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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen11/7/2018 3:16:24 PM
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Tesla To Have Full Self-Driving Cars On The Roads In 2019, Confirms Elon Musk

Speaking with Recode's editor-at-large Kara Swisher, Tesla and SpaceX CEO Elon Musk said he's confident that the carmaker will achieve full self-driving next year, in 2019, ahead of any other car manufacturer.

"I don’t want to sound overconfident, but I would be very surprised if any of the car companies exceeded Tesla in self-driving, in getting to full self-driving," confided Musk. "They’re just not good at software. And this is a software problem."

However, in the race to fully autonomous driving, Musk does think that Waymo, Alphabet's self-driving car division, would be Tesla's closest competitor although he doesn't believe anyone comes close to Tesla "in terms of achieving a general solution."

"You can definitely make things work like in one particular city or something like that by special-casing it," he added. "But in order to work, you know, all around the world in all these different countries where there’s, like, different road signs, different traffic behavior, there’s like every weird corner case you can imagine. You really have to have a generalized solution. And to the best of my knowledge, no one has a good generalized solution."

Read More - Forbes
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