John — Brad Lander is holding Elon Musk accountable.
On behalf of New York City pension funds, Brad is urging Tesla shareholders to vote AGAINST the instatement of Musk's family members to board leadership and AGAINST the ratification of a $56 billion payout to Elon Musk.
We’ll explain more below, but first, can you chip in now to help Brad continue protecting the retirement security of 800,000 current and future City retirees?
Tesla has a serious corporate governance problem, John.
Elon Musk is putting his members in positions of power and treating the company like his own personal piggy bank. He’s pushing to award himself a $56 billion pay package and re-elect his brother and bestie as board directors: Kimbal Musk (his brother) and James Murdoch (son of Rupert Murdoch, one of the world's biggest climate change deniers).
This poses a reputational risk to Tesla and, as a result, financial risk to shareholders. After all, New York City’s pension funds hold 3.7 million shares of Tesla worth $649 million.
Tesla is a publicly traded business, not a family business. That’s why Brad is urging shareholders on behalf of NYC pension funds to vote against Musk and Murdoch, and against Elon’s pay package, at Tesla’s annual meeting next week.
Help Brad fight for corporate accountability. Will you donate just $10 or more to take on Elon Musk?
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Thank you,
Team Lander