Tesla registers 303.9 million shares for Musk performance award

Tesla Inc. (NASDAQ: TSLA) filed a registration statement to register 303,960,630 shares of common stock that may be issued to Chief Executive Officer Elon Musk under his 2018 CEO Performance Award.

The shares represent stock issuable to Musk under the performance award granted on January 21, 2018. According to the filing, Musk entered into an implementation agreement with Tesla on April 21, 2026, relating to the exercise of the performance award.

The registration covers shares with a par value of $0.001 per share. The filing indicates the shares may be issued subject to terms outlined in the implementation agreement upon exercise of the award.

The registration statement also covers additional shares that may become issuable under the award due to stock dividends, stock splits, recapitalization or similar transactions that increase Tesla's outstanding share count without consideration.

Tesla filed the Form S-8 registration statement with the Securities and Exchange Commission to enable the potential issuance of the shares under the CEO performance award structure.

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