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Elon Musk Nears 20% Voting Power In Tesla After Exercising Stock Options

Bezinga News June 18, 2026 · 4:57 am Read Original

Strong Bullish 88.6

−100 Bearish 0 +100 Bullish

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk gained more than 300 million shares of the EV giant’s stock as part of his 2018 CEO Compensation Award, which takes his voting rights in Tesla to approximately 19.9%.
Elon Musk Gains Tesla Shares
In a Form 4 filing with the SEC on June 16, Musk exercised his stock options as part of the 2018 CEO award, gaining over 303,960,630 shares of the EV giant at $23.34/share.

Read Also:

Elon Musk Says Dollars Will Be Replaced By 'Mass & Energy,' Reaffirms Lunar Factories, Mass Drivers For AI Goals

The original agreement granted Musk 20,264,042 shares at $350.02/share, but Tesla's stock split 5-for-1 in 2020 and then 3-for-1 in 2022, which adjusted Musk’s grant down to 303,960,630 shares at $23.34/share, the filing states.
However, Tesla withheld over 17.

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Source Bezinga News

Published Jun 18, 2026 · 4:57 am

Article ID 4vkkkkw

Original URL Open source

Strong Bullish 88.6

−100Neutral+100

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