Tesla's chairman publicly calls on shareholders to ignore the opposition of voting advisory firms and support Musk's "largest" compensation plan in history
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Tesla's board chair Robyn Denholm urged shareholders to support Musk's compensation plan at the upcoming shareholder meeting, despite opposition from proxy advisory firms, unions, and corporate governance groups. The plan is based on Musk achieving high targets over the next 10 years, including raising the company's market value to $8.5 trillion, with a potential stock incentive of up to $1 trillion if achieved. Denholm emphasized that Tesla is different from traditional companies, and past advisor recommendations do not apply. The voting results will impact Tesla's future power structure and growth
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