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.
According to Tesla's Chair, Robyn Denholm, approval of Musk's compensation is critical to retaining the CEO through 2032.
Musk's leadership 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.
- Tesla risks losing Musk’s “time, talent, and vision” without a properly structured plan.
Author's summary: Elon Musk may leave Tesla if his pay plan is rejected.