Case: Tesla Motors, Inc.

Attorneys: Pamela A. Mayer

January 20, 2012 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) has been investigating San Carlos, California-based Tesla Motors Inc. (“Tesla” or “Company”) (Nasdaq: TSLA) for potential violations of the federal securities laws. Investors who purchased Tesla common stock may be affected.

On January 13, 2012, Bloomberg and multiple other news sources reported that Tesla had stated in an e-mailed statement that Peter Rawlinson, Tesla’s Vice President and Chief Engineer, and Nick Sampson, who supervised vehicle and chassis engineering had departed from the Company this month.

On January 13, 2012, Tesla’s common stock declined by $5.46 per share, or 19%, to close at $22.79 per share.

On January 17, 2012, the Company held a conference call and further stated as follows regarding the departures:

“After Peter resigned for personal reason – and that is not a euphemism for something else, it actually is personal reasons – I looked at Nick Sampson’s role. And after talking with the rest of the team, about a week later, I asked basically for Nick’s resignation because I didn’t – although Nick is an excellent engineer, there wasn’t a good it within the organization for Nick.”

If you purchased Tesla’s common stock and would like to discuss our investigation, please e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it .