Tesla (TSLA) shareholders are trying to encourage others to vote against CEO Elon Musk’s $56 billion pay package, saying Musk is distracted by the other companies he is running like SpaceX and X. The group wrote to shareholders, “Tesla is suffering from a material governance failure which requires our urgent attention and action.” New York City Comptroller and one of the letter’s signatories, Brad Lander, joined Yahoo Finance Live to discuss the bigger problem with Tesla’s board governance on May 24, 2024.
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