Summary
Tesla Chair Robyn Denholm has warned that Elon Musk might leave the company if his proposed $1 trillion pay package is not approved by shareholders. This statement was made as Tesla's board faces criticism about its governance and Musk's influence. The pay package is meant to keep Musk with Tesla as it advances in AI and autonomous technology.
Key Facts
- Tesla Chair is Robyn Denholm.
- Denholm warned that CEO Elon Musk might leave Tesla if his pay package isn't approved.
- The proposed pay package is worth $1 trillion.
- The purpose of the pay package is to retain and motivate Musk for another seven years.
- The board faces criticism over its governance and Musk's influence.
- This is part of Tesla's efforts to expand in AI and autonomous technology.
- The announcement comes before Tesla's annual meeting on November 6.
