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flag Shareholders and officials urge rejection of Musk’s $1T pay plan over performance and governance concerns.

flag 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. flag They also called for removing three board directors. flag Despite record vehicle deliveries, concerns persist over the expiring U.S. EV tax credit and governance issues. flag Tesla maintains the plan ties Musk’s pay to shareholder value and requires strict performance milestones.

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