Wednesday, April 17, 2024
Will he?
Tesla's board wants to reinstitute Elon Musk's $56 million pay package and is asking shareholders to reapprove it. The unanswered question is whether Musk will pay close attention to the carmaker if he gets the largesse. Recent news reports have concluded that Musk has lost interest in Tesla. Its sales are dropping. It has no new models in the works. Other EV makers are quickly catching up. Tesla has started laying off workers. Tesla has competition for the first time. Will Musk take them on or scurry to the sidelines and watch his company go belly-up?.
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