Tesla CEO Elon Musk officially secured his massive, performance-based compensation package, valued at $1 trillion, and to celebrate such a moment, Musk broke into a celebratory dance. Moments after the shareholder approval was confirmed, Musk celebrated the landmark decision not with a traditional press conference or statement, but by engaging in a unique, viral dance routine with one Optimus bot – Tesla’s own humanoid robots.
The celebratory video, which immediately swept across social media platforms, showed Musk breaking into an impromptu dance alongside an Optimus robot. The footage showed a spontaneous and slightly awkward charm that Musk is usually associated with, highlighting his peculiar persona. And unlike a few years ago, when Musk’s demonstration of the Tesla robot was essentially a man dressed in a spandex suit, this one was the actual robot pulling off the moves.
Elon Musk’s historic $1 trillion salary approval
The unique dance video acknowledges that the approval of Musk’s compensation package, which is considered a major victory for Musk and the Tesla board. The package, initially set in 2018, was designed to reward Musk if he achieved aggressive market capitalisation and operational milestones. The $1 trillion valuation is tied to the massive growth of Tesla’s stock and its market position as a global leader in EV and clean energy.
The shareholder vote was a necessary step following legal challenges to the original deal. The decisive support shown by shareholders, i.e., voting in favour of the record-breaking compensation deal, reaffirms their faith in Musk’s leadership. This also goes on to show that Musk’s vision for robotics with Tesla has a glorious future.
Lately, Tesla has increasingly positioned its humanoid robot project, Optimus, as one of its core future businesses, potentially exceeding the value of its automotive division. By featuring the robot prominently in his celebration, Musk drew immediate attention to the company’s mission – be a leader in sustainable transportation and lead the age of artificial general intelligence (AGI) and robotics.
