Advisory firms push Tesla investors to deny Musk 'excessive' $56bn pay packet

ISS, a leading proxy advisory firm, has become the second such company to advise Tesla investors to vote against a $56billion pay packet for CEO Elon Musk.

The advisory firm joins Glass Lewis, its major competitor, in calling for shareholders to veto the package, describing it as ‘excessive.’

The eye-watering compensation plan would be the biggest for any CEO in corporate America. READ MORE