Core Viewpoint - A coalition of Tesla shareholders, including SOC Investment Group and several state officials, is urging investors to vote against Elon Musk's $1 trillion compensation plan at the company's upcoming meeting in November [1][2] Group 1: Shareholder Concerns - The coalition has publicly criticized the board for allegedly making efforts to retain Musk, which they claim has delayed progress on key goals set during the last annual meeting [1] - The group also highlighted concerns over the company's declining operational and financial performance, stating that the board has "failed to provide meaningful real-time oversight" of management [1] Group 2: Compensation Plan Details - Tesla's board proposed a new compensation plan for CEO Elon Musk, potentially worth around $1 trillion, which is unprecedented in U.S. corporate history [2] - The plan aims to incentivize Musk to continue leading Tesla over the next several years, with a series of challenging performance benchmarks that must be met for him to receive full compensation [2] - Key targets include expanding Tesla's robotaxi business and increasing the company's market value from approximately $1 trillion to at least $8.5 trillion over a 10-year period [2] - If Musk meets the conditions of the plan, his ownership stake in Tesla could increase to at least 25% [2]