Glass Lewis advises Tesla shareholders to reject Elon Musk's $56B compensation package.

Glass Lewis advises Tesla shareholders to reject Elon Musk's $56B compensation package, citing the "excessive" dilutive impact. The electric car company's annual shareholder meeting on June 13 will allow participants to vote on the stock option awards package. Delaware Judge Kathaleen McCormick voided the package in January after a shareholder lawsuit claimed it was unduly approved.

May 25, 2024
3 Articles