Tesla Chair Warns: Musk May Leave If Stimulus Package Is Not Approved

Robin Denholm, Chair of Tesla's Board, issued a clear warning to shareholders regarding Elon Musk's future in leading the company, noting that his continuation as CEO is contingent upon the approval of a massive stimulus package worth up to one trillion dollars.

The message, which preceded the upcoming shareholder meeting on November 26, clarified that the proposed plan is performance-based and aims to ensure Musk's commitment to leading Tesla for a minimum of seven and a half years.

Denholm emphasized that the absence of appropriate incentives could drive Musk to withdraw, posing a risk to the company's future given his "unique vision and exceptional energy."