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News  ›  Benzinga

Give Elon Musk $1 Trillion Pay Package Or Lose Him, Tesla Chair Warns Shareholders

Benzinga Logo Benzinga By Namrata Sen
Give Elon Musk $1 Trillion Pay Package Or Lose Him, Tesla Chair Warns Shareholders

Tesla Chair Robyn Denholm urged shareholders to approve Elon Musk's $1 trillion pay package, warning that rejecting it could lead to Musk stepping down as CEO. The performance-linked compensation plan aims to keep Musk at Tesla for at least seven and a half more years.

Insights
VZ   neutral

Limited growth potential due to market saturation, but offers a high forward-looking dividend yield of 7.1% and consistent annual dividend increases for 19 years


TSLA   neutral

The article presents a balanced view of Tesla's situation, highlighting both the potential risks of losing Musk and the board's efforts to retain him through a significant compensation package