Give Elon Musk $1 Trillion Pay Package Or Lose Him, Tesla Chair Warns Shareholders - Tesla (NASDAQ:TSLA)
Tesla Inc. (NASDAQ:TSLA) Chair Robyn Denholm has cautioned that CEO Elon Musk might step down if the board rejects his proposed $1 trillion pay package.Musk’s Incentives Tied To Shareholder ValuesDenholm, in a letter to shareholders on Monday, stressed the significance of Musk’s leadership and the potential consequences of not approving the proposed pay plan. The letter was issued just days before Tesla’s annual meeting on Nov. 6.The performance-linked compensation plan is designed to keep Musk in the role ...