Overview
- Shareholders backed the package with more than 75% support at Tesla’s Nov. 6 annual meeting.
- The award grants Musk stock worth up to $1 trillion only if long‑term performance milestones are achieved through 2035.
- Targets include lifting Tesla’s market value to about $8.5 trillion by 2035, compared with roughly $1.5 trillion today.
- Operational goals cited in coverage include deploying 1 million self‑driving robotaxis, selling 20 million cumulative vehicles, and delivering 1 million humanoid robots.
- Proxy advisers ISS and Glass Lewis urged a vote against the plan, while Tesla sought support with a dedicated website and social‑media video ads aimed at retail investors.