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, according to a filing with the US Securities and Exchange Commission (SEC). The filing shows that the donation was made on December 30, 2025.

Musk, who owns 10% of Tesla, said the move was part of his “year-end tax planning” and that the shares were donated to “certain charities” which have “no current intention to sell such stock”, as per the filing.

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


The Musk Foundation, where Musk serves as president, supports a range of causes. According to its website, these include the “development of safe artificial intelligence to benefit humanity.” Analysts have pointed out that donating shares can also be financially efficient, as stock gifted to charities is not subject to capital gains tax, unlike shares that are sold before being donated.

Despite giving away stock worth millions, Musk continues to top global wealth rankings. Bloomberg’s Billionaires Index currently places his net worth at $619 billion, making him the world’s richest person. He is followed by Google cofounder Larry Page, with a net worth of $269 billion, and Amazon founder Jeff Bezos, worth $253 billion.

Musk’s wealth has seen sharp swings in recent months. According to Forbes’ billionaires index, his net worth briefly jumped to $749 billion last Friday after the Delaware Supreme Court reinstated Tesla stock options valued at $139 billion. These had been struck down last year.

The court ruling also revived Musk’s 2018 pay package, which was once valued at $56 billion. A lower court had previously rejected the deal as “unfathomable”, but the Supreme Court said a 2024 decision to cancel it had been improper and inequitable to Musk.

Separately, in November, Tesla shareholders approved a $1 trillion pay plan for Musk, the largest corporate compensation package ever. Investors backed the proposal as an endorsement of Musk’s plan to transform Tesla from an electric vehicle maker into a major force in artificial intelligence and robotics.