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.
Tesla (TSLA) shareholders are bracing themselves for a crucial vote on June 13, which will determine the fate of Elon Musk's pay package. The pivotal decision is not without controversy, as the Glass Lewis shareholder advisory firm is rallying shareholders to vote against the proposed compensation plan. Yahoo Finance's Pras Subrmanian breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Tesla shareholders should reject Elon Musk's "excessive" $56 billion pay deal, proxy advisory firm Glass Lewis recommended.