Jon Quast

That's the highest for October since 2003.

If you look at year-to-date, the highest since 2020.

Lou, is there anything to be concerned with the regular working person?

This past weekend, it came out that Warren Buffett in charge of Berkshire Hathaway.

Berkshire Hathaway is actually sitting on a record pile of cash at $382 billion.

For her perspective, that's more money than what 95% of S&P 500 companies are worth.

I think we call that a lot.

Is this Warren Buffett saying, hey, I'm actually scared too and I'm hanging on to my cash?

What do you think, Lou?

As crazy as this might sound, $382 billion isn't actually the biggest number that we have to talk about today.

Tesla announced that its 2025 Performance Award for CEO Elon Musk has been approved.

If this thing fully vests, Musk's wealth is going to make Berkshire's cash look like chump change.

It's a trillion-dollar pay package put all together.

I wanted to point out that there are milestones here with this Performance Award, and there are both, let's say, stock milestones, but I want to focus in on the operational milestones that the company has laid out.

Essentially, it's looking to deliver 10 million Tesla vehicles cumulatively, 5 million active full self-driving subscriptions.

Optimus robots are in there, robotaxis are in there.

What do you guys think about this?

I've gone on record saying I'm not eager to have an Optimus robot in my house.

But that said, the goal here is 500,000 Optimus.

I think that there are potentially 500,000 people out there interested in it.