Answer these questions in regards of the company TESLA.

Objective: To understand the corporate governance and ownership structure of the firm and assess where the power and the potential for conflicts of interest at the firm lie. Key Questions: o Is this a company where there is a separation between management and ownership? If so, how responsive is the management to stockholders? o Is there a potential conflict between stockholders and lenders of the firm? If so, how is it managed? o How does this firm interact with financial markets? How do markets get information about the firm? o How does this firm view its social obligations and manage its image in society? o Who is the average investor in this stock (individual or pension fund, taxable or tax-exempt, small or large, domestic or foreign)? o Who is the marginal investor in this stock? 1. The Chief Executive Officer Who is the CEO of the company? How long has he or she been CEO? If it is a family run company, is the CEO part of the family? If not, what career path did the CEO take to get to the top? (Did he or she come from within the organization or from outside?) How much did the CEO make last year? What form did the compensation take? (Break down by salary, bonus and option components) 2. The Board of Directors Who is on the board of directors of the company? How long have they served as directors? How many of the directors are inside directors? (i.e., employees or managers of the company) How many of the directors have other connections to the firm (as suppliers, clients, customers.)? Do any of the directors have large stockholdings or represent those who do? 3. Share Voting Structure Are there differences in voting rights across shares? If so, do incumbent managers own a disproportionate share of the voting shares