ISS challenges Tesla’s $1 trillion Musk compensation proposal

Tesla’s proposed $1 trillion compensation plan for CEO Elon Musk is facing renewed scrutiny after proxy advisory firm Institutional Shareholder Services (ISS) urged investors to vote against it. The recommendation, issued Friday, adds pressure ahead of Tesla’s Nov. 6 shareholder meeting and intensifies debate over what could become the largest executive pay package in corporate history.

ISS cited the “astronomical” size and design of the stock-based award, which could still grant Musk tens of billions of dollars even if many of its ambitious goals are not fully met. The proposal includes milestones that would boost Tesla’s market capitalization to $8.5 trillion and require the delivery of 20 million vehicles, one million robotaxis, and $400 billion in adjusted core earnings over the next decade. READ MORE