Elon Musk's $55 Billion Tesla Compensation Package Under Scrutiny
Tesla's largest investor, CalPERS, has expressed concerns over #Elon Musk's $55 billion
compensation agreement with the company.
CalPERS #CEO Marcie Frost stated that they will attempt to block the implementation of the agreement, citing a lack of sufficient #growth alignment between the package and the company's performance.
This #development follows a previous court ruling that invalidated the 2018 agreement, which granted #Musk shares upon meeting certain sales targets. Other investors have also expressed similar concerns, casting uncertainty over the agreement's future.