Musk discussed his compensation at the end of the call. (Image source: Elon Musk/X) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Tesla CEO Elon Musk lashed out at two investor advisory groups after they opposed his proposed pay package of $1 trillion (about Rs 87,82,000 crore). During the company’s earnings call, Musk labelled the firms “corporate terrorists”. Earlier, one of the firms had expressed “unmitigated concerns” about the pay package.

According to Bloomberg, Musk addressed his proposed $1 trillion compensation plan towards the conclusion of Tesla’s earnings call. He defended it while sharply criticising the proxy advisory firms that have come out against it. He explained that holding roughly “mid-20s” percent of the company’s voting rights was necessary for h

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