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International Business Times
International Business Times

Elon Musk's Historic Pay Deal Faces Fierce Pushback From Shareholders

Elon Musk Tesla Inc. United States Brad Lander Ira Ehrenpreis
Tesla, SpaceX and X CEO Elon Musk arrives for the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States.

A growing number of Tesla shareholders are pushing back against Elon Musk's massive $1 trillion pay plan, ahead of the company's important shareholder meeting in November.

The group opposing the package includes the SOC Investment Group and state leaders from Nevada, New Mexico, and Connecticut.

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