Tesla shareholder criticizes Elon Musk’s ‘ridiculous’ $56bn pay deal ahead of vote

Chris Ailman, chief of one of the largest pension funds in the US, says he will vote against package

The manager of one of the largest pension funds in the US said it will vote against Elon Musk's ridiculous" pay deal as Tesla campaigns for its reinstatement.

Shareholders in the electric carmaker are voting on the $56bn compensation package - the largest ever granted to an executive at a US-listed company - after it was thrown out by a Delaware judge earlier this year.