Tesla's board has formed a committee to evaluate Elon Musk's $56 billion pay package as the company undergoes strategic changes.
The committee, led by Tesla board Chair Robyn Denholm and director Kathleen Wilson-Thompson, may design a new stock options package for Musk if the 2018 one is not reinstated.
Elon Musk is challenging the rescinding of his 2018 compensation package, arguing legal errors, with the appeal ongoing since March 2025.
As Tesla shifts focus to AI and robotics initiatives, the pay package review reflects efforts to align Musk's compensation with the company's evolving goals and challenges.