Golden Ten Data November 11th: Elon Musk’s $1 trillion compensation plan at Tesla (TSLA.O) has eliminated a major unresolved issue—the possibility that the company’s top executive might leave to develop physical AI products elsewhere. Although the headline value of $1 trillion is shocking, Truist analysts stated in a research report that this compensation plan is more about controlling voting rights to ensure Musk’s leadership and influence. We believe Musk’s new compensation plan is highly aligned with equity interests because it will only be awarded if the company achieves continuously higher market capitalization levels and a series of operational goals, the analysts wrote. We note that if all of Musk’s rewards are granted, the stock price could be 384% higher than today.