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Tesla Urges Shareholders To Vote In Favor Of $1 Trillion CEO Compensation Package For Elon Musk - Tesla (NASDAQ:TSLA)
TeslaTesla(US:TSLA) Benzingaยท2025-09-23 08:40

Group 1 - Tesla Inc. has urged shareholders to vote in favor of the Board of Directors' recommendations, including a new compensation package for CEO Elon Musk, ahead of the annual shareholder meeting in November [1][2][3] - The company emphasizes its vision for a sustainable future, referencing the recently released Master Plan IV, which focuses on Robotics and AI [2] - Elon Musk's recent purchase of over $1 billion worth of Tesla stock has contributed to a surge in share price, alongside positive Q3 delivery expectations [4] Group 2 - Investment bank Piper Sandler has upgraded Tesla's price target to $500, indicating a 16% upside from the current share price, following insights gained from meetings with Chinese automakers [5] - Robyn Denholm, Chair of the Tesla Board, praised Musk as a "once-in-a-generation visionary," reaffirming support for his leadership [6] - Analyst Dan Ives from Wedbush Securities highlighted that AI and Robotics present a $1 trillion opportunity for Tesla, attributing this potential to Musk's "Wartime CEO" mode [6]