Tesla Shareholders Face Critical Vote on Elon Musk's $56 Billion Pay Package
Major proxy advisory firm Glass Lewis urges rejection, citing excessive size and dilutive effect of the compensation deal.
- Shareholder vote follows Delaware judge's ruling that the pay package was improperly awarded.
- Tesla's board and Musk supporters launch campaigns to sway votes ahead of June 13 meeting.
- Critics argue the pay deal undermines corporate governance and transparency.
- Musk has hinted at focusing on ventures outside Tesla if the package is rejected.
- The outcome may influence Tesla's legal strategy and investor confidence in Musk.