Proxy advisor ISS urges Tesla shareholders to reject Elon Musk’s $56 billion compensation plan

ISS said the pay package, initially approved by shareholders in 2018, is not considered warranted. The opposition comes days after another prominent proxy adviser, Glass Lewis & Co., recommended investors vote down the Musk remuneration plan.

Proxy advisor ISS urges Tesla shareholders to reject Elon Musk’s $56 billion compensation plan
ISS said the pay package, initially approved by shareholders in 2018, is not considered warranted. The opposition comes days after another prominent proxy adviser, Glass Lewis & Co., recommended investors vote down the Musk remuneration plan.