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. "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. Musk has missed his own deadlines for a fully autonomous vehicle -- and Tesla's driver-assistance technology has provoked regulatory probes in the United States. 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.