CalSTRS Said To Vote Against Elon Musk's Pay Package
Portfolio Pulse from Benzinga Newsdesk
CalSTRS, the California State Teachers' Retirement System, has decided to vote against Elon Musk's pay package. This decision could influence other shareholders and impact Tesla's stock price.
June 10, 2024 | 2:41 pm
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CalSTRS, a significant institutional investor, has decided to vote against Elon Musk's pay package. This move could sway other shareholders and potentially impact Tesla's stock price negatively in the short term.
CalSTRS is a major institutional investor, and its decision to vote against Musk's pay package could influence other shareholders to follow suit. This could create negative sentiment around Tesla's governance and impact its stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100