Tesla(US:TSLA) 大鱼聊电动·2025-11-11 04:04Stock Grant & Restrictions - Elon Musk received a grant of 423 million shares of Tesla stock, representing 4.23% of the company [1] - These shares are restricted stock units (RSUs), meaning they are locked and Musk cannot currently vote with them [1] - The grant is tied to the 2025 shareholder-approved CEO performance award [1] Performance-Based Vesting - The 423 million shares are not immediately accessible; vesting will occur between 2025 and 2035 [1] - Musk must achieve extremely challenging performance goals over the next decade to fully vest the shares [1] - The performance goals are focused on areas beyond vehicle sales, including Full Self-Driving (FSD), Robotaxi, and Optimus humanoid robots [1] Implications & Outlook - The stock grant functions as a Key Performance Indicator (KPI) for Musk, incentivizing him to achieve ambitious targets [1] - The success of the grant depends on the successful development and deployment of FSD, Robotaxi, and Optimus technologies [1] - The grant represents a high-stakes bet on Tesla's future, with the potential for significant reward or failure to vest [1]