Tesla(US:TSLA) 财联社·2025-10-28 01:10Core Viewpoint - Tesla's chairman, Robin Denholm, urges shareholders to support CEO Elon Musk's performance-based compensation plan, which could reach up to $1 trillion, ahead of the annual shareholder meeting [1][2]. Group 1: Compensation Plan Details - The performance-based compensation plan aims to retain and motivate Musk for at least another seven and a half years, emphasizing his critical role in Tesla's success [2]. - The plan includes ambitious performance targets: achieving a market value of $8.5 trillion, selling 12 million vehicles, delivering 1 million humanoid robots, launching 1 million robotaxis, and increasing adjusted earnings from $16.6 billion in 2024 to $400 billion [4]. - If approved, Musk's stake in Tesla would increase from 13% to nearly 29%, enhancing his control over the company [7]. Group 2: Shareholder Vote and Criticism - The shareholder vote on the new compensation proposal is scheduled for November 6, and if passed, it would be the largest compensation plan in corporate history [5]. - Institutional Shareholder Services (ISS) has criticized the proposal, calling for investors to vote against it due to its excessive scale and lack of effective constraints [5]. Group 3: Strategic Importance of AI - Denholm highlights that Tesla is at a crucial turning point, with AI being central to its future strategy [6]. - The compensation plan is not just about financial rewards but also about ensuring Musk has sufficient voting influence to prevent potential negative outcomes related to AI [7]. Group 4: Historical Context - Earlier this year, a Delaware court invalidated Musk's 2018 compensation agreement, ruling that it was improperly granted and lacked independent negotiation [8].