John,

Elon Musk’s political activities have damaged Tesla’s brand and distracted him from leadership at Tesla. Yet Tesla’s Board of Directors has done nothing to hold him accountable.

Worse, they’re actually helping Musk. After a judge invalidated Musk’s outrageous $56 billion compensation plan last year, they awarded him an “interim” pay package valued, at the time it was granted, at roughly $29 billion – without seeking shareholder approval.

And now, the cherry on top of the cake, Tesla is proposing a new compensation plan for Musk – one that could make him the world's first TRILLIONAIRE.

But we have a plan to stop Musk. State pension funds across the country hold millions of shares of Tesla stock worth tens of billions of dollars. And guess what? They get to vote on the compensation package.

Tell your state financial officers: Hold Musk accountable.

State treasurers and other state financial officers invest funds on behalf of workers and retirees. Those pension funds — and the investment managers that work for them — also get to vote as shareholders at Tesla’s annual meeting on issues ranging from executive compensation to board member elections.

So now’s the time to tell them you want your state’s pension funds — and the investment managers that work for them — to oppose Musk’s outrageous CEO pay proposal – and oppose Board of Directors nominees unless they are willing to stand up for shareholders and push back against Musk’s demands.

Tell your state financial officers: Hold Musk accountable.