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Shareholders and officials urge rejection of Musk’s $1T pay plan over performance and governance concerns.
A coalition of Tesla shareholders and state officials is urging investors to reject Elon Musk’s proposed $1 trillion pay package at the November annual meeting, citing poor performance, weak oversight, and overly aggressive goals.
They also called for removing three board directors.
Despite record vehicle deliveries, concerns persist over the expiring U.S. EV tax credit and governance issues.
Tesla maintains the plan ties Musk’s pay to shareholder value and requires strict performance milestones.
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Los accionistas y los funcionarios instan al rechazo del plan de pago de $ 1T de Musk por preocupaciones de rendimiento y gobernanza.