Tesla 'very close' to level 5 autonomous driving technology, Musk says
U.S. electric vehicle maker Tesla Inc (TSLA.O) is “very close” to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.
“I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly,” Musk said 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.”
Automakers and tech companies including Alphabet Inc (GOOGL.O) Waymo and Uber Technologies (UBER.N) are investing billions in the autonomous driving industry.
However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully.
The California-based automaker currently builds cars with an Autopilot driver-assistance system.