CEO Compensation & Performance - Tesla's Board emphasizes Elon Musk's unique ability to drive extraordinary growth and value, positioning him as a once-in-a-generation visionary [1] - The Board designed a 2025 CEO Performance Award to retain, motivate, and incentivize Elon Musk, aligning his interests with those of Tesla shareholders [2] - Elon Musk will receive zero compensation unless shareholders realize substantial value, ensuring he is only rewarded if shareholders "win big" [3] Compensation Structure - The 2025 CEO Performance Award builds upon the successful framework of the 2018 CEO Performance Award [2] - The compensation plan is designed as a pay-for-performance structure, aiming to deliver tremendous value for shareholders [2] Company Vision - Tesla has the potential to become the most valuable company in history under Elon Musk's continued leadership [1] - Realizing this vision requires a unique compensation structure that retains and incentivizes Elon Musk [1]
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