Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future. The Company does not currently offer a Direct Stock Purchase Plan.
We receive a large number of requests for information in connection with student projects, and unfortunately are not able to respond to each one individually. This web site, however, contains answers to many of the most commonly asked questions about Tesla, our employees, the work that is done here. Additional information may be obtained by reading our SEC filings.
In May 2010, Tesla's board of directors approved a 1-for-3 reverse stock split for all outstanding common stock and related warrants, and all outstanding preferred stock and most related warrants converted into common stock. Please return any pre-split stock certificate(s) to Marianne Stark-Bradley of Wilson Sonsini Goodrich & Rosati, P.C., counsel to the Company, via overnight or registered mail at 650 Page Mill Road, Palo Alto, California 94304 1050. If you are unable to locate your stock certificate(s), please complete and return an Affidavit of Lost Stock Certificate, which is available from the Tesla's Legal Department.
Following Tesla's initial public offering, these post-split shares are now held in uncertificated, book entry form in records maintained by Tesla's transfer agent, Computershare. Computershare will be providing information to the Tesla pre-IPO stockholders in the next several weeks regarding their shareholdings.