Bloomberg Intelligence Musk Offers Loft Promises After $1 Trillion Tesla Payday
Nov 7, 2025
In this engaging discussion, Steve Man examines Elon Musk's ambitious $1 trillion pay package and the technological hurdles behind his dreams of robotics and AI autonomy. Nathan Naidu sheds light on Take-Two's decision to postpone the highly anticipated Grand Theft Auto VI, emphasizing the need for more polish before launch. Michael Halen provides insight into Wendy's better-than-expected third-quarter results and the challenges they face in a competitive restaurant market. Together, they delve into the future of tech, gaming, and fast food.
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Pay Package Tied To Ambitious Physical-AI Goals
- Elon Musk's approved pay package ties compensation to extreme growth targets that require major execution across cars, autonomy, and robotics.
- Steve Man says achieving $8.5 trillion market cap and $400 billion EBITDA will force Tesla to focus on delivering physical AI at scale.
Cars Remain Crucial To Tesla's Autonomy Plan
- Tesla's path is not just cars but 'physical AI' delivered through vehicles and robots, says Steve Man.
- He argues Tesla must keep producing cars to proliferate autonomy and train its special-purpose chips and models.
Tesla's Chip And Fab Ambition Targets Autonomy
- Musk aims to build special-purpose autonomy chips and even his own fab, which would compete with NVIDIA and TSMC.
- Steve Man notes those chips target autonomy workloads rather than general-purpose AI applications.