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Tag: exponentially

Tesla board to shareholders: Pay Musk or else

SummaryCEO Musk might quit if investors vote down $878 billion pay package this week, board saysMany shareholders believe only Musk can deliver on promises of robotaxis, robotsSome investors, experts warn of risks in staking Tesla’s future on one leader LOS ANGELES, Nov 5 (Reuters) Tesla’s (TSLA. O) opens new tab board of directors has pushed in all its chips on Elon Musk. Now investors must decide whether to back the biggest bet in company history. Shareholders will vote Thursday on the stark choice presented by the board: pay Musk up to $878 billion in company stock or take the.