Musk's bets on Tesla: human-like robots and self-driving cars

2022-01-28 12:05:00 AM

Tesla's most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot the company expects to help out in the factory.

Tesla's most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot the company expects to help out in the factory.

Tesla's most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot the company expects to help out in the factory.

“I love the fact that they're pushing the envelope, but I think they are too aggressive,” said Roth Capital Partners analyst Craig Irwin.Musk has built a career on defying sceptics with working businesses in electric cars and rockets. Some Tesla drivers buy $12,000 (roughly R

184,291)self-driving packages in the expectation that full autonomy is around the corner, and 60,000 Tesla drivers are testing the latest self-driving software, a scale that other autonomous vehicle software companies can only dream of.“I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked,” Musk said, predicting full self-driving would become “the most important source of profitability for Tesla”.

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Tesla and other auto technology companies have missed their targets for self-driving software for years. “I love the fact that they're pushing the envelope, but I think they are too aggressive,” said Roth Capital Partners analyst Craig Irwin. The world’s most valuable carmaker will focus on scaling up production in 2022 to follow up what CEO Elon Musk called a breakthrough year both for Tesla and electric cars in general. Musk has built a career on defying sceptics with working businesses in electric cars and rockets. In 2020, Musk said Tesla would launch an autonomous, $25,000 car within three years. Some Tesla drivers buy $12,000 (roughly R 184,291) self-driving packages in the expectation that full autonomy is around the corner, and 60,000 Tesla drivers are testing the latest self-driving software, a scale that other autonomous vehicle software companies can only dream of. “Both last year and this year, if we were to introduce new vehicles, our total vehicle output would decrease,” Musk said late on Wednesday after Tesla reported record revenue and earnings per share, both of which beat analysts’ estimates. “I would be shocked if we do not achieve full self-driving safer than human this year.BusinessInsider.

I would be shocked,” Musk said, predicting full self-driving would become “the most important source of profitability for Tesla”. While having to procure chips for just a handful of models has been an advantage for Tesla, putting off launches of new products carries some risk.co. “It's nutty good from a financial standpoint,” he said, saying robotaxis would boost the utility of a vehicle by five times, as owners can send their cars out to work when not needed. Tesla uses cameras and artificial intelligence, avoiding other technologies such radar and lidar that rivals such as Waymo include. Tesla shares fell 8. That approach has drawn fire. Tesla isn't working on the $25,000 electric car it promised would arrive around 2023, Elon Musk told investors during a conference call on Wednesday. “You have to be able to not only just see a person, like right in front of you, you have to do so, with 99. The stock advanced 50% in 2021 after soaring 743% in 2020. It's awesome!" Musk.

999999999% reliability. Even running over someone once is not an acceptable answer,” Austin Russell, CEO of lidar maker Luminar, told Reuters. Lacking near-term additions to Tesla showrooms to promote, Musk spent much of Tesla’s earnings call discussing the potential of self-driving technology and a humanoid robot the company has under development."At some point we will, but we have enough on our plate right now, too much on our plate frankly. Philip Koopman, a professor at Carnegie Mellon University who has been working on autonomous vehicle safety, said a big problem is that at scale, unusual cases constantly can crop up. “Without a human driver to handle safety for novel situations the machine learning hasn't been taught already, it's very difficult to ensure safety in a completely automated vehicle,” he said. Musk said the robot he first teased five months ago may be the most important product the carmaker is working on and has the potential to be more significant than its vehicle business. . He didn't reveal what it would look like or any specifications, but said it would arrive in around three years.