Tesla Shareholders Oppose Elon Musk's $1 Trillion Pay Package Amid Governance Concerns, EV Tax Credit Expiration

Tesla shareholders and state officials urged investors to reject Elon Musk’s $1 trillion pay package, citing poor oversight and loyalty concerns. The group also opposed re-electing key directors amid performance and demand risks. Supporters, including Morgan Stanley’s Adam Jonas, argue the plan rewards innovation in AI, robotics, and autonomy tied to shareholder value creation.