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Tesla Recasts Mission as 'Sustainable Abundance' as Musk Bets on Optimus and Courts Record Payout

Analysts flag major technical and safety hurdles, with Optimus so far limited to narrow, early tasks.

Overview

  • On Tesla’s Q3 call, Elon Musk said the company’s mission now targets “sustainable abundance,” arguing Optimus and self‑driving could help eliminate poverty and broaden access to top medical care.
  • Musk announced Optimus Version 3 is slated for early 2026 and outlined an ambition to scale production to roughly one million humanoid robots per year.
  • He promoted a machine‑driven “Universal High Income” concept and suggested this shift could begin to unfold by 2030, framing robots as drivers of a post‑labor economy.
  • Musk pressed investors to approve a CEO compensation plan reportedly worth up to $1 trillion, saying he wants more control before “building a robot army,” with a shareholder vote reported for Nov. 6.
  • Coverage notes Optimus has only limited demonstrations and factory tasks to date and cites battery life, dexterity, autonomy, and safety as significant barriers to Musk’s timeline and claims.