This Move Will Save Tesla's Stock
Briefly

Despite progress by companies like Tesla and Alphabet's Waymo, true self-driving cars remain elusive. Tesla's advancements in AI and ambition to lead in the sector are critical as it competes with Chinese firms like BYD. Tesla's innovations, specifically their self-driving features, could reshape the industry as profoundly as electric vehicles have. Meanwhile, Waymo is constrained by its need for manufacturing partnerships. The significance of AI in this evolution is underscored by figures like NVIDIA's CEO, highlighting the changing dynamics in automotive technology.
Tesla's success in launching a true self-driving car could revolutionize the automotive industry similarly to how electric vehicles did, particularly with significant advancements in AI.
Alphabet's Waymo faces challenges as it seeks to expand its self-driving initiatives beyond limited services in a few cities, needing partnerships for manufacturing.
Chinese EV leader BYD and Tesla have recently showcased their innovations in 'self-driving' features, marking significant movements in the competitive landscape of autonomous vehicles.
Elon Musk's characterization of Tesla as an AI/robotics company rather than merely a car firm suggests a broader vision for its technological capabilities in autonomous driving.
Read at 24/7 Wall St.
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