""What we're about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book," Musk said on the neon-lit stage after the vote, while an Optimus robot danced behind him."
""With this pay package now voted positively, keeping Tesla's biggest asset, Musk, as its leader for the foreseeable future, we continue to believe that the AI valuation is getting unlocked," he wrote in a note on Thursday."
""There are significant hurdles that TSLA must achieve to unlock this pay package, including 20 million vehicle deliverie s, 10 million active FSD subscriptions, 1 million Optimus robot deliveries and 1 million robotaxis in commercial operation," he wrote."
Seventy-five percent of Tesla shareholders approved Elon Musk's proposed $1 trillion, performance-based CEO pay package contingent on meeting specific performance metrics over the next decade. The package ties payouts to ambitious targets such as tens of millions of vehicle deliveries, millions of active Full Self-Driving subscriptions, and large-scale Optimus robot and robotaxi deployments. Supporters argued the vote helps retain Musk as Tesla's leader and could unlock AI-driven valuation gains, while analysts cautioned that many operational hurdles must be cleared to realize payments. Some groups warned the plan lacks accountability and could incentivize speed over safety. Tesla stock rose about 2% after hours.
Read at Business Insider
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