Elon Musk has given away nearly $100 million worth of Tesla shares to charity as part of year-end tax planning, according to an SEC filing released Wednesday. The donation, equivalent to approximately 210,000 Tesla shares, was made on Tuesday and is one of the largest charitable gifts from Musk in recent years. The filing did not disclose the names of the recipient charities, but noted that the organizations had stated they had no current intention to sell the shares. Musk and Tesla did not respond to requests for comment on the gift. While $100 million is a significant sum, it represents a small fraction of Musk’s overall wealth, which stands at $619 billion according to the Bloomberg Billionaires Index. The donation comes at a pivotal moment for Musk and Tesla, as the CEO continues efforts to strengthen his control over the electric vehicle company. Musk has repeatedly stated that he does not hold enough voting shares to feel secure in his leadership role. In January, he said he would not feel comfortable advancing Tesla’s AI and robotics ambitions unless he controlled at least 25% of the company. Earlier in October, he expressed concern about building a “robot army” at Tesla if there were risks of being removed as CEO. Musk’s recently approved $1 trillion pay package, approved by Tesla shareholders in November, could help him achieve greater ownership. Under the plan, Musk could increase his stake from 13% to nearly 29% over the next decade if Tesla meets a series of aggressive financial and product milestones. The timing of the donation also coincides with a critical week for Tesla. The company is expected to release its annual sales figures on Friday. In a rare move, Tesla shared a pessimistic analyst consensus on Monday, forecasting that the company will record a second consecutive year of declining annual sales. Despite falling sales in key markets like China and Europe, Tesla’s stock has surged to record highs, driven by investor enthusiasm around its upcoming robotaxi launch and broader AI ambitions. The $100 million gift underscores Musk’s ongoing balancing act between philanthropy, tax strategy, and consolidating power at the company he founded and leads.