Elon Musk donates $100 million in Tesla shares to charity

Tesla chief Elon Musk has given away 2,10,699 Tesla shares to charity, valued at roughly $100 million, in line with a submitting with the US Securities and Alternate Price (SEC). The submitting reveals that the donation used to be made on December 30, 2025.

Musk, who owns 10% of Tesla, acknowledged the switch used to be piece of his “year-pause tax planning” and that the shares had been donated to “certain charities” which get “no unusual map to sell such stock”, as per the submitting.

This most current donation continues a pattern Musk has adopted over several years. In 2024, he donated Tesla shares price around $112 million to charitable causes. Earlier, in 2022, he proficient shares valued at $1.95 billion, while in 2021, he donated about $5.74 billion price of Tesla stock to the Musk Foundation, his non-profit organisation.

The Musk Foundation, where Musk serves as president, supports an growth of causes. Primarily based on its net location, these encompass the “vogue of salvage synthetic intelligence to attend humanity.” Analysts get identified that donating shares can moreover be financially efficient, as stock proficient to charities is no longer area to capital beneficial properties tax, unlike shares that are provided sooner than being donated.

Despite freely giving stock price millions, Musk continues to top world wealth rankings. Bloomberg’s Billionaires Index currently areas his procure price at $619 billion, making him the arena’s richest person. He’s adopted by Google cofounder Larry Online page, with a procure price of $269 billion, and Amazon founder Jeff Bezos, price $253 billion.

Musk’s wealth has seen intelligent swings in unusual months. Primarily based on Forbes’ billionaires index, his procure price in short jumped to $749 billion closing Friday after the Delaware Supreme Court docket reinstated Tesla stock suggestions valued at $139 billion. These had been struck down closing year.

The court ruling moreover revived Musk’s 2018 pay bundle, which used to be as soon as valued at $56 billion. A lower court had previously rejected the deal as “unfathomable”, nevertheless the Supreme Court docket acknowledged a 2024 resolution to assassinate it had been perilous and inequitable to Musk.

One at a time, in November, Tesla shareholders licensed a $1 trillion pay thought for Musk, the greatest company compensation bundle ever. Merchants backed the proposal as an endorsement of Musk’s thought to rework Tesla from an electrical automobile maker precise into a important power in synthetic intelligence and robotics.