Just now, Tesla ended the 2024 shareholders’ meeting, and Musk won a great victory.
Not only did he receive a salary of $56 billion, but he also supported the company’s registered address to move from Delaware to Texas, which also allowed Musk to recreate the famous scene at the shareholders’ meeting – passionate dancing.
“I’m so excited, I love you so much!”
Of course, in addition to achieving his core demands, Musk also revealed a lot of key information at the conference, including but not limited to:
Tesla is developing three new models LFP battery car;
CyberTruck has achieved a production record of 1,300 units per week;
Tesla will launch a vehicle sharing program, similar to Uber plus Airbnb;
“Limited production” of Optimus Prime will begin in 2025;
Tesla has completed the design of Hardware 5;
Tesla’s factory is expected to deploy more than a thousand humanoid robots next year;
Successful rights protection and wage collection
As the first step of the shareholders’ opening, the vote decided 12 resolutions, including the confirmation of Musk’s $56 billion (about RMB 406 billion) stock option award and the relocation of the company’s registered place to Texas.
Among the 12 resolutions, all five company proposals and two board proposals were passed, including the election of two Class II directors, approval of executive compensation, approval of Tesla’s relocation to Texas, confirmation of Elon Musk’s stock option award and confirmation of PricewaterhouseCoopers as an independent accounting firm.
In fact, a few hours before the shareholders’ meeting, Musk announced on the social media platform X: “Both Tesla shareholder resolutions are being passed with a large advantage.”
Now that the shoe has landed, Musk, who has not received a penny of salary for many years, has finally succeeded in collecting his salary, which also marks the official birth of the highest salary in the history of the automotive industry.
When the voting results were announced, the atmosphere at the scene reached its climax. Not only did the shareholders in the venue stand up and applaud, but Musk also danced in the venue and then thanked the shareholders, “I love you so much.”
Then he emphasized, “I am someone who can deliver results. (I do deliver!)” He also said that the compensation plan does not allow him to quit halfway, “This is not what I want to do.”
