Tesla's $1 Trillion Pay Plan for Musk Faces Investor and Stakeholder Opposition
Tesla investors and state officials are urging shareholders to vote against Elon Musk's proposed $1 trillion compensation package, citing concerns over board ties to Musk, company performance, and Musk's divided attention due to multiple roles. The proposal aims to reward Musk if Tesla's market cap reaches $8.5 trillion in ten years, but critics argue it prioritizes Musk over shareholder interests.