Tesla's Trillionaire Pay Deal: Board's Gamble

On November sixth, Tesla shareholders will vote on a controversial pay deal for Elon Musk, potentially making him the worlds first trillionaire. The board argues this is necessary to keep Musk motivated as Tesla expands into AI and robotics. However, major US pension funds express concerns, criticizing Musks overcommitment and the boards independence. The Delaware Supreme Court reviews a similar case, and the outcome could significantly impact Teslas future and executive pay landscape. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.