On November 7th, Tesla held its annual shareholder meeting at its Gigafactory in Austin, Texas. After counting the votes from both the on-site and pre-voting, shareholders approved CEO Elon Musk's new round of compensation incentive plan with over 75% in favor. This is a performance-based plan with a potential value of up to approximately $1 trillion, under which Musk will gradually receive 423.7 million restricted stock units (RSUs) if he meets market capitalization and operational targets over the next ten years.
Shortly after the compensation plan was approved, Tencent Technology learned exclusively that Zhou Hengxing, founder of the English tech media Pandaily and author of &#34;The Altman Biography,&#34; communicated with Musk: &#34;Hi Elon, congratulations on winning the big compensation package! (At the shareholder meeting) your dancing with the Optimus robot was really good. By the way, have you seen the video of the XPeng robot? It walks like an elegant lady, maybe it's another 'Game on' moment.&#34;
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c55f9fe3-c9dc-402f-802e-ccfb97bdd74a.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c55f9fe3-c9dc-402f-802e-ccfb97bdd74a.png"/>
Content of the text exchange between Musk and Zhou Hengxing
On November 5th, XPeng released its next-generation humanoid robot IRON. The movement trajectory of IRON is very similar to that of humans, especially its gait, which is as natural and fluid as a human's &#34;catwalk,&#34; attracting widespread attention.
In response, Musk replied: &#34;Not bad. Tesla and companies in China will dominate the (future humanoid robot) market. Other companies in the West are not strong enough. I have great respect for competition from China, as there are so many smart and hardworking people there.&#34; Musk then liked Pandaily's updates regarding the XPeng humanoid robot IRON.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/fba1a3d7-79b1-441e-8fbd-87bcc2b8a384.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/fba1a3d7-79b1-441e-8fbd-87bcc2b8a384.png"/> Musk liked the updates regarding the XPeng humanoid robot IRON
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/256d1405-5edf-48d8-a898-9a2aa7e534b1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/256d1405-5edf-48d8-a898-9a2aa7e534b1.png"/>
Content of Pandaily's updates
Zhou Hengxing conveyed this conversation to XPeng founder He Xiaopeng and shared his reply with Musk. He Xiaopeng responded: &#34;I'm very happy that Elon won at this shareholder meeting, and I also voted in support. Additionally, I believe Tesla's robots and Robotaxi will do great, looking forward to even greater success.&#34;
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/86504fcd-0b02-4f78-a038-1337c3009d85.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/86504fcd-0b02-4f78-a038-1337c3009d85.png"/>
Content of text message exchange between Musk and Zhou Hengxing
Author of this article: Helen, Source: Tencent Technology, Original title: &#34;Musk and Xiaopeng's Interaction: Tesla and Chinese Companies Will Dominate the Market | Exclusive&#34;
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At Tesla's annual shareholder meeting in Texas, shareholders approved Musk's new compensation incentive plan with over 75% of the votes, with a potential value of approximately $1 trillion. Musk interacted via text message with XPeng founder He Xiaopeng to discuss XPeng's newly released humanoid robot IRON. Musk stated that Tesla and Chinese companies will dominate the future market and expressed respect for XPeng's robot. He Xiaopeng also congratulated Musk on his success

- On November 7, Tesla held its annual shareholder meeting in Austin, Texas, where over 75% of shareholders approved CEO Elon Musk's new compensation plan, potentially worth around $1 trillion.  
- This plan allows Musk to earn 423.7 million restricted stock units (RSUs) if Tesla meets its market and operational goals over the next decade.  
- Following the approval, Musk engaged in a conversation with Zhou Hengxing, founder of Pandaily, expressing respect for competition from Chinese companies, particularly in the humanoid robot market.

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Elon Musk and Xiaopeng Motors interact from a distance: Tesla and Chinese companies will dominate the market