According to Sawyer Merritt, Elon Musk currently holds approximately 304 million exercisable Tesla stock options from his 2018 compensation package, valued at $139.2 billion before taxes based on today's $TSLA closing price (source: Sawyer Merritt on Twitter). Musk has until January 2028 to exercise these options, which will trigger a significant taxable event, including federal, net investment, and California state taxes. The 5-year holding requirement post-exercise will solidify Musk's long-term stake in Tesla, leaving him with an estimated 18% ownership. For the AI industry, this outcome ensures stable leadership and funding for Tesla's ongoing advancements in autonomous driving, robotics, and AI-powered vehicle technology. The Delaware Supreme Court's ruling in Musk's favor also prevents over $100 billion in accounting charges, supporting Tesla's continued investment in AI innovation and competitiveness in the global smart vehicle market (source: Sawyer Merritt on Twitter).