Form 8-K Tesla, Inc. For: Aug 03

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Tesla (TSLA) approves 96M share stock award for Musk

August 4, 2025 6:11 AM EDT

(Updated - August 4, 2025 6:13 AM EDT)

As previously disclosed in its quarterly report on Form 10-Q for the three months ended March 31, 2025, the board of directors (the Board) of Tesla (NASDAQ: TSLA)., a Texas corporation (the Company) established a special committee (the Special Committee) to consider certain compensation matters involving Elon Musk, the Companys Chief Executive Officer. The Special Committee is comprised of disinterested directors Robyn Denholm and Kathleen Wilson-Thompson.

On August 3, 2025, the Company approved an award of 96 million shares of restricted stock (the 2025 CEO Interim Award) to Mr. Musk under the Companys 2019 Equity Incentive... More