Tesla shareholders approve Musk's $1 trillion pay package. Here's what he's focusing on

Tesla Shareholder Meeting & Executive Compensation - Tesla shareholders approved Elon Musk's $1 trillion pay package with over 75% support among voting shares [1][2] - The approved pay package requires Musk to achieve high-end milestones, including producing 20 million cars and developing robots [3] - Shareholders approved Tesla's investment in XAI, but the board will re-evaluate the decision due to a number of abstaining votes [4][6] Tesla's Future Strategy & Robotics - Elon Musk believes Tesla's robotics initiatives, particularly the Optimus robot, will be bigger than the company's car business [8] - Tesla plans to scale up Optimus assembly at both Fremont and Giga Austin [3] - The production target for the Cybercab is set for April 2026 [3] - Ark Invest believes the humanoid robot opportunity is an order of magnitude larger than robo taxi and supports continued investment in this area [11] Robo Taxi & Autonomous Driving - Tesla is expected to activate a fleet of robo taxis in the US, potentially creating a natural monopoly with inexpensive point-to-point mobility [14] - Tesla's robo taxi service is projected to generate hundreds of billions of dollars in cash flow [14] - Tesla's scale advantage, producing 2,000 vehicles per day from its Austin factory, will give it an edge over competitors like Waymo [18] Cryptocurrency & Investment Strategy - Arc Invest has lightened its Bitcoin position due to the impact of stablecoins on the market [24] - Stablecoins offer an alternative to Bitcoin for individuals in emerging markets seeking protection against unstable currencies [26] - Arc Invest maintains a five-year outlook on Bitcoin, viewing it as a better mechanism for storing and transmitting value [29][30]