SAN FRANCISCO, Nov 6 (Reuters) - Tesla

shareholders will decide on Thursday whether to pay CEO Elon

Musk up to $878 billion, the richest executive pay in history by

a long shot.

But the high-profile vote is only one of several proposals

that could reshape the electric vehicle maker's future, from the

board's power to whether Tesla should invest in Musk's

artificial intelligence firm xAI.

The results of the pay vote are expected during the annual

general meeting on Thursday afternoon at the company's factory

in Austin, Texas.

Passage of the payday would be a vote of confidence in

Musk's leadership and his vision of transforming the company

into an AI and robotics juggernaut. A rejection could create

turmoil.

Here are the key proposals shareholders are voting on:

UP TO $878 BILLION FOR MUSK

The pay package proposed for Musk requires Tesla to achieve

a number of profit and operational milestones such as delivering

20 million vehicles over the next 10 years and having a million

robotaxis in operation on roads. In tandem, Tesla stock must

rise, hitting new valuation milestones. The company, currently

worth more than $1.5 trillion, would have to hit levels starting

with $2 trillion and going up to $8.5 trillion.

Passage is widely expected given Musk is allowed to vote his

roughly 15% stake. He did not vote his shares on pay questions

when the company was incorporated in Delaware, but it has moved

to Texas. Supporters say the goals for Musk are highly ambitious

and investors stand to gain if he achieves the milestones.

However, some major investors, including Norway's sovereign

wealth fund and other proxy advisors have opposed the package,

calling it excessive. Tesla's board had said Musk could quit if

the pay package was not approved.

Musk has a previous pay package that is caught up in

Delaware court. Investors will also vote on a proposal that

would allow Musk to receive a replacement package if the court

eventually rejected the old plan.

xAI INVESTMENT

Investors will also consider a proposal for Tesla to invest

in Musk's artificial intelligence startup, xAI. Musk has said

publicly he believes Tesla should back the company.

The board has not endorsed the plan. Investors will have to

decide whether such a tie-up would advance Tesla's AI ambitions

or deepen potential conflicts of interest as the lines between

Musk's companies blur.

SUPERMAJORITY VOTING

Shareholders also are being asked to scrap Tesla's

supermajority voting requirement, replacing it with a simple

majority standard.

Tesla has made several unsuccessful attempts to scrap its

supermajority voting rule. Binding proposals to eliminate the

requirement were put to shareholders in 2019, 2021 and 2022, but

fell short of the two-thirds of outstanding shares needed for

approval.

Some investors worry that easing the threshold could

strengthen Musk's influence over the company. The outcome will

show how far shareholders are willing to go in reshaping Tesla's

corporate governance.

POLITICAL NEUTRALITY

Investors will vote on a shareholder proposal calling for

Tesla to adopt a formal political neutrality policy.

The measure would bar the company and its leaders from

engaging in partisan activity and would assign oversight to a

board committee. Tesla's directors oppose the plan, saying

existing policies already ensure appropriate disclosure and

accountability.

The proposal serves as a test of investor sentiment toward

Musk's outspoken public persona and the reputational risks that

can come with it. Musk heavily embraced U.S. President Donald

Trump, alienating some car buyers.