Autonomous Vehicle News
Electric car giant Tesla is set to realise fully autonomous vehicles “later this year”, CEO Elon Musk said Thursday, in the billionaire’s latest forecast for the long-anticipated milestone. China is the world’s biggest electric vehicle market and Tesla announced in April it would build a second massive factory in Shanghai. ALSO READ: Elon Musk’s Tesla has loyalty other car brands could only wish forHis appearance at the World Artificial Intelligence Conference in Shanghai marks his latest effort to maintain close links to China, following a visit to the country in May. Electric vehicles make up a quarter of car sales in China, the world’s largest car market, and dozens of new models from domestic and Western brands were unveiled in April at the country’s first auto show since Covid restrictions were lifted. ALSO READ: Drag race: Koenigsegg v Tesla Plaid v Supercharged HayabusaTesla 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.