Tesla's board has proposed a groundbreaking compensation plan for Elon Musk that could elevate his wealth to over $1 trillion. The plan hinges on ambitious benchmarks, including the launch of one million Robotaxis and humanoid robots over the next decade. Shareholder approval is required for this unprecedented package, which aims to keep Musk focused on Tesla's growth.
In a surprising move, Milan Kovac, head of Tesla's Optimus humanoid robot program, is leaving the company. This comes as CEO Elon Musk ramps up plans for mass production of Optimus robots by year-end. Ashok Elluswamy will take over the project.
Explore how AI is set to transform the robotics industry, creating new investment opportunities as robots evolve from performing repetitive tasks to becoming aware of their surroundings for more complex duties.
Discover Apple's latest tech unveilings, including the iPhone 16e, M4 MacBook Air, and innovative plans merging modems with chips. Plus, a startup acquisition and a looming battle with Meta!
