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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 5/10/17 Tesla, Inc. 10-Q 3/31/17 95:13M ActiveDisclosure/FA |
Document/Exhibit Description Pages Size
1: 10-Q Quarterly Report HTML 823K
5: EX-10.10 Material Contract HTML 140K
2: EX-10.7 Material Contract HTML 53K
3: EX-10.8 Material Contract HTML 75K
4: EX-10.9 Material Contract HTML 81K
6: EX-31.1 Certification -- §302 - SOA'02 HTML 36K
7: EX-31.2 Certification -- §302 - SOA'02 HTML 36K
8: EX-32.1 Certification -- §906 - SOA'02 HTML 32K
15: R1 Document and Entity Information HTML 49K
16: R2 Consolidated Balance Sheets (Unaudited) HTML 150K
17: R3 Consolidated Balance Sheets (Parenthetical) HTML 47K
18: R4 Consolidated Statements of Operations (Unaudited) HTML 94K
19: R5 Consolidated Statements of Comprehensive Loss HTML 53K
(Unaudited)
20: R6 Consolidated Statements of Cash Flows (Unaudited) HTML 142K
21: R7 Overview HTML 32K
22: R8 Summary of Significant Accounting Policies HTML 188K
23: R9 Business Combinations HTML 92K
24: R10 Goodwill and Intangible Assets HTML 107K
25: R11 Fair Value of Financial Instruments HTML 150K
26: R12 Inventory HTML 56K
27: R13 Solar Energy Systems, Leased and To Be Leased - HTML 65K
Net
28: R14 Property, Plant, and Equipment HTML 76K
29: R15 Other Long-Term Liabilities HTML 58K
30: R16 Customer Deposits HTML 31K
31: R17 Convertible and Long-Term Debt Obligations HTML 617K
32: R18 Common Stock HTML 37K
33: R19 Equity Incentive Plans HTML 70K
34: R20 Commitments and Contingencies HTML 54K
35: R21 VIE Arrangements HTML 121K
36: R22 Related Party Transactions HTML 49K
37: R23 Segment Reporting and Information about Geographic HTML 97K
Areas
38: R24 Summary of Significant Accounting Policies HTML 209K
(Policies)
39: R25 Summary of Significant Accounting Policies HTML 165K
(Tables)
40: R26 Business Combinations (Tables) HTML 82K
41: R27 Goodwill and Intangible Assets (Tables) HTML 105K
42: R28 Fair Value of Financial Instruments (Tables) HTML 149K
43: R29 Inventory (Tables) HTML 54K
44: R30 Solar Energy Systems, Leased and To Be Leased - HTML 68K
Net (Tables)
45: R31 Property, Plant, and Equipment (Tables) HTML 70K
46: R32 Other Long-Term Liabilities (Tables) HTML 57K
47: R33 Convertible and Long-Term Debt Obligations HTML 604K
(Tables)
48: R34 Equity Incentive Plans (Tables) HTML 50K
49: R35 VIE Arrangements (Tables) HTML 120K
50: R36 Related Party Transactions (Tables) HTML 44K
51: R37 Segment Reporting and Information about Geographic HTML 97K
Areas (Tables)
52: R38 Overview - Additional Information (Detail) HTML 35K
53: R39 Summary of Significant Accounting Policies - HTML 84K
Additional Information (Detail)
54: R40 Summary of Significant Accounting Policies - HTML 73K
Schedule of Account Activity Related to Resale
Value Guarantee Program (Detail)
55: R41 Summary of Significant Accounting Policies - HTML 40K
Schedule of Potentially Dilutive Shares that were
Excluded from Computation of Diluted Net Income
(Loss) per Share of Common Stock (Detail)
56: R42 Summary of Significant Accounting Policies - HTML 38K
Schedule of Accrued Warranty Activity (Detail)
57: R43 Business Combinations - Additional Information HTML 52K
(Detail)
58: R44 Business Combinations - Schedule of Fair Values of HTML 69K
the Assets Acquired and Liabilities Assumed
(Detail)
59: R45 Business Combinations - Schedule of Fair Value of HTML 51K
Identified Intangible Assets and their Useful
Lives (Detail)
60: R46 Goodwill and Intangible Assets - Additional HTML 31K
Information (Detail)
61: R47 Goodwill and Intangible Assets - Summary of HTML 56K
Acquired Intangible Assets (Detail)
62: R48 Goodwill and Intangible Assets - Total Future HTML 44K
Amortization Expense for Intangible Assets
(Detail)
63: R49 Fair Value of Financial Instruments - Schedule of HTML 43K
Assets and Liabilities Measured at Fair Value on
Recurring Basis (Detail)
64: R50 Fair Value of Financial Instruments - Schedule of HTML 44K
Interest Rate Swaps Outstanding (Detail)
65: R51 Fair Value of Financial Instruments - Schedule of HTML 50K
Estimated Fair Values and Carrying Values (Detail)
66: R52 Inventory - Schedule of Inventory (Detail) HTML 40K
67: R53 Inventory - Additional Information (Detail) HTML 31K
68: R54 Solar Energy Systems, Leased and To Be Leased - HTML 45K
Net - Components of Solar Energy Systems, Leased
and to Be Leased (Detail)
69: R55 Solar Energy Systems, Leased and To Be Leased - HTML 39K
Net - Components of Solar Energy Systems, Leased
and to Be Leased (Parenthetical) (Detail)
70: R56 Property Plant and Equipment - Schedule of HTML 53K
Property, Plant and Equipment, Net (Detail)
71: R57 Property Plant and Equipment - Additional HTML 54K
Information (Detail)
72: R58 Other Long-Term Liabilities - Schedule of Other HTML 42K
Long-term Liabilities (Detail)
73: R59 Customer Deposits - Additional Information HTML 30K
(Detail)
74: R60 Convertible and Long-Term Debt Obligations - HTML 188K
Summary of Debt (Detail)
75: R61 Convertible and Long-Term Debt Obligations - HTML 34K
Summary of Debt (Parenthetical) (Detail)
76: R62 Convertible and Long-Term Debt Obligations - HTML 89K
2.375% Convertible Senior Notes due in 2022, Bond
Hedges and Warrant Transactions - Additional
Information (Detail)
77: R63 Convertible and Long-term Debt Obligations - Term HTML 44K
Loan - Additional Information (Detail)
78: R64 Convertible and Long-term Debt Obligations - Solar HTML 50K
Renewable Energy Credit Loan Facilities -
Additional Information (Detail)
79: R65 Convertible and Long-term Debt Obligations - Solar HTML 42K
Loan-backed Notes - Additional Information
(Detail)
80: R66 Convertible and Long-term Debt Obligations - HTML 41K
Schedule of Aggregate Amount of Interest Expense
Recognized (Detail)
81: R67 Common Stock - Additional Information (Detail) HTML 37K
82: R68 Equity Incentive Plans - Additional Information HTML 94K
(Detail)
83: R69 Equity Incentive Plans - Summary of Stock-Based HTML 39K
Compensation Expense (Detail)
84: R70 Commitments and Contingencies - Additional HTML 63K
Information (Detail)
85: R71 VIE Arrangements - Additional Information (Detail) HTML 35K
86: R72 VIE Arrangements - Carrying Values of Assets and HTML 96K
Liabilities of Subsidiary in Consolidated Balance
Sheets (Detail)
87: R73 Related Party Balances - Summary of Related Party HTML 37K
Transactions (Detail)
88: R74 Related Party Transactions - Additional HTML 62K
Information (Detail)
89: R75 Segment Reporting and Information about Geographic HTML 30K
Areas - Additional Information (Detail)
90: R76 Segment Reporting and Information about Geographic HTML 38K
Areas - Schedule of Total Revenues and Gross
Margin by Reportable Segment (Detail)
91: R77 Segment Reporting and Information about Geographic HTML 40K
Areas - Schedule of Revenues by Geographic Area
(Detail)
92: R78 Segment Reporting and Information about Geographic HTML 35K
Areas - Schedule of Long-Lived Assets by
Geographic Area (Detail)
94: XML IDEA XML File -- Filing Summary XML 176K
93: EXCEL IDEA Workbook of Financial Reports XLSX 101K
9: EX-101.INS XBRL Instance -- tsla-20170331 XML 4.13M
11: EX-101.CAL XBRL Calculations -- tsla-20170331_cal XML 246K
12: EX-101.DEF XBRL Definitions -- tsla-20170331_def XML 812K
13: EX-101.LAB XBRL Labels -- tsla-20170331_lab XML 1.46M
14: EX-101.PRE XBRL Presentations -- tsla-20170331_pre XML 1.15M
10: EX-101.SCH XBRL Schema -- tsla-20170331 XSD 255K
95: ZIP XBRL Zipped Folder -- 0001564590-17-009968-xbrl Zip 222K
Exhibit 10.7
Tesla, Inc. (“Tesla” or the “Company”) is pleased to offer you the exempt, salaried position of Chief Financial Officer (CFO) on the terms set forth below. As CFO you will perform the duties customarily associated with this position. You will report to Elon Musk, Chief Executive Officer. Your duties, responsibilities, job title, and work location may be changed at any time by Tesla.
Your annualized salary will be $500,000 per year, subject to standard payroll deductions and withholdings. As an exempt employee, you will not be entitled to overtime. You will be eligible for vacation and sick leave according to Tesla's standard policy. Subject to the rules of the applicable plan documents, you will also be eligible to receive other benefits Tesla may provide to its employees (e.g., health and dental insurance coverage) beginning on your date of hire. Tesla may consider you for bonuses, although the amount of such bonuses, if any, and the criteria for determining the award of such bonuses, if any, shall be in the sole discretion of Tesla. Of course, Tesla reserves the right to modify your compensation and benefits from time to time, as it deems necessary.
Tesla, Inc. offers a competitive benefits package described below:
Shares: Should you decide to accept the position we will recommend to Tesla’s Board of Directors, or committee thereof, that the company grant you an equity award of $15,000,000 of which 25% will be in the form of Stock Options and the rest in the form of Restricted Stock Units (“RSUs”), which you will only receive at the time of vesting, as described below. This value is determined based on our standard equity granting policies. The actual number of RSUs and Stock Options that you receive will depend on the value of our stock at or around the time your grant is approved, as determined by Tesla’s Compensation Committee. Please note that for purposes of this allocation, one (1) Stock Option is equivalent to three (3) Stock Option Shares (“SOSs”). This award shall be subject to the terms and conditions of Tesla's 2010 Equity Incentive Plan and your Award Agreement, including vesting requirements.
Specifically, the RSUs shall vest over a period of four years as follows: twenty-five percent (25%) of the award shall vest on the first anniversary and six and twenty-five hundredths percent (6.25%) shall vest quarterly thereafter for the following twelve quarters on the date vesting begins, (such date to be indicated in your Award Agreement), subject to your continuing eligibility through the applicable vesting dates. No RSUs shall vest other than on the first anniversary and twelve subsequent quarterly vest dates, and no right to any vesting shall be earned or accrued prior to such date.
In contrast, with respect to Stock Options, twenty-five percent (25%) of the SOSs, subject to the Stock Option, shall vest on the first anniversary and the remaining SOSs shall vest monthly over the next thirty-six (36) months in equal monthly amounts subject to your continuing eligibility through applicable vesting dates. No SOSs shall vest other than on the first anniversary and thirty-six subsequent monthly vest dates and no rights to any vesting shall be earned or accrued prior to such date.
Please be aware that Tesla makes no representation about the future value of the equity award granted herein, and you should be aware that the value of this award will fluctuate in the future. Finally, the receipt of this award is subject to your signing the appropriate Award Agreement through the E*Trade portal.
401K Program: You will be eligible to participate in Tesla’s 401K program after your first pay check. Our 401K program is administered by Fidelity Investments.
Vacation Program: Regular full-time employees and part-time employees who work 20 hours per week are eligible for PTO immediately and accrue PTO at 1.25 days per month (for a total of 15 days per calendar year).
The Company is excited about your joining and looks forward to a beneficial and fruitful relationship. Nevertheless, you should be aware that your employment with the Company is for no specified period and constitutes at-will employment. As a result, you are free to resign at any time, for any reason or for no reason, with or without notice. Similarly, the Company is free to conclude its employment relationship with you at any time, with or without cause, and with or without notice.
We ask that, if you have not already done so, you disclose to Tesla any and all agreements relating to your prior employment that may affect your eligibility to be employed by Tesla or limit the manner in which you may be employed. It is Tesla’s understanding that any such agreements will not prevent you from performing the duties of your position and you represent that such is the case. We want to emphasize that we do not wish you to bring any confidential or proprietary materials of any former employer which would violate any obligations you may have to your former employer. You agree not to make any unauthorized disclosure to Tesla or use on behalf of Tesla any confidential information belonging to any of your former employers (except in accordance with agreements between Tesla and any such former employer). You also warrant that you do not possess any property containing a third party's confidential and proprietary information. Of course, during your employment with Tesla, you may make use of information generally known and used by persons with training and experience comparable to your own, and information which is common knowledge in the industry or is otherwise legally available in the public domain. Moreover, you agree that, during the term of your employment with the Company, you will not engage in any other employment, occupation, consulting or other business activity directly related to the business in which Tesla is now involved or becomes involved during the term of your employment, nor will you engage in any other activities that conflict with your obligations to Tesla.
As a Tesla employee, you will be expected to abide by all Tesla policies and procedures, and, as a condition of your employment, you will sign and comply with Tesla's standard confidentiality agreement which prohibits unauthorized use or disclosure of Tesla confidential information or the confidential information of Tesla's clients.
In addition, to ensure the rapid and economical resolution of disputes that may arise in connection with your employment with Tesla, you and Tesla agree that any and all disputes, claims, or causes of action, in law or equity, arising from or relating to your employment, or the termination of your employment, will be resolved, to the fullest extent permitted by law by final, binding and confidential arbitration in your city and state of employment conducted by the Judicial Arbitration and Mediation Services/Endispute, Inc. (“JAMS”), or its successors, under the then current rules of JAMS for employment disputes; provided that:
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Any claim, dispute, or cause of action must be brought in a party’s individual capacity, and not as a plaintiff or class member in any purported class or representative proceeding; and |
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The arbitrator shall have the authority to compel adequate discovery for the resolution of the dispute and to award such relief as would otherwise be permitted by law; and |
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The arbitrator shall not have the authority to consolidate the claims of other employees and shall not have the authority to fashion a proceeding as a class or collective action or to award relief to a group or class of employees in one arbitration proceeding; and |
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The arbitrator shall issue a written arbitration decision including the arbitrator’s essential findings and conclusions and a statement of the award; and |
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Both you and Tesla shall be entitled to all rights and remedies that you or Tesla would be entitled to pursue in a court of law; and |
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Tesla shall pay all fees in excess of those which would be required if the dispute was decided in a court of law. |
Nothing in this agreement is intended to prevent either you or Tesla from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion of any such arbitration. Notwithstanding the foregoing, you and Tesla each have the right to resolve any issue or dispute arising under the Proprietary Information and Inventions Agreement by Court action instead of arbitration.
Arbitrable claims do not include, and this Agreement does not apply to or otherwise restrict, administrative claims you may bring before any government agency where, as a matter of law, the parties may not restrict your ability to file such claims (including discrimination and/or retaliation claims filed with the Equal Employment Opportunity Commission and unfair labor practice charges filed with the National Labor Relations Board). Otherwise, it is agreed that arbitration shall be the exclusive remedy for administrative claims.
You acknowledge and agree that: (i) in the course of your employment by the Company, it will be necessary for you to create, use, or have access to (A) technical, business, or customer information, materials, or data relating to the Company’s present or planned business that has not been released to the public with the Company’s authorization, including, but not limited to, confidential information, materials, or proprietary data belonging to the Company or relating to the Company’s affairs (collectively, “Confidential Information”) and (B) information and materials that concern the Company’s business that come into the Company’s possession by reason of employment with the Company (collectively, “Business Related Information”); (ii) all Confidential Information and Business Related Information are the property of the Company; (iii) the use, misappropriation, or disclosure of any Confidential Information or Business Related Information
would constitute a breach of trust and could cause serious and irreparable injury to the Company; and (iv) it is essential to the protection of the Company’s goodwill and maintenance of the Company’s competitive position that all Confidential Information and Business Related Information be kept confidential and that you do not disclose any Confidential Information or Business Related Information to others or use Confidential Information or Business Related Information to your own advantage or the advantage of others.
In recognition of the acknowledgment above, you agree that until the Confidential Information and/or Business Related Information becomes publicly available (other than through a breach by you), you shall: (i) hold and safeguard all Confidential Information and Business Related Information in trust for the Company; (ii) not appropriate or disclose or make available to anyone for use outside of the Company’s organization at any time any Confidential Information and Business Related Information, whether or not developed by you; (iii) keep in strictest confidence any Confidential Information or Business Related Information; (iv) not disclose or divulge, or allow to be disclosed or divulged by any person within your control, to any person, firm, or corporation, or use directly or indirectly, for your own benefit or the benefit of others, any Confidential Information or Business Related Information; and (v) upon the termination of your employment, return all Confidential Information and Business Records and not make or retain any copies or exacts thereof.
If you accept our offer, your first day of employment as a Transition Employee will be February 22nd 2017, and your first day of employment as CFO will be March 2nd, 2017. This letter agreement constitutes the complete, final and exclusive embodiment of the entire agreement between you and Tesla with respect to the terms and conditions of your employment, and it supersedes any other agreements or promises made to you by anyone, whether oral or written. This Agreement cannot be changed, amended, or modified except in a written agreement signed by an officer of Tesla. This letter agreement shall be construed and interpreted in accordance with the laws of the State of California.
As required by immigration law, this offer of employment is conditioned upon satisfactory proof of your right to work in the United States.
This offer of employment is contingent upon the successful completion of your reference and background checks.
If you choose to accept our offer under the terms described above, please indicate your acceptance, by signing below and returning it to me by February 21st, 2017 after which date this offer will expire.
We look forward to your favorable reply and to a productive and enjoyable work relationship.
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Very truly yours, |
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Tesla, Inc. |
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Elon Musk |
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Chairman of the Board and CEO |
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Accepted by: |
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/s/ Deepak Ahuja |
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Date: |
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Start Date: |
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February 22nd 2017 |
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| This ‘10-Q’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed as of: | 5/10/17 | 4 | ||
| Filed on: | 5/9/17 | |||
| For Period end: | 3/31/17 | |||
| 2/21/17 | 8-K | |||
| 2/20/17 | ||||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 1/29/24 Tesla, Inc. 10-K 12/31/23 116:14M Workiva Inc Wde… FA01/FA 1/31/23 Tesla, Inc. 10-K 12/31/22 125:30M Donnelley … Solutions/FA 5/02/22 Tesla, Inc. 10-K/A 12/31/21 12:2.6M ActiveDisclosure/FA 2/07/22 Tesla, Inc. 10-K 12/31/21 131:28M Donnelley … Solutions/FA 4/30/21 Tesla, Inc. 10-K/A 12/31/20 12:2.3M ActiveDisclosure/FA 2/08/21 Tesla, Inc. 10-K 12/31/20 149:31M ActiveDisclosure/FA |
