Reported about 9 hours ago
Elon Musk could potentially leave Tesla if his proposed $1 trillion compensation plan is rejected, according to Chair Robyn Denholm, who highlighted the importance of Musk's leadership for the company’s success in a letter to shareholders. The plan aims to motivate Musk to lead Tesla for another seven-and-a-half years by linking stock options to ambitious performance targets. The board has faced criticism for its governance concerning Musk, and Denholm emphasized that aligning Musk’s incentives with long-term shareholder value is crucial for Tesla’s future.
Source: YAHOO