"More than two months ago, Tesla published its fourth "Master Plan," a gauzy post about how the company wants to spread "sustainable abundance" via its future products. Details remain woefully absent, but that hasn't stopped Tesla from making it the central prop in its bid to convince shareholders to hand CEO Elon Musk a compensation package worth $1 trillion at the company's annual meeting on Thursday."
"If that vote passes, the world's richest man would receive the biggest pay package in corporate history. When the "Plan" released it was so vague that it drew criticism from some of the company's biggest fans. Even Musk, who said that criticism was "[f]air" and claimed Tesla would "add more specifics," acknowledged the plan's lack of details."
"Musk has maintained he cares less about the money and more about retaining control over Tesla and the " robot army " he wants to build - and he has threatened to leave if the vote fails. Master Plan IV lies in stark contrast to prior "Master Plans" released by Tesla. Each of those included concrete goals and tangible ideas, though some were so lofty that Tesla has still not yet accomplished them. The third Master Plan, released in 2023, focused on creating a sustainable energy economy and came in the form of a 41-page white paper."
More than two months ago, Tesla published its fourth Master Plan, presenting a gauzy vision of spreading sustainable abundance via future products. The plan lacks specifics but has become central to Tesla's bid to secure shareholder approval for a $1 trillion compensation package for CEO Elon Musk. Musk has said he prioritizes retaining control and building a "robot army," and he has threatened to leave if the vote fails. Master Plan IV is markedly vaguer than previous plans, which contained concrete goals; the third plan was a detailed 41-page white paper focused on a sustainable energy economy.
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