US EditionTesla’s Chair Says Only Musk Can Lead Company Through Next Phase
- On September 12, Tesla shares traded near $385 as the company proposed a record $1 trillion CEO compensation plan to retain Elon Musk.
- The plan responds to Musk's shifted focus toward politics and other ventures, while the board expressed concerns about possible distractions impacting Tesla.
- Tesla's targets include growing vehicle deliveries to 20 million, deploying one million robotaxis and humanoid robots, and raising cash profit from $50 billion to $400 billion.
- Board chair Robyn Denholm stated in a September 12 Bloomberg interview, "What he does from a political perspective... is up to him," while analyst Adam Jonas called the plan "a good deal for Tesla shareholders."
- Shareholders will vote on this plan at the November 6 annual meeting, which could shape Musk's leadership amid rising competition and softening demand.
19 Articles
19 Articles
Elon Musk's $1 Trillion Pay Package Is 'A Little Bit Weird' To Compare Monetarily, Says Tesla Board Chair: It's About 'Voting Influence' - BYD (OTC:BYDDF), BYD (OTC:BYDDY)
Tesla's board chair, Robyn Denholm, defended Elon Musk's $1 trillion compensation package, emphasizing its potential to drive unique performance despite recent sales struggles.
Business Insider
BizTocTesla board chair says Elon Musk being involved in things outside of the company 'actually helps Tesla'
Tesla chair Robyn Denholm.Photo by Alex Ellinghausen/Sydney Morning Herald via Getty ImagesTesla's board crafted a $1 trillion package to motivate CEO Elon Musk's performance.Tesla's chair, Robyn Denholm, says his ventures outside Tesla are beneficial to Tesla.The board and investors still have concerns over Musk's political involvement.At Tesla, a long list of extracurriculars seems to pay off.Tesla's chair, Robyn Denholm, appeared on "Bloomber…
Tesla Board Chair Defends Elon Musk’s Enormous Pay Proposal
Most executives who presided over sinking sales and profit and a new product that tanked would be looking for a new job. Elon Musk, the chief executive of Tesla, could instead receive the largest compensation package in corporate history. On Friday, the chair of Tesla’s board of directors defended the trillion-dollar compensation plan for Mr. Musk that the carmaker unveiled in a regulatory filing last week. In an hourlong interview with The New …
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