Elon Musk could leave Tesla as CEO if his proposed $1 trillion pay package was not approved, Chair Robyn Denholm warned in a letter to shareholders on Monday.
Tesla chair Robyn Denholm has asked shareholders to approve Elon Musk's $1 trillion pay package. Denhold warned in a letter that Musk could leave if he doesn't get the package.
Tesla Board Chair Robyn Denholm asked shareholders to vote for CEO Elon Musk's nearly $1 trillion pay package. Denholm said Musk was key to the future of the EV maker as it focuses more on Full Self Driving and Optimus.
Tesla trades at yearly highs despite lackluster progress on the robotaxi opportunity, including several more months of supervised service in Austin. The electric vehicle business is no longer the main growth driver for TSLA, making Q3 results disappointing, though Tesla did deliver solid overall growth. TSLA's current rally is fueled by speculative optimism rather than fundamental improvements ...
Amazon now runs over 1 million robots across more than 300 facilities, and its new DeepFleet artificial intelligence (AI) model boosts fleet travel efficiency by roughly 10%. Tesla keeps showcasing Optimus, and targets a $20,000 to $30,000 price at scale, but those are targets, not current costs.
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