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Tesla Gains on Musk Exercising all Options, Likely Ending Share Sales for now By Dhirendra Tripathi Investing.com – Tesla stock traded 2.3% higher in Wednesday’s premarket trading as Chief Executive Officer Elon Musk exercised all of his options expiring next year, an indication that he is close to meeting his pledge of selling 10% of his stake in the EV-maker if he hasn’t already honored it. With Tuesday’s option exercise on 1.6 million shares on Tuesday, Musk, already the company’s largest shareholder, has exercised all of the options on 22.8 million shares, which were due to expire in August. He also sold 934,090 shares for $1.02 billion to pay for taxes, the filings showed. The maverick CEO has sold Tesla shares in several tranches since he conducted a Twitter poll November 7 asking whether he should sell 10% of his stake in Tesla. The company's shares are up over 50% year to date, and it drew sell-side price target hikes yesterday.