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2025-09-13 16:38:36
Tesla recently submitted a highly controversial CEO compensation proposal to its shareholders' meeting. The proposal would grant Musk up to 423.7 million shares of stock, contingent on the company achieving a series of challenging performance targets. This ten-year "bet" is considered the largest executive compensation package in US corporate history. According to the proposal, Musk's stock incentives will be unlocked in 12 phases, each requiring the simultaneous achievement of market capitalization, operating, and profit targets. The market capitalization threshold will start at $1.1 trillion, with the initial requirement reaching $2 trillion, followed by $500 billion increments each phase, ultimately aiming for $8.5 trillion—nearly eight times Tesla's current market capitalization and equivalent to creating two Nvidias. The agreement mandates a full shift in Tesla's business towards robotaxis, fully autonomous driving (FSD), and humanoid robots, marking the company's strategic transformation from a traditional automaker to a technology platform. Analysts believe the proposal will deeply bind Musk to Tesla for the next decade, but it has also sparked widespread market controversy due to its ambitious targets. The final voting results of the shareholder meeting will be a key decision affecting Tesla's long-term development
