Tesla’s board is asking shareholders to approve a nearly $1 trillion stock payout to Elon Musk — a figure so excessive it would give him near-total control over one of the world’s most valuable companies, even if he fails to meet the plan’s full milestones.

This isn’t about rewarding innovation — it’s about rigging the rules for a billionaire CEO with close personal ties to the board and a record of erratic leadership. While American families are grappling with rising costs and layoffs continue across the tech industry, handing Musk a historic windfall is outrageous and unjustifiable.

We, the undersigned, call on Tesla shareholders, institutional investors, and corporate governance watchdogs to vote NO on this reckless and bloated compensation plan. No one — no matter how famous — deserves a blank check from the public markets.

Enough is enough. Say no to corporate excess. Say no to a trillion-dollar Musk payday.