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Tesla Could Soon Be Without Elon Musk As CEO
News
Released
1 week ago
on
June 7, 2024
Tesla might quickly lack Elon Musk if investors do not consent to a big payment to Musk. The chairwoman of the Board of Directors, Robyn Denholm, cautions about this.
Tesla CEO and creator Elon Musk does not get an income for his work for Tesla however is paid a quantity once in awhile that is figured out based upon Tesla’s outcomes. As an outcome, he is now awaiting a quantity of no less than 51.5 billion euros. Formerly, he was likewise lawfully entitled to this, however a judge ruled previously this year that, from now on, investors need to authorize Musk’s payment. Robyn Denholm is now alerting those investors that they much better do that.
According to the Australian Drive,Denholm composes in an open letter to investors that a lot is at stake. Musk might simply leave, she recommends. According to her, it is for that reason ‘more vital than ever’ for investors to abide by the payment arrangement made with Musk. According to Denholm, Musk has “no scarcity of concepts and other locations where he can make a huge distinction worldwide.”
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See: Elon Musk Spotted On A Flight To China To Promote Autonomous Driving
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