Tesla’s Optimus head Milan Kovac resigns, hands reins to Autopilot lead Ashok Elluswamy amid Musk’s push for AI and robotics growth.

Instead, he is now focusing on launching autonomous taxis and humanoid robots, signaling a future where Tesla positions itself as an AI and robotics company rather than solely an automaker.

According to Morgan Stanley, Tesla's development into robotics and artificial intelligence together with its current leadership in electric cars might provide long-term growth prospects.

And management should ... by using AI and robotics if he did not have such a large ownership stake. Even stated that he would ‘prefer to build products outside of Tesla’ if it came to that.

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Tesla’s GEN-3 Teslabot, known as Optimus, marks a significant step forward in robotics, designed to tackle ... and household management. Tesla’s long-term vision includes integrating these ...

The claim is further evidence of Mr. Musk’s intentions to move Tesla away from EVs and into AI and robotics. As competition grows in the EV market, Tesla’s market share has steadily declined.

“Musk did a very good job in our opinion discussing the Tesla long-term strategic vision, autonomous, robotics, and showing leadership at a time it was very needed for the Tesla story ...