Proxy adviser firm Glass Lewis weighed in on Tesla’s upcoming shareholder proposals, and once again said CEO Elon Musk’s pay package is a problem.Currently Musk's ownership stake in Tesla sits ...

Glass Lewis urges Tesla shareholders to block Elon Musk's $56 billion pay package Provided by Dow Jones May 28, 2024, 5:28:00 PM. By Louis Goss .

Glass Lewis challenges Tesla's massive $56 billion compensation plan for Elon Musk ahead of shareholder meeting. Proxy firm advises against Musk's pay deal, citing its excessive size and risk of ...

Proxy-advisory firm Glass Lewis has advised Tesla TSLA4.55%increase; green up pointing triangle shareholders to vote against Elon Musk’s multibillion-dollar pay package at the company’s ...

Last week the other prominent proxy advisory firm, Glass Lewis, also recommended against reinstating Musk’s 2018 compensation package. The firm said the package would dilute shareholder value by ...

Elon Musk arrives at an event in Los Angeles, April 13, 2024. A second shareholder advisory firm late Thursday, May 30, 2024, has come out against reinstating a pay package for Tesla CEO Elon Musk ...

Tesla TSLA-0.32%decrease; red down pointing triangle issued a scathing rebuttal to Glass Lewis after the proxy-advisory firm days earlier advised shareholders to vote against CEO Elon Musk’s ...

ISS late Thursday joined Glass Lewis in recommending against the package, recently valued by the company at $44.9 billion but in January had a value of about $56 billion.

Currently Musk's ownership stake in Tesla sits at 12.9%, but would balloon to 22.4% if the pay package is approved by shareholders, Glass Lewis said. Glass Lewis first raised concerns about Musk's ...

ISS late Thursday joined Glass Lewis in recommending against the package, recently valued by the company at $44.9 billion but in January had a value of about $56 billion.