Tesla 'very close' to level 5 autonomous driving technology, Musk says

[F-22Raptor]

SHANGHAI/BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc (TSLA.O) is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference (WAIC).

"I remain confident that we will have the basic functionality for level 5 autonomy complete this year."

Automakers and tech companies including Alphabet Inc (GOOGL.O) Waymo and Uber Technologies (UBER.N) are investing billions in the autonomous driving industry.

However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.


The California-based automaker currently builds cars with an Autopilot driver-assistance system.

Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said.


Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp (7203.T).

https://www.reuters.com/article/us-...us-driving-technology-musk-says-idUSKBN24A0HE

 

[King Julien]

Imagine global supply chain monopolized by fully autonomous Tesla-semi.

 

[PakFactor]

Have a friend who held Tesla since few years approx 1,500 shares she’s sitting on around 1.8MM profit she cashed out yesterday and basically retiring by investing in dividend stocks.
Man I wish I was in her position no work and just chill.

 

[F-22Raptor]

Have a friend who held Tesla since few years approx 1,500 shares she’s sitting on around 1.8MM profit she cashed out yesterday and basically retiring by investing in dividend stocks.
Man I wish I was in her position no work and just chill.

She should have waited to at least Battery Day to cash out. Probably looking at 2K per share by then.

 

[fallstuff]

Must impulsively says many things !

 

[Hamartia Antidote]

SHANGHAI/BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc (TSLA.O) is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference (WAIC).

"I remain confident that we will have the basic functionality for level 5 autonomy complete this year."

Automakers and tech companies including Alphabet Inc (GOOGL.O) Waymo and Uber Technologies (UBER.N) are investing billions in the autonomous driving industry.

However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.


The California-based automaker currently builds cars with an Autopilot driver-assistance system.

Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said.


Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp (7203.T).

https://www.reuters.com/article/us-...us-driving-technology-musk-says-idUSKBN24A0HE

I suspected this due to the rapid stock jump.
My guess is the Level 5 is out of Beta

 

[AViet]

SHANGHAI/BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc (TSLA.O) is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference (WAIC).

"I remain confident that we will have the basic functionality for level 5 autonomy complete this year."

Automakers and tech companies including Alphabet Inc (GOOGL.O) Waymo and Uber Technologies (UBER.N) are investing billions in the autonomous driving industry.

However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.


The California-based automaker currently builds cars with an Autopilot driver-assistance system.

Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said.


Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp (7203.T).

https://www.reuters.com/article/us-...us-driving-technology-musk-says-idUSKBN24A0HE

Auto-pilot taxis already running on Shanghai roads now, but it is still a "will" in the US. How come the US is ahead of China in this field, as you claimed on this forum.

Is the autonomous driving technology in the US a totally different level?

 

[Hamartia Antidote]

Auto-pilot taxis already running on Shanghai roads now, but it is still a "will" in the US. How come the US is ahead of China in this field, as you claimed on this forum.

They are not for sale to the general public (too much equipment) so they are taxis only and currently they still require safety drivers. They are basically more like Waymo (not Tesla) but a few years behind.

Xinhua

Meanwhile this is Waymo. It doesn't need safety drivers anymore.

 

[AViet]

They are not for sale to the general public (too much equipment) so they are taxis only and currently they still require safety drivers. They are basically more like Waymo (not Tesla) but a few years behind.
View attachment 650078

Xinhua

Meanwhile this is Waymo. It doesn't need safety drivers anymore.

It is not really an apple-to-apple comparison. Thanks anyway.