Elon Musk urges Tesla shareholders to participate in the next annual meeting of the company, describing the vote decisively not only for the auto industry but it is likely to be the world.
“This vote on the shareholders decides the future of Tesla and may affect the future of the world,” Musa has published X, with a focus on the importance of the proposals that will be voted at at the next meeting on November 6, 2025.
A pivotal turning point
In a letter from her official account, Tesla described herself as a “critical turning point” where she is preparing for her annual meeting. The shareholders will soon receive voting instructions, as the company requires investors to support the recommendations of the Board of Directors regarding all proposals. The post also referred to the main plan in Tesla, the fourth part, which determines the ambitious growth goals through vehicles, energy and artificial intelligence.
“Tesla at a critical turning point. We need your vote before our annual meeting of 2025 on November 6. Tesla shareholders will soon receive our company’s owners, control and vote numbers from their brokers. This will enable you to vote.
The company also highlighted that it is currently on a “huge wave of transformational growth”. Tesla emphasized that the confidence in the Music leadership is essential in this path, because he is the CEO who can lead Tesla to his ambitious new age.
Some major proposals
Two proposals are highlighted in Tesla recommendations, according to the company’s Fottesla.com website. The first seeks to amend the 2019 stock incentive plan from Elon Musk, creating a special reserve from about 208 million shares to grant the Board of Directors flexibility amid the continuous litigation of the 2018 Executive Performance Award in Musk. It also calls for renewing public shares reserves with 60 million additional shares, ensuring the ability to grant employee shares.
“The stocks are the cornerstone of Tesla’s compensation philosophy. We believe that we need a framework that allows us to honor the deal that we justified with Elon and the extraordinary value that he created for Tesla shareholders under the 2018 CEO performance award.
The second suggestion is the CEO of 2025 CEO, which is a paid performance framework that links Musk compensation to reach the maximum ambitious market and operational monuments. Under the plan, Musk will not earn something that Tesla has not achieved unusual results, which may create more than $ 7 trillion of shareholders ’value and pay the company’s evaluation to 8.5 trillion dollars. The company also asked shareholders to vote for the re -election of three managers: Era Erenbress, Joe Giba, and Cathlein Wilson Thompson.
