Elon Musk is urging Tesla shareholders to take part in the company’s upcoming annual meeting, calling the vote critical not just for the automaker but potentially for the world.
“This shareholder vote decides the future of Tesla and may affect the future of the world,” Musk posted on X, emphasizing the importance of proposals that will be voted on in the upcoming meeting on November 6, 2025.
A pivotal inflection point
In a message from its official account, Tesla described itself as being at “a critical inflection point” as it prepares for its annual meeting. Shareholders will soon receive voting instructions, with the company asking investors to back the Board’s recommendations on all proposals. The post also referenced Tesla’s Master Plan Part IV, which outlines ambitious growth targets across vehicles, energy, and artificial intelligence.
“Tesla is at a critical inflection point. We need your vote ahead of our 2025 Annual Meeting on November 6. Tesla shareholders, the owners of our company, will soon receive their control numbers and voting instructions from their brokers. This will enable you to vote. We are asking you to vote with the Board’s recommendations on *all* proposals,” Tesla wrote in its post.
The company also highlighted that it is currently on the brink of a “massive wave of transformational growth.” Tesla stressed that confidence in Musk’s leadership is central to this trajectory, as he is the CEO who could lead Tesla into its new, ambitious era.
Some Key proposals
Two proposals stand out in Tesla’s recommendations, as per the company’s VoteTesla.com website. The first seeks to amend and restate Elon Musk’s 2019 Equity Incentive Plan, creating a special reserve of nearly 208 million shares to give the board flexibility amid ongoing litigation surrounding Musk’s 2018 CEO Performance Award. It also calls for replenishing the general share reserve with 60 million additional shares, ensuring capacity for employee equity grants.
“Equity is the cornerstone of Tesla’s compensation philosophy. We believe we need a framework that allows us to honor the deal we made with Elon and the extraordinary value he created for Tesla shareholders under the 2018 CEO Performance Award. In addition, it is essential that we maintain sufficient equity reserves and maximum flexibility to attract, retain and motivate talent at Tesla,” Tesla wrote.
The second proposal is a new 2025 CEO Performance Award, a pay-for-performance framework that links Musk’s compensation to reaching ambitious market cap and operational milestones. Under the plan, Musk would earn nothing unless Tesla achieves extraordinary results, potentially creating more than $7 trillion in shareholder value and pushing the company’s valuation to as high as $8.5 trillion. The company also asked shareholders to vote in favor of re-electing three directors: Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson.