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Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says
TeslaTesla(US:TSLA) CNBCยท2025-10-27 12:07

Tesla Board Chair Robyn Denholm, in a letter Monday, asked shareholders to vote for CEO Elon Musk's nearly $1 trillion pay package ahead of the company's annual meeting.Denholm said Musk was key to the future of the EV maker as it moves beyond being "just another car company," with a bigger focus on Full Self Driving and Optimus."Without Elon, Tesla could lose significant value, as our company may no longer be valued for what we aim to become," Denholm wrote.Tune in at 8:30 a.m. ET as Board Chair Robyn Denh ...