Musk Kimbal - May 1, 2025 Form 4 Insider Report for Tesla, Inc. (TSLA)

Role: Director
Signature: By: Aaron Beckman, Power of Attorney For: Musk, Kimbal
Stock symbol: TSLA
Transactions as of: May 1, 2025
Transactions value $: $0
Form type: 4
Date filed: 5/1/2025, 08:02 PM
Previous filing: Feb 10, 2025
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TSLA	Non-Qualified Stock Option (right to buy)	Disposed to Issuer		-235K	-71.97%		91.6K	May 1, 2025	Common Stock	235K	$24.73	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reflected on this Form 4 represents a disposition to the issuer exempt from Section 16(b) pursuant to Rule 16b-3(e) and implemented by the issuer on May 1, 2025 with respect to the cancellation of the reporting person's stock options pursuant to a Stipulation and Agreement of Compromise and Settlement approved by the Delaware Court of Chancery on January 8, 2025.
F2	This stock option is an equity award, which is scheduled to expire in June 2025, granted pursuant to Tesla, Inc.'s 2010 Amended and Restated Equity Incentive Plan and Outside Director Compensation Policy. 1/36th of the shares granted became vested and exercisable as of each monthly anniversary following June 18, 2018, such that all options subject to the award became fully vested and exercisable by June 18, 2021.

Content

The transaction reflected on this Form 4 represents a disposition to the issuer exempt from Section 16(b) pursuant to Rule 16b-3(e) and implemented by the issuer on May 1, 2025 with respect to the cancellation of the reporting person's stock options pursuant to a Stipulation and Agreement of Compromise and Settlement approved by the Delaware Court of Chancery on January 8, 2025.

This stock option is an equity award, which is scheduled to expire in June 2025, granted pursuant to Tesla, Inc.'s 2010 Amended and Restated Equity Incentive Plan and Outside Director Compensation Policy. 1/36th of the shares granted became vested and exercisable as of each monthly anniversary following June 18, 2018, such that all options subject to the award became fully vested and exercisable by June 18, 2021.