Tesla shareholders are set to vote on CEO Elon Musk's astronomical $56 billion pay package. Uncertainty abounds on the outcome and potential repercussions if Musk doesn't receive approval.
Bernstein analyst Toni Sacconaghi predicts challenges in passing the compensation package due to the need for a majority vote and low shareholder participation. Proxy advisory firm Glass Lewis and California's pension fund have already recommended against it, citing excessive payouts.
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