(Reuters) -Proxy firm Glass Lewis has recommended that Tesla shareholders vote against the proposed $1 trillion pay package for CEO Elon Musk, days after ISS also urged investors to reject what might be the largest-ever compensation plan awarded to a company chief.

The Glass Lewis recommendation adds further pressure to Tesla’s board, ahead of a closely watched shareholder meeting on November 6 and renews scrutiny of Musk’s compensation after a Delaware court earlier voided his $56 billion pay package.

“Glass Lewis has followed ISS and issued another misguided recommendation that again disregards the fundamental purpose of public companies and who they serve – the shareholders,” Tesla said in a post on X.

Glass Lewis said the potential dilution to shareholders and other terms of the pro

See Full Page