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Elon Musk says in email that Tesla sent 'incorrectly low' severance packages to some laid-off employees
In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023. Tesla CEO Elon Musk sent an internal email on Wednesday, telling staffers that the company sent out some severance packages that were too low to a number of laid-off workers this week. In a proxy filing out Wednesday, Tesla asked shareholders to approve a CEO pay package for Musk that's equivalent to the record compensation plan the company previously granted him in 2018.
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