Tesla Preparing Internal CEO Succession Plan as $1 Trillion Musk Compensation Package Faces Shareholder Vote

Oct 29, 2025 03:01 am CST

Tesla's board is identifying potential internal CEO successors should Elon Musk depart following the upcoming shareholder vote on his $1 trillion compensation package. Board Chair Robyn Denholm urges approval of the ambitious plan that includes stock options tied to reaching $8.5 trillion market cap and milestones in autonomous driving and robotics technologies.