View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 9, 2020

Tesla ‘very close’ to level 5 autonomous driving technology – Elon Musk

Tesla is "very close" to achieving level 5 autonomous driving technology, chief executive Elon Musk was quoted as saying on Thursday.

By Olly Wehring

Tesla is "very close" to achieving level 5 autonomous driving technology, chief executive Elon Musk was quoted as saying on Thursday.

"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Reuters quoted Musk saying, 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."

Industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully, the news agency report noted.

Tesla currently builds cars with an Autopilot driver assistance system.

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

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

Tesla recently became the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front runner Toyota Motor.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto