Musk May Quit Tesla As CEO If Trillion-Dollar Pay Deal Is Rejected | Firstpost America

2 days ago
13

Elon Musk could walk away as Tesla CEO if shareholders reject his proposed $1 trillion pay package, according to Tesla Chair Robyn Denholm. In a letter ahead of the November 6 annual meeting, Denholm called the vote “critical” for Tesla’s future, warning that losing Musk could threaten the company’s leadership in AI, robotics, and autonomous driving. The record-breaking pay plan offers Musk 12 stock tranches if Tesla hits ambitious milestones. Critics, however, accuse Tesla’s board of favouritism after a court struck down his 2018 deal. Will investors pay up to keep Musk at the wheel?

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Elon Musk | Tesla | CEO Pay | Trillion Dollar Deal | Robyn Denholm | Shareholder Vote | AI Leadership | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News

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