Elon Musk's Future at Tesla
Tesla has warned that Elon Musk could step down as CEO if shareholders reject his proposed $1 trillion pay package.
The company's chair, Robyn Denholm, emphasized the importance of approving Musk's performance-based compensation, stating that it is
critical to retaining the CEO through 2032.
- Musk's leadership is seen as essential to Tesla's growth and ambitions in areas like artificial intelligence, autonomous driving, and robotics.
- The decision will be made at Tesla's annual meeting on November 6.
Denholm highlighted the risks of losing Musk's
time, talent, and visionif the pay package is not approved.
Author's summary: Elon Musk may leave Tesla if his pay plan is rejected.
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