CalPERS becomes latest Tesla shareholder to vote against Musk’s pay package

(Reuters) – The California Public Employees’ Retirement System (CalPERS) is set to vote against Tesla CEO Elon Musk’s $56 billion compensation package, the largest U.S. pension fund’s CEO said on Wednesday.

(Reporting by Akash Sriram in Bengaluru and Juby Babu in Mexico City; Editing by Devika Syamnath)