Discontent in Tesla (TSLA) Autopilot Ranks - WSJ

August 24, 2017 3:44 PM EDT

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Tesla (NASDAQ: TSLA) shares are shrugging off a report mid-day from the WSJ that a number of engineers and executives from the company's Autopilot team have resigned amid concerns about safety and reliability.

The Autopilot team has lost at least 10 engineers and four top managers, including Autopilot director Sterling Anderson, in recent months.

A Tesla spokeswoman attributed the turnover in the group to fierce competition for talent at large tech companies.

Meanwhile, Tesla CEO Elon Musk took exception to the story and said he was unhappy with previous Journal articles on the company. “While it is possible that this article could be an exception, that is extremely unlikely, which is why I declined to comment,” he wrote the Journal.

Full WSJ story here



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