Proxy Firm Glass Lewis Is Against Elon Musk's Proposed $1 Trillion Tesla Pay Package

Glass Lewis, a proxy-advisory firm, said Elon Musk’s $1 trillion Tesla pay package "warrants significant shareholder concern." The pay package would give Musk the chance to receive 423 million shares, as long has met certain requirements. These requirements include 12 operational milestones and Tesla’s valuation rising to $8.5 trillion in 10 years.