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The compensation agreement provides that, for the duration of the bridge, Mr. Musk provides Tesla with compensation coverage for directors and officers if such coverage cannot be compensated by Tesla, up to a total of $100 million. In exchange, Tesla pays Mr. Musk a one-time tax of $972,361. Tesla will also make reasonable efforts to secure the market offer and pay Mr. Musk an additional amount to reconcile the single fee, in order to be equal to the market premium of the market offer, as used for 90 days and which will still be discounted to 50% if the latter amount is higher. The compensation agreement is also subject to certain customary conditions for compensation agreements with executives and senior managers. Position 1.01Influer into a final agreement of the equipment. . Check the box below if Form 8-K must simultaneously complete the registrant`s reporting requirement in accordance with one of the following provisions (see General Statement A.2. below): the purchase of equipment in accordance with Rule 14a-12 under the Exchanges Act (17 CFR 240.14a-12) According to Section 12 (b) of the Act: (main office address) and zip code : The registrant`s telephone number, including the territorial code under the requirements of the Securities Exchange Act of 1934, had the registrant sign this report on his behalf by the authorized undersigned. .

When an emerging growth company, contributing, indicates whether the registrant has decided not to use the extended transition period to comply with new or revised accounting standards pursuant to Section 13 (a) of the Exchange Act. ☐ On June 24, 2020, Tesla, Inc. („Tesla“) entered into a compensation agreement (the „compensation agreement“) with Elon Musk, Tesla`s Chief Executive Officer , for a transitional period of 90 days (the term „bridge“). During the Bridge Term, Tesla resumes its annual assessment of all available options for the provision of compensation coverage reports for directors and officers, which it had suspended during the level of COVID 19 pandemic protection requirements. As part of such a process, Tesla intends to secure a firm market offer for directors and officers` liability insurance, with a total coverage limit of $100 million (the „market offer“) that Tesla will weigh when selecting a compensation option for a normal term after the bridge`s term ends. Notification written in accordance with Rule 425 in accordance with the Securities Act (17 CFR 230.425) Report date (earliest event date): June 24, 2020 Indicate by The Stamped Sign, if the registrant is a growing company within the meaning of Rule 405 of the Securities Act of 1933 (17 CFR No. 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR no. 240.12b-2).