Stock & Business

Tesla registers 304 million shares for Elon Musk’s 2018 pay package – here’s what it means

Tesla has filed a Form S-8 with the SEC to register nearly 304 million shares for Elon Musk's 2018 compensation package, moving the controversial pay plan closer to finalization. This step follows shareholder approval and a court ruling, meaning Musk could soon receive the massive stock award if Tesla meets performance targets. For Tesla owners and enthusiasts, this reinforces Musk's long-term commitment to the company and aligns his incentives with Tesla's market performance.