Current Report Filing (8-k)
August 05 2016 - 6:12AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8‑K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
August 5, 2016
Tesla Motors, Inc.
(Exact name of registrant as specified in its charter)
Delaware
|
|
001-34756
|
|
91-2197729
|
(State or other jurisdiction of incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification No.)
|
3500 Deer Creek Road
Palo Alto, California 94304
(Address of principal executive offices, including zip code)
(650) 681-5000
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01
Other Events.
In footnote 1B to the Condensed Consolidated Statement of Operations included in the Second Quarter 2016 Update that was furnished as Exhibit 99.1 to Tesla Motors, Inc.’s (the “Company”) Current Report on Form 8-K dated August 3, 2016 (the “Q2 Letter”), the amount of the “Net increase in operating lease vehicles as result of lease accounting and therefore not recognized in automotive cost of sales” for the three and six months ended June 30, 2016 was incorrectly stated (in thousands) as: $97,247 and $456,345, respectively. The correct amounts (in thousands) are: $241,253 and $600,351, respectively.
This error was limited to the above-referenced footnote that was voluntarily provided as supplemental information and that is not required by U.S. generally accepted accounting principles, and did not impact the cost of revenues reported in the Condensed Consolidated Statement of Operations or the Reconciliation of GAAP to Non-GAAP Financial Information included in the Q2 Letter.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
TESLA MOTORS, INC.
|
|
|
|
|
By:
|
/s/ Jason Wheeler
|
|
|
|
Jason Wheeler
Chief Financial Officer
|
Date: August 5, 2016
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Apr 2023 to Apr 2024