Tesla shareholders want to reject CEO Elon Musk's $46 billion compensation package

From Nasdaq 2024-05-21 15:31:06

Tesla (TSLA) shareholders are urging investors to reject CEO Elon Musk’s $46 billion compensation package, also calling for the removal of board members Kimbal Musk and James Murdoch. They cite Musk’s controversies and legal issues as tarnishing Tesla’s reputation, hindering long-term growth. Concerns over poor management oversight and a push to reinstate the pay package sparked criticism. Stockholders will vote on the changes on June 13.

Read more at Nasdaq.: Tesla Shareholders Urge Investors To Vote Against Musk’s Pay Package