Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Friday that any company other than his own will take five years or more to crack the “incredibly challenging” fully autonomous driving technology.
What happened: Musk responding to a post on the microblogging site Twitter that criticized the media and analyst reaction to Tesla’s fourth-quarter effects as “hilarious. “
Given how incredibly complicated the FSD is, I think it may be five years or more before a company other than Tesla figures it out.
– Elon Musk (@elonmusk) January 28, 2022
See also: Tesla CEO Elon Musk says FSD level four is likely to be next year
Musk, who has been promising fully autonomous driving (FSD) for years, told investors on Wednesday he would be “surprised” if Tesla didn’t succeed at the FSD milestone this year.
According to SAE International, which defines five degrees of automation, a Level Four and Level Five formula means that the vehicle can take care of all facets of driving without human intervention. Tesla’s Autopilot is recently ranked at Level 2.
Where the rivals are: German automaker Mercedes-Benz said last month it had achieved Level 3 autonomous driving. The newly achieved state, he said, will allow drivers to let the steering wheel pass in slow traffic.
General Motors Co (NYSE: GM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) have been testing their Cruise and Waymo autonomous taxis in San Francisco for months.
See also: See also: Cathie Wood buys $28 million in Tesla stock as stocks collapse, ending a months-long wave of profit reserve
GM CEO Mary Barra revealed Thursday that she made her first trip in a driverless cruise taxi in San Francisco. Barra shared the main points of his trip with Cruise co-founder Kyle Vogt in a three-minute video on various social media sites.
I took my first driverless trip @Cruise San Francisco with @kvogt, and it was just amazing. This is the kind of delight we dream of, and now with Cruise, our autonomous long-distance travel is here. Congratulations, cruise team!https://t. co/X9aBKR1wiU
— María Barra (@mtbarra) January 27, 2022
GM claims cruise origin is a level four to five driverless vehicle.
Ford Motor Co (NYSE: F) has its generation of autonomous driving in the United States with Argo AI.
Price Action: Tesla by percentage closed down 11. 55% to $829. 10 based on the constant percentage on Thursday. Inventory is down 30. 9% so far this year.
Photo: Courtesy of Nvidia Corp. Flickr
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