Elon Musk May Depart From Tesla If His $56 Billion Package Is Not Approved
Electric vehicle (EV) maker Tesla’s CEO, Elon Musk, may depart from the company if shareholders reject his proposed $56 billion pay package, according to the board’s chairwoman Robyn Denholm. Earlier in 2018, shareholders approved a unique deal stipulating that Musk would forgo a traditional salary, and instead receive compensation tied to Tesla’s growth and earnings…