Elon Musk's $1 Trillion Tesla Pay Package Approved: Shareholder Day Supercut

Core Insights - The company has received over 75% shareholder approval for the 2025 CEO performance plan for Elon Musk, indicating strong support from investors [1] - The company is poised to launch a production ramp for its Optimus robot, which is expected to be a groundbreaking product, potentially larger than cell phones [2][3] - The production line in Fremont aims to achieve a million units, with a future goal of 10 million units per year [4] Robotics and AI - The Optimus robot is projected to surpass human surgeons in precision, potentially revolutionizing medical care and contributing to poverty alleviation [5][6] - The integration of AI and robotics could significantly boost the global economy, with estimates suggesting a potential increase by a factor of 10 to 100 [7] Autonomous Vehicles - The company is developing a Cyber Cab designed for unsupervised full self-driving, which will not include traditional driving controls [9] - Production for the Cyber Cab is set to begin in April next year, with a focus on minimizing costs per mile in autonomous mode [10] Product Development and Investments - The company is launching three major products next year: Optimus, Tesla Semi, and Cyber Cab, alongside significant investments in raw materials [11] - A lithium refinery in South Texas is being established, with an initial capacity of 50 gigawatt hours, aimed at supporting the company's battery production needs [11]