Elon Musk has purchased nearly $1 billion worth of Tesla shares, a high-profile move that comes just weeks before shareholders are set to vote on a controversial $1 trillion compensation package. Musk, who offloaded over $20 billion in Tesla shares in 2022 to fund his acquisition of Twitter (now X), had been under increasing pressure to show renewed commitment to the company’s long-term future. Tesla Shares Snap Back. If Musk secures the full payout, he could own around 25% of Tesla, significantly consolidating his influence over board decisions, long-term strategy and product development. That level of control would make Tesla one of the most founder-led firms of its size in U.S. history.