Tesla may be an electrical auto maker, however CEO Elon Musk has made clear that he thinks of it as far 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 at this time: as much as $20 trillion, he posted in July, greater than 5 instances the present price of Nvidia.
Musk has additionally made it clear that he needs to receives a commission, so much. In November, Tesla shareholders will vote on the board’s proposal to pay the CEO a remarkable $1 trillion over the next decade. The deal would additionally enhance 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 collection of bold metrics, together with 20 million autos delivered, 1 million robotaxis in business operation, and an $8.5 trillion valuation. And likewise, 1 million Optimus humanoid robots delivered.
On a name with buyers on Wednesday, Musk locked on to that final level to make his most threatening argument for a big payday but. “My basic concern with regard to how a lot voting management I’ve at Tesla is, if I’m 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 not 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 until I’ve a robust affect.”
Typically, Musk talks about Tesla’s Optimus challenge as extra of a power for peace than battle. He’s stated that Optimus will upend the job market and free humanity from the drudgery of labor. (“Working shall be non-compulsory, like rising your personal 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 isn’t a poverty, the place everybody has entry to the best medical care.”
Optimus, he added, “shall be an unbelievable surgeon, and picture if everybody had entry to an unbelievable surgeon.” For Tesla, Optimus shall be “an infinite cash glitch,” Musk stated, arguing that everybody will desire a humanoid robotic who can do their work for them.
