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Tesla Chair Says Company Ready With Internal Successor If Musk Pay Plan Fails

2025-10-30 5 Dailymotion

Tesla Chair Robyn Denholm said the company is ready to appoint an internal successor if Elon Musk’s $1 trillion pay package is rejected and he steps down. The board is lobbying investors ahead of the November 6th vote as proxy firms urge opposition. The package could give Musk up to a 25% stake tied to performance milestones.