Tesla announces that it will hold its Stockholders Annual Meeting on May 31

Tesla announced after market close on Friday that its 2016 Annual Meeting of Stockholders (the “2016 Annual Meeting”) will be held on Tuesday, May 31, 2016, at the Computer History Museum in Mountain View.

During the meeting, shareholders will vote on the reelection of two board directors, the reappointment of Tesla’s public accounting firm and on a stockholder proposal to eliminate limited supermajority voting requirements. Following the formal part of the meeting, CEO Elon Musk generally makes a short presentation followed by a Q&A session.

What: Tesla 2016 Annual Meeting

When: Tuesday, May 31, 2016, at 2:00 p.m., Pacific Time

Where: Computer History Museum located at 1401 N. Shoreline Blvd., Mountain View, CA 94043

The meeting will also be livestreamed on www.teslamotors.com/2016shareholdermeeting.

Here are the two directors due for reelection:

Brad W. Buss has been a member of our Board of Directors since November 2009. From August 2014 until his retirement in February 2016, Mr. Buss served as the Chief Financial Officer of SolarCity. Prior to joining SolarCity, from August 2005 to June 2014, Mr. Buss was the Executive Vice President of Finance and Administration and Chief Financial Officer of Cypress Semiconductor Corporation, a semiconductor design and manufacturing company. Mr. Buss served as Vice President of Finance at Altera Corp., a semiconductor design and manufacturing company, from March 2000 to March 2001 and from October 2001 to August 2005. From March 2001 to October 2001, Mr. Buss served as the Chief Financial Officer of Zaffire, Inc., a developer and manufacturer of optical networking equipment. Mr. Buss also serves as a director of Advance Auto Parts, Inc. and CafePress Inc. Mr. Buss holds a B.A. in economics from McMaster University and an honors business administration degree, majoring in finance and accounting, from the University of Windsor.

Ira Ehrenpreis has been a member of our Board of Directors since May 2007. Mr. Ehrenpreis has been a venture capitalist since 1996 when he joined Technology Partners, where he is a partner and has led its Cleantech practice for several years as a managing member. Since 2015, Mr. Ehrenpreis has also been a managing partner of the venture capital firm of DBL Partners. In the venture capital community, he has served on the Board of the National Venture Capital Association and currently serves as the President of the Western Association of Venture Capitalists and the Chairman of the VCNetwork, an organization comprising more than 1,000 venture capitalists. In the Cleantech sector, he has served on several industry boards, including the American Council on Renewable Energy and the Cleantech Venture Network (Past Chairman of Advisory Board), and was the Chairman of the Clean-Tech Investor Summit in 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012 and 2013. Mr. Ehrenpreis serves as Chairman of the World Energy Innovation Forum. Mr. Ehrenpreis holds a B.A. from the University of California, Los Angeles and a J.D. and M.B.A. from Stanford University.