Tesla Eyes Internal CEO Candidates If Musk Leaves Over $1 Trillion Pay Vote

Group 1 - Tesla is prepared to appoint a new CEO from within the company if shareholders reject Elon Musk's proposed $1 trillion pay package [1][2] - The compensation agreement could grant Musk a 25% stake if he meets specific growth milestones in Tesla's market value and its car, robotics, and robotaxi businesses [3] - Robyn Denholm emphasized that the discussions around Musk's pay package are focused on performance and company goals rather than just compensation [5] Group 2 - The shareholder vote on Musk's pay package is scheduled for November 6, and there is a need for a "get-out-the-vote" campaign due to the significant retail shareholder base, which constitutes about 30% of investors [6][8] - The board has been engaging with major institutional shareholders, including Vanguard Group, Blackrock Inc., and State Street Corp., as proxy advisers have recommended voting against the package [7] - To increase support, Tesla showcased its Optimus humanoid robot outside the Nasdaq stock exchange, distributing company-branded gummy candies to attract attention [8]