Tesla’s Master Plan 4 still lacks specifics ahead of $1T Musk pay vote

Tesla’s recently published fourth “Master Plan” aims to promote “sustainable abundance” through future products but remains notably vague and lacking in concrete details. Despite this, Tesla is heavily leveraging the plan to persuade shareholders to approve a historic $1 trillion compensation package for CEO Elon Musk at the company’s upcoming annual meeting. The plan has drawn criticism for its imprecision, including from Tesla fans and Musk himself, who acknowledged the need for more specifics but has yet to update the plan. Unlike previous Master Plans, which outlined clear goals and tangible initiatives, Master Plan IV offers broad, aspirational themes without the concrete milestones that characterized earlier versions. Tesla’s leadership, including board chair Robyn Denholm and design chief Franz von Holzhausen, have consistently referenced the plan in communications to shareholders as a key justification for Musk’s pay package. However, they have avoided providing detailed explanations or clarifications about the plan’s content. Musk has focused more on promoting the compensation vote and other unrelated topics rather than elaborating on