<div id="readability-page-1"><div><div><p><strong>Tesla Inc.</strong> <span>TSLA</span> has urged shareholders to vote in favor of the recommendations laid down by the Board of Directors, including the new compensation package for CEO <strong>Elon Musk</strong>, ahead of November's annual shareholder meeting.</p><h2>Tesla Urges Shareholders To Vote</h2><p>In a post shared on the social media platform X on Monday, the company urged its shareholders and investors to vote in support of the Board. &#34;Our next chapter will help create a world we've only begun to imagine &amp; put the world on a path towards sustainable abundance for all,&#34; referring to the Master Plan IV released by the company, which focuses heavily on Robotics and AI.</p><p>&#34;We are asking shareholders to vote with our Board's recommendations on *all* proposals,&#34; the company said and added guidance on how they can vote during the process.</p><h2>$1 Billion Stock Purchase, Piper Sandler's Bullish Stance</h2><p>The news comes as Musk recently bought over $1 billion worth of Tesla stock, which led to a surge in the share price, which was already picking up momentum due to reports that suggested that Tesla would surpass Q3 delivery expectations laid down by analysts.</p><p>Investment bank <strong>Piper Sandler</strong> also reiterated its bullish stance on Tesla, upgrading the company's price target to $500, a 16% upside from its current share price. The investment bank updated its price target following a visit to China, where it met with officials from major Chinese automakers, some of whom said that they look towards Tesla for guidance.</p><h2>Robyn Denholm Hails Musk, Wartime CEO Mode</h2><p>Meanwhile, <strong>Robyn Denholm</strong>, Chair of the Tesla Board of Directors, recently issued a statement to shareholders of the company calling Musk a &#34;once-in-a-generation visionary&#34; and reiterating her support for Musk's role as the CEO of the company.</p><p>Elsewhere, <strong>Wedbush Securities</strong>' Tesla Bull <strong>Dan Ives </strong>recently said that AI and Robotics presented a $1 trillion opportunity for Tesla, which was boosted by Musk being in his &#34;Wartime CEO&#34; mode, according to the investor.</p><p>Tesla scores well on Momentum and Growth metrics, while offering satisfactory Quality, but poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!</p><p><em>Check out more of Benzinga's Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Tesla's Good News Could End In 2 Weeks, Followed By ‘Long Winter,' Says Ross Gerber Amid TSLA Stock Rally</li> </ul><p><em>Photo courtesy: Ken Wolter / Shutterstock.com</em></p></div></div></div>

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<p>Tesla Inc. has urged shareholders to support a $1 trillion compensation package for CEO Elon Musk ahead of the annual meeting. The company emphasized the importance of voting in favor of the Board's recommendations, linking it to their Master Plan IV focused on Robotics and AI. Musk's recent $1 billion stock purchase has positively impacted share prices, with Piper Sandler upgrading Tesla's price target to $500. Chair Robyn Denholm praised Musk as a visionary, while investor Dan Ives highlighted a $1 trillion opportunity in AI and Robotics for Tesla.</p>

- Tesla Inc. has urged shareholders to support the Board of Directors' recommendations, including a new compensation package for CEO Elon Musk, ahead of the annual meeting in November.  
- The company highlighted its Master Plan IV, focusing on Robotics and AI, and noted Musk's recent $1 billion stock purchase, which boosted share prices amid positive Q3 delivery expectations.  
- Investment bank Piper Sandler upgraded Tesla's price target to $500, citing strong momentum and growth potential, while Board Chair Robyn Denholm praised Musk's leadership.

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Tesla Urges Shareholders To Vote In Favor Of $1 Trillion CEO Compensation Package For Elon Musk