- Tesla‘s AI lead urged investors to support CEO Elon Musk’s $1 trillion pay package.
- Elon Musk is described as essential to Tesla’s efforts in Artificial Intelligence and robotics.
- Leadership claims only Musk possesses the necessary skills across AI, engineering, robotics, and manufacturing.
- Tesla shares dropped by nearly 4% during Thursday midday trading.
- Bears dominated retail investor sentiment around Tesla at the time.
On Thursday, Tesla’s head of artificial intelligence, Ashok Elluswamy, called on investors to vote in favor of CEO Elon Musk’s $1 trillion pay deal. The statement was made in a public post urging support at a pivotal time for the electric vehicle company.
Elluswamy emphasized that Musk drives Tesla’s advancements in AI and autonomy. According to Elluswamy, Musk is uniquely qualified across a range of areas, including artificial intelligence, robotics, engineering design, and manufacturing.
In his post on X, Elluswamy stated, “Tesla is at a critical juncture, as it is metamorphosing into the world leader in robotics. Creating large-scale, useful robots requires expertise across engineering design, manufacturing, real-world AI software, chips for AI, and more. Elon is, quite likely, the only person on Earth with deep skills and the right instincts across all these domains.”
During trading on Thursday, Tesla shares decreased close to 4%. Retail investor sentiment at the time was predominantly bearish.
Elluswamy’s appeal comes as Tesla aims to expand from electric vehicles into broader technology efforts including robotics and real-world AI applications, highlighting the company’s ongoing transformation.
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