Image: Tesla
Tesla has officially filed paperwork with the SEC to register 303,960,630 shares of common stock tied to Elon Musk’s massive 2018 CEO Performance Award. The filing, known as a Form S-8, was submitted on April 24, 2026, and marks a major step in finalizing the pay deal that has been a hot topic for years.
This move follows a new implementation agreement signed between Musk and the company on April 21, 2026. The agreement sets the ground rules for how these shares will be issued once Musk decides to exercise his options. While the number of shares is eye-popping, the filing also notes that this total could even grow if Tesla decides to do any more stock splits or dividends in the future.
The paperwork was signed by Tesla’s CFO, Vaibhav Taneja, and includes signatures from the entire board of directors, including Robyn Denholm, Kimbal Musk, and JB Straubel. By filing this registration, Tesla is essentially clearing the administrative path to hand over the keys to the stock once the legal and internal requirements of the 2018 plan are fully met.
While the filing is mostly technical, it is a clear signal that Tesla is moving forward with the compensation plan despite previous legal hurdles. For investors, it provides a concrete look at the sheer scale of the equity Musk is set to receive as the company continues its push into the next phase of its growth.
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