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?
Explained nicely by Common Sense Skeptic in their video on the subject. TLDW is that Musk is low on stocks, around 12%, and he’s demanding to be given more (total 25%) or he walks. Reason he wants 25% is so that he can still be in charge of company with other people who proxy his power.
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