Learn more

A group of Tesla shareholders is urging investors to vote against a multi-billion-dollar share package for company boss Elon Musk, saying it was detrimental to the company’s best interests. The group, which includes New York City Comptroller Brad Lander, also appealed to investors to reject the reelection of board members including Musk’s brother and James Murdoch, a former executive at media company Twenty-First Century Fox. In the letter the group expressed concerns about Tesla’s lagging performance compared to competitors and the broader market, attributing it to Musk’s numerous projects an…

cuu