Elon Musk may leave Tesla
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Here are the key Tesla shareholders backing Elon Musk's $1 trillion pay package — and who's against
Tesla shareholders have the power to potentially make Elon Musk the world's first trillionaire. Here's how some of them plan to vote.
Elon Musk may need a few extra dollars in his pockets as he's hinted at stepping down from the company if his $1trillion plan falls through.
Musk previously said he doesn't want to "build a robot army here and then [be] ousted because of some asinine recommendations from ISS and Glass Lewis."
Robyn Denholm said in a letter to shareholders that Musk stepping away could lead to Tesla losing "significant value."
Once again, Tesla chair Robyn Denholm pleaded with shareholders to approve CEO Elon Musk's unprecedented compensation package, one that could cost the company $1 trillion, with the threat of Musk leaving the company.
Denholm said the $1 trillion package is designed to retain and motivate Musk for at least another seven years.
Tesla's board chair, Robyn Denholm, has warned that CEO Elon Musk may not stay if shareholders don't vote to approve Musk's nearly $1 trillion payout.
Tesla is apparently open to making changes to the Cybercab to sell them in high volumes, but it's not clear if Elon Musk is on board.