Tesla(US:TSLA) 智通财经网·2025-10-28 06:55Core Viewpoint - Tesla's chairman Robyn Denholm warns that CEO Elon Musk may leave the company if a proposed $1 trillion compensation plan is not approved by shareholders [1][2] Group 1: Compensation Plan Details - The proposed compensation plan for Musk includes performance targets such as achieving a market value of $8.5 trillion, selling 12 million cars, delivering 1 million humanoid robots, launching 1 million Robotaxis, and increasing adjusted earnings from $16.6 billion in 2024 to $400 billion [1] - If approved, this plan would be the largest compensation package in corporate history and would increase Musk's ownership stake in Tesla from 13% to nearly 29%, enhancing his control over the company [1] Group 2: Shareholder Meeting and Voting - Tesla will hold its annual shareholder meeting on November 6, where the $1 trillion compensation plan will be voted on [1] - Denholm urges investors to support the compensation plan and re-elect three senior directors closely associated with Musk [2] Group 3: Importance of Musk's Leadership - Denholm emphasizes that the performance-based compensation plan is designed to retain and motivate Musk, ensuring he leads Tesla for at least another seven and a half years [2] - She highlights Musk's critical role in Tesla's ambition to become a leader in AI and autonomous driving technology, warning that without an effective incentive plan, the company risks losing his "time, talent, and vision" [2] Group 4: Governance Concerns - The compensation proposal has faced criticism from advisory firms like ISS, which argue that the plan is excessively large and lacks effective constraints [1] - There are ongoing concerns regarding the independence of Tesla's board, which has been criticized for its close ties to Musk and for failing to adequately protect shareholder interests [2]