Hiltzik: That $1-trillion Tesla pay package for Elon Musk isn't as bad as you think. It's worse

He's not there yet — the proxy statement places his share ownership at 19.7% as of Aug. 29. If all the benchmarks in the new package were fully achieved, however, that would bring him shares equivalent to an additional 12% of the company, thereby meeting his demand.Musk has threatened before to turn his back on Tesla if he isn't satisfied with his level of authority. Last year, he intimated by tweet that he might not be inclined to develop AI capabilities within Tesla, as opposed to at his other companies, ...