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fromFortune
1 day ago

Tesla shareholders should reject Musk's $1 trillion pay package, ISS advises | Fortune

ISS urges shareholders to oppose Elon Musk's $1 trillion Tesla pay plan for being excessively large, poorly designed, and lacking safeguards to secure his focus.
fromTESLARATI
1 day ago

Tesla CEO Elon Musk's $1 trillion pay package hits first adversity from proxy firm

The pay package aims to lock in Musk to the CEO role at Tesla for the next decade, as it will only be paid in full if he is able to unlock each tranche based on company growth, which will reward shareholders. However, the sum is incredibly large and would give Musk the ability to become the first trillionaire in history, based on his holdings. This is precisely why ISS is advising shareholders to vote against the pay plan.
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