Elon Musk's Future at Tesla
Tesla has warned that Elon Musk could leave the company if shareholders reject his proposed $1 trillion performance-based pay package.
Chair Robyn Denholm emphasized the importance of approving Musk's compensation, stating that it is
critical to retaining the CEO through 2032.
- The pay package is performance-based and worth $1 trillion.
- Tesla's annual meeting is scheduled for November 6.
- The company is pursuing ambitions in artificial intelligence, autonomous driving, and robotics.
Denholm highlighted Musk's
time, talent, and visionas essential to the company's growth and warned that losing him would be a significant risk.
Author's summary: Musk may leave Tesla if pay plan is rejected.
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