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Tesla CEO Elon Musk visits the Saudi-Saha, Riyadh Investment Investment Forum, Saudi Arabia, May 13, 2025.
Hamad and Mohammed | Reuters
Tesla asks investors to approve another non -barbed Payment plan For the CEO Elon MuskAccording to the financial submission of Friday.
The proposed compensation plan Musk, which was already wealthy in the world, consists of 12 tranches of stock milestone over the next decade. It would also give the Muscan strengthening of the voting power over EV manufacturer and a novice robotics titan that he has publicly in demand Since the beginning of 2024.
Tesla Chairman Robin Denholm told Andrew Rosa Sorkin CNBC that the plan was designed to preserve the CEO “motivated and focused on the delivery of the company”.
“If he performs when he gets into the super ambitious milestones in plan, he receives capital – it is 1% for each half a million market capitalization, as well as the operational stages he must achieve to do it,” Denholm said at Squawk Box.
In order to receive the first reward in the plan, the mask and Tesla would almost double their current market capitalization to reach $ 2 trillion, as well as achieve the production and supply of cumulative 20 million cars.
Among the additional goals in order to achieve Musk to the CEO of 2025: EBITDA’s adjusted targets, deploying products “, including 1 million roboticis in commercial work and delivery of 1 million AI bots” and ultimately “should create almost 7.5 trillion dollars.
Musk remained politically involved, as well as managed a collection of companies, including aerospace and defense contractor Spacex, Brilling Venture The Borying Company, Health Tech Company Neuralink and Venture with Artificial Intellect, XAI, which united with his social network, XAI.
On Friday, Tesla also said she asked for shareholders at a meeting on November 6 to vote about whether the company should invest in the latest Moscow, XAI enterprise.
Musk at first swimming this idea publicly with informal X poll in July last year, asking whether to invest Tesla 5 billion dollars in XAI.
Founded at the beginning of 2023 in Nevada, XAI was united with the social network Musk X earlier this year. Now the company manages the massive data center in Memphis and plans to create another facility there to help train and run its large language models and chat called Grok.
One -day Tesla stock schedule.
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The new proposal for Pay for Moscow is coming after the last year, Kancantler decided that his payment plan for 2018 was excessive, was inappropriately provided by the Tesla Council and should be canceled.
In this case, the judge Tornetta v. Musk believed that TESLA CEO controlled the pay negotiation negotiations, and his board of directors did not give shareholders that they had the right to inform them that they had to vote to approve the Musk remuneration plan.
The case is now in the appeal.
This is conducting the news. Please update updates.
