Is that why he sued to obtain his $29B package from Tesla shareholders?
Do you have a source for this?
As far as I understand, the bonus package represents a large part of revenue of all Teslas sold since the beginning.
> is something a lot of people are understandably sympathetic to.
Does he also need to pay back stocks when he does a nazi salute, thus tarnishing the brand's image and stock value?
At the time of the original pay package award (3/21/2018), with primary performance conditions being the growth of Tesla market cap (making money for Tesla shareholders), Tesla had a market cap of $53.5B.
At the time the lawsuit against Musk set aside that pay package in January 2024, Tesla's market cap had expanded under Musk's leadership to around $600B.
$600B - $55B = $545 billion in market cap increase (making money for shareholders), which dwarfs both the $29B he agreed to take as well as the larger amount he would have been due under the 2018 agreement.
I think you're confused on two sort-of-related things: one is the $56B package agreed to and approved in 2018 that a judge decided to revoke, for that he's suing.
The other one is the relatively recent (July/August) $29B package that was created by two indipendent board advisors to give him a "salary" (he did not participate or vote on the creation of this package), since apparently he received nothing from Tesla for the past 6-7 years. This comes as a result of him expressing that if he wants more control over the company, or he's going to build things (AI, robotics) outside of it. Part of the deal is that he's to forfeit this if the ruling on the 2018 package is in his favor.
https://en.wikipedia.org/wiki/List_of_lawsuits_involving_Tes...
https://www.reuters.com/sustainability/boards-policy-regulat...
https://techcrunch.com/2025/08/04/tesla-hands-29b-comp-packa...
That's the deal we voted for and Tesla grew 2000%. Very pleased with the outcome and would vote for any pay package at any company that was similarly structured.
I was one of those shareholders who voted FOR that pay package with power of six figures worth of stock. He didn't "sue the shareholders"
Shareholders are strongly on Elon's side here, as they have always have been. The only reason there is a lawsuit is because some bent judge is trying to take the shareholder's power away from them and not grant the pay package. Absolute corruption.
Same judge who forced him to overpay for Twitter.
I'm pretty sure he does, his actions in government and his lobbying were specifically so he made more money. He does love the tech, though I'm not as optimistic about his love of the ideals (but that might be the socialist in me talking).
I'm am wary about how brain implants could be abused further down the line, but for now it's not the main thing I'm looking at with Neuralink. It seems to be a positive change for the patient, and if costs can be reduced to make it affordable to the masses, it can be a great thing.a
Also, no people of the class we're alluding to would found SpaceX knowing its very likely going to fail and will be an absolute waste of money and potentially risk their whole luxurious welfare.
Or do that twice, with Tesla having teetered as badly too. With him sleeping on the couches in the plants. And not just during crises, as he seemingly visits his operations every week if you see how much he makes good use of his jet.
He's an alien compared to the lot.