Reported about 7 hours ago
Tesla's board, led by chair Robyn Denholm, is advocating for a significant new pay package for CEO Elon Musk, potentially worth $1 trillion, to keep him focused on the company during a period of declining vehicle sales and mixed project performances. Denholm is actively engaging with investors ahead of an important vote while addressing concerns about Musk's involvement in other ventures and the implications for Tesla's future. Despite investor fatigue over Musk's previous compensation plans, Denholm argues that his leadership is crucial for Tesla's transformation and success.
Source: YAHOO