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 the package to retain Musk as CEO through 2032, citing his critical role in the company's growth.
The leadership of Elon Musk is “critical” as Tesla pursues ambitions in artificial intelligence, autonomous driving, and robotics.
- The decision comes ahead of Tesla’s annual meeting on Nov. 6.
- The package is described as essential to retaining Musk for at least another seven-and-a-half years.
Author's summary: Elon Musk may leave Tesla if his pay plan is rejected.