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Tesla CEO calls proxy advisory firms ‘corporate terrorists’, BI reports

Tesla (TSLA) CEO called proxy advisory firms ISS and Glass Lewis “corporate terrorists” after they opposed a historic $1T pay package proposed by the company’s board, Business Insider’s Lee Chong Ming reports, citing comments the CEO made on the company’s earnings call. Musk said his real issue is whether he will wield enough voting power to control Tesla’s next chapter in AI, robotaxis and humanoid robots. “I just don’t feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis,” Musk said, adding he needs about “mid-20s” percent voting power to maintain “a strong influence” at Tesla, but still be fireable if he goes “insane.”

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