Tesla Targets Large-Scale Autonomy by Mid-2026, Confident in Cost and Technology Edge
Live Track
Yesterday
Elon Musk expressed confidence that Tesla will achieve large-scale autonomy by mid-2026, with millions of fully autonomous Teslas expected to be operating in the second half of 2026. The company plans to launch paid fully autonomous rides in Austin in June 2025, expanding to many other cities by the end of 2025. Tesla sees its AI-based generalized solution as superior to competitors' approaches, citing its ability to adapt quickly to new environments with minimal location-specific data. Musk emphasized Tesla's cost advantage over competitors like Waymo, stating Tesla's autonomous vehicles will cost 20-25% of Waymo's.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.