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Tesla proposes new pay plan for Musk that would expand his voting power

1. Tesla proposes a new pay plan for CEO Elon Musk based on ambitious milestones. 2. Musk's compensation includes 12 share tranches upon hitting targets over the decade. 3. First award requires near doubling of Tesla's market cap to $2 trillion. 4. Targets include 20 million vehicles produced and delivered, and 1 million Robotaxis. 5. Musk's performance aims to create $7.5 trillion in shareholder value.

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FAQ

Why Bullish?

The ambitious targets may drive investor confidence and market optimism. Historical examples include Musk's previous compensation plans boosting stock value during targeted growth phases.

How important is it?

The structure of Musk's compensation aligns with Tesla's growth goals, potentially influencing stock performance significantly. The focus on outstanding performance can attract long-term investors.

Why Long Term?

The ten-year timeline reflects a focus on sustained growth and future profitability, which may enhance long-term investment sentiment.

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