Shareholders Urged to Reject Musk's $56 Billion Tesla Pay Package
TL;DR Summary
Tesla shareholders are being urged by proxy advisory firm Glass Lewis to reject a proposed $56 billion pay package for CEO Elon Musk, citing its excessive size and potential risks. The package, which was previously vetoed by a judge, is now up for a shareholder vote along with a proposal to move Tesla's base from Delaware to Texas. Concerns include Musk's numerous other commitments and the financial strain on the company.
- Tesla Shareholders Urged To Reject Elon Musk's $56 Billion Pay Jalopnik
- Musk's Tesla pay package is 'excessive' and should be voted down, shareholder advocate says Yahoo Finance
- Glass Lewis: Tesla shareholders should reject Musk's pay deal Yahoo Finance
- Tesla Stock Drops as Glass Lewis Urges Shareholders to Reject Musk Pay Package Barron's
- Tesla shareholders advised to reject Musk's $56 billion pay CNBC
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