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Table of Contents
PART II
Market Information
Our common stock has traded on The NASDAQ Global Select Market under the symbol “TSLA” since it began trading on June 29, 2010.
Our initial public offering was priced at $17.00 per share on June 28, 2010. The following table sets forth, for the time period indicated, the high
and low closing sales price of our common stock as reported on The NASDAQ Global Select Market.
Holders
As of January 31, 2014, there were 699 holders of record of our common stock. A substantially greater number of holders of our common
stock are “street name,” or beneficial, holders, whose shares are held by banks, brokers and other financial institutions.
Dividend Policy
We have never declared or paid cash dividends on our common stock. We currently do not anticipate paying any cash dividends in the
foreseeable future. Any future determination to declare cash dividends will be made at the discretion of our board of directors, subject to
applicable laws, and will depend on our financial condition, results of operations, capital requirements, general business conditions and other
factors that our board of directors may deem relevant.
Stock Performance Graph
This performance graph shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), or incorporated by reference into any filing of Tesla Motors, Inc. under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such filing.
The following graph shows a comparison from June 29, 2010 through December 31, 2013, of the cumulative total return for our common
stock, the NASDAQ Composite Index, and a group of all public companies sharing the same SIC code as us which is SIC code 3711, “Motor
Vehicles and Passenger Car Bodies” (Motor Vehicles and Passenger Car Bodies Public Company Group). Such returns are based on historical
results and are not intended to suggest future performance. Data for The NASDAQ Composite Index and the Motor Vehicles and Passenger Car
Bodies Public Company Group assumes an investment of $100 on June 29, 2010 and reinvestment of dividends. We have never declared or paid
cash dividends on our capital stock nor do we anticipate paying any such cash dividends in the foreseeable future.
60
ITEM 5.
MARKET FOR REGISTRANT
’
S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
2013
2012
High
Low
High
Low
First Quarter
$
39.48
$
32.91
$
37.94
$
22.79
Second Quarter
110.33
40.50
38.01
27.56
Third Quarter
193.37
109.05
35.96
26.10
Fourth Quarter
193.00
120.50
35.28
27.33