Tesla(US:TSLA) Zhi Tong Cai Jing·2025-10-27 14:48Core Viewpoint - Tesla's board chair, Robyn Denholm, urges shareholders to ignore opposition from proxy advisory firms, unions, and governance groups, advocating for the approval of CEO Elon Musk's controversial compensation plan, which is tied to ambitious performance targets over the next decade [1] Group 1: Compensation Plan Details - The compensation plan requires Musk to achieve high targets, including increasing Tesla's market value to $8.5 trillion and expanding the Robotaxi business [1] - If the performance targets are met, Musk could receive up to $1 trillion in stock incentives, distributed over 12 phases, and his voting power in the company would rise to approximately 25% [1] Group 2: Opposition and Criticism - Musk expressed concerns about being ousted from the company due to recommendations from ISS and Glass Lewis, two major proxy advisory firms that have advised shareholders to vote against his compensation plan [1] - Denholm criticized these advisory firms for applying standardized models that do not fit Tesla's unique business model, highlighting that Tesla has delivered a 39,000% return since its IPO [1] Group 3: Upcoming Vote - The controversial compensation plan will be put to a vote at the annual meeting on November 6, with the outcome potentially influencing Tesla's power structure and growth trajectory for the next decade [1]