Tesla Continues to Walk Back Full Self-Driving Claims
In 2016, Tesla (TSLA) couldn’t tell enough people that its cars would soon drive themselvesIn 2019, Tesla raised billions of dollars on the prospect of a fleet of a million robotaxis by the next year. However, starting on the Q3 2019 earnings call, CEO Elon Musk started walking back some of those claims. To begin with, in that earnings call, Musk started saying that “feature complete” really just meant that the “City Streets” version would be operable, not that it could actually drive without assistance. A year later, in regulatory filings with the California DMV, Tesla said, “As such, a final release of City Streets will continue to be an SAE Level 2, advanced driver-assistance feature.” In the accepted terminology around levels of self-driving, truly self-driving vehicles are classed as SAE Level 5. Level Read More ›