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A 3rd proxy firm broke ranks on Elon Musk's $1 trillion Tesla pay plan — giving it a partial thumbs-up, with a catch
Business Insider· 2025-10-22 18:16
A third major proxy advisor has weighed in on Elon Musk's proposed $1 trillion Tesla pay package, giving it a partial thumbs up, but with some serious caveats. Egan-Jones Proxy Services said it would recommend shareholders vote for the 2025 CEO Performance Award, but only under its "Wealth-Focus Policy," which prioritizes shareholder returns and pay-for-performance alignment.Under all its other policy frameworks, including ones focused on environmental, social, and governance (ESG) principles and broader c ...