Shareholders Urged to Reject Elon Musk's $56B Tesla Pay Package

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Source: Electrek.co
Shareholders Urged to Reject Elon Musk's $56B Tesla Pay Package
Photo: Electrek.co
TL;DR Summary

The debate over Elon Musk's Tesla compensation package intensifies as a major advisory firm recommends shareholders vote against it, while Musk's supporters use scare tactics to influence the vote. The board is pushing for a revote on Musk's 2018 compensation package and moving Tesla's incorporation to Texas, following a lawsuit loss in Delaware. Despite efforts, significant opposition remains, with concerns over governance and Musk's threats impacting shareholder decisions.

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