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Musk want a bigger share of Tesla

Mr Musk sold a large chunk of his shares in the electric car company less than two years ago to buy the social media platform Twitter, now called X. He now owns around 13% of Tesla. Elon Musk now wants a bigger stake in Tesla, reviving debate over the size of the billionaire’s pay package.he claims the current structure makes Tesla vulnerable to a “takeover by dubious interests” and he wants more control over its direction. On the other hand ,Shareholder Richard Tornetta is taking legal action over a 10-year pay package that the board granted Mr Musk in 2018, which was worth about $55bn with much of it coming from share awards. The package won approval from more than 70% of Tesla shareholders but the lawsuit argued that many of those shares belonged to people closely tied to Mr Musk. Do you think that it is for the best interest of the company ?

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