
Congress and corporate boards are moving to silence shareholder voices and shield CEOs from accountability. It is part of a coordinated push to rewrite the rules of corporate governance so executives can enrich themselves without oversight.
Tesla’s Board just unveiled a pay package proposal that could make Elon Musk, already the world’s richest man, the world’s first trillionaire. While Tesla’s median worker earns less than $60,000, Musk could walk away with $1 trillion in pay.
This is exactly why shareholder rights matter and why corporations and their bought-and-paid-for allies are trying to take them away. Musk has already moved Tesla to Texas to escape accountability, and Trump is urging the SEC to weaken reporting rules that keep CEOs in check. Together, these efforts represent the largest corporate power grab in a generation.
AFR is leading the fight to stop it. We have sent letters of opposition to Congress, joined coalitions representing millions of workers and investors to call out Musk and Tesla, and exposed this unprecedented corporate greed in the national press. We are one of the few groups pushing back at every level. But we need your help to keep going.
Contribute to Americans for Financial Reform and fund the fight to stop corporate insiders from rewriting the rules now.