特斯拉万亿薪酬实际上是“减负”：马斯克未兑现的承诺缩水了

Core Viewpoint - Tesla's board has proposed a new $1 trillion compensation plan for CEO Elon Musk, which includes performance targets that are significantly lower than his previous commitments to the company [1][2]. Group 1: Compensation Plan Details - The new compensation plan is designed to encourage Musk to build "the most valuable company ever" over a 10-year period [1]. - The plan requires Musk to achieve a total delivery of 20 million vehicles by 2035, a significant reduction from his previous claim of producing 20 million vehicles annually by 2030 [2]. - The plan still requires shareholder approval at the upcoming annual meeting, but it is expected to receive overwhelming support from Tesla's fanbase [1]. Group 2: Product Goals - The first product goal set by the board is to deliver a total of 20 million vehicles, with Tesla having sold 8 million to date [2]. - The second product goal involves achieving 1 million Robotaxis in commercial operation, but the definition of Robotaxi has been broadened to include any Tesla vehicle using the full self-driving system [3][4]. - The third goal is to deliver 1 million Optimus robots by 2035, with the board acknowledging the potential of this product while noting that the commercialization plan is still in development [6][7]. - The final product goal is to reach 10 million active subscriptions for Tesla's full self-driving (FSD) system, which currently has a low adoption rate [7]. Group 3: Financial Targets - Musk is required to help Tesla achieve an $8.5 trillion valuation to unlock the full benefits of the compensation plan, with aspirations for Tesla's market value to exceed that of the top five most valuable companies combined [7][8]. - Additionally, Musk must assist in increasing the company's annual profit to approximately $400 billion, a significant increase from last year's $17 billion [7][8]. - The board has also requested Musk to collaborate on a succession plan for a future CEO, ensuring his involvement for at least 7.5 years [8].