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2 weeks agoTechCrunch Mobility: Elon Musk's threats worked | TechCrunch
And the stakes were high; if he didn't get that control, he threatened to leave. Shareholders simply could not, did not want to imagine Tesla without Elon. All of that money, power, and control increases for Musk if Tesla reaches milestones based on operations, adjusted profit, and market capitalization. Every tranche, if the goal is reached, will deliver 35.3 million shares to Musk. For instance, the first tranche milestone is a market capitalization of $2 trillion.
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