Tesla has lost another leader of its Optimus humanoid robot program, which is upsetting those who bet on Tesla’s stock (TSLA), as CEO Elon Musk says most of Tesla’s value is tied to the robot.
Musk claims that 80% of Tesla’s future earnings would come from its humanoid robot, which he believes would bring in trillions of dollars and finally justify Tesla trading at more than 200 times earnings.
That’s been hard to believe considering the state of the Optimus program.
All of Tesla’s public demonstrations so far have involved remote control by humans, and the company has not been entirely forthcoming about that.
In June, Milan Kovac, the head of the Optimus program, left Tesla, just months after being promoted to senior vice-president by Musk.
Shortly after, we learned that Tesla was delaying production due to an unexpected redesign.
Now, we learn that another leader of the Optimus program has left Tesla: Ashish Kumar, who led Tesla’s Optimus AI team for the past two years.
Kumar received a phD in artificial intelligence from Berkeley in 2023 and quickly joined Tesla’s humanoid effort. He was believed to be leading the AI aspect of the program, while Kovac led the overall program, including robotics.
He announced his departure on X:
Kumar confirmed that he joined Meta’s AI team as a researcher. Meta has been aggressively poaching AI researchers over the last year, but Tesla has remained largely unaffected by this effort.
The Facebook owner has been reported to be offering substantial compensation packages worth hundreds of millions of dollars and even billions to AI researchers, but this hasn’t been confirmed.
Some Tesla shareholders were visibly upset by Kumar’s announcement and some quickly accused him of taking Meta’s money:
Kumar responded and claimed that Tesla was actually giving him a better deal than Meta:
Financial upside at Tesla was significantly larger. Tesla is known to compensate pretty well, way before Zuck made it cool. If I wanted to optimize for money, I would have stayed at Tesla.
It didn’t stop many Tesla sharehodlers to be mean to him for simply deciding to work on something else than Optimus:
Electrek’s Take
It will not come as a surprise to anyone here, but damn, the Tesla community is really becoming toxic.
This individual dedicated two years of his life working at Tesla. The only appropriate thing to say is: thanks for your hard work and good luck in your next endeavor.
The reason they are being so mean is that they believe Elon Musk’s lies that Optimus will justify Tesla’s insane valuation and become the most valuable company in the world; this guy’s departure challenges their view.
Why would he give up working on the most important product of all time and likely become a billionaire in the process? Maybe because these things won’t happen?
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