Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says

Core Viewpoint - Tesla's Board Chair Robyn Denholm advocates for CEO Elon Musk's nearly $1 trillion pay package, emphasizing his critical role in the company's future as it transitions beyond being merely a car manufacturer to focus on Full Self Driving and Optimus technology [1] Group 1: Shareholder Vote and Meeting - The shareholder vote on Musk's pay package and other proposals will close at 11:59 p.m. ET on November 5, with the annual meeting scheduled for November 6 [3] - Denholm's letter to shareholders highlights the potential loss of significant value for Tesla without Musk's leadership [1] Group 2: Opposition to Pay Package - Several groups, including unions and corporate watchdogs, have publicly opposed Musk's pay package, launching the "Take Back Tesla" website to voice their concerns [3] - Institutional Shareholder Services, a proxy advisor, has recommended against the pay package, indicating a lack of support from some investor groups [2]