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.
According to Tesla's chair, Robyn Denholm, Musk's leadership is
criticalto the company's growth, particularly in areas like artificial intelligence, autonomous driving, and robotics.
- The proposed pay package is performance-based and aimed at retaining Musk through 2032.
- Denholm emphasized that without a properly structured plan, the company risks losing Musk's
time, talent, and vision
.
The decision will be made at Tesla's annual meeting on November 6, amidst ongoing scrutiny over board independence and executive oversight.
Author's summary: Elon Musk may leave Tesla if his pay plan is rejected.