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Tesla's shareholder meeting approves Musk's $56 billion sky high salary plan

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On the early morning of June 14th, Tesla held its 2024 shareholder meeting at its headquarters in Texas, USA. Tesla announced the voting results at the shareholder meeting, including a $56 billion (approximately RMB 406.2 billion) compensation plan for Tesla founder Elon Musk and a resolution to relocate the company's registered address to Texas, which received the support of a majority of shareholders.
It is reported that during the voting process, shareholders approved all five proposals proposed by Tesla, the fourth of which is the compensation plan proposed by Tesla to shareholders in 2018, which grants Elon Musk a completely performance-based stock option. In 2018, Tesla shareholders approved Musk's sky high salary resolution with 73% of the votes in favor. If Tesla reaches a specific performance milestone, Musk is eligible to receive stock options worth $55.8 billion (approximately RMB 404.7 billion).
At the shareholder meeting, Musk stated that Tesla has produced over 6 million electric vehicles and is expected to exceed 7 million by the end of the year.
Tesla will launch an innovative vehicle sharing program, similar to Uber Plus Airbnb - Tesla owns a portion of its fleet, and customer vehicles can also join the operational queue to earn profits.
Musk believes that humanoid robots will enter our lives. It can be a powerful assistant for families, such as taking care of children, becoming an intelligent teacher for educating the next generation, and also capable of handling various tasks in factories. The next generation Optimus humanoid robots can even play the piano.
"Humanoid robots will become the mainstay of industry, with a number expected to surpass humans and reach 10-20 billion. Tesla aims to produce 1 billion units annually, occupying more than 10% of the market share.". Its cost is controlled at around $10000, with an estimated selling price of $20000, which will bring Tesla a market of 25-30 trillion yuan. Tesla's factory is expected to deploy over a thousand, or even thousands, humanoid robots next year. These robots will achieve higher-level autonomous operations, be able to directly respond to commands, and perform complex tasks. What's even more exciting is that they will have the ability to learn new skills through observing videos.
In addition, the conference revealed that Tesla's overcharged network is accelerating its expansion. In the second half of this year, the deployment investment of overcharged networks is expected to reach 500 million US dollars.
Tesla's stock price has fallen by approximately 27% this year. As of Thursday's close, Tesla's stock price rose 2.92%, followed by an additional 0.48% increase after hours.
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