ISS Urges Tesla to Reject Musk’s $1tn Package

Proxy adviser ISS urged Tesla investors to vote down Elon Musk’s proposed $1tn pay package, citing its striking magnitude and a lack of binding safeguards to keep him focused as he juggles other ventures. The recommendation lands before the Nov 6 annual meeting, where the plan—tied to steep market, earnings and product milestones—faces a decisive vote. Tesla pushed back on X, saying ISS misses fundamentals and urging support. ISS also opposed director Ira Ehrenpreis’s re-election and a retail proposal for Tesla to invest in xAI.

Reviewed by JQJO team

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