Tesla Close to Deciding on Musk's $1T Pay Package

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Tesla's $1 trillion pay package for Elon Musk is nearing a decision, with shareholders voting until midnight New York time. If the package fails, Musk may consider leaving or stepping down as an active executive, viewing it as a negative sign on his leadership. The outcome will be crucial for Musk's future at Tesla.

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Tesla's campaign to award its CEO Elon Musk a pay package is drawing to a close, and board chair Robyn Denholm hinted that Musk will likely leave or not be an active executive at Tesla if the measure fails, as he will see it as a negative sign on his leadership. Shareholders have until midnight New York time to decide the fate of Tesla's latest compensation plan, a pay package potentially worth $1 trillion. Co-host of 'Bloomberg Tech' Ed Ludlow joined Bailey Lipschultz and Norah Mulinda on 'Bloomberg Businessweek Daily' to break it down. (Source: Bloomberg)

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