Tesla Shareholders Vote on Elon Musk's $56 Billion Pay Package and Relocation to Texas
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#dcbba812 ver:0.28
Tesla shareholders are voting on Elon Musk's $56 billion pay package, with some investors planning to vote against it. Proxy advisory firms Glass Lewis and ISS have recommended voting against the package, citing excessive size and lack of performance targets. Tesla board chair Robyn Denholm defends the package, arguing that it motivates Musk and that not paying him would be unfair. Norway's state fund, NBIM, will vote against the package, expressing concerns about its size and structure. Shareholders will also vote on Tesla's relocation to Texas. Musk is encouraging shareholders to vote in favor of the package and the relocation. #Tesla #ElonMusk #PayPackage #ShareholdersVote...
#newstr #Tesla #ElonMusk #CeoPayPackage #Shareholders #Compensation #Relocation #Texas
https://here.news/story/dcbba812?ver=0.28