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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