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Future of Elon Musk and Tesla are on the line this week as shareholders vote on massive pay package

  • Elon Musk's $44.9 billion pay package at Tesla is up for a shareholder vote; rejection might lead him to shift AI research elsewhere or leave the company.
  • Approval of the compensation package would ensure Musk's continued presence at Tesla and focus on AI and autonomous vehicles.
  • Musk's threat to move AI development if his Tesla stake doesn't increase is based on recent funding received for xAI.
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Bias Distribution

  • 65% of the sources are Center
65% Center
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The Globe & Mail broke the news in Canada on Tuesday, June 11, 2024.
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