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 warned in a letter that the approval of Musk's compensation is critical to retaining the CEO through 2032, highlighting his critical role in the company's growth.
His 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.
- The company 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.