Copyright malaysiakini
Tesla CEO Elon Musk may leave the company if shareholders don’t approve his nearly US$1 trillion pay package by the Nov 5 deadline, warned board chair Robyn Denholm in a letter.“[I]f we fail to foster an environment that motivates Elon to achieve great things through an equitable pay-for-performance plan, we run the risk that he gives up his executive position, and Tesla may lose his time, talent, and vision, which have been essential to delivering extraordinary shareholder returns,” the letter stated yesterday.Denholm also noted in the letter that without Musk...
