Tesla touts power of self-driving microchip in cars, working on software

SAN FRANCISCO: Chief Executive Elon Musk unveiled on Monday a microchip for self-driving vehicles that the electric car company hopes will give Tesla Inc an edge over rivals.

All cars being produced now have the chip and the company was about halfway through the design process for the next generation chip, which Musk estimated would be about three times better than the current system. Musk, who sat on the stage next to the head of AutoPilot Pete Bannon, added:"Any part of this could fail and the car will keep driving."Musk has been the center of most Tesla presentations, but on Monday he ceded the spotlight to his top hardware and software executives.

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