The stupidity of Tesla shareholders is sky high. Musk cannot leave Tesla, that's all his wealth and piggy bank. That's why he needs Tesla to finance the huge money burning machine called xAI - both X and xAI are making losses.

But it seems that getting stripped of investor rights like corporate governance (see the proposals that all got rejected by the Board and also voters) isn't enough for all incels holding the stock. No, they are looking forward to their stock holdings being heavily diluted when those awarded shares are being added.

Can't wait for the huge hit that Tesla's accounting will get as the "gift" has to hit their books soon.