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Corporate Strategy & Governance - The board offered Elon Musk a "golden handcuffs" deal, not a reward [1] - The contract is a response to Musk's demand for 25% voting rights in Tesla [1] - The board's strategy is a public scheme to bind Musk to Tesla [1] - A key condition requires Musk to "promptly end" his political involvement [1] - The deal aims to secure Musk's time, loyalty, and public statements with a high price [1] Contractual Terms & Incentives - The contract is designed to prevent Musk from starting AI and robotics ventures outside of Tesla [1] - The agreement is framed as a commercial gamble on Tesla's future [1]