The reason he most likely wants the money is to finance other projects. I think he likes not having public listed companies where he constantly has to bend to the rules.But to me it’s more about his morals for accepting that large of a pay packet, Also he has fan boys because he built Tesla, and he couldn’t have done that without the investors (whom he later clipped)
To remedy the problem, if he really thinks his management of Tesla will build value, he should agree to not accept anymore compensation, and just accept any future value he brings will be reflected by an increase in value of that $56 Billion of shares we just paid him (plus the shares he already owned prior).
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Also, keep in mind that although you don’t seem to think Tim Cook has done much, he has presided over a capital gain for Apple share holders of about 5 times more than Elon did for Tesla share holders, and was paid a tiny fraction, and he donated a huge portion of his bonus to charity, and as I said Steve jobs before him worked for $1 per year.
There was little innovation with cook. He's a good manager. Imo he missed a lot of opportunities and backed a lot of flops. Apple is no longer at the forefront of innovative products.
Elon made a crazy deal that no one thought he would achieve and managed to pull it off. I'm not arguing it's a bad deal or his "morals" are off. Or even that he's a bit of a sht cnt. I'm saying Tesla really gets clipped if he walks.