Proxy advisory firm ISS recommends voting against Tesla CEO $1 trillion pay plan

(Reuters) -Proxy advisory firm Institutional Shareholder Services (ISS) on Friday urged Tesla shareholders to vote against CEO Elon Musk's proposed $1 trillion performance award, citing concerns over excessive compensation and governance risks. Tesla did not immediately respond to a request for comment. Last month, Tesla's board proposed a $1 trillion compensation plan for Musk in what it described as the largest corporate pay package in history, setting ambitious performance targets and aiming to address his push for greater control over the company. The vote on Musk's pay package is scheduled for early November. (Reporting by Akash Sriram in Bengaluru; Editing by Alan Barona)

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