Shareholder Rebellion Brewing: ISS Demands Rejection of Musk's Mega-Pay and xAI Investment

A critical battle is brewing on the eve of Tesla's annual shareholder meeting, as influential proxy advisor Institutional Shareholder Services (ISS) has issued a powerful directive: reject Elon Musk's colossal 2018 compensation package and a controversial proposal for potential investment in xAI.

This isn't just a recommendation; it's a stark warning to shareholders, urging them to prioritize corporate governance and financial prudence over what ISS labels as excessive and conflicted deals.

At the heart of the controversy lies Musk's 2018 compensation plan, initially valued at $56 billion but now considered a staggering $1 trillion by ISS due to Tesla's astronomical stock appreciation.

This package was famously voided by a Delaware court earlier this year, which deemed the approval process .