Threaten shareholders? Tesla: Without 25% voting rights, it's better to work on AI and robotics outside of Tesla.

Recently, there has been a discussion on Tesla's equity incentive plan on X. Several Tesla fans urged a new salary plan for Tesla on X, saying that the CEO has been working for the company "for free" since the end of 2022, but some fans think that no additional salary plan is needed. **Tesla itself is quite dissatisfied with its current holdings and expects to gain greater control of Tesla. * * On Monday, local time, Tesla posted a response saying that * * without 25% voting control, he would rather develop artificial intelligence products outside Tesla. * * He pointed out that Tesla is actually a collection of more than a dozen start-ups. He questioned:> If holding stock is enough incentive in itself, why don't Fidelity and other people who hold similar shares with me come to work?> > ! Tesla is one of Tesla's largest shareholders, owning more than 12% of Tesla's shares. in another post, he also expressed the concern of being "overrided":> if I have 25% voting control, it means I am very influential, but if there are twice as many shareholders who vote against it as shareholders who vote in favor, I will be overrided, **I can be overruled by an up/down vote ratio of 15% or less, which makes the company vulnerable to acquisition by suspicious interests. ** > > I hope to adopt a two-tier structure to achieve this goal, but I heard that it will not be possible after listing in Delaware.>> ! It is worth mentioning that Tesla has not received a cash salary from Tesla since 2019. He holds Tesla stock and options, and under a 2018 compensation plan, if the company meets certain financial goals, he will unlock option rewards in batches, buy more shares at a lower price, and then sell them, thereby earning huge income. **Tesla confirmed in early 2023 that Tesla had received the last remaining tranche of options awarded to him by the 2018 compensation package. This means that the CEO does not currently have any compensation package. **In response to this issue, Tesla explained that the reason why there is no new compensation plan is because the company is still waiting for the judgment of the Delaware compensation case. Tesla is grappling with shareholder discontent over a range of issues, from Tesla's succession plans to accusations that he was distracted from X's work. Tesla has also been hit by a series of negative news, car rental giant Hertz will sell 1/3 electric vehicles to buy petrol cars, another price cut in China, and signs of rising labor costs. After more than doubling its share price in 2023, Tesla shares are down about 12% this year, wiping out more than $94 billion in market value.!