Overview

• Elon Musk has pledged nearly 236 million Tesla shares, worth approximately $66 billion at current market value, as collateral for personal loans capped at $3.5 billion.
• Tesla’s 2024 annual report attributes 714.75 million shares to Musk, including 410.8 million held shares and 304 million unexercised options.
• The report discloses $198 million in 2024 battery storage sales to Musk-owned xAI, with an additional $37 million in sales through February 2025.
• Tesla also paid $300,000 to Nova Sky Stories, a drone company led by Musk’s brother Kimbal, for organizing an air show.
• A pending investor lawsuit challenges the validity of Musk’s 2018 performance-based equity award, potentially impacting his compensation.