Tesla, Inc.
TSLASummary
Full summaryThe Print
Tesla's 10-K/A amendment focuses on executive compensation, disclosing a $158.4B total compensation for CEO Elon Musk in 2025, driven by a $132.3B performance award and a $26.1B interim award that was later forfeited.
This amendment adds Part III disclosures (directors, executive compensation, security ownership, related transactions, auditor fees) that were omitted from the original 10-K filed on January 29, 2026.
- The 2025 CEO Performance Award grants 423,743,904 shares of performance-based restricted stock to Elon Musk, with a maximum grant date fair value of $132.3B.
- The 2025 CEO Interim Award of 96,000,000 shares ($26.1B grant date fair value) was forfeited in its entirety in April 2026 following the reinstatement of the 2018 CEO Performance Award.
- The 2018 CEO Performance Award was reinstated by the Delaware Supreme Court on December 19, 2025, reversing the Court of Chancery's rescission.
Results That Matter
| Metric | Current Period | Prior Period | Change | Investor Takeaway |
|---|---|---|---|---|
Revenue | $28.2B | $22.4B | +26.1% | The filing does not provide a narrative driver for the revenue change in the excerpts provided. |
Net Income | $1.1B | $477.0M | +133.5% | The filing does not provide a narrative driver for the net income change in the excerpts provided. |
Diluted EPS | $0.34 | $0.15 | +126.7% | The filing does not provide a narrative driver for the EPS change in the excerpts provided. |
Earnings Quality & Cash Conversion
The filing does not provide a breakdown of operating versus one-time items in the excerpts provided.
Value Drivers & Capital Allocation
The filing does not provide a narrative on capital allocation in the excerpts provided.
Return on assets 0.8% (prior 0.3%).
Forward Signals
The filing does not provide forward-looking guidance in the excerpts provided.
Subsequent events
- On April 21, 2026, the Board approved the Implementation Agreement for the 2018 CEO Performance Award, imposing a service-based vesting condition through January 19, 2028 and a five-year holding period.
Risks
No risk factors found
The AI couldn't extract this section from the filing. The company probably didn't report it in a standard format.
Balance Sheet & Liquidity
Leverage: Not disclosed in the excerpts provided.
Liquidity: Not disclosed in the excerpts provided.
Working capital: Not disclosed in the excerpts provided.
Notable Footnotes
| Item | Impact |
|---|---|
| 2025 CEO Performance Award | Grants 423,743,904 shares of performance-based restricted stock with a maximum grant date fair value of $132.3B, subject to market capitalization and operational milestones. |
| 2025 CEO Interim Award | Award of 96,000,000 shares of restricted stock with a grant date fair value of $26.1B, forfeited in its entirety in April 2026. |
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AI-generated. Informational only, not investment advice. May be incomplete or contain errors. The authoritative source is always the original SEC filing.