Tesla(US:TSLA) 3 6 Ke·2025-11-07 07:11Core Points - Tesla's shareholders approved an unprecedented executive compensation plan, allowing Elon Musk to potentially earn nearly $1 trillion in stock rewards over the next decade if the company's market value reaches $8.5 trillion [1][8][13] - The plan requires Musk to lead Tesla to achieve significant growth, including delivering 20 million electric vehicles and 1 million humanoid robots [10][14] - The approval reflects strong confidence from shareholders in Musk's ability to transform Tesla into a leading AI giant, with over 75% of shareholders voting in favor [8][17][44] Compensation Plan - The compensation plan is structured over a 10-year period with 12 phases, each tied to specific market value and operational targets [10][13] - Achieving the full reward is contingent on meeting ambitious goals, including a market value increase of over 500% from current levels [10][13] - If successful, Musk's ownership stake in Tesla could rise from 13% to nearly 29%, granting him significant control over the company [14][57] Market Reaction - Following the announcement, Tesla's stock price increased by 4.1%, reflecting a year-to-date gain of 77% [18] - Analysts predict that Tesla's market value could reach $3 trillion within the next 12 to 18 months, driven by advancements in autonomous driving and robotics [17][18] Robotics and AI Development - Tesla's humanoid robot, Optimus, is expected to begin mass production next year, with significant enhancements planned for future versions [21][25] - The economic impact of humanoid robots could potentially expand the global economy by 10 to 100 times, with a projected market size of billions of units [23][28] - Tesla aims to establish the fastest production ramp-up in history for complex manufacturing products, starting with a target of 1 million units annually [24][28] Full Self-Driving (FSD) Technology - Tesla's Full Self-Driving (FSD) technology is a core component of its business model, boasting a safety record significantly better than the average driver [29][31] - The company plans to eliminate safety drivers from its Robotaxi fleet by the end of the year, further integrating autonomous vehicles into everyday life [34] Chip Development - Tesla is developing its own AI 5 chip, designed specifically for its needs, which offers superior performance at a lower cost compared to competitors [38][40] - The company is also planning to build a large-scale semiconductor fabrication facility to meet its growing chip demands [41] Shareholder Sentiment - Despite some opposition from major institutional investors, a significant portion of Tesla's shareholder base remains supportive of Musk's leadership and vision for the company [46][56] - The approval of the compensation plan is seen as a bet on Musk's ability to drive innovation and growth at Tesla, with many investors believing it will ultimately benefit them [57][58]