Benzinga·2025-11-06 06:27Core Viewpoint - Investor Ross Gerber criticizes Tesla's decision to run digital advertising campaigns promoting CEO Elon Musk's $900 billion compensation plan while the company struggles with declining car sales [1][2]. Group 1: Tesla's Advertising and Sales Performance - Tesla is reportedly spending money on advertising to promote Musk's pay package despite facing challenges in selling cars, particularly in key markets like Europe and China [2][3]. - The company's sales have been impacted by Musk's political involvement, which has allegedly cost Tesla close to 1 million car sales in the U.S. alone [4]. Group 2: Investor Reactions to Musk's Pay Package - There are divided opinions among investors regarding Musk's proposed compensation plan. Supporters like Cathie Wood and Michael Dell argue that the plan is tied to ambitious goals and could lead to significant shareholder value creation [5]. - Conversely, Norway's sovereign wealth fund, which holds a 1.12% stake in Tesla, has announced its opposition to the pay plan, citing concerns over the award's size, dilution, and key person risk [6]. Group 3: Tesla's Stock Performance - Ahead of the crucial vote on Musk's compensation, Tesla shares increased by 4.01% to close at $462.07, with a slight overnight rise of 0.11% [7].