Having robots comply with criminals round to stop all crime seems like a superbly workable plan that is under no circumstances dystopian

Certainly one of nowadays, we have to have an extended, onerous dialogue concerning the extent to which the institution press (The New York Occasions, The Atlantic,
and too many others to rely) enabled this mess—first by build up
the mythology of the Tech Messiah, and extra lately by going all-in on
the sane-washing of techno-optimism as “abundance.” 

Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
Lora Kolodny

Tesla stated shareholders voted in favor of CEO Elon Musk’s nearly $1 trillion pay plan, with 75% help amongst voting shares.

Board
members really useful shareholders approve the pay plan, which they
launched in September. High proxy advisors Glass Lewis and ISS really useful voting in opposition to it.

Outcomes of the vote have been introduced on Thursday on the firm’s annual shareholders assembly in Austin, Texas.

 

Just a few factors we’ve made earlier than, however which bear repeating:

It’s inconceivable to justify Tesla’s present market cap—not to mention the proposed compensation package deal—primarily based on the corporate’s present strains of enterprise. The one believable arguments relaxation on the idea that Tesla will obtain monopoly or near-monopoly management over a number of new applied sciences that can show worthwhile past precedent.

Two of those—autonomous automobiles and humanoid robots—would every should exceed even probably the most optimistic critical estimates of their potential market. The case for large-language-model generative AI is considerably extra controversial, however even that doesn’t matter as a result of…

Tesla is much behind its rivals in all of those fields, with no credible plan for catching up. It’s, at finest, a distant second to Waymo within the robo-taxi market and continues to fall additional behind. It’s most likely in fourth or fifth place in generative AI (until you rely pornography, the place it does appear to have taken the lead). In robotics, it’s arguably even decrease within the rankings. Throughout all of those sectors, its rivals have a substantial lead in each know-how and expertise.

Regardless of all this, Musk’s claims have grown much more grandiose—now continuously tipping into the delusional. He’s explicitly promising to finish all human need, to fulfill all of our materials wishes and bodily wants, as much as and together with having robotic housekeepers that may additionally carry out delicate surgical procedures—presumably between cooking dinner and vacuuming the lounge.

As commentators have (maybe too) eagerly identified, receiving that full trillion-dollar payout requires assembly various extremely unlikely situations. Nevertheless it’s necessary to not overlook that Elon’s present compensation package deal is obscene; the corporate’s valuation—which is the supply of most of his wealth—defies all guidelines of enterprise, logic, and arithmetic. And maybe most significantly, even assembly some of these situations will unlock mind-boggling quantities of cash.

Ed Niedermeyer (who actually wrote the guide on Tesla) was there and taking notes.

Many of the Tesla shareholder proposals are like “Tesla is an unbelievable firm, however perhaps we must always be sure we now have some primary accountability or be sure we aren’t exploiting baby labor” and the board recommends in opposition to all of them

— e.w. niedermeyer (@niedermeyer.on-line) November 6, 2025 at 1:40 PM