Core Viewpoint - Elon Musk expressed concerns about his control over Tesla, stating that he might be "ousted" by aggressive shareholders due to his current 12.8% ownership stake, which he believes is insufficient for maintaining his leadership position [1][3] Group 1: Ownership and Control - Musk clarified that his actual ownership stake is approximately 12.8%, contrary to reports suggesting it was 21.2%, and he emphasized that he has no personal loans secured by Tesla stock [3] - He aims to increase his ownership to about 25% to ensure adequate influence over the company's direction [3][5] - The ongoing legal dispute regarding a $56 billion compensation package awarded to Musk in 2018 could further dilute his voting power if the court ruling is unfavorable [4] Group 2: Company Actions and Responses - In response to Musk's concerns, Tesla's board approved a temporary incentive plan granting him 96 million shares, valued at approximately $29 billion, which would raise his ownership stake to 16% [6] - This incentive plan is contingent upon Musk remaining in his executive role for the next two years and includes a five-year lock-up period for the shares [6] - Tesla plans to seek shareholder approval for a "longer-term CEO compensation strategy" at the upcoming annual meeting, which may provide Musk with a more lucrative compensation package [6]