In simple terms:

Shareholders only win if Tesla wins first. Why did investors back it?

• Musk is seen as central to Tesla’s next phase of growth

• The package aligns his incentives to long-term value creation

• Tesla’s strategy goes far beyond cars into AI, robotics and autonomous mobility

The big picture: Tesla is positioning itself as an AI and robotics company that also builds electric vehicles not the other way around.

This comes with huge upside if Tesla leads in:

• Robotaxis & autonomous driving

• AI computing & neural networks

• Humanoid robotics (e.g., Optimus)

• Renewable energy and battery storage

But there is also execution risk. The technology is complex, capital intensive and competitive. The future valuation of Tesla will depend on what it delivers from here.

Investor takeaway:

This approval is a renewed vote of confidence in Musk’s leadership and Tesla’s long-term innovation roadmap. But it also means Tesla remains a high-conviction, high-volatility growth play where the biggest gains depend on delivering the future, not just today’s car sales.

Ardentis Capital