Elon Musk calls firms opposing his $1trn pay package 'corporate terrorists'
The $1 trillion pay package would increase Elon Musk's Tesla stake to nearly 29% and faces opposition from major proxy advisors and unions ahead of the November vote.
- Elon Musk called major investor advice firms opposing his $1 trillion pay package from Tesla 'corporate terrorists'.
- Musk is continuing to lobby for the pay award, which would give him a greater say in the company if ambitious targets are met.
- Proxy advisory firms Institutional Shareholder Services and Glass Lewis recommended shareholders vote against approving Musk's new pay plan, citing concerns over excess and risk.
33 Articles
33 Articles
Elon Musk defends $1 trillion pay package: ‘I just don’t feel comfortable building a robot army here and then being ousted’
Tesla CEO Elon Musk warns “corporate terrorists” are trying to take away his $1 trillion pay package—and control over building out the company’s AI and robotic future.
Critics of $1 trillion payday for Elon Musk are ‘corporate terrorists,’ Tesla CEO says
Musk crashed the end of the latest Tesla earnings call to push for approval of his $1 trillion pay package, describing advice from advisory firms opposed to the move as "asinine."
Elon Musk says he needs $1 trillion to control Tesla’s ‘robot army’
Well, that’s not very subtle. In an earnings call last night, Tesla CEO Elon Musk said he needs more control over Tesla, as well as a pay package that could be worth nearly $1 trillion, in exchange for building a “robot army.” Otherwise, he could get ousted as CEO, and then, well, who would control the army? In a sense, Musk is asking Tesla’s shareholders to vote to approve an enormous payday to insure that he — and he alone — remains in control…
Elon Musk Makes Suspicious Remarks About His Robot Army
During Tesla’s third-quarter earnings call on Wednesday, CEO Elon Musk once again threatened investors that he would walk away if they didn’t agree to award him an astonishing $1 trillion payout. The unprecedented package, which shareholders are set to vote on next month, could make the already richest man in the world the first trillionaire over the next decade — providing, that is, that Tesla hits some astonishing metrics, including 20 million…
Elon Musk said he wants to stop ‘corporate terrorists’ from wresting control of Tesla
Elon Musk says he needs to build his stake in Tesla so much that he could become the world’s first trillionaire. But this week he said his aim wasn’t to increase his planet-leading wealth. Instead, Musk said the biggest pay package in history was necessary to protect his company.
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