dives into the controversial $56 billion pay package approved for Tesla CEO Elon Musk. While the staggering compensation plan proves shareholders' confidence in Musk's leadership, the legal battles surrounding this decision are far from over.
And if you look back at the last vote, what we're going to be looking for today is, well, what of course, what is the result here?And in that case, you had 97 million disinterested shareholders saying yes, 23 million saying no.what is really the mandate for this pay package?Now, I don't know necessarily that if Elon Musk and Tesla have to relitigate this again and go up for a third vote and re propose if it doesn't pass muster here in Delaware.
It's on the autonomous side, which is the reason we anticipate that the stock will scale to 2600 in our base case.Uh in fact, the probability of autonomous has gone up dramatically here um because of breakthroughs in A I which Elon and his team are harnessing and this is a winner, take most opportunity.
Um I, I wanna dig more into autonomy, but first I wanna linger on the vote for a, a little bit more Kathy because what I'm curious about is, is Musk has been quite vocal of what he wants here.Um He has said that if the pay package didn't go through, although it seems like indications are it's going to go through.
Um I think what many people do not understand is uh Tesla is the largest A I project on Earth Autonomous mobility is the largest A I uh project. Uh autonomous mobility is three of the platforms, robotics, energy storage, and artificial intelligence, converging uh technologies that are going to create explosive growth.
And uh uh Elon epitomizes that right, in, in terms of A I in each of the projects, autonomous mobility here on earth and space uh and uh A I projects elsewhere.There are, there's A I uh uh they're harnessing A I there as well. If anything, the recent inflation data suggests interest rates will fall this year and the number of uh dot Plots is increasing once again, that should uh accrue to the benefit of our strategy.Uh The the the backup or the underperformance has had a lot to do with going from six interest rate cuts expected at the end of last year to at 1.0 or, or just one.
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