The New Mexico State Investment Council has advised its proxy, Northern Trust Asset Management, to vote against Tesla’s (TSLA) proposed $1T pay package for CEO Elon Musk, Hannah Garcia of The Albuquerque Journal reports.
Claim 55% Off TipRanks
Trade TSLA with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Tesla’s China-made EV sales down 9.9% y/y in October, Reuters reports
- Tesla Loses Another Major Shareholder Vote on Musk’s $1 Trillion Pay Package
- Jim Cramer Reveals the Real Secret Behind the ‘Magnificent Seven’ Boom
- ‘The Big Vote Coming’: Daniel Ives Weighs In on Tesla Stock as Shareholders Decide Musk’s $1 Trillion Pay Package
- Tesla (TSLA) Reportedly Signs $2.1 Billion Battery Supply Deal