Musk’s Payday—and Voting Control in Tesla
And if Tesla gets something out of the lithium deposit discovery? Well, that lines the pockets of Musk too—especially considering how corporate.
Asset growth can directly influence executive compensation structures, stock option tax strategy, and shareholder litigation risk.
The CEO said on May 20 that he’s committed to leading the company for the next five years.
During Bloomberg’s Qatar Economic Forum in Doha, he said he wants to maintain “sufficient voting control” within the company. Though he insisted “it’s not a money thing,” but rather “a reasonable control thing of the future of the company.”
Stakeholder Rewards and Long-Term Implications
However, given his 12.8 percent stake in Tesla as of 2024, per Investopedia, if the company does gain access to the recently discovered lithium deposit, it will ultimately be Musk who’s reaping most of the rewards.
Beyond personal wealth, this shift could affect investment portfolio diversification, strategic asset management, and even capital gains tax planning for major Tesla shareholders.
