Tesla Today (Nov 7, 2025): Shareholders Approve Musk’s $1 Trillion Pay, ‘Terafab’ AI Chip Plan Teased, and China FSD Targeted for Early 2026

7 November 2025

Musk’s record pay plan passes with ~75% support at Tesla’s AGM in Austin. Shareholders also backed annual director elections and gave a non‑binding “yes” to exploring an investment in xAI. ^[1]
AI hardware push: Musk says Tesla will likely build a “gigantic chip fab” and is open to partnering with Intel; Tesla’s 5th‑gen AI chip aims to be far cheaper and more power‑efficient than Nvidia Blackwell. ^[2]
China autonomy timeline: Musk expects full approval of Tesla’s Full Self‑Driving (FSD) in China around February–March 2026; FSD there is only partially approved today. ^[3]
Cybercab & product roadmap: Musk said Cybercab production is planned to begin in April 2026; he also teased a coming Roadster demo. ^[4]

Shareholders bet big on Musk’s AI & robotics vision

At Tesla’s 2025 annual meeting on Thursday (Nov. 6) in Austin, investors approved the largest CEO compensation package in corporate history—a performance‑based award that could be worth up to $1 trillion over the next decade if audacious operational and valuation milestones are met. The approval reportedly cleared with more than 75% support; Musk was also able to vote his ~15% stake after Tesla relocated its incorporation to Texas. ^[5]

Beyond pay, shareholders voted to hold annual elections for all directors and supported (in a non‑binding vote) exploring a Tesla investment in Musk’s AI startup, xAI—though many abstained, signaling governance scrutiny ahead as any potential related‑party deal is evaluated. ^[6]

AI chips: from Dojo to a Tesla “terafab”

Musk told shareholders Tesla will likely need to build a “gigantic chip fab”—what he quipped could be a “terafab”—to secure enough AI compute for autonomy and robotics. He floated the idea that “it’s worth having discussions with Intel” as a manufacturing partner, while reiterating Tesla’s ongoing work with TSMC and Samsung. He outlined an AI hardware roadmap: a 5th‑generation Tesla AI chip (“AI5”) with about one‑tenth the cost and roughly one‑third the power draw of Nvidia’s Blackwell, with limited units in 2026 and high‑volume output in 2027; a follow‑on AI6 would target mid‑2028 volume using the same fabs. He also sketched an aggressive 100,000+ wafer‑starts/month capacity goal for a future Tesla fab. ^[7]

Why it matters: If Tesla executes on in‑house AI silicon at scale, it could compress costs for FSD, robotaxis, and Optimus—areas Musk argues underpin Tesla’s next decade of growth.

China: FSD eyeing full approval in Q1 2026

Musk said he expects full regulatory approval for FSD in China “around February or March” 2026. Today, FSD there retains partial approval that limits features (e.g., no gear‑shifting for end‑to‑end autonomous parking) and still struggles with some local traffic signs—tensions that have built as buyers paid 64,000 yuan (~$9,000) for FSD hoping for a full rollout. ^[8]

Market context: China is pivotal for Tesla but competition has intensified; Tesla’s China‑made EV sales fell 9.9% year over year in October to 61,497, per CPCA data this week. ^[9]

Robotaxi & product notes: Cybercab in April 2026; Roadster demo teased

Onstage, Musk said Cybercab production will begin in April 2026—the steering‑wheel‑less, two‑seat robotaxi that anchors Tesla’s autonomy story. He also teased a Roadster demonstration planned for an April 1 event. Taken together, the remarks set a high bar for 2026 launches even as the broader EV market faces pricing pressure. ^[10]

How Wall Street is reading the vote

Early analyst takes frame the pay approval as a high‑risk/high‑reward alignment: supporters see the package as tightly tied to near‑impossible milestones (so Musk earns only if shareholders win big), while skeptics warn of key‑man risk, dilution, and execution challenges across EVs, AI, and robotics. ^[11]

What this means for investors

Governance trade‑offs: The vote underlines investors’ willingness to center Tesla’s strategy on Musk—even as scrutiny persists around related‑party possibilities (e.g., xAI) and board oversight. ^[12]
Execution clock starts now: AI chip “terafab” plans, China FSD timelines, Cybercab production, and the Roadster demo collectively create deadline density in 2026. Delivering on all four would be a powerful de‑risking signal; slippage would invite pushback. ^[13]
China is the swing factor: Regulatory clarity on FSD and demand stabilization could reshape Tesla’s Asia momentum. October data were soft, underscoring the importance of the 2026 approvals window. ^[14]

Timeline & what to watch next

Nov. 2025: Shareholder approvals (pay plan; annual elections; advisory support to examine xAI investment). ^[15]
Late 2025–2026: Chips — AI5 sampling in 2026; volume 2027; AI6 mid‑2028 on same fabs (plus any Intel partnership developments). ^[16]
Feb–Mar 2026: Target window for China FSD full approval. ^[17]
April 2026:Cybercab production start; Roadster demo around April 1 (as teased). ^[18]

FAQs

What exactly did shareholders approve?
A performance‑based award that could reach $1T at maximum if Tesla hits a series of aggressive operational and valuation milestones; holders also backed annual director elections and signaled support to examine a Tesla investment in xAI. ^[19]

Did the vote change near‑term fundamentals?
Not directly. It clarifies leadership and strategy and may reduce overhang risk. Execution on chips, FSD (China), Cybercab, and Optimus/AI will drive the numbers. ^[20]

How did the stock trade today?
TSLA was volatile and down intraday at the time of writing, reflecting broader market jitters and profit‑taking after the vote headlines. (See live chart above.)

Sources

Reuters live & wrap coverage of the vote and outcomes (pay plan approval; annual elections; xAI advisory vote; product remarks). ^[21]
Reuters on AI chip “terafab” concept, potential Intel fab discussions, and AI5/AI6 roadmap details. ^[22]
Reuters on China FSD timing and current partial approval constraints. ^[23]
CPCA/Reuters on China sales (October). ^[24]
InsideEVs on Cybercab production timeline; Business Insider on Roadster demo tease. ^[25]
Reuters “Wall St reacts” for analyst sentiment snapshots. ^[26]

Tesla's New AI Went TOO FAR 😳

Watch this video on YouTube.

References

Tags:

Mateusz Kaczmarek Latest posts

A technology and finance expert writing for TS2.tech. He analyzes developments in satellites, telecommunications, and artificial intelligence, with a focus on their impact on global markets. Author of industry reports and market commentary, often cited in tech and business media. Passionate about innovation and the digital economy.

View all

Centerspace (CSR) Breaks Above 200-Day Moving Average
November 7, 2025, 3:14 PM EST. Centerspace (CSR) broke above its 200-day moving average of $60.41 on Friday, trading intraday as high as $60.84 and up about 0.5% on the session. The latest quote showed CSR around $60.30. The stock's 52-week range spans $52.76 to $75.92. This move can be viewed as a near-term bullish signal as the shares test the long-term benchmark. Investors may watch for follow-through and any nearby resistance levels and should note the broader context that other stocks have recently crossed above their own 200-day moving averages as highlighted in related notes.
Fidelity National Financial Breaks Above 200-Day Moving Average
November 7, 2025, 3:12 PM EST. Fidelity National Financial Inc (FNF) surged after trading above its 200-day moving average of $58.67, reaching as high as $60.37. The stock was up about 7.7% on the day, signaling potential momentum as it clears a key trendline. The last trade came in near $58.35, with a 52-week range of $50.61 to $66.72. If the breakout sustains, traders will watch for continued upside versus the broader market and for how long the stock can hold above the moving average.
Block Inc (XYZ) Falls Below 200-Day Moving Average
November 7, 2025, 3:10 PM EST. On Friday, shares of Block Inc (Symbol: XYZ) crossed below their 200-day moving average of $69.06, trading as low as $61.36 and down about 9.7% for the session. The stock's last trade was $65.11. The 52-week range runs from a low of $44.27 to a high of $99.26. DMA data cited from TechnicalAnalysisChannel.com accompanies the chart comparing XYZ's year-long performance against its 200-day moving average. A note references a link to see 9 other stocks that recently crossed below their 200-day moving average. All views are the author's and may not reflect Nasdaq.
DBRG Drops Below 200-Day Moving Average, Eyes Support Near $10.61
November 7, 2025, 3:08 PM EST. DigitalBridge Group Inc (DBRG) traded down about 3.1% on Friday after crossing below its 200-day moving average of $10.61, booking a session low of $10.47. The stock's last trade was $10.51, within the year's 52-week range of $6.41 to $14, highlighting notable volatility. The move marks a downside test of a key technical level as investors weigh potential further downside versus any rebound. Traders will monitor whether bulls reassert near the moving average or if sellers push the price toward support at prior lows.
13F Spotlight: Parker Hannifin (PH) Held by 11 Hedge Funds in 03/31/2025 Filings
November 7, 2025, 3:06 PM EST. New data from the latest 13F filings shows Parker Hannifin Corp (PH) being held by 11 of the 29 funds surveyed for the 03/31/2025 period. The piece notes that 13F filings only capture long positions and may miss shorts or hedges, so the full story requires caution. Among the batch, 5 funds increased their PH shares since 12/31/2024 while 4 reduced positions; Holderness Investments exited PH on 03/31/2025. Across the broader set of funds tracked (out of 4,887), PH shares rose about 6.29%, from 49,539,067 to 52,654,888. While individual filings can be misleading, the aggregate shift across groups can reveal useful ideas and trend signals for Parker Hannifin.