Market Chatter: Tesla's Biggest Retail Shareholder to Vote Against Musk's $55 Billion Pay Package-February 2024-www.financetom.com

Market Chatter: Tesla's Biggest Retail Shareholder to Vote Against Musk's $55 Billion Pay Package

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Market Chatter: Tesla's Biggest Retail Shareholder to Vote Against Musk's $55 Billion Pay Package

Apr 19, 2024 10:48 AM

01:19 PM EDT, 04/19/2024 (MT Newswires) -- Tesla's (TSLA) largest retail shareholder, Leo Koguan, plans to vote against the company's proposed $55 billion compensation package for Chief Executive Officer Elon Musk, Electrek reported Friday, citing an interview with Koguan, founder of SHI International.

Koguan also plans to vote against the election of Kimbal Musk and James Murdock to the company's board, the report said.

Tesla and SHI International did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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