Reported about 6 hours ago
Tesla is urging shareholders to approve a staggering $1 trillion compensation plan for CEO Elon Musk, emphasizing his critical role in the company's future as it embraces AI and robotics. This controversial proposal comes amid discussions about the company's reliance on Musk's leadership, with some labor groups and advisory firms opposing the plan due to concerns over 'key person risk' and Musk's political alignment. The shareholder vote is set for this week, and the outcome could significantly impact Tesla's direction.
Source: YAHOO