 5556 D Common Stock 2015-12-04 4 M 0 1334.0 29.66 A 6890 D Common Stock 48920 I by Trust Non-Qualified Stock Option (right to buy) 29.66 2015-12-04 4 M 0 5556.0 0.0 D 2019-06-12 Common Stock 5556 1334 D Non-Qualified Stock Option (right to buy) 29.66 2015-12-04 4 M 0 1334.0 0.0 D 2019-06-12 Common Stock 0 0 D These shares are held directly by the Steve and Karla Jurvetson Living Trust dated August 27, 2002. 1/36th of the shares granted shall become vested and exercisable as of each monthly anniversary of the date of grant, such that all shares subject to the Option shall be fully vested and exercisable by the third anniversary of the grant date. Pursuant to the issuer's Outside Director Compensation Policy, these equity awards were granted to the reporting person in connection with his service on the committees of the issuer's Board of Directors. 1/24th of the shares granted shall become vested and exercisable as of each monthly anniversary beginning on June 8, 2013, such that all shares subject to the Option shall be fully vested and exercisable by June 8, 2015. By: Jonathan Chang by power of attorney For: Stephen Jurvetson 2015-12-08