Elon Musk's pay package approval was a 'mistake' and Tesla needs to keep him in check, some institutional shareholders say
Elon Musk.
Apu Gomes via Getty Images
- Tesla investors voted on Thursday to approve Elon Musk's multibillion-dollar pay package.
- However, some institutional shareholders told BI that Musk's award was a mistake.
- One investor questioned if Musk is the right person to continue leading Tesla.
Some institutional Tesla shareholders told Business Insider that approving Elon Musk's record-shattering pay package was a mistake and that they have lingering concerns about Musk's ability to lead the company.
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