In September, the board of electric car maker Tesla had proposed a package of one trillion dollars for the company’s CEO Elon Musk. Now the head of the company’s board has warned investors that if this package is not approved, Musk may leave the post of CEO of Tesla. Let us tell you that Tesla’s annual meeting is to be held on November 6. Before that, board chief Robyn Denholm has written this warning letter to investors.

This is a danger if the package is not approved

Denholm said that it is necessary to approve this package to encourage and keep Musk in office for the next 7.5 years. He said that Musk’s leadership is essential for Tesla’s success and if his package is not approved then the company may lose Musk’s time, talent and vision. Let us tell you that Musk has also defended this proposal. Recently, during a meeting with investors, Musk had said that this is necessary to secure the future of Tesla. He had said, “It is not that I will spend all the money. I should also be given enough voting control to have a strong influence, but it should not be so much that I cannot be fired if I do something crazy.”

Musk will become the first trillionaire if he gets the package

Tesla has set some targets for Musk to get a package of one trillion dollars. If he increases the market value of the company from the current $1.1 trillion to $8.5 trillion (8 times more than today and double the record of any company), then he will get this package. To get this package, she will have to remain the CEO of the company for at least 7.5 years. Apart from this, there will be deployment of 10 lakh autonomous taxis, 10 robots and the company’s profit will have to be increased by 24 times. On completing this target, Musk will get a package of one trillion dollars and he can become the world’s first trillionaire.

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