The proxy firm’s recommendation was part of broader voting guidance it issued Friday. (Source: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

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 shareholders to vote against a pay package for Musk.

“While it is recognized that the board seeks to retain Musk due to his track record and vision for Tesla’s future, and further that some shareholders may support this award in light of Musk’s successes in achieving growth of the company, there are unmitigated concerns surro

See Full Page