๐๐๐The vote on Elon Musk's USD 1 Trillion pay package is more than a compensation package. It is a referendum on Tesla's soul. On November 6, shareholders must decide : reward the architect of Tesla's $Tesla Motors(TSLA)$ or rein in the power of a man who shaped Tesla.
The Case for Yes: Vision, Velocity and Value :
Tesla Chair Robyn Denholm has made it clear : without Elon Musk, Tesla risks losing its edge. She is not just defending a paycheck. She is defending a legacy. Elon Musk's leadership has driven Tesla's dominance in EVs, AI and Robotics. His fingerprints are on every breakthrough : Full Self Driving, Optimism, Gigafactories and the AI Chip roadmap.
The package would grant Elon Musk 423 million additional shares, potentially making him the world's first trillionaire.
Denholm warns that Tesla could lose significant value if Musk walks away.
Supporters like ARK Invest and Florida's pension board argue that this is about retaining genius, not rewarding it.
The Case Against: Power, Precedent and Principle
Not everyone agrees. Proxy advisors ISS and Glass Lewis have urged shareholders to vote No, citing concerns over governance, concentration of power and the sheer scale of the package.
Critics argue that Musk already holds immense influence and this package would tilt the balance further.
Major funds like Calpers and New Yoek's pension board oppose the plan, warning it sets a dangerous precedent.
Some call it corporate excess, others call it worship.
For skeptics, this vote is about protecting Tesla's integrity. This is about saying that no one is bigger than the mission.
My Personal Take
I believe that Elon Musk is integral to Tesla's success. Without him, Tesla would flounder, not just in leadership but in spirit.
Tesla is Elon Musk's baby. I cannot imagine Tesla without Elon Musk.
If Elon Musk walks away from Tesla, I believe Tesla risks becoming ordinary: A car company. A Tech firm. A brand without any soul.
Elon Musk is absolutely integral to Tesla's success. He made Tesla synonymous with the future. Elon Musk is Tesla's soul. While his flaws are real, but so is his fire. Without him, Tesla loses its edge, its audacity and its emotional gravity.
So I would vote Yes to Elon Musk's USD 1 Trillion pay package. His goals are lofty. Elon Musk must lead Tesla to extraordinary milestone in order to receive this pay package. This includes raising Tesla's market cap to USD 8.5 trillion by 2035 and hitting a series of ambitious operational and financial targets. He would not receive a dime unless these goals are met.
So extraordinary goals deserve extraordinary reward. If Elon Musk achieve these high hard goals, I believe his USD 1 Trillion package is well deserved.
The big question is can Tesla do without Elon Musk and whether Tesla can continue to thrive.
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