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Elon Musk calls firms opposing his $1trn pay package 'corporate terrorists'
The $1 trillion pay package would increase Elon Musk's Tesla stake to nearly 29% and faces opposition from major proxy advisors and unions ahead of the November vote.
- Elon Musk called major investor advice firms opposing his $1 trillion pay package from Tesla 'corporate terrorists'.
- Musk is continuing to lobby for the pay award, which would give him a greater say in the company if ambitious targets are met.
- Proxy advisory firms Institutional Shareholder Services and Glass Lewis recommended shareholders vote against approving Musk's new pay plan, citing concerns over excess and risk.
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Musk calls proxy advisors 'corporate terrorists' after they criticized his pay package
As Tesla's third-quarter earnings call came to a close, CFO Vaibhav Taneja asked investors to vote in favor of Tesla proposals that will be laid before them on Nov. 6, including Elon Musk's $1 trillion compensation package. The CEO then explained his desire for more control of Tesla, before blasting
·United States
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Elon Musk Calls Proxy Advisor Firms Opposing His Trillion-Dollar Pay 'Corporate Terrorists,' Accuses Them Of Voting On 'Random Political Lines' - Tesla (NASDAQ:TSLA)
Tesla CEO Elon Musk calls proxy firms ISS and Glass Lewis 'corporate terrorists' for opposing his $1 trillion pay package.
·New York, United States
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Elon Musk pressured Tesla's shareholders again to approve their mega-package of equity remuneration valued at a...
·Madrid, Spain
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Coverage Details
Total News Sources25
Leaning Left7Leaning Right3Center6Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 37%
R 19%
Factuality
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