🧵 REPLYING TO @TeslaBoomerMama (Ale𝕏andra Merz 🇺🇲):

┌─ "That is a bit misleading, until we know for the DE Supreme Court:

As of now, Elon holds @ 12.8% of Tesla's outstanding shares, totaling over 410 million shares. (He has pledged more than half of these shares as collateral for personal loans up to $3.5 billion.)

Additionally, Elon has options to purchase around 304 million shares from the 2018 compensation package, which, if exercised, could increase his stake to approximately 20.5%, though these options are currently under legal dispute and don't give him any voting rights."

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💬 ELON'S REPLY:

Just fyi I don’t have personal loans at this time against Tesla stock.

Also, the taxes on the options are ~45%, so net gain in voting control is more like 4%.

It is worrying in that I don’t want to build millions of robots and then potentially be ousted by activists and unable to ensure that public safety remains of paramount importance.

Source: https://x.com/elonmusk/status/1951025300156092778