> Tesla’s current valuation is pretty much thanks to him.

And nobody has a larger interest in Tesla's valuation them Musk himself, the largest shareholder.

He can't walk and any threats to that effect are theatrics. Shareholders would be idiots to re-approve the $55bn.

If I’m a shareholder, I don’t want an overly inflated stock price. I want a high stock price due to solid fundamentals. Tesla was temporarily extremely overvalued, but has since lost 60% of its market cap. It’s likely still overvalued compared with peers. It’s a car company, not a b2b SaaS company.

Put another way, which company is more likely to exist in 10 years: Microsoft or Tesla?