Elon Musk Slams Proxy Advisors as ‘Corporate Terrorists’ Over $1 Trillion Compensation Dispute
Elon Musk has launched a blistering attack against proxy advisory firms ISS and Glass Lewis, labeling them “corporate terrorists” for recommending shareholders reject his $1 trillion compensation package. The Tesla CEO claims these firms wield excessive influence despite having no actual ownership stake in companies.
Musk’s Explosive Earnings Call Comments
Elon Musk used the final minutes of Tesla’s Wednesday earnings call to deliver a scathing critique of proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis, reportedly calling them “corporate terrorists” for their opposition to his $1 trillion compensation package. According to sources familiar with the call, Musk expressed concerns about his future leadership role at Tesla given the influence these firms wield.
