The board of Tesla Inc. (NASDAQ:TSLA) is struggling to maintain CEO Elon Musk's total commitment while he manages multiple ventures. It is attempting to reinstate Musk's record multibillion-dollar compensation package from 2018, which a Delaware judge overturned.
What Happened: Tesla Chair Robyn Denholm is trying to persuade shareholders to re-approve the record compensation package offered to Musk six years ago.
The package, now rescinded, was initially structured to ensure Musk's full commitment as Tesla's CEO.
Denholm is also working to convince shareholders that the compensation package, with its holding requirements, incentivizes Musk to continue propelling Tesla's growth, reported The Wall Street Journal.
However, the vote could also be interpreted as a measure of Tesla's dependency on Musk, particularly when he is not entirely devoted to the electric car manufacturer.
Musk, managing six companies, has become increasingly involved in controversial social and political matters, which are starting to impact Tesla's main business.
This has led the board to vie for Musk's attention, raising doubts about his dedication to Tesla.
The Delaware judge suggested that Musk's motivation should have come from his existing equity stake in Tesla, which would have gained over $10 billion for every $50 billion increase in market value.
Tesla contends that shareholders approved the plan, Musk fulfilled it, and he is the only one to receive what was promised.
Why It Matters: Denholm has made a video appeal to shareholders, emphasizing the importance of the vote for Tesla's future.
She argued that a single judge's ruling should not override the collective decision of Tesla's millions of owners.
Last month, several companies, including The Boring Company, under Musk billed each other approximately $9 million in expenses.
These inter-company transactions have raised serious questions about corporate governance.
This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
特斯拉公司（納斯達克股票代碼：TSLA）董事會正在努力維持首席執行官埃隆·馬斯克在管理多家企業期間的全部承諾。它正試圖恢復馬斯克自2018年以來創紀錄的數十億美元薪酬計劃，但特拉華州的一名法官推翻了該計劃。
發生了什麼：特斯拉董事長羅賓·登霍爾姆正試圖說服股東重新批准六年前向馬斯克提供的創紀錄的薪酬待遇。
該一攬子計劃現已被撤銷，最初的結構是爲了確保馬斯克作爲特斯拉首席執行官的全部承諾。
據《華爾街日報》報道，登霍爾姆還努力說服股東，一攬子薪酬計劃及其持股要求激勵馬斯克繼續推動特斯拉的增長。
但是，這次投票也可以解釋爲衡量特斯拉對馬斯克的依賴程度，尤其是在他並不完全致力於這家電動汽車製造商的時候。
管理着六家公司的馬斯克越來越多地參與有爭議的社會和政治事務，這些問題已開始影響特斯拉的主要業務。
這導致董事會爭奪馬斯克的注意力，引發了人們對他對特斯拉的奉獻精神的懷疑。
特拉華州法官表示，馬斯克的動機本應來自他在特斯拉的現有股權，市值每增加500億美元，特斯拉將獲得超過100億美元的收益。
特斯拉辯稱，股東批准了該計劃，馬斯克兌現了該計劃，他是唯一收到承諾的人。
爲何重要：登霍爾姆向股東製作了一段視頻呼籲，強調了投票對特斯拉未來的重要性。
她辯稱，單一法官的裁決不應推翻特斯拉數百萬車主的集體決定。
上個月，包括馬斯克領導下的The Boring Company在內的幾家公司向對方開具了約900萬美元的賬單。
這些公司間交易引發了對公司治理的嚴重質疑。
該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和出版。
