Workflow
Tesla shareholder criticizes Elon Musk's ‘ridiculous' $56bn pay deal ahead of vote
TeslaTesla(US:TSLA) The Guardian·2024-06-11 16:12

The manager of one of the largest pension funds in the US said it will vote against Elon Musk’s “ridiculous” pay deal as Tesla campaigns for its reinstatement.Shareholders in the electric carmaker are voting on the $56bn compensation package – the largest ever granted to an executive at a US-listed company – after it was thrown out by a Delaware judge earlier this year.Ahead of Tesla’s annual shareholders meeting Thursday, Chris Ailman, chief investment officer of the California State Teachers’ Retirement ...