Top Advisors Urge Rejection of Elon Musk's $56 Billion Tesla Pay Package
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.