Tesla’s biggest retail shareholder, Leo Koguan, confirmed that he is voting against Elon Musk’s $55 billion package and the re-election of two board members.
Koguan is the third largest individual shareholder in the company, but you could argue that he is the biggest Tesla investor as he invested more than anyone in the company: $3.5 billion.
In comparison, Musk’s net invesment in Tesla is now negative after he sold tens of billions of dollars worth of stocks to buy Twitter.