Can shareholders influence Elon Musk's trillion dollar pay package?

This NPR Planet Money Indicator podcast episode discusses the challenges faced by shareholders in influencing corporate decisions, particularly focusing on Tesla. The episode highlights the proposed unprecedented compensation package for Elon Musk, the difficulties faced by even large institutional investors in affecting change, and the limited influence of shareholders compared to major institutional investors like BlackRock, Vanguard, and State Street. The podcast features an interview with Elizabeth Steiner, an Oregon state treasurer who, along with other investors, attempted to address concerns about Tesla's board oversight through letters and proposals, ultimately illustrating the power imbalance between shareholders and corporate leadership, and the impact of SEC regulations on shareholder activism.