Here’s how Tesla responded after shareholders were urged to reject Elon Musk’s $1T pay package

Source: New York Post

Tesla’s proposed $1 trillion pay package for CEO Elon Musk came under fresh scrutiny on Friday, with proxy adviser ISS urging shareholders to reject what might be the largest-ever compensation plan awarded to a company chief. This is the second consecutive year that Institutional Shareholder Services has urged investors to reject a compensation plan for Musk. Proxy advisers often sway major institutional investors, including the passive funds that hold large stakes in Tesla.