Tesla shareholders approved a compensation package on Thursday that could make CEO Elon Musk, already the richest person in the world, the first trillionaire. The CEO responded by promising to increase his efforts in developing “beyond human” technology.
Tesla reported that over 75% of its shareholders voted to endorse the pay package at the company’s annual shareholder meeting. This vote did not include the 15% of the company that Musk already owns.
Following the package’s approval, Elon Musk responded by making several bold predictions regarding the company’s future capabilities.
Tesla’s CEO stated that his humanoid robot will evolve from basic tasks, such as distributing candy bags, to complex procedures like surgery with “beyond human” levels of accuracy, the CEO announced.
Musk mentioned that Tesla’s robot, Optimus, along with vehicles, will significantly contribute to future moon and Mars. “It’ll be something cool, next-level moon buggy or Mars buggy,” he told shareholders.
“It’s not just a new chapter for Tesla, it’s a new book,” Musk said. “And that new book is massively increasing vehicle production and ramping up Optimus production faster than anything’s ever been ramped up before in human history.”
The approved compensation plan consists of a stock grant that could provide him with up to 423.7 million extra Tesla shares over the next 10 years.
Tesla stock dropped by more than 3% in premarket trading on Friday following the announcement.
By CEO NA Editorial Staff
