Elon Musk presses for $1 trillion pay plan because he needs to influence Tesla's future 'robot army' [View all]
Tesla (TSLA) CEO Elon Musk made an unusual plea at the end of the company's earnings call, urging shareholders to approve his new $1 trillion pay package and claiming, among other things, he wouldn't be comfortable building "a robot army" without control over it.
During the Q&A portion of the call with investors following the company's Q3 miss, Musk was asked about the present challenges in bringing the Optimus robot to market.
Musk mused that Tesla was uniquely qualified to do this because of its manufacturing and tech prowess, the immense amount of work done in developing a dextrous hand, for instance. But then he veered into his own influence.
My fundamental concern with regard to how much voting control I have at Tesla is, if I go ahead and build this enormous robot army, can I just be ousted at some point in the future? That's my biggest concern, Musk said on the call.
https://finance.yahoo.com/news/elon-musk-presses-for-1-trillion-pay-plan-because-he-needs-to-influence-teslas-future-robot-army-162353294.html
Did he do more Ketamine than usual before the call?