Musk makes strong pitch for $1 trn pay plan

Elon Musk, the world’s richest person, spent the end of Tesla Inc’s earnings call pleading with investors to approve his $1 trillion pay package and blasting the shareholder advisory firms that have come out against the proposal.

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“There needs to be enough voting control to give a strong influence, but not so much that I can’t be fired if I go insane,” Musk said, interrupting his chief financial officer as the more than hour-long call wrapped up. Shareholders will vote on the pay package at Tesla’s November 6 annual meeting in Austin. Proxy advisers Institutional Shareholder Services and Glass Lewis have recommended that investors rejec