Tesla(US:TSLA) Sou Hu Cai Jing·2025-11-08 03:42Core Points - The approval of Elon Musk's new long-term incentive plan at Tesla's annual shareholder meeting has sparked significant discussion, with a 75% support rate, potentially leading to stock earnings equivalent to 6.26 trillion RMB, setting a record in global business history [1][3] Group 1: Compensation Plan Details - The incentive plan spans 10 years and is structured around 12 tiered performance goals, requiring Tesla's market value to increase from 1.5 trillion USD to 8.5 trillion USD [3] - Key performance targets include delivering 20 million electric vehicles, acquiring 10 million active subscribers for fully autonomous driving services, mass-producing 1 million humanoid robots, and commercializing 1 million robot taxis, along with achieving a core profit target of 400 billion USD [3][4] - Musk must pay a corresponding price to unlock the stock options, which are subject to market fluctuations, and any unvested shares will expire if he ceases to be CEO within 7.5 years [3] Group 2: Market Context and Reactions - The potential earnings of 6.26 trillion RMB are comparable to the GDP of Henan Province in China for 2024 and double the annual GDP of Bangladesh, highlighting the extraordinary nature of this compensation [3] - Musk's history of overcoming seemingly impossible challenges, such as popularizing electric vehicles and reducing costs in space travel, has led shareholders to place immense trust in his ability to turn ambitious goals into reality [4] - There are ongoing debates regarding the feasibility of the performance targets, particularly concerning humanoid robots and robot taxis, which face technological, regulatory, and market acceptance challenges [4]