CalPERS is latest Tesla shareholder to vote against Musk's $56b pay package

CalPERS is latest Tesla shareholder to vote against Musk's $56b pay package

FILE PHOTO: Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, U.S. January 27, 2023. REUTERS/Jonathan Ernst/File Photo

The California Public Employees’ Retirement System is set to vote against Tesla CEO Elon Musk’s $56 billion compensation package, the largest US pension fund’s CEO said on Wednesday.