Tesla retains Elon Musk's $30 billion stake

A new chapter in the novel of the tech world's most controversial CEO. The history of Elon Musk and Tesla has been marked by disruptions, innovations, and threats. This week, another page was turned: after threats of resignation, the board of directors approved a mega-share package valued at $30 billion to guarantee his permanence as CEO.

It all began after months of uncertainty. The annulment of a previous $56 billion settlement by a Delaware court left Musk on the warpath. The CEO, who now owns 13% of Tesla, made it clear that if he didn't increase his stake, he would consider leaving the company. The pressure paid off.

Robyn Denholm and Kathleen Wilson-Thompson, the sole members of the special committee, explained that retaining Musk is crucial to Tesla's future. And it's not just because of his image: the company faces a difficult outlook, with declining sales , increasing competition, and an adverse political climate with the reelection of Donald Trump , who has little sympathy for electric vehicles.

The message to shareholders was clear: this is just "the first step" to ensuring Elon Musk remains at the helm. Shares rose 2% after the announcement, reaching $309. Wall Street approved the move, at least for now.

This is where the legal game comes in. If the Delaware Supreme Court reverses the previous decision and reinstates the 2018 stake, Musk could exceed his 20% stake. That would mean giving up the new award, as he can't hold both stakes. A calculated move, in any case.

This legal standoff reflects not only the internal tensions at Tesla, but also the unstable equilibrium Musk represents: his genius is unquestionable, but his unpredictability is a risk that shareholders are learning to manage.

Beyond the numbers, there's a vision at stake. Tesla wants to position itself as a leader in artificial intelligence applied to mobility , and autonomous robotaxis are at the heart of that strategy. Musk remains the key figure in executing it.

According to Wedbush analyst Daniel Ives , this package could ensure his continued presence until 2030. "Musk remains Tesla's greatest asset," he concluded. The company hopes his presence will attract talent, investment, and technological credibility.

Tesla has decided to do so. At least for now. In a volatile context, where politics, technology, and the market collide daily, betting on Elon Musk is a risky but necessary move . Because while his decisions sometimes generate chaos, his vision could be the only one capable of leading Tesla toward the future it promises: one dominated by autonomous mobility , artificial intelligence , and, of course, its own legacy.