Proxy Firms and Critics Challenge Elon Musk's $55 Billion Tesla Pay Package

1 min read
Source: The New York Times
Proxy Firms and Critics Challenge Elon Musk's $55 Billion Tesla Pay Package
Photo: The New York Times
TL;DR Summary

Elon Musk is actively using his social media platform, X, to lobby Tesla shareholders to approve a $46.5 billion pay package for him. He has posted multiple times, offering factory tours and sharing promotional content, while criticizing those who oppose the package. This comes after a Delaware judge voided the pay package in January, siding with a shareholder who claimed it was excessive.

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