Summary:
- Tesla is asking its shareholders to approve a $29 billion compensation package for CEO Elon Musk. This package is designed to incentivize Musk to stay with the company and help it grow in the future.
- The compensation package is tied to Tesla's performance and growth, including reaching certain milestones in areas like revenue, profitability, and market capitalization.
- The package is part of Tesla's efforts to attract and retain top talent in the competitive artificial intelligence (AI) industry, as the company looks to expand its AI capabilities to power its electric vehicles and other technologies.