Elon Musk may be trying to pivot Tesla Inc. away from electric vehicles and toward humanoid robots, but to skeptical investors there’s no hiding from its stagnating sales and eye-watering

Elon Musk's electric vehicle company is proposing to make a strategic investment in his artificial intelligence company.

By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -How can Tesla become an $8.5 trillion company? That's the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk's new pay package announced last week.

Electric car manufacturer Tesla’s CEO, Elon Musk, has projected that the company will switch from autonomous automobiles to robotics. He further suggested in the firm’s Master Plan Part 4 that 80% of the company’s value will come from the Optimus robots.

From a Tesla investor's perspective, if Elon Musk can develop working self-driving cars, robotaxis, and autonomous humanoid robots within 10 years, plus grow Tesla's market cap eightfold, he probably deserves the payout he'd get. This makes this pay package -- eye-popping though it is -- a win-win for Tesla shareholders.

Tesla Chair Robyn Denholm offered a forceful endorsement of Musk’s leadership in a Bloomberg TV interview Friday.