Tesla Board Warns: Approve $1 Trillion Musk Pay Package or Risk Losing CEO

TLDR Tesla Chair Robyn Denholm warned shareholders that Elon Musk could leave as CEO if his proposed $1 trillion pay package is rejected at the November 6 annual meeting The performance-based compensation plan requires Musk to hit ambitious targets including shipping 1 million Optimus robots and reaching an $8.5 trillion market cap by 2035 The [...]

The post Tesla Board Warns: Approve $1 Trillion Musk Pay Package or Risk Losing CEO appeared first on Blockonomi.