Group 1 - The core proposal involves Elon Musk potentially receiving a pay award of approximately $1 trillion over the next decade, contingent on achieving specific performance targets [1][2] - Musk would not receive a salary or bonus but would earn company shares based on ambitious goals related to Tesla's market share, sales, revenue, and overall company value [2][3] - To unlock the share tranches, Tesla must reach a market valuation of $2 trillion and deliver 20 million vehicles, which is nearly double its current valuation and delivery numbers [3][4] Group 2 - Over the next decade, Tesla would need to achieve a valuation of around $7.5 trillion, which is nearly eight times its current worth, and deliver fewer than two million vehicles in 2024 [4] - The delivery targets also include having one million robotaxis in commercial operation and delivering one million artificial intelligence bots [5] - Musk must remain with Tesla for at least 7.5 years to cash out on any stock and 10 years to earn the full amount of the proposed award [5][7] Group 3 - The final tranches of the plan require Musk to develop a succession plan for his CEO role, and he would gain additional voting rights within Tesla [7] - Investors are set to vote on this proposal at Tesla's annual shareholders meeting on November 6 [8] - Recently, the Tesla board approved a $29 billion share award to Musk after a court blocked a previous package worth nearly double that amount [8]