Musk holds 717.1M Tesla shares — majority voting power (TSLA)
Rhea-AI Filing Summary
Tesla, Inc. reports Elon R. Musk beneficial ownership of 717,112,739 shares of Common Stock. The filing states this equals 20.3% of the class, calculated on 3,755,723,871 shares outstanding as of April 16, 2026. The amount includes 413,152,109 shares held by the Elon Musk Revocable Trust and 303,960,630 option shares exercisable within 60 days of April 21, 2026 under an Implementation Agreement. The filing notes certain awards (including a forfeited 96,000,000 interim award and a 423,743,904 performance award subject to a Voting Agreement) are disclaimed or subject to voting/proxy arrangements.
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Key Figures
Beneficially owned shares: 717,112,739 shares
Percent of class: 20.3%
Shares outstanding: 3,755,723,871 shares
+4 more
7 metrics
Beneficially owned shares
717,112,739 shares
Amount beneficially owned as reported in the amendment
Percent of class
20.3%
Calculated on 3,755,723,871 shares outstanding as of April 16, 2026
Shares outstanding
3,755,723,871 shares
Shares outstanding used to calculate percentage ownership (as of April 16, 2026)
Options exercisable within 60 days
303,960,630 shares
Options counted under SEC Rule 13d3(d)(1)(i), exercisable within 60 days of April 21, 2026
Trust-held shares
413,152,109 shares
Shares held by the Elon Musk Revocable Trust dated July 22, 2003
Forfeited interim award
96,000,000 shares
2025 CEO Interim Award forfeited on April 21, 2026 due to a Tornetta Decision Event
2025 performance award
423,743,904 shares
Performance-based restricted stock award subject to a Voting Agreement and irrevocable proxy
Key Terms
Implementation Agreement, Tornetta Decision Event, Voting Agreement, irrevocable proxy
4 terms
Implementation Agreement regulatory
"options...are the subject of an implementation agreement, dated April 21, 2026"
Tornetta Decision Event legal
"forfeited on April 21, 2026 as a result of a Tornetta Decision Event"
Voting Agreement corporate governance
"which shares are subject to a voting agreement (the "Voting Agreement")"
A voting agreement is a legally binding pact in which shareholders promise to cast their votes the same way on certain corporate matters, such as electing directors or approving a merger. It matters to investors because it changes who controls company decisions and makes outcomes more predictable—like a group of neighbors agreeing in advance to vote the same way on a community rule, it can strengthen or limit the influence of other shareholders and affect the company’s future direction.
irrevocable proxy corporate governance
"an irrevocable proxy has been given to Tesla's secretary to vote the shares"
An irrevocable proxy is a legal authorization in which a shareholder gives another person or entity the permanent right to vote their shares and cannot later take that voting permission back. It matters to investors because it locks who controls voting power on key issues—like board elections, mergers, or major policy changes—so it can change corporate control and influence the value or direction of an investment much like handing someone an unchangeable voting card.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Tesla (TSLA) does Musk own?
Mr. Musk's ownership equals 20.3% of the class. The percentage is calculated using 3,755,723,871 shares outstanding as of April 16, 2026 and SEC Rule 13d assumptions.
What restricted awards are excluded from Musk's beneficial ownership?
The filing excludes a forfeited interim award of 96,000,000 shares and a 423,743,904 share performance award subject to a Voting Agreement and irrevocable proxy.
How does the filing treat voting and dispositive power for Musk's holdings?
The filing reports Mr. Musk has sole and shared voting and dispositive power over 717,112,739 shares. Certain award shares are governed by a Voting Agreement and an irrevocable proxy, limiting his dispositive control.