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?
The problem with Tesla is the problem Apple had for many years: Your CEO is the reason for the stock price. Apple had a plan for succession that saved them in the end, and they’ve never been better. Tesla has nothing. They are basically a carbon credit company run by a sycophant, and without Elon, they are nothing but a carbon credit company. If he departs, the stock price will crater/adjust.
Last time we had a CEO get fired because they were bad was the OpenAI fiasco and that proved that we no longer live in reality, because Sam was back in a week.
Sam was fired because the board stated he withheld information and misinformed them, not because he was a bad CEO