Part 5/13:
The second proposal concerns approving executive compensation on a non-binding, advisory basis. This kind of vote allows shareholders to express approval or disapproval of the compensation packages awarded to top executives, including Elon Musk.
Elon Musk’s personal involvement in Tesla’s leadership makes this proposal particularly relevant. Such an advisory vote enables more transparency and gives shareholders a voice without the power to enforce immediate changes. Elon Musk has publicly expressed support for this proposal, viewing it as a way to maintain flexibility in executive compensation strategies while respecting shareholder feedback.