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Tesla Mobilizes Retail Investors for Musk's $56 Billion Pay Package

The board hires a strategic adviser to secure shareholder approval amid job cuts and financial challenges.

  • Tesla's board has launched a campaign to rally retail investors to vote for Elon Musk's compensation package.
  • A dedicated Vote Tesla website encourages shareholders to participate through various methods.
  • The push comes after a Delaware judge vetoed the pay package, citing fiduciary concerns.
  • Tesla's financial performance has been under scrutiny, with significant job cuts and a drop in stock value.
  • Key investors and proxy advisory firms are expected to influence the outcome of the vote.
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