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Dubai News Club > Tech > Tesla CEO Elon Musk could leave if $56 billion pay package not approved, shareholders warned
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Tesla CEO Elon Musk could leave if $56 billion pay package not approved, shareholders warned

Press Room
Last updated: 2024/06/06
Press Room
Published: June 6, 2024
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Tesla board chair Robyn Denholm is calling on the company’s shareholders to approve Elon Musk’s massive $56 billion pay package or risk driving the billionaire CEO to greener pastures.

On June 13th, Tesla shareholders will decide the fate of Musk’s compensation package, which is estimated to be worth as much as $56 billion. It will be the second time that shareholders will vote on the CEO’s pay, after a Delaware judge voided the first one earlier this year on the grounds that the…

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