Tesla 2016 Annual Report Download - page 31

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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January31,2011throughDecember31,2015,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January31,2011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.
Unregistered Sales of Equity Securities
None.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
None.
30