Tesla stands by Musk pay after ISS urges shareholders to reject package
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Tesla defends Musk's pay package after ISS tells shareholders to reject proposal
June 3, 2024 9:29 AM EDTTesla (NASDAQ: TSLA) defended CEO Elon Musk's $56 billion pay package on Monday, arguing that a new compensation plan would be even more costly, days after a proxy advisory firm, Institutional Shareholder Services (ISS), recommended that shareholders vote against the proposal.
The electric vehicle maker (EV) stated that Musk's compensationone of the largest in corporate... More
