Elon Musk's Future at Tesla
Tesla has warned that Elon Musk could step down as CEO if shareholders reject his $1 trillion pay package.
Chair Robyn Denholm emphasized the importance of approving Musk's performance-based 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, amid ongoing scrutiny over board independence and executive oversight.
- Musk's leadership is deemed
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: Musk's future at Tesla depends on shareholder approval of his pay package.
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