Tesla (NASDAQ: TSLA) grants SVP 520,021 stock options vesting 2027-2031

Rhea-AI Filing Summary

Tesla, Inc. filed an insider trading report showing a large stock option grant to a senior executive. On January 8, 2026, SVP Zhu Xiaotong was awarded a non-qualified stock option to buy 520,021 shares of Tesla common stock at an exercise price of $435.8 per share. The option was granted at no cost to the executive and is held directly.

According to the vesting schedule, 1/48 of the shares underlying the option will vest and become exercisable on April 5, 2027, with an additional 1/48 vesting each month thereafter, so that all 520,021 shares will be fully vested and exercisable by March 5, 2031. Following this grant, Zhu beneficially owns derivative securities representing 520,021 underlying shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zhu Xiaotong

(Last) (First) (Middle)

C/O TESLA, INC.

1 TESLA ROAD

(Street)

AUSTIN TX 78725

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Tesla, Inc. [ TSLA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	$435.8	01/08/2026		A		520,021		(1)	01/08/2036	Common Stock	520,021	$0.0	520,021	D

Explanation of Responses:

1. 1/48th of the shares subject to the option will become vested and exercisable on April 5, 2027, and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter, so that all such shares subject to this option will be fully vested on March 5, 2031.

	By: Aaron Beckman, Power of Attorney For: Xiaotong Zhu	01/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Tesla (TSLA) report for Zhu Xiaotong?

Tesla reported that SVP Zhu Xiaotong received a grant of a non-qualified stock option covering 520,021 shares of Tesla common stock on January 8, 2026.

Is the Tesla (TSLA) Form 4 for a stock sale or an option grant?

The Form 4 reflects an option grant, not a sale. It shows an acquisition (code A) of a non-qualified stock option, giving the right to buy Tesla shares in the future.

What is the exercise price of the Tesla options granted to Zhu Xiaotong?

The non-qualified stock option granted to Zhu Xiaotong has an exercise price of $435.8 per share for the underlying Tesla common stock.

How many Tesla shares underlie the new stock option grant?

The option grant covers 520,021 shares of Tesla common stock, and the Form 4 shows 520,021 derivative securities beneficially owned following the transaction.

What is the vesting schedule for Zhu Xiaotong’s Tesla stock options?

Per the footnote, 1/48 of the shares subject to the option will vest and become exercisable on April 5, 2027, with 1/48 vesting each month thereafter, so all shares will be fully vested by March 5, 2031.

Does Zhu Xiaotong hold the Tesla options directly or through another entity?

The filing classifies the ownership of the derivative securities as Direct (D), indicating Zhu holds the stock option directly rather than through an intermediary entity.