PANews reported on October 27th that Tesla (TSLA.O) Board Chair Robin Denholm called on shareholders to vote on CEO Musk's nearly $1 trillion pay package in a letter Monday before the annual shareholder meeting. "If we fail to foster an environment that incentivizes Elon to achieve great things through a fair performance-based compensation plan, we risk his resignation as an executive and Tesla losing his time, talent, and vision, which are essential to delivering superior shareholder returns." Denholm stated that Musk is crucial to the company's future as Tesla strives to move beyond being just a car company and focus on fully autonomous driving and its humanoid robot, Optimus. Tesla's annual shareholder meeting is scheduled for November 6th, and shareholder voting will end at 11:59 PM EST on November 5th.PANews reported on October 27th that Tesla (TSLA.O) Board Chair Robin Denholm called on shareholders to vote on CEO Musk's nearly $1 trillion pay package in a letter Monday before the annual shareholder meeting. "If we fail to foster an environment that incentivizes Elon to achieve great things through a fair performance-based compensation plan, we risk his resignation as an executive and Tesla losing his time, talent, and vision, which are essential to delivering superior shareholder returns." Denholm stated that Musk is crucial to the company's future as Tesla strives to move beyond being just a car company and focus on fully autonomous driving and its humanoid robot, Optimus. Tesla's annual shareholder meeting is scheduled for November 6th, and shareholder voting will end at 11:59 PM EST on November 5th.
Tesla chairman urges shareholders to support Musk's trillion-dollar pay plan
2025/10/27 20:34
PANews reported on October 27th that Tesla (TSLA.O) Board Chair Robin Denholm called on shareholders to vote on CEO Musk's nearly $1 trillion pay package in a letter Monday before the annual shareholder meeting. "If we fail to foster an environment that incentivizes Elon to achieve great things through a fair performance-based compensation plan, we risk his resignation as an executive and Tesla losing his time, talent, and vision, which are essential to delivering superior shareholder returns." Denholm stated that Musk is crucial to the company's future as Tesla strives to move beyond being just a car company and focus on fully autonomous driving and its humanoid robot, Optimus. Tesla's annual shareholder meeting is scheduled for November 6th, and shareholder voting will end at 11:59 PM EST on November 5th.
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