• Institutional Shareholder Services (ISS), a prominent proxy advisory firm, has recommended that Tesla shareholders reject the company's proposed $56 billion pay package for CEO Elon Musk. ISS argues that the compensation plan is "unprecedented in scale" and lacks sufficient performance criteria to justify such a massive award.

• The article notes that Musk's current compensation plan, approved in 2018, has already made him one of the highest-paid executives in the world. The new proposal would further increase his potential earnings, which ISS believes is not justified by Tesla's performance relative to its peers.

• Despite ISS's recommendation, the article suggests that Tesla's board is likely to approve the new pay package, as Musk holds a significant amount of voting power through his ownership of Tesla shares. The final decision will be made at Tesla's upcoming shareholder meeting.