Tesla Board Chair Robyn Denholm in new message to $TSLA shareholders: "Tesla is not led by an ordinary CEO - it is led by a CEO who has proven his ability to create extraordinary growth and value several times over. Elon Musk is a once-in-a-generation visionary and, under his continued leadership, we have the potential to become the most valuable company in history.' But this requires a one-of-a-kind compensation structure that both retains and incentivizes him to make our vision a reality. Our Board's Special Committee designed a 2025 CEO Performance Award to retain, motivate and incentivize Elon in a way that will be 100% aligned with Tesla shareholders. Building upon the successful framework of the 2018 CEO Performance Award, we have created a pay-for-performance compensation plan that will deliver tremendous value for shareholders. In other words, Elon will receive zero compensation, unless and until shareholders realize substantial value. Elon only gets compensated if shareholders win - and win big."