Tesla board to shareholders: Pay Musk or else

  • Posted on November 5, 2025
  • By Yahoo News
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Tesla board to shareholders: Pay Musk or else

LOS ANGELES (Reuters) -Tesla's board of directors has pushed in all its chips on Elon Musk. Shareholders will vote Thursday on the stark choice presented by the board: pay Musk up to $878 billion in company stock or take the risk he will leave – potentially driving down the company’s stock. The board and many investors argue that only Musk can deliver on his promises to transform Tesla into an artificial-intelligence juggernaut delivering millions of self-driving robotaxis and humanoid robots.
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