A new SEC filing shows the Tesla CEO realized a paper gain of about $116 billion, with the shares locked up until 2028.
Elon Musk has exercised all rights under his 2018 Tesla CEO compensation plan, receiving 304 million shares, a new SEC filing shows. The award carries a paper gain of about $116 billion, according to the report cited by CLS. The shares are subject to a lock-up (restriction on selling) until 2028, meaning Musk cannot sell them before then.