Elon Musk predicted AI and robotics will make work optional within 10 to 20 years, and compared future employment to playing sports or growing vegetables as a hobby.

Tesla shareholders have approved a pay package for Elon Musk that could allow him to earn an unprecedented one trillion dollars' worth of stock.

Tesla Chief Executive Elon Musk took to the stage Wednesday at the U.S.-Saudi Investment Forum and touted the advances of artificial intelligence and robotics. “There is only one way to make everyone wealthy–and that's AI and robotics,

Tesla's CEO is already the wealthiest man in the world. If he can follow through on his sweeping projections, he may become the first trillionaire.

Thursday. November 6. From the NYSE, stocks slip as AI leaders weigh on the Nasdaq and Tesla holders vote on Elon Musk’s one trillion pay package. Big movers include Qualcomm, ARM, Robinhood, DoorDash, e.l.f., Bumble, Snap, and Lyft. CarMax sinks on a CEO exit. Plus the shutdown reaches day 37 and the Supreme Court questions tariff powers.

The vote comes after a top shareholder, Norway's sovereign wealth fund, said it would vote against the pay package.

According to an interactive tool developed by the The Washington Post, Elon Musk’s annual pay at that rate would surpass the combined salaries of around 1.4 million US elementary-school teachers. The article stated that Musk would earn about $3 billion more per year than all these teachers together.

"My prediction is that work will be optional," Musk said about the future.