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With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package deal for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Occasions<\/a> to defend what can be the most important pay package deal in company historical past<\/a>.<\/p>\n Denholm, who was additionally on the particular committee that put the compensation proposal collectively, argued that Musk must be motivated by extraordinary challenges tied to extraordinary compensation. On the identical time, she advised he\u2019s much less within the extra wealth that the promised Tesla shares would characterize, and extra within the voting energy.<\/p>\n \u201cI feel it\u2019s a bit of bit bizarre speaking in regards to the {dollars} when it\u2019s truly the voting affect,\u201d mentioned Denholm, whom The Occasions described as \u201coften showing sick comfortable\u201d throughout the interview.<\/p>\n It may also appear counterintuitive to supply such an enormous pay package deal when Tesla\u2019s earnings and car gross sales are falling<\/a>, however Denholm insisted that the plan is about \u201cfuture efficiency.\u201d<\/p>\n \u201cIt\u2019s not about previous efficiency,\u201d she mentioned. \u201cHe will get nothing if he doesn\u2019t carry out in opposition to the targets.\u201d<\/p>\n