The disbanding of Tesla’s Dojo efforts follows the departure of around 20 workers, who left the automaker to start their own AI company dubbed DensityAI focused on data center services for industries.

The suit, filed in an Austin federal court, accuses Musk and Tesla of securities fraud for allegedly concealing risk related to the company's self-driving technology.

The “interim” package announced on Monday was intended to help retain Elon Musk, whose previous pay plan was invalidated by a judge.