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 decision will be made at Tesla's annual meeting on November 6, amidst ongoing scrutiny over board independence and executive oversight.
- Musk's leadership is considered
critical
as Tesla pursues ambitions in artificial intelligence, autonomous driving, and robotics. - Without a properly structured plan, the company risks losing Musk's
time, talent, and vision
.
Author's summary: Elon Musk may leave Tesla if his pay plan is rejected.
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