Tesla(US:TSLA) Sou Hu Cai Jing·2025-10-28 07:55Core Viewpoint - Tesla's chairman, Robyn Denholm, warned shareholders that CEO Elon Musk may leave if his 10-year compensation plan is not approved, which could lead to a significant loss in company value [1][3]. Group 1: Compensation Plan Details - The proposed compensation plan for Musk could potentially yield around $1 trillion in Tesla stock if the company's market value reaches $8.5 trillion, contingent on Musk meeting 12 ambitious performance targets [3][5]. - Musk's previous compensation plan from 2018 was similar, where he achieved performance goals ahead of schedule but did not receive the $50 billion compensation due to court issues [3][5]. - Some consulting firms have advised Tesla shareholders to oppose Musk's new compensation plan, citing concerns over its size and the board's lack of independence [3]. Group 2: Strategic Importance of Musk - Denholm emphasized that without Musk's unique leadership, Tesla could lose significant value, especially as the company transitions from a traditional vehicle manufacturer to a leader in autonomous driving and robotics [1][3]. - The upcoming shareholder vote on November 5 is deemed a critical turning point for Tesla, with Denholm asserting that Musk's leadership is irreplaceable during this transformative phase [1].