Elon Musk responded in kind to Tesla Inc. investors approving his $1 trillion compensation package, making a series of extravagant predictions about what the company will be capable of in the years to come.

AI CEO Elon Musk said there will be "a lot of trauma and disruption," but it is possible to have a future where work is optional.

Silicon Valley is gunning hard for humanoids. A report released by Morgan Stanley on Friday predicted Apple, which is reportedly looking into the robots, could potentially earn $133bn a year from them by 2040. Foxconn is reported to be deploying them at its Nvidia factory in Texas.

The long-awaited second-generation Tesla Roadster is slated for an April 1 2026 reveal. Production is expected to start 12–18 months later.

The unprecedented payday will go into full effect by 2035—as long as Tesla hits ambitious financial and production targets.

The Tesla CEO says his company is already buying all the chips it can from TSMC and Samsung, but his car and robotics efforts still need even more silicon.

Tesla shareholders approved CEO Elon Musk's nearly $1 trillion pay plan. President Donald Trump announced deals with Eli Lilly and Novo Nordisk to cut the prices of some obesity drugs. David Sacks, Trump's AI and crypto advisor, said there will be "no federal bailout for AI."

CEO Elon Musk on Thursday said Tesla probably will have to build "a gigantic chip fab" to make artificial intelligence chips and publicly mused the EV maker could work with Intel.