Taylor Hill | Getty ImagesTop proxy advisor Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the re-approval of CEO Elon Musk's $56 billion pay package and withhold their support from the re-election of News Corp .
Tesla's shareholder meeting is on June 13.
Tesla's board is seeking shareholder approval to reinstate Musk's pay after a Delaware court voided the package earlier this year.
The proxy advisor recommended support for some shareholder proposals that Tesla management opposes, including one that would declassify Tesla's board.
Pay package pushTesla has been courting shareholder support in both time-tested and novel ways.
Persons:
Elon Musk, Elon Musk's, James Murdoch, Glass Lewis, Tesla, Innisfree, Robyn Denholm, Leo KoGuan, KoGuan, Go Nakamura
Organizations:
Academy Museum of Motion Pictures, Getty, Services, News Corp, CNBC, ISS, FGS Global
Locations:
Los Angeles , California, Taylor, Delaware, Texas, Austin, Austin , Texas, U.S