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Shareholder Showdown: Norway’s $1 Trillion Wealth Fund Votes NO on Elon Musk’s Record Tesla Pay Deal

Shareholder Showdown: Norway’s $1 Trillion Wealth Fund Votes NO on Elon Musk’s Record Tesla Pay Deal

he debate over corporate pay has reached an unprecedented scale, as Norway’s massive sovereign wealth fund—one of Tesla’s largest investors—announced it will vote against CEO Elon Musk‘s new compensation package. The controversial award could be worth up to $1 trillion over the next decade, making it the largest executive compensation plan in history. The fund,…

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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

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

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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Tesla Faces U.S. Investigation Over Self-Driving Cars Breaking Traffic Laws

Tesla Faces U.S. Investigation Over Self-Driving Cars Breaking Traffic Laws

Tesla is under fresh scrutiny from U.S. regulators after reports that its self-driving cars have been caught committing traffic violations — including driving on the wrong side of the road and running red lights. The National Highway Traffic Safety Administration (NHTSA) confirmed that it has opened a preliminary evaluation into the company’s Full Self-Driving (Supervised)…

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