Shareholders and compensation consultants weigh in on Elon Musk's $1 trillion pay package after Tesla meeting
1. Tesla shareholders approved Musk's $1 trillion pay package contingent on performance metrics. 2. Large shareholders, including Norway's wealth fund, voted against the plan. 3. Musk must achieve high goals, including raising Tesla's market cap to $8.5 trillion. 4. Concerns raised over safety incentives in Musk's performance metrics for autonomy. 5. Tesla ran extensive campaigns to influence shareholder voting in Musk's favor.