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Tesla's CEO is unhappy with his current influence at the company because of a specific reason.
In this video, I will discuss the recent drama concerning Elon Musk being unsatisfied with not having about 25% voting control of Tesla (TSLA 2.03%). I will explain why a new compensation plan makes sense, why that has not been presented yet, and what the other alternative is.
*Stock prices used were from the trading day of Jan. 17, 2024. The video was published on Jan. 17, 2024.
Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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