Tesla 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.
A Tesla logo is seen on a wheel rim during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song/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 value of Tesla vehicles would rise in perhaps "the single biggest step change in history" once regulators approved self-driving, he said at. Musk has also said that Tesla robots, in pilot phase, could become a huge product. He said they could help out on Tesla's factory floors as soon as next year, although only about 10 have been built to date.
But Musk said Tesla will keep pushing to expand sales volume at the cost of profit margins, betting on the long-term value from FSD. "Autonomy will make all of these numbers look silly," he said. The licensing announcement was not surprising, given industry failures, Ark Invest's Tasha Keeney said on Twitter. "Autonomy is hard, it requires vast amounts of data, and I believe many automakers will fail to achieve it on their own."
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