1. Proxy Firm Glass Lewis Opposes Tesla's Massive Stock Award To Musk

    Proxy Firm Glass Lewis Opposes Tesla's Massive Stock Award To Musk

    Influential proxy advisory firm Glass Lewis said Tesla Inc shareholders should vote against a proposal to grant Chief Executive Officer Elon Musk performance-based stock options worth about $2.62 billion. If Musk earned the full grant, he would own 28.3 percent of the company, although Tesla’s proxy statement showed that his ownership was expected to be lesser, Glass Lewis said in a report dated Feb. 28...

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    1. The cost of the grant is staggering relative to executive compensation levels among public companies worldwide.
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