Reported 1 day ago
Elon Musk explained Tesla's decision to rely solely on cameras and neural networks for self-driving technology instead of using LIDAR, drawing parallels between human vision and Tesla's systems. This approach aims to simplify hardware, reduce costs, and leverage software for profitability, although it raises concerns about safety under diverse conditions. Investors are encouraged to monitor software adoption, energy storage growth, and milestones for Tesla's autonomous ride-hailing network, Robotaxi, as the company's future profitability increasingly depends on its success in these areas.
Source: YAHOO