Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’

Tesla Shareholders proposed for CEO Elon Mask in November 10 years, 1 trillion dollar to vote in compensation package, chairman of the board Robin Denhlam speaks to the New York Times To defend what will be The largest pay package in corporate historyThe

Denhlam, who was also on the special committee that kept the compensation proposal together, argued that the musk needs to be inspired by the extraordinary challenges involved in extraordinary compensation. At the same time, he suggested that he was less interested in promising Tesla’s shares that would present the additional resources and much more resources in the voting power.

“I think it is actually a bit strange about the dollar when it comes to voting,” Denhlam said, who said the Times during interviews “sometimes described to be ease.”

It may seem opposed to offers such a huge pay package when Teslala Profit and Vehicle Sales ReduceHowever, Denhlam insisted that the plan is about “future performance”.

“It’s not about the performance of the past,” he said. “If he does not perform against the goals, he gets nothing.”

As mentioned earlier as TechCrunch, Package goals are less ambitious enough The musk has promised something about Tesla in the past.