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Tesla Shareholders Should Reject Musk’s $1 Trillion Pay Package, ISS Advises

Elon Musk

Photographer: Chip Somodevilla/Getty Images

Tesla Inc. shareholders are being urged by proxy adviser Institutional Shareholder Services to vote against Chief Executive Officer Elon Musk’s $1 trillion compensation plan, adding a potential obstacle as the board works to rally investor support.

This marks the second year in a row that ISS urged shareholdersBloomberg Terminal to vote against a pay package for Musk.