Tesla has proposed a new 10-year compensation scheme for CEO Elon Musk, which can also be as $ 1 trillion as the EV manufacturer’s car business and it sets its spaces on Humanoid robotics and AI.
The company has tied compensation to several benchmarks, one of which involves increasing Tesla’s overall assessment to more than $ 1 trillion to more than $ 8 trillion. The scheme will provide more than 423 million additional shares in the company, increasing their level of control to about 25%. Musk has earlier threatened to leave Tesla if he did not get much voting power.
The proposal will be voted at Tesla’s annual meeting by shareholders, which is scheduled at the end of this year. Details of the plan came exactly one month after the company announced $ 29 billion compensation package To create a plan killed by a judge in delaware.
Tesla wrote the shareholders in a filing with the Securities and Exchange Commission that the company believes that the world is on a “important divine point” in society, and claims that it can “offer” innovative and cheap techniques “in the era of” sustainable abundance “.
“Tesla can help in bringing a society that democratizes autonomous goods and services,” the company wrote.
Tesla wrote that Musk’s “monotony vision” “is” important “to navigate this important divine point. It cited the company Recently published “Master Plan Part IV,” who states that Musk “was unveiled,” Even though the CEO barely accepted it, apart from agreeing to agree that it lacked the specifics.
