Elon Musk's $1 trillion pay: Tesla responds to letter sent to shareholders
A coalition of Tesla shareholders, including state officials, is urging investors to reject Elon Musk's proposed $1 trillion compensation package and the re-election of three directors. They cite declining performance and lack of oversight as reasons. Tesla defends the plan, stating it aligns Musk's pay with shareholder value creation and highlights significant returns under his leadership.
A coalition of Tesla shareholders, including state officials, is urging investors to reject Elon Musk's proposed $1 trillion compensation package and the re-election of three directors. They cite declining performance and lack of oversight as reasons. Tesla defends the plan, stating it aligns Musk's pay with shareholder value creation and highlights significant returns under his leadership.
