As Tesla shareholders prepare to vote on Elon Musk’s proposed $1 trillion compensation package, opposition from labor unions and Democratic state officials is intensifying. Critics argue the plan would cement Musk’s control and reward unchecked power, while Republican-led pension funds, including Florida’s, have expressed support. Despite resistance from major proxy advisers and public pension leaders, observers say the deal is likely to pass given Musk’s strong retail investor base and loyal following.
See "Elon Musk's $1 trillion pay deal draws ire of labor unions, others as shareholder vote nears", Ross Kerber, Reuters, October 29, 2025