The Financial Post reports in its Tuesday edition that Tesla shareholders are being urged by a second proxy adviser to vote against chief executive officer Elon Musk's $1-trillion (U.S.) compensation package, adding to potential hurdles as the automaker's board works to secure investor support. A Bloomberg dispatch to the Post quotes Glass Lewis saying that the potential dilution to shareholders and other terms of the proposed pay plan "warrant significant concern." The company made the recommendation as part of wider voter guidance issued before Tesla's annual shareholders meeting on Nov. 6. The report echoed recommendations from proxy firm ISS that urged shareholders to vote against the pay plan. Proxy advisers often have sway over shareholders, particularly large institutions that hold stock in passive funds. Both firms recommended voters reject Mr. Musk's 2018 pay deal, which about three-quarters of investors still supported. Tesla called the Glass Lewis recommendation "misguided," saying in an X social post Monday the firm is disregarding the prior shareholder votes in favour of Mr. Musk's compensation. The unprecedented compensation package is designed to incentivize Mr. Musk to stick around over the next decade.