They have been their bet privately security loans
Musk however possess about a third regarding Tesla – certain 81 billion offers of just as much as 250 mil outstanding, depending on the business’s filings
Justine Musk is actually asking a judge so you’re able to tear up a blog post-nuptial agreement she and Elon Musk signed from inside the , that will in theory end in a lot of their holdings are considered society assets. While there’s no telling the situation have a tendency to turn out – this has currently visited attention – more critical is the protective purchase the legal enjoys slapped on Musk’s holdings within the Tesla and his awesome most other illiquid property. He is not able to market extreme holdings versus first taking consent out-of their ex boyfriend-girlfriend. In which he was also ordered from the a judge to keep purchasing their court charge during the course of the newest lengthy appeal techniques.
However, remaining their control share you to highest has arrived from the a beneficial rates. In , in order to wield enough voting capability to oust Tesla co-maker Martin Eberhard once the President, the guy translated 8 billion off his common offers on the popular shares. A few months later, Musk participated in a connection loan to help you rebuff a special effort of the VantagePoint Strategy Partners, a life threatening individual, to lead a package who has actually definitely diluted Musk’s manage. VantagePoint mate Jim Marver leftover Tesla’s board consequently. Regarding position out of Musk’s board allies, this new circulate steadied the organization at once of tall employee return and you can possible death of comfort. (An excellent VantagePoint spokesman refused in order to discuss Tesla panel issues.)
