Connect with us

Hi, what are you looking for?


Musk: Tesla Close to Achieving Full Autonomy

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes

BNR – Tesla CEO Elon Musk stated during his trip to Paris on Friday that the company is close to producing entirely self-driving vehicles. He went on to say that autonomy was the primary driver of Tesla’s market worth.

The stock of the corporation increased by up to 3 per cent, reaching its highest level in over eight months.

Tesla is the globe’s largest automaker, with a market value of over $800 billion. However, it has consistently fallen short of Musk’s objectives for complete self-driving capabilities.

Autonomy is Key Driver, Musk Affirms

“Although I’ve said this before, I think we will solve autonomy soon,” the billionaire said. “The value of the company is primarily on the basis of autonomy. That’s really… the main driver of our value.”

According to the electric vehicle manufacturing company, what it refers to as the “Full Self-Driving” programme fails to render its vehicle independent. Furthermore, driver monitoring is required by the programme.

Musk visited French President Emmanuel Macron for the second time in less than a month on Friday. French officials are seeking to persuade the Tesla CEO to build his next Tesla Gigafactory in Europe in France.

Musk also dined with Bernard Arnault, CEO of luxury goods company LVMH, and two of his sons, Antoine and Alexandre.

Arnault and Musk have alternated as the world’s richest persons. However, Musk has recently taken the lead following a downturn in luxury and a rebound in Tesla prices.


In an interview with ET Now, Dabur India Director Mohit Burm..


The 147th Open championship will be at Carnoustie Golf Club in Scotland. Jan Kruger/R&A Golfers ..


Enlarge Oliver Morris/Getty Images) In response to an Ars re..


Enlarge/ You wouldn't really want to use Nvidia's ..