Tesla to host its second AI day on Aug 19 to woo talent

Tesla chief Elon Musk has said that the company will host its second artificial intelligence (AI) day on August 19 as the company looks to expand on its plans to better its self-driving technology.

Musk mentioned in a tweet that the purpose of “AI Day is to convince great AI/software/chip talent to join Tesla.”

Tesla has in the recent years started organising more or less annual events focused on specific areas. In 2020, it organised "Tesla Battery Day", where the company spoke of its plans to manufacture its own battery cells for the first time.

The company held its first AI day in August 2021 to bring the company’s self-driving program under the spotlight. Tesla also launched its Dojo supercomputer and “Tesla Bot” humanoid robot, which is known as Tesla Optimus.

Tesla’s self-driven cars have time and again spurred debate around safety concerns, however, Musk always stood his grounds claiming such vehicles are much safer than those operated by humans.

Also, last month Musk had claimed that the company’s long awaited robotaxi will hit the markets overseas by 2024. Musk was speaking at the company’s first quarter earnings call held late on April 20. He added that the robotaxis will be “a massive driver” for the company in future.

The vehicles are supposed to drive by themselves, with no assistance from humans. Musk reiterated that the robotaxis will neither have steering wheels, nor pedals.

Last month, Musk announced that this year Tesla plans to bring out its “full self-driving” beta software to the customers in North America who have put in as much as $12,000 for its driver assistance system.

The option for FSD or full self-driving has been available for years. Tesla vehicles are, however, not self-driving. Tesla vehicles comes with Autopilot- which is a driver assistance system. Owners can buy FSD with an additional $12,000- as promised by Musk, this is a feature will provide full autonomous driving capabilities on day.

Tesla posted earnings of $3.32 billion from January to March this year, which is seven times more than the company’s revenues during the same period last year. The company attributed this growth to high demand, despite facing supply chain constraints due to pandemic-driven lockdowns in China and elsewhere.