Tesla(US:TSLA) Sou Hu Cai Jing·2025-10-27 15:24Core Viewpoint - Tesla has proposed a $1 trillion compensation plan for CEO Elon Musk, aimed at incentivizing his leadership and setting ambitious goals for the company's future growth [1][3]. Group 1: Compensation Plan Details - The compensation plan requires Musk to achieve a series of ambitious targets over the next 10 years, including increasing Tesla's market value from approximately $1 trillion to $8.5 trillion [3]. - Specific operational goals include delivering 20 million vehicles, 1 million robots, achieving 10 million subscriptions for Full Self-Driving (FSD) services, and deploying 1 million autonomous taxis for commercial use [3]. - The plan is structured around 12 market value milestones and 12 operational milestones, with Musk potentially increasing his shareholding from 13% to at least 25% upon successful completion of all targets [3][4]. Group 2: Board's Position and Concerns - Tesla's board chair, Robyn Denholm, is urging shareholders to support the compensation plan, warning that failure to do so could lead to Musk's departure, which would significantly harm the company's value [1][3]. - Denholm emphasized that Musk is crucial for Tesla's future, as the company aims to focus on advanced technologies like autonomous driving and robotics [1][3]. - The compensation proposal has faced opposition from various groups, including the Institutional Shareholder Services (ISS), which has raised concerns about the scale and design of the special rewards [4]. Group 3: Upcoming Events and Financial Performance - Tesla's annual shareholder meeting is scheduled for November 6, with voting on the compensation plan and other proposals ending on November 5 [4]. - Tesla recently reported third-quarter financial results, showing a 12% revenue growth, although the figures did not meet profit expectations [4].