Tesla’s earnings calls are all the time a enjoyable pay attention, largely as a result of firm CEO Elon Musk by no means runs out of bizarre issues to say.
This time, in the course of the firm’s Q3 2025 report on Wednesday, the remark that took the cake was Musk’s insistence that he wants the proposed $1 trillion compensation package deal to regulate Tesla’s “robotic military.”
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The $1 trillion determine is from the govt pay package deal that was proposed for Musk by Tesla’s board in September (a big leap from the month earlier than). Ought to Musk hit numerous powerful firm milestones, he’d be entitled to practically $1 trillion value of Tesla inventory over the following decade.
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Unsurprisingly, the lofty pay plan was met with loads of skepticism, with a coalition of unions and company watchdogs launching a “Take Again Tesla” marketing campaign to cease it from taking place.
However throughout yesterday’s Tesla earnings name, Musk mentioned he would not plan to spend the cash; as an alternative, he wants it as a type of insurance coverage.
“My elementary concern with regard to how a lot cash and management I’ve at Tesla is that if I’m going forward and construct this huge robotic military, can I simply be ousted in some unspecified time in the future sooner or later? Um, that’s my greatest concern. That’s actually the one factor I am making an attempt to handle with this. It is referred to as compensation however it’s not like I’m gonna go spend the cash,” mentioned Musk. “It’s simply, if we construct this robotic military do I’ve at the least a robust affect over that robotic military? Not present management however a robust affect. That is what it comes all the way down to in a nutshell. I do not really feel snug wielding that robotic military if I haven’t got at the least a robust affect.”
Forgive us for lacking the half the place Tesla was constructing a robotic “military” which requires “wielding.” Yeah, Tesla is engaged on a humanoid robotic referred to as Optimus, however thus far all we have heard was how it will be a serving to hand across the family. It seems that Musk has different concepts on how the Optimus might be used.
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