Tesla Investors Urged to Vote ‘No’ on Musk’s Pay Package

Executive Compensation Concerns - Glass Lewis recommends voting against Tesla's compensation package due to shareholder dilution concerns [1] - Proxy advisors question the necessity of granting more control and issuing shares that dilute the existing shareholder base, considering the CEO's substantial stake in the company [2] Tesla's Defense - Tesla argues that Glass Lewis's recommendation is misguided and ignores the significant financial results achieved under Elon Musk's leadership [3] - Tesla compares its performance to other car companies, highlighting its distinctiveness, despite previously claiming to be more than just a car company [3][4] Performance Acknowledgment - The report acknowledges the returns Tesla has achieved under Musk's leadership [4]