Elon Musk’s $56 Billion Pay Package: Who Is for It and Against It

Under the plan, Musk was eligible for as much as $55.8 billion in stock options if Tesla hit certain milestones, which the company reached. The current value of the options is closer to $45 billion, according to the Bloomberg Billionaires Index.

Investors who are willing to comment publicly are so far split on the vote, which serves as an advisory to the board. Some worry Musk would leave the company if the package isn’t reinstated. The CEO has said he would develop products outside of Tesla if he doesn’t own about 25% of the company. He currently controls about half that. If the deal is brought back, Musk could almost double his holdings to roughly 21%. Read more on this topic.