lappiloco
2022-07-14

$Tesla Motors(TSLA)$

Tesla Inc.’s top artificial intelligence executive and a key figure behind its driver-assistance system Autopilot is leaving the electric-car maker after a months-long sabbatical.

Tesla shares dropped 1.8% to $698.57 as of 9:45 a.m. Thursday in New York. The stock has fallen 34% this year.

The departure adds to a long line of turnover atop the Autopilot group, which has struggled to realize Elon Musk’s autonomous ambitions. The chief executive officer raised billions of dollars in 2019 after telling Wall Street Tesla would have 1 million robotaxis on the road the following year. The shared network of driverless cars Musk described still doesn’t exist, and the systems Tesla markets as Autopilot and Full Self-Driving, or FSD, require fully attentive drivers to keep their hands on the wheel.

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Comments

  • Frosty4ever
    2022-07-15
    Frosty4ever
    last few months he was on sabbatical.  won't know effect till much later
  • Baaaaam
    2022-07-15
    Baaaaam
    I’m short term bullish and long term bearish on Tesla.
  • setia100
    2022-07-15
    setia100
    Work From Home till Stay Home for Good 😙
  • tiger cub
    2022-07-15
    tiger cub
    ok
  • serenityj
    2022-07-15
    serenityj
    ok
  • rogerl
    2022-07-15
    rogerl
    latest
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