Elon Musk’s 423.7 million performance award shares have been issued, but he can only earn them if Tesla hits long-term targets and they will not vest until the 2030s
NEWS: Elon Musk’s 2025 CEO Performance Award shares have officially been issued — split into 12 tranches (423.7 million total shares), according to a new SEC filing. Each tranche can only be earned if Tesla hits strict performance goals. Earned shares vest in 2033 or 2035, are held in Musk’s revocable trust, and are voted …