Tesla Executive Zhu Xiaotong Granted 520,000 Stock Options at $435.80 Exercise Price

Tesla disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) on January 12 that senior vice president Zhu Xiaotong was granted stock options for 520,021 shares at an exercise price of $435.80 per share. The equity award will vest in stages, with full vesting scheduled for March 5, 2031. This grant is part of Tesla’s long-term incentive program for key executives, designed to align executives’ interests with the company’s long-term growth.