Top Advisors Urge Rejection of Elon Musk's $56 Billion Tesla Pay Package
TL;DR Summary
ISS, a leading proxy advisory firm, has recommended Tesla shareholders vote against CEO Elon Musk's $56 billion pay package, deeming it excessive. This follows a similar recommendation from Glass Lewis. The vote, scheduled for June 13, is seen as a referendum on Musk's leadership amid concerns about his focus and controversial comments. Tesla's board argues the compensation is necessary to ensure Musk prioritizes Tesla.
- Tesla investors advised to vote against Elon Musk’s ‘excessive’ $56bn CEO pay The Guardian
- Elon Musk Lobbies on X for His $46.5 Billion Tesla Pay Package The New York Times
- Top proxy advisor ISS recommends against Elon Musk's $56 billion Tesla pay package CNBC
- Top Proxy Firm Recommends Against Elon Musk's Tesla Pay Package The Wall Street Journal
- America's top pension fund to vote against Musk's $56 billion pay deal, CEO says MarketWatch
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