Tell State Pensions: Reject Elon Musk’s $1 Trillion Pay Plan

Elon Musk just asked Tesla shareholders to hand him a $1 trillion pay package — the biggest in corporate history.

According to insiders, Musk hijacked Tesla’s latest earnings call to demand a deal that would make him wealthier than any CEO in modern history, even as Tesla’s profits fall and workers face layoffs.

It’s outrageous — and, as major shareholders, public pension funds hold the key to stopping it.

Tell state pension leaders: “Vote no on Elon Musk’s $1 trillion pay plan. Stand up for accountability, fairness, and shareholder rights.”

Proxy experts warn this deal is “unprecedented in scale” and completely detached from performance. Musk is trying to hijack Tesla for himself — and if public investors cave, it’ll send a dangerous message that greed wins over governance.

Major funds like CalPERS, CalSTRS, and the New York State Common Retirement Fund own billions in Tesla stock. That means our teachers, firefighters, and public workers could be forced to bankroll Musk’s trillion-dollar payday — unless they vote no.

When pension trustees hear from thousands of us, they listen — because they work for the public, not for billionaires.

Add your name now to tell CalPERS, CalSTRS, and the New York State Common Retirement Fund: Reject Elon Musk’s $1 trillion pay plan and protect public retirement savings from corporate greed.

The petition to state pension leaders reads: “Vote no on Elon Musk’s $1 trillion pay plan. Stand up for accountability, fairness, and shareholder rights.”