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  • The Independent

    Elon Musk sees another big advisory firm come out against his multibillion dollar pay package

    by Tom Krisher May 31, 2024 3 minutes
    Source: Copyright 2020 The Associated Press. All rights reserved.

    A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge.

    ISS late Thursday joined Glass Lewis in recommending against the package, recently valued by the company at $44.9 billion but in January had a value of about $56 billion.

    Shareholders of the electric vehicle and solar panel company are voting on the package, with the results to be tabulated at Tesla's June 13 annual meeting.

    ISS said

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