Sawyer Merritt
@SawyerMerritt · Jan 15, 2024
Elon makes it very clear this isn't about him wanting more money. This is solely about have stronger voting control/power. He wants to be able to steer Tesla in the right direction. I thought a dual-class share structure might solve this, but I guess that can't be done.
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Elon Musk@elonmusk· Jan 15, 2024@heyitsyashu I should note that the Tesla board is great. The reason for no new “compensation plan” is that we are still waiting for a decision in my Delaware compensation case. The trial for that was held in 2022, but a verdict has yet to be made.
I put “compensation plan” in quotes,
Elon Musk
@elonmusk
If dual-class can be done, I’m all for it.
It’s weird that a crazy multi-class share structure like Meta has, which gives the next 20+ generations of Zuckerbergs control, is fine pre-IPO, but even a reasonable dual-class is not allowed post-IPO.
02:06 AM · January 16, 2024 · 510.7K views
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