"Without a doubt, the biggest issue on the bill at this year's Tesla Shareholder Meeting in November is that of the pay package that was proposed to CEO Elon Musk. As the Shareholder Meeting approaches, Tesla is urging those investors to vote in support of Musk's pay package. So far, the community has been overwhelmingly supportive of giving Musk his massive payday, which could give him $1 trillion in additional holdings if he completes each of the outlined performance tranches."
"Sorry, Tesla, some of us (and supposedly, ISS too) simply don't think that underperforming the S&P 500 this much is worth paying somebody 20 billion dollars worth of company value. As a fan, I love Tesla, I want it to succeed. As a shareholder, I don't want Tesla to over-pay for its CEO I strongly believe that the 2025 pay package proposal would over-pay for its CEO, and that other comp"
Tesla is pushing investors to approve Elon Musk's multiyear pay package ahead of the November shareholder meeting. The proposal could award Musk up to $1 trillion in additional holdings if all performance tranches are met. Most of the community has shown strong support for the package, but a minority of institutional and individual shareholders oppose it. Proxy adviser Institutional Shareholder Services recommended voting against the plan, calling it extraordinarily high and likely to limit the board's ability to adjust future pay. Critics argue the package could overpay the CEO and underdeliver versus the S&P 500 and inflation.
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