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2024-05-30 21:26:12

Flipboard Picks in Tech on Nostr: Tesla has issued a strongly worded letter to its shareholders, slamming the proxy ...

Tesla has issued a strongly worded letter to its shareholders, slamming the proxy advisory firm recommending investors reject Elon Musk’s compensation plan — which is valued as high as $56 billion.

Titled “What Glass Lewis Got Wrong About Tesla,” the letter claims that the firm “omits key considerations, uses faulty logic, and relies on speculation and hypotheticals,” reports Bloomberg.

Throw in some "unabashed cheerleading" of Musk as a leader, and you have to wonder just how much say the Tesla CEO had in the letter’s wording, says Futurism. Here’s more.

https://flip.it/beOFlV

#ElonMusk #Tesla #Tech
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