Tesla(US:TSLA) Sou Hu Cai Jing·2025-11-06 11:39Group 1 - The core event revolves around Elon Musk's unprecedented $1 trillion compensation plan, which is subject to a vote at the Tesla shareholder meeting on November 6 [1][3] - The compensation plan is contingent on Musk meeting several ambitious targets over the next ten years, including increasing Tesla's market value from $1.09 trillion to $8.5 trillion and selling 20 million electric vehicles [4][3] - Major shareholders, including Norway's sovereign wealth fund and California's public employee retirement system, have expressed opposition to the plan, citing concerns over excessive amounts and dilution of existing shareholder equity [3][4] Group 2 - Musk's current 13% stake in Tesla limits his decision-making power, prompting him to seek this compensation plan to increase his ownership to nearly 25%, which would grant him significant control [6] - The board acknowledges Musk's critical role in Tesla's success, stating that without him, the company could lose substantial value, as he has been instrumental in driving the company's growth [6][7] - The market currently predicts a 94% probability of the compensation plan passing, with two potential outcomes: if approved, Musk's increased stake could lead Tesla to evolve into an AI technology giant; if rejected, the stock price may drop by over 10%, and Musk might leave the company [7][8] Group 3 - The situation highlights a broader struggle between the company's key figure and shareholder interests, with Musk using the threat of departure as leverage in negotiations [8] - The outcome of this vote is critical not only for Musk's future at Tesla but also for the company's strategic direction and competitive position in the rapidly evolving electric vehicle market [8]