Tesla's Elon Musk planning on 'AI day' to boost recruiting

Dow Jones2021-06-22

MW Tesla's Elon Musk planning on 'AI day' to boost recruiting

Tesla Inc. $(TSLA)$ Chief Executive Elon Musk tweeted Monday he's "looking at holding" a day dedicated to showcasing the electric-car maker's "progress" in its artificial-intelligence systems. Musk left the date open, saying only the event would take place "in about a month or so" and that its purpose would be recruiting. Tesla earlier this month hosted an event to showcase its Model S Plaid trim, the top-of-the-line option for the luxury sedan, and in September held an event to highlight battery technology . Shares of Tesla have lost 11% this year and gained 213% in the past 12 months, which compares with gains of 12% and 36% for the S&P 500 index in these same periods.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

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June 21, 2021 15:12 ET (19:12 GMT)

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danjean
2021-06-22
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