Tesla(US:TSLA) Sou Hu Cai Jing·2025-11-07 05:11Core Insights - Musk's compensation plan is not just a salary case but a stress test and public valuation of entrepreneurial value in the AI era [1][10] - Tesla shareholders approved Musk's 10-year compensation plan, potentially worth nearly $1 trillion in stock, with 75% voting in favor [3][5] - This compensation agreement represents the highest reward for a corporate leader in history and paves the way for Musk to become the first trillionaire [3][5] Entrepreneurial Value in the AI Era - The ongoing legal battle over Musk's compensation has transcended corporate governance, raising questions about why top entrepreneurs' value has not diminished but rather increased amid AI advancements [5][9] - AI is seen as a powerful tool that enhances the leverage of entrepreneurs, who are essential in defining problems and setting goals to create new value [6][9] - Musk's compensation plan exemplifies a high-risk, high-reward structure, acting as a bet that requires significant growth in Tesla's market value and successful project launches [5][9] The Role of Entrepreneurs - Entrepreneurs are crucial in defining and achieving "non-consensus" futures, as AI cannot envision markets that do not yet exist [6][10] - Modern technological breakthroughs require a complex integration of various disciplines, and Musk's efforts in companies like SpaceX and Tesla illustrate the need for entrepreneurial vision and organizational strength [8][9] - Entrepreneurs bear the ultimate risk in innovation, making decisions amid uncertainty and investing their reputation and resources [9][10] Future Implications - The disparity between "mediocre" and "excellent" will widen in the AI era, with the value of mere task executors potentially diluted, while true entrepreneurs will become increasingly valuable [9][10] - Regardless of AI's future development, the creation of wealth and direction will remain in the hands of insightful, creative, and effective individuals [10]