The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware.
Robyn Denholm, who has led the electric car company’s board for more than five years, has been criticized for not serving as a check on Mr. Musk.
Shareholders had sued, arguing that Mr. Musk’s compensation — which helped make him the world’s richest person — was excessive.
Elon Musk, the electric car company’s chief executive, said he would “build products outside of Tesla” unless the board raises his stake to 25 percent.
Some shareholders saw the automaker’s decision to move up the deadline by two months as a way to suppress criticism during the company’s annual meeting on Tuesday.
Investors blame Elon Musk and wonder how much more the stock will fall.
Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
The automaker’s annual meeting will include votes on several proposals, including one on discrimination and another on board independence, that are opposed by its chief executive, Elon Musk.
The gap with workers widened even further as public companies granted top executives rich pay packages partly inspired by Tesla.