Tesla is likely to be an electrical auto maker, however CEO Elon Musk has made clear that he thinks of it as rather more: an innovator in synthetic intelligence and software program, a builder of world-shaking robots. He’s additionally argued that Tesla ought to be price much more than it’s as we speak: as much as $20 trillion, he posted in July, greater than 5 occasions the present price of Nvidia.
Musk has additionally made it clear that he needs to receives a commission, quite a bit. In November, Tesla shareholders will vote on the board’s proposal to pay the CEO a outstanding $1 trillion over the following decade. The deal would additionally improve Musk’s stake in Tesla from 13 p.c to 1 / 4. However Musk would solely get that large determine—and the additional management—if he hits a sequence of formidable metrics, together with 20 million autos delivered, 1 million robotaxis in industrial operation, and an $8.5 trillion valuation. And in addition, 1 million Optimus humanoid robots delivered.
On a name with traders on Wednesday, Musk locked on to that final level to make his most threatening argument for a huge payday but. “My basic concern with regard to how a lot voting management I’ve at Tesla is, if I am going forward and construct this huge robotic military, can I simply be ousted sooner or later sooner or later?” he stated. “If we construct this robotic military, do I’ve no less than a robust affect over this robotic military? Not management, however a robust affect … I do not really feel snug constructing that robotic military except I’ve a robust affect.”
Usually, Musk talks about Tesla’s Optimus challenge as extra of a power for peace than struggle. He’s stated that Optimus will upend the job market and free humanity from the drudgery of labor. (“Working might be optionally available, like rising your individual greens, as an alternative of shopping for them from the shop,” he posted this week.) Elsewhere on the investor name Wednesday, he stated that Tesla’s robots would “really create a world the place there is no such thing as a poverty, the place everybody has entry to the best medical care.”
Optimus, he added, “might be an unbelievable surgeon, and picture if everybody had entry to an unbelievable surgeon.” For Tesla, Optimus might be “an infinite cash glitch,” Musk stated, arguing that everybody will desire a humanoid robotic who can do their work for them.
