Elon Musk plans to build what he described as a “robot army,” Wired reported earlier this week, citing the Tesla CEO’s remarks during the company’s recent earnings call. The billionaire businessman is said to be seeking greater personal influence over Tesla as it expands into robotics and artificial intelligence.
According to the report, Musk is seeking to increase his voting power at Tesla to about 25%, and has defended a compensation package that could be worth up to $975 billion, arguing that strong control is necessary as the company develops humanoid robots and artificial intelligence systems.
Musk reportedly told investors that his main concern is maintaining adequate control over Tesla’s future direction. He said he wouldn’t feel comfortable “building an army of robots” unless he had a strong say in how they operated — not total control, but significant influence.
The proposed compensation revealed in September would be spread over ten years if Tesla achieves a series of ambitious milestones. To launch the full package, the company must raise its market value from just over $1 trillion to $8.5 trillion, deliver 20 million electric cars, produce 1 million robotaxis, and build 1 million Optimus robots. Achieving these goals could increase Musk’s ownership stake from 13% to 25%.
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