As Tesla tanks, Musk’s hand-picked Australian chair is doing just fine
Robyn Denholm has reaped $682 million in cash and stock, which is being criticised as the shares plunge and investors question her oversight of the famous CEO.
Billionaire entrepreneur Elon Musk is drawing political flak as he champions right-wing causes in Europe and leads President Donald Trump’s slashing of the US federal workforce. The controversy is pummelling sales at Tesla, the electric vehicle giant Musk runs. Its stock has plunged – down 15 per cent on March 10 alone – and investors are yelping in pain.
Sixteen time zones away, the woman who ostensibly supervises chief executive Musk is faring well. Robyn Denholm, hand-picked by Musk to run Tesla’s board, is the best-paid chair at any public company in the US.
