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Tesla’s Elon Musk planning on ‘AI day’ to boost recruiting

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Tesla Inc.
TSLA,
-0.40%

Chief Executive Elon Musk tweeted Monday he’s “looking at holding” a day dedicated to showcasing the electric-car maker’s “progress” in its artificial-intelligence systems. Musk left the date open, saying only the event would take place “in about a month or so” and that its purpose would be recruiting. Tesla earlier this month hosted an event to showcase its Model S Plaid trim, the top-of-the-line option for the luxury sedan, and in September held an event to highlight battery technology. Shares of Tesla have lost 11% this year and gained 213% in the past 12 months, which compares with gains of 12% and 36% for the S&P 500 index
SPX,
+1.40%

in these same periods.

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