Tesla(US:TSLA) Hua Er Jie Jian Wen·2025-08-04 12:31Group 1 - Tesla's board has approved a temporary stock award of 96 million shares to CEO Elon Musk, valued at approximately $29 billion, to ensure his continued leadership at the company [1] - The stock award aims to gradually enhance Musk's voting power, with the board's special committee stating that this is crucial for keeping Musk focused on Tesla's mission [1] - Following the announcement, Tesla's stock price rose over 2% in pre-market trading [1] Group 2 - Tesla is currently undergoing a critical transformation, shifting from a commitment to affordable electric vehicle platforms to positioning itself as an AI and robotics company, focusing on robot taxis and humanoid robots [4] - A Delaware court has overturned Musk's 2018 compensation plan worth over $50 billion, citing flaws in the board's approval process and unfairness to shareholders [6] - The new temporary stock award will only vest if Musk remains in a key executive role until 2027 and includes a five-year holding period [6] Group 3 - Tesla's stock has declined by approximately 25% this year, facing challenges such as aging models, intense competition, and Musk's political stance alienating some potential buyers [8] - The reduction of government support for electric vehicles has exacerbated these challenges [8] - Musk indicated that the reduction in subsidies may lead to "several tough quarters" for the company before significant growth in autonomous driving software and service revenue begins later next year [8]