Autonomous Vehicle News
SHANGHAI: Electric car giant Tesla is set to realise fully autonomous vehicles “later this year”, CEO Elon Musk said on July 6, in the billionaire’s latest forecast for the long-anticipated milestone. “In terms of where Tesla is at this stage, I think we are very close to achieving full self-driving without human supervision,” Musk said via video link at the opening ceremony of an artificial intelligence conference in Shanghai. “This is only speculation, but I think we’ll achieve full self-driving, maybe what you would call four or five, I think later this year,” the billionaire added, referring to two of the most advanced levels of autonomous driving technology. China is the world’s biggest electric vehicle market and Tesla announced in April it would build a second massive factory in Shanghai. Tesla reported a drop in first-quarter earnings this year, with the company undertaking a series of price cuts in the face of competition from other automakers.