Sou Hu Cai Jing·2025-11-06 23:30Core Points - Tesla's 2025 shareholder meeting approved Elon Musk's compensation plan with a 75% majority vote [1] - The new plan allows Musk to potentially earn up to $878 billion (approximately 62.6 trillion RMB) in Tesla stock over the next 10 years [1] - Musk's compensation includes a total stock value of $1 trillion (approximately 71.3 trillion RMB), contingent upon certain payments to Tesla [1] Summary by Categories Compensation Plan - Musk can earn up to 4.23 million new shares, increasing his ownership from 15% to about 25% [1] - The plan requires Tesla to deliver 20 million vehicles and operate 1 million Robotaxis over the next decade [1] - Tesla's market capitalization must grow from over $1.5 trillion to between $2 trillion and $8.5 trillion (approximately 14.25 trillion to 60.58 trillion RMB) [1] Product Development - Musk showcased the humanoid robot Optimus, claiming it will be the "largest product ever," surpassing smartphones and other products [3] - The production cost of Optimus is currently around $20,000 (approximately 143,000 RMB) per unit [3] - Musk expressed confidence that the Full Self-Driving (FSD) feature will soon allow drivers to text while driving, with expected progress in regulatory approvals in some overseas markets [3] - Tesla aims to start mass production of the Cybercab in April 2026 [3]