Differing opinions among Tesla supporters regarding CEO Elon Musk's leadership have emerged. Analyst Dan Ives urges the Tesla Board to implement stricter controls over Musk's time and political activities due to a pivotal transition phase towards autonomous driving. Ives proposes a three-point strategy, including an incentive-driven pay package with increased voting power for Musk, set guidelines for his commitment to Tesla, and an oversight committee for monitoring. Meanwhile, Cathie Wood expresses unwavering confidence in Musk's leadership.
Tesla is at a critical point in its history, transitioning from an EV maker towards an entity more focused on autonomous driving and robotics. A three-point plan is necessary to maintain proper leadership until the end of the decade.
Ives recommends a new incentive-driven pay package for Musk, increasing his ownership of Tesla to approximately 25% voting power. Additionally, he suggests that clear guidelines should be established for Musk's time commitment to Tesla operations.
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