Tesla’s board is negotiating a new pay deal for CEO Elon Musk, according to a published report, in what represents a challenge given that his personal involvement represents both positive and negative implications for the company.

Tesla is at a turning point as Musk, its largest shareholder with a 13per cent stake, shifts focus from a promised affordable EV platform to robotaxis and humanoid robots, positioning the company more as an AI and robotics firm than a traditional automaker.

Elon Musk has long been credited with turning Tesla into a beacon of innovation, the visionary who pushed the world into an era of electrification. But