X0203 3 2010-10-06 0 0001318605 TESLA MOTORS INC TSLA 0001503210 Blankenship George 3500 DEER CREEK ROAD PALO ALTO CA 94304 0 0 0 1 VP Sales and Service Common Stock 200 D Incentive Stock Option (right to buy) 14.17 2017-06-11 Common Stock 28228 D Non-Qualified Stock Option (right to buy) 14.17 2017-06-11 Common Stock 105072 D Non-Qualified Stock Option (right to buy) 20.72 2020-09-13 Common Stock 25000 D 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. 33,300 shares subject to the option become vested and exercisable upon the Issuer's achievement of certain performance objectives set forth in the option agreement. The remaining 71,772 shares vest as follows: 1/4th of the shares subject to the option vest one year from hire date, and the remaining 3/4th vest monthly thereafter at a rate of 1/48th per month. 1/48th of the shares subject to the option vest monthly from the vesting commencement date and continue to vest each month thereafter for four years. George Blankenship 2010-10-08