Tesla TSLA-0.66%decrease; red down pointing triangle issued a scathing rebuttal to Glass Lewis after the proxy-advisory firm days earlier advised shareholders to vote against CEO Elon Musk’s ...

Glass Lewis urges Tesla shareholders to block Elon Musk’s $56 billion pay package Last Updated: May 28, 2024 at 1:28 p.m. ET First Published: May 28, 2024 at 5:03 a.m. ET Share ...

What Happened: Tesla's shareholders have been advised by a significant proxy advisory firm to reject a proposed $56 billion compensation package for Musk.. On Saturday, Glass Lewis & Co. issued a ...

Tesla shareholders should reject CEO Elon Musk's $56 billion pay package, according to proxy advisory firm Glass Lewis, which singled out the "excessive size" of the deal and its potentially ...

Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay ...

Tesla Inc. shareholders are being urged by a major proxy advisory firm to reject a proposed $56 billion pay package for Chief Executive Officer Elon Musk, in a blow to the electric-vehicle maker ...

Under the plan approved by investors in 2018, Musk's $55.8 billion pay package was contingent on Tesla's market cap reaching $650 billion, and certain revenue and profitability goals being achieved.

Two influential advisory firms have urged shareholders to vote against Elon Musk’s contentious $51 billion pay package and raised concerns about the CEO’s numerous side projects.

Some of Musk’s supporters say that despite the Delaware ruling, they see the 2018 pay package as a promise that Tesla should follow through on as long as Musk holds up his end of the bargain by ...

Tesla shareholders voted to reinstate CEO Elon Musk's $56 billion pay package that had been voided by a Delaware judge and also approved the reincorporation of the company in Texas.

Musk's pay package, the largest in corporate America, has no salary or cash bonus and sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years from 2018.