Part 4/9:
Stevenson remarks that many opposing Musk's pay are external investors, notably short sellers, who profit if Tesla's share price declines. These market actors aim to influence the stock price downward, ostensibly to buy back shares at a lower cost later, thereby increasing their profit.
This context suggests that opposition to Musk's compensation may be less about fairness and more about financial self-interest rooted in betting against Tesla's growth.