The Day of All Dangers for Tesla

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AG Tesla Elon Musk

Tesla shareholders must vote today on Elon Musk’s new compensation plan.

A vote that could catapult the colorful CEO to become the world’s first trillionaire or push him to turn his back on Tesla. The compensation at stake is potentially valued at around $1 trillion if Tesla reaches a market capitalization of $8.5 trillion. To achieve this, the company will not only have to increase its stock value by 466% compared to today but also meet a series of operational and financial targets.

These goals are considered ambitious but realistic by the company and its analysts, though some doubts remain. The company is going through a challenging year, with declining sales and profits and the end of U.S. government support for electric vehicles. Musk and his teams remain optimistic, betting on the future. Robotaxis, autonomous cars, and humanoid robots are at the core of the growth strategy. But these products are still in development, and it is far from certain that the CEO will ever receive the full amount of shares promised.

Tesla is in a strong position

Despite everything, support for Musk is almost guaranteed. In the last vote, 84% of shareholders approved the compensation plan. Behind this support from a loyal community is the strong belief that Tesla needs Musk to enter the future of autonomous driving and robotics. Even the harshest critics believe the package will pass despite the total excess of the compensation. Imagine $275 million per day if the targets are met! Hard to defend among a company struggling to make ends meet and pay for its car lease.

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Some institutions, such as the Norwegian sovereign wealth fund and certain U.S. pension funds, have already announced their vote against, denouncing sky-high figures and the risk of dilution for other shareholders. Musk, for his part, has soberly labeled his opponents as “terrorists,” arguing that his influence over the company justifies such a substantial package.

Vox Populi, Vox Dei; we will find out this Thursday whether Musk potentially becomes the first trillionaire in history… or if Tesla will have to do without him!

ALSO READ: Tesla plays the emotional blackmail card around Elon Musk

This page is translated from the original post "La journée de tous les dangers pour Tesla" in French.

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