Part 7/9:
The Political and Public Relations Angle
There is a clear recognition that some shareholders—particularly large institutional investors—may oppose the plan not out of skepticism but due to external pressures. Groups known as “proxy advisory firms” and ESG-focused entities often oppose large executive pay packages, citing governance or ethical concerns. However, Musk’s significant personal stake (~15%) and the widespread retail support suggest that the plan is likely to pass comfortably, especially with Musk’s influence and voting rights.