CalSTRS opposes Tesla CEO Elon Musk's $56 billion pay package, citing unfairness in comparison to average worker pay.
CalSTRS Chief Investment Officer criticizes Tesla's overvaluation, stating the stock is not worth 60 times earnings, overlooking the company's involvement in sustainable energy and AI.
Ailman emphasizes Musk should concentrate on Tesla's core businesses like cars and energy, insinuating he is too involved in non-related ventures.
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