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The question of whether or not
What preceded:
In the news:
- "Elon is not a typical chief executive and
Tesla is not a typical company," it reads. "So the typical way companies compensate key executives will not lead to results forTesla . Motivating someone like Elon requires something different." - And by "something different," Denholm is referring to that astronomical amount. Musk may well be looking for "other places." "What we recognized in 2018 and still recognize today is that Elon certainly doesn't have one thing: unlimited time," Denholm said.
Elon Musk's lack of time and especially attention span is notorious.Tesla employees complain bitterly about Musk's lack of attention to the car company. The CEO divides his time, simultaneously busy with social media platform X, artificial intelligence developer xAI and space companySpaceX , among others.
Superbonus for Musk doesn't actually seem to be a problem
To follow: Musk seems likely to get his way.
- By
June 13 , all shareholders must vote on the package for Musk. According to Denholm, "This is clearly not about the money." And shareholders seem to be following her lead. According to Reuters news agency, 25 percent of shareholders have already voted, 80 percent of whom voted to keep Musk's super bonus. -
Denholm's letter adds to the pressure: "Elon delivered on his promise and produced tremendous value for our shareholders. Keeping our commitment to Elon shows that we support his vision for
Tesla and recognize his extraordinary achievements." -
And so
Elon Musk remains a polarizing figure. Is he a genius who deserves to get a big bonus, or a world-weary man who stammers when he doesn't get his way? Shareholders seem to think the former.
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