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?
Not OP but regarding sources, there’s a group referred to as “TSLAQ” (Q referring to a letter typically added to bankrupt stock symbols, but they’re not entirely free of conspiratorial thinking) that’s been critical of TSLA and others including David Einhorn who have criticized their accounting practices. I’ve not had time to look much into it myself but see: https://en.wikipedia.org/wiki/Criticism_of_Tesla,_Inc.#Accounting
Here’s the section for the wikipedia article you mentioned in your comment:
= In 2017, a lawsuit alleged Tesla made materially false and misleading statements regarding its preparedness to produce Model 3 cars. The U. S. Department of Justice also began an investigation in 2018 into whether Tesla misled investors and misstated production figures about the Model 3. The lawsuit was dismissed in Tesla’s favor in March 2019.
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