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Tesla grants Elon Musk rights to over 300 million shares, boosting his wealth significantly.

Company Fundamentals
27 Apr 2026
Market Watch
View Source
Bullish
pluang ai news

Tesla has officially transferred rights to 303,960,630 shares of common stock to CEO Elon Musk, as part of his 2018 compensation plan approved by investors. Musk can exercise these shares at $23.34 each, while Tesla's current stock price is over 16 times that amount, potentially increasing his net worth substantially. This move reflects the long-term incentives tied to Musk's leadership at Tesla and SpaceX, where he remains a major stakeholder. Investors will watch how this impacts Musk's holdings and Tesla's stock dynamics going forward.

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