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Shareholders Urged to Reject Musk's $56 Billion Tesla Pay Package

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Source: Jalopnik
Shareholders Urged to Reject Musk's $56 Billion Tesla Pay Package
Photo: Jalopnik
TL;DR

Tesla shareholders are being urged by proxy advisory firm Glass Lewis to reject a proposed $56 billion pay package for CEO Elon Musk, citing its excessive size and potential risks. The package, which was previously vetoed by a judge, is now up for a shareholder vote along with a proposal to move Tesla's base from Delaware to Texas. Concerns include Musk's numerous other commitments and the financial strain on the company.

Topics:business#advisory-firm#business#elon-musk#pay-package#shareholders#tesla
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  1. Tesla Shareholders Urged To Reject Elon Musk's $56 Billion Pay  Jalopnik
  2. Musk's Tesla pay package is 'excessive' and should be voted down, shareholder advocate says  Yahoo Finance
  3. Glass Lewis: Tesla shareholders should reject Musk's pay deal  Yahoo Finance
  4. Tesla Stock Drops as Glass Lewis Urges Shareholders to Reject Musk Pay Package  Barron's
  5. Tesla shareholders advised to reject Musk's $56 billion pay  CNBC

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