Reported about 19 hours ago
Tesla is ready to appoint a new CEO from within the company if shareholders vote down Elon Musk's proposed $1 trillion pay package, according to board chair Robyn Denholm. With the shareholder vote approaching, there are concerns about Musk potentially stepping back from the company if the deal fails. The board is actively engaging with major investors to garner support for the unprecedented compensation plan, which is tied to significant company growth and innovation.
Source: YAHOO