Yesterday, Elon Musk exercised 304 million
@Tesla stock options from his 2018 compensation package, according to a new SEC filing.
Tesla withheld 17.53 million shares at an average price of $404.66/share in connection with net share settlement. The transaction did not involve any open-market sales of stock.
To be clear, this was not a net sale of Tesla stock. Elon's overall Tesla stock holdings increased.
Elon now owns roughly 19.9% of Tesla.
Filing: