Elon Musk began 2026 by donating nearly $100 million worth of Tesla shares—around 210,000 units—to undisclosed charities, according to an SEC filing. The move was linked to “year-end tax planning,” with recipients indicating no immediate plans to sell the shares.
Elon Musks Donating Tesla Shares
While the gift is small compared to Musk’s $619 billion net worth, it comes at a time when he is seeking greater control over Tesla. Musk has repeatedly said he needs at least 25% voting power to expand Tesla’s AI and robotics projects, including his vision of a “robot army.”
His new $1 trillion pay package, approved in November, could boost his stake from 13% to nearly 29% if Tesla hits ambitious milestones. The donation coincides with Tesla’s upcoming sales report amid declining global sales but record-high stock prices.
