Strong opposition to Elon Musk's stratospheric compensation package

A group of Tesla shareholders, backed by several US politicians, is calling for the rejection of the historic $1 trillion compensation proposed for Elon Musk. The proposal, which will be put to a vote in November, has sparked heated controversy over the automaker's governance. The SOC Investment Group and the treasurers of Nevada, New Mexico, and Connecticut are denouncing a strategy aimed at retaining Musk "at all costs," even as Tesla experiences delays in its strategic objectives and a decline in its performance. The coalition also opposes the reappointment of three directors deemed to have failed in their supervisory role. READ MORE