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Tesla said that musk should be paid $ 1TN

Tesla said that musk should be paid $ 1TN
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Lily jamaliNorth America Technology Cellustent, San Francisco

Tesla said that musk should be paid $ 1TNTesla said that musk should be paid $ 1TNGetty Images

Ahead of Tesla’s annual general meeting (AGM) on Thursday there was a key message the electric car-maker car sharming at home: the boss is worth $ 1TN.

It took digital ads to make the case for Elon’s proposed Bumper Pay on Bumper, while VIotesela.com has a video of Rbyn Wilson-Thompson praising him.

It is not clear that everyone is singing from the same hyn sheet however, the AGM in Austin, Texas is set to be a political reference that makes him one of the greatest collective memory.

Musk himself brought x – which he owns – to raise the stakes even higher, saying that the fate of Tesla “affects the future of civilization.”

He also used his Megaphone social media to promote some high-profile deals, including DELD technologies Michael COOPHE COO COPHE COOTHE COO COO COO COPHE COOT, and his brother, who sits on the Tesla board.

“No one is far from my brother,” Kimbal said, invoking his brother’s leadership qualities.

“Thanks Bro ❤️,” answered the musk.

Not everyone agrees.

For some, the focus on musk and the soap opera surrounding its sustenance is symptomatic of how the car company – who saw the slide sales slide – lost under his leadership.

“What’s amazing for me is a company struggling with cars to spend money on advertising to sell a Pay Package, CEO of Gerber Kawasaki management and investment management.

Mr. Gerber pointed to his Tesla holdings in recent years — and pointed his criticism at the direction it was headed.

“[Tesla] We need to change the focus of the company back to the core – to sell EVs again,” he said.

The Trillion Dollar Man

Deal Tesla wants the sequels back not a single salary followed by twelve Zeroes.

Instead, it has set the target for Tesla’s market value at $8.5TN, up from $1.4TN at the time of writing.

He also had to oversee a huge boom in self-driving “Robotaxi” cars, getting a million of them into commercial operation – no small deal given their launch launch.

Do that, among meeting other benchmarks, and Musk was given 423.7 million new shares, which will be worth almost $ 1TN if the target valuation is reached.

Tesla did not respond to BBC requests for comment on its strategy to garner support from shareholders.

Of course, this is not the first controversy that Pay Pay and Tesla has become involved in.

In the past, Tesla got shareholders to double approve a PAY package for Mr Musk that was worth tens of thousands of dollars in Tesla’s market.

He met the milestone but, in 2024, a judgment in Delaware rejected the agreement On the grounds that Tesla’s board members are also personally and financially relieving the boss of the company.

Examined by Delaware Supreme Court

“The strategy is more of the same from Tesla, which is not to say that it is normal. Nothing about Tesla is normal,” Dorothy Lund, a professor at BBC News.

“They are not a poster child for good corporate governance.”

Professor Lund said take-over campaigns like this one sometimes happened when a company was worried. About an activist shareholder forcing meaningful changes in how it operates, such as on the board of directors.

“[But] I have never seen something like that happen in the context of a compensation decision,” said Professor Lund.

And unlike the vote on the first compensation package, Elon and Kimbal Musk will both pull out their push to reach the majority opening of the deal.

Mr Musk is already the world’s richest man, having become the first known half-trillionaire earlier this year.

Tesla said that musk should be paid $ 1TNTesla said that musk should be paid $ 1TNGetty Images

Anti-Musk and Tesla protests are taking place in cities across the US

A polarizing figure

Tesla’s argument in support of the Pay Package rests on the idea that Musk could leave the company if shareholders do not follow the board’s recommendation.

It says that it will not be lost on him, and that he is “one who possesses the leadership qualities necessary to … realize the long-term mission”.

In the video posted by VIETESLA.com, Ms Wilson-Thompson said the board went through a seven-month process using legal and compensation experts to make the compensation agreement.

On last month’s call, Musk downplayed the focus on payments, saying the real issue was making sure he had enough control to properly use TESLA.

But – aside from the question of whether the development of autonomous cars and humanoid robots, is setting the right course – there is also the boss’s work on the board.

“The Role of a Board is to have fiduciary responsibility to the shareholders and not advocate for a CEO,” said Yale School of Mathew Kotiko’s Kota Kotchen, an economics professor who co-authored a new study Trying to quantify the damage MR musk has done to Tesla later.

Clearly a number of key decision makers are inconsistent deals represent value for money.

Proxy Glass advisers Lewis and Institutional Shareholder Services (ISS), which advises asset managers, on how investors vote for investors, said the amount of pay is excessive.

Norway’s Sovereign Wealth Fund, the world’s largest sovereign wealth fund, follows the value of US public funds, Calling.

New York State Comptroller Thomas Dinapoli has Investing is encouraged To also reject the directors for re-election to the board, saying that they failed “to provide independent management and accountability.”

As some institutions Balk, that could leave Mr Musk more than a large number of sellers together – who tend to support him – to get what he wants.

It’s all the way, in The Morgan Stanley Analyst Talks Adam Jonas, that Thursday’s vote is set to be one of the “most important events” in Tesla’s history – with a “distinct possibility” the salary package will not pass.

It didn’t help Musk’s cause that protesters continued to organize anti-Tesla rallies after his controversial reshuffle of the Trump administration’s Tsar fell and burned in May.

“It’s hard for me to imagine Elon Mok, in the very near term, shaking off the damage he’s done to this brand,” Mr. Kotchen said.

Some would even say that TRACHERNEDIVERSHIYON’s incredible track record would make it unwise to bet against Him, even if the amount pegged is as high as $1TN.

“It’s hard to deny that the greatest personality in Elon Musk’s life has helped spark more interest and awareness for any other corporation in the time of Jessica Caldwell’s products.

“He’s become a more polarizing figure over time, but there’s a confidence in his ability to deliver bold, unconventional ideas,” he added.

Is the trillion dollar question now – will Tesla shareholders agree?

Tesla said that musk should be paid $ 1TNTesla said that musk should be paid $ 1TN

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