06 Oct 2025 | 3 Mins Read
Elon Musk's Tesla pay plan sparks investor unrest over $1 trillion
Flipitmoney
A letter, signed by prominent investors and state officials, opposes Tesla's $1 trillion pay package for Elon Musk, alleging the board's close ties to the CEO and lack of impartiality. Shareholders criticized Musk's government role and excessive compensation, with New York State Comptroller Thomas P DiNapoli voting against the package.