Core Viewpoint - Tesla's CEO Elon Musk's unprecedented compensation plan, approved by 75% of shareholders, could potentially make him the world's first trillionaire, as he aims to transform Tesla into a technology giant focused on AI and robotics [1][3]. Compensation Plan Details - Musk's compensation will be in the form of stock grants, distributed in 12 tranches, contingent on Tesla's market valuation increasing by $500 billion and achieving specific operational goals [1][3]. - To fully realize the stock grants, Musk must elevate Tesla's market value from $1.48 trillion to $8.5 trillion and achieve the commercial application of 1 million autonomous rental cars [1][3]. - If successful, Musk's stock could be valued at nearly $1 trillion, equating to earnings of approximately $275 million per day over the next decade [1][3]. Shareholder Reactions - The approval of Musk's compensation plan sparked mixed reactions, with some major institutional investors, including Norway's sovereign wealth fund and California's public employee retirement fund, opposing it due to concerns over the scale of the rewards and potential dilution of shares [4][5]. - Despite opposition, Musk's significant ownership stake (15%) and the support from a large number of retail investors led to the plan's approval [5]. Focus on Robotics - During the shareholder meeting, Musk emphasized the importance of upcoming robotics projects, suggesting that their scale could surpass Tesla's automotive business, which disappointed some analysts hoping for a focus on reviving electric vehicle sales [3][5]. - The development of these robotics products is still in progress, indicating that Musk faces challenges in meeting the ambitious targets set forth in his compensation plan [3][5]. Broader Implications - Musk's compensation plan has drawn attention to the growing wealth disparity in the U.S., with reports indicating that the wealthiest 0.1% of Americans will hold a record share of assets by 2025 [6]. - The median salary for Tesla employees is approximately $57,000, highlighting the stark contrast between executive compensation and average worker earnings [6].
数额之大史无前例,引发各方强烈质疑,特斯拉批准马斯克万亿薪酬计划