Tesla Shareholder Ron Baron Backs Elon Musk's $56 Billion Compensation Plan

Baron argues Musk's relentless drive is essential for Tesla's success as shareholders prepare to vote on the contested pay package.

Ron Baron, a major Tesla investor, supports Musk's controversial compensation package in an open letter.
The $56 billion pay deal, initially approved in 2018, was invalidated by a Delaware judge citing a flawed approval process.
Tesla's board has resubmitted the package for a shareholder vote on June 13.
Opponents argue the package is excessive and lacks proper governance, with some calling for a full-time CEO.
Baron contends that without Musk, Tesla's achievements would not have been possible.