Musk says Tesla close to reaching vehicle autonomy

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Billionaire Elon Musk told a crowd in France on Friday that Tesla is close to achieving fully autonomous vehicles, saying that autonomy was the 'main driver' of its market value.

Speaking at the VivaTech conference in Paris, the billionaire said that autonomy was the "main driver" of its market value."The value of the company is primarily on the basis of autonomy," the chief executive said. "That's really, I think, the main driver of our value."

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023.does not make the vehicles autonomous,"These features are designed to become more capable over time; however the currently enabled features do not make the vehicle autonomous.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. The autopilot assists the car with steering, accelerating and braking for other vehicles and pedestrians within its lane. It assists with "the most burdensome parts of driving.""With Full Self-Driving capability, you will get access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision," Tesla says.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023.

 

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