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.
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.
- The pay package is considered essential to retaining Musk for at least another seven-and-a-half years.
- Musk's leadership is deemed
critical
as Tesla pursues ambitions in artificial intelligence, autonomous driving, and robotics.
Denholm warned that 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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