At the finish of the 2025 shareholder meeting, Board Chair issued a letter to Tesla shareholders.
Among other things, she thanked them for the “approval of Proposals One, Three and Four sends an unmistakable message: you support the vision embodied by Master Plan Part IV and want us to keep steering Tesla toward the extraordinary future we all see ahead.”
We looked into those proposals and found the following:
Proposal 1 is the election of the three Class III (Independent) Directors. They are Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson. All have served on the board for some time, reaffirming what they are to the company.
Proposal 3 is the approval of the A&R 2019 Equity Incentive Plan. Literally set out in 2019, the plan is intended to attract and retain skilled AI personnel, including Elon Musk. You can see this Plan in the linked SEC filing here.
And Proposal 4, which is the approval of the 2025 CEO Performance Award, or specifically the trillion-dollar Musk pay package everyone has been talking about.
She went on to say that “Your vote was about much more than governance of a company—it was a vote of confidence in our visionary leader, Elon. You looked past the noise and reaffirmed your belief in a trailblazer who has turned Tesla into one of the most valuable companies in history and who continues to push humanity closer to a future of sustainable abundance for all.”
The overriding theme is that of autonomy, and a definitive move by the company to assert itself in the space. She noted that “The age of autonomy is no longer approaching—it is here. With transformative technologies such as Robotaxi and Optimus, we are bringing AI into the physical world.”
And added “We are on the cusp of what could be the largest value-creation event in Tesla’s history, and quite possibly in the history of humanity.” She finished with a “thank you for believing in Tesla” and “standing with us.”
They are clearly talking a very big game here, and the letter and fleshed out proposals point to a future well outside the car business.
As with all things Elon, time will tell. However, the company started as nothing and is now one of the most valuable businesses on the planet.
And while we continue to see a difficult path ahead, it’s difficult to imagine betting against them. It is, after all, the Master Plan.
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The material on these pages is provided for information sharing purposes only and should not be used in lieu of an OEM service manual or factory authorized service procedure. We are not in the auto repair business, nor do we publish automotive service manuals. Nothing we include on these pages and posts has been reviewed, approved or authorized by any vehicle manufacturer.
Remember — only proper service and repair procedures will ensure the safe and reliable operation of your car. In addition, proper safety procedures and precautions, such as the use of safety goggles, the right tools and the equipment should be followed at all times to eliminate the possibility of personal injury or improper service which could damage the vehicle or compromise its safety.
Technology is always changing and what is current and accurate today may be literally out-of-date and inaccurate tomorrow. And when it comes to the current state of flux in the auto industry, nothing is more true.
The author has 30+ years of automotive experience and has assembled the most extensive collection of symbols and warning lights anywhere (over 1,000!) and can help you open and start any keyless start car with a dead key fob battery. BA, St. Joseph’s, ME: MS, RPI, NY
Letter to Tesla shareholders informative for those on the outside
At the finish of the 2025 shareholder meeting, Board Chair issued a letter to Tesla shareholders.
Among other things, she thanked them for the “approval of Proposals One, Three and Four sends an unmistakable message: you support the vision embodied by Master Plan Part IV and want us to keep steering Tesla toward the extraordinary future we all see ahead.”
We looked into those proposals and found the following:
She went on to say that “Your vote was about much more than governance of a company—it was a vote of confidence in our visionary leader, Elon. You looked past the noise and reaffirmed your belief in a trailblazer who has turned Tesla into one of the most valuable companies in history and who continues to push humanity closer to a future of sustainable abundance for all.”
The overriding theme is that of autonomy, and a definitive move by the company to assert itself in the space. She noted that “The age of autonomy is no longer approaching—it is here. With transformative technologies such as Robotaxi and Optimus, we are bringing AI into the physical world.”
And added “We are on the cusp of what could be the largest value-creation event in Tesla’s history, and quite possibly in the history of humanity.” She finished with a “thank you for believing in Tesla” and “standing with us.”
They are clearly talking a very big game here, and the letter and fleshed out proposals point to a future well outside the car business.
As with all things Elon, time will tell. However, the company started as nothing and is now one of the most valuable businesses on the planet.
And while we continue to see a difficult path ahead, it’s difficult to imagine betting against them. It is, after all, the Master Plan.
——————————————————————-
The material on these pages is provided for information sharing purposes only and should not be used in lieu of an OEM service manual or factory authorized service procedure. We are not in the auto repair business, nor do we publish automotive service manuals. Nothing we include on these pages and posts has been reviewed, approved or authorized by any vehicle manufacturer.
Remember — only proper service and repair procedures will ensure the safe and reliable operation of your car. In addition, proper safety procedures and precautions, such as the use of safety goggles, the right tools and the equipment should be followed at all times to eliminate the possibility of personal injury or improper service which could damage the vehicle or compromise its safety.
Technology is always changing and what is current and accurate today may be literally out-of-date and inaccurate tomorrow. And when it comes to the current state of flux in the auto industry, nothing is more true.
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The author has 30+ years of automotive experience and has assembled the most extensive collection of symbols and warning lights anywhere (over 1,000!) and can help you open and start any keyless start car with a dead key fob battery. BA, St. Joseph’s, ME: MS, RPI, NY