Musk Could Leave Tesla If $1 Trillion Pay Plan Is Rejected, Chair Warns

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, on March 22, 2022. Patrick Pleul/Pool via Reuters10/30/2025|Updated: 10/30/2025Elon Musk could leave Tesla as CEO if his proposed $1 trillion pay package was not approved, Chair Robyn Denholm warned in a letter to shareholders on Monday.The appeal comes ahead of the November 6 annual meeting, with Tesla’s board having faced repeated criticism for not acting in shareholders’ best interests and governance experts and advocacy groups questioning its independence and oversight of Musk’s influence.Author’s Selected Articles