Elon Musk has branded opponents of his proposed $1trillion (£750billion) Tesla pay package ‘corporate terrorists’. The billionaire tycoon – the world’s richest man with a fortune of £340billion – said advisers Glass Lewis and ISS had ‘no freaking clue’ after they urged shareholders to vote against the deal. The electric car giant’s board has warned that failure to approve the biggest payday in corporate history could lead to Mr Musk walking away from the firm. The proposed deal, which is set to be voted on by shareholders on November 6, would see Mr Musk awarded $1trillion over the course of a decade if he hits all his targets. Tesla boss Elon Musk could become the world's first trillionaire These include turning Tesla from a £750billion company into a £6trillion business over ten years while selling 12 million vehicles, one million artificial intelligence robots and one million self-driving robotaxis. The pay package would see Mr Musk increase his stake from 13 per cent today to nearly 29 per cent and make him the world's first trillionaire. The tycoon stressed the increase in his voting power at the company – not the value of the share awards that come with it – was the driving force behind the deal. ‘I just think that there needs to be enough voting control to give a strong influence, but not so much that I can’t be fired if I go insane,’ he said. ‘I just don’t feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis.’ Glass Lewis this week said the deal should ‘warrant significant concern’ given the size of the potential share awards. It also said it could hand the Tesla boss ‘extraordinary pay levels without commensurately exceptional performance’. It is not the first time Mr Musk’s pay has caused controversy. Last year, a judge struck down a previous deal that would have handed him £42billion. But Tesla chairman Robyn Denholm last month said: ‘Simply put, retaining and incentivising Elon is fundamental to Tesla achieving these goals and becoming the most valuable company in history.’ The latest pay row came as Tesla reported record quarterly revenues of £21billion amid booming demand for its electric vehicles. But profits fell 37 per cent to £1billion as the company was hit by tariffs on car parts entering the US, rising costs and dwindling green subsidies. The latest round of results marked the firm's fourth consecutive quarterly profit drop. Tesla is grappling with tariffs imposed by the Trump administration on auto-parts imports, which chief financial officer Vaibhav Taneja said cost Tesla more than £300million in the quarter. Tesla is recalling 63,619 Cybertruck vehicles in the US as parking lights that are too bright can reduce visibility of oncoming drivers, increasing the risk of a crash, the US National Highway Traffic Safety Administration said on Thursday. Quarterly results: Tesla said third-quarter earnings fell 37% to $1.4bn RELATED ARTICLES