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Musk Hijacks Tesla Earnings Call to Pitch $1T Pay Plan
6 months ago
- Elon Musk used Tesla's earnings call to advocate for his $1 trillion pay plan.
- Musk emphasized the need for sufficient voting control to maintain influence but allow for accountability.
- He criticized shareholder advisory firms opposing his compensation package.
Elon Musk says he needs $1T to control Tesla's robot army
6 months ago
- Elon Musk seeks $1 trillion payday to gain more control over Tesla, specifically for AI and robot army development.
- Musk claims he needs 25% ownership to feel comfortable controlling Tesla's AI and robot initiatives, citing concerns about being ousted.
- Tesla's Optimus robot has shown limited capabilities, with some demonstrations appearing scripted or teleoperated.
- Musk's recent political advocacy, including support for white supremacist ideologies, raises concerns about his suitability to control a robot army.
- Musk criticizes shareholder advisory firms ISS and Glass Lewis, calling them 'corporate terrorists' for opposing his pay package.
- The proposed $1 trillion pay package would dilute shareholder value and voting rights, despite Tesla's declining earnings.
Elon Musk Wants 'Strong Influence' over the 'Robot Army' He's Building
6 months ago
- Elon Musk views Tesla as an innovator in AI, software, and robotics, not just an electric car company.
- Musk believes Tesla should be worth up to $20 trillion, significantly more than its current valuation.
- Tesla shareholders will vote on a proposal to pay Musk $1 trillion over the next decade, contingent on hitting ambitious targets like 20 million vehicles delivered and 1 million Optimus robots.
- Musk expressed concerns about maintaining influence over Tesla's future robot army to ensure his control isn't undermined.
- Optimus robots are envisioned as a force for good, potentially eliminating poverty and providing universal access to high-quality medical care.
- Despite optimistic projections, Tesla faces engineering challenges, particularly with humanoid hands and forearms, and has scaled back initial production plans for Optimus.
- Tesla aims to have a production-ready prototype of Optimus by early 2025, with full-scale production starting by the end of the year.
Tesla at the Crossroads: Why Musk Chose Robotaxi over Model 2
6 months ago
- Tesla faced a critical decision in February 2024: produce the Model 2 (a budget EV) or invest in the Robotaxi (self-driving cab service). Elon Musk chose the Robotaxi, overruling senior staff.
- Tesla's history includes launching the Roadster (2008), Model S (2012), and Model 3 (2017), following Musk's Master Plan to create affordable, high-volume EVs.
- Challenges for Tesla include stale models (Model 3), failed launches (Cybertruck, Semi), and competition from Chinese automakers like BYD.
- Musk's public image and political involvement have impacted Tesla's brand, with some customers questioning their association with him.
- Tesla's high P/E ratio (over 250) reflects market expectations for Robotaxi success, making it crucial for stock valuation.
- Senior staff left Tesla after Musk's Robotaxi decision, possibly due to disagreements over Tesla's direction or Musk's leadership style.
- Lessons for managers in competing companies (Waymo, Uber/Lyft, BYD) include preparing for Tesla's Robotaxi push and maintaining competitive edges.
- As of 2025, Tesla's Robotaxi rollout has been delayed, but Musk's stock buybacks have boosted Tesla's share price.
Turns Out, Wikipedia Isn't That 'Woke' as Grokipedia Rips Off Most of Its Pages
6 months ago
- Elon Musk's Grokipedia, a new AI-generated encyclopedia, has launched, claiming to be an unbiased alternative to Wikipedia.
- Grokipedia has cloned numerous Wikipedia articles verbatim, with a disclaimer stating content is adapted from Wikipedia under a Creative Commons license.
- Examples of duplicated articles include Nintendo Switch, MacBook Pro, and Dora the Explorer, with Grokipedia often having fewer citations.
- Grokipedia presents differing narratives on controversial topics like the Jan. 6 Capitol attack and George Floyd, diverging from Wikipedia's descriptions.
- Wikimedia, Wikipedia's parent organization, emphasizes Wikipedia's human-created, nonprofit model and questions Grokipedia's reliance on Wikipedia content.
- Grokipedia's Wikipedia entry highlights criticisms regarding reliability, bias, and verbatim copying from Wikipedia.
- Wikimedia reaffirms Wikipedia's commitment to free, neutral knowledge built by volunteers, distinguishing it from for-profit alternatives like Grokipedia.
What Elon Musk's Version of Wikipedia Thinks About Hitler, Putin, and Apartheid
6 months ago
- Elon Musk's Grokipedia presents 'white genocide theory' as a legitimate concept, omitting the 'conspiracy' label used by Wikipedia.
- Grokipedia's entry on Adolf Hitler highlights his economic achievements before mentioning the Holocaust, reflecting a biased perspective.
- The platform questions Islam's compatibility with liberal democracy and omits negative aspects of Musk's family history, like his grandfather's support for apartheid.
- Musk's xAI created Grokipedia, with all content generated by the AI model Grok, which has been criticized for promoting far-right views.
- Grokipedia's entries on topics like Alternative for Germany (AfD), Russia's invasion of Ukraine, and apartheid reflect Musk's far-right and pro-Kremlin leanings.
- Musk aims to use Grokipedia to counter what he perceives as 'woke' or leftist biases in mainstream media and Wikipedia.
- The platform is part of a broader trend where people seek information that reinforces their political beliefs rather than objective truth.
- Musk plans to expand Grokipedia's reach, even suggesting sending copies to the Moon and Mars, inspired by science-fiction narratives like Asimov's 'Foundation'.
Some rando turned me into a meme coin
6 months ago
- A stranger reached out on LinkedIn, leading to the discovery of a meme coin named $grigs based on the author's tweet.
- The meme coin was created on pump.fun with a market cap of around $12,000, and the community involved AI-generated images of the author and Elon Musk.
- The connection to Elon Musk stemmed from the author's 2007 tweet using the word 'grok', which Musk later named his AI chatbot.
- The community hoped Musk would engage with the coin, unaware the author had blocked Musk in 2023.
- The author decided to publicly disown the meme coin, citing crypto as a scam and Musk negatively, which may have contributed to the coin's lack of success.
- The situation was compared to the 'Parable of the Peanut Memecoin', where promoting the coin led to community backlash.
- The author recommended reading 'Stranger in a Strange Land' by Robert A. Heinlein, where the term 'grok' originated.
Sam Altman tried to cancel his Tesla Roadster, but he was ghosted
6 months ago
- Sam Altman, OpenAI CEO, is trying to cancel his Tesla Roadster reservation and get his $50,000 deposit refunded.
- Tesla unveiled the next-generation Roadster in 2017 with production initially promised for 2020, but it has been delayed every year since.
- Many reservation holders have reported difficulties in canceling their reservations and getting refunds.
- Sam Altman shared his frustration on X, revealing he reserved the Roadster in 2018 and has waited 7.5 years.
- Elon Musk claims Tesla will demonstrate an updated Roadster by year-end, but skepticism remains due to past unfulfilled promises.
Elon Musk hypes Tesla's 8th gen AI chip, still hasn't delivered self-driving
6 months ago
- Elon Musk is promoting Tesla’s 8th-gen AI chip (AI8) while failing to deliver promised self-driving capabilities on older chips (HW3, HW4).
- Musk’s recent Tesla-related updates coincide with a shareholder vote on his $1 trillion compensation package.
- Tesla is currently producing its 4th-gen AI chip (AI4) but has sold 'Full Self-Driving' promises since the 2nd-gen chip.
- Musk admitted HW3 is insufficient for unsupervised self-driving, but Tesla has not provided a clear retrofit plan for affected customers.
- Tesla’s CFO and VP of self-driving hinted at a 'v14 Lite' version for HW3 in Q2 2025, but it remains unclear if it will meet original promises.
- Tesla’s pattern suggests AI4 may face similar obsolescence as HW3, with focus shifting to newer chips (AI5, AI6, AI7, AI8).
- Criticism highlights Tesla’s failure to deliver on self-driving promises while pushing future hardware upgrades.
Norway's Wealth Fund Will Vote Against Musk's $1T Pay Deal at Tesla
6 months ago
- Norway’s sovereign wealth fund opposes Tesla’s $1 trillion compensation package for Elon Musk.
- Norges Bank Investment Management cites concerns over the size of the award and key person risk.
- The fund owns a 1.14% stake in Tesla and previously opposed Musk’s $56 billion pay package in 2024.
- Other investors, including SOC Investment Group and state treasurers, also oppose the pay package.
- Tesla’s board claims the package is necessary to retain Musk, who threatened to leave without a 25% voting stake.
- Premarket trading saw Tesla’s stock drop 2.61% to $456.18.
- Musk’s compensation is tied to Tesla reaching an $8.5 trillion market cap within 10 years.
Elon Musk stoking a civil war in England isn't good for Tesla's sales there
6 months ago
- Tesla's EV registrations in the UK dropped to 511 units in October 2025, a significant decline from previous years.
- Elon Musk's controversial political comments and support for far-right parties have negatively impacted Tesla's brand image in Europe.
- Tesla's demand in the UK and Germany has crashed, with the UK becoming Tesla's worst-performing market in Europe.
- Musk's unfavorability rating in the UK reached 80% due to his inflammatory remarks on immigration and crime statistics.
- Competitors like BYD are expected to outsell Tesla in the UK in 2025, taking advantage of Tesla's declining market share.
- Tesla's stagnant EV lineup, brand issues, and increased competition are contributing to its poor performance in Europe.
How the richest man is boosting the British right
6 months ago
- Sky News investigation reveals X's algorithm amplifies right-wing and extreme content in the UK.
- Elon Musk's influence on British politics grows as he endorses fringe right-wing figures and anti-immigration rhetoric.
- X's open-source algorithm lacks transparency, with experts noting it doesn't fully explain content amplification decisions.
- Analysis shows right-wing voices dominate X's recommended content, with extreme posts receiving significant visibility.
- Former Twitter employees highlight concerns over reduced moderation and increased misinformation post-Musk takeover.
- UK politicians express alarm over Musk's role in fueling division, calling it a threat to democracy.
- X's Community Notes tool aims to combat misinformation but is criticized for being too slow.
- Musk's endorsements on X significantly boost the visibility and traction of right-wing politicians like Rupert Lowe.
- The UK's Online Safety Act is seen by some as a tool to police political speech, raising free speech concerns.
- Experts advocate for politically neutral algorithms to ensure balanced content distribution, a practice not currently observed on X.
Tesla Shareholders Approve Elon Musk's $1T Pay Package
6 months ago
- Tesla shareholders approved a $1 trillion pay package for CEO Elon Musk, contingent on meeting ambitious financial and production targets by 2035.
- Musk could gain control of 25% of Tesla (up from 12%) if targets are met, with over 75% shareholder approval in a preliminary vote.
- Tesla must achieve an $8.5 trillion valuation, deliver 20 million vehicles, deploy 1 million robots and robotaxis, and sell 10 million Full Self-Driving subscriptions in three months.
- Musk emphasized the need for strong influence over Tesla's future robotics and autonomy projects to ensure their success.
- Tesla's board argued the pay package is essential to retain Musk as CEO and keep him focused on the company.
Tesla shareholders approve $1T pay package for Elon Musk
6 months ago
- Tesla shareholders approved Elon Musk's pay package, potentially worth up to $1 trillion over 10 years if benchmarks are met.
- Over 75% of shareholders voted in favor of the deal, which includes milestones like selling 1 million humanoid robots.
- Musk celebrated the approval, emphasizing a new chapter for Tesla, despite recent brand damage and falling revenue.
- The pay package aims to keep Musk focused on Tesla, requiring him to remain CEO for 7½ years to vest shares.
- Musk's wealth could reach $1 trillion, making him the first 'Four Comma Club' member, despite opposition from some investors.
- Tesla faces challenges, including brand damage from Musk's political stance and protests against his government role.
- Musk plans to revitalize Tesla by developing robots and robotaxis, though neither is currently available for public use.
- The pay package includes operational milestones like 20 million vehicle deliveries and 1 million robotaxis in operation.
- Musk's influence could grow to 12% of Tesla if market cap hits $8.5 trillion and milestones are achieved.
- A shareholder proposal to invest in Musk's xAI was inconclusive, with significant abstentions.
Tesla shareholders approve $878B pay plan for Elon Musk
6 months ago
- Tesla shareholders approved Elon Musk's $878 billion pay package with 75% support.
- The approval signals strong backing for Musk's vision to transform Tesla into an AI and robotics leader.
- Tesla's stock rose over 3% in after-hours trading following the shareholder vote.
- Shareholders also re-elected three Tesla board members and approved a replacement pay plan due to legal challenges.
- Musk emphasized Tesla's future ambitions during the shareholder meeting, including self-driving vehicles and humanoid robots.
- The pay package is tied to Tesla achieving milestones like delivering 20 million vehicles and reaching an $8.5 trillion valuation.
- Major investors, including Norway’s sovereign wealth fund, opposed the pay plan.
- The approval alleviates concerns about Musk's divided focus across Tesla, SpaceX, and xAI.
- Musk could earn up to $878 billion in Tesla stock over the next decade if performance targets are met.
Tesla shareholders approve $1T pay package for Elon Musk
6 months ago
- Tesla shareholders approved a $1tn compensation plan for CEO Elon Musk, potentially the largest corporate payout in history if he meets specified goals.
- The plan was approved with over 75% of votes at the annual shareholder event in Austin, Texas, amid strong support from investors.
- Musk emphasized the future role of Tesla's Optimus robots, claiming they could revolutionize industries from healthcare to prisons.
- Critics argue the compensation package concentrates too much power in Musk, ignoring Tesla's current challenges like declining sales and safety risks.
- Musk's pay package is tied to ambitious goals, including increasing Tesla's market capitalization to $8.5tn and deploying millions of autonomous vehicles and robots.
- The compensation plan includes 12 tranches, requiring Musk to stay vested in Tesla for at least seven and a half years and develop a succession plan.
- Musk could own 25% of Tesla's stock if all conditions are met, with shares trading near a 52-week high at about $450 per share.
- Tesla must achieve $400bn in actual earnings for four consecutive quarters, a significant jump from the $4.2bn reported in Q3 2025.
- Shareholders also revived Musk's 2018 compensation plan, worth $56bn, after it was invalidated by a Delaware court, leading Tesla to move its corporate home to Texas.
- Legal challenges in Delaware continue to oppose Musk's compensation, with critics citing undue influence and lack of comparable contracts for other CEOs like Zuckerberg and Bezos.
Elon Musk's $1T pay deal approved by Tesla shareholders
6 months ago
- Elon Musk's $1tn pay package approved by Tesla shareholders with 75% votes.
- Musk must increase Tesla's market value to $8.5tn over 10 years to receive 400M shares.
- Milestones include delivering 20M Tesla vehicles, 1M robots, and $400B in core profit.
- Musk emphasized Optimus robot's role in Tesla's future, sidelining focus on EVs.
- Tesla faces challenges: declining sales, regulatory scrutiny of FSD, and competition in robotaxis.
- Major investors like Norway's sovereign wealth fund opposed the pay deal.
- Musk's political views and persona have polarized public opinion, affecting Tesla's brand.
- Tesla board lobbied heavily for the pay package, raising governance concerns.
- Musk's pay deal grants him more voting power, aligning incentives with shareholders.
Wikipedia, under fire from conservatives and shaken by AI
6 months ago
- Elon Musk criticizes Wikipedia as being controlled by 'far-left activists' and urges people to stop donating.
- Musk launches his own AI-generated encyclopedia called Grokipedia, claiming it is '10X better' than Wikipedia.
- Wikipedia contributors in Paris dismiss Musk's criticisms, calling him a 'joker' and Grokipedia a 'damp squib'.
- Wikipedians continue their volunteer work of monitoring, correcting, and enriching Wikipedia despite attacks.
- American conservatives have been increasingly critical of Wikipedia in recent months.
Somehow Russia Made an Worse Robot Than Elon Musk (Allegedly)
6 months ago
- Elon Musk promotes his humanoid robot as a world-changing innovation, but its current state is far from ready.
- A Russian startup, AIdol, held a disastrous reveal event for their humanoid robot, which failed to walk and fell on its face.
- The event, intended to be triumphant, turned into a public embarrassment, with the robot's malfunction going viral.
- The incident highlights the challenges and competition in the humanoid robot industry, with even Tesla's Optimus facing scrutiny.
Press X to Doubt Elon Musk Will Get His Trillion Dollar Tesla Pay Package
6 months ago
- Tesla shareholders approved a $1 trillion pay package for Elon Musk, contingent on meeting specific KPIs.
- The pay package is structured into 12 tranches, split between market capitalization increases and operational milestones.
- Market capitalization milestones start at $2 trillion and go up to $8.5 trillion.
- Operational milestones include delivering 20 million vehicles, 10 million FSD subscriptions, 1 million Optimus robots, or 1 million Robotaxis.
- Tesla's current FSD adoption is only 12% of its fleet, far from the 10 million target.
- The Optimus robot's potential is speculative, with no concrete achievements yet.
- A clause in the agreement allows Musk to earn shares without meeting milestones under certain 'covered events' like natural disasters or government actions.
- Tesla's current valuation is highly speculative, with risks including competition from Chinese EVs and potential overvaluation.

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#elon musk

Musk Hijacks Tesla Earnings Call to Pitch $1T Pay Plan

Elon Musk says he needs $1T to control Tesla's robot army

Elon Musk Wants 'Strong Influence' over the 'Robot Army' He's Building

Tesla at the Crossroads: Why Musk Chose Robotaxi over Model 2

Turns Out, Wikipedia Isn't That 'Woke' as Grokipedia Rips Off Most of Its Pages

What Elon Musk's Version of Wikipedia Thinks About Hitler, Putin, and Apartheid

Some rando turned me into a meme coin

Sam Altman tried to cancel his Tesla Roadster, but he was ghosted

Elon Musk hypes Tesla's 8th gen AI chip, still hasn't delivered self-driving

Norway's Wealth Fund Will Vote Against Musk's $1T Pay Deal at Tesla

Elon Musk stoking a civil war in England isn't good for Tesla's sales there

How the richest man is boosting the British right

Tesla Shareholders Approve Elon Musk's $1T Pay Package

Tesla shareholders approve $1T pay package for Elon Musk

Tesla shareholders approve $878B pay plan for Elon Musk

Tesla shareholders approve $1T pay package for Elon Musk

Elon Musk's $1T pay deal approved by Tesla shareholders

Wikipedia, under fire from conservatives and shaken by AI

Somehow Russia Made an Worse Robot Than Elon Musk (Allegedly)

Press X to Doubt Elon Musk Will Get His Trillion Dollar Tesla Pay Package