Tesla CEO Elon Musk is facing renewed opposition to his massive compensation plan after Glass Lewis, one of the world's leading proxy advisory firms, urged shareholders to vote against the company's proposed $1 trillion pay package.

The recommendation adds to mounting pressure on Tesla's board just weeks before its November 6 shareholder meeting.

The latest development follows a similar call from Institutional Shareholder Services (ISS), which also advised investors to reject the proposal, calling it excessive and misaligned with shareholder interests.

The move comes months after a Delaware court struck down Musk's earlier $56 billion pay package, saying the process that approved it was unfair, Reuters said.

In its report, Glass Lewis said the new pay plan could significantly r

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