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Fortune
Fortune
Amanda Gerut

Investors clash over Elon Musk’s $46 billion pay package: 'The board has yet to ensure that Tesla has a full-time CEO'

Elon Musk (Credit: Photo by Antonio Masiello—Getty Images)

Tesla investors are lobbying to shoot down the largest moonshot compensation plan in history.

A group including the New York City pension funds filed a notice on Monday urging others to vote against Tesla CEO Elon Musk’s $46 billion stock-option package at the company’s shareholder meeting on June 13. New York City Comptroller Brad Lander, who serves as investment advisor to the city’s funds with $260 billion in assets, is marshaling the charge.

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