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5.02, Reg FD Disclosure
Filed August 4, 2025
Tesla's board granted Elon Musk 96 million restricted shares — roughly one-third of the contested 2018 pay package — as an interim "good faith" award requiring a two-year service commitment and a five-year holding period, with the shares forfeited if Delaware courts ultimately reinstate the original deal. The move signals the board's urgency to lock in Musk's focus on Tesla's AI and robotics pivot, with a longer-term compensation plan headed to a shareholder vote at the November annual meeting.
Filing Items
Item 7.01 — Reg FD Disclosure
Information shared at an investor day, conference, or guidance update. Regulation FD requires companies to disclose material information to all investors simultaneously.
Item 9.01 — Financial Statements
Financial statements and exhibits are attached to this filing. Usually accompanies other items rather than standing alone.
No product milestones were identified in this filing. It may contain financial results, routine disclosures, or operational updates that don't represent specific product execution events.