Sou Hu Cai Jing·2025-11-06 23:08Core Viewpoint - Tesla shareholders approved a compensation plan for CEO Elon Musk, potentially worth up to $1 trillion, ending debates over his pay and tenure [1] Group 1: Compensation Plan Details - Over 75% of Tesla shareholders voted in favor of the new compensation plan for Musk, which could elevate him to the status of the world's first "trillionaire" [1] - The plan allows Musk's shareholding in Tesla to increase to 25% or more over the next 10 years [1] - The compensation package is described as the most extravagant executive pay package in history [1] Group 2: Market Reactions and Opposition - Despite the majority support, notable opposition came from the Norwegian government pension fund and voting advisory firms ISS and Glass Lewis [1] - Tesla's board engaged in extensive public relations efforts to garner shareholder support [1] Group 3: Performance Metrics and Goals - Musk must achieve a market capitalization of over $8.5 trillion and an adjusted EBITDA of $400 billion to receive the full benefits of the compensation plan [4] - Key performance targets include delivering 20 million vehicles, having over 10 million active FSD subscribers, delivering 1 million robots, and operating 1 million Robotaxis simultaneously [4] Group 4: Future Plans and Innovations - Tesla plans to start mass production of the Cybercab by April 2026 [5] - Musk believes that robots will become the largest product ever, surpassing smartphones and other technologies [5] - The production cost for the Optimus robot is currently around $20,000, and Musk hinted at potential discussions with Intel for affordable and energy-efficient chips for robots [5]