Elon Musk Stakes Fortune on the Cult Following Who Made Him Rich
- Options worth $40 billion are at stake in shareholder vote
- Request comes as Tesla lays off workers, shares slump
Elon Musk
Photographer: Tolga Akmen/EPA/Bloomberg
Elon Musk is making one of his biggest asks of Tesla Inc. investors yet.
It was one thing for shareholders to approve his moonshot pay package in 2018, when it contained seemingly audacious goals and the market for electric vehicles was still Tesla’s to lose.