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Robyn Denholm, who serves as the Chair of Tesla's Board of Directors, revealed that with just days to go before investors cast their pivotal votes on CEO Elon Musk's staggering $1 trillion compensation plan, it's still uncertain whether the endeavors to win over shareholder backing will bear fruit. On Tuesday, Denholm remarked that the majority of investors have a tendency to vote at the eleventh hour. Thus, it's premature to draw any conclusions at this stage, and the picture will gradually become clearer as the voting unfolds. Should the compensation plan be turned down and Musk makes good on his threat to resign or shift his focus elsewhere, Tesla is geared up to appoint a new CEO from among its internal ranks to facilitate a seamless transition. However, she didn't completely dismiss the prospect of considering an external candidate for the role.
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