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ISS recommends votes against 2018 pay plan of Tesla CEO Elon Musk
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ISS recommends votes against 2018 pay plan of Tesla CEO Elon Musk
May 30, 2024 7:25 PM

May 30 (Reuters) - Institutional Shareholder Services

recommended investors vote against ratifying the pay plan of

Tesla CEO Elon Musk at the electric carmaker's June 13

annual meeting, calling the award value "outsized."

In a report sent by a representative late on Thursday the

proxy adviser also recommends votes against Tesla director James

Murdoch, but recommended votes for director Kimbal Musk and for

the company's proposed move to change its state of incorporation

to Texas from Delaware.

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