Reported 4 months ago
Tesla shareholders are gearing up for a critical vote on June 13 to determine the future of Elon Musk's $56 billion pay package. Glass Lewis is advising shareholders to vote against the proposed compensation plan, expressing concerns that it would dilute existing shareholders' stakes and elevate Musk to the top shareholder position, without adequate rationale from the board. The decision is anticipated to shed light on corporate governance issues within Tesla.
Source: YAHOO