Tesla might be an electrical automotive maker, however CEO Elon Musk has made it clear he thinks of it as far more: an innovator in synthetic intelligence and software program, a builder of robots that can shake the world. He additionally argued that Tesla must be value far more than it’s at this time: as much as $20 trillion, he mentioned. posted in Julygreater than 5 instances Nvidia’s present worth.
Musk has additionally made it clear that he actually needs to be paid. In November, Tesla shareholders will vote on the board’s proposal to pay the CEO a outstanding $1 billion over the subsequent decade. The deal would additionally improve Musk’s stake in Tesla from 13% to 1 / 4. However Musk will solely get that huge quantity — and the additional management — if he hits a collection of formidable metrics, together with 20 million automobiles delivered, 1 million robotaxis in industrial operation and an $8.5 billion valuation. Additionally, 1 million Optimus humanoid robots delivered.
In a convention name with buyers on Wednesday, Musk targeted on that final level to make his most ominous argument for a large payout but. “My elementary concern relating to the voting management I’ve in Tesla is: If I’m going forward and construct this enormous military of robots, may I be deposed sooner or later sooner or later?” he mentioned. “If we construct this robotic military, will I at the very least have a powerful affect over this robotic military? Not management, however a powerful affect… I do not really feel snug constructing this robotic military until I’ve a powerful affect.”
Typically, Musk talks about Tesla’s Optimus mission extra as a drive for peace than warfare. He mentioned Optimus will upend the job market and free humanity from drudgery. (“Working can be optionally available, like rising your personal greens as an alternative of shopping for them on the retailer,” he posted this week.) Elsewhere on Wednesday’s investor name, he mentioned Tesla’s robots would “really create a world the place there isn’t any poverty, the place everybody has entry to the perfect medical care.”
Optimus, he added, “can be an unbelievable surgeon, and picture if everybody had entry to an unbelievable surgeon.” For Tesla, Optimus can be “an infinite monetary failure,” Musk mentioned, arguing that everybody will need a humanoid robotic that may do their work for them.
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