Core Viewpoint - Tesla's shareholders have approved an unprecedented executive compensation plan that could allow Elon Musk to earn nearly $1 trillion in stock rewards over the next decade if the company's market value reaches $8.5 trillion, representing a growth of over 500% from its current valuation [2][8][14]. Group 1: Compensation Plan Details - Over 75% of shareholders voted in favor of the compensation plan, which is tied to ambitious performance targets [8][11]. - To fully realize the rewards, Musk must lead Tesla to deliver 20 million electric vehicles, 1 million humanoid robots, and 1 million operational Robotaxis [8][11]. - The plan is structured over a 10-year period with 12 phases, each with specific market value and operational goals [11]. Group 2: Market Impact and Predictions - Analysts predict that Tesla's market value could reach $3 trillion within the next 12 to 18 months, driven by advancements in autonomous driving and robotics [14]. - Following the approval of the compensation plan, Tesla's stock price rose by 4.1% to $462, marking a 77% increase year-to-date [14]. Group 3: Robotics and AI Development - Tesla plans to start mass production of its humanoid robot, Optimus, next year, with the potential to revolutionize various industries [17][20]. - The company aims to produce 1 million units annually, with production costs projected to be around $20,000 per robot [19][20]. - The humanoid robot is expected to significantly expand the global economy, with Musk suggesting it could increase economic output by 10 to 100 times [19]. Group 4: Technological Innovations - Tesla is developing a specialized AI chip, AI 5, designed to optimize performance for its robots, with significantly lower power consumption and cost compared to competitors [29][32]. - The company is also planning to build a large-scale semiconductor factory to meet its chip production needs [32]. Group 5: Shareholder Sentiment and Opposition - Despite the overwhelming support from shareholders, some major institutional investors opposed the compensation plan, citing concerns over excessive power concentration [36][42]. - Notable figures, including the Pope, have expressed concerns about the implications of Musk becoming the world's first trillionaire [36].