Tesla chairman urges shareholders to re-approve Musk's sky-high compensation plan
In a video posted on Friday, Tesla board chairman Robin Danholm urged shareholders to re-approve Musk's 2018 compensation plan. Danholm said in the video that this is “very important to the future of the company” and that Musk was fair to receive this reward. Under his leadership, Tesla's revenue grew from $11.8 billion to $96.8 billion, and turned losses of 2.2 billion US dollars into profits of 15 billion US dollars. Danholm said these landmark events increased Tesla's value from $53.7 billion to over $790 billion, and investors saw the value of their shares rise 1100
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