New Delhi, Aug. 4 -- In a recent statement shared on X, Elon Musk confirmed that he has no personal loans taken against Tesla as some had suspected, while reiterating his anxieties about being ousted by activist shareholders. The billionaire expressed optimism that these concerns would be addressed at the forthcoming shareholders' meeting.

IT may be noted that Tesla has granted 96 million new shares worth about $29 billion to CEO Elon Musk, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his original pay deal for being unfair to shareholders.

Elon Musk, the CEO of Tesla, expressed concerns about potentially losing control of the electric vehicle giant due to the influence of activ...