Elon Musk has exercised the entirety of his 2018 Tesla (TSLA) CEO pay package, acquiring 303,960,630 shares for a paper gain of about $116 billion, according to a new SEC filing.
But he didn’t sell a single share to do it — and the stock he received is locked up until 2028.
Tesla filed a Form 4 and a Schedule 13G amendment with the SEC on June 17, both reporting a transaction dated June 16, 2026.
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