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ISS Urges Vote Against Musk’s $1 Trillion Tesla Pay Plan

ISS Urges Vote Against Musk’s $1 Trillion Tesla Pay Plan

Aisha Ajaz02 mins

The proxy advisory firm Institutional Shareholder Services (ISS) has recommended that investors vote against Elon Musk’s proposed ~$1 trillion pay package at Tesla, Inc.. ISS said the deal locks in “extraordinarily high pay opportunities” over the next decade and hampers Tesla’s board from adjusting future compensation.  The plan would grant Musk hundreds of millions of…

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ISS Urges Vote Against Musk’s $1 Trillion Tesla Pay Plan

ISS Urges Shareholders to Reject Tesla Inc. CEO Elon Musk’s $1 Trillion Pay Plan

Aisha Ajaz02 mins

A powerful proxy advisory firm, ISS (Institutional Shareholder Services), has advised Tesla investors to vote against Elon Musk’s proposed $1 trillion compensation plan. The recommendation comes ahead of a critical shareholder vote scheduled for November 6. The controversial plan would reward Musk if Tesla hits extremely aggressive performance targets, including: ISS says the package is…

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