November 6, 2025 · Form 4 insider transaction
Musk Elon bought 423,743,904 shares of Tesla, Inc. at $334.09 per share, a transaction worth $141.57B. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
These shares of restricted stock were granted pursuant to Tesla, Inc.'s 2025 CEO Performance Award in twelve equal tranches, and were issued following receipt of all necessary approvals. The shares of restricted stock are subject to a voting agreement, and the Reporting Person has given an irrevocable proxy to the Company's secretary to vote the shares in accordance with the terms of the voting agreement. The earning of each tranche is subject to satisfaction of certain conditions. If earned on or prior to September 3, 2030, the tranches of restricted stock will vest on March 3, 2033, and if earned from September 4, 2030 through September 3, 2035, the tranches of restricted stock will vest on September 3, 2035, in each case subject to satisfaction of certain conditions.; Represents offset amount payable unconditionally upon vesting of this restricted stock award.