Tesla Registers Elon Musk's 2018 Stock. Sales Are Coming
Tesla registered some stock for CEO Elon Musk. That doesn't mean he is going to sell it. Eventually, the taxman will come.Friday, Tesla filed forms with the Securities and Exchange Commission registering about 304 million shares of common stock relating to Musk's 2018 pay award.Tesla shareholders voted to award the often-debated options in 2012. A Delaware judge voided the award in 2024, citing inadequate shareholder disclosures. Shareholders reauthorized the award in 2024, which didn't change the judge's mind. Ultimately, the Delaware Supreme Court sided with Tesla in 2025, keeping Musk's stock options intact.To earn the award, Tesla essentially had to become worth $650 billion. Tesla was worth closer to $70 billion at the time. Today, it's valued at $1.7 trillion, based on its fully diluted share count, which includes Musk's options.Tesla shareholders voted to award Musk restricted stock in 2025 that would be worth roughly $1 trillion if all performance incentives are met. Currently,
