Institutional Shareholder Services, one of the world's most influential proxy advisory firms, recommended that Tesla Inc. (NASDAQ: TSLA) shareholders vote against CEO Elon Musk's proposed compensation plan worth nearly $1 trillion.

Institutional Shareholder Services also counsels investors to oppose re-election of board member Ira Ehrenpreis

Proxy adviser Institutional Shareholder Services has advised Tesla shareholders to oppose the EV maker board's proposed $1 trillion pay package for Elon Musk, citing concerns over its magnitude and amid questions over the billionaire's focus on Tesla.

Tesla’s stock is climbing as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion.

So when proxy advisor firm Institutional Shareholder Services urged shareholders on Friday to vote ‘no’ on the pay package that could net Musk $1 trillion if he hits all the incentives, Tesla did not respond kindly.

A Brookline judge has dropped the case against a Boston man who was accused of tagging Tesla vehicles with Elon Musk stickers.

Musk, the man behind most of Tesla's stillborn plans, went on X, his social media platform, and immediately claimed the Reuters report wasn't true: Of course, Musk hasn't specified why the Reuters report isn't true.

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