An investigation for investors in shares of Tesla Motors Inc (NASDAQ:TSLA) over potential wrongdoing by certain officers and directors was announced and current long-term NASDAQ:TSLA stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

San Diego, CA -- (SBWire) -- 05/07/2013 --An investigation on behalf of investors in shares of Tesla Motors Inc (NASDAQ:TSLA) was announced concerning whether certain Tesla Motors officers and directors possibly breached their fiduciary duties in connection with certain statements.

Investors who are current long term stockholders of shares of Tesla Motors Inc (NASDAQ:TSLA), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns, among other things, whether certain Tesla Motors officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by, among other things, failing to implement adequate internal controls.

Tesla Motors Inc reported that its annual Total Revenue increased from $11.94 million in 2009 to $413.26 million in 2012 while its respective Net Loss increased from $55.74 million to $396.21 million.

Shares of Tesla Motors Inc grew from $18.32 per share in August 2010 to as high as $56.94 per share on April 29, 2013.

On May 6, 2013, NASDAQ:TSLA shares closed at $59.50 per share.

Those who are current long term stockholders of shares of Tesla Motors Inc (NASDAQ:TSLA) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com