Tesla board explores new pay deal for Elon Musk, FT reports

Reuters

Tue, May 13, 2025, 9:12 PM 1 min read

(Reuters) -Tesla's committee has formed a peculiar committee to research CEO Elon Musk's pay, which could pb to him being offered a caller bundle of banal options, the Financial Times reported connected Wednesday.

The two-member committee comprises Tesla committee Chair Robyn Denholm and autarkic committee subordinate Kathleen Wilson-Thompson, the paper reported, citing respective radical acquainted with the matter.

In March, Musk kicked disconnected an entreaty to effort to reconstruct his $56 cardinal payday from Tesla, claiming a little tribunal justice made aggregate ineligible errors successful rescinding the grounds compensation.

The committee volition besides research alternate ways to compensate Musk for his past enactment if Tesla fails to reinstate that 2018 wage woody done a tribunal entreaty this year, the FT said.

Tesla did not instantly respond to a Reuters petition for remark extracurricular regular concern hours.

(Reporting by Abinaya Vijayaraghavan; Editing by Savio D'Souza)