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Tesla warns of leadership risk as shareholder vote on Musk’s pay looms
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Tesla cautioned shareholders that rejecting Musk’s record pay plan may disrupt leadership continuity and influence broader corporate-governance standards across U.
Tesla Chair Robyn Denholm told investors that rejecting Elon Musk’s proposed $1 trillion compensation package could jeopardize leadership stability. The company faces scrutiny over the size and governance of the award ahead of quarterly earnings. Proponents claim the payout aligns incentives with long-term growth milestones, while critics question concentration of power. Analysts said the vote outcome could reshape governance debates across U.S. tech firms. The message underscores Tesla’s dependence on Musk’s leadership as it expands autonomy and energy initiatives.