Reject Elon Musk’s ‘Excessive’ Pay Package, Proxy Advisor Urges Tesla Shareholders

Glass Lewis, a proxy advisory firm, has urged Tesla (Nasdaq: TSLA) shareholders to reject a proposed $56 billion pay package for CEO Elon Musk. If approved, this would be the largest CEO pay package in corporate America.  The firm cited several reasons for its recommendation, including the “excessive size” of the deal, its dilutive effect, … Continue reading Reject Elon Musk’s ‘Excessive’ Pay Package, Proxy Advisor Urges Tesla Shareholders