US EditionTesla board explores new pay deal for Elon Musk
- In April 2025, Tesla established a special committee tasked with evaluating new compensation arrangements for CEO Elon Musk after his 2018 pay package was invalidated by a Delaware court.
- The review follows a judge's January 2025 ruling that voided Musk's $56 billion 2018 package due to conflicts of interest and misrepresentation to shareholders.
- A special committee consisting of Tesla’s board leader Robyn Denholm and board member Kathleen Wilson-Thompson is evaluating the possibility of introducing a performance-based stock compensation plan for Elon Musk if his previous pay arrangement is not reinstated.
- Musk appealed the court decision starting March 11, 2025, while Tesla faces shareholder pressure amid declining EV sales and strategic shifts toward AI-driven robotaxis and humanoid robots.
- The committee's outcome could redefine Musk's compensation and leadership role, influencing Tesla's future as it advances global Robotaxi deployment and humanoid robot production.
30 Articles
30 Articles
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