Tesla Seeks Shareholder Nod for $29B Elon Musk Pay Amid AI Race

Tesla has asked shareholders to approve a $29 billion compensation package for CEO Elon Musk as the company faces an “AI talent war.” The proposal underscores Tesla’s priority to retain Musk’s leadership during a transformative period for the company, with AI playing a crucial role in autonomous driving, robotics, and manufacturing. The move comes as competition in AI innovation heats up, with rivals aggressively pursuing top technical talent worldwide.

Read more: TechCrunch

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