German Manager Magazin: Elon Musk: Investor group wants salary package of a trillion dollar at Tesla Kippen004458

A group of TeslaShareholders around the SOC Investment Group asked investors in a letter to have a trillion dollar pay package for company boss at the Annual General Meeting in November in November Elon Musk (54). This emerges from a stock exchange document published on Thursday.

The group, which also includes the finance ministers of several US states, also calls for the description of the directors IRA Honorary Award, Joe Gebbia (44) and Kathleen Wilson-Thompson. The investors named investors a falling operational and financial performance as well as a lack of supervision of Tesla management.

Tesla then explained on platform X, the “performance incentive plan” brought Musk’s remuneration with the creation of a company value “in the amount of trillion dollars”. “If Elon Musk does not provide any results, he doesn’t get anything,” said the company.

Private assets of more than $ 500 billion

The Tesla Board of Directors had proposed the new remuneration package for Musk last month. The package could bring him Tesla shares worth up to a trillion dollar. According to the magazine “Forbes”, Tesla boss Elon Musk comes As the first person in the world on a fortune of $ 500 billion.

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