智能车参考 . 追踪车圈先进技术|好用产品|新进展和认知 作者 | 杰西卡 来源 | 智能车参考 点击下方 卡片 ，关注" 自动驾驶之心 "公众号 戳我-> 领取 自动驾驶近30个 方向 学习 路线 >>自动驾驶前沿信息获取 → 自动驾驶之心知识星球 本文只做学术分享，如有侵权，联系删文 马斯克这次狠话到头了，"爱谁干谁干"。 以下文章来源于智能车参考 ，作者有车有据 起因是特斯拉为了留住这位CEO，推出了一项新的薪酬方案， 价值万亿美元 。 但外界的质疑和担忧声不断，让这个方案在正式表决落地前，又显得疑云重重。 这位CEO自进入特斯拉以来，拿工资之路一直是一波三折，反转再反转，上一次 2018年 提出的薪酬方案，马斯克提前全部达标，然而现在 还一分钱都没拿到手…… 但这一次，马斯克不忍了，表示如果得不到高额薪酬，他将离开特斯拉，至少 CEO是干不了了 。 马斯克：不发工资我就不干了 马斯克所说的 高额薪酬 ，指的是特斯拉最近为他设计的新"薪酬OKR"，为的是留住马斯克 至少10年 ，保证他继续以CEO的身份掌舵。 不过，想拿到全部工资，绩效目标也是史诗级地狱难度： 市值 ，最高需要翻近8倍到 8.5万亿美元 ...

好家伙，工资不到位，连马斯克都准备不干了！ 10月22日消息，为了能让马斯克安心再干至少10年CEO，特斯拉董事会给他设计了一份新薪酬方案。从理论上来说，这份方案的最高价值能达到万亿美 元级别，规模之高引发广泛关注。 图源：微信 可消息刚一传出，争议声就没停过。外界的质疑和担忧接连不断，各种质疑和担忧，让这份方案在正式投票前，显得前途未卜。 而马斯克本人的态度非常强硬，直接放话：工资不到位，这特斯拉CEO我就不干了！ 说起来，马斯克在特斯拉的"薪资之路"真是充满波折。上一次是2018年，董事会给他定下了难度极高的目标，结果他不仅全部完成，还提前达标。可即便 如此，这笔钱他到现在也一分钱都没拿到，原因主要是法律程序上的纠纷。 或许是有了上次的经历，这一次马斯克彻底不忍了。他明确表示，如果得不到这笔他认为匹配其贡献的高额薪酬，他将离开特斯拉，至少CEO这个位置 是肯定不坐了。 图源：微信 那么，他口中的"高额薪酬"到底有多高？ 其实就是特斯拉为他量身定制的一套新"薪酬OKR"。核心目标只有一个：用天价回报，锁住马斯克未来十年。 如此高额的薪酬，自然引来了外界不少担忧和反对。反对声音主要来自一些机构和分析师，他们觉 ...

Core Viewpoint - Tesla has proposed a new compensation plan for CEO Elon Musk, valued at up to $1 trillion, to retain him for at least 10 years, but the plan faces significant scrutiny and skepticism from the public and shareholders [1][6]. Compensation Plan Details - The new compensation structure, referred to as "compensation OKR," requires Musk to achieve ambitious performance targets, including increasing Tesla's market capitalization to between $8 trillion and $8.5 trillion, which is nearly 8 times the current value [4][6]. - Profit targets are set to increase nearly 24 times to $400 billion, with a minimum threshold of $50 billion [4]. - Product delivery goals include 20 million Tesla vehicles, 10 million active FSD subscriptions, 1 million Tesla robots, and 1 million Robotaxis [4]. Shareholder Reactions - The proposed compensation plan has sparked divided opinions among shareholders, with some, including ISS, expressing strong opposition due to its astronomical figures and potential dilution of existing shareholders' equity [10][12]. - Supporters, including prominent investors like Cathie Wood, argue that the plan is justified and likely to pass, citing Tesla's significant market position and growth potential [15][12]. Upcoming Decisions - The final decision on the compensation plan will be made at the shareholder meeting on November 6, where Musk and other executives will also present Tesla's latest product roadmap and strategic priorities [17]. - The meeting is expected to be significant, not only for the compensation proposal but also for the anticipated unveiling of the new Roadster 2.0 [17][20]. Product Developments - Tesla's new Roadster 2.0 is set to be showcased this year, with production expected to begin in 2027, featuring extreme performance capabilities [20][22].

图源：盖世汽车新能源 据"鞭牛士"10月21日消息，埃隆·马斯克公开威胁说，如果得不到高额薪酬，他将离开特斯拉，或者至少辞去首席执行 官一职。 值得注意的是，该薪酬方案股份奖励需满足特定条件才能兑现：特斯拉市值需达到最高8.5万亿美元的里程碑，同时需 实现一系列运营目标，包括交付2000万辆汽车、推出100万辆自动驾驶出租车（robotaxi），以及调整后核心利润达到 4000亿美元。 起因是特斯拉股东即将对埃隆·马斯克的一项新的、备受争议的薪酬方案进行投票。据路透社10月17日报道，埃隆·马 斯克拟定了1万亿美元的薪酬方案，代理投票顾问机构ISS（机构股东服务公司）敦促股东否决这一大规模的薪酬计 划。 ...

大家好我是大魚 最近 華爾街和X上 都在瘋狂爭論 給 Musk $1 萬億 天價薪酬是否 「過度支付」？ 那些只盯著 馬斯克 拿到多少錢的人 錯過的可能會是 數萬億的增長！ 我敢說 如果你覺得 這方案太貴 你可能根本 沒看懂這場 「信任投票」 的真正價值 它不僅是讓 Musk 火力全開 更是對 Tesla 市值衝上 $8.5% 萬億 的強力保底 一旦通過 股價直奔 $600 只是起步 $1000才是 真正的目標！ 今天我們將揭秘 Musk 這次反擊 的犀利觀點 以及三大終極 催化劑如何 讓 TSLA 翻倍 大家不要錯過 今天的精彩內容 OK let‘s go 第一部分 馬斯克警告股東 咱們開門見山 來看看最近X上 最火爆的對話 有人在質疑 Musk 那個 1 萬億美元 的 天價薪酬方案 說就算Tesla 市值十年後 只達到 $2 萬億 回報率低於 S&P 500 給 CEO $200 億 有點太貴了 這話聽起來很理性 但Musk 的 回應更絕 他直接反問說 Tesla 比所有 其他汽車公司 加起來都值錢 你希望哪個CEO 來帶領Tesla？ 反正不會是我 這就是問題的 癥結所在 只看局部 你永遠看不清全貌 當 ...

Core Points - Tesla shareholders will vote in November on a proposed 10-year compensation plan for CEO Elon Musk, valued at $1 trillion, which could become the largest in corporate history [1][3] - Tesla's board chair, Robyn Denholm, defended the compensation plan, stating that Musk needs to be incentivized through significant challenges tied to high compensation [1][3] - Denholm emphasized that the plan focuses on future performance rather than past results, asserting that Musk will receive nothing if he fails to meet the established goals [3] Summary by Sections Compensation Plan - The proposed compensation plan for Elon Musk is valued at $1 trillion, with a vote scheduled for November [1] - The plan is designed to link Musk's compensation to significant challenges, aiming to incentivize future performance [3] Board's Perspective - Robyn Denholm, who is also a member of the special committee that drafted the compensation plan, expressed that Musk is more interested in voting power than the monetary value of the compensation [3] - Denholm's comments suggest a focus on governance and influence rather than just financial rewards [3] Current Company Performance - The proposal comes at a time when Tesla's profits and vehicle sales are declining, raising questions about the appropriateness of such a large compensation plan [3] - Denholm insists that the plan is not related to past performance, indicating a forward-looking approach to Musk's compensation [3]

Executive Compensation & Corporate Strategy - Tesla's board presented Elon Musk with a performance-based compensation plan potentially worth $1 trillion [1] - The agreement requires Musk to increase Tesla's market capitalization to $85 trillion, equivalent to the combined market cap of Apple and Nvidia [1] - Musk must also deliver 1 million Optimus robots and 1 million Robotaxis to receive any compensation [1] Performance Targets & Risk Assessment - Failure to meet either the market capitalization target or the delivery of robots and Robotaxis results in zero compensation for Musk [1] - The plan is characterized as a high-stakes gamble on the future of commercial history [1]

Core Viewpoint - Tesla's board has approved a stock award of 96 million shares to CEO Elon Musk, valued at approximately $29 billion, contingent on his continued role until 2027 and restrictions on selling until 2030 [1][4]. Group 1: Stock Award Details - The stock award allows Musk to purchase shares at $23.34 each, with the total value estimated at $29 billion (approximately 208.3 billion RMB) [1]. - If a Delaware court reinstates Musk's 2018 compensation plan valued at $55 billion, this new award will automatically become void to prevent "double-dipping" [3]. Group 2: Strategic Importance of Musk - Tesla emphasized the importance of retaining Musk, stating that this incentive is crucial for his continued leadership [4]. - Following the announcement, Tesla's stock price rose over 2%, increasing its market value by $21.4 billion (approximately 153.7 billion RMB) [4]. Group 3: Historical Context and Legal Issues - The ongoing legal dispute regarding Musk's previous compensation plan has lasted seven years, with the 2018 plan initially valued at $2.6 billion but later soaring to $56 billion due to rising stock prices [6]. - The Delaware court previously invalidated the 2018 compensation plan, citing unfair approval processes by the board [6]. Group 4: Market Performance and Challenges - Tesla's stock has faced challenges, with a nearly 25% decline this year, underperforming the broader market [12]. - The company is transitioning from its primary automotive business to focus on autonomous taxi services and robotics, amid pressures on vehicle sales and brand loyalty [11].

Core Viewpoint - The company has approved a compensation plan for its directors and senior management for the year 2025, aimed at enhancing motivation and operational efficiency [1][2]. Group 1: Compensation Plan Overview - The compensation plan applies to all directors and senior management of the company [1]. - The plan includes a fixed allowance for independent directors set at 120,000 per year (pre-tax), paid monthly [1]. - Directors' compensation consists of a monthly salary and an annual bonus, with the monthly salary based on their specific roles and the annual bonus determined by performance evaluations [2]. Group 2: Senior Management Compensation - Senior management's compensation (excluding directors) also comprises a monthly salary and an annual bonus, with similar structures for salary determination and bonus allocation based on performance evaluations [2]. - The compensation and allowances are calculated based on the actual tenure of the individuals [2]. Group 3: Implementation and Governance - The plan is effective immediately and authorizes the company's management to implement the specific disbursement details [2].

Fund Utilization - As of December 31, 2024, the company has four fundraising special accounts, with specific details on the actual use of raised funds available in the attached report [1] - The company has not used idle raised funds to temporarily supplement working capital as of December 31, 2024 [1] - The company approved the use of up to RMB 120 million of temporarily idle raised funds for cash management, investing in low-risk, high-liquidity products [1] Project Adjustments - The company has made adjustments to the implementation methods and locations of three fundraising projects due to ongoing challenges in land construction and the need for time to complete digital production workshops [3][4] - The total investment amounts for the projects have been reduced, with specific adjustments detailed for each project [3] Surplus Fund Management - The company has permanently supplemented working capital with surplus funds from a completed project, amounting to RMB 8.938 million, while retaining special accounts until all pending payments are settled [2] Compliance and Reporting - The company has strictly adhered to relevant laws and regulations regarding the storage and use of raised funds, ensuring timely and accurate disclosures [6] - There are no violations in the management and use of raised funds as of December 31, 2024 [6] Profit Distribution - The company plans to distribute a cash dividend of RMB 1.10 per 10 shares, totaling approximately RMB 9.639 million, which represents 36.69% of the net profit attributable to shareholders for the year [81][82] - The profit distribution plan is subject to approval at the upcoming annual shareholders' meeting [83] Audit and Governance - The company has proposed to reappoint Tianjian Accounting Firm as the auditor for the 2025 fiscal year, with the decision pending shareholder approval [8][73] - The audit committee has evaluated the performance of the accounting firm, affirming its compliance and capability to conduct audits effectively [75]