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Elon Musk is not leaving Tesla
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Oct 27 (Reuters) - Elon Musk could leave Tesla (TSLA.O) as CEO if his proposed $1 trillion pay package was not approved, Chair Robyn Denholm warned in a letter to shareholders on Monday.
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In a positive sign for Republicans ahead of next year’s midterms, the president revealed he is back in touch with Musk.
Elon Musk and SpaceX are commemorating a major milestone in the commercial spaceflight company's satellite internet service, known as Starlink.
Denholm said the $1 trillion package is designed to retain and motivate Musk for at least another seven years.
The daughter of the tech billionaire had an interesting reply when one social media user asked her to do a video using her 'real voice.'
It's not the first time Tesla has pushed for a massive pay package for its CEO, but there are several differences between 2018 and 2025.
According to Steve Bannon, “This is why Trump picked Sean Duffy as interim head of NASA. When everyone was worshipping Elmo Musk, Duffy called him a liar to his face about laying off air traffic controllers. Now that Duffy’s in the room, SpaceX contracts are about to get real scrutiny.”