Elon Musk May Leave Due to Salary Issues

Last month, the American electric vehicle manufacturer Tesla proposed a $1 trillion compensation package to its CEO Elon Musk, shocking the American business world. This plan aims to encourage Musk to continue leading Tesla and sets a series of ambitious goals.

According to a report by CNBC on October 27, Tesla's chairman, Robyn Denholm, is urging the company's shareholders to vote in favor of the $1 trillion compensation package. She warned that if the compensation plan is not approved, Tesla may face the risk of Musk leaving, which would cause significant losses for the company.

In a letter sent on the 27th, Denholm stated that Musk is a key figure for Tesla's future development. Tesla's positioning is not just "an ordinary automobile company," but will place more emphasis on the development of autonomous driving and the "Optimus" robot.

She warned in the letter: "If we fail to create an environment that can motivate Musk to continue achieving extraordinary results through a fair performance-based compensation plan, we may face the risk of Musk abandoning his position as CEO. Tesla may also lose his time, talent, and vision, which are key to providing high returns to shareholders."

Denholm said: "Without Musk, Tesla may lose a lot of value because our company may no longer be valued for its future goals."

Original: www.toutiao.com/article/1847185481791818/

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