Negative
27Serious
Neutral
Optimistic
Positive
- Total News Sources
- 3
- Left
- 1
- Center
- 1
- Right
- 1
- Unrated
- 0
- Last Updated
- 6 hours ago
- Bias Distribution
- 33% Center


Tesla CEO Musk Condemns Proxy Firms Opposing $1 Trillion Pay Plan
Tesla CEO Elon Musk is facing opposition from proxy advisory firms Glass Lewis and Institutional Shareholder Services (ISS) over his proposed $1 trillion pay package, which would reward him if Tesla's market valuation reaches $8.5 trillion and achieves other ambitious milestones, including selling one million AI robots and operating one million self-driving robotaxis. Musk has strongly criticized these firms, calling them "corporate terrorists" and accusing them of making recommendations that do not align with shareholder interests, often influenced by political considerations. He defended the pay plan during Tesla's third-quarter earnings call, emphasizing his need for increased voting power—targeting about 25%—to maintain strong influence over Tesla without being unaccountable. Proxy firms have warned that the pay package could dilute shareholder stakes and grant Musk extraordinary compensation without guaranteed exceptional performance. Despite the controversy, Tesla continues to advance its Optimus robot project, which Musk describes as an "infinite money glitch" with the potential to significantly boost productivity. The shareholder vote on the compensation plan is set for November 6, with Musk and Tesla executives urging approval while facing scrutiny from investors and regulatory challenges.



- Total News Sources
- 3
- Left
- 1
- Center
- 1
- Right
- 1
- Unrated
- 0
- Last Updated
- 6 hours ago
- Bias Distribution
- 33% Center
Negative
27Serious
Neutral
Optimistic
Positive
Related Topics
Stay in the know
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Gift Subscriptions
The perfect gift for understanding
news from all angles.