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Tesla board prods shareholders to back Musk’s $1 trillion pay: Report

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Ahead of EV giant Tesla‘s annual shareholder meeting, the company board’s chair Robyn Denholm asked shareholders to vote in favour of CEO Elon Musk‘s nearly $1 trillion pay package.

Per a report by CNBC on Monday, Denholm wrote this in a letter supporting Musk’s vision for the future of the EV maker as it shifts focus to full self-driving and Optimus, Tesla’s humanoid robot designed to perform general tasks.

Further, she acknowledged that Tesla would lose significant value without Musk.

Tesla will hold the meeting on November 6 to discuss key…

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