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 his leadership is
"critical"to the company's growth and ambitions in artificial intelligence, autonomous driving, and robotics.
- The pay package is performance-based and worth $1 trillion.
- Approval of the package is critical to retaining Musk as CEO through 2032.
- Tesla's annual meeting is scheduled for November 6.
Denholm highlighted the risks of losing Musk's
"time, talent, and vision"if the package is not approved.
Author's summary: Elon Musk may leave Tesla if his pay plan is rejected.