Tesla Has Old Count of Musk’s Pledged Shares, Key to Margin Loan

Tesla Inc. said Monday in a securities filing that it needs more time to file a regular disclosure ahead of its annual shareholders’ meeting.

The company may also need to have another look at a closely watched section on Elon Musk’s pledged shares, which appears to contain out-of-date information.

Tesla’s amended annual report shows the share count and options of key investors through Dec. 31, and other footnotes refer to dates in 2022. But the part breaking out Musk’s ownership, exercisable options and pledged shares refers to Dec. 31, 2020, the same date from last year’s annual report. The ...