Tesla(US:TSLA) Benzingaยท2025-10-05 07:41Group 1 - A group of Tesla shareholders, including SOC Investment Group and state officials from Nevada, New Mexico, and Connecticut, urged investors to vote against CEO Elon Musk's $1 trillion pay package at the upcoming November meeting [1] - The shareholder group criticized the board for excessive focus on retaining Musk and lack of proper oversight of company management, urging a vote against directors Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson [2] - Despite Tesla announcing record vehicle deliveries, the shareholder group highlighted concerns over weakening operational and financial indicators, particularly regarding the expiration of U.S. electric vehicle tax credits affecting demand [3] Group 2 - Morgan Stanley analyst Adam Jonas supported Musk's pay package, citing benefits for shareholders due to growth potential in robotics and self-driving technology, while contrasting views from Sen. Bernie Sanders and Pope Leo XIV criticized the deal as morally questionable and warned of income inequality [4] - Tesla defended Musk's performance-based pay plan, stating it is tied to shareholder value creation and emphasized that Musk receives nothing if results are not delivered [5]