Thousands of retail investors and Tesla loyalists have pledged their support in favor of Tesla and Musk’s stratospheric new pay plan, but a growing coalition of pension funds and Democratic state fiduciaries are speaking out about what they see as red flags: a comp package that is too large, a lack of independence on the board, and the potential for other founders and controlling CEOs to follow in Musk’s footsteps. The latter would be disastrous for an economy that is already tilted too favorably in the dir ...