Tesla actually has a 1 share 1 vote right now but it also has super majority vot... | Hacker News

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		rtkwe 6 months ago \| parent \| context \| favorite \| on: I found a backdoor into my bed Tesla actually has a 1 share 1 vote right now but it also has super majority voting rules which means Musk's ~22% stake is nearly a veto unless the entire rest of the stockholders vote for a measure he's against. https://www.thestreet.com/investing/stocks/how-elon-musk-con...

lotsofpulp 6 months ago [–]

That is an Apr 2018 article. Elon has a substantially smaller share now. From first link in above post:

> Elon Musk is the largest individual Tesla shareholder, with 410.79 million shares, representing 12.8% of Tesla ownership as of December 2024.

https://www.secform4.com/insider-trading/1494730.htm

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