Compensation Package Battle: Tesla Shareholders Fight Against Elon Musk’s $40 Billion Pay – Is it in Tesla’s Best Interest?
New York City, NY – A group of Tesla shareholders is urging fellow investors to vote against a proposed compensation package of over $40 billion for CEO Elon Musk. The shareholders argue that such a hefty pay package is not in the best interest of the electric vehicle company. Tesla has been facing challenges such as declining global sales, slowing demand for electric vehicles, an aging product lineup, and a significant drop in its stock …