In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader in artificial intelligence and robotics without a compensation plan that would give him ownership of around 25% of the company’s stock. That would be about double the roughly 13% stake he currently owns.
Just casually asking for a roughly 80 Billion dollar pay raise. But at this point would Tesla be better off without him?
Weird to do that ultra publicly, rather than in a board meeting…
For Elon “Funding Secured” Musk it is the opposite of weird.
Yep. It’s a very transparent extortion. “I will intentionally (illegally) manipulate the stock to tank it if you do not give into my demands”
Obviously, being forced to buy Twitter wasn’t enough punishment for him to stop him from blatantly manipulating stocks.