CalPERS Opposes Musk's Compensation Plan in Historic Vote

Wednesday, 12 June 2024, 16:35

CalPERS, one of Tesla's significant shareholders, has joined the growing dissent against Elon Musk's pay package. The decision marks a significant development in the ongoing shareholder activism within Tesla. The vote highlights increasing scrutiny on executive compensation practices in the corporate world.
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CalPERS Opposes Musk's Compensation Plan in Historic Vote

CalPERS Takes a Stand

CalPERS, a key Tesla investor, cast a historic vote against Elon Musk's compensation plan. The move underscores growing concerns over executive pay practices.

Significant Shareholder Dissent

  • CalPERS: Shows its disapproval through the vote

Corporate Scrutiny

  1. Increased attention: Focus on executive compensation practices

The decision by CalPERS to oppose Musk's pay package signifies a critical step in the ongoing debate on corporate governance and accountability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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