A coalition of Tesla shareholders and state officials has come together to urge investors to reject Elon Musk’s proposed $1 trillion pay package.
This significant appeal is set ahead of the company’s upcoming November meeting, where the compensation plan will be put to a vote.
The coalition argues that such an enormous pay package raises concerns about corporate governance and the alignment of executive rewards with company performance.
Investors are encouraged to carefully consider the implications of approving this unprecedented compensation proposal.
https://www.newsbytesapp.com/news/business/tesla-shareholders-state-officials-push-to-reject-musk-s-1t-pay/story
