Tesla CEO Elon Musk has reportedly donated 11.5 million shares, or about $2 billion, in Tesla shares to charity as a “bona fide gift,” as described in a US regulatory filing. It is unclear where he donated the shares, but it is assumed to be to his own, The Musk Foundation.
According to the SEC filing, Musk donated the shares between August and December 2022. They equated to about 1.6% of Musk’s total Tesla shares and are now worth around $2.4 billion after Tesla’s stock recovery from a tumultuous 2022.
Musk, who is frequently found atop the world’s richest people, currently has a net worth of $198.2 billion, according to Forbes’ real-time billionaire tracker. Bernard Arnault, CEO of LVMH, tops the list with a mind-numbing $213.4 billion, $15 billion more than Musk.
The Musk Foundation, Elon Musk’s Charity
This is not the first time Musk has leveraged his massive wealth for good. In 2021, he donated $5.74 billion worth of shares, per a regulatory filing, to The Musk Foundation. That same year in January, he announced that he would donate $100 million to a person or company that develops the best carbon capture technology.
His $5.7 billion instantly made The Musk Foundation one of the largest in the United States, according to Fortune. During this period, Musk donated $55 million to the Memphis-based St Jude Children’s Research Hospital and another $54 million to the X Prize Foundation, which he partnered with to fund the carbon capture and removal projects.
Largest Donation in 2022
According to Chronicle of Philanthropy, which was completed last year before Musk’s SEC filings, Microsoft founder Bill Gates landed at the No. 1 spot with a whopping $5.1 billion in donations. Michael Bloomberg’s $1.7 billion garnered him the No. 2 spot.
New Twitter CEO
Recently, Musk said that he was looking for someone to replace him as the CEO of Twitter, his newly acquired social media platform. With Musk’s workload being quite significant, he’s looking to appoint a new CEO by the end of 2023 so he can step-down and focus on other things. He even considered hiring philanthropist and YouTube star MrBeast as Twitter’s CEO.
“I think I need to stabilize the organization and just make sure it’s in a financially healthy place and that the product roadmap is clearly laid out,” Musk said at the World Government Summit in Dubai. “I’m guessing probably towards the end of this year should be good timing to find someone else to run the company because I think it should be in a stable position around the end of this year.”
Subscribe
Subscribe to our newsletter to stay up to date on the latest Tesla news, upcoming features and software updates.
According to filings found by Kees Roelandschap on X, Tesla has obtained a 2-year exemption from UNECE autonomy regulations to run FSD Supervised on public roads in Norway. This marks one of the first positive developments for regulations and autonomy in Europe — great news for European customers.
Previously, European transportation agencies stressed additional caution and requested more time to legislate, further delaying the widespread UNECE regulation changes for autonomous vehicles.
Norwegian FSD - Employees Only
Following the recent approval from the Norwegian Road Authority, Tesla will be permitted to use its Supervised vehicles on public roads in a testing capacity. This exemption does not yet apply to customers, so we will have to wait and see how testing progresses.
Tesla will specifically be allowed to run FSD V13 and its derivative builds (meaning AI4 vehicles only) with automated steering and speed controls on EU-registered and approved vehicles.
Tesla will also be required to have Tesla-trained drivers (employees) conduct the testing. There is no specific policy in place that enables the use of FSD for customers at this time. However, as testing is conducted and bureaucratic hurdles are overcome across various transportation departments, Tesla may be able to extend the offer to European customers. According to Tesla’s latest earnings call, the company still plans to release FSD in Europe by the end of the year.
— Tesla Europe & Middle East (@teslaeurope) April 5, 2025
Article 39 Exemption
The UNECE can grant exemptions for innovative technologies that move faster than legislation under Article 39. However, Tesla requires the backing of a national ministry of transport to bring this to the UNECE’s attention. The next round of voting on critical issues is expected on May 12, 2025, which may not leave Tesla much time to present its findings to UNECE.
We don’t expect Tesla to receive authorization immediately. It may take several weeks or months of testing from the Netherlands or Norway teams before one of the two countries is willing to support Tesla’s exemption bid.
However, if Tesla achieves an Article 39 exemption, it could allow Tesla to roll out FSD to customers across Europe, provided there are no country-level exemptions.
Following customer requests, Tesla has once again returned FSD Transfers for North America. This comes after some new details we received on FSD Supervised and Unsupervised at the recent Q1 2025 Earnings Call.
Vox Populi, Vox Dei … FSD Transfer is back
All countries (in NA), all S3XY + @cybertruck (excl Foundation Series & Launch Series)
This latest round of FSD transfers doesn’t have a specific time limit - so if you’re in the market for a new vehicle and were worried about transferring FSD from a HW3 vehicle - now is the best chance.
This transfer opportunity is applicable for any new vehicle purchases, including the Model S, 3, X, Y, as well as the Cybertruck. The only vehicles it doesn’t apply to are the Foundation-Series Cybertruck or a Launch-Series Model Y, which already come with FSD included.
If you’re conducting an FSD transfer, you’ll need to reach out to your Tesla delivery coordinator through the Tesla app to confirm you’re eligible and to get the process started.
Note that once you take delivery, FSD access is removed from your older vehicle, regardless if you plan to trade in your vehicle or keep it.
Canada and Mexico
For those in Canada and Mexico, there’s some good news. This opportunity is available for customers in those countries as well, however, new vehicle orders are currently paused in Canada and Mexico for unknown reasons.
Running Offers
There are also several other offers running in North America, with the country flags indicating which countries their available in:
0% Financing on new Model 3 Orders (60mo, 0.99% for 72mo) 🇺🇸
Deep Blue Metallic and Pearl White are currently free on a new Model 3 Performance 🇺🇸
Original Model Y Owners are receiving $2,000 off the purchase of a Refreshed Model Y 🇺🇸 🇨🇦 🇲🇽
Free Supercharging on the Model S and Model X 🇺🇸 🇨🇦 🇲🇽
Free Supercharging on the Foundation-Series Cybertruck 🇺🇸 🇨🇦 🇲🇽
![Tesla's 2025 Q1 Earnings Call: How to Listen [Listen to Replay]](https://www.notateslaapp.com/img/containers/article_images/multiple-models/group_81.jpg/b2695a53b51e4c7927802deba2534b09/group_81.jpg)
