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McCormick called the latter “the $55.8 billion question” that the Tesla board never asked itself, perhaps because of Musk’s “superstar appeal.” The agreement was intended to increase his Tesla stake to up to 28.3 percent. The judge pointed out that the Tesla boss already owned a 21.9 percent stake in Tesla at this point. The targeted price increases would have allowed his assets to grow, she emphasized. In addition, he has shown no intention of leaving Tesla.
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