Tesla Executive In Charge Of Supercomputer Project Resigns

Peter Bannon, Tesla’s (TSLA) executive in charge of the Dojo supercomputer project, is leaving the company after nearly 10 years.
Bannon was vice-president of hardware design engineering at Tesla. He joined Tesla in 2016 from Apple (AAPL).
Most recently, Bannon was leading the development of Tesla’s Dojo supercomputer and reported directly to Chief Executive Officer (CEO) Elon Musk.
Media reports say Musk has ordered Bannon’s team to shutdown, with engineers in the group reassigned to other projects at Tesla.
Musk has been trying to convince shareholders that Tesla will pivot to become an artificial intelligence (A.I.) and robotics company and not just an electric vehicle maker.
A big part of that transformation was Dojo; a custom-built supercomputer designed to process and train A.I. models.
Dojo was also meant to improve the company’s driver assistance systems, and to help turn Tesla vehicles into self-driving robotaxis.
On Tesla’s earnings call this July, Musk said the company expected its newest version of Dojo to be “operating at scale sometime next year…”
Tesla has experienced an exodus of top talent this year as the company struggles with declining electric vehicle sales and a sinking share price.
So far in 2025, TSLA stock has fallen 15% to trade at $322.27 U.S. per share.