Tesla(US:TSLA) 智通财经网·2025-05-14 08:47Core Points - Tesla's board has established a special committee to review and potentially adjust CEO Elon Musk's compensation structure, considering new stock options [1] - The committee is in the early stages of deliberation, and it remains uncertain whether a new compensation proposal will be made for Musk [1] - Any new stock options will depend on Tesla's ability to meet operational, financial, and stock price targets [1] Summary by Sections Compensation Review - The special committee is chaired by Robyn Denholm and includes Kathleen Wilson-Thompson, who previously reviewed Musk's compensation plan after it was revoked in 2018 [1] - In 2018, Tesla approved a performance-based compensation plan for Musk valued at $56 billion, which was the largest executive compensation plan in history at that time [1] Legal Disputes - Musk has been in a legal dispute with the Delaware court regarding the high compensation amount for seven years [2] - In January 2024, a Delaware judge ruled that Musk's compensation plan was excessive and revoked it [2] - Despite a shareholder vote in June to restore the compensation plan, the court reaffirmed its decision, leaving Musk without access to the compensation [2] - Musk has appealed the ruling, claiming legal errors were made in the cancellation of the compensation [2] - If the appeal fails, any new compensation agreement may require explicit approval from shareholders and could involve larger amounts due to Tesla's valuation since 2018 [2]