Musk's one million KPIs once again catalyze the pace of mass production of humanoid robots.
Tesla's filing with the US Securities and Exchange Commission on September 15th shows that CEO Elon Musk purchased over 2.5 million shares of Tesla stock on September 12th, totaling approximately $1 billion. Prior to this, the Tesla board proposed a new compensation plan to Musk, with a potential value of nearly $1 trillion. According to the agreement, the Tesla board will grant Musk up to 423.7 million restricted stock units, representing about 12% of the company's adjusted total share capital, to be distributed in 12 batches. One of the operational goals to unlock the trillion-dollar compensation is to require the delivery of 1 million humanoid robots. The industry generally considers 2025 as the first year of mass production and accelerated commercialization of humanoid robots, and Musk's KPI may once again catalyze production pace.
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