Core Points - Tesla is urging shareholders to support a historic $1 trillion compensation plan for CEO Elon Musk, which will be voted on at the upcoming shareholder meeting in November [1][2] - The company has launched an extensive advertising campaign across various social media platforms to persuade shareholders to back the compensation proposal, which includes the issuance of more shares [2] - Musk has linked the compensation plan to the future of Tesla, emphasizing that it is not just about money but about maintaining control over the company to ensure safety as they scale production [3] Group 1 - Tesla is known for its opposition to advertising, yet it is currently running ads to support Musk's compensation plan [1][2] - The advertising campaign includes platforms like Google, Instagram, Facebook, and Reddit, aiming to encourage shareholder votes in favor of the plan [2] - The board has stated that supporting the compensation plan will determine Tesla's future [3] Group 2 - Musk has expressed concerns about being ousted by activist shareholders who do not hold Tesla stock, framing the compensation plan as essential for retaining his influence over the company [3] - The company has previously reduced its advertising efforts after Musk's acquisition of Twitter (now X), but has since resumed advertising to support the compensation proposal [1][2]

贝尔德分析师Ben Kallo与Davis Sunderland表示，特斯拉未来数年的高管薪酬方案及资本支出计划表明，该公司在产品推出与市值增长两方面均设定了雄心 勃勃的目标。两位分析师已将特斯拉股票评级从"中性"上调至"跑赢大盘"。特斯拉董事会提出了一系列新的产品、财务及市值里程碑目标，这些目标与首席 执行官马斯克的新薪酬方案挂钩。分析师认为，这一薪酬方案是未来十年"激励并留住马斯克"的重要手段。根据这些里程碑目标，分析师估算，到2035年特 斯拉股价将达到每股1400至3000美元。此外，马斯克斥资约10亿美元购入260万股特斯拉股票的举动，也被分析师视为其对公司"投下信任票"的体现。 特斯拉(TSLA.US)盘中涨3%，报429.47美元。贝尔德上调特斯拉评级至"跑赢大盘"， 股价有望翻数倍。 ...

Core Viewpoint - Tesla's ambitious executive compensation plan and capital expenditure strategy indicate strong goals for product launches and market capitalization growth, leading analysts to upgrade the stock rating from "neutral" to "outperform" [1] Group 1: Executive Compensation and Goals - Tesla's board has proposed new product, financial, and market capitalization milestones linked to CEO Elon Musk's compensation plan, which is seen as a crucial method to incentivize and retain Musk over the next decade [1] - Analysts estimate that based on these milestones, Tesla's stock price could reach between $1,400 and $3,000 per share by 2035 [1] Group 2: Analyst Insights - Analysts Ben Kallo and Davis Sunderland view Musk's recent investment of approximately $1 billion to purchase 2.6 million shares of Tesla as a strong vote of confidence in the company [1]

| 最高价 396.690 | | 开盘价 370.940 | | 成交额 654.98亿 | 市盈率(静) 194.09 | 总股本 32.25亿 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 最低价 370.240 | | 昨收价 368.810 | | 成交量 1.68亿 | 市盈率 TM 235.68 | 总市值 1.28万亿 | | | | 分时 | 多日 | 日K 周K 月K | 季K 年K | 分钟 Tick | 1天:1分K | | | | | | 盘前总额 32.12亿 | 盘前总量 763.59万 | 最高价 430.360 | 最低价 397.560 | | | | 品前分时 ▽ ○ G | | 430.030 | | | | | | | | 8.61 | | 427.595 | | | | | | | | 7.99 | | 425.590 | | | | | | | | 7.49 | | 422.725 | | | | | | | | 6,76 | | 420.290 | | | | | | | | 6. ...

Core Viewpoint - Tesla's board has approved a $1 trillion, 10-year compensation plan for CEO Elon Musk, aimed at retaining him and addressing concerns about the company's technological prospects [2][3]. Group 1: Compensation Plan Details - The compensation plan is described as a "super ambitious incentive plan" with high profitability and market value targets [2]. - Musk is granted 96 million restricted shares, valued at over $31 billion based on Friday's trading price, which will vest over the next two years [2]. - Equilar estimates that Musk's total compensation could exceed $113 billion by 2025 [2]. Group 2: Shareholder Reactions - Despite potential legal challenges, compensation experts believe the plan is likely to receive shareholder approval [3]. - Major external shareholders, including Vanguard Group, BlackRock, and State Street, have not publicly stated their voting intentions [3]. - Concerns have been raised by union leaders and public finance officials regarding the implications of the compensation plan [3]. Group 3: Criticism and Governance Concerns - Critics argue that the plan reflects a broader societal issue of wealth concentration among a few capital holders, which may not be sustainable [3]. - Some analysts question whether Musk deserves such a high compensation given the company's challenges and his behavior outside of Tesla [4][5]. - There are concerns that the board's decision may set a poor precedent for corporate governance [4]. Group 4: Market Performance - Tesla's stock price closed up 3.6% at $350.84, but has seen a year-to-date decline of 13% due to worries about its electric vehicle business and increasing competition [6].

Core Viewpoint - Tesla has approved a stock award of 96 million shares to Elon Musk, allowing him to purchase them at $23.34 per share, valued at approximately $29 billion, emphasizing the importance of retaining Musk in the company [1][2][3]. Group 1: Stock Award Details - The stock award is part of Tesla's 2019 equity incentive plan, with Musk required to remain CEO or in a senior operational role for the shares to vest after two years [2][3]. - Musk's purchase price of $23.34 per share is consistent with the price from a previous award in 2018 [3]. - The special committee stated that this award is a significant step in compensating Musk for his extraordinary contributions to Tesla and its shareholders [3][4]. Group 2: Market Reaction - Following the announcement, Tesla's stock price surged nearly 3% in pre-market trading [5]. Group 3: Legal Context - Musk's previous compensation plan, which could have granted him 12% of Tesla's stock options, faced legal challenges, with a court ruling it as excessive and unfair [6][7]. - Musk has since filed a lawsuit to restore his $56 billion compensation plan, arguing that the court's decision was flawed [7].

Core Points - Tesla's board has established a special committee to review and potentially adjust CEO Elon Musk's compensation structure, considering new stock options [1] - The committee is in the early stages of deliberation, and it remains uncertain whether a new compensation proposal will be made for Musk [1] - Any new stock options will depend on Tesla's ability to meet operational, financial, and stock price targets [1] Summary by Sections Compensation Review - The special committee is chaired by Robyn Denholm and includes Kathleen Wilson-Thompson, who previously reviewed Musk's compensation plan after it was revoked in 2018 [1] - In 2018, Tesla approved a performance-based compensation plan for Musk valued at $56 billion, which was the largest executive compensation plan in history at that time [1] Legal Disputes - Musk has been in a legal dispute with the Delaware court regarding the high compensation amount for seven years [2] - In January 2024, a Delaware judge ruled that Musk's compensation plan was excessive and revoked it [2] - Despite a shareholder vote in June to restore the compensation plan, the court reaffirmed its decision, leaving Musk without access to the compensation [2] - Musk has appealed the ruling, claiming legal errors were made in the cancellation of the compensation [2] - If the appeal fails, any new compensation agreement may require explicit approval from shareholders and could involve larger amounts due to Tesla's valuation since 2018 [2]