Tesla(US:TSLA) Hua Er Jie Jian Wen·2025-09-15 06:57Core Viewpoint - The potential merger between Tesla and Elon Musk's AI startup xAI is evolving from market speculation to serious discussion, driven by investor proposals and Musk's new compensation plan [1][2][3] Group 1: Investor Proposals - A shareholder proposal from Stephen Hawk urges Tesla to invest in xAI, which will be voted on at the upcoming annual shareholder meeting on November 6 [2] - Hawk's proposal is inspired by Musk's previous hints at collaboration, emphasizing the importance of formalizing the partnership for mutual benefits [2] Group 2: Musk's Compensation Plan - Musk's long-term compensation plan, potentially worth up to $1 trillion, includes a clause that allows performance targets to be adjusted in the event of significant acquisitions, interpreted as paving the way for a merger with xAI [3] - Analysts believe this clause provides flexibility for integrating the interests of both companies, indicating that such a merger is part of Tesla's long-term strategy [3] Group 3: Market Expectations and Synergies - The market's anticipation of a merger is based on existing synergies, as Musk positions Tesla as a "real-world AI" company, with xAI's Grok language model already integrated into Tesla's products [5] - Analysts suggest that a merger could significantly increase Tesla's market value, with estimates reaching as high as $8.5 trillion, especially as xAI seeks a valuation between $1 trillion and $2 trillion [5]