More than 75% of Tesla shareholders voted in favour of CEO Elon Musk’s latest compensation plan, which could be worth up to $1trn if all milestones are hit.
The tiered package consists of stock options only with no cash compensation, tied to market cap milestones ranging from $2tn to $8.5tn, coupled with operational targets such as vehicle deliveries, FSD subscriptions, and profitability.
Musk also announced that Cybercab production will start in April 2026, and the Robotaxi programme is expanding with Miami, Dallas, Phoenix, and Las Vegas coming soon.
The shares remained flat in premarket trading.
Our view
HL view to follow.
Tesla key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
This article is not advice or a recommendation to buy, sell or hold any investment. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment.