Elon Musk Advocates for $1 Trillion Pay Package to Ensure Control Over Tesla's Robot Army

Reported about 5 hours ago

During Tesla's earnings call, CEO Elon Musk made a controversial appeal for a $1 trillion pay plan, emphasizing his need for strong influence over the company's future 'robot army.' He expressed concerns about potentially losing control if he proceeds with building the robots, stating that compensation should reflect the level of voting control he possesses. Musk criticized proxy adviser firms opposing his pay proposal and highlighted that shareholder approval is crucial for maintaining his role as CEO during a pivotal time for Tesla.

Source: YAHOO

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