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  "documentTitle": "Tesla | Shareholder Engagement Presentation Deck | 30 slides",
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  "notes": "Uses a 'deal' framing to appeal to shareholder fairness and fiduciary consistency.",
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      "text": "A deal should be a deal: stockholders approved the plan. Elon hit the targets. We should hold up our end of the deal.",
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      "text": "Ratification Compensates Elon for Value Created: Elon told the Committee he wants to be treated fairly and with respect. He performed, against all odds, in accordance with the terms of the deal, delivering extraordinary value for Tesla stockholders",
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      "text": "New Compensation Award Would Be Costly: A functionally equivalent grant of new options could result in an accounting charge of more than $25 billion, compared to the $2.3 billion granted in 2018",
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      "text": "Per the Special Committee, Elon Confirmed That the 2018 Award Would Incentivize and Motivate Him For the Future: Under Elon's leadership, Tesla is well-positioned to lead in large and rapidly growing markets, with an evolving and vast ecosystem of transformative technologies",
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      "text": "1. Refer to Special Committee report.",
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      "text": "Less costly option to compensate for past work and to incentivize Elon for the future",
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      "text": "...While Ensuring We Compensate Our CEO As Promised",
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