Silicon Valley is gunning hard for humanoids. A report released by Morgan Stanley on Friday predicted Apple, which is reportedly looking into the robots, could potentially earn $133bn a year from them by 2040. Foxconn is reported to be deploying them at its Nvidia factory in Texas.

The money will be awarded in a series of payments over 10 years if Tesla meets a series of performance benchmarks.

Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for 'paving the path.'

Angus Rittenburg is the CEO of Wynk, a THC beverage company. Before becoming a founder, he spent two years working full-time as a Tesla engineer.

Shareholders approved a $1 trillion pay package for Chief Executive Elon Musk, but gave mixed support to the idea of the carmaker [investing in his

CEO Elon Musk on Thursday said Tesla probably will have to build "a gigantic chip fab" to make artificial intelligence chips and publicly mused the EV maker could work with Intel.

Musk said he picked the date so he "could say I was just kidding" if it changes again. He had spent months teasing a reveal by the end of this year.