Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics and AI.The company has tied the compensation to a number of benchmarks, one of which involves increasing Tesla’s overall valuation from around $1 trillion to more than $8 trillion. The plan would grant Musk more than 423 million additional shares in the company, boosting his level of control to around 25%. Mus ...

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Core Insights - Tesla's launch of robotaxis in Texas highlights the company's focus on AI technology and the competitive landscape for talent in the sector [1] - Meta Platforms is actively attempting to recruit top AI talent from Tesla, indicating a fierce competition for skilled professionals in the tech industry [2][6] - Tesla's senior engineer Yun-Ta Tsai emphasizes the importance of purpose and leadership under Elon Musk as key factors attracting talent to the company [3][4] Group 1: Talent Acquisition and Competition - Meta Platforms is reportedly making aggressive efforts to recruit Tesla's AI engineers, as evidenced by Tsai's experience with a recruiter [2][6] - The competition for AI talent is intensifying, with companies like Meta and OpenAI also facing similar challenges in retaining their top employees [6][8] - Tsai's comments reflect a broader sentiment that financial incentives alone are insufficient to attract talent, with a strong emphasis on purpose and leadership being crucial [3][4] Group 2: Employee Sentiment and Company Culture - Tsai's positive remarks about working at Tesla highlight the collaborative environment and the sense of purpose that employees feel, which contrasts with the pressures reported by some former employees [4][5] - Elon Musk's acknowledgment of the team's efforts reinforces the company's commitment to fostering a positive work culture despite the challenges [5] - The ongoing demand for exceptional talent in the tech sector necessitates that companies not only offer competitive compensation but also create a meaningful work environment [8]