Wednesday, October 4, 2023
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Tesla's Elon Musk is optimistic about the progress of autonomous driving and robots


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By Abhirup Roy

SAN FRANCISCO (Reuters) – Tesla (NASDAQ: TSLA) Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s been optimistic before.

The electric vehicle maker is in early talks with a major automaker to license its full self-driving technology, Musk added.

The value of Tesla vehicles would rise in perhaps “the single biggest step change in history” once regulators approved self-driving, he said at an earnings briefing. 马斯克还表示,处于试验阶段的特斯拉机器人可能会成为一个巨大的产品。 He said they could help on Tesla’s factory floor as soon as next year, although only about

Rising interest rates and competition from new EV makers have forced Tesla to lower car prices to gain market share, hurting profit margins.

But Musk said that Tesla will continue to expand sales at the expense of profit margins, betting on the long-term value of FSD. “Autonomy is going to make all those numbers look silly,” he said. But Musk was more cautious than usual.

“People make fun of me a little bit, maybe fairly fairly, that my predictions for fully autonomous driving have been optimistic in the past,” he said.

“I’m the boy crying about FSD, but I think we’ll be better than humans by the end of the year,” he said. “I was wrong before, and I may be wrong this time.” “


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