More than 2 months ago, Tesla published its 4th “Master Plan,” a gauzy station astir really nan institution wants to dispersed “sustainable abundance” via its early products. Details stay woefully absent, but that hasn’t stopped Tesla from making it nan cardinal prop successful its bid to person shareholders to manus CEO Elon Musk a compensation package worthy $1 trillion astatine nan company’s yearly gathering connected Thursday.
If that ballot passes, nan world’s richest man would person nan biggest salary package successful firm history.
When nan “Plan” released it was truthful vague that it drew disapproval from immoderate of nan company’s biggest fans. Even Musk, who said that disapproval was “[f]air” and claimed Tesla would “add much specifics,” acknowledged nan plan’s deficiency of details.
The station remains unchanged, contempt nan truth that it’s a centerpiece of Tesla’s relentless campaign.
Musk has maintained he cares little astir nan money and much astir retaining power complete Tesla and nan “robot army” he wants to build — and he has threatened to time off if nan ballot fails.
Master Plan IV lies successful stark opposition to anterior “Master Plans” released by Tesla. Each of those included actual goals and tangible ideas, though immoderate were truthful lofty that Tesla has still not yet accomplished them. The 3rd Master Plan, released successful 2023, focused connected creating a sustainable power system and came successful nan shape of a 41-page achromatic paper.
Tesla and Musk didn’t respond to a petition for comment.
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Musk teased nan 4th Master Plan backmost successful June 2024. “Working connected nan Tesla Master Plan 4,” Musk wrote connected X astatine nan time. “It will beryllium epic.”
In August of this year, he wrote successful different post that “Master Plan 3 was excessively analyzable for almost anyone to understand,” and said “Master Plan 4 will beryllium concise.” Tesla published nan scheme conscionable a fewer days later.
Despite its imprecision, fundamentally each materials Tesla has sent to shareholders astir nan ballot beforehand nan 4th Master Plan arsenic a logic to o.k. nan compensation package. It is highlighted connected nan pamphlets that instruct shareholders really to vote. It sewage a shoutout successful Tesla’s third-quarter shareholder letter. It’s been referenced successful interviews by committee chair Robyn Denholm and design leader Franz von Holzhausen.
“A fewer days ago, Elon unveiled an inspiring adjacent section for Tesla pinch Master Plan, Part IV, which is focused connected creating a Sustainable Abundance for all,” Denholm and chap committee personnel Kathleen Wilson-Thompson wrote successful a September missive to shareholders, again without going into further specifics. “We are, and person ever been, a institution that thinks bolder, acts faster and strives for a amended future. Master Plan, Part IV builds connected that, by reimagining labor, mobility and power and bringing AI into nan beingness world done products and services for illustration FSD, Optimus and Robotaxi.”
Denholm has been connected a media blitz drumming up support for nan $1 trillion salary package vote, but she has not been asked to laic retired a clearer imagination for Master Plan IV. She’s alternatively remained focused connected nan milestones Musk needs to meet to unlock nan afloat $1 trillion of his salary package — almost each of which are watered down versions of nan outrageous promises he’s made done nan years.
Musk himself has not straight brought up Master Plan IV connected X since his September 2 station astir adding much specifics. He has spent overmuch of nan days earlier nan shareholder ballot promoting nan compensation package, fear-mongering astir immigrants, and spreading misinformation astir nan New York City mayoral election.
It was only during an question and reply von Holzhausen did pinch nan Ride nan Lightning podcast successful October that personification brought up nan vagueness of nan plan.
“[M]y first guidance to it arsenic a Tesla shareholder, Tesla owner, Tesla fan, and I saw a batch of this successful nan Tesla Community, was that it seemed for illustration it was a small lacking successful specifications compared to nan erstwhile Master Plans, which were beautiful concrete,” big Ryan McCaffrey said, who past quickly pivoted to a much affirmative group of questions for nan main designer.
“So, why are you excited astir Master Plan Part IV and benignant of really is Tesla going to get this done? And that’s a large question,” McCaffrey asked.
“We’ll do it successful Tesla manner of course,” von Holzhausen responded.
3 days ago
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