Tesla board to shareholders: Pay Musk or else
- Posted on November 5, 2025
- By Yahoo News
- 3 Views
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.