Core Insights - Tesla shareholders approved an unprecedented compensation plan for CEO Elon Musk, potentially valuing him at nearly $1 trillion, marking the largest executive compensation plan in business history and a significant bet on Tesla's transformation into an AI and robotics giant [2][4][13] Compensation Plan Details - The compensation plan received over 75% support at Tesla's annual shareholder meeting, indicating strong shareholder trust in Musk's leadership, especially after previous opposition from notable investors and advisory firms [2][5] - The plan is structured to unlock 1% of Tesla's stock for Musk upon achieving specific operational and market valuation milestones, with a total of 12 milestones set [6][7] - If all milestones are met, Musk could receive approximately 12% of Tesla's shares, potentially worth around $1 trillion, although the net potential payout is estimated at $878 billion due to an offset based on the stock's value at the time of the plan's announcement [8][7] Strategic Shift - Musk announced a shift in Tesla's mission from "accelerating the world's transition to sustainable energy" to "achieving sustainable abundance," emphasizing a future focused on AI and robotics, including humanoid robots and autonomous vehicles [3][13] - The ambitious operational goals include delivering the 20 millionth Tesla vehicle, operating 1 million robot taxis, and achieving $400 billion in core profits [11] Controversies and Criticism - The scale of the compensation plan has drawn criticism, with concerns about excessive executive pay and the board's discretion in awarding shares regardless of milestone achievement [5][9] - Critics argue that the plan could inflate Musk's net worth significantly, potentially nearing Tesla's current market value of approximately $1.5 trillion [9] Future Prospects - The approval of the compensation plan clears the way for Musk to pursue his vision of making Tesla a leader in AI and robotics, with plans for a vast number of humanoid robots across various sectors [13] - Shareholders also voted to support Tesla's investment in Musk's AI startup, xAI, which is seen as beneficial for both companies, given Tesla's reliance on AI for its autonomous driving ambitions [13]
人类史上最贵CEO诞生!马斯克 “万亿薪酬”背后的“十年对赌协议”