Tesla Chair Defends Elon Musk’s $1T Pay Package Debate

Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird.’

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Tesla Chair Defends Elon Musk’s $1T Pay Package Debate

Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’ Tesla board chair Robyn Denholm recently made headlines after addressing shareholder concerns about Elon Musk’s unprecedented compensation deal. With Tesla shareholders set to vote on a proposed $1 trillion pay package for CEO Elon Musk in November , Denholm defended the controversial move, calling the debate “a little bit weird.” Image Credits:ROBIN LEGRAND/AFP / Getty Images Why the $1T Pay Package Is Making Waves The proposal would grant Musk what could become the largest pay package in corporate history. Critics argue the deal raises questions about excessive executive compensation, especially at a time when Tesla faces intense competition and operational challenges. Supporters, however, say Musk’s leadership has been instrumental in Tesla’s rise and that extraordinary results require extraordinary rewards. Denholm’s Take: Motivation Beyond Money Denholm, who served on the special committee that designed …

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