I'm not sure if I'm doing the right math, but isn't 12% of Tesla worth around $60B?
Mark Zuckerberg's Facebook shares have more voting power than regular shares. It sounds like Musk wants a similar setup.
"Musk then went on to say that he would like a dual-class voting structure similar to the one at Facebook that gives CEO Mark Zuckerberg control of that company but which would be an illegal restructuring post-IPO."